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IQFX

Item: IQFX
Rating: 1.30

China|2-5 years|

Suspicious Scope of Business|High potential risk|

https://iqfxoption.com/Home

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https://iqfxoption.com/Home

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No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away!

Previous Detection : 2024-11-17

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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IQFX · WikiFX Survey

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IQFX · Company Summary

Note: IQFX's official website https://iqfxoption.com/ is currently inaccessible normally.

IQFXReview Summary
Founded	2022
Registered Country/Region	China
Regulation	No regulation
Market Instruments	CFDs, Cryptocurrencies, Binary options, Stocks
Demo Account	/
Leverage	Up to 1:500
EUR/USD Spread	2.8 pips
Trading Platform	/
Min Deposit	$200
Customer Support	Contact form

IQFX was registered in 2022. It offers trading services on CFDs, Cryptocurrencies, Binary options, and Stocks. The leverage can be up to 1:500, and the minimum deposit is $200. However, it is not regulated, and its website cannot be entered, so potential risks may exist.

Pros and Cons

Pros	Cons
Diverse trading market chocies	Inaccessible website
Multiple account types	Lack of regulation
	Wide spreads
	High minimum deposit
	Limited channels for customer support

Is IQFX Legit?

IQFX is not regulated by the financial services regulatory authority in China, which means that the company lacks regulation from its registration site. Moreover, the current status shows that its domain is going to be deleted.

What Can I Trade on IQFX?

On IQFX, customers can trade CFDs, Cryptocurrencies, Binary options, Stocks.

Tradable Instruments	Supported
CFDs	✔
Stocks	✔
Cryptos	✔
Binary Options	✔
Forex	❌
Commodities	❌
Indices	❌

Account Type

4 types of accounts are available, including Basic, Silver, Gold, and VIP.

Account Type	Minimum Deposit
Basic	$200
Silver	$1,000
Gold	$10,000
VIP	$50,000

Leverage

The leverage can be up to 1:500. Generally speaking, when the leverage is high, potential risks may also be high. Therefore, careful considerations are needed.