Score
IFDC
United States|5-10 years| https://www.ifdcfx.com/
Website
Rating Index
Contact
Licenses
Licensed Institution：IFDC CAPITAL MANAGEMENT LLC
License No.：0514623
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United States
5-10 years Suspicious Regulatory License Suspicious Scope of Business United States Common Financial Service License Unauthorized Suspicious Overrun High potential riskUsers who viewed IFDC also viewed..
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Website
ifdcfx.com
Server Location
Hong Kong
Website Domain Name
ifdcfx.com
Server IP
18.163.168.230
Company Summary
General Information & Regulation
IFDC Capital claims to be the U.S. registered online forex, commodities, and cryptocurrency broker and currently holds a general financial license from the National Futures Association (NFA), Regulation No. 0514623, but this license is over the scope of operation and investors should be aware of the risks.
Market Instruments
IFDC Capital claims to provide investors with trading services in foreign exchange currencies, commodities, and cryptocurrencies.
IFDC Capital Minimum Deposit
IFDC Capital does not offer different account types, but it indicates that “Introducing Broker's number” is required to open an account. In addition, the account opening form provided is full of spelling errors, so it can be concluded that this is most likely an illegal broker.
IFDC Capital Leverage
The maximum leverage offered in IFDC Capital's demo account is up to 1:500, which is usually generous leverage offered by irregular brokers, as high leverage offers some profit potential but also brings huge risks to investors.
Spreads & Commissions
IFDC Capital claims that it offers floating spreads, and there is no information on the website about the spreads of any products. Using the MT4 demo account, you can see that the EURUSD currency conversion spread is 2 pips, which is above the industry standard, as most brokers offer EURUSD spreads between 1.1 and 1.5 pips.
Trading Platform
IFDC Capital offers traders the market-leading and widely acclaimed MT4 trading platform, as well as MT4 Desktop, IOS, and Android versions. MT4 forex trading platform is preferred by 80% of users worldwide and features an intuitive, user-friendly interface, advanced charting tools, analytical tools, and copy-combined automated trading options. Traders can customize and create different trading strategies using the proprietary MQL4 programming language.
Deposit and withdrawal
The official website of IFDC Capital does not provide any information on credit cards, debit cards, or bank wire transfers to deposit or withdraw funds to or from your account, nor does it provide information on minimum deposit or withdrawal amounts.
IFDC Capital Cons
IFDC Capital Disadvantages Inlcude:
1. Operating beyond its scope
2. Important transactions not accurate
3. Wide spreads in demo accounts
4. Unregulated and poorly informed website
5. No information on deposit and withdrawal.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- United States Common Financial Service License Unauthorized
- Suspicious Overrun
- High potential risk
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wei45366
Japan
This woman deceived me to invest and speculate in gold futures, conducting the so-called projects, but now the platform website is closed and all staff are lost. I was defrauded of more than 40,000 dollars. Return my hard-earned money!!!
Exposure
2021-02-16
FX9317294382
Hong Kong
Give back my hard-earened money! I would appreciate it if anyone could help me.
Exposure
2020-02-05
FX9317294382
Hong Kong
The withdrawal hasn't been received as expected within 10 days. The scam platform didn't reply to me on Wechat or QQ. Give back our hard-earned money.
Exposure
2020-02-03
Forever-燕
Hong Kong
It is said that funding process is prohibited before February 10th. Now the webiste is even disabled.
Exposure
2020-02-02
翻译老龚
Hong Kong
IFDC induced clients to trade in it through Wechat group and livestreaming room, claiming that the profit is 100%!
Exposure
2019-12-24