No sign that IFFX actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.

Moderate risk

Scam Risk Scoremonitored · 2026-07-28

Lower riskHigher risk

No verified regulatory license on file
No verifiable website or social-media presence

How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

Factor	Score	Weight
Regulation & licensing	85	35%
Company age	22	15%
Clone / impersonation	0	12%
Withdrawal & exposure complaints	0	12%
Offshore registration	45	8%
Transparency (site/info/social)	53	10%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company

Legal nameICONIC FINANCIAL LIMITED

Headquarters🇳🇿 New Zealand

Founded2017-11-22

Years operating5-10 years

Employees0

Official websitemanage.iffx.com

Trading conditions

Avg execution speed0 ms

Avg slippage0

Swap rating—

Trading cost rating—

Monitored traders0

Monitored orders0

Funding & instruments

Deposit methods—

Withdrawal methods—

Instruments—

Registered address

6 Ryeland Avenue Wakefield Wakefield 7025

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

IFFX presents a high-risk profile due to its lack of regulation and a “Suspicious Clone” warning from the New Zealand FSPR. The absence of independent reviews, a verifiable website, or a demo account further limits trader confidence. FXCanary assigns a guarded risk score of 46/100, advising extreme caution for anyone considering this platform.

Not for

Traders seeking regulated brokers
Those who require demo accounts for practice
Risk-averse investors

Period:

What users praise

Where reviewers are from

Tunisia1

Real user reviews

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About IFFX

Company Overview

IFFX is a trading platform based in New Zealand, registered since November 22, 2017. The company's registered address is located at 6 Ryeland Avenue, Wakefield, Wakefield 7025. According to official records, IFFX does not hold any recognised regulatory licences, and the Financial Service Providers Register (FSPR) designation has been flagged as a “Suspicious Clone,” indicating potential concerns regarding its legitimacy.

The platform reportedly focuses on managed forex and cryptocurrency trading, requiring a minimum deposit of RM5,000. It offers a basic account type but does not provide a demo account for testing. Customer support is available 24/7 via email (admin@iffx.my) and Telegram (+60 11-1688 7731). However, the lack of a verifiable official website or independent online presence raises significant questions about its operational transparency.

Overview compiled by FXCanary from regulatory records and public data. full IFFX review