Brokers  /  IFX

IFX

Severe riskMoney transfer service
🇬🇧 United Kingdom · 5-10 years · since 2019-02-18 · IFX (UK) Ltd
This is a money transfer service, not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.59/10
Trustpilot/5
Forex Peace Army/5
🛡️ Been scammed or can’t withdraw from IFX? Our free assistant writes up your case and shows exactly what to do next →
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IFX operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • 8 user exposure/complaint reports filed
  • Withdrawal complaints in ~100% of recent reviews
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.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)2510%

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 nameIFX (UK) Ltd
Headquarters🇬🇧 United Kingdom
Founded2019-02-18
Years operating5-10 years
Employees0
Official websiteifxpayments.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
33 Cavendish Square 11th Floor London W1G 0PWW 1 G 0 P W UNITED KINGDOM

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Across 11 recent Trustpilot reviews, 73% are 1–2 star. The single most common complaint is being unable to withdraw funds (11 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
Hong Kong7
Malaysia1
Morocco1
United Kingdom1
Singapore1

Real user reviews

Where IFX operates

Active across 9 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇦🇪 United Arab Emirates
🇺🇸 United States
🇫🇷 France
🇮🇳 India
🇪🇸 Spain
🇨🇾 Cyprus
🇦🇺 Australia
🇩🇪 Germany
🇮🇱 Israel
🇭🇰 Hong Kong 6 complaints
🇲🇾 Malaysia 1 complaint
🇸🇬 Singapore 1 complaint

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About IFX

IFX is a forex and CFD broker based in United Kingdom, with records dating to 2019-02-18. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

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