About IX Securities
Company Overview
IX Securities is a trading name of IX CAPITAL GROUP LIMITED, a forex and CFD broker registered in the Bahamas since November 2018. The broker targets retail traders seeking leveraged forex trading with access to the MetaTrader4 platform.
The firm holds a Derivatives Trading License from the Securities Commission of the Bahamas (SCB), though the status of this licence is not specified in public records. The regulatory framework in the Bahamas is considered less stringent than that of major financial hubs, which may affect the level of investor protection.
Regulation and Safety
The only regulator on file for IX Securities is the SCB in the Bahamas, under a Derivatives Trading License (MM). No additional regulatory oversight is reported from other jurisdictions. This limited regulatory status means that traders may not have access to compensation schemes or dispute resolution mechanisms common in more tightly regulated markets.
The broker has been assigned an FXCanary Scam Risk Score of 57 out of 100, indicating an elevated risk. Potential clients should exercise caution and conduct thorough due diligence before committing funds.
Account Types and Platforms
IX Securities offers two account types: ECN and STP. Details on minimum deposit requirements and maximum leverage are not publicly available. The broker claims to provide the MetaTrader4 trading platform, a widely used platform known for its advanced charting tools and automated trading capabilities.
The lack of concrete account specifications makes it difficult for traders to compare offerings. The broker does not disclose the number of instruments or asset classes available for trading.
Company Background
Registered in the Bahamas, IX Securities was established on November 15, 2018. The company operates under the trading name IX CAPITAL GROUP LIMITED. The Bahamas is a common jurisdiction for forex brokers seeking lighter regulation, which can be a double-edged sword for traders.
Public information about the broker's physical presence or key personnel is scarce. There are no independent user reviews or third-party audits available at this time, leaving traders with limited references.
Deposits and Withdrawals
No information is provided regarding funding methods, minimum deposit amounts, or withdrawal processing times. This lack of transparency is a red flag for potential users.
Traders should request detailed information from the broker directly or rely on aggregated industry data before making financial commitments.
Customer Support and Service
Details about customer support channels (live chat, phone, email) and availability are not publicly documented. Without such information, assessing the broker's responsiveness and service quality is challenging.
Prospective clients are advised to test the broker's support before opening a live account.
Overview compiled by FXCanary from regulatory records and public data. full IX Securities review