Global Broker Regulation Inquiry App
WikiFX
Broker
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Mohammed Mazhar
Within 1 year

Considering both user reviews and your own assessment, how credible do you believe IFC to be?

Broker Issues
IFC
Regulation
03-15
United States
WikiFX
Reply

As an experienced trader who prioritizes safety and regulatory compliance, I have significant reservations about trading with IFC. My assessment is rooted in their lack of valid regulatory oversight, which is a fundamental red flag in the forex industry. For me, proper regulation serves as an essential safeguard because it mandates transparency, dispute resolution mechanisms, and capital requirements that protect clients like myself from broker misconduct or insolvency. IFC’s history—operating for over five years and being based in Jordan—does indicate some permanence, and I did take note of the availability of a demo account, which can be useful for testing their trading environment without commitment. However, my trust is undermined by the explicit warning about their suspicious regulatory license and the high potential risk label. These are not issues I’m willing to overlook, especially given that regulatory status directly impacts fund security and the recourse available if something goes wrong. While they do provide customer support by phone and email, and their platform supports basic financial brokerage and margin financing, the absence of inclusion under a recognized regulatory authority is the decisive factor for me. Ultimately, while IFC may offer a range of trading services and some operational transparency, the lack of regulation entails risks that, in my view, outweigh any potential benefits. I would advise fellow traders to approach with extreme caution and to consider more reputable, regulated brokers for their trading needs.

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