WikiFX

Sagot

Based on what I found about IFIC Bank, I could not identify any clear information regarding leverage offerings for major forex pairs or other asset types. In my experience as a trader, whenever a broker fails to disclose leverage conditions transparently, that is an immediate red flag and demands extreme caution. According to the available facts, IFIC Bank primarily promotes a variety of deposit and savings products, such as fixed deposits, pension schemes, and monthly income plans rather than traditional leveraged forex trading services. Their platform appears to function through a digital banking app focused on deposit schemes, not on offering leveraged trading or margin products typical of forex brokers. Furthermore, IFIC Bank is currently unregulated and carries suspicious regulatory warnings. Unregulated entities are especially risky in the context of leveraged instruments, as regulatory oversight is crucial to ensure fair dealing and protect client funds from excessive risks. I could not access any disclosure of forex trading conditions—let alone leverage ratio details—across their public materials. This suggests, to the best of my knowledge, that leverage either is not offered or at best, is not presented in a manner that meets industry standards for transparency. From a risk-management perspective, if you are looking to engage in leveraged forex trading, I would strongly advise considering only well-regulated brokers who clearly publish their leverage ratios and provide transparent risk disclosures.