Basic Information
Registered Region 
China
ChinaOperating Period
2-5 years
Company Name
IQFx Options Capital Advisors Corporation
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
0
1
2
3
4
5
6
7
8
9
.
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
/10
IQFX
China
|
2-5 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://iqfxoption.com/Home
Website
Rating Index
Contact
https://iqfxoption.com/Home
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Website
Company Summary
Comment
Users who viewed IQFX also viewed..
GTCFX
8.84
Score
ECN Account 15-20 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
GTCFX
Score
8.84
ECN Account 15-20 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
Official website
TMGM
8.55
Score
ECN Account 10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
TMGM
Score
8.55
ECN Account 10-15 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
FBS
8.80
Score
ECN Account 5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
FBS
Score
8.80
ECN Account 5-10 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
fpmarkets
8.88
Score
ECN Account Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
fpmarkets
Score
8.88
ECN Account Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
Website
iqfxoption.com
205.144.171.108Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
Note: IQFX's official website https://iqfxoption.com/ is currently inaccessible normally.
| IQFXReview Summary | |
| Founded | 2022 |
| Registered Country/Region | China |
| Regulation | No regulation |
| Market Instruments | CFDs, Cryptocurrencies, Binary options, Stocks |
| Demo Account | / |
| Leverage | Up to 1:500 |
| EUR/USD Spread | 2.8 pips |
| Trading Platform | / |
| Min Deposit | $200 |
| Customer Support | Contact form |
IQFX was registered in 2022. It offers trading services on CFDs, Cryptocurrencies, Binary options, and Stocks. The leverage can be up to 1:500, and the minimum deposit is $200. However, it is not regulated, and its website cannot be entered, so potential risks may exist.
Pros and Cons
| Pros | Cons |
| Diverse trading market chocies | Inaccessible website |
| Multiple account types | Lack of regulation |
| Wide spreads | |
| High minimum deposit | |
| Limited channels for customer support |
Is IQFX Legit?
IQFX is not regulated by the financial services regulatory authority in China, which means that the company lacks regulation from its registration site. Moreover, the current status shows that its domain is going to be deleted.
What Can I Trade on IQFX?
On IQFX, customers can trade CFDs, Cryptocurrencies, Binary options, Stocks.
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Stocks | ✔ |
| Cryptos | ✔ |
| Binary Options | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
Account Type
4 types of accounts are available, including Basic, Silver, Gold, and VIP.
| Account Type | Minimum Deposit |
| Basic | $200 |
| Silver | $1,000 |
| Gold | $10,000 |
| VIP | $50,000 |
Leverage
The leverage can be up to 1:500. Generally speaking, when the leverage is high, potential risks may also be high. Therefore, careful considerations are needed.
IQFX Fees
IQFx Options imposes trading fees primarily through spreads, which vary depending on the currency pair or asset being traded.
The spreads for major currency pairs are as follows: EUR/USD at 2.8 pips, GBP/USD at 3.1 pips, and USD/JPY at 3 pips.
Additionally, the spread for trading crude oil is set at $0.12 per unit. These spreads are relatively high compared to industry standards.
There is no commission on withdrawals, as the platform advertises zero fee withdrawals across all account types.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Write a review
Exposure
Neutral
Positive
Content you want to comment
Please enter...
Submit now
Write a comment
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now