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Broker
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Ashraf Shahhat
Within 1 year

Could you give a comprehensive overview of the fees charged by IFC, covering both commissions and spreads?

Broker Issues
IFC
Fees and Spreads
09-03
United States
WikiFX
Reply

Based on my review of IFC, I must be upfront that details about the specific fees, commissions, and spreads charged by this broker are not clearly provided in the available information. This omission itself raises a red flag for me as an experienced trader because fee transparency is a foundational part of evaluating any financial services provider. When a broker lacks regulatory oversight—as is the case with IFC, which is currently unregulated and has a "suspicious regulatory license" warning—it's even more crucial for traders to have clarity on costs to accurately judge the potential impact on their trading. In my experience, reliable brokers will always publish their commission structures, spread averages, and any additional charges, making it easier for traders to compare across the market. With IFC, while the platform does offer standard services such as financial brokerage, margin financing, and spot trading, the absence of direct information about spreads and commissions makes it impossible for me to fully assess cost competitiveness or fairness. Given the high-risk warnings associated with IFC and the lack of regulatory oversight, I personally would exercise extreme caution and seek all fee-related details in writing—ideally verified independently—before considering this broker for live trading. For me, fee clarity is not just a preference; it's an essential layer of trust and protection.

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