IamFX Review
IamFX is a Foreign Exchange liquidity provider that offers a wide range of trading technologies and services. Our position as a liquidity provider allows you the client, to take advantage of transparent real-time pricing. This has enabled IamFX to create a unique Forex Trading environment that offers individual traders the same STP (Straight Through Processing) liquidity, execution and trading functionality demanded by interbank traders.
Our position as a "STP" provider allows you the client to take advantage of the many benefits to trading with a Non-dealing desk model.
An "STP" firm such as IamFX offers complete transparency, superior execution, and anonymity. This is made possible as a result of Direct and Competitive market "Bids and Offers" allowing client orders to be executed automatically and immediately through our Market network. This allows for a trading environment with no re-quotes and no bias against any trader or trading system including automated systems which includes scalping.
Typical Spread on Majors
| EUR/USD | 0.8 |
| GBP/USD | 1.6 |
| USD/JPY | 1 |
- Company Info
| Headquarters | Panama City, Panama |
| Type of Broker | STP |
| Founded | 2009 |
| Regulated By | Regulated By None |
| Offices In | Panama, Canada |
| Supported Languages | English, Czech, Slovenian |
| ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | AUD, EUR, GBP, USD, CAD, HKD, JPY, CHF |
| Minimum Deposit | $100 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | Yes |
| Islamic Account Restrictions | Muslim Faith Only |
| ECN / STP Accounts Offered | No |
| Commission on STP or ECN | 1.2 pips/Round-turn Lot (Micro account), 1 pip/Round-turn Lot (Standard account) |
| VIP Accounts Offered | No |
| Mini Accounts Offered | Yes |
| PAMM / MAM Solutions | Yes |
| API Solutions | No |
| Mobile Trading | Yes |
| Web Based Trading | No |
| Funding Methods | Credit/Debit Cards, Wire Transfer, Skrill |
| Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Skrill |
- Platform Details
| Platforms Offered | MetaTrader 4, MirrorTrader |
| NO of Pairs | 48 |
| Pricing Digits | 4 and 5 |
| Trade off Charts | No |
| One-click Execution | No |
| Email Alerts | Yes |
| Mobile Alerts | No |
| Trading Server Time | GMT + 0 |
| Demo Account Expiry | 60 Days |
| VPS Offered | Yes |
| Free VPS Conditions | Must Trade Minimum 5 Standard Lots per Month |
- Trading Details
| Dealing Desk | No |
| Maximum Leverage | 400:1 |
| Minimum Contract Size | 0.01 |
| Execution | Market Execution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | Yes |
| Option of FIFO | Yes |
| Liquidity Providers | 10+ |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
IamFX Reviews
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