IFFM (iffm-access.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: iffm-access.com.
IFFM (iffm-access.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Clean UI|Fast execution
Cons: Email notifications too frequent
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. IFFM (iffm-access.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Market news feed|No hidden fees|Good mobile app
Cons: Spreads widen during volatile periods|Search feature is basic
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. IFFM (iffm-access.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Copy trading available|Fast execution
Cons: Limited cryptocurrency options|Website design could be more modern
IFFM (iffm-access.com) locked my account without warning and demanded documents I had already submitted. for about eight months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Customizable dashboard|Multiple order types
Cons: Alert system is basic
I joined IFFM (iffm-access.com) after a friend recommended them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Risk management tools|API access|High security standards|Quick verification
Cons: No integrated tax optimization
I closed a profitable position at IFFM (iffm-access.com) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Social trading features|Easy to use platform
Cons: Currency conversion fee exists
IFFM (iffm-access.com) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Economic calendar|Fast support response|Clear documentation|Good mobile app
Cons: Research section could be deeper
After spending for close to eighteen months trying to make IFFM (iffm-access.com) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Dedicated account manager|Detailed reporting
Cons: Would like more payment methods|Slow to add new assets
IFFM (iffm-access.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Fast deposits|Real-time alerts
Cons: Email notifications too frequent|Limited demo account features
KYC with IFFM (iffm-access.com) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Segregated accounts|Transparent fees
Cons: Desktop app not available on Linux|No dark mode on mobile