www.ifx4u.com has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.ifx4u.com.
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. www.ifx4u.com recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Educational resources|Excellent charting
Cons: No live chat on mobile|Inactivity fee applies after 12 months
The only good thing about www.ifx4u.com is that they remind you why regulation matters. I found them while looking for alternatives to my previous provider. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Segregated accounts|Easy withdrawals
Cons: Would like more payment methods|Wait times can be long during peak hours
www.ifx4u.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: Clear documentation|Low minimum deposit
Cons: Alert system is basic|Would like more payment methods
My card was charged twice by www.ifx4u.com on the same day. I had to dispute it with my bank. www.ifx4u.com then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Dedicated account manager|Multi-device support|Economic calendar
Cons: Search feature is basic
www.ifx4u.com has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: API access|Good mobile app
Cons: Cannot customize dashboard fully
I referred a friend to www.ifx4u.com while looking for alternatives to my previous provider. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: High security standards|Copy trading available|Economic calendar|Clean UI
Cons: Limited ETF selection
Opened my account with www.ifx4u.com through a forum discussion and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Economic calendar|Good mobile app|Professional team|Social trading features
Cons: Nothing significant|Slow to add new assets
www.ifx4u.com changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: No hidden fees|Excellent charting|Competitive fees|Regular updates
Cons: Nothing significant
My withdrawal request from www.ifx4u.com has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Social trading features|Good analytical tools
Cons: Could offer more webinars|Email notifications too frequent
After for close to eighteen months with www.ifx4u.com, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Market news feed|Helpful community forum|Good mobile app|Clean UI
Cons: None so far|Withdrawal takes 1-2 business days