IFX Brokers
IFX Brokers is a South African FSCA-regulated online CFD broker offering forex, indices, commodities, crypto, and share trading via MT4/MT5 to global retail traders across six account tiers.
- Company typePrivate
- Founded2017
- HeadquartersCape Town, South Africa
- Headcount11–50
- GTM typeB2C
- OfferingServices
What IFX Brokers does
iFX Brokers Holdings (Pty) Ltd, trading as IFX Brokers, is a South African FSCA-regulated OTC Derivatives Provider (FSP 48021) that offers online CFD trading on forex, indices, commodities, cryptocurrencies, and shares to retail traders globally. Founded in 2017 and headquartered in Jeffreys Bay, Eastern Cape, the firm delivers its core service through commodity MetaTrader 4 and MetaTrader 5 platforms, supplemented by a proprietary mobile app (myiFXMobile, iOS/Android), a web client portal (myiFXBrokers), and a central iFX Wallet for fund management. Reported infrastructure metrics include 99.9% platform uptime, 2.5 millisecond execution, 150 price feeds, and a stated 500,000-trade-per-millisecond capacity.
The business operates six retail account tiers — Standard, Premium, VIP, Cent, Islamic (swap-free), and Raw — with minimum deposits from USD 10 to USD 1,000 and leverage up to 1:500 (1:1000 on Cent), targeting beginners, active traders, Islamic clients, and professionals respectively. Revenue is generated transactionally through spreads (from 0 to 1.3 pips by tier), commissions (USD 6 per lot on VIP/Raw), overnight swap/rollover fees, and payment processing, with deposits/withdrawals supported across Ozow, PayFast, Skrill, Neteller, and 15+ cryptocurrencies. Distribution is digital-first self-serve with no enterprise sales motion, complemented by an Introducing Broker affiliate programme and a content/SEO-led acquisition strategy. The firm excludes clients from the US, UK, EU, Canada, and 20+ other jurisdictions, positioning itself in under-regulated emerging markets.
IFX Brokers firmographics
Firmographics- Name
- IFX Brokers
- Legal name
- iFX Brokers Holdings (Pty) Ltd
- Website
- https://ifxbrokers.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- IFX Brokers is a South African FSCA-regulated online CFD broker offering forex, indices, commodities, crypto, and share trading via MT4/MT5 to global retail traders across six account tiers.
- Ownership category
- akta.pro rank
IFX Brokers industry classification
Industry- Product category
- Retail Forex & CFD Brokerage
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (52316), Securities and Commodity Exchanges (523210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- FX & Spot Metals Brokerage (FSAEACAK)
- akta.pro secondary industries
- Retail FX/CFD Broker Trading Venues (FSAFADAD), Crypto Derivatives Exchanges (Futures, Options & Perpetuals) (FSADAAAD), Derivatives Trading Venues (perps, futures, options) (FSAPADAE)
Keywords
Where IFX Brokers is headquartered
LocationHeadquarters
- HQ city
- Cape Town
- HQ country
- South Africa
- HQ region
- Africa
Offices2 records
Markets served
IFX Brokers business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure, Others
Revenue model
- Spreads: The primary revenue source is the spread - the difference between bid and ask prices. Different account types offer different spread levels: Standard accounts start from 1.3 pips, Premium accounts from 1 pip, VIP accounts from 0.5 pips, and Raw accounts from 0 pips.
- Commissions: Commission charges apply to certain account types. VIP accounts charge USD 6 commission, and Raw accounts also charge USD 6 commission per trade. Standard and Premium accounts have no commission.
- Swap/Rollover Fees: Interest charged or credited for holding positions overnight. Swap is applied based on daily interest rate differentials. On Wednesdays, swap is tripled to cover the weekend. Swap-free accounts are available for Islamic clients.
- Deposit/Withdrawal Processing: The broker covers transaction fees on instant payment deposits. Wire transfers incur a 2.50% fee with 24-48 business hours processing time.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Entry-level account with USD 10 minimum deposit, spreads from 1.3 pips, no commission, up to 1:500 leverage, supports trading bonus |
| Subscription | Pay-as-you-go | Mid-tier account with USD 250 minimum deposit, spreads from 1 pip, no trading bonus, attractive trading conditions |
| Subscription | Pay-as-you-go | Premium account with USD 1000 minimum deposit, raw spreads, USD 6 commission, best trading conditions |
| Subscription | Pay-as-you-go | Cent account for beginners with lower risk, MT5 only, up to 1:1000 leverage |
| Subscription | Pay-as-you-go | Swap-free Islamic account compliant with Sharia law, no swap charges for overnight positions |
| Subscription | Pay-as-you-go | Raw spread account available on MT5 only with competitive commission structure |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
IFX Brokers product offering
Product offeringCore offering
iFX Brokers is an FSCA-regulated online CFD broker that provides retail traders with access to leveraged trading on Forex, Indices, Commodities, Cryptocurrencies, and Shares through MetaTrader 4/5 platforms and a proprietary mobile app. The broker offers tiered live account types (Standard, Premium, VIP, Cent, Islamic, Raw) plus demo accounts, with revenue generated from spreads, commissions, and overnight swap charges.
Product overview
IFX Brokers is a platform-plus-modules architecture offering CFD trading services under FSCA regulation. The core offering is the iFX Brokers Trading Platform providing multi-asset CFD trading (Forex, Indices, Commodities, Crypto, Shares) accessible via MetaTrader 4 and MetaTrader 5. Supporting infrastructure includes the myiFXBrokers secure client portal, the myiFXMobile app for iOS/Android, and the iFX Wallet for centralized fund management. The platform supports six distinct account types (Standard, Premium, VIP, Cent, Islamic, Raw) plus demo accounts, each with different leverage, spread, and commission structures to serve traders from beginners to VIP clients. All services are powered by MT4/MT5 infrastructure with reported 99.9% uptime, 2.5ms execution speed, and 150 unique price feeds.
Differentiator
Problem solved
Functional benefit
Products and services
- iFX Brokers Trading Platform Online CFD trading platform offering multi-asset trading on Forex, Indices, Commodities, Crypto, and Shares through MT4 and MT5 platforms with leverage up to 1:500 for individual retail traders.
- MetaTrader 4 (MT4) Trading Platform Desktop and mobile trading platform with enhanced charting functionality, sophisticated order management tools, multilingual interface, and comprehensive analysis capabilities for retail CFD traders.
- MetaTrader 5 (MT5) Trading Platform Advanced trading platform with additional features including options to trade futures and stocks, 21 time frames, 44 graphical objects, 38 technical objects, depth of market functionality, and 6 pending order types.
- myiFXBrokers Client Portal Secure client portal for account management, deposits, withdrawals, internal transfers, trade history review, and support ticket submissions.
- myiFXMobile App Mobile trading application for iOS and Android enabling deposits, withdrawals, account opening, internal transfers, and trade history access from mobile devices.
- iFX Wallet Central wallet account for managing funds across multiple trading accounts with instant deposit and withdrawal capabilities, providing protection from market movements in trading accounts.
Quantifiable outcome
- 99.9% MT4/MT5 platform uptime guarantee
- +3 more outcomes
Companies that use IFX Brokers
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
IFX Brokers technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration18 records
Feature5 records
IFX Brokers partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- MetaQuotes (MT4/MT5)coreiFX Brokers offers MetaTrader 4 and MetaTrader 5 trading platforms developed by MetaQuotes Software Corp. These platforms provide the core trading infrastructure including advanced charting, order management, and multi-device access.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
IFX Brokers competitors and assessment
Company assessmentDirect peers
- Exness: Global multi-asset retail FX/CFD broker with MT4/MT5, tiered account structure, and strong emerging market presence. Directly comparable to iFX Brokers on platform technology, account segmentation, and target retail trader profile across Africa, Asia, and Latin America.
- XM Group: Large retail FX/CFD broker offering MT4/MT5 with tiered account types (Micro, Standard, Ultra Low, Shares) and a global Introducing Broker program. Directly comparable to iFX Brokers on platform, account segmentation, and affiliate-led acquisition model.
- IC Markets: Retail FX/CFD broker built on MT4/MT5/cTrader with Raw Spread accounts and ECN-style execution. Closely comparable to iFX on platform technology, raw spread account tier, and competitive execution positioning toward active retail traders.
- Pepperstone: Retail FX/CFD broker with MT4/MT5/cTrader, Razor account (raw spread + commission), and multi-asset CFD coverage. Comparable to iFX Brokers on platform stack, raw-spread account structure, and active/professional trader targeting.
- AvaTrade: Multi-jurisdictional retail FX/CFD broker offering MT4/MT5 plus proprietary AvaTrade platforms, with crypto CFDs and Islamic accounts. Directly comparable to iFX on multi-asset CFD offering, Islamic account tier, and MT4/MT5 platform reliance.
- FXTM (Forextime): Retail FX/CFD broker with Cent/Standard/ECN account tiers on MT4/MT5, strong emerging market and African presence. Closely comparable to iFX Brokers on Cent account offering, MT4/MT5 platform, and emerging-market trader targeting.
- HFM (formerly HotForex): Global retail FX/CFD broker with tiered accounts (Cent, Premium, Pro, VIP) on MT4/MT5 plus multi-asset CFDs and affiliate programs. Directly comparable to iFX on account segmentation, platform technology, and IB-driven client acquisition model.
- Tickmill: Retail FX/CFD broker offering MT4/MT5 with Pro/VIP account tiers featuring raw spreads and commissions. Comparable to iFX Brokers on platform, raw-spread offering, and active trader value proposition.
- Deriv: Retail derivatives broker with MT5 and proprietary Deriv X/Deriv Trader platforms, synthetic indices, and strong emerging market presence including Africa. Comparable to iFX on multi-asset retail derivative offering and emerging market trader focus.
Broad incumbents
- IG Group: Large, publicly listed global multi-asset broker offering CFDs on forex, indices, commodities, shares, and crypto via MT4 plus proprietary platforms. Operates in the same product category as iFX but at significantly larger scale, multiple Tier-1 licenses, and broader institutional footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
IFX Brokers social profiles
Digital presenceIFX Brokers compliance and trust
Trust signalCompliance6 records
IFX Brokers financial estimates
Financial estimateRevenue estimate
Valuation estimate
IFX Brokers leadership team
Management profileNumber of profiles
IFX Brokers funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IFX Brokers M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IFX Brokers
What does IFX Brokers do?
iFX Brokers is an FSCA-regulated online CFD broker that provides retail traders with access to leveraged trading on Forex, Indices, Commodities, Cryptocurrencies, and Shares through MetaTrader 4/5 platforms and a proprietary mobile app. The broker offers tiered live account types (Standard, Premium, VIP, Cent, Islamic, Raw) plus demo accounts, with revenue generated from spreads, commissions, and overnight swap charges.
Is IFX Brokers a public or private company?
IFX Brokers is a private company. It is classified as unknown and is currently operating.
When was IFX Brokers founded?
IFX Brokers was founded in 2017. It employs 11 to 50 people.
Where is IFX Brokers based?
IFX Brokers is headquartered in Cape Town, South Africa, in the Africa region.
How does IFX Brokers make money?
Four revenue lines are on record. Spreads are the primary driver. The others are commissions, swap/Rollover Fees and deposit/Withdrawal Processing.
Who are IFX Brokers's main competitors?
Direct peers on record are Exness, XM Group, IC Markets, Pepperstone, AvaTrade, FXTM (Forextime), HFM (formerly HotForex), Tickmill and Deriv. IG Group is listed as a broad incumbent.
Does IFX Brokers have an API?
No public API is recorded for IFX Brokers.
What industry is IFX Brokers in?
IFX Brokers's product category is Retail Forex & CFD Brokerage. Its primary akta.pro industry code is FSAEACAK, FX & Spot Metals Brokerage, with a secondary code of FSAFADAD, Retail FX/CFD Broker Trading Venues. Its NAICS code is 5231 and its SIC code is 6200.