iFX Brokers Holdings (Pty) Ltd
Primary
ZA
2017/027249/07
← Broker directory
1 entity
2 accounts
unverified
unverified
Broker profile
IF
IFX Brokers Review: Is It Legit and Regulated?
iFX Brokers Holdings (Pty) Ltd
ZA
Operating period unverified
FindMyFX score
high risk5.5/10
0
Score out of 10
10
Independent assessment
Updated 2026-07-20
Contact & regulation
- Official website
- ifxbrokers.com
- Address
- 32 Blaaukrans Street, Fountains Business Estate, Jeffrey's Bay, 6330, South Africa
- Contact
- +27 87 944 7273
- Primary license
- FSCA · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is IFX Brokers legit and regulated?
FindMyFX has license records for IFX Brokers, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
IFX Brokers is a South African forex and CFD brand operated by iFX Brokers Holdings (Pty) Ltd.
Professional broker overview
FindMyFX editorial summary
IFX Brokers is the trading name of iFX Brokers Holdings (Pty) Ltd, which discloses South African company number 2017/027249/07 and FSCA FSP 48021. The official account page lists several MT4 and MT5 accounts, with minimum deposits from USD 10 and account-specific leverage up to 1:1000 on the Cent account. The FSCA imposed a R50,000 administrative penalty in 2022 and issued a separate 2025 warning about people impersonating the company and its chief executive; those events should be read as distinct regulatory records.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: The FSCA penalty is a historical enforcement event concerning the licensed company, while the 2025 notice concerns third-party impersonation. Neither event is treated here as proof of current operational status beyond the facts stated by the regulator.
- Operational status
- active
- Broker type
- market_maker
- Execution model
- The client agreement and contact disclosure state that the company may act as counterparty and deal on its own account; account pages state market execution.
- Support hours
- Monday-Thursday 07:30-16:30 GMT; Friday 07:30-16:00 GMT
100%coverage
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
Trading access
Account types
Available account structures and their current verification state.
Islamic
unverified- Deposit
- USD 10.00
- Leverage
- 1:500
No commission and no hidden costs
- Spread
- From 1.30 pips
- Base currencies
- ZAR, USD, GBP, EUR
- Margin call / stop-out
- 50.00% / 30.00%
- Demo / Islamic
- Yes / Yes
- Balance protection
- Unknown
- Last verified
- Not verified
Standard
unverified- Deposit
- USD 10.00
- Leverage
- 1:500
No commission and no hidden costs
- Spread
- From 1.30 pips
- Base currencies
- ZAR, USD, GBP, EUR
- Margin call / stop-out
- 50.00% / 30.00%
- Demo / Islamic
- Yes / No
- Balance protection
- Unknown
- Last verified
- Not verified
Markets and instruments
CFDs
unverified
Forex
unverified
Additional broker contacts
Support
Research sources
IFX Brokers Client Identification Policy
iFX Brokers Holdings (Pty) Ltd
unverified
FSCA Fines IFX Brokers Holdings (Pty) Ltd R50,000
Financial Sector Conduct Authority
unverified
FSCA Warning on Impersonation of IFX Brokers Holdings and its CEO
Financial Sector Conduct Authority
unverified
IFX Brokers Accounts
iFX Brokers Holdings (Pty) Ltd
unverified
Licenses and regulators
FSCA
48021
Last verified: Not shown
Type: Financial Services Provider and OTC Derivatives Provider
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Risk flags
FSCA administrative penalty in 2022
medium · draftThe FSCA announced a R50,000 administrative penalty against iFX Brokers Holdings (Pty) Ltd for contraventions of financial-sector laws.
FSCA warning about impersonators
medium · draftThe FSCA warned that third parties were impersonating iFX Brokers Holdings (Pty) Ltd and its chief executive; the notice concerned impersonation rather than a finding that the broker itself was the impersonator.
Jurisdiction-specific offerings
ZA · retail
unverifiedEntity not linked · Leverage 1:1000
Compensation scheme not shown
Score components
Regulation and licenses
7.5/10 · 35%The FSCA identifies the licensed entity and FSP in authoritative releases, and the broker discloses matching details.
Security and track record
2.5/10 · 20%A historical regulatory penalty is documented, and a later impersonation warning is also recorded; these reduce the initial track-record score.
Trading conditions
7.5/10 · 15%The official account comparison provides detailed account-specific costs, leverage and risk thresholds.
Company transparency
7.5/10 · 10%The company number, FSP, address, execution role, contacts and restrictions are publicly disclosed.
Service quality
5.0/10 · 10%Support channels and hours are published, but no verified service-quality dataset was used.
Verified user reviews
0.0/10 · 10%No inspectable source with broker-specific verified-user-review counts was used for this import.
Profile update history
Broker profile was published.
2026-07-19
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.