From: Mr Forex Date of Post: 2006-06-24 |
| If you ask me 500 dollars to open a account is a bit much for the person that is just learning...... and way to little to the Pro standard account. |
From: Eric Date of Post: 2006-08-08 |
| I want try IFX-is it good broker? |
From: Penelope Date of Post: 2007-10-18 |
| Very good, but there is one bad thing - I don't have enough funds to start with them. 50 K that's too much for me.
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From: James Wolfe Date of Post: 2008-07-03 |
| I opened one of their so called "managed accounts", the purpose of which is to deceive you into believing that their interests coincide with theirs. Since they have large pip spreads, they are able to set them so that they make money, or don't lose, while you do. They actually take both positions on a currency, so that they are betting against you as often as not. Since you are paying the trade fees (which are very high), the net result is that you are funding their money making. I lost nearly all my money in only eight days. $3000 went just for transaction fees. I was given a phony email address so I couldn't even stop payment once I realized what they were doing. When I called IFX, they said they didn't recognize the name of the guy doing the trading! Interestingly, all my contracts have their name on it. THis is the worst scam you can get involved in. THere is actually 0% chance of you making any money. Your entire investment will be wiped out, guaranteed. If you don't believe me, contact me a wolfeairwole@aol.com for more details. I hate these people. |