IMMFX Review 2023 – Pros and Cons

UPDATED ON :

IMMFX is a forex and CFD broker that was founded in 2016. The broker is headquartered in Seychelles and is regulated by the Financial Services Authority (FSA) of Seychelles.

IMMFX offers a wide range of financial instruments for trading, including forex, commodities, indices, and cryptocurrencies. The broker provides access to the popular MetaTrader 4 (MT4) trading platform, which is available as a desktop application, web-based platform, and mobile app.

IMMFX offers three account types: Prime Account Zero Account, Demo Account. The broker also offers demo accounts for traders who want to practice their trading strategies using virtual funds.

IMMFX

Brokers Name

IMMFX

Regulation

LEI, GLOFSA

Established

2014

Headquarters

United Kingdom

Trading Desk

STP

USA Clients

no

24H Support

Yes

Weekend Support

no

Website Language

English, Arabic, Chinese, Hindi, Indonesian, Persian, Russian, Turkish, Vietnamese, Bengali, Filipino, Hebrew, Japanese, Korean, Malay, Thai, Urdu, Czech, Dutch, French, German, Greek, Italian, Polish, Portuguese, Spanish, Ukrainian

Account Details

Accounts

Prime Account, Zero Account, Demo Account

Min. Deposit

$50

Base Currencies

USD

Leverage

1:500

Spreads

0.0 pips

Fixed Spread

Yes

Margin Call / Stop Out

50% / 20%

Trading Platform

MT4

Trading Instruments

Forex, Precious Metals, Energies, Equity Indices, Stocks, Crypto

Pros

  • True STP Broker
  • Simple 3-step account opening process
  • High leverage up to 500:1
  • No rejection and no re-quotes
  • Highly secure segregated client funds
  • Negative balance protection

Cons

  • No MT5 platform support
  • US clients not accepted

Trading Features

Commission

Yes

Mini Accounts

Yes

Standard Accounts

Yes

VIP Accounts

no

Pro Accounts

Yes

Islamic Accounts

Yes

Segregated

no

Managed Accounts

no

Demo Accounts

Yes

Trading Services

Hedging

Yes

News Trading

Yes

Scalping

Yes

Automated Trading

Yes

Trading Signals

no

Educational Service

Yes

Copy Trading

no

Mobile Trading

Yes

Trading Markets

Indices

Yes

Forex

Yes

CFDs

Yes

Commodities

Yes

ETFs

Yes

Stocks

Yes

Bonds

Yes

Crypto

Yes

Funding

Deposit

Bank Wire Transfer, Fasapay, SticPay, Perfect Money, PaySafeCard, Union Pay, Western Union, MoneyGram, and Others

Withdrawal

Bank Wire Transfer, Fasapay, SticPay, Perfect Money, PaySafeCard, Union Pay, Western Union, MoneyGram, and Others

Contacts

Phone

+44 20 3695 0059

Email

support@immfx.com

Address

73 Shelton Street Covent Garden, London, WC2H 9JQ, United Kingdom

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *