IFC

RichN

1-2 years

Is it possible to deposit funds into my IFC account with cryptocurrencies such as Bitcoin or USDT?

WikiFX Reply

Based on my thorough review of the available information about IFC, I want to share my experience-driven perspective on funding options, particularly regarding cryptocurrencies like Bitcoin or USDT. For me, the ability to deposit and withdraw funds securely is crucial when evaluating any broker. From the details provided, IFC currently does not offer cryptocurrency options such as Bitcoin or USDT for deposits. In fact, the broker's listed tradable instruments are limited to financial brokerage, margin financing, and spot trading, with cryptocurrencies explicitly marked as unsupported. This absence of crypto funding methods often signals a more traditional brokerage structure. I always approach unregulated brokers with extra caution, and the lack of crypto deposit functionality is consistent with the generally limited and risk-averse features I’ve found in such firms. Additionally, because IFC operates without oversight from recognized regulatory authorities, I am especially careful about how and where I transfer my funds. For me, using fiat-only channels under these conditions is already risky; the lack of cryptocurrency funding does not improve that scenario. Ultimately, if being able to fund an account with Bitcoin or USDT is essential for your trading strategy or convenience, IFC would not meet this specific need. For my part, I would only consider brokers that are both regulated and transparent about their deposit options, especially when alternative assets like cryptocurrencies are in question.

Broker Issues

IFC

Deposit

Withdrawal

09-09

United States

Ashraf Shahhat

1-2 years

Could you give a comprehensive overview of the fees charged by IFC, covering both commissions and spreads?

WikiFX Reply

Based on my review of IFC, I must be upfront that details about the specific fees, commissions, and spreads charged by this broker are not clearly provided in the available information. This omission itself raises a red flag for me as an experienced trader because fee transparency is a foundational part of evaluating any financial services provider. When a broker lacks regulatory oversight—as is the case with IFC, which is currently unregulated and has a "suspicious regulatory license" warning—it's even more crucial for traders to have clarity on costs to accurately judge the potential impact on their trading. In my experience, reliable brokers will always publish their commission structures, spread averages, and any additional charges, making it easier for traders to compare across the market. With IFC, while the platform does offer standard services such as financial brokerage, margin financing, and spot trading, the absence of direct information about spreads and commissions makes it impossible for me to fully assess cost competitiveness or fairness. Given the high-risk warnings associated with IFC and the lack of regulatory oversight, I personally would exercise extreme caution and seek all fee-related details in writing—ideally verified independently—before considering this broker for live trading. For me, fee clarity is not just a preference; it's an essential layer of trust and protection.

Broker Issues

IFC

Fees and Spreads

09-03

United States

x1250

1-2 years

Is it possible to trade particular assets such as Gold (XAU/USD) and Crude Oil through IFC?

WikiFX Reply

Based on my experience evaluating brokers, I always prioritize transparency about tradable assets and regulatory status before depositing any funds. When I reviewed IFC, I noticed that their platform emphasizes general financial brokerage, cash trading, margin financing, and spot trading. However, there is a notable lack of detail regarding the specific instruments available—particularly Gold (such as XAU/USD) and Crude Oil contracts or CFDs. I was unable to find clear indicators or instrument lists confirming these commodities are offered, which is a concern for me given how most reputable brokers prominently list their tradable assets. Additionally, the unregulated status of IFC raises significant red flags. For me, trading commodities like Gold or Oil through an unregulated broker substantially increases risk, since in case of disputes or operational issues, there is little recourse. A demo account is available, which could allow potential clients to explore the platform’s asset offerings, but in my view, demo access does not substitute clear, upfront product disclosure or regulatory protection. Given the current lack of explicit information regarding Gold and Crude Oil among their tradable instruments, and considering the overall transparency and regulatory concerns, I would exercise considerable caution. For my own trading, I prefer platforms where asset availability and compliance are clearly documented, especially for key commodities. If trading Gold or Oil is your priority, I advise ensuring the broker provides unambiguous access to those markets and holds proper authorization before proceeding.

Broker Issues

IFC

Account

Leverage

Instruments

Platform

08-13

United States

Chris hagerman

1-2 years

Does IFC impose any fees when you deposit or withdraw funds?

WikiFX Reply

Based on my thorough review of IFC, I was unable to find explicit details regarding deposit or withdrawal fees associated with their services. This lack of transparent fee information is particularly concerning for me as an experienced trader, since being able to accurately anticipate trading costs is essential for effective account management and risk control. Over the years, I've learned that established and trustworthy brokers disclose their fee structures clearly, allowing traders to make informed decisions. The absence of regulatory oversight and a suspicious regulatory license further heighten the need for caution with IFC, especially when it comes to the possibility of hidden charges or unfavorable withdrawal policies. In my experience, unclear disclosures on such critical points can expose traders to unexpected expenses. If I were seriously considering IFC, I would pursue direct contact via their listed phone or email support to get precise answers about deposit and withdrawal charges before making any financial commitments. My conservative approach compels me to recommend that others look for brokers with clear, accessible fee information and valid regulatory oversight, as this helps protect both funds and peace of mind.

Broker Issues

IFC

Withdrawal

Deposit

08-09

United States