IFX Banc is a forex and CFD broker that presents itself as a renowned financial services provider offering wide range of financial products. The broker offers trading in many forex pairs, along with various CFDs on commodities, indices, precious metals, stocks, and some of the very popular cryptocurrencies. A leverage of 1:400 is provided by the broker; however, it hasn’t mentioned any reference to spreads and trading costs, which leaves a bad impression on the traders. Presenting a good product portfolio is not enough, having good trading conditions is what matters.
IFX Banc is a brokerage firm owned and operated by Ankor Group Investment Ltd., a company which is registered in Burgas, Bulgaria. Moreover, forex brokers that are located and registered in Bulgaria has to hold a license by the local Financial Supervision Commission (FSC) or any similar financial authority of the EU Member State. Unfortunately, this is not the case with IFX Banc which is an unregulated broker. On top of all, Italian financial regulator CONSOB has blacklisted IFX Banc as a potential scammer. CONSOB has also ordered the internet providers to block the access from Italy to the website of IFXbanc, as they offer financial services in the country without a license.
If you have traded with IFX Banc and believe you have been scammed by them you have a chance to get your money back. Many unregulated brokers have been found to scam traders. At Broker complaint registry it’s our job to provide you detailed IFX Banc review and make sure you can fight back and get your money refunded. By filling the form you have taken the first step to recover your money.
Is IFX Banc a scam or legit broker?
IFX Banc has been suspected as a scam broker. We don’t recommend to trade with them and if you are trading with IFX Banc contact them immediately and try to get your fund out. If the IFX Banc has done the following, you have probably a victim of IFX Banc scam broker.
Reason to suspect a scam broker is in action:
The broker froze your account
The broker blocked your account
You cannot login back into your account
Money has been taken out from the account
The broker doesn’t take your calls
The broker shut down his website
You noticed the broker took money out from your bank account with out your permission
The broker is offering you a bonus
The broker is offering you to fund more money into the account after you lost a large sum
Don’t give up. You can fight back and get your money refunded. Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.