iFXOption is a CFD brokerage based in Hungary. It provides а web-based trading platform, not the MetaTrader 4 platform. Clients are extended a leverage of up to 1:200.
Is iFXOption A Legit Broker?
There is a lack of information available on the official website of iFXOption. It is an unregulated and offshore broker that has no license from any financial regulatory entity to run legally. Moreover, iFXOPTION has been banned in Spain by local regulator CNMV for running a big scam. Hence, we do not recommend you to go for trading with it.
Is It Safe To Invest With iFXOption?
A big problem in trading with an unregulated broker like iFXOption is the security of your money. There are numerous negative feedbacks against it which raises a big red flag. Moreover, it is not at all reliable and abuses regulations. Therefore, your money is not safe with iFXOption.
How To Get Back Your Lost Money To iFXOption?
If in case you have been a victim of an iFXOption scam, you can report it to any of our suggested fund’s recovery companies. They will take all the necessary steps to get your money back.