Review summary
IQFX Ltd is a broker operating for 2-5 years and registered in Saint Lucia, a region known for its offshore financial services framework. The firm holds no valid authoritative forex trading licenses from major regulatory bodies, placing client funds outside established investor protection schemes common with regulated brokers, which represents a high-risk profile. IQFX offers trading on MetaTrader 4 platforms and provides multiple account types, including Standard and Zero accounts with minimum deposits starting at $50 and $1,000 respectively, along with leverage up to 1:200. The firm's overall operational score is 2.13, reflecting the significant risks associated with its unregulated status. Traders should be aware that engaging with this entity means operating without the financial oversight and dispute resolution mechanisms provided by top-tier regulators. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-19)
FX1571886935
United States
They wished to hack their Alonziro and withdraw all their money, the broker does not have any money now, they could not keep their money, imagine that... S R A L
Exposure
FX4216661083
Yemen
You can easily deposit and withdraw funds from this broker.
Positive
FX1274390854
Iraq
A great and very safe broker I advise everyone a year ago and now I have no problem at all.
Positive
FX1274390854
Iraq
The company is excellent and we haven't had any problems yet.
Positive
FX1274390854
Iraq
A respectful and secure broker with a 100% success rate. I have been using it since the launch and have had many excellent withdrawal transactions. I recommend it to everyone.
Positive
FX1274390854
Iraq
Excellent broker and does not suffer from any problems at all fast withdrawal, deposit and link A BOOK
Positive