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Broker ceased to exist

IamFX


On-line since: 2009
Country of origin: Panama
Regulation: the Financial Services Commission (FSC) of the British Virgin Islands, SIBA/L/11/0964
Payment options: wire transfer, Neteller, Skrill, UnionPay, Wire Transfer, Instabill
Minimum account size: $100
Minimum lot size: 0.01 lot
Leverage: 1:400
Spreads: 0.8 pips

About the company:

IamFX is a brokerage company that provides access to the world’s leading banks, financial institutions and other liquidity suppliers in the Forex market, including the trading platform of the famous Deutsche Bank. IamFX works according to the STP model, namely it offers the possibility to trade in the currency market without the broker’s interference. Therefore, traders have direct access to the real market where they can perform trading transactions without engaging dealers.
IamFX-based trading is performed through the MetaTrader 4 client platform. 42 currency pairs, CFDs and precious metals are available to traders. The advantages of the brokerage company include free VPS hosting, lack of requoting and repricing, full hedging and a wide range of expert advisors.
Below you can find the latest comments on the services provided by IamFX. Learn more about the company’s advantages and disadvantages in order to form your own opinion about the broker’s activities.

The opinion of the review`s author is private and not obligated to reflect the position of the resource. If you have any remarks and suggestions on new articles please contact us via this form.
Author of IamFX: pierce J. | Date 2017-05-22
The result of my trading activities was very satisfactory. The staff allowed me to withdraw my income using the payment processors provided by them. Until it came to point that this company declared insolvency last month. Truly, I never expected it. I feel bad about them. Anyway, before it happens, I have already withdrawn all my funds worth $1502 using Neteller due to delayed payout. That time, I thought they had tightened the payout procedure to protect their clients. Apparently, I was wrong. Pity to those who haven't withdrawn their money before this company shut down.
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Author of IamFX: Felicia | Date 2017-05-08
Trading with this broker provides me a negative experience and, of course, a lot of losing! I experienced a bad execution error while using their MT4 platform. It kept on repeating during trading execution on the platform. I lost $700 within 2 weeks of trading on IamFX platform. This broker is a horrible one!
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Author of IamFX: Leon | Date 2017-04-18
This broker is very bad. They will use their system to play against you and prevent you of making money. Their platform has many requotes during the trading time and placing order. All my trades were always delayed in traffic time, specially when they are profitable. So, there's no way to keep my account with them. I do not recommend I amfx.
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Author of IamFX: hartanto 21 | Date 2017-03-30
That was 2 years ago when I chose to open a Premium account with IamFx. I borrowed money to my sister worth 300 EUR to start trading with them and thanks God I was able to generate more money than I expected. The trading instruments that I opted to trade tilk now are the EUR/JPY, GBP/USD and EUR/USD and set my leverage to 200:1 with a lot size of 5 lots. The reason why I always got an instant execution is because of the VPS hosting. The VPS hosting is free for all the Premium account users.
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Author of IamFX: pipjanghyuk | Date 2017-03-17
It's hard to recommend this broker, but when my friend wanna his acoount here I can't forbid that. They spreads fix ad 0.8 pip and deposit can process in only $100. I trade in this broker for 6 month and now I want to close my account. It's not because they totally bad broker, bad I have problem that they do not fix it. In 2 month my trading always got trouble while use free VPS hosting. I ever not get my profit and my account can't login. One of my withdrawal was delayed until 3 weeks latter. I still thinking what should I do with my IamFX trading account.
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Author of IamFX: Jacobsen | Date 2017-03-07
From my point, IamFX is an honest broker, and you can trade with them in a long term. I traded with this broker 3 years ago, and I have no complaint with them. I was recommended to this broker by my friend when I look for an honest broker to trade. In the beginning, I just made a small deposit – 100$ on my demo account, and I also got good earnings from it. 3 months later, I moved to trade in real account, and my skill also improved so much since then. At the moment, I could trade my own strategies and work from different devices, such as PC or my own mobile because their platform is implemented for several devices. In addition, this broker provided me a customisable solution for my trading style and it has been quite lucrative. I withdraw weekly and I have the profits in my bank account within 24 hrs. Moreover, IamFX has fast order execution, low spreads and excellent coustomer support. I feel happy when I trade with this broker. Indeed, IamFX is a reliable broker, so I highly recommend this broker to traders!!!
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Author of IamFX: Max | Date 2017-03-07
I ´ve been trading with IamFxfor a quite long tiome and I haven´t faced any problems with my trades or my withdrawals, as it happened in other brokers. They are t transparent in all services provided. Additionally, I found a wide range of trading tools in the website and I prefer to use their MT4 platform, also think that e analysis and news are valuable and it helps a lot to get informed.
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Author of IamFX: Robert | Date 2017-02-23
Bad quality services. Platform is not stable and freezes very often. Due to this reason, I decided to withdraw my funds. And it has been a true martyrdom. I requested a withdrawal via wire transfer on 2nd january and did not receive my money yet! They simply do not know where my money is. I've made several complaints and customer support only said they do not know what happened. Awful !! Very incompetent broker. Stay away from them.
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Author of IamFX: Ellen | Date 2017-01-16
Choosing a forex broker like choosing a business partner. It is an important and difficult task. I believe that I made a right choice by picking up IamFX. I've joined with IamFX for 4 years and I never regretted trusting it. I must say that I satisfy with this broker. I made a deposit with $2250 and I traded only USDJPY. I started with MT4 on my computer, and switched to their VPS. Then, I switched back to my own computer because VPS was not always connected. I had a good relationship with IamFX and the only reason I am not with them now is because Democrat politians in the US think they know how I should trade better than I do and forced me to change to a broker who they can 'regulate.' When I closed my account, this broker sent me an email saying that I would get my funds in 1 to 2 weeks but I received them only in 4 days. Thus, I always get the cash on time and without any problems. In addition, the platform at IamFX is well designed and easy to navigate. IamFX has user friendly interface and I only charge fixed low spreads. Thus, trading at IamFX is a good way to earn extra money. I consider IamFX be a good partner and reliable dealer and I think I'll continue working with them.
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Author of IamFX: greenpips | Date 2017-01-04
not a recommended broker for other trader. On demo account it’s really smooth enough like nothing goes wrong. After a few month trying in demo account, I register with real account and it took 5 a weeks to verify my document and the deposit and withdraw process also very slow. The execution of trade was quite hard and sometime unexpected spike also occurred terribly. As for me, trading forex consider one of my side income and it is really important to look seriously into this matter to avoid loss later and hope they will improve soon.
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