Security of Funds

iFX Brokers proudly stands out in the trading industry, distinguished by its coveted authorisation as Over-the-Counter (OTC) Provider. The company's unwavering commitment to maintaining authorisation and complying with the regulatory obligations set forth by the South African Act sets it apart from its competitors. In this context, iFX Brokers can be metaphorically compared to a ship embarking on a journey of success.

To retain its authorisation, iFX Brokers diligently adheres to a strict set of requirements. This includes meeting operational capital requirements, ensuring that sufficient funds are in place in proportion to the risks associated with being a derivative provider. By doing so, the company guarantees the financial stability of both the business and its controlling body. Moreover, iFX Brokers meticulously meets the fit and proper requirements, embodying the values of honesty, integrity, and competency. The company consistently demonstrates its ability to fulfil the responsibilities imposed by the Act, just as a capable ship sail through choppy waters.

Similar to a ship diligently managing risks, iFX Brokers excels in risk management and internal controls. The company maintains comprehensive records, safeguarding both its operations and regulated obligations. Dedicated to compliance, iFX Brokers has implemented effective systems and controls, ensuring the utmost diligence in meeting regulatory requirements. Furthermore, the company upholds a robust business continuity plan, meticulously executed to navigate any unforeseen challenges.

We understand the importance of keeping your funds separate from the company's assets. That's why all the funds you deposit with us are held in segregated bank accounts. These accounts are separate from the company's accounts and can only be used as trading collateral as intended. This provides an additional layer of protection for your capital.

In the volatile world of trading, sudden market movements can sometimes lead to significant losses. However, at iFX Brokers™, we have implemented a negative balance protection policy to safeguard our clients. This ensures that if your account goes into a negative balance due to market movements, you will not lose more money than what you originally deposited.

To further enhance the security of our clients' funds, we hold statutory required Professional Indemnity and Fidelity Insurance. This provides an extra layer of protection and peace of mind for our clients.

Our innovative iFX Wallet serves as your personal risk management tool. It gives you the flexibility to deposit and withdraw funds instantly with just a few clicks. The iFX Wallet works as a central account from which you can transfer funds to all your trading accounts. By keeping funds in your wallet, they are completely protected from any market movements that may occur in your trading accounts.