Regulatory agency warnings: There is
IMMFX is the trading name of IMM GROUP LTD, the parent company of IMM Group GmbH established in 2014, headquartered in Saint Vincent and the Grenadines and registered as an international business with reference number 22074 (IMM GROUP LTD).
However, we must remind readers that the forex market in Saint Vincent and the Grenadines is not regulated, and we can conclude from this that IMMFX is an unauthorized company and there are no guarantees or protections for its clients.
Another big problem with IMMFX is the official CNVM warning (Warning It was posted as soon as it was released by us here) which states that the broker was targeting traders without proper authorization and engaging in fraud. In other words - we believe that any potential client will be exposed to significant risks.
IMMFX Trading Program
IMMFX uses a hybrid operating system between Market Maker and ECN STP, IMMFX also offers trading via MetaTrader 4 platform, IMMFX has one trading account type beside demo it calls Prime Account, minimum above the industry average of $100.
|Available financial instruments and instruments||Currencies + Energy Commodities + Precious Metals + Indices + Stocks + Cryptocurrencies|
|spread*||Starting from 0.2 points *|
|Leverage||Flexible levers up to 1:200**|
|Minimum Lot||0.01 lot on most instruments|
|Overnight interest or fees||without|
|commission||$8 per lot on currencies and metals $12 on stock indices, energy commodities and some sukuk
0,008 on US and European stocks and cryptocurrencies
|Execution type||Market Execution Execution on market price|
|Trading platform||MT4 -PC/Mobile|
IMMFX unexpectedly displays real account data on its website to keep track of trading conditions for yourself.
|Account Type||Prime account|
Deposit and Withdrawal at IMMFX
IMMFX uses a wide range of unusual deposit and withdrawal methods that do not require authorized companies and are difficult to track, such as AdvCash, Epay, Payeer, Khadrati, Western Union, Perfect Money and cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Gold, Litecoin, Bitcoin Cash.
Is IMMFX a scam?
It cannot be said that IMMFX has a good reputation. There are hundreds of negative customer reviews on the Internet about it, in addition to being an unlicensed broker and warnings from regulatory bodies, we cannot rule out the danger of contracting with IMMFX, and we advise our followers to stay away from this type of company, IMMFX is currently targeting some Arab countries that licensed companies cannot work in, even if they are your only choice, we cannot advise working with them.
Important Alert: Forex in Arabic is an independent brand and we have no connection with other entities similar in name. All our articles are subject to intellectual property rights and copied on websites without written permission or mentioning the source link is a breach of the DMC policy and exposes you to notification and removal from search engines.