Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
Pushpender Sharma
Within 1 year

Could you clarify what the total trading costs are for trading indices such as the US100 on IFC?

Broker Issues
IFC
Fees and Spreads
01-17
United States
WikiFX
Reply

From my experience evaluating brokers, it’s crucial to be fully aware of all trading costs, especially when considering indices like the US100. In the case of IFC, what stands out immediately for me is the notable lack of regulatory oversight. There is no information from recognized regulatory bodies about their fee structures or cost transparency. That means, as a trader, I can’t independently verify spreads, commission rates, or any additional charges such as overnight swaps or withdrawal fees specific to index CFDs like the US100. IFC does mention offering financial brokerage and margin financing, and their platform supports spot trading; however, the absence of published cost details for trading indices raises concern for me. In my personal trading practice, I never proceed with a broker unless every component of trading cost—spread, commission, potential slippage, and rollover—is explicitly stated and can be confirmed through authoritative channels. With IFC, the unregulated status combined with a suspicious regulatory license warning presents a significant barrier to trusting any cost estimate they might provide. I strongly advise prospective traders to approach this broker with great caution. For me, clear, independently verified trading costs are non-negotiable, especially for high-volume indices trading. In this environment, I could not confidently calculate or recommend trusting their fee structure for US100 or any other index.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com