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Overview

Company IamFX has been operating in the field of brokerage services for years, and during its existence it has succeeded in gaining wide popularity in many countries around the world.

The Head Office of the company is located in Panama City, Republic of Panama. Two official international representative offices are situated in Watford (United Kingdom) and Edmonton (Canada).

Official site of the brokerage company is available in several languages: Slovenian, Czech, Italian, English, Chinese, Russian, Japanese and Spanish.

Clients of the broker have the opportunity to open one of several accounts, and trade on the foreign exchange and other markets through the platform MT 4, where VPS is free.

Those who wish to take part in numerous Forex tournaments have the opportunity to register both for free and for money, and compete for attractive prizes, which are paid in the form of Forex bonuses.

Bonuses

Company IamFX in collaboration with ForexStars offers its customers unique Forex tournaments, where they can win cash, becoming prize-winners.

Traders can take part in the following tournaments:

- freerolls (free tournaments)

- SnG tournaments (limited number of participants)

- regular tournaments with unlimited number of participants.

Daily freerolls:

1. Lucky American Freeroll

- free registration

- prize pool is $30

- duration of the tournament is 1 hour

- trading period is 1 year

- distribution of the prize poll: the 1st place - 50%, the 2nd place - 30%, the 3rd place - 20%.

2. Lucky Asian Freeroll

- conditions are similar to the above-mentioned freeroll.

3. Lucky European Freeroll

- conditions are similar to the above-mentioned freerolls.

SnG tournaments:

- Sit&GO Battle - registration fee is $55, 1 prize-winner

- Sit&GO - registration fee is $1.10, 3 prize-winners (50%, 30%, and 20%)

- Sit&GO - registration fee is $5.00, 3 prize-winners (50%, 30% and 20%)

- Sit&GO - registration fee is $11.00, 3 prize-winners (50%, 30%, and 20%).

Regular tournaments:

- Daily Fiver - registration fee is $5.50, 3 prize-winners (50%, 30%, and 20%)

- Daily Buck - registration fee is $1.10, 3 prize-winners (50%, 30%, and 20%)

- Big 50 - registration fee is $50.00, 3 prize-winners (50%, 30%, and 20%)

- Weekly Tenner - registration fee is $11.00, 3 prize-winners (50%, 30%, and 20%).

Winners of all tournaments are traders who will have the greatest sums on their contest accounts at the end of the tournaments. Prize money can be immediately withdrawn from the account, or transfer to their own trading accounts for the further trading on the financial markets.

New Forex tournaments with different registration fees and more sophisticated conditions will be added in the near future in order to make them more excited and competitive.

Training

Company IamFX Co offers beginners to study learning materials about the global financial markets before moving on to real trading.

Learning materials about trading on the global financial markets.

1. Video tutorials about the trading platform MT 4:

- overview of the trading platform

- how to install MT 4 correctly

- what functions are provided in MT 4

- how to install MT 4 for trading on the financial markets

- how to use historical transactions on the platform.

2. Materials for studying trading on the currency market:

- what is the highly liquid Forex market

- what are currency pairs, and how to use them

- what are spreads, what are their functions, and how to use them

- how to conduct trading transactions through the Internet

- margin, what is it, and how to use it

- how to place pending orders and cancel them, if necessary

3. Materials for studying CFD trading:

- what is CFD

- which CFD are available for trading

- which spreads and trading minimum are used in CFD trading

- examples of contract conclusions

- expiry of contract

- online CFD trading.

4. Materials foe studying gold and silver trading:

- where precious metals are traded

- common notation for trading precious metals

- spread in gold and silver trading

- how to calculate gains and possible losses in gold and silver trading

- what are deferred transactions

- order types.

Novice traders can practice online trading using a demo account. Demo accounts allow customers to trade with the help of various financial tools using real quotes, but with virtual money. Besides, the demo account will be indispensable for testing trading strategies and expert advisors, both customers own and already popular among many traders, but requiring a competent setup.

Terms of trading

IamFX offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- the minimum deposit is $100

- the leverage is from 1:100 to 1:400

- a lot of currency pairs, gold, silver, CFD, futures, commodities

- spread is floating from 2 points

- commission fee depends on the type of trading account

- market swap

- Islamic accounts are not available.

MetaTrader 4

- multi-language support

- order execution - Instant Execution

- huge database of embedded Forex indicators

- addition of new technical indicators

- elaboration and installation of new Forex expert advisors MetaQuotes Language 4

- export and import of quotes using DDE

- chart printing.

Company IamFX provides its traders with three types of accounts for work on the global financial markets:

- Micro

- Standard

- Institutional.

Trading account Micro:

- the minimum deposit is $100

- the maximum deposit is $5,000

- financial tools - currency pairs

- the leverage is 1:400

- the minimum transaction size is 0.01

- the maximum transaction size is 100

- stop out is 100%

- commission fee is 1.2 points of the spread.

Trading account Standard:

- the minimum deposit is $2,500

- the maximum deposit is unlimited

- financial tools - currency pairs, silver, gold, CFD

- the leverage is 1:200

- the minimum transaction size is 0.01

- the maximum transaction size is unlimited

- stop out is 100%

- commission fee is 1 point of the spread.

Trading account Institutional:

- the minimum deposit is $50,000

- the maximum deposit is unlimited

- financial tools - currency pairs, silver, gold, CFD

- the leverage is 1:100

- the minimum transaction size is 0.10

- the maximum transaction size is unlimited

- stop out is 100%

- commission fee is 0.6 points of the spread.

Forex indicators (recommended)

- Anchored Momentum

- Flat trend

- Big Bars FromH

- Silver trend Signal

- Day Implus.

Forex expert advisors (recommended)

- Megadroid (an automated Forex expert advisor that has various settings at its disposal, giving an opportunity to use it on any currency pair in trading on the market, but the best results it shows on trend pairs, especially EUR/USD)

- Gepard 5.0 (an automated Forex expert advisor, developed especially for trading in short time frames on the foreign exchange market, but it is necessary to make required settings in order to get good profits from it)

- Forex EA Better (an automated Forex expert advisor that uses numerous tools for operations, and in addition is capable of learning transaction history, increasing its trading skills based on its analysis).

Investments

IamFX offers several options for investors, who are willing to transfer their funds in trust management.

Options of investment in the financial markets:

- Ultimate MAM Solution

- IamFX Trade Copier Solution

- Myfxbook Autotrade.

If a client chooses Ultimate MAM Solution, he gives his own account at the disposal of the trader, who will bring him the greatest profit. A contract, which specifies the conditions for investment, is concluded before transferring the account in management. Investors can always see how their accounts are managed, and may withdraw their funds at any time.

IamFX Trade Copier Solution is a specialized service that allows copying transactions of professional traders. It will be necessary to pay a certain sum of money, usually a percentage from an income, for copying transactions of traders.

Myfxbook Autotrade is the investment option that is similar to the previous one, since it is based on mirror trading, i.e. copying transactions of profitable traders or trading signals of providers.

Unique features

Company IamFX gives customers a unique opportunity to take advantage of online Forex calculators that will be useful for both novice and advanced traders in trading on the Forex market and other financial markets.

Forex calculators:

- Pips Calculator

- Margin Calculator.

Traders of the broker can use another unique service, namely free VPS (Virtual Private Server), allowing them to trade on the global markets without interruptions and connection breaks.

Besides, IamFX offers its traders to become members of its affiliate program, and attract new customers to the company. All attracted customers will bring profits to the trader, who has invited them. Profits will consist of commission fees that the broker accrues monthly to partners depending on trading volume of customers, attracted by them.

Add/withdraw funds

IamFX offers customers the following methods for depositing and withdrawal of money from personal accounts: Skrill, UnionPay, MasterCard, Visa and bank transfers.

Contacts

IamFX provides its traders with the comprehensive support starting from registration and finishing with trading on the financial markets via online chat, email [email protected] and by international phone + 507-8366016 and + 44-20-3432-5960.

Cons and pros

+ the world renowned broker

+ the minimum deposit is $100

+ small spread

+ good leverage

+ many contests

+ basic Internet trading training

- no Forex bonuses

- no profound education

- few ways to deposit trading accounts.

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