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IMMFX is a trading name of IMM GROUP Ltd. It is regulated by the Financial Service Authority (FSA), registered as an International Business Company (IBC).
The broker was founded by a group of experienced traders. Today, IMMFX works with both retail and corporate clients. The clients` funds are held in a segregated bank account to ensure the highest safety level. The broker was recognized as the best ECN/STP Forex provider in Saint Vincent and the Grenadines.
Trading conditions
The company offers its clients to trade CFDs on Forex, commodities, precious metals, energy, indices, and stocks. The broker gives a choice of several trading accounts in order to meet the specific requirements of the most fastidious clients. The Pro account is designed for experienced retail traders. The limit on one transaction size is 20 lots. The minimum trade size is 0.01 lot. The main feature of the Pro Plus account is flexibility in determining the trade size. The limit on one trade size is 50 lots. The minimum trade size is also 0.01 lot. The initial deposit for both accounts is $100. There is an opportunity to try your hand on a demo account.
IMMFX accounts are denominated in US dollars. Any non-USD margin or commission will be converted to USD. At the client`s request, bonuses of 20% of your first deposit will be credited to the account. Please note that bonuses are not available to all countries and the company may refuse to grant them to any client.
Trading platforms
IMMFX clients can take advantage of the most powerful innovative MetaTrader 4 platform, which allows them to implement strategies of any complexity. MMFX gives access to the popular MetaTrader 4 trading platform for several types of mobile devices, including Android, iPhone / iPad / iPod Touch, or for a smartphone with the Windows Mobile operating system.
Support service
You can contact the IMMFX support service by email, a feedback form, Skype, and live chat. The company also has social media profiles: Facebook, Twitter, and YouTube. The broker encourages its clients to follow it on social media.
Deposit and withdrawal of funds
You can top up your trading account or make a withdrawal by using credit cards and wire transfer, as well as through the popular payment systems FasaPay, i-Account, MoneyGram, OKpay, PayCo, Payza, Perfect Money, UnionPay, and Western Union. The company`s Finance Department is open daily from 06:00 to 20:00 GMT.
Feedback
On the Internet, we have found mixed reviews on cooperation with IMMFX. There are positive comments from traders. They praise flexible trading conditions, favorable spreads, and fast withdrawal process. However, there are some negative reviews where clients called IMMFX a scam broker.
Advantages and disadvantages
Pros:
- regulated broker
- large array of trading accounts
- affordable initial deposit
Cons:
- offshore broker
- technical support`s delays
- negative reviews
Conclusion
IMMFX is a registered broker to conduct online trading. The company provides access to a wide range of financial instruments, an advanced trading platform, and protection from a negative balance. Unfortunately, there are negative comments from traders who lost their funds while working with IMMFX. It is up to you to decide whether you want to trade with the broker or not. We remind you once again: before opening a trading account with a particular broker, you should study the information about the company`s work and only then decide whether it is worth a try.
