IFX Commerce & Trading Intl.
In December of 2004 CBFX (Commerce Bank FX) merged with IFX Markets Inc. forming IFX Commerce. CBFX was originally founded in 2002; IFX Markets on the other hand established it's presence in the Forex market in 1995.
IFX Commerce plans to launch a new trading platform in February 2005.
Attractive to a wide variety of clients, IFX Commerce remains one of the only FCMs offering FDIC insurance on client funds.
Trading Intl, LLC is excited to see the merger of two industry leaders in the Forex Market. A firm that needed little improvement, IFX Commerce is now that much more of a key player in the market.
IFX Commerce Statistics
Establishment date - 1965, Open Forex in 1995
Number of clients - Undisclosed
Client assets - Undisclosed
Adjusted net capital - 36,000,000 GBP
Number of trades per month - Undisclosed
HQ Location - Boston, MA - USA
Regulated by - CFTC & NFA (ID: 0327627) & FSA (UK)
Security of money - In addition to being Compliant with NFA , funds are FDIC insured
Number of employees - 20
Languages - 9 (English, Spanish, Russian, Chinese, Portuguese, German, Japanese, Korean and Polish)
Minimum investment:
- Standard account - $500 (only offers 10,000 lot sizes)
- Mini account - $500
PIP spread (8 majors)
- EUR\USD - 2
- USD\JPY - 3
- GBP\USD - 3
- USD\CHF - 3
- EUR\CHF - 5
- AUD\USD - 4
- USD\CAD - 4
- EUR\GBP - 5
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