ANSWER Dear Investor,
iFourX is not a reliable broker due to its lack of basic and valid regulatory credentials.
iFourX claims to be a brand name of iFourX Capital Limited, a company registered in Saint Lucia. We did find this company in the Saint Lucia IFC system. However, please be reminded that this is merely an International Business Company (IBC) registration. The Saint Lucia IFC does not regulate forex trading and does not issue any licenses to brokers.
Furthermore, iFourX has not mentioned holding any other valid regulatory licenses, leading us to suspect that it has not applied for any licenses and operates without the supervision of any regulatory authority. Therefore, we strongly advise you to avoid any transactions with this unregulated and unsafe platform.
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