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IX Securities, Under The Trade Name IX CAPITAL GROUP LIMITED, Is Purportedly A Suspicious Regulated Forex Broker Registered In The Bahamas That Claims To Offer Its Clients Forex Trading With Up To 1:500 Leverage And 0 Pips Of Variable Spread On The World's Most Popular Metatrader4 Trading Platform, As Well As Two Account Types With Different Options.
Market Instruments
IX Securities Is A Forex Broker That Primarily Offers Forex Trading On Forex Currency Pairs.
Account Types
There Are Two Real Trading Accounts IX Securities, In Addition To Demo Accounts, Namely Ecn And Stp Accounts. However, The Minimum Initial Deposit Amount For Opening An Account Is Not Specified.
Leverage
Offers A Leverage Ratio Of Up To 1:500 IX Securities, Which Is Much Higher Than What Most Brokers Offer. As Leverage Amplifies Gains And Losses, Inexperienced Traders Are Advised Not To Use Excessive Leverage.
Spreads & Commissions
IX Securities Claims That Different Account Types Can Experience Different Spreads. ECN Accounts Can Enjoy Raw Spreads As Low As 0 Pips, While STP Accounts Can Enjoy Spreads Starting From 1.2 Pips. As For Commissions, The Brokerage Claims To Offer Ultra-low Commissions, But The Exact Amount Is Unknown.
Trading Platforms Available
Platforms Available For Trading IX Securities Is The Most Advanced Metatrader4 Trading Platform. Anyway, We Recommend You To Use Mt4 Or Mt5 As Your Trading Platform. Forex Traders Praise Metatrader For Its Stability And Credibility As The Most Popular Forex Trading Platform. Expert Advisors, Algorithmic Trading, Complex Indicators And Strategy Testers Are Some Of The Complex Trading Tools Available On This Platform. There Are Currently More Than 10,000 Trading Applications Available On The Metatrader Market For Traders To Use To Improve Performance. By Using The Right Mobile End Points, Including Ios And Android Devices, You Can Trade Via Mt4 And Mt5 Anytime, Anywhere.
Deposit And Withdrawal
IX Securities Says It Accepts Deposits And Withdrawals Via Visa And Mastercard, As Well As Bank Transfers And Some E-wallets Such As Neteller, Skrill And Unionpay. The Broker Also Charges Some Withdrawal Processing Fees. Withdrawals Using Skrill And Neteller Will Be Charged A $15 Processing Fee. UnionPay Withdrawals Under $50 Will Be Charged A $15 Processing Fee, And Withdrawals Over $50 Will Be Free. The Broker Will Charge 15 Dollars For Bank Transfer Withdrawals, And The Bank Fee Is Subject To Each Bank. Regarding The Processing Time Of Withdrawal Requests, Withdrawals Via Skrill And Neteller Take 1-7 Business Days, UnionPay Takes 1-5 Business Days, And Bank Transfer Withdrawals Take 3-5 Business Days.
Customer Support
IX Securities Can Contact Customer Support Via Email: Support@ixsecurities.com. Company Address: 109 Church Street, Sandyport, Po Box Sp 62756, Marina Village, Nassau, The Bahamas. However, The Broker Will Not Disclose Other More Direct Contact Information, Such As The Phone Number Provided By Most Brokers.
