Being a liquidity provider means that IamFX is able to offer its clients the same competitive rates that high-end banks normally achieve. Indeed, because they act as a source of funds within the Forex market, IamFX can offer real-time pricing and the same trading functionality that interbank traders experience on a daily basis.
This innovative model was created back in 2009 and today the company has offices in both Canada and Panama. Today IamFX has clients across the world, including individual traders and well-known financial institutions such as Deutsche bank. Because of this reputation and standing within the industry, IamFX is able to guarantee the safety of all client funds by storing them away from the company’s trading assets.
IamFX.com’s Special FX:
Among the scattering of educational literature and videos housed within the confines of IamFX lies two markedly more interesting features: VPS hosting and regular Forex tournaments.
The idea of VPS housing is one that many more Forex brokers are now taking advantage of, namely because it gives high volume traders the ability to trade continuously without having to rely on their own systems.
Indeed, by routing a trader’s account through its VPS system, that trader can enjoy full functionality without the fear of downtime or failures caused by lost internet connections or power outages. This product is usually priced at $65 per month; however, for IamFX.com customers it’s free of charge.
Another area of note at IamFX is their partnership with ForexStars.com. Known as the world’s largest Forex tournament database, members of IamFX can link their demo and real-money accounts to ForexStars.com and take part in a wide range of freerolls and regular tournament with cash prizes up for grabs.
IamFX offers all traders access to MetaTrader 4, one of the industry’s leading Forex platforms. Indeed, alongside the ability to trade on the live market, this software gives users the ability to get real-time news, trade from charts, set various orders and limits as well as apply various Expert Advisors.
From within the MT4 platform traders can access one of two main account options:
Micro Accounts: Minimum deposit = $100, Maximum deposit = $5,000, Minimum lot size = 1,000, Minimum Contract = 0.01 lot, Maximum Contract = 100 lots, Maximum Leverage = 1:400, Commission = 1.2 pip on 48 currency pairs, Permitted account currency = USD, EUR, GBP, AUD, CAD, HKD, JPY, CHF, Stop out Level = 100%, Free VPS hosting.
Standard Accounts: Minimum deposit = $2,500, No maximum deposit, Minimum lot size = 1,000, Minimum Contract = 0.01, No Maximum Contract, Maximum Leverage = 1:200 on 48 Currency Pairs, Commission: 1 pip, Permitted accounts currency = USD, EUR, GBP, AUD, CAD, HKD, JPY, CHF, Stop out Level: 100%, Free VPS Hosting.