Margin
IFX Markets enables foreign currency trading to be conducted on a highly leveraged 100:1 basis. Clients can elect a more conservative leverage level by sending an email to info@21cnfx.com , or contact our customer service team at 86 411 88819058. Pending upon approval, margin level adjustments can typically be completed within 1 business day. Lot size is equal to 10,000 units of base currency
IFX Markets constantly monitor the leverage levels of all accounts. IFX Markets makes no guarantees that we will contact clients whose accounts are near the minimum equity requirement for their open positions. Clients are fully responsible for monitoring the activity in their accounts. Based on new deposits, trading gain or loss, your margin will be adjusted accordingly.
In the event that an account exceeds its maximum allowable leverage, IFX Markets retains the right to liquidate all or a portion of the Open positions in the account.
Fees
Transaction Fee per side is - $0.625
per 10,000 of the base currency
Domestic Wire Transfer - $20
Returned Checks -$20
International Wire Transfer denominated in USD - $20
International Wire Transfer in currency other than USD
- $20
To withdraw funds or close an account at any time, fill out and sign the Withdrawal Form . In order to withdraw the funds you have to close all of your open positions. Requests to withdraw the funds will be processed in two business days.
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