IFX Review byCurrencyComparison.co.uk
3 out of
IFX has been voted 3/5 or 64% out of 309 recommendations. CurrencyComparison.co.uk has researched their Foreign Exchange Business and we advise to read our reviews before doing any Currency Transfers.
Who are IFX?
So who are IFX? IFX is headquartered in Mayfair, London with an office in Dubai, AE. Nicholas Williams and Thomas Greenwood share co-CEO status. A small firm, IFX claims to be one of the world’s leading specialist foreign exchange consultancies, helping both private and corporate clients across the UK, Europe, the Middle East and Australasia.
IFX stands in sharp contrast to accepted foreign exchange practices: it makes no claim to give the best exchange rates, nor does IFX make it clear what rates they offer.
Forward Contracts-With overseas transactions involving payments made in future, and a series of payments made over time, forward contract protest clients from adverse market conditions. Rate can be fixed for 2 years in advance with the options to draws n the funds at any time.
Limit Orders- If client opts to wait for favourable market movements, a Market Order can be placed which nominates their target exchange rate. IFX monitors market movements, executing the trade once the desired rate has been reached.
IFX / International Foreign Exchange
Why should I use IFX?
Without transparency, IFX isn’t a good fit for private, partner or business clients who would have to research the rates IFX offers and compare them to other foreign exchange company rates. This is a time waster. Money is likely to be wasted by simply turning over all control to IFX, but blocking clients who would prefer to partner with their foreign exchange firm. IFX offers nothing its competitors can’t provide except for up to date market rates and information.
If you are looking for a broker where you just tell them what you need and they take care of the rest, International Foreign Exchange is perfect for you. There are no online platforms to mess around with, no paperwork that needs to be completed – just a simple phone call and a few simple steps is all it takes.
International Foreign Exchange
The website’s homepage is dynamic and textural, but pages like the defunct market page are worse than useless. They confuse, rather than empower a client which goes along with the hand holding IFX insists clients need. Perhaps some elderly clients would like this cotton wool care, but far more would be suspicious of IFX’s excessive care.
Registered office address: 50 Berkeley St, Mayfair, London W1J 8HA