IDFPOWER Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-21 16:53

Abstract：　　IDFPOWER is a newly established forex broker registered in the United Kingdom, offering trades access to a series of more than 120 trading instruments, such as foreign exchange, precious metals, energy, index, and stocks. Traders can use the maximum trading leverage up to 1:400, and this broker says it offers 24/7 customer support.

IDFPOWERReview Summary
Founded	2-5 years
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Foreign Exchange, Precious Metals, Energy, Index, and Stocks
Demo Account	✅
Leverage	Up to 1:400
Spread	From 0 pips
Trading Platform	MT5
Min Deposit	/
Customer Support	Email: support@idfpower.com

IDFPOWER Information

　　IDFPOWER is a newly established forex broker registered in the United Kingdom, offering trades access to a series of more than 120 trading instruments, such as foreign exchange, precious metals, energy, index, and stocks. Traders can use the maximum trading leverage up to 1:400, and this broker says it offers 24/7 customer support.

Pros and Cons

Pros	Cons
Leverage up to 1:400	Unregulated
Spreads from 0 pips	Inaccessible office website
Demo account available	Negative Comments
24/7 customer support
Various tradable instruments

Is IDFPOWER Legit?

　　IDFPOWER is not regulated, which makes it less safe than regulated brokers.

What Can I Trade on IDFPOWER?

　　Traders can choose different investment directions because the broker provides traders with access to forex, stocks, energy, index, and precious metals.

Tradable Instruments	Supported
Forex	✔
Precious Metals	✔
Stocks	✔
Index	✔
Energy	✔
Cryptocurrencies	❌
Commodities	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　IDFPOWER provides a MAM account. Traders with rich experience are more suitable for using MAM.

IDFPOWER Fees

　　The spread is from 0 pips. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:400 meaning that profits and losses are magnified as well as gains.

Trading Platform

　　IDFPOWER has an authoritative MT5 trading platform. Traders with rich experience are more suitable for using MT5.

Trading Platform	Supported
MT5	✔

Customer Support Options

　　IDFPOWER provides 24/7 customer support.

　　Traders can communicate via Email. However, specific customer support schedules are unclear.

Contact Options	Details
Email	support@idfpower.com
Supported Language	English/Chinese/Japanese
Website Language	English/Chinese/Japanese
Physical Address	Unit G1, Capital House 61 Amhurst Road, London, E8 1LL, United Kingdom.