interfxmarket is a Contract for Difference (CFD) brokerage site, with its domain registered on November 12, 2023. This broker primarily offers investment services in trading markets such as forex, stocks, options, cryptocurrencies, and copy trading for retail and institutional clients. It does not provide services to countries and regions where doing so would violate local laws or regulations.
Company Registration Information and Regulatory Status
According to publicly available information on the interfxmarket (interfxmarket.com) website, the broker trades under the name “APP.Bullson Investment” and is supposedly regulated by the Financial Services Authority (FSA) in San Diego, California, with a Securities Dealer License Number SD018. However, on the “Why interfxmarket” page, the trading name is listed as “Wealth For Homes Best Trading.”
In fact, there is no such authority called the “Financial Services Authority (FSA)” in San Diego, California. The broker is using information from the Financial Services Authority (FSA) of Seychelles. The company licensed under the number SD018 with the Seychelles FSA is Raw Trading Ltd, which is the registered entity of the well-known broker IC Markets. interfxmarket has been found to be misusing the regulatory information of IC Markets.
Therefore, interfxmarket (interfxmarket.com) is essentially a fraudulent broker site with no legal entity or regulation.
Account Opening Process
To open a trading account with interfxmarket, visit the broker’s website, click “Open an Account” or “Sign up” at the top right corner of the web page, and fill in the required personal details such as name, phone number, email address, and set a login password. Submit the information and verify your account to complete the registration.
Trading Account Information
The official website of interfxmarket does not disclose details about the types of trading accounts it offers, spreads, trading leverage, margin call/stop-out levels, trading commissions, minimum/maximum trade sizes, maximum open positions/orders, or the minimum price increment.
Trading Platform
interfxmarket claims to offer the MT4/MT5 trading platforms; however, the download links provided on their site do not work, and the broker cannot be found on the MT4 or MT5 platforms.
Deposits and Withdrawals
interfxmarket allows users to deposit and withdraw funds via Skrill, PayPal, Mastercard, VISA, NETELLER, and UnionPay.
Conclusion:
Traderknows reminds investors that interfxmarket is a fraudulent broker website that has stolen regulatory information from IC Markets. In reality, it has no corporate entity or regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Suspected Fraud" on Traderknows.
