The brokerage IX Securities is regulated by the Securities Commission of the Bahamas, we learn this fact through the website. Here we remind readers that the financial regulator of the Bahamas – the SCB – cannot compare with prestigious regulatory agencies in Europe, most importantly because it does not provide participation in a financial mechanism by which client’s losses may be recovered in case of bankruptcy or fraud. There is also no assurance for the segregation of accounts which exposes the clients to the possibility of commingling – combining the broker’s finances with that of the client.
Minimal deposit: 100 USD
Spread from: 1,2
+ easy to use platforms
+ Swift trade executions made possible by good technological solutions
+ mobile trading is supported
– limited payment options
– no trader academy and no tangible trader tools