IFX Markets and FX Solutions are committed to maintaining the highest regulatory standards and integrity, and leading the Foreign Exchange brokerage marketplace by example.
There is no central market and no global regulatory agency responsible for monitoring the activity of the currency markets. Regulation is left to each country, in the United States the Federal Reserve Bank monitors the banking system and the Commodity Futures Trading Commission (CFTC) has jurisdiction over all Futures and Forex activity. When trading in the foreign exchange markets, individuals should only trade with a CFTC registered entity, such as FX Solutions. FX Solutions is registered with the CFTC as a Futures Commission Merchant (FCM) and is a member of the National Futures Association (NFAID:0312620). FX Solutions is accountable to the stringent standards of capital adequacy and financial reporting enforced by the National Futures Association.
IFX Markets is a trading name of City Index¡£FX Solutions is registered with the CFTC as a Futures Commission Merchant (FCM) and is a member of the NFA (NFAID:0312620). FX Solutions Australia is a registered business name of City Index Australia Pty Ltd. and is authorized and regulated by the ASIC. AFS License No. 345646. FX Solutions UK, a trading name of City Index Limited. FSA Register Number: 113942. Both IFX Markets and FX Solutions are owned by City Index.¡£
Anti-Money Laundering Policy
As a CFTC registered FCM, FX Solutions has the authority to hold customer funds. That authority leaves FX Solutions with accompanying responsibilities, including proper anti-money laundering procedures. FX Solutions has developed anti-money laundering policies to ensure that company personnel comply with applicable laws and regulations when engaging in foreign exchange FCM services to clients.
FX Solutions is subject to the International Money Laundering Abatement and Anti-Terrorist Financing Act of 2001 and CFTC regulations based on that legislation. The company's anti-money laundering policies and procedures are designed to meet the requirements of the legislation by minimizing the opportunity for customers to engage in money laundering activities through transactions in the Forex markets. FX Solution's procedures are focused on ¡°knowing the customer¡±. We require two forms of identification: 1) Picture identification, i.e. a passport or driver's license, and 2) One form of identification confirming the customer's address, i.e. phone bill or a utility bill.
These Mobile Services Terms and Conditions (¡°Mobile Terms¡±) apply to your access and use of our website and mobile trading platforms via a Mobile Device (our ¡°Mobile Services¡±) together with our Customer Agreement applicable to your account (¡°Terms and Policies¡±), and any notices, disclaimers or other terms and conditions or other statements contained in or downloaded by the software that is used to access our mobile trading platforms or website.