According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- ¥5,000
- MT4
- MT5
Our Evaluation of IS6FX
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
IS6FX is a moderate-risk broker with the TU Overall Score of 5.08 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by IS6FX clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
IS6FX aims to interest both experienced and novice traders. It offers high leverage and a broad choice of accounts and assets but operates without regulation in an offshore zone, which is a significant drawback.
Brief Look at IS6FX
IS6FX is an NDD (no dealing desk) broker that provides access to trading over 180 assets, such as crypto and fiat currencies, stock market indices, precious metals, stocks, and commodities. The company was registered in 2016 and since then has been actively improving its services and expanding its assortment of tradable assets, accounts, and investment products. At the “Best Transformed Broker Award 2023”, IS6FX was recognized as the best broker. It has divisions in the Philippines and Vietnam and is headquartered in Kingstown, St. Vincent and the Grenadines.
We've identified your country as
US
We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website.
Explore the 5 top-rated companies in
US :
- Cent accounts for trading at minimal risk.
- Wide selection of МТ4 and МТ5 accounts.
- Minimum deposit is 5,000 JPY, which is equivalent to 35 USD.
- Limited accounts with up to 1:6,666 leverage on Forex and precious metals.
- Access to trading CFDs on currency pairs, cryptos, indices, stocks, and commodities.
- No deposit fees.
- One free withdrawal of funds per month.
- The broker is registered in St. Vincent and the Grenadines where the currency and cryptocurrency markets are not regulated.
- Spreads are wide on all account types.
- There is no education, analytics, or useful trading instruments for beginners and professionals.
TU Expert Advice
Financial expert and analyst at Traders Union
IS6FX was established in 2016 and since then has improved its services by adapting them for clients with varied experience and capital. MT4 users whose end-of-month balance is $5,000/¥500,000 or more can have free access to a virtual private server (VPS). If the balance is lower, a monthly fee of $28 is charged. Investing in MAM accounts, copy trading, and scalping are available.
The minimum deposit on all accounts, except Pro Zero and Leverage 6666 Times, is 5,000 JPY or approximately 36 USD. However, it’s not possible to deposit less than $50 from a card and less than $100 via a bank transfer. The minimum cryptocurrency deposits are 0.003 BTC, 0.05 ETH, 50 USDT, and 50 USDC. Payments to trading accounts are made instantly from cards, within 15 minutes via bank transfers, and within 30 minutes from crypto wallets.
The broker offers a unique type of account with up to 1:6,666 leverage.
IS6FX Trading Conditions
Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. IS6FX and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
| 💻 Trading platform: | МТ4 and МТ5 (desktop, mobile, and WebTrader) |
|---|---|
| 📊 Accounts: | Demo, Micro, Standard, Pro Zero, Leverage 6666 Times, EX, Crypto |
| 💰 Account currency: | USD, JPY, BTC, ETH, USDT, and USDC |
| 💵 Deposit / Withdrawal: | Credit/debit cards (Mastercard, JCB), bank transfers, Bitcoin, Ethereum, Tether, and USDCoin |
| 🚀 Minimum deposit: | 5,000 JPY |
| ⚖️ Leverage: | Up to 1:6,666 on the Leverage 6666 Times account and up to 1:1,000 on the other account types |
| 💼 PAMM-accounts: | Yes |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,05 pips |
| 🔧 Instruments: | Forex, precious metals, stock indices, energies, stocks, and cryptocurrencies |
| 💹 Margin Call / Stop Out: | No margin call. Stop outs: 10%-20% |
| 🏛 Liquidity provider: | Large banks |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | Accounts with up to 1:6,666 leverage |
| 🎁 Contests and bonuses: | Yes |
Users can trade on both MT4 and MT5 platforms, but conditions and assets differ. On МТ4, accounts can only be opened in USD and JPY, while on МТ5, account currencies can be USD, JPY, BTC, USDT, ETH, and USDC. Spreads are variable and change depending on trading instruments and market situations. IS6FX provides dynamic leverage that increases when the account balance goes down and decreases when the trader deposits funds.
IS6FX Key Parameters Evaluation
Share your experience
- Best
- Last
- Oldest
Trading Account Opening
It takes less than 10 minutes to create an IS6FX user account. Here is a short description of the procedure:
On the official website’s homepage, click “IS6FX Open an account”.
In the registration form, enter your name, surname, and email, select an account type and currency, choose the MT4 or MT5 platform, and create a reliable password. After confirming your email address by clicking a link in an email from IS6FX, you can access your user account.
Important features of IS6FX’s user account allow you to:
In your user account, you can also:
-
Verify your identity and confirm your phone number and place of residence.
-
Create a demo account and open additional trading accounts.
-
Install desktop trading platforms and access WebTrader.
-
Transfer funds between active accounts.
-
View the history of transactions – deposits, withdrawals, and transfers.
-
Invite new traders and monitor statistics on the “Introduce a Friend” program.
Regulation and safety
IS6FX has a safety score of 3.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
IS6FX Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 SVG FSA |
Financial Services Authority of St. Vincent and the Grenadines | St. Vincent and the Grenadines | No specific fund | Tier-3 |
IS6FX Security Factors
| Foundation date | - |
| Negative balance protection | Yes |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker IS6FX have been analyzed and rated as Low with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of IS6FX with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, IS6FX’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
IS6FX Standard spreads
| IS6FX | Pepperstone | OANDA | |
| EUR/USD min, pips | 0,3 | 0,5 | 0,1 |
| EUR/USD max, pips | 0,7 | 1,5 | 0,5 |
| GPB/USD min, pips | 0,3 | 0,4 | 0,1 |
| GPB/USD max, pips | 0,9 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
IS6FX RAW/ECN spreads
| IS6FX | Pepperstone | OANDA | |
| Commission ($ per lot) | 3,50 | 3 | 3,5 |
| EUR/USD avg spread | 0,05 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,05 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with IS6FX. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
IS6FX Non-Trading Fees
| IS6FX | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
A trader cannot change the type or currency of a previously created account but can open up to 5 accounts in different currencies. Correction of leverage is also not available. The Japanese yen is the nominal currency used to calculate the minimum deposit. If a trader opens an account in cryptocurrency or USD, he has to deposit an equivalent of the amount indicated in JPY.
Account types
An open demo account stays available for 30 days and is then blocked, but it is possible to open a new one.
IS6FX is suitable for both active trading and passive earning. The broker has low first deposit requirements and offers cent accounts. That is why it can be used by not only experienced traders but also beginners with limited funds.
Deposit and withdrawal
IS6FX received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
IS6FX offers limited payment options and accessibility, which may impact its competitiveness.
- Minimum deposit below industry average
- Bitcoin (BTC) accepted
- Low minimum withdrawal requirement
- USDT (Tether) supported
- PayPal not supported
- Wise not supported
- Only major base currencies available
What are IS6FX deposit and withdrawal options?
IS6FX offers a limited selection of deposit and withdrawal methods, including Bank Wire, BTC, USDT, Ethereum. This limitation may restrict flexibility for users, making IS6FX less competitive for those seeking diverse payment options.
IS6FX Deposit and Withdrawal Methods vs Competitors
| IS6FX | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | No | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | Yes | No | No |
What are IS6FX base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. IS6FX supports the following base account currencies:
What are IS6FX's minimum deposit and withdrawal amounts?
The minimum deposit on IS6FX is $5,000 JPY, while the minimum withdrawal amount is $50. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact IS6FX’s support team.
Markets and tradable assets
IS6FX offers a limited selection of trading assets compared to the market average. The platform supports 190 assets in total, including 61 Forex pairs.
- Indices trading
- Crypto trading
- 61 supported currency pairs
- Bonds not available
- Copy trading not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by IS6FX with its competitors, making it easier for you to find the perfect fit.
| IS6FX | Plus500 | Pepperstone | |
| Currency pairs | 61 | 60 | 90 |
| Total tradable assets | 190 | 2800 | 1200 |
| Stocks | Yes | Yes | Yes |
| Commodity futures | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products IS6FX offers for beginner traders and investors who prefer not to engage in active trading.
| IS6FX | Plus500 | Pepperstone | |
| Bonds | No | No | No |
| ETFs | No | Yes | Yes |
| Copy trading | No | No | Yes |
| PAMM investing | Yes | No | Yes |
| Managed accounts | No | No | No |
Customer support
IS6FX support service is available around the clock seven days a week.
Advantages
- Support operators speak English, Chinese, Japanese, Spanish, and other languages
- Support works 24/7
Disadvantages
- Chat bot is only available on the Japanese version of the website
- Support cannot be contacted by phone
The company offers the following communication channels:
-
chatbot on the website;
-
feedback form in the user account;
-
email;
-
LINE.
IS6FX is on X (formerly Twitter), Telegram, and YouTube. These profiles can also be used to communicate with the company’s representatives.
Contacts
| Registration address | IS6 Technologies Ltd, Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines |
|---|---|
| Official site | https://is6.com/en |
| Contacts |
Education
English versions of such website sections as FX Glossary, Forex beginner, and MT4/МТ5 manual are currently being developed. However, these sections are already available in Japanese. Forex trading basics in English are featured in the FAQs section.
Demo accounts with virtual funds are a great training tool. They help novices learn to trade without losing real money.
Comparison of IS6FX with other Brokers
| IS6FX | Eightcap | XM Group | RoboForex | Pocket Option | NPBFX | |
| Trading platform |
MT4, MT5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | MT4 |
| Min deposit | $5000 | $100 | $5 | $10 | $5 | $10 |
| Leverage |
From 1:1 to 1:6 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:200 to 1:1000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | 10.00% | No | No |
| Spread | From 1.1 point | From 0 points | From 0.8 points | From 0 points | From 1.2 point | From 0.4 points |
| Level of margin call / stop out |
10% / 20% | 80% / 50% | 100% / 50% | 60% / 40% | 30% / 50% | No / 30% |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Instant Execution, Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | Yes | No | No |
Detailed review of IS6FX
IS6FX is an NDD/STP broker that offers a wide selection of assets, accounts, and trading platforms. Its clients can trade using almost any device, including MacOS, iPhone/iPad, and Android. The company is interested in cooperation with traders of any rank from beginners to advanced managers and signal providers. IS6FX actively develops its proprietary services, such as mirror trade, MAM, and VPS.
IS6FX by the numbers
-
Over 7 years in business and $36,000,000 capital.
-
5 account types for МТ4 and 6 for МТ5.
-
180+ trading instruments.
-
Unique account type with up to 1:6,666 leverage.
IS6FX provides various МТ4 and МТ5 accounts
The broker offers МТ4 and МТ5 accounts that differ in trading conditions, including the range of available assets. All МТ4 accounts allow users to trade 33 currency pairs, gold, silver, 7 stock indices, and 2 energies. On МТ5 accounts, clients can trade 61 currency pairs, 10 precious metals, 15 stock indices, 3 energies, and 21 stocks. On МТ5 crypto accounts, 69 cryptocurrencies can be traded.
Leverage on МТ4 and MТ5 is the same – 1:50-1:1,000 depending on the asset and account balance. However, there is also a limited account type with 1:6,666 leverage. The maximum trade sizes for Forex, energies, and metals are 100 lots on Micro accounts, 50 lots on Pro Zero, and 30 lots on the other account types.
IS6FX’s useful services
-
Mirror trade can bring profit to both investors, including Forex beginners, and experienced traders.
-
LINE allows users to exchange instant messages with IS6FX representatives.
-
The FAQs section of the official website answers the most important questions of potential clients.
-
VPS for МТ4 improves performance and automates the trading process through EAs, among other things.
Advantages:
Low minimum deposit requirements on all account types.
The company’s website and tech support are available in 4 languages.
Protection of the user account through two-factor authentication.
Payments can be made not only in classic ways, such as from cards and via bank transfers but also in cryptocurrency.
The broker allows scalping, copy trading, and mirror trading. EAs are allowed on most accounts.
A user can select an account type that best suits his budget, experience, and preferred assets.
Articles that may help you
Check out our reviews of other companies as well
User Satisfaction i