International Finance Asia (IFA), established in 2018, is an international financial services company. IFA's business scope includes providing financial services to institutions and licensed professional clients, with a focus on forex trading and Contracts for Difference (CFDs).
Risk Warning
IFA's official website clearly states that margin trading is only suitable for experienced investors with a high risk tolerance. Due to the high leverage and fast-moving nature of over-the-counter trading, CFDs, the stock market, and the cryptocurrency market, as well as the risks associated with electronic trading, any discrepancies on account statements must be reported to IFA within 24 hours of occurrence.
Ponzi Scheme Business Model
According to the provided information, IFA, in collaboration with OpixTech·ChenDe, engages in Ponzi scheme operations. In this partnership, OpixTech acts as an asset management company while IFA plays the role of a broker. Previously, OpixTech collaborated with Raynar Prime, allegedly deceiving investors. It appears that OpixTech plans to engage in similar activities in its partnership with IFA.
Website Sections
IFA's official website includes several sections, such as Solutions (covering liquidity and execution, automation and reporting, professional consulting, etc.), Trading Features (including trading sessions, STP, data centers, etc.), About Us, and Contact Us. The website also provides relevant legal documents and regulatory information.
Partnerships and Affiliates
IFA's partners or affiliates include OpixTech·ChenDe and Raynar Prime. These partnerships seem to involve a certain degree of opaque operations and potential investment risks.
Corporate Entity Information
International Finance Asia Ltd is the official name of IFA. The company is regulated by the Labuan Financial Services Authority and ASIC.
Trading Software and Instruments
IFA's website does not specify the trading software used. Its trading instruments include forex CFDs, among others.
Conclusion
In summary, IFA is a financial services company focused on forex and CFD trading, emphasizing trading risks and offering a variety of financial services. However, due to the history and business model of its partners, investors should carefully assess the risks before considering trading with IFA. It is noted that International Finance Asia is currently marked as a "Ponzi scheme" on TraderKnows.
