IS6FX

IS6FX is a forex broker registered in Saint Vincent and the Grenadines on November 19, 2021, primarily offering investors trading services in financial derivatives such as foreign exchange, precious metals, indices, stocks, and cryptocurrencies. The broker does not provide services to jurisdictions where it may violate local laws or regulations, including but not limited to the United States, Japan, Canada, Philippines, Sudan, Syria, North Korea, etc.

Registration Information and Regulatory Status:

According to information publicly available on the IS6FX official website, the corporate entity registered in Saint Vincent and the Grenadines is IS6 Technologies Ltd, with a specific registration address at Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines, and a registration number of 26536. The broker's official domain name was registered on March 17, 2000, according to Whois information.

Verification reveals that the Financial Services Authority of St. Vincent & the Grenadines (SVGFSA) has a registered enterprise named IS6 Technologies Ltd, registration number 26536. However, the SVGFSA does not "regulate, monitor, supervise, or license" business companies (BC) engaged in foreign exchange trading or brokerage activities. The regulatory scope is limited to ensuring BCs comply with the obligations set forth in the revised laws of St. Vincent and the Grenadines, Chapter 149 of the Business Companies (Amendment and Consolidation) Act of 2009.

Therefore, there is no effective regulation for the financial derivatives trading business operated by this broker.

Account Opening:

To open an IS6FX account: Visit the broker's official website and click on “IS6FX Account Opening” on the homepage or the “Account Opening” in the top right corner of the webpage to enter the account registration page. Follow the steps and requirements, fill in personal information such as name, personal email address, and telephone number, then submit. After submission, the broker will send a verification email to the email address provided by the user. The account is successfully registered upon verification.

Account Types:

IS6FX offers five trading accounts on the MT4 platform: “Micro Account”, “Standard Account”, “Pro Zero Account”, “Leverage 6666 Account”, “EX Account”; and six trading accounts on the MT5 trading platform: “Micro Account”, “Standard Account”, “Pro Zero Account”, “Leverage 6666 Account”, “EX Account”, “Crypto Account”.

MT4 Micro Account:

• Trading Instruments: 33 FX pairs, 2 precious metals, 7 indices, 2 energy commodities
• Account Currencies: Japanese Yen, US Dollar
• Trading Leverage: For FX/precious metals (varies with balance), 1:1000 (for balances below 2 million JPY), 1:500 (for balances above 2 million JPY), 1:200 (for balances above 5 million JPY), 1:100 (for balances above 10 million JPY); for indices/energy, 1:50—1:100.
• Trading Units: FX, 1 lot = 1000; precious metals, varies by brand; indices, 1 lot = 1; energy, 1 lot = 100
• Minimum Trading Volume (per position): FX/precious metals, 0.05 lots; indices, 1 lot; energy, 0.1 lots
• Maximum Trading Volume (per position): FX/precious metals, 100 lots; indices, 1000 lots; energy, 100 lots
• Maximum Number of Positions per Account: 30 (including pre-purchase)
• Order Execution Type: Market Execution
• Stop Out Level: 20%
• Trading Fees: None
• Promotions/Bonuses: None
• Minimum Deposit Amount: 5000 JPY
• Restrictions: None
• Account Maintenance Fee: If there are no trades for 3 consecutive months, a monthly fee of 5 USD will be charged.

MT4 Standard Account:

• Trading Instruments: 33 FX pairs, 2 precious metals, 7 indices, 2 energy commodities
• Account Currencies: Japanese Yen, US Dollar
• Trading Leverage: For FX/precious metals (varies with balance), 1:1000 (for balances below 2 million JPY), 1:500 (for balances above 2 million JPY), 1:200 (for balances above 5 million JPY), 1:100 (for balances above 10 million JPY); for indices/energy, 1:50—1:100.
• Trading Units: FX, 1 lot = 100,000; precious metals, varies by brand; indices, 1 lot = 1; energy, 1 lot = 100
• Minimum Trading Volume (per position): FX/precious metals, 0.01 lots; indices, 1 lot; energy, 0.1 lots
• Maximum Trading Volume (per position): FX/precious metals, 30 lots; indices, 1000 lots; energy, 100 lots
• Maximum Number of Positions per Account: 30 (including pre-purchase)
• Order Execution Type: Market Execution
• Stop Out Level: 20%
• Trading Fees: None
• Promotions/Bonuses: Yes
• Minimum Deposit Amount: 5000 JPY
• Restrictions: None
• Account Maintenance Fee: If there are no trades for 3 consecutive months, a monthly fee of 5 USD will be charged.

MT4 Pro Zero Account:

• Trading Instruments: 33 FX pairs, 2 precious metals, 7 indices, 2 energy commodities
• Account Currencies: Japanese Yen, US Dollar
• Trading Leverage: For FX/precious metals (varies with balance), 1:1000 (for balances below 2 million JPY), 1:500 (for balances above 2 million JPY), 1:200 (for balances above 5 million JPY), 1:100 (for balances above 10 million JPY); for indices/energy, 1:50—1:100.
• Trading Units: FX, 1 lot = 100,000; precious metals, varies by brand; indices, 1 lot = 1; energy, 1 lot = 100
• Minimum Trading Volume (per position): FX/precious metals, 0.01 lots; indices, 1 lot; energy, 0.1 lots
• Maximum Trading Volume (per position): FX/precious metals, 50 lots; indices, 1000 lots; energy, 100 lots
• Maximum Number of Positions per Account: 30 (including pre-purchase)
• Order Execution Type: Market Execution
• Stop Out Level: 10%
• Trading Fees: None
• Promotions/Bonuses: None
• Minimum Deposit Amount: 20,000 JPY
• Restrictions: EA not available
• Account Maintenance Fee: If there are no trades for 2 consecutive months, a monthly fee of 5 USD will be charged.

MT4 Leverage 6666 Account:

• Trading Instruments: 33 FX pairs, 2 precious metals, 7 indices, 2 energy commodities
• Account Currencies: Japanese Yen, US Dollar
• Trading Leverage: For FX/precious metals, 1:6666 (for margin less than 100,000 JPY), 1:2000 (for margin over 100,000 JPY), 1:1000 (for margin over 500,000 JPY), 1:500 (for margin over 2 million JPY), 1:200 (for margin over 5 million JPY), 1:100 (for margin over 10 million JPY); for indices/energy, 1:50—1:100.
• Trading Units: FX, 1 lot = 100,000; precious metals, varies by brand; indices, 1 lot = 1; energy, 1 lot = 100
• Minimum Trading Volume (per position): FX/precious metals, 0.01 lots; indices, 1 lot; energy, 0.1 lots
• Maximum Trading Volume (per position): FX/precious metals, 30 lots; indices, 1000 lots; energy, 100 lots
• Maximum Number of Positions per Account: 30 (including pre-purchase)
• Order Execution Type: Market Execution
• Stop Out Level: 20%
• Trading Fees: None
• Promotions/Bonuses: None
• Minimum Deposit Amount: 20,000 JPY
• Restrictions: EA not available, funds cannot be transferred, if a 6666x account already exists, a second account cannot be opened.
• Account Maintenance Fee: If there are no trades for 3 consecutive months, a monthly fee of 5 USD will be charged.

MT4 EX Account:

• Trading Instruments: 33 FX pairs, 2 precious metals, 7 indices, 2 energy commodities
• Account Currencies: Japanese Yen, US Dollar
• Trading Leverage: For FX/precious metals (varies with balance), 1:1000 (for balances below 2 million JPY), 1:500 (for balances above 2 million JPY), 1:200 (for balances above 5 million JPY), 1:100 (for balances above 10 million JPY); for indices/energy, 1:50—1:100.
• Trading Units: FX, 1 lot = 100,000; precious metals, varies by brand; indices, 1 lot = 1; energy, 1 lot = 100
• Minimum Trading Volume (per position): FX/precious metals, 0.01 lots; indices, 1 lot; energy, 0.1 lots
• Maximum Trading Volume (per position): FX/precious metals, 30 lots; indices/energy, varies by brand
• Maximum Number of Positions per Account: 30 (including pre-purchase)
• Order Execution Type: Market Execution
• Stop Out Level: Loss exceeds balance
• Trading Fees: None
• Promotions/Bonuses: Yes
• Minimum Deposit Amount: 5000 JPY
• Restrictions: Funds cannot be transferred
• Account Maintenance Fee: If there are no trades for 3 consecutive months, a monthly fee of 5 USD will be charged.

MT5 Micro Account:

• Trading Instruments: 61 FX pairs, 10 precious metals, 15 indices, 3 energy commodities; 21 stocks
• Account Currencies: Japanese Yen, US Dollar, BTC, ETH, USDT, USDC
• Trading Leverage: For FX/precious metals (varies with balance), 1:1000 (for balances below 2 million JPY), 1:500 (for balances above 2 million JPY), 1:200 (for balances above 5 million JPY), 1:100 (for balances above 10 million JPY); for indices/energy, 1:50—1:100; for stocks, 1:50
• Trading Units: FX, 1 lot = 1000; precious metals, varies by brand; indices, 1 lot = 1; energy, 1 lot = 100; stocks, 1 lot = 1
• Minimum Trading Volume (per position): FX/precious metals, 0.05 lots; indices, varies by brand; energy, 0.1 lots; stocks, varies by brand
• Maximum Trading Volume (per position): FX/precious metals, 100 lots; indices, varies by brand; energy, varies by brand; stocks, 100 lots
• Maximum Number of Positions per Account: 30 (including pre-purchase)
• Order Execution Type: Market Execution
• Stop Out Level: 20%
• Trading Fees: None
• Promotions/Bonuses: None
• Minimum Deposit Amount: 5000 JPY
• Restrictions: None
• Account Maintenance Fee: If there are no trades for 3 consecutive months, a monthly fee of 5 USD will be charged.

MT5 Standard Account:

• Trading Instruments: 61 FX pairs, 10 precious metals, 15 indices, 3 energy commodities; 21 stocks
• Account Currencies: Japanese Yen, US Dollar, BTC, ETH, USDT, USDC
• Trading Leverage: For FX/precious metals (varies with balance), 1:1000 (for balances below 2 million JPY), 1:500 (for balances above 2 million JPY), 1:200 (for balances above 5 million JPY), 1:100 (for balances above 10 million JPY); for indices/energy, 1:50—1:100; for stocks, 1:50
• Trading Units: FX, 1 lot = 100,000; precious metals, varies by brand; indices, 1 lot = 1; energy,1 lot = 100; stocks, 1 lot = 1
• Minimum Trading Volume (per position): FX/precious metals, 0.01 lots; indices, varies by brand; energy, 0.1 lots; stocks, varies by brand
• Maximum Trading Volume (per position): FX/precious metals, 30 lots; indices, varies by brand; energy, varies by brand; stocks, 100 lots
• Maximum Number of Positions per Account: 30 (including pre-purchase)
• Order Execution Type: Market Execution
• Stop Out Level: 20%
• Trading Fees: None
• Promotions/Bonuses: Yes
• Minimum Deposit Amount: 5000 JPY
• Restrictions: None
• Account Maintenance Fee: If there are no trades for 3 consecutive months, a monthly fee of 5 USD will be charged.

MT5 Pro Zero Account:

• Trading Instruments: 61 FX pairs, 10 precious metals, 15 indices, 3 energy commodities; 21 stocks
• Account Currencies: Japanese Yen, US Dollar, BTC, ETH, USDT, USDC
• Trading Leverage: For FX/precious metals (varies with balance), 1:1000 (for balances below 2 million JPY), 1:500 (for balances above 2 million JPY), 1:200 (for balances above 5 million JPY), 1:100 (for balances above 10 million JPY); for indices/energy, 1:50—1:100
• Trading Units: FX, 1 lot = 100,000; precious metals, varies by brand; indices, 1 lot = 1; energy, 1 lot = 100
• Minimum Trading Volume (per position): FX/precious metals, 0.01 lots; indices, varies by brand; energy, 0.1 lots
• Maximum Trading Volume (per position): FX/precious metals, 50 lots; indices, varies by brand; energy, varies by brand
• Maximum Number of Positions per Account: 30 (including pre-purchase)
• Order Execution Type: Market Execution
• Stop Out Level: 10%
• Trading Fees: None
• Promotions/Bonuses: None
• Minimum Deposit Amount: 20,000 JPY
• Restrictions: None
• Account Maintenance Fee: If there are no trades for 2 consecutive months, a monthly fee of 5 USD will be charged.

MT5 Leverage 6666 Account:

• Trading Instruments: 61 FX pairs, 10 precious metals, 15 indices, 3 energy commodities; 21 stocks
• Account Currencies: Japanese Yen, US Dollar, BTC, ETH, USDT, USDC
• Trading Leverage: For FX/precious metals, 1:6666 (for margin less than 100,000 JPY), 1:2000 (for margin over 100,000 JPY), 1:1000 (for margin over 500,000 JPY), 1:500 (for margin over 2 million JPY), 1:200 (for margin over 5 million JPY), 1:100 (for margin over 10 million JPY); for indices/energy, 1:50—1:100.
• Trading Units: FX, 1 lot = 100,000; precious metals, varies by brand; indices, 1 lot = 1; energy, 1 lot = 100
• Minimum Trading Volume (per position): FX/precious metals, 0.01 lots; indices, varies by brand; energy, 0.1 lots
• Maximum Trading Volume (per position): FX/precious metals, 30 lots; indices, varies by brand; energy, varies by brand
• Maximum Number of Positions per Account: 30 (including pre-purchase)
• Order Execution Type: Market Execution
• Stop Out Level: 20%
• Trading Fees: None
• Promotions/Bonuses: None
• Minimum Deposit Amount: 20,000 JPY
• Restrictions: EA not available, funds cannot be transferred, if a 6666x account already exists, a second account cannot be opened.
• Account Maintenance Fee: If there are no trades for 3 consecutive months, a monthly fee of 5 USD will be charged.

MT5 EX Account:

• Trading Instruments: 61 FX pairs, 10 precious metals, 15 indices, 3 energy commodities; 21 stocks
• Account Currencies: Japanese Yen, US Dollar, BTC, ETH, USDT, USDC
• Trading Leverage: For FX/precious metals (varies with balance), 1:1000 (for balances below 2 million JPY), 1:500 (for balances above 2 million JPY), 1:200 (for balances above 5 million JPY), 1:100 (for balances above 10 million JPY); for indices/energy, 1:50—1:100; for stocks, 1:50
• Trading Units: FX, 1 lot = 100,000; precious metals, varies by brand; indices, 1 lot = 1; energy, 1 lot = 100; stocks, 1 lot = 1
• Minimum Trading Volume (per position): FX/precious metals, 0.01 lots; indices, varies by brand; energy, 0.1 lots; stocks, varies by brand
• Maximum Trading Volume (per position): FX/precious metals, 30 lots; indices, varies by brand; energy, varies by brand; stocks, 100 lots
• Maximum Number of Positions per Account: 30 (including pre-purchase)
• Order Execution Type: Market Execution
• Stop Out Level: Loss exceeds balance
• Trading Fees: None
• Promotions/Bonuses: Yes
• Minimum Deposit Amount: 5000 JPY
• Restrictions: Funds cannot be transferred
• Account Maintenance Fee: If there are no trades for 3 consecutive months, a monthly fee of 5 USD will be charged.

MT5 Cryptocurrency Account:

• Trading Instruments: 61 FX pairs, 10 precious metals, 15 indices, 3 energy commodities; 21 stocks; 68 cryptocurrencies
• Account Currencies: Japanese Yen, US Dollar, BTC, ETH, USDT, USDC
• Trading Leverage: For FX/precious metals (varies with balance), 1:1000 (for balances below 2 million JPY), 1:500 (for balances above 2 million JPY), 1:200 (for balances above 5 million JPY), 1:100 (for balances above 10 million JPY); for indices/energy, 1:50—1:100; for stocks, 1:50; for cryptocurrencies, 1:1000 (varies by trading amount)
• Trading Units: FX, 1 lot = 100,000; precious metals, varies by brand; indices, 1 lot = 1; energy, 1 lot = 100; stocks, 1 lot = 1; cryptocurrencies, 1 lot = 1
• Minimum Trading Volume (per position): FX/precious metals, 0.01 lots; indices, varies by brand; energy, 0.1 lots; stocks, varies by brand; cryptocurrencies, varies by brand
• Maximum Trading Volume (per position): FX/precious metals, 30 lots; indices, varies by brand; energy, varies by brand; stocks, 100 lots; cryptocurrencies, varies by brand
• Maximum Number of Positions per Account: 30 (including pre-purchase)
• Order Execution Type: Market Execution
• Stop Out Level: 20%
• Trading Fees: None
• Promotions/Bonuses: Some available
• Minimum Deposit Amount: 5000 JPY
• Restrictions: Funds cannot be transferred
• Account Maintenance Fee: If there are no trades for 3 consecutive months, a monthly fee of 5 USD will be charged.

Trading Platforms:

IS6FX provides users with MT4 and MT5 trading platforms.

Deposits and Withdrawals:

IS6FX supports deposits and withdrawals through credit/debit cards, bank transfers, cryptocurrencies, among other methods.

Conclusion:

Traderknows reminds investors that IS6FX is an unregulated forex broker. Traderknows advises investors to choose brokers that are transparent, well-regulated and reputable for their trading activities, in order to avoid unnecessary losses of their assets.

Currently, this broker is marked as "suspected of fraud" on Traderknows.