IFX opens down under
NEWS
The licence, approved through IFX Group's Australia-based branch, IFX Markets, allows the firm to offer services to retail investors.
It will use the brand name GreenCFD, of which currencies are a part. Patrick Latchford, business director at IFX in London, said: "It will offer all the most traded currency pairs - some 25 in total - with the majors at a three-point spread, and 1% margin with stops [stop losses]."
Managing director Goran Drapac, who has over 29 years' experience in the FX and
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