IBX

IBX Information

IBX (International Bullion Exchange) is a broker specializing in precious metals trading, founded to offer investors access to a variety of physical assets such as gold, silver, platinum, and palladium. Since the establishment of the company in 2009, it operates internationally, including in the USA, UK, and Australia.

Pros and Cons

Is IBX Legit?

This broker was officially launched in 2010; however, it lacks regulation. Thus, it's insecure.

What Can I Trade on IBX?

On IBX (International Bullion Exchange), traders can primarily invest in precious metals, which are gold, silver, platinum and palladium. This company focuses on physical metals, offering investors the option to trade or invest in physical assets. Traders can purchase and store physical bullion on the platform.

Account Types

The main account type is the Orion Program, which allows trader to control physical metals like gold, silver, platinum, and palladium. It requires a minimum deposit of $10,000 and allows trading of precious metals with personal phone-based assistance. The metals will be safely stored in federally regulated banks or vaults.

IBX Fees

IBXs fee structure is not fully outlined publicly.

The fee structure of IBX is centered around its bullion and investment programs, but specific fee details like storage costs, trade commissions, and other associated fees depend on the chosen services.

Trading Platform

Unlike most brokers, which offer sophisticated trading platforms (e.g., MT4, MT5), IBX's phone-based trading system lacks the flexibility and convenience of online trading. Its system works for both new and experienced investors who want to diversify into precious metals while ensuring liquidity and ease of transactions.

Deposit and Withdrawal

IBX does not clarify specific payment methods.