Stay away from this broker.
I started trading micro account with them, and for a month everything was fine. But I made 400% and after that strange things started to happend. They started to give me huge slippages, although for a month I had 0 slippages.
They just started to cheat me and trade against me that's what they do.

I am working with him from last 6 month and we are very pleased with them. They support us whenever we needed.

Regulated by the SEC? What are you talking about???

Quote from IamFX rep: "IamFX Inc. is registered in Panama and we use Gallant Capital Markets, Ltd. ("GCM") for execution - a British Virgin Islands based Broker Dealer and registering under SIBA with the BVI Financial Services Commission ("FSC")"

They also no longer accept US citizens. Thanks Frank-Dodd!!!

To Tam, at the bottom of this thread:
iamfx is not wrong. You are. You just don't understand what a VPS is, and, to be fair to you, iamfx doesn't know how to explain it very well.
The way they are doing this is to give you access to the full version of Metatrader through a browser, whether on another desktop or your mobile phone. It is the same application that you are using on your desktop or laptop. It is no different in any way. This is not the same as using browser-based trading software as with forex.com and others. Again, this is the complete Metatrader.
Also, as iamfx said, it is better than Metatrader mobile. Metatrader Mobile is limited in many ways. For example, you cannot use any custom indicators, and you cannot use any expert advisors.
However, to be fair, iamfx no longer offers a free VPS. They charge a lot if you do not trade a minimum amount each month and have a minimum amount in your account. Actually, it would be much cheaper and give you greater versatility to get a normal Windows VPS and install Metatrader if you needed that kind of remote access, though you need to be fairly computer literate to set this up and make it work for you.
As to their support, I agree with you. It is not great. However, since they have just about the lowest commissions (you or the brokers can call it anything you want, but it is still a commission--money out of your pocket and into theirs) than just about any other broker out there. Sure forex.com has better support. They will also take more than twice the commission as iamfx.
I'm staying with iamfx.
daa

Just to clarify the VPS charge as Malcolm, Australia pointed out.

I too was charged $35 but that was because I had forgotten to cancel it and had not used it for 30 days. They do tell you about this when you open a VPS account so I couldn't complain as it was my own fault.

I would not recommend this broker. Big slippage, spreads not as tight when trading live. You loose $25 whenever you deposit funds into their account and now I have just recieved an email saying they are deducting $35 from my account for the VPS Fee. This is a service they promote as being free!!!! You just cant trust them.

Don't use this broker

They have really bad support

Sometimes you have difficult to connect the broker, and sometimes your account becomes invalid - so you can't trade.

They never answer in their support line , and they don't have any physical address to the offices, they just use some virtual address they bought.

Don't put your hard working money in this broker - don't do the mistake I did.

I just need to pray now they will let me to take my money out