IFX Payments vs OpenPayd: what each publishes
As of October 17, 2026, IFX Payments takes these industries by its own published rules: iGaming, with conditions; Forex and CFD, with conditions. OpenPayd: iGaming, with conditions; Forex and CFD, with conditions; Marketplace, with conditions.
Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.
Where it takes companies from
IFX Payments
- United Kingdom
- EU / EEA (western & northern, plus Spain, Italy, Portugal)
- EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
- Switzerland / Liechtenstein
- United Arab Emirates
- United States
- Developed Asia-Pacific
- CIS / Central Asia / Caucasus
- Latin America
- Middle East & North Africa
- Africa
- Jersey, Guernsey, Isle of Man, Gibraltar
- Other offshore centres
- Other
The regions its own documents name, read on October 16, 2026
OpenPayd
- United Kingdom
- EU / EEA (western & northern, plus Spain, Italy, Portugal)
- EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
- Switzerland / Liechtenstein
- United Arab Emirates
- United States
- Developed Asia-Pacific
- CIS / Central Asia / Caucasus
- Latin America
- Middle East & North Africa
- Africa
- Jersey, Guernsey, Isle of Man, Gibraltar
- Other offshore centres
- Other
The regions its own documents name, read on October 9, 2026
Policy by industry
| Industry | IFX Payments | OpenPayd |
|---|---|---|
| iGaming | With conditions | With conditions |
| Forex and CFD | With conditions | With conditions |
| Marketplace | No published rule | With conditions |
| Crypto | Depends on the activity | Depends on the activity |
| Unlicensed financial services | No | No |
| Adult | No published rule | No published rule |
| AI and SaaS | No published rule | No published rule |
Where owners must live
IFX Payments
No published rule
OpenPayd
No published rule
Rules about countries
IFX Payments
No published rule
OpenPayd
No published rule
Fees
IFX Payments
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| ibanq multi-currency account (prices agreed per client) | Not published | Not published ('The Charges, as applicable from time to time, are set out in the Pricing Schedule.') | · Source |
OpenPayd
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Corporate account (OpenPayd Account) | Not published | Not published ('All of our pricing is completely bespoke based on a variety of factors.') | · Source |
Closing an account
IFX Payments
11.2. Without affecting any other right or remedy available to it and subject to clauses 11.4 and 11.5, either Party may terminate this Agreement at any time without cause provided that: 11.2.1. IFX gives the Client five (5) days’ written notice of its intention to do so; or … 11.4. If the Client is a Charity, or a Micro-Entity, then without affecting any other right or remedy available to us and subject to regulation 51(B) of the PSRs: 11.4.1. IFX may terminate this Agreement at any time without cause by giving no less than ninety (90) days’ prior written notice of its intention to do so to the Client; or
OpenPayd
We can end the Agreement at any time by giving you three months’ notice in writing.
Licence
| Licensee | IFX Payments | OpenPayd |
|---|---|---|
| Licensee | IFX (UK) Ltd (trading as IFX Payments) · electronic money institution authorised by the FCA (FRN 900517) · IFX Payments (DIFC) Limited · authorised by the Dubai Financial Services Authority (F009827) | SettleGo Solutions Limited (trading as OpenPayd) · electronic money institution authorised by the FCA (FRN 900483) · OpenPayd Financial Services Malta Limited · financial institution licensed by the Malta Financial Services Authority (C 75580) |
| Regulator | FCA · | FCA / Malta Financial Services Authority · |