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iFOREX Review and Information 2023

iFOREX
Voting Rating iFOREX does not participate in the Forex Rating
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Reviews Rating
Regulation
Trading software Meta Trader 4
Headquartered Todistrasse 40, Postfach 600, Zurich, Switzerland, Zip code:CH-8027Toll-free in U.S. & Canada:1-877-294-0273International callers: 1-614-921-2450

At iFOREX we understand how difficult it can be to enter the FOREX market, particularly one as volatile as the foreign exchange. In order to ease the transition, we have developed a low-risk introductory Protected Account (PA), designed to introduce potential traders to the lucrative world of currency trading. iforex broker was founded in 1995. iforex forex company is a CySEC establishement. iFOREX offers high quality forex trading to the traders worldwide.

The Protected Account works as a funded demo account, the size of which is determined according to a trader's comfort level. Among its unique features: At any point during the two-week period, a trader may control up to 100 times his initial deposit, regardless of the actual balance in the Protected Account. The trader may make as many trades as desired, 24 hours a day, using any currency pair.

Positions are closed automatically at the end of the two-week period. If there is a positive balance, it will be transferred to the trader's regular account. If there is a negative balance, iFOREX will cover it. Moderate brokerage charges. Welcome bonus. Online trading binary options. Free demo account. 

We at iFOREX believe that a regular demo account, though a very useful tool, does not simulate the feeling of trading real money on the Foreign Exchange. The Protected Account acts as a bridge between a demo account and a real one, providing an authentic trading experience, with managed risk.

At iforex forex broker you may pay a premium of 100 USD to 1,000 USD and trade up to 100 times of it in open positions at any given time. Larger premium are available on request. At the broker’s blog traders can read iforex reviews from other traders as well as leave their own iforex review about the trading with the company. As to the company official web site, live rates, trading reviews, educating video and economic calendar are available.

iFOREX Trading Information 2023


WWW http://www.iforex.com/
Address
Headquarters Todistrasse 40, Postfach 600, Zurich, Switzerland, Zip code:CH-8027
Free phone 1-614-921-2450
24 hour support
Partnership programs
Free education
Mobile trading
24/5 trading
Digits after the dot in quotes
Minimum position size
Spread Type
Pip spread on majors 2-5
Maximum Leverage 400:1
STP, $
ECN, $
Standard account, $ 100
Mini account, $ 100
Popular payment methods Credit Card, PayPal, Wire Transfer
Account currencies
Available assets no
Languages English, Spanish, Chinese, Japan, Arabic, Italian, German, Portugese, Russian, French
Platforms Meta Trader 4
Broker type
Regulation CySEC
Foundation 1996

iFOREX Reviews and Comments

iForex is scam, cannot withdraw your money on easy. don't trust iForex.
  16 May 2022  
True, it was the worst IForex experience I've ever had. They control the market on their own, have a higher spread than other markets, and do not have a regulation certificate. After a few transactions, I realized they were deceiving me. Please do not enter.
  29 Mar 2022  
Worst company I ever cooperated.They still call me after 7 years that I stopped trading and they gave my telephone number to other companies too,as I was told by the brokers who call me although I informed I don't want to trade again and to stop bothering me. They are unbearably annoying.
  19 Dec 2021  
IFOREX is bad and don't pay back your deposited money easily and they procrastinate in paying.
  31 Aug 2020  
Trade Gold with FXTM

Trading precious metals is one of the most popular ways of diversifying your portfolio. Trade spot gold and spot silver prices against the US Dollar and other major currencies with a global broker today, and reap the potential benefits.

Trading with iforex has been one of the worst experiences of my life. They are frauds and will cheat you of your money after a couple of trades. Most brokers give a "no deposit bonus" of up to $2000 or they give 30-100% trading bonus for every deposit you make in the account. iforex gives less than 5% trading bonus in spite of promising a higher bonus before opening the account. The worst part, they close your deals when they see a small negative margin of 0 in your account (This made me lose over $25,000 which was in the account) My deposits could have been protected had they honoured the promised bonus which would take care of intraday movements. Clearly fraudulent practices - not at all ethical and competitive in the market. iforex closed my deals twice without a reason and re-instated after contacting them (very distressing especially when they do not answer your calls/emails most of the time) claiming there was a technical glitch. Very clever! All the while the India account manager was unavailable to help. What disgusts me the most is that their phone numbers ring but nobody receives the calls. Even their international numbers do not work. They do not have chat support or staff responding to emails sent to them. In an emergency, you are left in the lurch. My account manager Mr. *** gives his phone number which is out of service but calls you if he pleases to do so after receiving an email. This is dangerous when you have invested your hard-earned money and find the contacts are not responding when there is a problem. Please stay away.
  1 Jun 2020  
Just tried redgistering and depositing some money. as soon as I did I was hit by 7 transactions. the card was hacked through there platform my card had to be cancelled immediately causing issues.
  27 Apr 2020  
What problem with platform are you talking about here? It's not about single platform, it is about three different platforms with one single access with same credentials. Trade on mobile, web or local platform. It's up to you. I have whole bunch of information. I can download detailed statements of trading results, statistics, more than 200 instruments to trade. I see comments about FXnet like it's a poor platform, but you guys have never traded on this platform if you say so! It's fast, flexible and in some cases better than mt4. Sure, big companies in US can offer better conditions, anyway if you trade with iforex you have much better quality/price ratio. First, minimum initial balance is $100 that much less than many companies have. Another words, what do you want for this price?
  5 Aug 2016  
iforex is scam d'ont pay to my friends winings 20 000 usd
  24 Dec 2012  
i'm really not impressed with this company..they have poor trading platform...this is a horrable company....please dont try ????
  7 Dec 2010  
this platform look simple ok for beginner like me, since i using this platform 6 month ago. for me this platform provide the charting but not showing the open close position and hard to find the exit position. i always got terminated although my internet ok. is that ok for u all...
  9 Dec 2009  
Anybody using their FXnet Platform. It takes tons of download ? Each time you open the plat form it take much download. Why it so Why can'nt they make musch simpler model like Meta trader ?
  4 Dec 2009  
i have been trading with iforex from over 6 months now .. withdrawals are paid on time , i would recommend this firm. contact ,e at niteshseth@yahoo.com if you need more information.
  19 Aug 2009  
I have been with them for 10 months on live account.No major problems experienced.They always paid out my withdrawels on time.
  8 Jul 2009  
they don't have anything and not trust full .
and don't forget they are not registered
tradeplatform not good

  17 Sep 2008  
XM - Industry Leading Global Investment Firm - Big. Fair. Human.

Servicing more than 3.5 Mill clients from more than 190 countries in more than 30 languages. Over 2.5 Billion trades executed with no requotes or rejections. Access to 1000+ instruments from 6 asset classes, 16 full feature trading platforms, 4 trading account types, 25+ secure payment methods and 24/5 personal customer service.

From where you know that they are in the final stages of attaining EU regulatory status?
if a broker is not regulated from the financial authority I can't consider that my money are safe, and if I will have a problem with non regulated broker, the same financial authority will told me that this is your mistake.

  28 Aug 2007  
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