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iFOREX Reviews written by real traders

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  23 Aug 2023
Hi All. Iforex is most worst company as they will promise you for bonus and as soon you deposit they will deny and wont answer any email above this if they even add bonus when you start making profit they will remove it immediately.
  22 Aug 2023
I've been trading with several brokers over the years, and I must say, my experience with iFOREX has been less than satisfactory. The service quality leaves a lot to be desired. Multiple times, I've felt as though I was not getting the support I needed. For a broker that's supposed to be well-established, withdrawal issues seem to be a constant problem. I've waited for longer than their specified time frame on three separate occasions. It's frustrating when you can't access your own funds. One of the most disappointing aspects of iFOREX has to be their customer support. I've sent numerous emails detailing my concerns, but the responses are either delayed or non-existent. A broker without good customer support is a red flag in my books.
  27 Jul 2023
I've had numerous issues with the trading platform. From sudden freezes to unexpected logouts, it's been a challenging experience trying to execute trades. Not to mention the losses incurred because of these glitches. While the initial low fees attracted me to iFOREX, I've found that there are many hidden commissions and fees that aren't transparent. It feels like they're just trying to nickel and dime their traders. If reliability is what you're after, I wouldn't recommend iFOREX. There have been several instances where the platform has been down during peak trading hours. As a trader, this is the last thing you want.
  6 Jul 2023
While they claim to be regulated, upon further research, I've found some inconsistencies in their regulation claims. It's concerning when a broker isn't transparent about their licensing. Order execution has been a constant struggle. Slow order execution times have resulted in missed opportunities and unexpected losses. For those who value speed in their trades, iFOREX might not be the best option. The analysis tools provided seem to be outdated and ineffective. I've tried using them to gain insights, but they've not been very helpful. Other brokers offer far more advanced and accurate tools. There's a significant amount of instability on the trading platform. From random crashes to inconsistent chart updates, it's made me question the integrity of iFOREX as a broker. I'm currently considering switching to a more stable platform.
  6 Jun 2023
Well, I decided to leave a review, maybe it will be useful to someone. I had experience with other brokers. At first they lure you with bonuses, the first deposits and withdrawals go without problems. But when you start to replenish an impressive deposit, this is where the problems begin. Well, that's in the past. I consider the advantage of iFOREX is the work of the platform. I am a scalper, I care about the speed of trading execution, which iFOREX can boast of. This is a significant advantage of the broker. I trade, withdraw funds. Everything is fast. If you want to save your nerves, then you will like trading with iFOREX. All success and good profit!
  4 Jul 2022
Beware, pure scammers! They work according to a well-established scheme - they lure you with profitable deals on the forex market, virtually everything looks like trading, they artificially make deals profitable, and when the time comes for withdrawals, then some reason will suddenly appear: either they closed the position in the wrong way, or with the wrong volume, etc. As a result, the accounts will be frozen, offering to add endless funds, supposedly to fix the problems that have arisen!
  16 May 2022
iForex is scam, cannot withdraw your money on easy. don't trust iForex.
  29 Mar 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.
  19 Dec 2021
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.
  31 Aug 2020
IFOREX is bad and don't pay back your deposited money easily and they procrastinate in paying.
  1 Jun 2020
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.
  27 Apr 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.
  5 Aug 2016
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?
  24 Dec 2012
iforex is scam d'ont pay to my friends winings 20 000 usd
  7 Dec 2010
i'm really not impressed with this company..they have poor trading platform...this is a horrable company....please dont try ????
  9 Dec 2009
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...
  4 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 ?
  19 Aug 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.
  8 Jul 2009
I have been with them for 10 months on live account.No major problems experienced.They always paid out my withdrawels on time.
  17 Sep 2008
they don't have anything and not trust full .
and don't forget they are not registered
tradeplatform not good
  28 Aug 2007
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.
  11 Aug 2007
this platform seem similar to easy forex.com.any one has a comment abt this? How long the company has been offer thier service to the trader's.I never heard before..thanks
  18 Jun 2007
The company itself in under the Formula Investment House (swiss company)with BVI, and in the final stages of attaining EU regulatory status.
  14 Jun 2007
Good question!
  7 Jun 2007
Does any one knew where this broker is regulated, i went through their website and
I couldn't figure it out. please help
This is not a registered and not a proper company. all activities are totally fraud in this company.
Jerald   29 Apr 2022
  30 May 2007
Really good company.

In the sprawling universe of investment entities, iFOREX Europe stands tall as a regulatory beacon, intricately catering to the nuanced needs of modern-day investors and traders. Steeped in the wisdom of the digital renaissance, our core vision resonates with the ever-transforming aspirations of today's tech-savvy investors. We open the doorways to the pulsating heart of dynamic financial markets, drawing inspiration from the illustrious legacy of the iFOREX group—a heritage enriched...

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