iFOREX Reviews and Comments
Add ReviewTrading 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.
Abhijeet 1 Jun 2020 Reply
Abhijeet 1 Jun 2020 Reply
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.
Dharmesh Patel 27 Apr 2020 Reply
Dharmesh Patel 27 Apr 2020 Reply
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?
i_Max 5 Aug 2016 Reply
i_Max 5 Aug 2016 Reply
i'm really not impressed with this company..they have poor trading platform...this is a horrable company....please dont try ????
gurparvesh 7 Dec 2010 Reply
gurparvesh 7 Dec 2010 Reply
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...
harkulis 9 Dec 2009 Reply
harkulis 9 Dec 2009 Reply
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 ?
Ramji 4 Dec 2009 Reply
Ramji 4 Dec 2009 Reply
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.
Nitesh 19 Aug 2009 Reply
Nitesh 19 Aug 2009 Reply
I have been with them for 10 months on live account.No major problems experienced.They always paid out my withdrawels on time.
George - SA 8 Jul 2009 Reply
George - SA 8 Jul 2009 Reply
they don't have anything and not trust full .
and don't forget they are not registered
tradeplatform not good
mehmet 17 Sep 2008 Reply
and don't forget they are not registered
tradeplatform not good
mehmet 17 Sep 2008 Reply
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.
Karen 28 Aug 2007 Reply
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.
Karen 28 Aug 2007 Reply
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
joemill 11 Aug 2007 Reply
joemill 11 Aug 2007 Reply
The company itself in under the Formula Investment House (swiss company)with BVI, and in the final stages of attaining EU regulatory status.
Nir 18 Jun 2007 Reply
Nir 18 Jun 2007 Reply
Does any one knew where this broker is regulated, i went through their website and
I couldn't figure it out. please help
Joe 7 Jun 2007 Reply
I couldn't figure it out. please help
Joe 7 Jun 2007 Reply
iFOREX
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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...
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Ahmad 31 Aug 2020 Reply