iFOREX

Operational Since:

1996

Country where domiciled:

Greece

International offices:

Cyprus, Greece, Hungary

Regulation:

YES - Cyprus Securities and Exchange Commission (CySEC) under license no. 143/11

Broker Status:

Independent broker -

Broker Type:

Market Maker

US Clients Accepted:

Average Monthly Volume In USD:

Source To Prove Volume:

BROKER WEBSITE

Accounts

Mini Account:	NO	Minimum Deposit ($US):	-
Standard Account:	YES	Minimum Deposit ($US):	$100
ECN Account:	NO	Minimum Deposit ($US):	-
VIP Account:	YES	Minimum Deposit ($US):	$2000
N/A:	YES	Minimum Deposit ($US):	N/A
N/A:	YES	Minimum Deposit ($US):	N/A
N/A:	YES	Minimum Deposit ($US):	N/A
Base account Currencies offered:	USD, EUR, GBP, JPY, CHF

Leverage

Maximum Leverage for Mini Account:	-
Maximum Leverage for a Standard account:	400/1
Maximum Leverage for an ECN account:	-
Maximum Leverage for a VIP account:	400/1
Maximum Leverage for N/A:	N/A
Maximum Leverage for N/A:	N/A
Maximum Leverage for N/A:	N/A

Lot Size

Minimal lot size for a Mini account:	-	Increments:	-
Minimal lot size for a Standard account:	0.1	Increments:	-
Minimal lot size for an ECN account:	-	Increments:	-
Minimal lot size for a VIP account:	0.1	Increments:	-
Minimal lot size for N/A:	N/A	Increments:	N/A
Minimal lot size for N/A:	N/A	Increments:	N/A
Minimal lot size for N/A:	N/A	Increments:	N/A

Payment Options

Deposit Options:	Bank-Wire Transfer, Credit Card, Neteller, Western Union, Skrill
Withdrawal Options:	Bank-Wire Transfer, Credit Card

Products

Products for Mini Account:	---
Products for Standard Account:	FX, Metals, CFDs, Stocks, Futures and Options
Products For ECN Account:	---
Products For VIP Account:	FX, Metals, CFDs, Stocks, Futures and Options
Products for N/A:	---
Products for N/A:	---
Products for N/A:	---

Spread & Commission

Commission:	NO	Account:	-
Commission Fees:	NO
Spread type (Fixed,Variable):	Both	Accounts:	-
Spread on EURUSD on a Mini account:	-
Spread on EURUSD on Standard account:	2.0 Minimum
Spread on EURUSD on ECN account:	-
Spread on EURUSD on VIP account:	2.0 Minimum
Spread on EURUSD on N/A:	N/A
Spread on EURUSD on N/A:	N/A
Spread on EURUSD on N/A:	N/A

VIP Benefits

Premium Trading Conditions For VIP Clients Both Retail And Institutional:	YES
Premium Trading Conditions Offered:	Integrated Trading Signals System, Tighter Spreads, Minimum Deposit: contact for tailored accounts
Briefly describe main Advantages:	N/A

Trading Terms

News Trading:	YES
Mirror/Social Trading:	NO	Mirror Trading Providers:	-
Scalping:	YES
Hedging:	YES
Expert Advisors:	NOT APPLICABLE
Trading platforms available:	FXnet Trader
Trading platform's Time zone:	GMT
Decimal Pricing:	4 Digits
Execution:	Both - Market and Instant execution	Accounts:	-
Total Number Of Liquidity Providers:	-
ECN/STP Liquidity Provider:	-
ECN/STP Working With:	-
Trailing Stops:	YES
OCO Orders:	YES
One-Click Execution:	YES
Mobile Trading:	YES
Web-Based Trading:	YES
API Solutions:	YES
Currency Pairs Total:	40	Exotic Pairs Included:	-
Gold, Silver:	Both
Oil:	YES
CFD’s:	YES
MAM/ PAMM solutions For Fund Managers:	YES
Managed Account Services For Investors:	NO
Swap-Free Accounts:	YES
- Available To Anyone:	NO
- Islamic Clients:	YES
- Restrictions Applied:	YES
Segregated Accounts:	YES
Interest On Unused Margin:	NO
Bonuses Or Rewards:	YES
Trading Contests:	NO
Binary Options:	YES
Spread Betting:	NO
Trading On Bitcoin:	NO
Affiliate Program:	YES
Affiliate Programs Offered:	CPA and Revenue Share
Conditions For Affiliates:	http://www.iforexpartners.com/
Awards won:	-

6 customer reviews

4.7 out of 5 stars

From 4 to 5

5
From 3 to 4

1
From 2 to 3

0
From 1 to 2

0
From 0 to 1

0

Platform - Performance, Usability

91%
Pricing - Spreads, Fees

94%
Features - API, News Service

96%
Support - Fund Options, Integrity

94%

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Joel Pires

Public Review

1 rating

Decent one

3 months ago.

Broker Review - Overall

The broker is a decent solution for traders that are just starting their way in this business.

Broker Advantages

Certainly the spreads and the economic calendar right on the platform.

Broker Disadvantages

The platform itself can be tricky,as it’s a custom development of the broker.

Overall Trading Experience

six months live and god only knows how much time on a demo

Trading Experience with this Broker

no demo, just 2 months of real trading experience

Platform - Performance, Usability
80%
Pricing - Spreads, Fees
90%
Features - API, News Service
100%
Support - Fund Options, Integrity
80%

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Nihal Kishore

Public Review

1 rating

The unique broker

4 months ago.

Broker Review - Overall

I've been trading with iForex for a while now, and I must say that I'm impressed with their services. As a trader, I appreciate their dedication to providing a personalized and different approach to trading as they provide their own trading platform which is different from the others. It is very easy to adapt to or learn and it performs very well.
Additionally is the Green Trader Initiative which is a unique offering from iForex.

Broker Advantages

+ Proprietary trading platform
+ Leveraged and non leveraged trading
+ Green trader
+ Free education

Broker Disadvantages

Just one trading platform

Overall Trading Experience

2 years live + 7 months demo

Trading Experience with this Broker

5 months live + 1 month demo

Platform - Performance, Usability
100%
Pricing - Spreads, Fees
90%
Features - API, News Service
100%
Support - Fund Options, Integrity
100%

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Ratan Chan

Public Review

1 rating

Mobile application

9 months ago.

Broker Review - Overall

It's great that the broker has such a great mobile app! It has all the necessary tools, and therefore it is very effective. Thanks to it, I can trade during breaks from my main job.

Broker Advantages

Many functions and user-friendly interface.

Broker Disadvantages

Unfortunately, I didn't start using the mobile app at the beginning.

Overall Trading Experience

About 2 years

Trading Experience with this Broker

About 1 year

Platform - Performance, Usability
100%
Pricing - Spreads, Fees
100%
Features - API, News Service
100%
Support - Fund Options, Integrity
90%

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Malik Munshi

Public Review

1 rating

Review

10 months ago.

Broker Review - Overall

Nice broker with a large list of tradable assets, handy trading platform with smooth interface, and great conditions for clients. Could be a good choice for both beginners and experienced ones.

Overall Trading Experience

1,5 years live account trading and 2 months demo account trading

Trading Experience with this Broker

9 months live account trading

Platform - Performance, Usability
80%
Pricing - Spreads, Fees
80%
Features - API, News Service
90%
Support - Fund Options, Integrity
90%

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Jan Podzimek

Public Review

1 rating

Forward thinking broker

11 months ago.

Broker Review - Overall

I have to admit, this is a very impressive broker. Forward-thinking with a couple of initiatives to battle climate change; is a first. But asides from that, Iforex has excellent trading conditions and a great platform with ample learning opportunities and one-on-one sessions for traders.

Overall Trading Experience

1 year 6 months

Trading Experience with this Broker

5 months

Platform - Performance, Usability
100%
Pricing - Spreads, Fees
100%
Features - API, News Service
100%
Support - Fund Options, Integrity
100%

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