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+STP

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

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
Products For ECN Account:	---
Products For VIP Account:	FX
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:	NO
- 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:	-

12 customer reviews

4.7 out of 5 stars

From 4 to 5

11
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

91%
Features - API, News Service

94%
Support - Fund Options, Integrity

96%

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Franco Plata

Public Review

1 rating

Decades in the market - credible broker

8 months ago.

Broker Review - Overall

It's decent trading, you can trade any asset you want, and i remember first signing up I was welcomed nice with a beginners pack. its' a good idea from iforex to be honest, 1on 1 talk and videos just help you start trading better. It's not their 1st year in the market, they know what they are doing.

Broker Advantages

Credibility is the biggest advantage, because it's about money and you need to make sure you can trust it. Almost 30 years in the market.

Overall Trading Experience

I'm trading for a couple of years now, and I just needed a decent broker to trade with

Trading Experience with this Broker

There's no disadvantages part so I'm going to write it here to make it fair. The disadvantage from the broker for me is they don't have MT platforms, only what they offer. It's a bit confusing and not as comfortable as MT, and hopefully they are going to add more platforms this year.

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

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Patricio Febles

Public Review

1 rating

Easy onboarding

1 year ago

Broker Review - Overall

Been trading here for a little more than a half a year.. Not only trading, I have been learning and growing as a trader with their excellent support with educational resources ?
I don’t know how good this platform is for exxpreiced traders, i’m sure it is, but if you are a newbie like me, this is the best place to start with. They offer great welcome package which includes top education stuff

Broker Advantages

Platform is easy to understand even for not pro traders, execution speed is fast, and news feed… the market range is sufficient, and the entry threshold for a live account is reasonable and affordable for everyone, even for new traders

Overall Trading Experience

1 month on a demo
6 months on a live real trading account

Trading Experience with this Broker

1 month on a demo
6 months on a live real trading account

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

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Chand Badakar

Public Review

1 rating

A good platform

1 year ago

Broker Review - Overall

I cant lie, I did not expect much from this platform but the platform is great, The trade execution speed I have no issues with and it is easy to use the features available and also navigate.

Broker Advantages

I didn’t seeing the broker as a place one can grow initially but it’s proved to be worth it especially with the safe funding options and there are no hidden fees or conditions…The spreads are also tight with updated market news

Overall Trading Experience

I have been trading forex pairs and cryptocurrency with the real account for about 3 years now and I have had a generally positive experience.

Trading Experience with this Broker

Before I start to trading on the real account, I spent 7 months learning the ropes with the demo account and educational materials and it has really paid off

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

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Uday Sathe

Public Review

2 ratings

iForex broker

1 year ago

Broker Review - Overall

I have worked with numerous brokerage firms and many of them were not able to meet all my expectations and requirements. Finally, after a while I stumbled upon the iForex broker and I can say this is an ideal broker for my objectives. ?

Broker Advantages

Their proprietary trading platform is really a flagship product compared to other platforms I have used before. It is equipped with an economic calendar and trading signals. There are lots of advanced charts and features for convenient trading on financial markets that increase your chances of being a successful trader. ?

Broker Disadvantages

I don’t want to go harsh on the support team, they are competent and they know how to provide extensive responses, but there is a little flaw, this is the speed of answer, they could answer questions faster to be called an ideal support team. ?

Overall Trading Experience

I have been trading for over 1,5 years and if i’m not mistaken, for the first 5 months, i have been trading only on a demo account and after that switched to real trading. ?

Trading Experience with this Broker

In general, as i mentioned before, this broker is an ideal choice for me and i’m sure i will be trading here for many years! ?

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

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Anton Axinte

Public Review

2 ratings

Decent

1 year ago

Broker Review - Overall

Well, to my surprise, iForex seems to be quite decent! Everything that an experienced trader such as myself requires to get involved and start to make some moves are available here.

Broker Advantages

a) User-friendly platform

b) Awesome educational resources

c) Great customer support

Broker Disadvantages

a) The withdrawal processing times can also be a bit sluggish you know we move fast

Overall Trading Experience

My trade experience so far has been roller coaster but I have gotten to the point where I am comfortable and confident in my trade.

Trading Experience with this Broker

As with most of the iforex reviews you would see online, this broker excels in performance, usability, as well as the other features are right on the button.If I could comment on the spreads &fees on fx too, they are superb.

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

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