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iForex group includes 3 related companies.
iForex UK - located in the United Kingdom, regulated by the Financial Conduct Authority (FCA).
iForex CY - located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC).
iForex BVI - located in the British Virgin Islands, regulated by the BVI Financial Services Commission (BVIFSC).
iForex group accepts clients from all over the world, excluding USA, British Virgin Islands, Australia, New Zealand, Israel, Turkey, Iran, Syria, North Korea, Brazil and some OFAC sanctioned countries.
Forex broker offers the following underlying assets for trading.
| 80+ Currency Pairs | Based on major and minor world currencies. |
| 18 Crypto Pairs | Based on Bitcoin, Ethereum, Litecoin, Dash, Ripple, Monero, EOS. |
| 33 Indice CFDs | Based on baskets of different blue-chip stocks, US Dollar Index and Volatility Index. |
| 7 Metal CFDs | Based on Gold, Silver, Platinum, Palladium anf Copper. |
| 6 Energy CFDs | Based on Crude Oil (WTI, Brent, Shanghai), Heating Oil, Gasoline and Natural Gas. |
| 7 Soft CFDs | Based on Cocoa, Coffee, Corn, Cotton, Soybeans, Sugar, Wheat. |
| 700+ Stock CFDs | Based on shares of AU, US, UK, EU and Asian companies. |
| 50+ ETF CFDs | Based on exchange-traded funds containing various tradable assets. |
Registered in the UK, Cyprus, and the British Virgin Islands, iForex is a CFD & forex broker that offers traders worldwide access to high trading leverage, a wide selection of trading instruments, and its own unique trading platform.
Perhaps what is most noteworthy about iForex compared to other brokers is that it can also work as a sort of offshore bank account for its users by paying out a fixed interest rate on deposits made by clients. At the time of this writing, this interest rate is at 3%, and is thus far higher than what is possible to get on US dollar deposits in any major traditional bank.
Also unique about iForex is the proprietary web trading platform and mobile app it offers. Unlike most other trading platforms that are used in the industry, iForex’s platform is designed from the ground up with mobile users in mind, offering an ideal mobile trading experience. However, the web-based platform is still more than powerful enough for demanding traders who like to trade from their desktop computers, and comes with built-in trading signals, live charts, a range of technical indicators, and a dedicated sentiment indicator.
What iForex’s platform lacks, however, is the huge library of custom technical indicators and trading strategies (Expert Advisors) that is available on the MetaTrader (MT4/MT5) platforms. Traders who are specifically looking for access to some of these Expert Advisors should therefore choose another broker that supports the MT4 or MT5 platforms.
In terms of instruments available for trading, iForex offers pretty much everything a trader could ask for. This ranges from single stocks of more than 700 companies from all parts of the world, a large range of forex pairs, many popular cryptocurrencies, a number of the largest global equity indices, as well as a selection of exchange traded funds (ETFs) and commodities.
As with most forex brokers, all assets offered by iForex are traded in the form of CFDs, with leverage going up to 1:400 for international clients and up to 1:30 for EU-based clients (in accordance with regulations from the European Securities and Markets Authority - ESMA).
To fund new trading accounts, iForex accepts deposits made with either credit or debit cards, bank wire transfers, as well as the popular e-wallets Skrill and Neteller. Perhaps surprisingly, and despite being registered and regulated offshore, iForex does not accept cryptocurrency as a funding method.
When it comes to customer service, we are happy to see that iForex offers this throughout the trading day for most parts of the world (04:00-20:00 UTC) via email and dedicated phone lines for 12 different countries.
In summary, we believe iForex has come a long way since its launch all the way back in 2012. With its proprietary web-based trading platform, the broker now has a platform with an interface that has both a modern feel and an intuitive user interface. The broker also offers one of the best mobile trading experiences in the industry thanks to its “mobile first” approach in developing the platform, and may very well become a popular choice in the new generation of retail traders that are used to keep track of their trades on the go.
In terms of pricing iForex is somewhat reasonable, but it could be a tad more affordable.
Honestly, I was surprised that iForex is able to provide a crypto way for making transactions to and from a trading account. I mean, the broker has been operating since 1996 and they are probably one of the oldest brokerage firms and it is really incredible. Of course, I decided to make transactions through cryptos and I didn't have any problems. It should be appreciated among retail traders.
Its reliability, reputation and longevity act as a magnet for experienced traders. Working with such a reliable broker is always a good decision when you intend to deposit a more significant amount to your trading account. One remark only, iForex should think about including some of the MetaQuotes apps in its offer.
I trade some stocks on this broker platform. It seems to me that conditions here are ideal for such trading. I'm talking about trading conditions that iForex has created. For example, I recently opened several short orders on Boeing stocks, and you know spreads were narrow and execution of orders was smooth. In addition, taking into account the size of leverage, I made good profit.
iForex's analytical articles and videos are actually very underrated and not talked about. I have been using "Today's Opportunity" for several months with decent profitability rate. Also the analytics from Walid very often hit the spot, especially on XAU/USD. I mirrored his deals and ended up making a small profit, but I reckon that's because his style is quite conservative, which makes sense.
Despite the fact that iForex doesn't offer many different types of trading accounts like other brokerage firms, their single trading account is not inferior to others in terms of trading conditions. There are quite tight spreads, low cheap swap fees, high leverage and many types of pending orders for comfortable trading. I have nothing to complain about iForex broker!
Must say that feels good to trade with iForex. They have this sleek custom trading software which is different from everything I have seen out there. All I use and need is built-in, from economic calendar to trading signals. No need to mention that it's packed with all the necessary features for charting and technical analyses. Simple advanced and friendly platform.
Here's what I think. iForex has over twenty years in the market, they have a high level reputation going on, and they provide a secure and regulated environment. What do you reckon? Isn't this commitment and dedication to satisfaction? Would they be here if the lacked some high quality traits as a broker? This industry is fierce and very competitive. And if they could survive this long, I think they are offering a unique trading experience with its proprietary platform, tailored to the needs of modern traders. So many assets, bonuses, 1-on-1 training, welcome packages, it's awesome.
Quite a good broker but it is quite different from other companies. I don't want to say that this is a disadvantage, but it may surprise new clients who already have experience of interaction with other brokerage companies.
Apart from the usual leveraged trading, iForex has an interesting non leveraged trading feature. It's something that I see for the first time to be fair. In a nutshell it's the possibility to trade some asset classes without leverage, or with 1:1 leverage. Which reminds me of investing in real assets, because you don't have commissions and swaps. But you have those conditions only on term, you go long for the stocks or cryptos.
My experience with iForex has been great. The platrofm offers plenty of educaional resources, support from a deddicated team, and fast execution speed when placing orders. If you want to optimize your tradiing opportunities, iForex is the way to go.
iForex truly stands out among other platforms. Its unique features, exceptional customer service, and user-friendly interface make it the top choice for traders worldwide. The platform offers an extensive range of financial products and in-depth market analysis in the "Today's Opportunity" section.
In the fast-paced world of trading, every second counts. Understanding this crucial fact, they have implemented numerous strategies to ensure that their platform operates with unmatched swiftness. As a result, their system's most vital asset is its unparalleled lightning-fast loading and execution speed which enables traders to make split-second decisions for optimal results in real-time market conditions. This level of outstanding performance sets them apart as true leaders in the industry.
iForex is certainly in my list of top-tier forex brokers. Mostly because it offers a very secure environment with plenty of trading instruments accessible to use. You can also get the education here, or a personal manager who will provide 1-on-1 training. I haven't used it myself, but I think it's quite valuable for those who enter the market for the first time. I definitely would have benefited from it in the beginning of my trading path.
I feel cozy with the broker. I mean the atmosphere here. It's positive for me. The broker treats me positively and the trading conditions are very good for me. So, I don't expect cunning traps on the part of the broker and can focus on my trading.
I was drawn to this company because of its history initially. However as the time flew, I discovered more and more cool aspects of the broker. One of the recent discoveries was non-leveraged trading. It is a type of investing in any of the stocks or crypto assets.
As for the trading conditions of this broker, they are the top! This is for sure! Because I have already opened trading accounts with other companies, so I have something to compare it with. Now I continue to trade with iForex.
I had some difficulties with understanding how to register here and then following issues with logging into acc, nevertheless I higly appreciate the work of customer support here. As for a newbie, they explained everything in details. Hence, I can't state that it's a flaw, perhaps, I am just dumb as toast :D
