Broker Details
Minimum Trade Size: | 0.015 |
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Maximum Leverage: | 400:1 |
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Minimum to Open Live: | $100 |
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Established: | 1996 |
Address: | 1 Wickham’s Cay, Road Town, Tortola, BVI VG1110, Virgin Islands, British |
Contact: | info@iforex.com, +30-210-374-2599 |
Regional offices: | |
Regulators: | BVI FSC #SIBA/L/13/1060 |
Prohibited countries: |
Trading platforms: | WebTrader, Mobile Trader |
Web Trading: | Yes |
Mobile Trading: | Yes |
Currencies: | (80+) |
Cryptocurrencies: | (15+) Bitcoin, Litecoin, Ethereum |
CFD: | (760+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities |
Scalping: | Yes |
Deposit Methods: | Bank Wire, VISA, MasterCard |
Withdrawal Methods: | Bank Wire, VISA, MasterCard |
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Traders Reviews
2 years of positive experience
Service use: Live
Length of use: over 1 Year
In fact, iForex is a nice place to trade, especially because of its trading platform, FXnet is one of the best as on my own, I have tried MT4 as well with other brokerage, but it doesn't worked out for me, it's too complicated. I know that people have different tastes, but imo, MT4 better suits for professional traders, but if you're semi-pro, I don't think that's the best choice.
So now I'm trading with iForex and I'm keep making money. Can't say that the money is big, but my efforts are justified now + I'm independent in my earnings.
They taught me to trade
Service use: Live
Length of use: 6-12 Months
You know that some brokers have a very high entry threshold because they target high rollers first. When you see their minimum deposit starting at $10,000 or even more, you understand that it’s not for you. iForex allows to start with one hundred bucks. I know that it’s not unique, but nevertheless, I appreciate it. Considering their educational program, I think that trading with this broker is the right move. After all, for their exclusive coaching they could take more money, raising fees or minimum deposits, but they didn’t and I’m grateful for this.
I told about their educational program. It’s really cool. They give you a personal coach who teaches you and it’s much better than attending numerous webinars. If you don’t understand something, your tutor explains it to you and you go ahead. If you try to learn complex things on your own, your knowledge is distorted once you try to go ahead, while misunderstanding something. A professional coach can timely correct your educational process and that’s the main value of iForex.
good trading conditions, but I don't like trading platform
Service use: Live
Length of use: 6-12 Months
The best trading education
Service use: Live
Length of use: 0-3 Months
What can I say about iForex? They have an excellent education. For example, you can learn personally with a teacher. But the trading conditions are absolutely average for the market here. To be honest, I expected more. For example, having an account with some ultra-tight spreads. But it is not.
However, there is good analytics and a lot of useful information on trading. I'm satisfied with iForex so far. So, I'm staying with the company.
nice trading experience, but i don't like support there
Service use: Live
Length of use: 3-6 Months
"ok brokerage with a few cons
Service use: Live
Length of use: 6-12 Months
I don't like there's only FXNet available, really. That's 2020, there's no problem with launching 2+ trading platforms, there is cTrader, MT5 and many others. But iForex offers only own platform and it's quite a convenient one, yeah. But only until you decide to use something like EAs. So I don't know what a problem to add one more platform, that would be a cool feature.
The same thing with spreads, they're tight 70-80% of time, but sometimes they're going really high (like 2 pips on EURUSD), so if you're short-term trader, sometimes you would overpay.
I don't mean that brokerage is bad, it has it own advantages and for common typical trader it will be a fine choice.
I love trading
Service use: Live
Length of use: over 1 Year
I had different things happening here - I was getting a good profit (higher than I expected), I was losing, but I think it's okey, similar things can take place in any business, we should be ready for them.
Concerning this company, I got a favorable impression, because I noticed that there are more services presented than in many similar companies, so accordingly I have more opportunities to realize what I like.
For example, there's a demoand that's not limited, I can use it whenever I want.
The spreads here are only fixed, I would certainly like to try other kinds of spreads, but it's not necessary, I'm okey with fixed ones.
And there is also a great mobile application, which helps me to trade even when I'm without access to my PC, that's extremely convenint sometimes.
So, I really like trading and this brokerage satisfies my demands..
My first broker
Service use: Live
Length of use: 0-3 Months
Secondly, I took advantage of their educational program, in particular, a substantial trading course with a personal coach. I was lucky to take this course for free. Perhaps, it was just a temporary gift, I don’t know, but I luckily didn’t overlook it.
Having educated on the subject, I traded a couple of months and tried to withdraw a small amount with Skrill. I did it. It makes me want to keep trading with this broker.
New attitude towards trading
Service use: Live
Length of use: 6-12 Months
Now it's been about 8 months since I started trading with it. And I am very glad that I decided to go back in that business and continue trading with it. Now I feel that trading has become something more than just a hobby for me. I wouldn't say it's all thanks to my brokerage, no. But it did affect me as a trader and my attitude towards trading itself.
I really like the trading conditions of this broker. It has a lot of assets to trade with, including various rare ones (about 800 assets in total), as well as its own trading platform. I like brokers with their own trading platforms. Yes, its functionality isn't as broad as in MT4, for example, but it has a high level of reliability and a user-friendly interface.
For now I like trading with iForex, it is comfortable and profitable to trade with it. But the most important thing is that you can trust this brokerage. That's why I've been trading with it for so long, and I'm not going to stop.
Service use: Live
Length of use: 0-3 Months
So, I did it. I opened an account, deposited funds and got down to trading. I liked their custom platform. It seemed no less functional than Mts I tried before. I didn’t face any problems with the trading process - the broker placed my orders instantly. Their leverage 1:400 is sufficient for me.