iForex.com (.in, .hu) Review

3.119 · 140 REVIEWS

Formula Investment House Ltd

Black Pearl Securities Limited

iCFD Limited

Updated: Nov 30, 2020 · Visit site  · Is this your company?

iForex is a forex broker. i Forex offers the Mobile and Web Based trading currency platforms. iForex.com offers over 80 currency pairs, cryptocurrencies, indices, shares, ETFs, gold, silver, commodities and cfds for your personal investment and trading options.

iForex.com (.in, .hu)
Other websites of this company include Vestle.com, Vestle.it.

The default language is Chinese but English is available in the language button at the upper right corner.

Broker Details

Minimum Trade Size: 0.015
Maximum Leverage: 400:1
Minimum to Open Live: $100
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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3.119 · 140 REVIEWS
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Traders Reviews

Phnom Penh, Cambodia,
Aug 21, 2020,

It's been a year...

Service use: Live

Length of use: over 1 Year

I opened an account with iForex a year ago. It turned out to be quite a reliable brokerage, with which it is pleasant to work.
It even has its own trading platform, which is almost as functional as the popular MT4, but it is more convenient in my opinion. I personally opened an account with a broker only because I didn't have much trading experience a year ago. And iForex offers a rather cool free training program. And I, being a beginner at that time, couldn't resist such an offer ;)
But when I finished the training, I realized that I didn't want to change my broker, as I was quite satisfied with my current one. A year has passed since then, I still trade with iForex, and I like it.
Bandar Seri Begawan, Brunei Darussalam,
Aug 16, 2020,

iForex is a great...

Service use: Live

Length of use: 3-6 Months

iForex is a great brokerage. I like everything about it - its trading conditions, the very reliability of the broker, trading analytics and other things.
It has a lot of assets to trade with, like really a lot. Also, the broker is doing good with the regulator, I can not worry about my investments at all, as with this broker they will be really safe.
The only disadvantage of a broker, what I didn't like personally, is its trading platform. In terms of functionality, the iForex' platform is a bit weaker than MetaTrader, but it isn't even what I don't like about it.
What I don't like most of all is that like I have to get used to this new platform again. It is a bit unusual for me, and for that I'll take one star off my rating.
But it's really the only minus of a brokerage that I don't like about it. Otherwise, iForex is very pleasant in its work, it has a lot of training types and have other strong sides. And I personally didn't have any problems in trading with this brokerage at all. If there were any problems from the technical aspect, it all was solved very quickly.
Trieu Uong,
Ho Chi Minh City, Viet Nam,
Aug 11, 2020,

You have to act all the time and remember to analyze errors.

Service use: Live

Length of use: 6-12 Months

Because a theoretical trader will never become a professional without practice. And the one who doesn't understand why he fails, will never get out of losses.
I want to say that we need to approach the market consciously and with a specific plan of action. Because this is a serious business with unlimited opportunities.
I am quite satisfied with this brokerage company for several reasons - a convenient iforex trading terminal with a high-quality mobile application, a really impressive set of assets (including stock exchange index funds), as well as pleasant bonuses and daily updated analytics, which allows to keep abreast of all important events and develop in the direction of fundamental analysis.
mumbai, India,
Jul 28, 2020,
Registered user

फेक पोर्टल

Service use: Live

Fake froud log +30-210-374-2595 or by email to compliance@iforex.com This is not a trading site, it is just a Fake Portal, Malayali MadarChod people are a no-fraud, its operator, once you register, you will put $ 100, after that your money is gone, there is no link to any trading stock site. People are the number one thief fake site, no one should add a rupee by mistake nor register. On this site, the mother of the people fake the number of the web and make the people thieves. The thief is the number one criminal. These people have made money to pickup their mother's sister, but have not made any money by mistake.
Tito Sekinat,
Lagos, Nigeria,
Jul 26, 2020,

Nothing special, but ut's good

Service use: Live

Length of use: 3-6 Months

I saw that iForex was called a tier-1 broker. I think it's too much, as I noted some weak points. However, this broker is good if you compare it with the industry average.
I mean, I don't consider iForex a tier-1 broker, my trading experience here confirms my opinion, but I cannot be negative about this broker either.
Rather, I just got what I expected.
The minimum deposit is $100, but be prepared that it is impossible to trade with such funds. You should invest more if you plan to earn here (but it is good that you can try trading).
The main disadvantage that beginners can face is the hidden information about account types. You only get the information after you have registered, I see that this is incorrect.
Diego Collado,
Paracuellos de Jarama, Spain,
Jul 23, 2020,

Don't be afraid of difficulties - be afraid of lack of results.

Service use: Live

Length of use: over 1 Year

Yes, that's my slogan in trading, and that's my slogan in all the things that I devote my time to, because it's the lack of action that slows down the development of man in any sphere. I am embarrassed by people who say that they are waiting for certain conditions to start doing something, it only speaks about their uncertainty or lack of desire to do something.
And I act in a very different way. I won't talk about my successes and failures, but I will tell you what this company has given me and what I've learned to use to my advantage. And maybe it'll be good for one of my colleagues.
1. Demo. It is provided here immediately after the incorporation and has no expiry date. So, a beginner trader can use it to get used to the terminal. And a trader with experience can use it to study some strategy.
2. The trading terminal. This is a personal development of the company. It is a bit less functional than MT, but it has good speed and all basic tools.
3. Personal training. Here you can talk about trading with an online trader, ask all clarifying questions, discuss strategies - it is really convenient. And it can help you get acquainted with the market in the shortest possible time.
Mazeikiai, Lithuania,
Jul 20, 2020,

Good brokerage to start trading with

Service use: Live

Length of use: 6-12 Months

I can recommend iForex for one simple reason. My experience confirms that this broker is reliable enough to trade here.
It all starts with the trading platform. Here iForex isn't afraid to challenge MT4 by offering FXNet to traders. I think it makes no sense to have a debate about which platform is better, but for me FXNet is convenient enough to trade with it all the time.
Another important thing is withdrawal and slippage. Many brokers are at this stage. Some of them have problems with withdrawals, others have very routine slippages. iForex is good in this regard, money comes quickly and slippages are rare. That's all I want to say, you decide.
Duko Mirkich,
Belgrade, Serbia,
Jul 15, 2020,

I chose this company for several reasons.

Service use: Live

Length of use: 3-6 Months

1. A huge set of assets, including rare ones - only over 1000 instruments.
2. There is a negative balance protection, i.e. I do not need to control my orders every minute.
3. There are no exaggerated withdrawal fees, etc., no surprises.
Ratchathewi, Thailand,
Jul 15, 2020,

good trading platform

Service use: Live

Length of use: 3-6 Months

My opinion is 100% positive, as I've 5 years of trading experience with this brokerage and for that time iForex has proved that this brokerage can be trusted. Brokerage was established back in 1996 and that was the reason why I've chose it to trade with. It has long experience and positvie reviews, so for my that was a sign that I have trust my money to this company. My judgements were 100% justified.
I've started with $200 deposit, but now my deposit is much larger (as I made re-investments) and brokerage is still good. I see no serious slippages, but unserious (that don't affect my trading) sometimes occure. The only thing I really wish is the opportunity to choose between FXNET and Metatrader, that would be awesome.
Brussels, Belgium,
Jul 14, 2020,
Registered user

Not regulated

Service use: Live

Length of use: 3-6 Months

I know for a fact that one of their customers committed suicide as they didn't know what they were doing.

So stay away from this broker.

They are NOT regulated in the same way reputable brokers are.

Cyprus regulation is NOT comparable to, say, the FCA.

I'm also convinced their platform did not show the real price action and there is some stop hunting going on.

Some of the ratings here seem fake.

If the rating by an ex-employee is real then you have every reason to go elsewhere.