iForex Review

iForex
Bonus of up to $5000
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Overview

iForex was founded by a group of bankers and forex dealers in 1996. However, it was only in 2004 that iForex took the major leap to foray into online trading. Since then, iForex have managed to grow by “tens of thousands, generating mass trading volume and providing vast liquidity to traders located across the globe.”…

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Details

Broker iForex
Website URL www.iforex.com
Founded 1996
Headquarters Athens, Greece
Type of Broker Dealing Desk
Support Types Chat, e-mail, Phone
Languages Hebrew, Indonesian, Malaysian, German, English, Spanish, French, Italian, Hungarian, Dutch, Polish, Portuguese, Romanian, Filipino, Turkish, Russian, Arabic, Chinese, Japanese
Trading Platform iForex Trading Platform
Minimum Deposit $100
Bonus Bonus of up to $5000
Max Leverage 1:400
Free Demo Account Open Demo
Regulated Yes
Regulation PSZAF, CYSEC
One-Click Execution Yes
Account Types Mini Account, VIP Account, Islamic Account (Swap Free), Institutional Accounts
Deposit Methods Bank Wire, Credit Cards, Debit Cards, eWallets
Withdrawal Methods Credit Card, Wire Transfer
More Instruments Metals, Oil, Indices, Commodities
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 4.3/5.0

Screenshots

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Pros

  • Scalping
  • Mobile Alerts
  • E-mail Alerts

Cons

  • No Trailing Stops

Review

iForex was founded by a group of bankers and forex dealers in 1996. However, it was only in 2004 that iForex took the major leap to foray into online trading. Since then, iForex have managed to grow by “tens of thousands, generating mass trading volume and providing vast liquidity to traders located across the globe.” To distinguish itself from other brokers, iForex has adopted a policy of providing their clients with tight spreads, live market pricing via a direct link to the interbank market rates and letting their traders fully utilize the margin allocated to them. In addition, iForex has also employ safeguards like negative balanceprotection to protect their traders from over trading.

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