iFOREX reviews

iFOREX_logo iFOREX 3/10 (votes 5227)

On-line since: 2004
Country of origin: British Virgin Islands
Regulation: CySEC
Payment options: Debit or Credit card payment, Bank transfer, Skrill, PostePay, WebMoney
Minimum account size: $100
Minimum lot size: 0.25 lot
Leverage: up to 1:400
Spreads: 3 pips on EUR/USD

The brokerage company iFOREX was founded in 1996. It started operating in the trading services market in 2004. The broker provides access to the forex, commodity, stock and product markets.

Today, the iFOREX accounts are used by tens of thousands traders from different countries. The clients can trade currency pairs, indices, shares, and commodities futures. Trading is carried out through the FXnet platform, its mobile or web versions.

Among the major advantages of the broker are:

  • no hidden charges or additional fees;
  • hedging is allowed;
  • guaranteed stop loss to close deals;
  • one-click trading;
  • account balance protection system.

Also, iFOREX renders several training courses, bonuses on deposits, contests and promotions, as well as additional services for the VIP clients.

On this page you can find the latest comments on the quality of the iFOREX services. If you have a trading experience with iFOREX, leave your reviews.

Add your review

Comments about broker

Ferrari trader
review iFOREX
22-09-22

iFOREX's platform is disappointing in the market, As I had lost almost $250 because of a slippage issue. I have found the price chart is different on their platform. If I can't open or close a position, where I want. So always my prices going in an unexpected direction and I have to pay high spreads. Also, their withdrawal service is a hassle full. iFOREX isn't a reliable broker. I can't put my trust in them.

Josh Ghandos trader
review iFOREX
13-12-21

I don't want to continue my trading with iForex because I feel disappointed after they charged me $80 for my withdrawal process, and it was my first withdrawal after 6 months of trading. I have gained a profit and wanted to withdraw the profit. I sent a withdrawal request and was surprised when they charged $80 for the cost when I got the amount. So I don't want to trade with iForex anymore. I'm looking for broker that doesn't have high cost.

Chiara trader
review iFOREX
29-07-21

iForex is a decent broker but they still need to work on their trading platform. I often encounter technical issues both during calm market condition and high volatility. As a trader, this bothers me because my trades are affected. I already reported it but I have no idea about the action they made regarding this.

Kusnadir trader
review iFOREX
23-03-21

Trading with iForex is only wasting my time. My trading experience with them was very short, but it's so terrible. I put $250 as an initial deposit. After that, my account was supposed to ready for trading, but it crashed and hung most of the time. I have been with them for more than two months, but the platform didn't have any improvement, so I decided to take all of my funds and close my account. But the staff told me that I had violated a policy and I can't take my funds. I asked what they meant, but they couldn't give proof of this violation. This broker is really unclear, and they are so ignorant and useless. In the end, they closed my account without giving me any refund.

Greisk trader
review iFOREX
15-02-21

I started trading with iForex for about three months back and my trading experience was terrible as I ended up losing about 700$. There trading signals are completely incorrect and they also charged for providing trading signals for it without notifying clients. iForex is not a qualified broker. Stay away from them.

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