Month: August 2024

IFOREX was founded in 1996 by a group of bankers and forex traders. TradingFinder.com offers information for educational purposes only and is not responsible for any financial losses or decisions made based on its content. “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. IFOREX does not charge deposit/withdrawal fees, but third-party payment providers may apply fees or currency conversion charges.

We truly appreciate your feedback and are glad to hear that you recognize the quality of our proprietary platform. They really managed to create top platform. Let us not lie to ourselves, there is no one size that fits all when it comes to trading. While we aim to provide the best service possible, there can be instances where miscommunication or technical glitches occur.

Customer Reviews and Trust Scores

Traders can easily find information for major trading products such as CFDs and forex. IForex also shows trading sentiment on their mobile app. They also offer traders to practice with a demo account. Furthermore, trading in iFOREX offers a range of soft commodities including soybeans, wheat, corn, cocoa, coffee, and cotton. This broker advertises direct access to global markets, including 90 currency pairs, commodities, indices, shares, ETFs, and cryptocurrencies. Clients who open accounts in iFOREX are therefore able to trade whenever they choose, using the system they prefer while receiving instant professional support when needed.

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. We provide objective, data-driven advice to help you on your trading journey. They hold a license from CySEC, a regulatory body that enforces strict guidelines and provides protection for traders in the EEA. Our iForex review team finds this to be a reasonable point of entry for beginners, while seasoned traders will enjoy the VIP entry point of $2,500.

• As already mentioned, traders can go long or short and use leverage on these assets.
• They have zero care for clients, no proper response.Timelines are not met for withdrawals.
• IFOREX stores all client funds in leading banks, fully segregated from company capital.
• Trading forex is one of the most popular trading options.
• While many traders appreciate the educational resources and transparency offered by iFOREX, it’s essential to consider both positive and negative feedback before engaging with the platform.
• This broker offers two promotion packages centered on education, namely, the iFOREX Education Package, and the iFOREX Pro Package.
• Traders can open live accounts in multiple currencies, including INR, USD, EUR, GBP, JPY, and CHF.

I was on this platform from last 13 years i never made a money out of it. Please contact us Huge spreads, poor (slow) executions, putting money in is easy, getting it out takes forever, bad costumer service. I am struggling with this company to provide my withdrawal since last month.

Online chat is available for both new and existing clients. For example, there is no automated trading algorithms, or an ability to engage in social trading. Furthermore, iFOREX has very few special features commonly found in other brokers. The mobile app has advanced security measures such as fingerprint match identification to open the app for trading. The information is displayed, and various technical studies can be easily added to help make trading decisions.

Holding over 16 years of experience in global financial markets, and 4 B.A. IFOREX stands out as a reliable broker with over 25 years of experience, offering a user-friendly proprietary platform, vast educational resources, and strong security features. This streamlined approach ensures that traders are well-supported throughout the account opening journey.

Under the European Economic Area (EEA) agreement, Forex brokers in Cyprus are allowed to offer their services to traders from all over the EU through a valid CySEC license, which in turn subjects CIF and iForex to the scrutiny of all authorized regulatory organization in the EU. IForex is a regulated broker, which guarantees the safety of your funds against any broker misuse. In fact, $100 might be entitled to a true ECN account at other competing brokers, which might put the broker at a disadvantage in light of its competition.

• IFOREX operates in over 120 countries, offering localized customer support to traders worldwide.
• Furthermore, trading in iFOREX offers a range of soft commodities including soybeans, wheat, corn, cocoa, coffee, and cotton.
• Existing iForex clients, as well as new traders, can be assured of the safety of their trading capital through the ICF (Investor Compensation Fund), which guarantees up to €20,000 in compensation if a broker is rendered bankrupt or insolvent.
• You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
• This further increases the safety level, as even if the broker gets liquidated, traders will keep access to their own funds.

Deposits are welcome but they do not give two hoots when you are running after your withdrawals.They just try to delay withdrawals by any means.All in all they do not even tell you about ulta low spread account This platform is too much Good, Deposit and withdrawal is very easy process. They have zero care for clients, no proper response.Timelines are not met for withdrawals. I am kinda suspicious about web traders beacuse I witnessed many that are not so great.Metaquote do have fine software, after all, so why should i replace them? As I am from the team of positional traders, swaps is something that have weight for me. On top of that, customer care is good.

What are OANDA’s hours of operation?

We truly appreciate your feedback and are glad to hear that you value our CySEC regulation, investor protection, and credibility within the trading community. Thank you for giving iFOREX a full 5-star review! IForex is cysec regulated, which means moderate leverage to reduce the unnecessary risks. I am still learning and miss confidence, but here comes handy the daily trading opportunities they share for each day.

The platform is suitable for beginners and professionals alike, with a minimum deposit of $100, making it accessible to a broad range of traders. IFOREX offers an extensive selection of over 750 tradable instruments, providing traders with diverse opportunities across multiple markets. With over 25 years of experience, iFOREX provides a vast array of educational resources, making it a great choice for those looking to learn and grow in the trading world.

What payment methods are available on iFOREX?

Your support means a lot — happy trading! We’re pleased to hear the platform works well for your trading style. IFOREX came to the market with a customized solution that simply works for scalpers and day traders like myself. We’re happy to know the Education Center supported you in your trading journey.

TickTick Trader

Once your account is funded, download the iFOREX trading platform, log in with your credentials, and start trading. The minimum deposit to open a real trading account with iFOREX is $100. IFOREX offers competitive trading conditions with spreads starting from 1.8 pips on major pairs like EUR/USD. Please check the relevant deposit funds section for more details on how to fund your account. Over 25 years of experience in trading has made us one of the most recognized online trading brokers. Get personalized access to premium forex trading tools, expert market analyst insights and more.

For example, Indian clients can use INR deposits via UPI or NetBanking. The broker accepts online and offline deposits made via various methods, including Bank Wire, Credit/Debit Cards, and eWallets. This fee helps maintain dormant accounts within the platform’s operational system. If a trading account shows no activity for 12 consecutive months, a quarterly fee of $15 may be deducted. IFOREX applies a few non-trading charges that traders should be aware of, particularly in relation to inactivity and ifc markets review withdrawals.

Educational Offerings

While the absence of MT4/MT5 might be a drawback for some, traders who appreciate a clean, easy-to-use platform with fixed spreads and a wide range of tradable instruments will find a lot to like here. IFOREX asks prospective clients to contact their customer service team to find out about the account types available. It’s also worth noting that iFOREX provides ‘negative balance protection’, a crucial feature that ensures you can never lose more than the money in your account. IFOREX has over 25 years of market experience, suggesting financial stability and a well-executed business plan. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.

It’s great to hear you value both the trading signals and the tools in our platform. Also, all the trading tools are well-integrated with the proprietary platform they offer. We’ve tried to review your case on our side, but in order to make sure we’re referring to the correct account, we kindly ask you to contact us directly. Without any notice or explanation, the bonus was suddenly removed while I was trading.This lack of transparency and clarity from iFOREX support has caused serious inconvenience and loss of trust. Great Work, The very nice interactive platform, interface is very nice, the support and services are also extra good. Replied to 100% of negative reviews

It requires a lot of resources and it likely requires recognition in the community, since non-profit organizations can cooperate with no-name brokers. I mean, the overall idea of cooperating with a certain non-profit organization to help the nature isn’t unqiue, but anyway not all brokers decide to integrate such a feature. Thank you for your 5-star review! Or if it’s big, I just set mercatox review stop losses behind local minimum/maximum and it reduces all the risks for me. this strategy is time-proven and helps me to stay afloat.

Dear Sir, The Company values and appreciates its clients and strives always to provide them with the best smooth and efficient services. You will repent after depositing in to this broker. As a result of that initiative, the iForex returned my money.This broker is a scam. I replied that how my funds can be credited to my crypto wallet when I didn’t use crypto wallet to deposit funds. The iForex broker informed me through email as well as on my Account Statement that funds of $585 and $266 have been credited separately to your Skrill ID. If you are not operating into this country how come I can deposit and withdraw money.

Nearly all brokers in the world provide this method on their lmfx review service. But, it is important to consider that they do not use platform MT4 and MT5 which is often found in other brokers. IFOREX also has good customer support available 24/7 globally.