iForex Review

Overview

iFOREX is the trading name of iFOREX (Cyprus) Ltd.  iFOREX (Cyprus) Ltd. is the newest member of the iFOREX group, and is a registered Cypriot Investment Firm (CIF), regulated by… more

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Details

Broker iForex
Website URL http://www.iforex.com/
Headquarters Cyprus
Minimum 1st Deposit $100
Bonus CySec
Leverage 400:1
Leverage 400:1
Free Demo Account No
Regulated Yes
Regulation CySec
MT4 Yes
Overall Score Not Rated

Full Review

iFOREX is the trading name of iFOREX (Cyprus) Ltd.  iFOREX (Cyprus) Ltd. is the newest member of the iFOREX group, and is a registered Cypriot Investment Firm (CIF), regulated by the Cypriot Securities and Exchange Commission (CySEC) under license number 143/11.

The iFOREX Group was founded in 1996 by a group of bankers and Forex dealers and is now one of the largest and most respected firms in the industry. We have accomplished this due to our commitment to high quality customer service, state-of-the-art technology and diversity of tradable products.

IFOREX (Cyprus) Ltd.’s license is subject to the Cyprus Investment Services and Activities and Regulated Markets Law of 2007, which harmonized the relevant laws of the Republic of Cyprus with the requirements of the European Parliament’s Markets in Financial Instruments Directive (MiFID) to ensure a high level of protection for investors and that the services you receive from us comply with applicable regulations.  In light of the above, we choose to adhere to strict regulatory guidelines designed to ensure transparency and protection to all our clients, and we are under stringent supervision by the Cypriot regulator.

As a member of iFOREX Group, iFOREX (Cyprus) Ltd.
we benefit from the vast experience of the group, and are always striving to keep with the groups’ highest standards.

Due to its constant ambition to be known as a market leader through high customer service, the iFOREX Group has experienced exponential growth over the past 15 years. 2004 was a major turning point for our Group as we took a giant leap and launched our multi-lingual internet-based trading platform. Since then, The iFOREX Group has expanded its client base to tens of thousands, generating mass trading volume and providing vast liquidity to traders located across the globe.

iFOREX offers traders the choice of three user-friendly trading platforms (a web based and a downloadable platform for PC and a mobile trading platform for smartphones), constantly updated financial news and 24-hour support. Clients of iFOREX are therefore able to trade whenever they choose, using the system they prefer while receiving instant professional support when needed.

In addition, iFOREX has distinguished itself as an industry leader in tight pip-spreads, real-time market prices which are provided via a direct link to the interbank arena, and a unique margin policy. The iFOREX full margin usage policy enables traders to maximize the full potential of their trading account, while the negative balance protection program operates as a built-in risk management system preventing losses which are greater than what the trader determines.

iFOREX operates a dealing room for trading various financial products including foreign exchange, CFDs and commodity spot trading. iFOREX provides comprehensive end-user solutions and a range of trading functions coupled with flexibility in a robust and inclusive platform. As a market leader who is regulated and obligated to provide a certain level of service, we are committed to the highest level of business integrity and professionalism.

At iFOREX we combine industry expertise with innovative technology to deliver our clients with real time quotes and vast market liquidity. This combination provides our traders with the ideal surroundings to trade the financial market.

Liquidity and Global Connections:

  • Direct access to global markets, including Forex, commodities and indices
  • Worldwide resources that provide global liquidity with the click of a mouse
  • Offices located around the world and immediate customer service in your native language
  • A wide variety of interbank tools for larger accounts

Trading and Costs:

  • Interbank spreads on certain majors and competitive spreads on other tradable products
  • No hidden fees and no extra charges
  • Advanced technology to ensure balance protection
  • Hedging capabilities
  • 1 click deal execution
  • Advanced market orders
  • Guaranteed stop loss level for exposure closing *
  • Full margin usage which allows you to use the full extent of your funds: no margin calls
  • Immediate future profit payments
  • Customized leverage of up to 400:1

Risk Management:

  • Real time margin protection, ensuring limits and automatically executing risk management precautions to prevent negative balance
  • Advanced technology, providing continuous order maintenance against volatile market situations

iFOREX is dedicated to providing its clients the highest level of customer support.  Should you have any further questions regarding iFOREX, it’s products or services, please feel free to get in touch by leaving your details on form above.

 

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