iFOREX

iFOREX Review: Is iFOREX Broker Good?

Broker overview and general information

Established in 1996, iFOREX is one of the most reputable and widely recognized CFD brokers in the financial industry. This broker focuses on serving its global clients by combining cutting-edge technology with customer service. It offers a wide range of over 750 trading products, including Forex, Commodities, Indices, Shares, ETFs, and Cryptocurrencies. The broker focuses on protecting its clients by using advanced security measures such as data encryption, segregation of client accounts from company funds, and negative balance protection to ensure that clients do not lose more than they invest. It also provides market analysis tools and personal training to help traders gain confidence and get the best trading experience.

Broker Licensing and Regulation

If you ask whether the iFOREX broker is good or not, you must first consider the license factor. The broker has the following licenses:

• British Virgin Islands Financial Services Commission (BVI FSC) License No. SIBA/L/13/1060 under Formula Investment House Ltd.

• Cyprus Securities and Exchange Commission (CySEC) License No. 143/11 under ICFD Ltd.

iForex Products and Services

Trading products

• Currencies

• Commodities

• Index

• Shares

• Exchange Traded Funds (ETFs)

• Cryptocurrencies

Trading Platform

Brokers offer core trading platforms that meet the needs of their clients through their own brokerage applications.

The iForex Trading App

iFOREX App is a mobile trading platform designed for traders who want to trade on the go. The app is compatible with a variety of mobile devices and can be downloaded for free from the App Store and Google Play. The app includes key features such as:

• Real-time trading and position monitoring

• Full access to account information (wallet balance, funds, margin details)

• Market updates and account alerts

Deposit and Withdrawal Review

iFOREX facilitates both online and offline deposits for the convenience of its clients. Options include bank transfers, credit cards, debit cards, and eWallets. iForex broker does not charge any commissions, although the transfer provider (bank) may charge a fee.

Deposit-Withdrawal Channels

• E-Wallets such as

• Neteller 

• Skrill

• AstropayWallet

• Crypto Wallet

• PromptPay

• PayPal

• Local banks (some countries only)

• Prepaid cards such as AstropayWallet

iFOREXBonuses and promotions

• Welcome Package

  Get 50% trading bonus on your first deposit and an additional 50% trading bonus when you upload the required documents.

• Refer a Friend Program

  Up to $300 trading bonus for every referred friend who signs up when the referred friend makes a deposit.

Support and Customer Service

• Live Chat

• Service available Monday to Friday 04:00-12:00 GMT 

• Email :[email protected]

• Tel: +66-2-105-6163 (English)

Broker Overview Summary

iFOREX is a broker that offers a wide range of trading products, including currencies, commodities, indices, stocks, ETFs, and cryptocurrencies. It also offers attractive promotions for new clients. However, information about account types is not available on the website, and the information provided is quite limited. Users have reported experiencing technical difficulties with the trading platform, which may result in losing the opportunity to make profits. The broker also offers communication only in English.

Frequently Asked Questions about iFOREX

Q: What trading tools are available?

A : 

• Economic calendar to track market events

• Live rates for real-time price information

• News and analysis for historical market data

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iFOREX Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.