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Forex Broker Review: iFOREX

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iFOREX is an international group of Forex companies founded in 1996 by a group of bankers and Forex dealers.

In 2004, with an existing wide client base numbering in the thousands, our multilingual internet-based trading platform was launched. Since then, iFOREX has expanded its client base to tens of thousands, generating trading volume to the tune of hundreds of billions annually. It is now employing some 200 staff in offices around the world for your convenience, for example: Athens, Barcelona, Bucharest, Istanbul, Shanghai and Tokyo, to mention but few.

iFOREX provides currency traders the choice of two user-friendly online trading platforms (web based and a downloadable trading station), 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.

iFOREX provides currency traders with tight pip-spreads and real-time market prices that until only recently banks and large corporations were able to provide. The iFOREX full margin usage policy enables traders to maximize their profits, while the negative balance protection program operates as a built-in risk management system preventing additional losses more than the trader determines.

iFOREX does not manage investment portfolios, nor does it engage in foreign trading consulting.

NameiForex
Websitewww.iforex.com
Established1996
Scoreit's a 50 star broker
Leverageup tp 400:1
Accounts deposit spread
demo FREE  n/a 
mini n/a  n/a 
standard $100  n/a 
VIP n/a  2 pips 
other $100  n/a 
Trading Platform Available
webWeb Platform
downloadDownload Platform
wirelessWireless Platform
otherOther Platform
Trading Tools
stop lossStop Loss
take profitTake Profit
freeze ratesfreeze_rates
trading historytrading_history
trade metalstrade metals
chartsCharts
additional featuresDay trading, limit orders
Fees & Commissions
typical spreads majors3-5
dealing commissionDealing Commission
rollover commissionRollover Commission
deposit feeno
withdrawl fee$35 for wire transfer
Customer Support
languages15
payment methodsCredit Card, Wire Transfer
customer serviceCustomer Service
hours24/7
dealing deskDealing Desk
personal dealerPersonal Dealer
telephone ordersTelephone Orders
live traininglive training
tutorialsTutorials
user forumsUser Forums
Legal
regulatedn/a
company addressn/a