iforex

Written by How we review

iFOREX is a forex and CFD broker offering a proprietary web and mobile platform, education resources, and risk management tools for trading currency pairs and a broad range of CFDs. It focuses on straightforward market access and platform usability.
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Key facts

7.2/10
Our rating
#177
Trust rank
1996
Founded
3
Licences
210
Countries accepted
HeadquartersCyprus
Broker typeMarket Maker
RegulationCySEC; BVI FSC; ISA
PlatformsProprietary
InstrumentsCommodities, Cryptocurrencies, Forex, Indices
Fee levelMedium

Updated

Pros

  • • BVI FSC-regulated (Formula Investment House Ltd)
  • • Proprietary web and mobile platform with advanced charting and order types
  • • Broad CFD coverage: Forex, indices, commodities, shares, ETFs
  • • Commission-free trading (spreads only)
  • • High leverage options (up to 1:400 where permitted)

    • Cons

  • • Offshore regulation (BVI FSC) for international clients
  • • No MetaTrader (MT4/MT5); proprietary platform only
  • • Spread-only pricing; no ECN/RAW or DMA accounts
  • • No algorithmic trading or API support
  • • Inactivity fees apply

    • Key Features

  • • Multi asset CFD trading on forex commodities indices shares ETFs and crypto
  • • Proprietary web and mobile platform with advanced charting
  • • CySEC and BVI FSC regulated with segregated client funds
  • • Negative balance protection for eligible clients
  • • Leverage up to 400 to 1 outside EU ESMA caps in EU
  • • Education center and one on one training

    • Similar Brokers

    Where This Broker Ranks

    iforex is not in the top 10 for any country or territory we rank yet. Each list shows the ten highest-rated brokers that accept clients there. How we rate brokers · All rankings by country

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

    Affiliate disclosure: Some links are affiliate links. We may earn a commission if you sign up, at no extra cost to you. This helps keep BrokerCatalogue running and does not change how we rate or compare brokers.

    Frequently Asked Questions

    iFOREX offers trading in forex pairs and CFDs on commodities, indices, shares, and ETFs. Instrument lists vary by region and entity. You can open long or short CFD positions, manage them with stop-loss and take-profit, and monitor margin and exposure in real time. Make sure you understand that CFDs are complex and can move quickly. Review the product schedule and risk disclosures before you start. This information on BrokerCatalogue is general and not financial, legal, or investment advice.

    iFOREX states that it operates under licenses in select jurisdictions. Regulation and protections differ by the specific entity that serves you. Before opening an account, check which legal entity will be your counterparty and confirm its license on the official regulator register for your country. Also review the client agreement, risk disclosures, and complaint procedures. Availability may vary by region. This content is general information from BrokerCatalogue and does not constitute financial, legal, or investment advice.

    You may pay variable spreads, overnight financing on leveraged positions held past the end of the trading day, and fees for inactivity or withdrawals depending on method and region. Third-party payment providers may add their own charges. Some features or services can have separate costs. Always review the fee schedule on the broker's site and the legal documents before you trade. This is general information from BrokerCatalogue and not financial, legal, or investment advice.

    iFOREX provides a proprietary web and mobile platform with watchlists, multi-chart layouts, indicator sets, drawing tools, and price alerts. You can place market, limit, and stop orders, set attached stops and limits, and use trailing features if available. Platform features and language support vary by region and account. Test the tools with a practice environment if offered, and review platform guides before funding. This is general information from BrokerCatalogue and not financial, legal, or investment advice.

    You can fund by bank transfer, cards, or supported online wallets, subject to your region. Account name matching and identity checks apply under KYC and AML rules. Processing times depend on the method and your bank or provider. Withdrawal requests run through the same channels used to deposit where possible. Fees may apply from the broker or payment provider. Ensure your profile is verified to avoid delays. This content is general information from BrokerCatalogue and not financial, legal, or investment advice.

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