iForex Broker Information
- Jurisdiction: British Virgin Islands, Hungary, Cyprus, UK
- Regulators: BVI FSC, National Bank of Hungary, CySEC, FCA
- Founded: 1996
iForex Quick reference
iForex is a broker with direct access to international markets. The company is a self-professed leader in the segment and invites you to trade in currency, CFDs and goods.
IForex draws your attention to the fact that it does not manage accounts and does not give investment advice. But it educates and rewards traders who register friends for free.
Date of foundation. In 1996, a group of bankers opened the “doors” of iForex, and in 2004 launched the platform of the same name.
Location. The broker is in no hurry to report the coordinates of the office where management and support work. But claims that its offices are located around the world.
Contacts. You can call the broker by numbers + 30-210-374-2599 and + 30-210-374-2505. You can write e-mail to firstname.lastname@example.org. A feedback form is also provided. According to iForex, each client can lay claim to the service in their native language.
Regulation. The official website iforex.com.ru is managed by Formula Investment House Ltd. This is an investment firm: it claims to be licensed in the British Virgin Islands. The document number is SIBA / L / 13/1060.
The iForex Group, the company which owns the broker, is regulated by CySEC. The license number is 143/11.
Two more legal names are mentioned on the site. eBrókerház Befektetési Szolgaltato Zrt. - is an investment firm that has received permits to operate in the National Bank of Hungary. Licenses - No. II / 73.059 / 2000 and No. III / 73.059-4 / 2002. As well as Black Pearl Securities Limited, an investment firm regulated by the British FCA. The document number is 688456.
Clients. The broker uses the services of partners. They register newcomers and receive rewards for all financial activities of the latter.
IForex does not have the usual accounts to choose from. The conditions for all are general, regardless of the size of the deposit.
The broker believes that stable trading is possible with it. Why?
- It has negative balance protection. The company claims that it does not let customers to go into negative.
- Keeps its money separate from the client. iForex declares about enhanced security.
- Shows readiness for financial «shakeout». The company promises that, even in the case of “turbulence” in the markets, there will be stable access to the accounting and platform.
The broker names its trading parameters:
- interbank spreads on major financial products;
- hedging opportunities,
- full use of margin,
- leverage up to 1:400.
iForex accepts money from popular payment systems and promises an “immediate” withdrawal of earnings.
IForex customers can apply for VIP status. To get to the VIP-training, to get access to advanced schedules and an exclusive account, you need to contact your manager.
The broker also developed the Diamond Package. To use all its options, you need to be a VIP. What is included in the package? You get personal manager, the best spreads, cash-back from each transaction, market signals, professional charts.
Do you have any experience of trading with iForex? Positive or negative? Share it with traders who read BrokerTribunal. Scroll the page down, there you can leave your feedback.
And if you are just studying the Forex broker, find out what colleagues tell about it