Details and review of iForex

In the following section you can find a detailed information about iForex Forex broker. Afterwards company and trading information you will find customer reviews and at the end of the page you can also rate and review iForex Forex broker.

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iForex Forex broker company details

Forex broker name:iForex
Forex broker rating:3.8(5 votes)
Forex broker logo:Forex broker logo
Company long name:
Broker description:iForex Overview
iForex were founded in 1996 and have their headquarters in Budapest, Hungary with regulation by the HFSA. The online trading platform was launched in 2004 and helped build up the existing diverse client base.

iForex employs over 200 staff and has established an international presence with a number of offices located throughout the world including Athens, Barcelona, Bucharest, Istanbul, Shanghai and Tokyo.

Trading Platform and Customer Support
iForex offer two in-house trading platforms and provide a downloadable version as well as a web-based version. The downloadable version requires a .NET installation to function and is geared more towards advanced users than new traders. The web-based version is available in 13 languages including English, French, Spanish, Chinese, Dutch and Russian.

Customer support is lacking in comparison to other leading Forex brokers. The online help could be beefed up to include more detailed information and improve user experience.

Deposits and Withdrawal
iForex accept deposits through credit cards and wire transfers. A minimum $100 deposit is required for the initial funding. Funds can be withdrawn to a credit card but only up to the limit deposited from that source. Any additional funds need to be withdrawn to a bank account so as to help reduce risk of money laundering.

Promotions and Bonuses
iForex offer bonuses based on the volume of the transaction along with some other bonuses from time to time.

- Hedging and scalping allowed
- Leverage up to 1:400
- Negative balance protection
- Clearly defined account types
- Account activity log tracks all account activities including deposits, logins and trades

- No free demo account available
- Customer support could be more visible and responsive
- Spreads are not as tight as some other platforms

Overall, iForex are not ideally suited to new traders as support information is lacking. Experienced traders may find iForex another broker to try out and a new platform to play with, but at this time there are other more refined solutions available.

iForex Forex broker contact informations

Website:Visit iForex website
Live chat:
Phone:+41 22 929 5792
Fax:+41 22 929 5628
Address:29 Route de Pré-Bois, Geneva 15, Switzerland

iForex Forex account details

Minimum deposit:US$ 100
Leverage:400 : 1
Spreads on majors:3-4 pips
Minimum trade size:5000 units
Currenc pairs:15
Payment options:Bank wire, Credit card
Platform:Windows, Web
Demo account:Open a demo account
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iForex Forex broker reviews and ratings

Average rating:
52008-07-08 08:04:26shiv kumar sood
i want something for you
52009-03-16 14:32:41Omodunbi Adebanjo D.
12010-02-09 01:20:53Duong Hiep
32010-08-02 15:45:16nuri
52010-09-29 09:09:02Kristina
the best

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