Founded in 1996, iFOREX is a long-standing broker recognized for its credibility and client-focused services. Regulated by one Tier-1 and one Tier-4 authority, the broker offers traders both reassurance of oversight and awareness of some regulatory risks.
iFOREX provides two retail account types—Standard Mini and VIP—designed to cater to different trading needs and levels of experience. With strong liquidity, advanced trading technology, and a focus on education and personal guidance, iFOREX enables traders worldwide to access diverse markets with greater confidence.
Over the years, the broker has established itself as one of the most respected names in the industry, combining innovation with hands-on support to create a reliable trading environment.
| Broker | iForex |
| Minimum Deposit | $100 |
| Regulation | CySEC, BVI FSC |
| Spreads | 1 pip |
| Leverage | 1:400 |
| Currency Pairs | 80 |
| Inactivity Fee | 15 USD after 12 months of inactivity |
| Fees Commissions |
Spreads from 1 pip, zero commission fees |
Trading Costs and Account Options
iFOREX offers competitive trading conditions with spreads starting from 1.8 pips on major pairs like EUR/USD. The broker does not charge commissions, making it appealing for traders seeking straightforward pricing. Additionally, the minimum deposit requirement is $100, providing an accessible entry point for new traders.
Trading Platforms and Tools
Industry observers highlight iFOREX for its proprietary trading platform, which combines advanced tools, an intuitive design, and full customization. Traders can access hundreds of instruments across multiple markets using desktop or mobile devices, ensuring flexibility, secure trading, and seamless portfolio diversification worldwide.
Safety and Security
Experts highlight iFOREX as a broker that prioritizes security and transparency. Clients benefit from strict regulatory oversight by the 🇧🇻 BVI Financial Services Commission, segregated accounts, encryption protocols, and negative balance protection, ensuring funds and personal data remain safe at all times.
Markets Available for Trading
iFOREX offers a diverse range of over 750 tradable instruments, including CFDs on currencies, commodities, indices, shares, ETFs, and cryptocurrencies. This extensive selection allows traders to diversify their portfolios and access global markets with leverage and tight spreads.
Deposit and Withdrawals
iFOREX offers a diverse range of payment methods to accommodate traders worldwide. These include bank wire transfers, credit and debit cards, and e-wallets like Neteller and Skrill. Importantly, iFOREX does not charge any deposit fees, allowing traders to retain more of their funds for trading. Processing times vary by method, with e-wallets typically offering instant deposits. This flexibility ensures that traders can choose the most convenient and cost-effective method for their needs.
Customer Support
iFOREX provides direct and personal customer support with multiple worldwide contact options. Traders can reach the team via phone, WhatsApp, or email for general inquiries, technical support, account assistance, and partnership opportunities. Support is available in several languages, ensuring global accessibility and reliable service.
