On-line since: About the company:
iFOREX is an international group of Forex companies founded in 1996 by a group of bankers and Forex dealers.
4/10
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I am working with iForex rn and non-leveraged trading is smth that I adore. Just trade your own funds without excessive risks. + they have appealing welcome educational package.
I can tell about account depositing here. I used my bank card and didn't notice any problems
I had a little difficulty registering my account.
But support team solved my problem
You know, despite that the broker has such a wide range of assets, I trade mainly Metals and Commodities.
In my opinion, these assets, unlike for example stocks, have really favorable trading conditions.
And I also noticed that these assets have good volatility. That is, they are not too risky and at the same time I can get a good profit.
Well, I have heard a lot of rumors that this broker is not reliable in the trading environment but you can believe I have been trading with them for over 4 years and there wasn’t any serious situation that would make me doubt this company.
Moreover, I noticed that many traders don’t know that iForex broker has been operating in the BIZZ since 1996, yeah, you may be surprised but I’m not lying. I don’t think that there are other brokerage companies which could show off such longevity as iForex and this fact should be appreciated among traders.
The reputation of iForex is unparalleled. Many years in the forex business and all the major regulations.
In terms of trading conditions I think they are average. The broker doesn’t offer anything unique for the more experienced traders, unfortunately.
Spreads are tight here and this was one of those reasons I chose this broker for.
Plus, there are no hidden fees or commissions that would be burdening for my budget. I know how much I pay for spread as it's easy to calculate everything.
Moreover, it's worth noting that I don't worry about funds and data safety here. The broker is quite robust, iForex is a loud brand in the community, so... I can recommend it to try.
There are a lot of things with iForex that bother me. Firstly, their trading terminal got frozen almost every day and orders are rejected, had to restart my terminal and so on. Secondly, their spreads on the major pairs are very high and not fixed. Thirdly their customer supports team and technical support are very rude and do not have knowledge.
Their trading instruments because it is more complete than others. Indeed, this broker is fair and don't against me to make profit. I always use EA to trade, and it's work great. Usually, I trade Forex EUR/USD and USD/JPY, and there have other options that I want to trade. The platform is great and they offer an expert assistance to the traders according to the changing market conditions. 24 hours Live chat to solve any problem, excellent Deposit-Withdraw system, many options for trading such as forex, CFD, Gold, Silver, Crude oil etc, and various kinds of options for beginners and professionals. It's nice so far.
FXnet trading platform has the worst performance I have ever seen in the market, The execution is too slow that I got huge slippage and till now I've lost almost $50 in a Premium Account. Always my profitable orders didn't respond to my command. Actually, iFOREX wants my losses. So I've made a withdrawal request of $150, but they didn't pay on time. Besides, iFOREX's customer service is horrible to me, as I didn't get any help from them. I think everyone should avoid Iforex in the market.
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