Forex Broker Guide

You are here: Home Forex Brokers Forex Brokers iFOREX

How To Claim This Listing

Do you own or represent the firm presented in the listing below? If so we invite you to claim the listing. As owner of this listing you will be able to keep the information up to date and make other important decisions for this popular webpage. Simply follow the easy steps outlined in the tabs above.
 

iFOREX iFOREX

Claim This Business
iFOREX

Forex Broker

Forex Broker
iFOREX

Forex Broker Information

Year Established
2004
Country
Regulation
Live Chat

Forex Trading Terms

Trading Platform(s)
Dealing Desk
Pairs Offered
60+
Type of Spread
Commission / Fee
Maximum Leverage
Smallest Lot Size
Hedging
Mobile Trading

Forex Spreads

Lowest Spread EUR/USD
3 pip(s)


User reviews

Average user rating from: 2 user(s)

To write a review please register or log in.
Rating 
 
2.0  (2)
 
iFOREX 2011-07-03 12:09:17 denny_ghp
Rating 
 
3.0
denny_ghp Reviewed by denny_ghp    July 03, 2011
Top 50 Reviewer  -   View all my reviews

Iforex is regulated

Trade about 3 years with no withdrawal prob.
Regulated with HFSA in Hungary reg.#11889300; FSA UK reg. #511729
Customer Service little difficult to contact...

Was this review helpful to you? 
00
Report this review
iFOREX 2009-11-03 12:16:11 nee
Rating 
 
1.0
nee Reviewed by nee    November 03, 2009
Top 500 Reviewer  -   View all my reviews

iforex is a complete fraud

IFOREX IS CHEATING INVESTORS

The iforex online platform where the investor reads currency exchange rates, only gives a false sense that you are trading currency with other investors and traders in the exchange market. But the realty is the you are trading with no other investor; its only the iforex people on the other side with whom you are trading the currency. So your loss is their gain. And to gain from your loss they manipulate the platform to show incorrect currency exchange rates.

Some of my other observations-

-When you are making huge profits you wont be able to close your deals.
-iforex.com can control the platform from their side
-Your password is provided by iforex.com which you can not change
-iforex.com have different addresses in the tutorial they sent via mail is ans the one mentioned on their website
-iforex.com asks you to send scanned copy of both sides of your credit card(most dangerous thing). No one asks both side of credit card.
-iforex.com advertise 2 pips and show 3 pips on the demo, but once you open the trade account and deposit your money with them, they change the spread to 5 pip( this is most irritating)
-Even when someone calls from Greece( as they say it), its always the same person talking in local Mumbai accent.( I doubt that they call from mumbai itself and claim it as Greece)
-The Guy who called from Greece(as he told he did) told me that he gets a commission from my deposits. So he told me to tell iforex guys that he persuaded me to add more deposit( ridiculous and fishy)
-iforex.com refuse to give their local address in Mumbai (why would someone do so--obviously to save them from their mal-trade-practices otherwise invester traders would bombard their centre)
-There is no regulatory body for Iforex.com
- there are lots of bugs on its platform( I have myself reported a few to them)

Was this review helpful to you? 
171
Report this review
 
Powered by JReviews
 

Welcome - Login Here

Top Forex Brokers

Editor's Picks

1. 4XPVoted Best Trading Platform 2011 by World Finance Magazine, 4XP offers a fully transparent dealing room, tight spreads and attractive bonuses. 4XP is giving you the opportunity to learn everything about trading, with: free webinars, online and offline coursesone-on-one training sessions, a demo account and a 30 day risk-free account.
2. Trading PointFSA Authorized and EU Regulated Forex Broker offering a 20% bonus for every new account. The broker uses the MT4 platform and offers a No Requote, No Comission Policy. Straight Through Processing with Market Execution Processing; 24 hour Support. Paypal Authorized Forex Broker.
3. YouTradeFX YoutradeFX regulated by ASIC & FSC offers the latest range of trading technology, featuring the powerful, MetaTrader 4 trading platform for individual traders and multi account platforms for asset managers. A team of experts ensures that clients operate in optimal conditions at all times. Accessibility, security, reliability, innovation and user-friendliness are key factors in providing the industry’s best trading conditions.
4. Gallant Capital MarketsFSC authorised and regulated Forex Broker featuring MT4, MT5 and Mirror Trader. Gallant is one of the world’s leading providers of trading technologies and services to private and institutional traders. Traders gain access to proprietary STP technology, award winning VPS, excellent liquidity, world-class customer service and advanced trading tools.
5. DCM ForexDirect Currency Markets is an Australian regulated brokerage firm offering a unique low cost, commission free Direct Market Access service to clients globally. Trade with the most advanced MT4 configuration available and benefit from transparent, conflict-free, reliable & very fast institutional level trade execution services in all market conditions.
6. Pacific Financial Derivatives

PFD, a NZ regulated Futures Dealer compliant to segregated clients funds rules, offers FX leverage up to 500:1; 0 pip spread (for majors), no commission for loss trade. KiwiTrader is a customised trading platform besides PFDTrader (MT4) and PFDTrader (options). Now promoting KiwiTrader Gold Zero & KiwiTrader Gold.

7. GO MarketsAward winning, Australian regulated forex broker. 500:1 leverage and spreads from just 0.5 pips. Straight through processor offering MT4 and "No Requotes, Ever!"
8. Forex MetalForex-Metal.com is a regulated Forex and CFD market maker with very competitive trading conditions: over 50 forex pairs, gold, oil and CFDs, $0 commission on Forex trading, 1:500 standard trading leverage, No swap accounts, Instant execution of orders, “no deposit” and ongoing bonuses of up to 30%, 24/7 customer support, Free demo accounts, State-of-the-art MetaTrader 4 platform with free mobile trading platforms.
9. EXNESSBoston Merchant Financial offers you direct market access through a number of trading platforms including MT4, experience a “real trading” environment where your orders are executed on the interbank market. Other asset classes offered by BMFN include Equities, Commodity Warrants, Futures and Options, Deliverable Commodities and currency transfers. BMFN Corporate Group is regulated worldwide, with offices in all major financial hubs.
10. Trade OrbitzTrade Orbitz is a global brand servicing over 240,000 accounts from over 140 countries through their UK entity and international affiliates. Features include maximum leverage of 500:1, MT4 Platform, spreads from 0.5 pips and no dealing desk.  At Trade Orbitz advanced trading tools and superior customer support are all part of their commitment to help you pursue your goals.

Follow Forex Broker Guide

Facebook Group

facebook

Twitter Feed

twitter

Latest Listings RSS

rss

Latest Reviews RSS

rss