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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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.
iForex has been my broker for over a year now. This company is always exerting efforts to provide us the best services. They regularly ask for feedback and they make sure to resolve any issue, if there is. My current profit rate s 16% and I honestly did not expect it because of my lack of experience. But because of the great trading environment, it became possible.
I am doing scalping trade in a standard account, so my position didn't slippage and it executed in the right position. Besides on the platform I can be used many trading tools for trade analysis and customized this platform with a scalping EA. I already execute around 100 trades and earned profit $6500. I already made 3 withdrawal without any hassle. They are so high class in trading industry. iForex also has advanced multiple trading platforms, and low initial deposit to open an account. Very safe for newbies.
Yesterday, my trading had a problem. IForex immediately responded to me quickly and provided a solution to me. I am very grateful because they are very quick to respond, so I don't have much to lose. However, so far I have made $ 4800 in just two weeks, with an initial deposit of $ 3000. Their trading system is fair for me. Trusted broker.
Working with this broker is not so difficult, withdrawals and deposits work well, platforms has a good executions, but their spreads are too tight, they should reduce it so we could have more profits. Execution is among the fastest of any of the brokers I have and much faster than most. No trouble withdrawing money. This is the best choice for you trading. They are well managed and offered fix spread with good leverage and sharp execution. What I meant by sharp execution is order are sent well and trading platform is not freezing compare to others. To be honest I have made profit with them and requested 3 times withdrawal amount $100-$400 since March 2019.
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