A detailed review of the iFOREX broker: what clients say about working with them?

Detailed review of the iFOREX broker: customer reviews and features of work

iFOREX – a company specializing in providing functionality for trading on the Forex market. Founded in 1996, but began active operations only 8 years later. The official website is available at iforex.com.ru. The broker is active worldwide, with the main audience in the USA. The site is translated into many languages, including Russian, Spanish, Chinese, and English. In this review, we will consider the main aspects of iFOREX’s work and analyze user reviews about the platform.

iFOREX Forex broker review

The company iFOREX is an investment broker regulated by the Financial Services Commission of the British Virgin Islands. Under license no. SIBA/L/13/1060, the broker has the right to provide brokerage services in the Forex market. It is important to note that the company is not authorized to operate in the UK and the USA. In reviews, users point out the insufficient effectiveness of this regulator.

Location and brief overview

The company iFOREX has offices in the British Virgin Islands, with its main office in Cyprus at the address: Wickhams Cay 1, Road Town, Tortola BVI VG1110, Limassol. The firm Formula Investment House Ltd owns the trading brand iForex, founded by a group of professional traders and investors. The service is popular among tens of thousands of users worldwide.

Registration on the iforex.com.ru platform

To fully use the service, you need to register an account on the website. On the main page, select “Register” and fill out the form with personal data. You will need to provide an email address, name, surname, country of residence, and phone number. After passing the captcha, the account will be created. An email with confirmation and password will be sent to the specified address.

Broker’s services and capabilities

The broker offers trading opportunities in the Forex market, CFDs, ETFs, stocks, indices, commodities, and cryptocurrencies. The main assets on the site are CFDs and national currencies, represented by more than 800 varieties. Clients also have access to trading using binary options. The mobile application for Android and iOS devices allows trading anytime, anywhere.

Technical support and trading platform

Technical support operates 24/7, providing prompt issue resolution. Traders can contact via online chat or the provided phone number. Remote support through screen sharing is also available. The iFOREX trading platform offers a user-friendly interface for trading and analyzing price charts.

User reviews

Reviews about the iFOREX company are divided between positive and negative. Users note various aspects of the broker’s work, however, there is criticism towards the company.

Summary of iFOREX service performance

In conclusion, the iFOREX company provides trading opportunities in the Forex market and other assets. Technical support operates efficiently, however, there are dissatisfactions among users. It is advisable to draw your own conclusions about the company’s performance, considering various aspects and customer reviews.