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iForex.com is a well-established forex broker that offers a range of trading options for investors. With their Mobile and Web Based trading platforms, iForex.com provides access to over 80 currency pairs, cryptocurrencies, indices, shares, ETFs, gold, silver, commodities, and CFDs. The company has been in operation since 1996 and is regulated by the BVI FSC. They have a minimum trade size of 0.015 and a maximum leverage of 400:1. Opening a live account requires a minimum deposit of $100. iForex.com is known for its user-friendly trading platforms and comprehensive trading instruments. They also offer convenient deposit and withdrawal methods, including bank wire, VISA, and MasterCard. Whether you are a seasoned trader or just starting out, iForex.com provides a reliable and professional trading experience.
iForex is a forex broker that offers a range of trading options for individuals looking to invest in the financial markets. With over 80 currency pairs, cryptocurrencies, indices, shares, ETFs, gold, silver, commodities, and CFDs, iForex.com provides a diverse selection of instruments for traders to choose from.
Broker Details
- Minimum Trade Size: 0.015
- Maximum Leverage: 400:1
- Minimum to Open Live Account: $100
- Established: 1996
- Address: 1 Wickham’s Cay, Road Town, Tortola, BVI VG1110, Virgin Islands, British
- Contact: info@iforex.com, 30-210-374-2599
- Regional Offices: [Insert Regional Offices]
- Regulators: BVI FSC #SIBA/L/13/1060
- Prohibited Countries: [Insert Prohibited Countries]
Trading Platforms
- WebTrader
- MobileTrader (MobileApp)
iForex.com offers both WebTrader and MobileTrader platforms, providing traders with convenient access to their accounts from any device. Whether you prefer to trade on your computer or on the go, iForex.com has you covered.
Currencies and Trading Instruments
With over 80 currency pairs, iForex.com allows traders to participate in a wide range of forex markets. Additionally, the platform offers cryptocurrencies such as Bitcoin, Litecoin, and Ethereum, as well as CFDs on gold, silver, other precious metals, stocks, stock indexes, oil, and other commodities. This extensive selection of trading instruments provides ample opportunities for diversification and potential profit.
Trading Conditions
- Scalping: Yes
- Managed Accounts & Social Trading: [Insert Details]
iForex.com accommodates scalping strategies, allowing traders to take advantage of short-term price movements. The broker also offers managed accounts and social trading options, providing opportunities for individuals who prefer a more hands-off approach to trading.
Deposit and Withdrawal Methods
- Deposit Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard
- Withdrawal Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard
iForex.com supports various deposit and withdrawal methods, including bank wire transfers, VISA, and MasterCard. This flexibility allows traders to choose the most convenient option for their individual needs.
FAQ
Is iForex.com a reliable forex broker?
iForex.com has been in operation since 1996, demonstrating its longevity in the industry. The broker is regulated by the BVI FSC, providing an added layer of oversight and security for traders. However, it's always important for individuals to conduct their own research and due diligence before choosing a broker.
Can I trade on iForex.com using my mobile device?
Yes, iForex.com offers a MobileTrader platform that allows traders to access their accounts and trade on the go. Whether you have an iOS or Android device, you can conveniently manage your trades and monitor the markets from anywhere.
What are the minimum requirements to open a live account with iForex.com?
The minimum deposit required to open a live account with iForex.com is $100. This makes it accessible for traders with different budget sizes to start their trading journey.
Can I engage in scalping on iForex.com?
Yes, iForex.com allows scalping, which is a trading strategy that involves making multiple trades within a short period to take advantage of small price movements. Traders who prefer this strategy can execute their trades without any restrictions.
Safety Check
When considering a forex broker, it's important to prioritize safety and security. iForex.com is regulated by the BVI FSC, which helps ensure that the broker operates in compliance with industry standards. However, it's always recommended for traders to exercise caution and perform their own due diligence before depositing funds with any broker.
If you have any experience working with iForex.com, we encourage you to share your feedback on the forexroboteasy.com website. Your insights can provide valuable information to other traders considering this broker.
Please note that this review is independent and does not contain any personal recommendations or conclusions. It is solely based on the information provided for this assignment.
forexroboteasy.com
1 review
Venturing into the vibrant world of trading, my journey began with iForex.com in 2009. Everything was going smoothly, my account number 1267821 was thriving under the expert management of Mr. Eshkol and Nancy – but little did I know that my secure trading environment was about to take a drastic turn. In 2012, my account managers, who had not only managed my account but also imparted invaluable knowledge about forex trading, left iForex.com. It wasn’t long before their departure that I started to notice the service deteriorating. iForex’s failure to deliver the promised bonuses and their continuous insistence on depositing money, only to then change my account manager abruptly, became a recurring theme. Meanwhile, the company didn't hesitate in treating its loyal customers like their low-ranking creditors. The true needle in the haystack was a chargeback complaint I filed through my bank in January 2015. Out of the $3400 total, remittance was made for only around $1600, leaving a staggering $1829 in unresolved dues. iForex.com’s response was as alarming as it was frustrating; they insisted they had transferred the funds while refusing to provide a swift copy of transfer remittance. My bank, on the other hand, confirmed the discrepancy between iForex's claims and the reality. Moreover, the trading bonuses – a vital motivator in this engaging yet competitive trading universe – went from a promising promise by Mr. Eshkol to a myth lost in iForex's terms and conditions. Despite my repeated attempts to claim the bonus against my deposit, the doors of correspondence remained closed. The situation was no different with my wife, Kalpana’s, account bearing the number 1312687 with iForex.com; despite regular deposits since 2010, totalling roughly $2000, not once was a trading bonus awarded. Misguidance seemed to be on the rise, with trading signals unexpectedly disabled at crucial trading times. Fast forward to now, my investment of $1829 still reflects on the iForex.com platform, lying in wait for a refund, while my connections with the customer service of iForex.com remain unresponsive. The constant struggle with iForex.com, from the unfulfilled promise of bonus to delayed payments and unresponsive customer service, certainly paints a dreary image. I welcome any assistance in my pursuit of fair trade and just service.
As an iForex.com customer, I have been embroiled in a frustrating chargeback complaint, originating in January 2015. My concern lies with the unrecovered balance of approximately $1829 that remains unresolved till date, despite their partial repayment of $1600 out of my total $3400 claim. To add to my woes, my requests and inquiries to their department continue to meet a brick wall. iForex.com has provided what appears to be misleading transaction details, resulting in non-reconciliation with my bank's records involving the alleged fund transfer. Evidence of the unresolved $1829 refund can evidently be seen in my iForex.com account (No. 1267821). Their disconcerting silence and lack of response continue to exacerbate the situation. Amidst all this, I have observed a drastic change in iForex's service quality. It began ever since Mr. Eshkol and Nancy, two individuals who once provided impeccable service, parted ways with the company in 2012. My association with iForex dates back to 2009, wherein the aforementioned individuals not only fulfilled their promises but also provided clarity and understanding of Forex trading successfully. Following their exit, the benefits that were once flowing in such as regular trading bonuses ceased. Successive account managers merely emphasized depositing money, showing little concern for loyal customers like myself. My repeated inquiries for a meager $250 bonus, entitled to me against my deposit, were met with silence or non-committal responses. It's disheartening to relay that customer-centric approaches have been sacrificed at the altar of commercial objectives. Flagrant disregard for customer correspondence from their official mail id compliance@iforex.com and nelsonds@iforex.com, adds credibility to their waning customer service. The second account (No. 1312687) held in my wife, Kalpana's name, has experienced similar issues. Her account deposit of approximately $2000 since 2010 has reaped no trading bonuses, while their promotional guarantee of a 30% bonus against deposit was never honored. Their operational inconsistencies include instances of disabling trading signals without any preemptive notice, causing undesirable trading outcomes and inducing a sense of helplessness among their customers. I implore fellow customers to speak up against such unacceptable practices and hope that someone, somewhere can assist us in resolving our grievances.