iFOREX (iforex.com )

Discover the benefits of online trading at iFOREX. Get personal training and learn how to trade shares, commodities, indices and foreign exchange.


iFOREX is a trading name of iCFD Limited based in Cyprus, founded in 1996.

iCFD Limited is a member of the iFOREX group which consists of following companies.

  • iFOREX Holding Limited
  • iCFD Limited
  • Formula Investment House Ltd
  • FIH Formula Investment House Clearing Limited

iForex is governed by MiFID and client’s funds are protected in segregated accounts.

As it is one of the biggest conglomerates in Europe, its stable operation and completed online trading system are gaining popularity all over the world.

CySEC – Cypriot Securities and Exchange Commission – No. 143/11
MiFID – Markets in Financial Instruments Directive

Trading Info

iForex offers one account type with FXnet trader, but not MT4.

FXnet trader is an advanced integrated trading platform for professional traders.

Leverage up to 1:400 and you can use your full margin for trading till it is 0. No margin calls and stop out % is 0%.

Spread is fixed, starting from 1.8.

  • Advanced FXnet trading platform
  • Tight Fixed spread
  • Full usable margin
  • Variety of Bonus Promotions

Pros & Cons of iForex

Broker Details
iFOREX Cyprus Limited
Website iforex.com
Founded in1996 (21 years)
Offered Instruments
Business Model
Max Leverage400:1
USA clients Not Accepted
JPN clients Accepted
Country BaseRepublic of Cyprus
Headquaters 27, Diagorou Street, 1097, Nicosia Cyprus
Website Language
  • Indonesian
  • Malay
  • Czech
  • German
  • Spanish
  • French
  • Italian
  • Hungarian
  • Dutch
  • Polish
  • Portugues
  • Romanian
  • Filipino
  • Greek
  • Russian
  • Arabic
  • Hindi
  • Chinese
  • Japanese
Supported Platforms
Support desk
Phone number+357 252 04600
Supported LanguageIndonesian, Malay, Czech, German, Spanish, French, Italian, Hungarian, Dutch, Polish, Portugues, Romanian, Filipino, Greek, Russian, Arabic, Hindi, Chinese, Japanese
Service Hour24/5
Phone Support Not Available
Live Chat Available
Callback Available
Japanese Support Available
Telephone Order Available

Trading Account

Account TypeBinary OptionsForex
Trading PlatformFXnet TraderIn-House App
Minimum Deposit$100
Execution TypeDD
Spread TypeFixed
Minimum Spreadfrom 2 pips
Trading CommissionN/A
Minimum Trading Lots0.015 lots
Maximum Trading Lots150 lots
Decimal Pricing5
Margin Call %0%
Stop Out %0%
EA (Automated Trading)Not Allowerd
ScalpingNot Allowerd
News TimeAllowed
Islamic (Swap Free)Optional
Interest on MarginNone