iFOREX Review

At iFOREX we understand how difficult it can be to enter the FOREX market, particularly one as volatile as the foreign exchange. In order to ease the transition, we have developed a low-risk introductory Protected Account (PA), designed to introduce potential traders to the lucrative world of currency trading. iforex broker was founded in 1995. iforex forex company is a CySEC establishement. iFOREX offers high quality forex trading to the traders worldwide.

 

The Protected Account works as a funded demo account, the size of which is determined according to a trader's comfort level. Among its unique features: At any point during the two-week period, a trader may control up to 100 times his initial deposit, regardless of the actual balance in the Protected Account. The trader may make as many trades as desired, 24 hours a day, using any currency pair.

 

Positions are closed automatically at the end of the two-week period. If there is a positive balance, it will be transferred to the trader's regular account. If there is a negative balance, iFOREX will cover it. Moderate brokerage charges. Welcome bonus. Online trading binary options. Free demo account. 

 

We at iFOREX believe that a regular demo account, though a very useful tool, does not simulate the feeling of trading real money on the Foreign Exchange. The Protected Account acts as a bridge between a demo account and a real one, providing an authentic trading experience, with managed risk.

 

At iforex forex broker you may pay a premium of 100 USD to 1,000 USD and trade up to 100 times of it in open positions at any given time. Larger premium are available on request. At the broker’s blog traders can read iforex reviews from other traders as well as leave their own iforex review about the trading with the company. As to the company official web site, live rates, trading reviews, educating video and economic calendar are available.

 

iFOREX trading information

 

Minimum position size  
Pip spread on majors 2-5
Spread Type  
Maximum Leverage 400:1
ECN, $  
Standard account, $ 100
Micro account, $ 100
Popular payment methods Credit Card, PayPal, Wire Transfer
Account currencies  
Available assets no
Languages English, Spanish, Chinese, Japan, Arabic, Italian, German, Portugese, Russian, French
Platforms Meta Trader 4
Broker type  
Regulation CySEC
Foundation 1996