iFOREX · Cyprus
The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
Risk Management Index
The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.
Current Status:Suspicious Clone
License Type:Market Making(MM)
Regulated in Country/AreaCyprus
Regulatory License No.：143/11
Email Address of Licensed Institution :firstname.lastname@example.org
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :Corner of Agiou Andreou and Eleftheriou Venizelou Str, Vashiotis Agiou Andreou Bld, 2nd Floor - Office 201, CY-3035 Limassol or P. O. Box 54216, CY-37
Phone Number of Licensed Institution :35725204600
Most visited countries/areas
The data are from WIKI Research 2021.06.13 updated
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iFOREX · Cyprus
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Basic Information & Regulators of iFOREX
Founded in 1996, iFOREX is one of the industry's largest and most respected brokers, providing substantial liquidity to a wide range of traders worldwide. iFOREX combines advanced technology with first-class customer service and strives to improve itself to meet the needs of modern traders in an ever-changing online environment. iFOREX Group's European subsidiary is a Cyprus Securities and Exchange Commission (CySEC) licensed and authorized to regulate investment companies (license number 143/11).
Safety Analysis of iFOREX
IFOREX's European company is regulated by the first level of regulatory agencies, CySEC in Cyprus, relatively strict regulation of forex broker, so the safety of customer funds can be guaranteed. Investors should pay special attention to whether their accounts are opened under the supervision of CySEC in Cyprus. iFOREX official website does not show any detailed information on account types, leverage, and trading commissions. Investors should be careful to use the trading platform.
Market Instruments of iFOREX
iFOREX provides investors with popular financial tradable instruments, mainly foreign exchange currency pairs, commodities, indices, stocks, exchange-traded funds, cryptocurrencies.
Spreads & Trading Bonuses of iFOREX
GBPUSD spreads is at 1.1 pips, EURUSD spreads at 0.7 pips, USDCAD spreads are at pips, AUDUSD spreads are 0.8 pips, Gold spreads at 4.8 pips, Silver spreads at 4 pips, and Crude Oil spreads at 0.4 pips. Each eligible client deposits $1000 and will receive a 30% trading bonus.
Trading Platform Available of iFOREX
iFOREX can not get traders to access the MT4/MT5 trading platforms. Traders trade by downloading the application in Google Play and App Store.
Deposit and Withdrawal
iFOREX supports a variety of convenient deposit and withdrawal methods, mainly VISA, MASTERCARD, Jeton, NETELLER, Skrill, AstroPay, and wire transfer
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
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