They boast of having more than 24 years of industry experience. They provide financial stability and well executable business plans to their clients. Direct access to the global market. Forex with over 80 currency pairs. They also provide worldwide services and customer support in the native language.
They also say that they provide few features not all brokers do. Those services are hedging capabilities with real-time margin protection. And also a risk management feature that ensures limits and executes precautionary commands. The traders only get to see a limited amount of information on a single page. The appearance is fundamental.
Automated Trading or Social Trading are not supported. The software is suitable only for manual traders. Their platform is inferior to the industry-standard MT4. All the plannings and hard work seem not to have given the desired fruits. This lack of a competitive edge places the traders at a disadvantage.
It would have been acceptable had the software worked as a superior alternative to MT4. But at iForex, it is not the case. On the brighter side, they offer: desktop or web-based versions, FXnet Trader is the software used. Their Mobile App leverages the same software. The offerings are very well formatted into a tabular form. There is a freedom to create our watchlist, which can be later edited by adding or removing items.
There are instruments that allow you to set the trade size. Few are for setting stop-loss and take-profit levels. This window also makes technical analysis very easy to do. The company provides its clients with an option to trade on their smartphones using the app. The mobile app provides users with a fast and straightforward way to see how the market is moving. Traders can also select trade sizes and make new deals. As a whole, the app is an excellent package.
The information displayed is very clear. Technical analysis is easy to do and helps to make further trade decisions. This is like most of the other brokers present. It makes its revenue from trade spreads. It is the difference between the bidding and the demand price. This cost is an unusual need. The smallest size of the deal is set to units or 0. These change every night. There also are no other hidden or disclosed charges to worry about.
This leverage allows users to sell large deals while using a far smaller capital. It gives a chance of getting greater returns. But, at the same time, it also increases the size of a potential loss and its risks. Withdrawals are also charged depending on the method of payment and withdrawal size. To get funds processed, it could take up to 28 working days.
This has, for the duration, lead to many customer complaints. They offer 88 currency pairs. They are not like many other brokers in the industry. These brokers also offer to trade and invest in soft commodities. That including cotton, wheat, cocoa, coffee, soybean, and corn. It is a great way to apply and test new strategies. It gives a chance to understand the market in a better way without actually incurring any losses.
First is 1-on-1 online trading for newcomers and a Traders guide. They also have a refer-a-friend option. Family members except for the same household ones also count. Formula Investment House Ltd is the parent company of iForex. The European subsidiary of the iForex Group is in Cyprus. These feelings of the clients could mean lesser protection towards them. But on the brighter side, cybersecurity is very well taken care of.
They also have a protection policy against negative balance. This prevents clients from losing more money than they have deposited. They are economic calendar, live charts, trading signals, and trading sentiments. They also offer what they call an International Fixed Interest Account. If you are a trader, this might be what you were looking for, best selection, efficient platform, and pro…. Amazing platform and amazing company I have been with them for almost five year ,customer support is great….
Excellent and awesome app. I really enjoying and making profit with the help of this app. Getting Started Education Center. Login Register. English India. Please leave a message and we will get back to you. Your name Subject Message Send. Uncertain about making your first deal? Watch real experts in action and make your move Join our Trading Room to watch and follow real, independent traders in action. Register for your free access. Trade hundreds of financial instruments Choose from over CFDs and take advantage of market opportunities.
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Join iFOREX, a leading, prominent broker, and access market opportunities. Benefit from free 1-on-1 trading, education, bonuses and more. The iFOREX trading platform operates smoothly on any computer or mobile device - no download required. It includes cutting-edge features, market information. The iFOREX trading platform is custom-built using proprietary technology and client feedback as guidance to provide one of the most advanced.