iFOREX

Forex and CFD Broker· Founded 1996 .Limassol, Cyprus

Reviewed 2026-09-02

8.3
Overall score
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TraderZone Verdict

iFOREX is an established CFD broker with roots dating back to 1996, offering access to 900+ instruments through its proprietary FXnet platform. Its strongest differentiators are personalized 1-on-1 coaching, multilingual support and a range of AI-driven market-analysis tools, though it lacks MT4, MT5 and cTrader support.

Strengths

  • Long operating history, now listed on the London Stock Exchange (LSE: IFRX)

  • Proprietary FXnet trading platform

  • Personalized 1-on-1 coaching

  • Multilingual customer support

  • Strong educational and market-analysis tools

Limitations

  • No MT4, MT5 or cTrader support
  • No dedicated Windows or Mac desktop platform
  • Limited advanced algorithmic trading capabilities
  • Not available to US traders

Platforms & Technology

iFOREX operates exclusively through its proprietary FXnet platform, available via web and mobile app, with integrated market-analysis tools. It does not offer MT4, MT5, cTrader or a dedicated desktop application.

Platforms

  • FXnet Web Platform
  • FXnet Mobile App

Availability

  • Desktop Windows
  • Desktop Mac
  • Web
  • Android
  • Ios

Features

  • Advanced charting
  • Market Buzz AI-driven insights
  • Trading Signals
  • Trading Sentiment
  • Trading Expert

Category Scores

Regulation Safety9.0/10
Trading Costs8.5/10
Platforms Technology7.8/10
Asset Coverage8.5/10
Trading Conditions8.0/10
Tools Resources9.0/10
Customer Support9.0/10
User Experience9.0/10
Account Opening9.0/10

Broker Overview

iFOREX is an established global CFD broker founded in 1996, offering access to more than 900 financial instruments through its proprietary FXnet platform. Its parent company, iFOREX Financial Trading Holdings Ltd, listed on the London Stock Exchange (IFRX) in February 2026.

Markets

ForexGoldCommoditiesCryptocurrenciesIndicesStocks

Available Regions

European UnionInternational

Regulation & Safety

iFOREX provides a client-protection framework through regulation by CySEC and the BVI Financial Services Commission, with segregated client accounts and negative balance protection in applicable jurisdictions. Regulatory protections vary depending on which entity serves a given client.

Cyprus Securities and Exchange Commission (CySEC)British Virgin Islands Financial Services Commission (BVI FSC)

Trading Costs

iFOREX uses spread-based pricing with no separate trading commission and no deposit or withdrawal fees. An inactivity fee applies only after 12 months without activity.

Minimum Deposit: $100

Commission Model: Spread-based CFD pricing with no separate standard commission

Overnight Fee: Overnight financing charges apply to positions held past end of day; swap-free Islamic accounts are available

Inactivity Fee: Applies only after 12 months of account inactivity

Asset Coverage

iFOREX offers more than 900 tradable instruments across Forex, commodities, cryptocurrencies, indices, stocks and ETFs, though it does not offer futures or options trading.

900+ CFD instruments

  • Forex
  • Commodities
  • Indices
  • Stocks
  • Etfs
  • Cryptocurrencies
  • Bonds
  • Options
  • Futures

Trading Conditions

iFOREX offers a single, straightforward Trading Account with region-dependent leverage, alongside Demo and Islamic account options. Advanced algorithmic trading capabilities are limited given the absence of MetaTrader or cTrader support.

Beginner tradersDiscretionary tradersDay tradersSwing traders

Tools & Resources

iFOREX provides a strong suite of proprietary market-analysis tools, including AI-driven news analysis and trading signals, alongside educational guides, articles and a 12-lesson video course.

Market BuzzPulseTrading ExpertTrading SignalsTrading Sentiment

Customer Support

iFOREX offers multilingual customer support Monday-Friday from 04:00-20:00 GMT, including personalized 1-on-1 coaching for new clients.

Live chatEmailTelephoneWhatsApp

Account Opening

  1. 1Digital registration
  2. 2Account selection
  3. 3Personalized training
  4. 4Identity verification
  5. 5Document submission

User Experience

iFOREX offers a user-friendly proprietary platform with personalized onboarding and coaching, web and mobile accessibility, and multiple funding options.

Demo Account
Mobile Trading

Trader Compatibility

Forex Trader8.5/10
Gold Trader8.5/10
Scalper7.5/10
Ea Algorithmic Trader5.5/10
Beginner Trader9.5/10
Crypto Trader8.2/10
Multi Asset Cfd Trader8.0/10

Best For

Beginner tradersDiscretionary Forex tradersGold tradersTraders who value personalized coachingMobile and web-based traders

Not Recommended For

MT4/MT5/cTrader usersEA and algorithmic tradersUS-based traders

Final Review

iFOREX is an established CFD broker that combines a broad selection of instruments with a strong focus on education, personalized support and ease of use. It is a strong choice for beginners and discretionary traders, while advanced algorithmic traders who require MetaTrader or cTrader will likely find more suitable alternatives elsewhere.

Rating8.3/10