iFOREX

Forex and CFD BrokerFounded 1996Limassol, Cyprus

Reviewed September 2, 2026

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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 & Limitations

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

Category Scores

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

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.

Regulators

Name
Cyprus Securities and Exchange Commission (CySEC)
Status
Yes
Tier
standard
Name
British Virgin Islands Financial Services Commission (BVI FSC)
Status
Yes
Tier
offshore

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

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(available)FXnet Mobile App(available)

Features

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

Availability

Desktop Windows(not available)Desktop Mac(not available)Web(available)Android(available)Ios(available)

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.

Available assets

Forex
Available
Commodities
Available
Indices
Available
Stocks
Available
Etfs
Available
Cryptocurrencies
Available
Bonds
No
Options
No
Futures
No

Trading Conditions & Tools

Trading conditions

Overview
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.
Execution
Suitable For
Beginner tradersDiscretionary tradersDay tradersSwing traders

Tools & resources

Overview
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.
Tools
Market BuzzPulseTrading ExpertTrading SignalsTrading Sentiment

Support & Account Opening

Customer support

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

Account opening

Overview
Account opening is a fully digital process that includes personalized training as part of onboarding, alongside identity verification and document submission.
Process
Digital registrationAccount selectionPersonalized trainingIdentity verificationDocument 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
Available
Mobile trading
Available

Trader Compatibility

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

Who It's For

Best for

  • Beginner traders
  • Discretionary Forex traders
  • Gold traders
  • Traders who value personalized coaching
  • Mobile and web-based traders

Not recommended for

  • MT4/MT5/cTrader users
  • EA and algorithmic traders
  • US-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.

8.3/ 10
iFOREX rating
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Trading carries risk. Review the broker’s current terms directly before opening an account. This page is informational and not financial advice.