iForex Review

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Company Overview

In accordance with the iForex online company profile, the company was established in the year 1996, but it wasn’t until the year 2004 that the company made its move into the forex online trading market. The company was originally founded by a group of bankers and forex dealers to help assist trading and take it to a new level. Since then, hundreds of thousands of trades have been supported by the platform, and a vast amount of liquidity has been provided to its user’s worldwide.

The company’s tight spread policy added to its up-to-date pricing through interbank market rates verification make it stand out amongst other traders. It also makes use of certain safeguards to warn and protect users from over trading into deep waters.

Trading Platform

When it comes to the choice of trading platforms, iForex offers you a choice between three options. The first one is the main trading platform, known as iForex Trading Platform. It is designed to be a desktop application that is to be downloaded and installed before usage. It incorporates the following amazing features:

  • Full single screen function
  • Customized view
  • Advanced integrated charts
  • One-click opening of the deal

Then there is the web-based trading platform accessed through the internet on a web browser from anywhere around the globe. The third one is a mobile trading platform available for smartphones and other mobile devices.

Features

There are a number of features offered by iForex to its clients in order to meet its trading needs as best as possible. It is important to note that the presence of trading signals, trading charts, email alerts and mobile alerts are all amazing features, especially when added to scalping and hedging. However, the lack of MetaTrader 4 and all its features along with one-click options and automated trading features makes iForex a little less than perfect for an average user.

Customer Support

Customers are valued at iForex, which is why there are four different platforms through which a client can contact an iForex representative. The first one is straightforward and easy via an email, and the second one is via fax. However, if the customer is looking for a more personal touch, they can always make a telephone call or opt for the live chat option available on its website. The representatives are available twenty-four hours a day, five days a week for its clients.

Conclusion

The fact that iForex does not allow its consumers access to a free demo account is concerning for most traders. A more transparent trading platform is always better. However, it is important to note that it is within iForex’s right to charge $100 for its services, even if it is not a standard protocol in the industry. However, the lack of the presence of a MetaTrader 4 platform might be a deal breaker for some.

Office website: https://iforex.com/

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