iFOREX

iFOREX

On-line since: 2006
Country of origin: British Virgin Islands
Regulation: Unregulated
Payment options: Bank wire and credit cards
Minimum account size: $100
Minimum lot size: 0.5 lot
Leverage: up to 1:400
Spreads: 3 pips on EUR/USD

iForex is an international broker at Forex currency market.
iForex Company was established in 1996, and is managed by a group of bankers and traders at Forex market.
At present, the number of iForex Company clients is more than tens of thousands traders around the world. In 2004, iForex initialized a trading platform iForex; it provides the clients with two trading platforms- the installation platform FXnet-Trader and a web- version, which can be accessed from any computer.
iForex Company has its own dealing centre, which offers a possibility to trade in foreign currencies, including Spot and Forward operations, which are the major financial instruments at the international market Forex.


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23.04.2013 02:31
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MisterTickle
MT5 Maniac
Join Date: 05.12.2011
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interbank quotations look great, however, their fixed spreads aren't that good. however, 0.1 pip spread minimum seems a bit buffed as spreads theoretically can go to 0 pips so it looks like they are still buffing up the spreads.
22.04.2013 23:57
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merry88
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Join Date: 29.12.2012
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According to what is stated in their, you are required to pay a 5$ withdrawal fee whether you are withdrawing big or small amount. The 5$ fee is fixed. I don't mind because it is a very small fee to pay compared to what you pay in other platform.
27.04.2012 04:46
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janknoah1
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Join Date: 06.07.2011
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I just saw something like minimum withdrawal amount as $1 and withdrawal fee as $5, does it mean that they charge commissions on withdrawals?
18.04.2012 13:14
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Alexcander
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Join Date: 21.09.2011
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Yeah, sometimes the comments are not real. No matter these comments are positive or negative, you shouldn’t trust on them completely. The best way is to try their services by yourself. In profiforex, there is an account type, cent account. This account is micro account, you can deposit even several dollars to test their service. I registered a micro account in Profiforex, for now I haven’t met any problem, their services are OK.
10.04.2012 05:39
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darrylpunk
FX Vampire
Join Date: 17.02.2011
Posts: 2001
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Sometimes some other brokers are very good when your at demo account. But when your opening or trading their real account with them you will discover some of their negative aspect.
08.04.2012 23:22
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logy
My pips hand is weak
Join Date: 23.03.2012
Posts: 138
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and then, did you withdraw yet or not?. share us your experiment in withdrawal.
13.03.2012 16:14
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ekajoey
FX Zombie
Join Date: 24.10.2011
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until now I did not see the latest developments of the broker profiforex, they have not made up to dates on the system of deposit and withdrawal of online accounts that can be used apart from moneybookers and webmoney I think is still a little trader who joined the broker on this one
07.03.2012 17:46
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index1php
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Join Date: 24.06.2010
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Honestly speaking, there is no any brokers can meet all the needs from clients in the world. The fact is we should choose a forex broker which is suitable for you. No matter you trade in Profiforex or Instaforex, if their services can meet your demand, it is a good broker for you. Maybe you will say, we should check their reviews before joining. Yes, the reviews of brokers can say something. But did you know, there are many fake reviews on all kinds of forums or rate sites made by the brokers. So don't 100% reply on the reviews of brokers! I think more wise methods to test the services of brokers are to trade with them for a little while. Try their technical services, deposit, withdrawal methods, and their trading platforms. You will see the true colours of these brokers. Although this method is more rational, but if you want to use this method to test the services from FXCM or FOREX.COM, you will meet many problems, because they have the minimum deposit level. For those forex brokers, you’d better don't use this method. But for the brokers who provide micro account, I think it is a good way to test their service. Like above mentioned, Profiforex and Instaforex. They all provide the cent account (micro account). You can deposit even 5$ to test their services. Instaforex had launched for a while, traders know more about them, no need to say more about it. I just deposited 50$ to Profiforex. For now, I am comfortable of their service. Maybe later, I can update my review about this broker. Any update from this broker? I think they only accept webmoney and moneybookers(skrill). Please note, that minimum withdrawal amount is 1$ and withdrawal fee is 5$.
07.03.2012 17:28
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berich
FX Zombie
Join Date: 20.12.2010
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this is my first time am hearing about them are you sure you are not being lured by their demo contest to scam your money. Any way check if they are registered by the necessary financial regulatory bodies.
15.12.2011 16:41
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goldeneyes
Forum Guru
Join Date: 14.12.2010
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I dont know and never heard about the profit forex. maybe this is a new broker that launching a marketing system. so far I still comfortable and feel insta really suit my trading condition. I think we just focus to learn and keep research of the good trading system instead of looking for broker.