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iFOREX Reviews 55

TrustScore 2.5 out of 5

2.7

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Rated 5 out of 5 stars

It´s a easy way to enter in the world of the investment, they offer a very good promotion when you deposit your money and it has all of you can want for investment, markets, crypto, coins, primary mat... See more

Rated 1 out of 5 stars

This company is a scam! I had 4X return on my investment and wanted to add more balance but weeks went by where they blocked my deposits page and couldn’t load anymore funds! Then I started runn... See more

Rated 5 out of 5 stars

Great experience is from the signals provided but should not be taken for perfect. There we should take these signals to determine our own decision close to the right deal direction after analysing... See more

Company replied

Rated 1 out of 5 stars

Huge spreads, poor (slow) executions, putting money in is easy, getting it out takes forever, bad costumer service. Really a broker to lose your money this was one of my first brokers DONT GO HERE if... See more

Company replied

Company details

  1. Finance Broker

Written by the company

iFOREX is a regulated and secure online broker with over 25 years of market experience. We enable traders worldwide to invest in over 750 financial instruments while benefiting from excellent trading conditions and a wide variety of special offers.


Contact info

2.7

Poor

TrustScore 2.5 out of 5

55 reviews

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1-star

Replied to 50% of negative reviews

Typically takes over 1 month to reply

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Rated 1 out of 5 stars

This company is a scam

This company is a scam!

I had 4X return on my investment and wanted to add more balance but weeks went by where they blocked my deposits page and couldn’t load anymore funds! Then I started running out of margin and was on the phone with them! They played me saying it’s a technical issue from higher ups! They promised it would be sorted but my margin was running out and I told them about this but they kept promising that the tech people are on it! I realised that this was market manipulation and they were preventing me from making deposits to protect my investment and I wrote them and then the agent called me promising it will be resolved! Then shortly within 2 minutes after the call they closed my trades depleted my profits and was left with initial deposit amount which was also in red so I realised now suddenly the deposits page works after they closed my other trades shortly after he dropped the call! So he was scamming me wanting me to feel that I still have my initial amount so I should deposit more to save my account but I didn’t cause then I realised this firm is a scam ! You won’t be able to withdraw your money at the end and if you are a winner they will block you from adding more money cause they want you to lose!

It’s a scam guys be careful don’t use this company !

April 8, 2026
Unprompted review
Rated 1 out of 5 stars

Please don't loose your money..

Please don't loose your money... I deposited 500 $... 4 days gone.... Still no response... My account is still showing zero.... Don't loose your money... Before deposit they are calling no of time... After deposit there is no response...

March 1, 2026
Unprompted review
Rated 5 out of 5 stars

Great experience is from the signals

Great experience is from the signals provided but should not be taken for perfect.
There we should take these signals to determine our own decision close to the right deal direction after analysing the latest information of any instrument.
Discipline with applied strict rules will make you successfull in all the deals.
Thanks for the service.

February 19, 2026
Unprompted review
iFOREX logo

Reply from iFOREX

Thank you for your 5-star review!

We’re glad to hear that you’ve had a great experience with the signals provided. We also invite you to explore all the other tools available for traders on our platform to enhance your trading experience.

Thank you for choosing iFOREX, and we truly appreciate your thoughtful feedback!

Rated 1 out of 5 stars

They are taking my deposit....even I…

They are taking my deposit....even I didn't trade single lot... please don't install the app... you capital never get back to you...my personal experience...I deposited cash 45000 on 27.01.2026...till date I don't receive my cash...poor response... please don't believe the app

January 27, 2026
Unprompted review
Rated 1 out of 5 stars

They have zero care for clients

They have zero care for clients, no proper response.
Timelines are not met for withdrawals. Deposits are welcome but they do not give two hoots when you are running after your withdrawals.

They just try to delay withdrawals by any means.
All in all they do not even tell you about ulta low spread account

December 10, 2025
Unprompted review
iFOREX logo

Reply from iFOREX

We understand how important timely access to funds is, and we aim to handle all withdrawal requests in accordance with our established procedures and regulatory requirements.

Please note that withdrawals are processed within specific timeframes, which may vary depending on the account type, verification status, and payment method used.
Our team has been in contact with you to explain these timelines and to assist throughout the process.

Regarding account features, full details about spreads, account types, and conditions are always available, and our support team is happy to clarify any aspect at any time.

Rated 1 out of 5 stars

I deposited $500 into my iFOREX account…

I deposited $500 into my iFOREX account (Account No: 11444550) and received a $500 bonus as part of their promotion. Without any notice or explanation, the bonus was suddenly removed while I was trading.

This lack of transparency and clarity from iFOREX support has caused serious inconvenience and loss of trust.

September 18, 2025
Unprompted review
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Reply from iFOREX

Hello Sachin,
In certain cases, following a review conducted by our team, promotional bonuses may be removed if any irregularities or uses that do not comply with the applicable terms and conditions are identified.
At the time of receiving the bonus, clear and transparent information is always provided regarding the rules and requirements for its proper use.
We invite you to contact our customer support team for further details regarding your account.

Rated 1 out of 5 stars

Don't trust some ac mangers

My name is S ANAND snd my ac no with iforex is 11193259.And deposited 1000 usd on 12.5.2025 for trading bonus of 60% to deposit amount. I got 1600 usd before starting trade .aftern doing few trades bonus removed on 19.5.25 .I tried to contact my account manger mr imtiaz who told me to deposit ,he is not willing to contact me there after.I am sending mails and messages through WhatsApp but not contacted me till today. I got mail from another account manager that you read terms and conditions once .And I given 5 to 6 members as refferal but my reffer bonus what the imtiaz said not given to me as he said of 50 usd each.I need not any explanation and compensation with iforex .You stand on your promise only. Don't behave like saying is different than doing.

May 30, 2025
Unprompted review
iFOREX logo

Reply from iFOREX

Hi S Anand,
we apologize for the thank you for sharing your feedback. We’ve tried to review your case on our side, but in order to make sure we’re referring to the correct account, we kindly ask you to contact us directly.

This way we can provide a clear explanation after a thorough check and discuss the matter with you personally.

We’ll be glad to assist and see what can be done.

Best regards,
The iFOREX Team

Rated 5 out of 5 stars

A company able to provide a lot of…

A company able to provide a lot of accurate trading signals. Also, all the trading tools are well-integrated with the proprietary platform they offer.

March 6, 2025
iFOREX logo

Reply from iFOREX

Thank you for the kind words! It’s great to hear you value both the trading signals and the tools in our platform. We appreciate your trust — happy investing!

Rated 5 out of 5 stars

Comprehensive educational center

Comprehensive educational center. I was a complete beginner but now I know how markets work thanks to iFOREX.

March 1, 2025
iFOREX logo

Reply from iFOREX

Thank you for your feedback! We’re happy to know the Education Center supported you in your trading journey. Keep learning and happy trading!

Rated 1 out of 5 stars

very crazy changing spreads and overnight fees constant rules change very unsafe for you money to be in this mess !!!

been trading with them for many years myself family and friends .everything was ok. until they recently changed rules about margins and spreads without informing clients. leading to many crazy thing happening. firstly they never needed margin to open any hedges for existing deals. as i use hedging to protect my trades i had hedges in place which didn't open .moreover crazy changing spreads. and crazy overnight and rollover fees. i have paid hundreds of dollars unjustified in the last weeks.

when i complained to the company they havent been able to properly respond why they are allowed to change rules about all thing without informing clients making the app waaaaaaay worse than it used to be.

in todays market of this much brokers they dont rank anywhere near the top but more closer to the bottom!!!

November 12, 2024
Unprompted review
iFOREX logo

Reply from iFOREX

Dear Mr. Saleh,

We regret to hear that you are unhappy with your recent experience with our app. We take pride in the fact that we have clients such as yourself who have been trading with us for many years.

However, having said that, our trading conditions are detailed on our website, including margin requirements. Nothing has changed in this respect. Regarding spreads, those have actually decreased over the past years, except in events of extreme volatility where spreads are increased according to market conditions and prices we receive from our vendors.

Please contact our customer support for assistance at +30-210-374-2599

Rated 4 out of 5 stars

Trading Nvidia stock

I was surprised to find out that iForex provides high leverage on the stock market. For example, recently I was trading Nvidia stock and there is a high leverage available up to 1:20 but of course, I didn’t abuse it, otherwise I would get big problems with my deposit.
It seems there is a resistance level of 130$ and the price can’t break out of this level. Anyway, I opened a short position with 1:10 leverage from this level and closed a profit position when the price reached 120$ dollars. I’m waiting for a bull run on the stock market and especially I have tremendous expectations from Nvidia company.

September 13, 2024
Unprompted review
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Reply from iFOREX

Thank you for your detailed and positive review!
We’re glad to hear that you’re enjoying trading stocks like Nvidia with iFOREX and making good use of the instruments our platform provides.
We appreciate you sharing your experience and insights, and thank you for choosing iFOREX!

Rated 5 out of 5 stars

Excellent broker

iForex has stood the test of time and proved they know traders. Always keeping it simple. 👍
I have been trading for quite some time, and have been aware of iForex even longer. However, I just recently started to work with them, and I like its concept of one account for all with tight spreads and low costs.Great welcome package is indeed for new clients too, so check it out…

June 1, 2024
Unprompted review
iFOREX logo

Reply from iFOREX

Thank you for your excellent review!
We’re glad to hear that you appreciate the tools and possibilities offered by our platform.
We truly value your feedback and thank you for choosing iFOREX.

Rated 1 out of 5 stars

Scammers - I am struggling with this company to…

I am struggling with this company to provide my withdrawal since last month. I have submitted all my documents and now they are not replying me since a week. Really struggling to get any response from them. It is a nightmare of a company. Dont trust this company. Looks like scammers

September 10, 2024
Unprompted review
iFOREX logo

Reply from iFOREX

We apologize for the delayed response.
We have previously requested additional details from you to verify your withdrawal, but we have not yet received a response.
We apologize for any inconvenience this may have caused and kindly ask you to contact our support team at cs@iforex.com with the requested information so we can assist you as quickly as possible.
We are committed to helping our clients and resolving any issues promptly.

Rated 1 out of 5 stars

This site is a claI do not recommend trading with this site because you will never earn money.ssic scam of every…

This site is a classic scam of every user who trades with them. No one will come out with a profit from them ... I have all the evidence of manipulation and closing open positions however it suits them ... When I presented them with evidence that they are fraudsters, they just shut up ... You have more proof that you are IOS and Google play removed from their platforms because they are scammers ... They operate in an even smaller number of countries ...

May 27, 2024
Unprompted review
Rated 5 out of 5 stars

as I am from the team of positional…

as I am from the team of positional traders, swaps is something that have weight for me.
I quickly understood how swaps are calculated here for currency pairs and commodities which I trade and they turned out to be pretty favorable for me. I don't pay much when leave position open throughout several nights.
also, the leverage can be as big as 1:400. it's dangerous to leave deals open with such leverage so i don't use it that big. or if it's big, I just set stop losses behind local minimum/maximum and it reduces all the risks for me.
this strategy is time-proven and helps me to stay afloat.

July 4, 2024
Unprompted review
iFOREX logo

Reply from iFOREX

Thank you for your 5-star review!
We’re glad our trading conditions support your strategy, and it’s great to see you use leverage responsibly.
Thank you for choosing iForex!

Rated 5 out of 5 stars

Polite support agent

The customer support agents of this broker have been nothing but kind, considering the fact I ask really basic questions, but I guess as a novice trader you are supposed to ask as many questions as possible… I appreciate them for being understanding.
And I also make use of the trading expert a lot. It is a cool feature.

May 3, 2024
Unprompted review
iFOREX logo

Reply from iFOREX

Thank you for your 5-star review!
We’re glad to hear that our customer support team has been helpful and understanding, and that you enjoy using the trading expert feature.
We truly appreciate your feedback and thank you for choosing iForex!

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