IFOREX is focused on beginners who need training materials. It offers a quality education that allows you to reach a new professional level. By reading such loud statements, a market player can invest his capital in a dubious project. This is exactly what scammers who provide fake services achieve, taking away all client funds.
What do they say on the official website?
In a special section “About us” the intermediary introduces a potential client to a fictional story. iForex claims to have been founded in 1996. At the moment, she calls herself the absolute leader of the industry. The exchange broker offers its services around the world, generating huge trading volumes and excellent liquidity. It promises its customers access to a hundred CFD contracts and fresh market news.
The office is trying to attract new investors, naming its key features:
- Brand specialists have developed their own platform and mobile application.
- The trader can trade more than 750 CFD contracts for different groups of assets.
- Provides excellent customer support in the user’s native language.
- A beginner can be trained in mode 1 on 1.
- The client will receive market updates and alerts regularly.
- Excellent trading conditions and narrow spreads are provided.
The company says that its system combines innovation and unique knowledge. It sets itself a high goal – to provide its customers with all the resources necessary for full training and making the right decisions. The trademark is authorized and regulated by the UK Commission. A limited liability company was registered in England, Wales. On the broker’s website you can find the number of the registration chamber.
Trading conditions for brand customers
A market player can choose among hundreds of investment products. It has access to indices, goods, funds, currencies, stocks and derivatives. The exchange broker promises to provide highly competitive conditions for margin trading with various financial instruments. The company allows you to carry out transactions with leverage. In this case, the ratio of borrowed and own funds is not indicated. Many of the nuances of cooperation will have to be clarified with a personal manager.
iForex offers several tools to improve trading experience:
- signals. The trader will receive instant indications of a price change.
- Live charts. The market player can choose one of the advanced price display modes.
- economic calendar. A unique tool that allows you to prepare in advance for important events.
- Indicator Wizard. The merchant has several leading indicators available.
- mood. A special indicator that allows you to track the mood of other players.
The iForex broker offers to use its own software. Its development is allegedly simple to use and high functionality. The company claims that its program is based on extensive trading experience and fully complies with all regulatory requirements. The client can access multiple devices. He will make profitable trades using trading signals, indicators and graphic visualizations.
Training with this office
iForex promises to provide free access to information and educational resources. It invites the client to expand his understanding of the world market, getting a new idea of trade. A registered user gains access to unique information tools and educational resources in various formats.
A market player can count on individual training with a specialist. He is given a demonstrative account with a virtual deposit of $5,000. Using a demo account, the trader will test new strategies and develop their professional skills.
The brand’s specialists have created several informative videos that are devoted to different topics related to trade. The client receives exclusive online investment guides. The exchange mediator developed programs for both beginners and experienced traders. He claims that with the help of these materials, the merchant will be able to reach a higher level of profit.
What they say about iFOREX: reviews of traders
Market players claim that trading in this system is impossible. The company carries out fictitious transactions, deceiving its customers. Employees drain the deposit in order to lure as much money as possible. Over time, they stop answering calls and messages. The web portal is completely anonymous, and therefore it will not be possible to punish scammers.
Customers point to a bad impression of the iForex project. The review allows us to draw a conclusion about the complete insolvency of the office. Traders complain about constant technical failures, hangs and other problems with the platform. In some cases, there were slippage, the feet did not work.
Practicing traders note the criminal fraud of the project. Employees love to cheat. They promised that after replenishing the account for $100, the balance would double. As a result, bonus funds were not received. The promised training was not provided. Everything indicates that the office publishes empty statements.
The company lures new customers with fraudulent tricks. In some cases, it makes payments, but the procedure takes several days. At night, an unusual activity was noticed on the account. Employees independently carried out transactions without coordinating them with their trader. Managers force the investor to make a deposit or increase it. It seems that the only task of the brand is to evacuate funds.
What to expect from an iForex swindler?
The test showed that this office provides very mediocre services. Its terminal cannot be called unique or reliable. The program works extremely poorly and does not allow traders to enrich themselves on pricing. Experienced participants in the world market are advised to stay away from IFOREX. Fraudsters hide behind exchange trading, while in fact they are engaged in impudent deception.
