
Meta Trader 5
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What Wikilix has recorded about iFOREX Europe: its history, the licences it holds, its trading conditions and its fees.
iFOREX is an international online FX and CFD trading broker with robust regulatory frameworks in multiple jurisdictions. Detailed operational and regulatory information on iFOREX is publicly available, contrary to the previous writer's claim. Founded in 1996, iFOREX is part of the iFOREX Group, which has provided online CFD and forex trading services for years.
The European operation, known as iFOREX Europe, is regulated and primarily serves clients in the European Economic Area (the “EEA”). In addition to its proprietary platform, iFOREX offers retail clients access to a web-based platform and provides educational resources to help traders develop their skills and understanding of global markets.
For retail traders, iFOREX Europe enables global trading through proprietary web and mobile platforms. Key offerings include:
• Forex trading
• Commodity CFDs
• Global indices
• Stock CFDs
• ETF CFDs
• Webinars and educational resources
• Market insights
• Multilingual customer support
iFOREX's overall emphasis is to provide beginner traders with more educational materials and to make it easier for them to access their accounts.
iFOREX Europe provides access to a broad range of tradable assets, including:
• Major and minor currency pairs
• Commodities: gold, silver, oil
• Major global indices
• Stocks and stock CFDs
• Trusts
• Cryptocurrency CFDs (subject to regulation and location)
By trading all these instruments, iFOREX clients can diversify their exposure across different asset classes.
iFOREX’s educational materials have significant visibility. iFOREX provides:
• Tutorials for trading
• Web-based education
• Market news and analysis
• Webinars
• Beginning trading guides
These educational resources are designed to help beginning traders learn the basics of financial markets and trading.
The original text incorrectly suggested that there is insufficient public information regarding iFOREX Europe’s regulatory status.
In reality, iFOREX Europe operates under European regulatory supervision through:
Cyprus Securities and Exchange Commission (CySEC)
The European entity is generally associated with:
Regulatory Body | License Holder | Status |
|---|---|---|
Cyprus Securities and Exchange Commission | iCFD Ltd | Regulated |
CySEC regulation means the broker must comply with European financial rules relating to:
Client fund segregation
Investor protection requirements
AML/KYC compliance
Risk disclosures
Leverage restrictions under ESMA guidelines
However, traders should always independently verify license details directly through the regulator’s official database.
The original text incorrectly claimed that almost no information is publicly available regarding trading conditions.
In reality, iFOREX publicly provides basic information regarding its platform and trading environment, although some detailed account specifications may still vary by region.
Key publicly known points include:
Proprietary trading platform
Web and mobile platform access
Variable spreads
Leverage limitations based on European regulations
CFD trading functionality
Risk management tools
Trading Condition | Details |
|---|---|
Spreads | Variable spreads |
Leverage | Subject to ESMA/CySEC limits |
Minimum Deposit | Varies by region/account |
Trading Platform | Proprietary web/mobile platform |
Unlike many brokers, iFOREX does not primarily rely on MetaTrader 4 or MetaTrader 5 as its core offering.
The original article overstated the lack of available fee information.
iFOREX does disclose parts of its fee structure, although exact costs may vary depending on instrument and market conditions.
Typical trading-related costs may include:
Spread costs
Overnight financing (swap) fees
Potential withdrawal processing conditions
Currency conversion fees
Fee Type | Details |
|---|---|
Deposit Fees | Usually limited or not charged directly by broker |
Withdrawal Fees | May depend on payment method |
Commission | Mostly spread-based pricing model |
Traders should still review the broker’s official legal and pricing documents before opening an account.
Previous versions suggested there was very little public input on iFOREX. Many forums, reviews, & other sources exist to help traders who want an idea of what trading with iFOREX is like. Public opinions on brokers can be generally like this for most retail CFD brokers:
-Platform usability
-Education
-Withdrawals
-Customer Support
-Cost
All clients should check at least 3 independent sources of information before deciding to trade with iFOREX.
iFOREX Europe has not undergone any substantial/major changes in its operations since the original article was written. Similar to many European brokers, the operations of this broker have been affected by:
-ESMA
-European leverage limitations
-Ongoing CFD compliance issues
-Market volatility and other updates regarding crypto regulations
All clients should keep an eye out for broker announcements and regulatory updates regarding these issues.
iFOREX is a long-standing online broker offering CFDs and forex to retail clients through regulatory bodies in Europe and other regions. There is a great deal of public information about the regulation, structure, platform, trading services, etc., associated with this broker, all of which differ significantly from the original report.
They are a regulated broker in the EU via CySEC and offer multiple types of instruments through their proprietary platform. As with any broker, all traders are responsible for verifying the regulations that govern them, reviewing the trades provided by iFOREX, & completing their due diligence before opening a trading account.
iFOREX Europe is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked row is not a finding either way.
These are the rules CySEC sets for the firms it licenses. They are not a statement about how iFOREX Europe applies them, or about which of its companies would hold your account.
These are the rules BVI FSC sets for the firms it licenses. They are not a statement about how iFOREX Europe applies them, or about which of its companies would hold your account.
One account type on record. Minimum deposit from EUR 500. Leverage up to 1:30.
| Account | Min Deposit | Leverage | Commission |
|---|---|---|---|
| Standard | EUR 500 | 1:30 | Not specified |
10 ways to fund an account. 10 with no deposit fee. 6 credit instantly.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
Credit/Debit Cards (Visa, MasterCard, Maestro)Credit CardWithdrawals processed back to original funding source where possible; available where Visa, MasterCard, Maestro accepted. | Free | Free | USD 100 | Not recordedNot recorded | Instant |
Bank Wire TransfersBank TransferWithdrawals may incur additional client bank fees; available globally subject to local banking regulations. | Free | USD 20 | USD 100 | Not recordedNot recorded | 5 days |
E-Wallets (Skrill, Neteller, PayPal)E-WalletWithdrawals processed back to original funding source where possible; available where Skrill, Neteller, PayPal accepted. | Free | Free | USD 100 | Not recordedNot recorded | Instant |
Cryptocurrency (Bitcoin)CryptocurrencyWithdrawals processed back to original funding source where possible; available where Bitcoin transactions permitted. | Free | Free | USD 100 | Not recordedNot recorded | Instant |
PayPalE-WalletWithdrawals processed back to original funding source where possible; available where PayPal accepted. | Free | Free | USD 100 | Not recordedNot recorded | Instant |
Local Bank Transfers (India)Bank TransferWithdrawals processed back to original funding source where possible; available for clients in India. | Free | USD 5 | USD 100 | Not recordedNot recorded | 2 days |
| Rapid Transfer (Southeast Asia)Bank Transfer1 | Free | Not recorded | Not recorded | Not recordedNot recorded | Instant |
| Local Transfers (Southeast Asia)Bank Transfer1 | Free | Not recorded | Not recorded | Not recordedNot recorded | 2 days |
| PayCoE-WalletAvailable for clients in select regions. | Free | Not recorded | Not recorded | Not recordedNot recorded | Instant |
| Local Transfers (China UnionPay)Bank TransferAvailable for clients using China UnionPay. | Free | Not recorded | Not recorded | Not recordedNot recorded | 2 days |
2 trading platforms on record: Meta Trader 5 and MetaTrader 4.

MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.
3 domains on record. All active and served over HTTPS.
One legal entity behind the iFOREX Europe brand.
4 other brokers on the record share what iFOREX Europe offers — its country, regulator, account types or platforms — set beside it on the same measures.
Common questions about iFOREX Europe
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