In , it launched its multi-lingual internet-based trading platform and is now one of the largest and most respected firms in the industry. The iFOREX unique margin usage policy enables traders to maximize the full potential of their trading account.
Traders can also trade CFDs on currencies and precious metals such as gold as well as binary options on many of the above products in specific jurisdictions, subject to regulatory restrictions. Also, investors may pre-determine a Stop Loss or a Take Profit. In addition, it is also possible to gain or risk by setting a pre-defined rate with which to open or close a position.
Traders receive constant up-to-date account monitoring options which allow them to view their opened positions, collateral and exposure values in real time. This real-time service gives investors full control over their portfolios and aids management immensely. AT iFOREX, free direct access to advanced trading charts and market indicators with charts allow multiple time frame analysis and the ability to perform advanced technical analysis.
These charts help investors visually track currency price movements and analyze market trends. The Advanced Trading Signals option sends traders live updates on the latest market trends for the 65 hottest currency pairs, leading indices and commodities. The website is available in close to 20 different languages. In addition, iFOREX offers a direct link to the Trader Base website which is a leading source of information for online Forex trading and is a total world onto itself.
At the time of this review, the only bonus available was a refer-a-friend type promotion. Account holders can send iForex the names and contact information of 5 friends and they will be contacted by an iForex representative.
Each unique learning guide is easy-to-read and is applicable for traders at every experience level. Some of the interesting video courses include the basics of Forex trading, moving averages, common trading mistakes, how to profit from the news and others. The iFOREX e-books accompany many of these interactive courses and a full glossary of financial terms is available.
Free educational packages can be ordered by simply filling out an online form. They will also find the iForex blog full of relevant articles on current market events. This is very helpful for those who need immediate assistance even during non-working hours.
Its educational material is vast and although there is only one standard account, the choice of several different platforms makes trading easy for both novice and experienced investors. More bonuses would be beneficial as well. Report Broker Scams Forex Widgets. Due to strict US regulation many brokers aren't able to accept traders with US citizenship. See our list of recommended brokers that do accept US traders. Top Online Forex Brokers.
Advantages Several trading platforms Demo account. Disadvantages Only on trading account No bonuses. Sara Patterson Review Date: Enter your email address here:More...