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iFOREX logo

iFOREX review

2 licensed entities · iforex.com

✓ Checked Oct 14, 2026

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Coinish Score

40/100

Forex in Finland

Editor Rating

2.8/5

Forex in Germany

Best rank

24 of 25

Forex in Finland

Main cost

Not verified yet

In short

  • Licensed by CySEC and FSC BVI.
  • 2 licensed companies, so the one you sign up with depends on where you live.
  • Offers forex, CFDs, with 900+ instruments.
  • Trade on iFOREX platform and iFOREX app.
  • Offers a demo account.
  • Support by live chat and email.

What it costs

EUR/USD all-in costNot verified yet
Inactivity fee$5/month
Withdrawal feeNone
Minimum depositNot verified yet
2.8/5

How we rated it · Forex in Germany (iCFD Ltd (iFOREX Europe))

Computed from verified facts only, with published thresholds. 95% of the rating weight is backed by data. Method →

  • Regulation & safety 25%
    2.0
  • Trading costs 25%
    3.5
  • Markets & products 15%
    2.0
  • Platforms & tools 10%
    3.0
  • Deposits & withdrawals 10%
    2.8
  • Account options 5%
    not scored
  • Support 10%
    3.8

25

Modest

Market Signal

✓ Real data

Computed from Ahrefs + Semrush data about iFOREX’s own website. Not an assessment of the broker itself: it makes up half of the Coinish Score and never changes the Editor Rating. How this works →

Market strength

14

Where it stands today

Momentum

64 Rising Fast ↑↑

Where it’s heading

Data confidence

Medium

How much to trust it

  • Traffic strength
    13
  • Search visibility
    11
  • Authority
    15
  • Brand & market presence
    20

Tick mark = category average.

Compared with 88 tracked trading platforms. Data through October 2026, pulled Nov 2, 2026.

Who holds your account

The company you sign up with depends on where you live. Its regulator decides your protections.

EntityRegulatorLicenceServesCFD loss %
iCFD Ltd (iFOREX Europe)CySEC
Tier 2
143/11EEA (EU passport)
stated by the broker
–
Formula Investment House Ltd.FSC BVI
Tier 3 (offshore)
SIBA/L/13/1060Rest of world
named on the regional site
–

Platforms, funding and support

ProductsForex, CFDs
OwnerNot verified yet
Instruments900+
PlatformsiFOREX platform, iFOREX app
Deposit methodsCredit/debit card, Bank transfer, Electronic payment solutions
Withdrawal time (stated)same business day once approved (cards, electronic transfers)
Demo accountYes
Supportlive chat, email · 24/5

iFOREX ratings by country (22)

We rate iFOREX separately on each of the 22 country lists it appears on, based on the company that would hold your account there. The breakdown above is for its highest-rated one.

CountryProductEntityAccessRating
GermanyForexiCFD Ltd (iFOREX Europe)EU passport2.8/5
GermanyCFDsiCFD Ltd (iFOREX Europe)EU passport2.8/5
NetherlandsForexiCFD Ltd (iFOREX Europe)EU passport2.8/5
NetherlandsCFDsiCFD Ltd (iFOREX Europe)EU passport2.8/5
ItalyForexiCFD Ltd (iFOREX Europe)EU passport2.8/5
ItalyCFDsiCFD Ltd (iFOREX Europe)EU passport2.8/5
SpainForexiCFD Ltd (iFOREX Europe)EU passport2.8/5
SpainCFDsiCFD Ltd (iFOREX Europe)EU passport2.8/5
AustriaForexiCFD Ltd (iFOREX Europe)EU passport2.8/5
AustriaCFDsiCFD Ltd (iFOREX Europe)EU passport2.8/5
CroatiaForexiCFD Ltd (iFOREX Europe)EU passport2.8/5
CroatiaCFDsiCFD Ltd (iFOREX Europe)EU passport2.8/5
SwedenForexiCFD Ltd (iFOREX Europe)EU passport2.8/5
SwedenCFDsiCFD Ltd (iFOREX Europe)EU passport2.8/5
PortugalForexiCFD Ltd (iFOREX Europe)EU passport2.8/5
PortugalCFDsiCFD Ltd (iFOREX Europe)EU passport2.8/5
DenmarkForexiCFD Ltd (iFOREX Europe)EU passport2.8/5
DenmarkCFDsiCFD Ltd (iFOREX Europe)EU passport2.8/5
FinlandForexiCFD Ltd (iFOREX Europe)EU passport2.8/5
FinlandCFDsiCFD Ltd (iFOREX Europe)EU passport2.8/5
CyprusForexiCFD Ltd (iFOREX Europe)Locally licensed2.8/5
CyprusCFDsiCFD Ltd (iFOREX Europe)Locally licensed2.8/5

Ready to look at iFOREX? Check which company would serve you before you open an account.

Visit iFOREX

Sources (17)

  1. Licence / entity · broker's own site · iforex.com · Oct 8, 2026

    “The iFOREX Group’s European subsidiary is an investment firm licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license # 143/11.”

  2. Licence / entity · broker's own site · iforex.com · Oct 8, 2026

    “This development allowed iFOREX to cater for clients throughout the European Economic Area”

  3. Licence / entity · broker's own site · iforex.com · Oct 8, 2026

    “Formula Investment House Ltd., an investment firm licensed and supervised by the British Virgin Islands’ Financial Services Commission under license no. SIBA/L/13/1060.”

  4. Accounts · broker's own site · iforex.com · Oct 8, 2026

    “Demo Account”

  5. Support · broker's own site · iforex.com · Oct 8, 2026

    “Live Chat”

  6. Support · broker's own site · iforex.com · Oct 8, 2026

    “Email us”

  7. Support · broker's own site · iforex.com · Oct 8, 2026

    “We offer 24/5 support in your language”

  8. Licence / entity · regulator register · cysec.gov.cy · Oct 6, 2026

    “CySEC register of Cypriot investment firms: ICFD Ltd, Licence Number 143/11, trade names: iFOREX Europe”

  9. Markets · broker's own site · iforex.com · Oct 8, 2026

    “Trade 900+ assets: Currencies, Crypto and Stocks with a top broker”

  10. Platforms · broker's own site · iforex.com · Oct 8, 2026

    “Download our App:”

  11. Funding · broker's own site · iforex.eu · Oct 9, 2026

    “iFOREX Europe offers a variety of secure payment options, which may include credit/debit cards, bank transfers, and selected electronic payment solutions depending on your country of residence.”

  12. Accounts · broker's own site · iforex.eu · Oct 9, 2026

    “learning resources, and a demo account to practice trading at your own pace.”

  13. Costs · broker's own site · iforex.com · Oct 12, 2026

    “Clients’ accounts in which there have been no trading activity for a period of twelve (12) consecutive months may be charged with a quarterly inactivity fee of US$15”

  14. apps · broker's own site · play.google.com · Oct 14, 2026

    “Formula Investments House LTD”

  15. Funding · broker's own site · iforex.eu · Oct 9, 2026

    “Once approved, card withdrawals and electronic transfers are processed within the same business day”

  16. Costs · broker's own site · iforex.eu · Oct 9, 2026

    “iFOREX Europe does not charge fees on deposits or withdrawals”

  17. Licence / entity · broker's own site · iforex.eu · Oct 9, 2026

    “As an iFOREX Europe account holder, you’re entitled to our Negative Balance Protection program, which means that you can never lose more than you deposited”