IForex offers its clients a single universal account type with leverage up to 1: An Islamic account that is interest-free and adheres to Islamic Sharia Laws is also available with this broker. Unlike most forex brokers, however, this one does not offer free demo accounts.

Forex Market vs. Stock Market | easy-forex

Practice accounts with IForex are created only after you activate a real trading account. Founded in , iFOREX is an international group, comprising the following companies: Undoubtedly, the most reliable regulation is the one in Cyprus. CySEC applies certain rules and requirements to Cyprus Investment Firms. Additionally, every CySEC- regulated investment company is also MiFID compliant and therefore entitled to offer cross-border services within the EU.

This broker fixed spreads only and warns that they may widen in extreme market conditions.

As most fixed-spread brokers, IForex offers commission-free trading. For purposes of comparison, FXTM provides fixed spreads of 1. For further information, you may look up real-time spreads of 15 leading brokers here.

The maximum leverage level offered by IForex is 1: Nonetheless, many Cyprus-based brokers offer even higher leverage rates - for example, FXTM provides leverage up to 1: You may check out a list of brokers, providing leverage equal to or exceeding 1: Also, investors may pre-determine a Stop Loss or a Take Profit.

One-click deal execution is also available. IForex supports the following payment methods: IForex is a reputable FX and CFD broker with long history and strong regulation.

What is more, it offers Negative balance protection. Unfortunately, MT4 is not available with IForex, and it utilizes a Market Maker model.

To cut things short, here are the advantages and drawbacks with regards to this broker: Member of an international group with more than 20 years of experience. Forex trading carries a high level of risk and may not be suitable for all investors. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it.

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Trade with 1 pip fixed spread. No choice of trading platforms, no MT4. No free demo account. High leverage levels offered, bonuses available.