iCFD Company

iCFD Company: An In-Depth Overview

1. Company Overview

Founding Date and Background

iCFD Ltd, operating under the brand name "iForex Europe," was established in 2011. The company was founded to provide a comprehensive trading platform for retail and institutional clients, offering a wide array of financial instruments including Forex, CFDs, commodities, and cryptocurrencies.

Parent Company / Ownership Structure

iCFD Ltd is a registered Cypriot Investment Firm (CIF) and is part of a larger group of financial services companies. The ownership structure is designed to ensure compliance with regulatory requirements while providing a stable platform for its clients.

Headquarters Location

The company is headquartered in Limassol, Cyprus. This location is strategic, as Cyprus is known for its favorable regulatory environment for financial services firms.

Global Business Scope

iCFD Ltd operates globally, providing trading services to clients across Europe, Asia, and other regions. The firm is focused on expanding its reach while maintaining compliance with local regulations in the jurisdictions it serves.

Main Regulatory Bodies

iCFD Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF license number 143/11. This regulation ensures that the company adheres to the European Markets in Financial Instruments Directive II (MiFID II) and other relevant legislation.

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2. Company History and Development

Key Milestones

• 2011: iCFD Ltd was established and began offering trading services.
• 2013: The company received its CIF license from CySEC, allowing it to operate legally within the European Union.
• 2015: iCFD Ltd expanded its trading platform to include a wider range of financial instruments, enhancing its service offerings.

Business Expansion Journey

Since its inception, iCFD Ltd has focused on expanding its product offerings and enhancing its trading platform. The firm has continually invested in technology to improve user experience and increase trading efficiency.

Customer Base Growth

Over the years, iCFD Ltd has seen significant growth in its customer base, attracting both retail and institutional traders. The companys commitment to providing robust trading tools and educational resources has contributed to this growth.

Platform Development History

The trading platform has undergone several updates to incorporate advanced trading tools, analytics, and user-friendly interfaces. iCFD Ltd has also integrated mobile trading capabilities to cater to the growing demand for trading on-the-go.

Important Awards or Recognitions Received

iCFD Ltd has received various accolades within the financial services industry, recognizing its commitment to client satisfaction and innovative trading solutions. However, specific awards and recognitions can vary by year and region.

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3. Trading Services Offered

Forex Trading Options

iCFD Ltd offers a diverse range of Forex trading options, with over 80 currency pairs available for trading. This extensive selection allows traders to capitalize on various market conditions.

Stock Trading Options

The company provides access to a broad spectrum of stocks from major global exchanges, enabling clients to trade shares from leading companies across different sectors.

CFD Trading Products

iCFD Ltd specializes in Contracts for Difference (CFDs), allowing traders to speculate on price movements of various underlying assets without owning them. The company offers CFDs on commodities, indices, and stocks, providing a versatile trading experience.

Other Financial Instruments

In addition to Forex and CFD trading, iCFD Ltd offers trading in cryptocurrencies, commodities like gold and oil, and various indices. This diverse range of financial instruments caters to different trading strategies and preferences.

Special Services or Unique Advantages

iCFD Ltd distinguishes itself through competitive spreads, high leverage options (up to 400:1 for Forex), and a commitment to customer service. The company also provides educational resources, including webinars and trading guides, to help traders enhance their skills.

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4. Regulatory and Legal Background

Detailed Regulatory Information

iCFD Ltd is primarily regulated by:

• Cyprus Securities and Exchange Commission (CySEC)
• Compliance with MiFID II regulations

Legal Entity Structure by Region

As a Cypriot Investment Firm, iCFD Ltd operates under the legal framework established by CySEC. The company may have regional branches or affiliates to cater to specific markets, but all are subject to Cypriot law.

Client Fund Protection Measures

iCFD Ltd is required to maintain client funds in segregated accounts, ensuring that client deposits are protected in the event of financial difficulties. Additionally, the firm adheres to strict capital adequacy requirements.

Countries/Regions Served

The company serves clients in various countries, primarily within the European Union, Asia, and certain regions of Africa. However, it does not accept clients from the United States due to local regulations prohibiting CFD trading.

Compliance History

iCFD Ltd has maintained a positive compliance record with regulatory authorities. The company regularly undergoes audits and assessments to ensure adherence to legal and regulatory standards.

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5. Competitive Landscape

3-5 Main Competitors

iCFD Ltd faces competition from several notable firms in the financial services sector, including:

• Plus500: Known for its user-friendly platform and extensive asset offerings.
• AvaTrade: Offers a wide range of trading instruments and educational resources.
• eToro: A social trading platform that allows users to follow and copy other traders.
• City Index: Provides a robust trading platform with a variety of financial instruments.

Positioning in the Industry

iCFD Ltd positions itself as a competitive player in the CFD and Forex trading market, focusing on technological innovation, customer support, and a diverse range of trading products.

Market Differentiation Factors

The firm differentiates itself through high leverage options, a wide selection of trading instruments, and a commitment to client education. Additionally, its regulatory compliance and secure trading environment further enhance its appeal to traders.

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In conclusion, iCFD Ltd, through its brand iForex Europe, has established itself as a reputable player in the trading industry. With a robust regulatory framework, diverse trading offerings, and a commitment to customer service, it continues to attract a growing base of traders looking for reliable and innovative trading solutions.

For more information on iCFD Ltd and its services, you can learn more here.