iFOREX Company Overview

　　

Founding Date and Background

　　iFOREX, a prominent player in the forex trading industry, was founded in 1996. The company has established itself as one of the largest and most respected brokers in the industry, providing vast liquidity and generating significant trading volume. iFOREX aims to meet the evolving needs of modern traders by combining advanced technology with exceptional customer service.

　　

Parent Company/Ownership Structure

　　iFOREX operates under the umbrella of Formula Investment House Ltd., which is a well-established financial services company. The parent company is responsible for various financial services and has expanded its offerings over the years.

　　

Headquarters Location

　　The headquarters of iFOREX is situated in Limassol, Cyprus, specifically at the corner of Agiou Andreou & Venizelou Streets, Vashiotis Agiou Andreou Building, Second Floor, P.O.B 54216.

　　

Global Business Scope

　　iFOREX serves a global clientele, boasting over 8 million users across more than 100 countries. The company facilitates around 35,000 daily transactions and supports trading in over 16 languages, demonstrating its commitment to catering to a diverse international audience.

　　

Main Regulatory Bodies

　　iFOREX is regulated by several financial authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the British Virgin Islands Financial Services Commission (BVI FSC). These regulatory bodies impose strict requirements to ensure that the broker adheres to industry standards, providing a level of assurance to its clients.

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Company History and Development

　　

Key Milestones

　　Since its inception in 1996, iFOREX has achieved several key milestones:

• 1996: iFOREX was founded, establishing its presence in the forex market.
• 2004: The company launched its proprietary trading platform, enhancing the trading experience for its clients.
• 2010: iFOREX received its license from the BVI FSC, further solidifying its regulatory standing.

　　

Business Expansion Journey

　　Over the years, iFOREX has expanded its business globally, increasing its user base significantly. The company has extended its services to various regions, adapting its offerings to meet local market demands.

　　

Customer Base Growth

　　iFOREX has seen substantial growth in its customer base, with over 8 million registered users. This growth can be attributed to its commitment to providing a user-friendly trading environment, comprehensive educational resources, and responsive customer support.

　　

Platform Development History

　　The development of iFOREX's proprietary trading platform has been a cornerstone of its success. The platform has evolved over the years to include both web-based and mobile applications, allowing traders to access their accounts and execute trades conveniently from anywhere in the world.

　　

Important Awards or Recognitions Received

　　While specific awards and recognitions were not highlighted in the available information, iFOREX's reputation as a leading broker is supported by its large user base and the trust it has built over its years of operation.

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Trading Services Offered

　　

Forex Trading Options

　　iFOREX offers a robust selection of forex trading options, providing access to a wide range of currency pairs. The broker supports trading in over 90 currency pairs, allowing traders to engage in both major and exotic pairs.

　　

Stock Trading Options

　　In addition to forex, iFOREX provides trading options for various stocks, allowing clients to diversify their portfolios and take advantage of stock market movements.

　　

CFD Trading Products

　　iFOREX specializes in Contracts for Difference (CFDs), allowing traders to speculate on price movements without owning the underlying asset. The broker offers CFDs on a variety of instruments, including indices, commodities, and cryptocurrencies.

　　

Other Financial Instruments

　　Traders at iFOREX can also engage in cryptocurrency trading, with access to popular cryptocurrencies such as Bitcoin and Ethereum. The inclusion of commodities and ETFs further enhances the range of financial instruments available to clients.

　　

Special Services or Unique Advantages

　　iFOREX distinguishes itself by offering high leverage options, reaching up to 1:400, and providing negative balance protection. The broker also emphasizes its commitment to education, offering personal training sessions and a variety of educational resources to support traders at all levels.

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Regulatory and Legal Background

　　

Detailed Regulatory Information

　　iFOREX operates under the regulatory oversight of:

• Cyprus Securities and Exchange Commission (CySEC): License number 143/11.
• British Virgin Islands Financial Services Commission (BVI FSC): License number SIBA/L/13/1060.

　　These regulatory bodies ensure that iFOREX adheres to strict standards of financial conduct, protecting clients and maintaining market integrity.

　　

Legal Entity Structure by Region

　　iFOREX's legal entity structure varies by region, with its operations primarily regulated by CySEC and BVI FSC. The company does not accept clients from the United States.

　　

Client Fund Protection Measures

　　iFOREX implements several measures to protect client funds, including:

• Segregated Accounts: Client funds are held in separate accounts with leading banks, ensuring that they are not mixed with the company's operational funds.
• Negative Balance Protection: This policy guarantees that clients cannot lose more than their initial investment, even during periods of extreme market volatility.

　　

Countries/Regions Served

　　iFOREX serves traders from over 100 countries, providing access to its services in multiple languages. The broker's global reach reflects its commitment to catering to a diverse clientele.

　　

Compliance History

　　While specific compliance history details were not provided, iFOREX's regulatory framework suggests a commitment to adhering to industry standards and regulations.

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Competitive Landscape

　　

Main Competitors

　　iFOREX competes with several key players in the forex and CFD trading market, including:

• eToro
• Plus500
• IG Group
• XTB
• AvaTrade

　　

Positioning in the Industry

　　iFOREX positions itself as a leading broker with a strong emphasis on technology and customer service. Its proprietary trading platform and extensive educational resources are designed to attract both novice and experienced traders.

　　

Market Differentiation Factors

　　iFOREX differentiates itself through:

• Proprietary Trading Platforms: The broker's unique platforms offer advanced trading tools and a user-friendly interface.
• Comprehensive Educational Resources: iFOREX provides a wealth of educational materials and personal training to support traders in their journey.
• High Leverage Options: The availability of high leverage appeals to experienced traders looking to maximize their trading potential.

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　　In conclusion, iFOREX has established itself as a reputable broker in the forex and CFD trading landscape. With a commitment to customer service, a wide range of trading options, and robust regulatory oversight, iFOREX continues to attract traders from around the world. For more information about iFOREX and its offerings, learn more.