The story behind our success!
iFOREX is the trading name of iCFD Limited. iCFD Limited is the newest member of the iFOREX group, and is a registered Cypriot Investment Firm (CIF), regulated by the Cypriot Securities and Exchange Commission (CySEC) under license number 143/11.
The iFOREX Group was founded in 1996 by a group of bankers and Forex dealers and is now one of the largest and most respected firms in the industry. We have accomplished this due to our commitment to high quality customer service, state-of-the-art technology and diversity of tradable products.
iCFD Limited's license is subject to the Cyprus Investment Services and Activities and Regulated Markets Law of 2007, which harmonized the relevant laws of the Republic of Cyprus with the requirements of the European Parliament's Markets in Financial Instruments Directive (MiFID) to ensure a high level of protection for investors and that the services you receive from us comply with applicable regulations. In light of the above, we choose to adhere to strict regulatory guidelines designed to ensure transparency and protection to all our clients, and we are under stringent supervision by the Cypriot regulator.
As a member of iFOREX Group, iCFD Limited we benefit from the vast experience of the group, and are always striving to keep with the groups’ highest standards.
Due to its constant ambition to be known as a market leader through high customer service, the iFOREX Group has experienced exponential growth over the past 15 years. 2004 was a major turning point for our Group as we took a giant leap and launched our multi-lingual internet-based trading platform. Since then, The iFOREX Group has expanded its client base to tens of thousands, generating mass trading volume and providing vast liquidity to traders located across the globe.
iFOREX offers traders the choice of three user-friendly trading platforms (a web based and a downloadable platform for PC and a mobile trading platform for smartphones), constantly updated financial news and 24-hour support. Clients of iFOREX are therefore able to trade whenever they choose, using the system they prefer while receiving instant professional support when needed.
In addition, iFOREX has distinguished itself as an industry leader in tight pip-spreads, real-time market prices which are provided via a direct link to the interbank arena, and a unique margin policy. The iFOREX full margin usage policy enables traders to maximize the full potential of their trading account, while the negative balance protection program operates as a built-in risk management system preventing losses which are greater than what the trader determines.
The iFOREX Group consists, among others, of the following companies:
iFOREX Holding Limited (Non EU company)
iCFD Limited (Cyprus)
Investment service provider company licensed and supervised by CySEC
Formula Investment House Ltd. (Non EU company)
Risk management and liquidity provider
FIH Formula Investment House Clearing Limited (Cyprus)
iFOREX does not manage investment portfolios, nor does it engage in foreign exchange or other trading advice services.