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Is Iforex trustworthy?

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Is Iforex trustworthy?

iFOREX is a reputable CFD and forex broker offering a range of tradeable assets and tools through its proprietary web platform and mobile app. This broker review will evaluate the online trading services offered, including investment options, deposit and withdrawal methods, training and tutorials, plus customer care.

Can I trust OctaFX?

OctaFX is considered high-risk, with an overall Trust Score of 61 out of 99. OctaFX is not publicly traded and does not operate a bank. OctaFX is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). Learn more about Trust Score.

Which Forex broker is best in India?

Best Forex Brokers India

  • IG – Best overall broker 2021, most trusted.
  • Saxo Bank – Best for research, trusted global brand.
  • Interactive Brokers – Great for professionals and institutions.
  • FOREX.com – Great all-round offering.
  • AvaTrade – Multiple trading platform options.
  • Admiral Markets – 4.0 Stars.
  • Capital.com – 4.5 Stars.
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Who owns OctaFX?

Georgios D. Pantzis – CEO / General Manager – OCTAFX | LinkedIn.

What type of broker is OctaFX?

OctaFX is an online currency trading brokerage. OctaFX uses up-to-date technology and knowledge to improve the forex trading experience.

Is iforex review safe to trade?

Beware iForex Review is a Non-Regulated broker. It is NOT SAFE to trade. Is iForex a scam or a legit broker? iFOREX is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority.

Why is ififorex so bad?

IForex has a really high spread, and it takes a lot of money out of your winnings. Third, the customer support rarely replies to complaints and doesn’t seem to care about solving their issues because the same issues have been plaguing the company for several years.

Is iforex regulated by CySEC?

The iFOREX Group’s European subsidiary is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license # 143/11. However, the company previously was recently imposed due to several violations.

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What is the minimum deposit for opening an account with iforex?

The minimum deposit for opening an account with iForex is 100 USD/GBP/EUR. iFOREX facilitates deposits made both online and offline for your convenience.