According to iFOREX.com Website:
iFOREX.com deals in trading foreign exchange, along with spot and forward transactions.
They offer interbank tight Spreads 3/5 pips; Guaranteed Stop-Loss; and Customized Leverage up to 400:1. They facilitate Standard and Premium – two types of Forex trading accounts for traders. Minimum Investment required is $2,000 but only $100 for Internet clients. Likewise, Minimum Transaction: $50,000 out of which $2,500 should be for Internet clients.
iFOREX does not charge any commission or fee for opening or trading Forex from the account. With iFOREX investors can trade over 60 currency pairs; with full margin usage, no margin calls facility. They ensure negative balance protection and offer hedging capabilities.
iFOREX.com provides two types of trading platforms. The first one being the downloadable version meant for professional traders and second one is completely a web based platform. Both of these can be accessed by the same username and password, trading functionality and live as well as historic data about trader’s account balance and open positions.
iFOREX.com has its office located in India, Greece, Turnkey, Russia, Spain, and Romania.
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