iFOREX offers a 100% sign-up bonus / welcome bonus to get you started. iFOREX also offers traders a 200 USD referral bonus in Trading Bonuses when they refer a friend.
iFOREX at a glance
| Broker's Name | iFOREX |
| 📍 Headquartered | Cyprus |
| 📅 Year Founded | 1996 |
| ⚖️ Regulating Authorities | FCA, CySEC, MNB, BVI FSC |
| 🌐 Countries not accepted for trade | United States and Canada |
| ☪️ Islamic account (swap-free) | No |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:30 |
| 💰 Minimum Deposit | 100 USD (1 367 ZAR) |
| 💳 Deposit Options | Bank Wire Transfer Credit/Debit Cards Online Wallets Western Union |
| 💳 Withdrawal Options | Bank Wire Transfer Credit/Debit Cards Online Wallets Western Union |
| 💻 Platform Types | iFOREX trading platform |
| 📱 OS Compatibility | Web and mobile (iOS, Android) |
| 📈 Tradable assets offered | Forex Commodities Indices Shares Stock Derivatives ETFs Cryptocurrencies |
| 👨💼 Languages supported on Website | English, Russian, Spanish, Thai, Chinese, Japanese, and several others |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5 |
Min Deposit
USD 100
Regulators
BVI FSC
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
50+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
iFOREX Sign up bonus – 6 key points quick overview:
iFOREX Sign-up Bonus Overview- iFOREX Referral Bonus
- iFOREX Additional broker bonuses, promotions, and rewards
- iFOREX Customer Reviews
- iFOREX Pros and Cons
- Conclusion
iFOREX Sign-up Bonus Overview
iFOREX does offer traders a 100% sign-up bonus. iFOREX also does not support the no-deposit bonus initiative that frees traders from having to pay a minimum deposit.
These initial bonuses are the best marketing strategy for many brokers who wish to draw in more traders, subsequently pushing up their client base and active trader counts. Bonuses such as these initial bonuses are used to offer traders with some trading credit.
This trading credit can be used to trade in various markets without using actual capital. A downside to trading credit is, however, that it cannot be withdrawn from the trading account until certain conditions have been met. It is vital for traders to understand the strict terms and conditions that are often associated with trading bonuses offered by brokers.
iFOREX Referral Bonus
When a trader registers a real account with iFOREX, they have the option of using the referral bonus that iFOREX offers.
This trading bonus works differently than what other brokers offer, granting traders with the ability to gain rewards by providing iFOREX with the contact details of 5 friends or family members.
Once provide, iFOREX will contact each referral and offer them a promotional package in addition to a 200 USD (2 735 ZAR) trading bonus once they have made the initial minimum required deposit, verifying that their live trading account is active.
Traders who provide the contact details of their friends and family are eligible for a 35 USD (488 ZAR) bonus when their referral deposits a minimum of 200 USD (2 735 ZAR). If the referral deposits an amount higher than this, the trader’s trading bonus will increase.
Traders who participate must note that the same household individual is excluded from this offer and that iFOREX reserves the right to terminate the promotion without prior reason.
iFOREX Additional broker bonuses, promotions, and rewards
For loyal customers, high-volume traders, and VIP Clients, there are no other promotions offered currently. Traders who are interested in what iFOREX may offer in future can sign up to the newsletter or check the website frequently for updates.
Broker bonuses such as cashback and rebates often cater for traders who are loyal to their broker in contributing to the significant trading volumes experienced on the platform. In return, the broker awards its loyal customers in a series of ways.
Traders who participate in promotions such as these must note that there are often stringent requirements to ensure that the promotion is not abused or misused for personal gains.
iFOREX Customer Reviews
I am a kind of autodidact
I am a kind of autodidact. I mean, if haven’t had iFOREX learning center, I think I would be OK anyway. However, iFOREX’s education section is so mind-opening that I had to dive into it. They have taken financial education to the next level.
A wide array of choices
A wide array of choices is the name of the game in iFOREX. They have a great variety of assets for traders to select from, a large library of top educational material, and plenty of paying methods. iFOREX has all the options for trading that I can bring to mind – making it truly the best choice for me.
Honestly
Honestly, going through iFOREX’s education center is, I believe, a must for any trader. It is thorough and detailed, giving me all that I truly need to improve my CFD game. Highly professional and recommended to all!
iFOREX Pros and Cons
| ✔️ Pros | ❌ Cons |
| Referral bonus offered | Demo account not eligible for referal bonus |
| 100% sign up bonus |
You might also like: iFOREX Fees and Spreads
You might also like: iFOREX Islamic Account
You might also like: iFOREX Minimum Deposit
You might also like: iFOREX Demo Account
You might also like: iFOREX Account Types
Conclusion
Overall, iFOREX does offer a sign up bonus of 100% for new traders. iForex is a well-regulated broker that offers comprehensive trading conditions despite the lack of trading and broker bonuses.
Min Deposit
USD 100
Regulators
BVI FSC
Trading Platform
Proprietary Platform
Crypto
Yes
Total Pairs
50+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
FAQ
Does iFOREX offer a sign-up bonus?
Yes, iFOREX offers a 100% welcome bonus.
Can you withdraw an iFOREX trading bonus?
Yes, you can withdraw a trading bonus
Will I receive a bonus if I refer a friend or family to (broker’s name)?
You will receive up to $200* in Trading Bonuses.
Does iFOREX have a loyalty program for traders?
No iFOREX does not offer a loyalty program.
Does iFOREX offer any additional bonuses?
Be sure to check the iFOREX website for any updates on additional bonuses
