INTERFOREX

About company:

InterForex SA is a registered broker with the Honduras Financial Services Authority, headquartered in the United States.

 

Products and services:

InterForex provides access to the world's major markets, including FX, CFDs and FX options. More than 50 currency pairs, world stocks and indices, oil and precious metals are available for trading. Almost 50 options instruments are available for online trading through the InterForex OmniTrader + platform

 

Asset security:

According to the information on the official website of the broker, "the assets of the company's clients are reliably protected", this is where the information on the topic ends. The broker did not even indicate whether clients' money is kept separate from company funds. There is no insurance or protection against negative balance.

 

Accounts and currencies:

There are four types of accounts available to clients:

 

Classic: minimum deposit $ 500 (only trading currency pairs is available) Professional: minimum deposit $ 2000 Active Trader: minimum deposit $ 25,000 Premium: minimum deposit $ 100,000 (no bank transfer fees, personal manager, dedicated support line) Account currency USD.

 

Minimum deposit

The deposit starts from $ 500.

 

Spreads and commissions

InterForex offers spreads of 1-3 pips in major currencies (USD / JPY, EUR / USD, USD / CHF, GBP / USD) and 3-15 pips in others. Note the relatively high wire transfer fees of $ 50 for Classic and Professional accounts, $ 40 for Active Trader

 

Leverage

Leverage 1: 100 for all types of accounts except Premium - 1: 200.

 

Trading platforms

InterForex does not support third-party software products, including MetaTrader 4; instead, the company's developers offer traders to use their own InterForexPro platform, and Omnitrader + for options trading.

 

Support service

The support service works 24/5, you can contact via LiveChat, by phone or e-mail indicated on the official website of the broker. Please note that only LiveChat is available to Classic account holders. Support languages: English, Russian, Spanish.

 

Reviews of traders

The broker is not yet so well known in the Russian-speaking segment of the market, and it was not possible to find reviews of his work, both negative and positive. If we focus on the comments of foreign traders, then, in general, a very negative image of the company develops.

 

SaliZv,

 

Berlin, Germany, Nov 7, 2019, Registered user

 

Bad withdrawl Service use: LiveLength of use: 6-12 Months

 

I'm still waiting for my withdrawal. They say it will take 5 working days but Im almost at my 2nd week.

 

Sharon,

 

Kelowna, Canada, Oct 29, 2019, Guest

 

6 days and my trade has still not been deposited to my account! Service use: LiveLength of use: 3-6 Months This company is terrible. On Oct. 23rd, I did a trade to send money to another bank account. Today, Oct. 28th, the money has still not been deposited! I have only dealt with this company a few times, but always have problems with the very long time it takes them to get the money deposited. The last time it happened, I called to complain and they were very rude and said it wasn't their fault.

 

Pros:

a wide range of investment instruments; a large number of training materials and programs;

 

Minuses:

high entry threshold; high bank transfer fees; limited choice of software; lack of financial guarantees to clients.

 

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