Score

1.45 /10
Danger

iForex Gain

Marshall Islands

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.55

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

iForex Gain · Company summary

Note: iForex Gain's official site - https://iforexgain.com is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

iForex Gain Review Summary
Registered Country/Region United Kingdom
Regulation No Regulation
Market Instruments forex, commodities, indices, stocks, cryptocurrencies
Demo Account Unavailable
Leverage Not mentioned
Spread Not mentioned
Trading Platforms Not mentioned
Minimum Deposit £100
Customer Support Phone: +447727415977
Email: support@iforexgain.com, payments@iforexgain.com, info@iforexgain.com
Address: Meadows Rd, Queensway Meadows Ind Est, Newport, NP19, United Kingdom

What is iForex Gain?

iForex Gain is an unregulated trading platform based in United Kingdom that offers its clients access to a comprehensive suite of financial instruments across various asset classes, such as forex, commodities, indices, stocks, and cryptocurrencies. It provides minimum deposit requirements of £100.

iForex Gain

In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.

Pros & Cons

Pros Cons
Wide Range of Trading Instruments No Regulation
Multiple Customer Support Channels Lack of Information

Pros:

  • Wide Range of Trading Instruments: iForex Gain offers a diverse selection of trading instruments across various asset classes, including forex, commodities, indices, stocks, and cryptocurrencies.

  • Multiple Customer Support Channels: BT Markets provides various customer support channels including phone, email, and address, enhancing accessibility and assistance for clients.

Cons:

  • No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency.

  • Lack of Information: The company's website is non-functional, suggesting a lack of transparency and reliability.

Is iForex Gain Legit?

iForex Gain currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection.

No license

Market Instruments

IForex Gain offers a diverse array of trading instruments designed to cater to the varied interests and strategies of its clients. Traders can engage in the dynamic forex market, taking advantage of fluctuations in currency pairs to profit from global economic changes.

In addition to forex, IForex Gain provides access to commodities, allowing traders to invest in essential resources like oil, gold, and agricultural products. The platform also offers indices, enabling clients to speculate on the performance of major stock markets around the world.

For those interested in individual company performance, IForex Gain includes a broad selection of stocks, giving traders the opportunity to buy and sell shares of leading corporations. Furthermore, the platform embraces the rapidly growing field of digital assets by offering cryptocurrencies, allowing clients to trade popular digital coins such as Bitcoin and Ethereum.

Accounts

IForex Gain offers a straightforward and accessible account structure. With a minimum deposit requirement of just £100, the platform ensures that even novice traders or those with limited initial capital can participate in the financial markets. This low entry barrier makes it easier for beginners to start their trading journey without the need for a significant financial commitment.

Customer Service

iForex Gain provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.

  • Phone: +447727415977

  • Email:support@iforexgain.com, payments@iforexgain.com, info@iforexgain.com

  • Address: Meadows Rd, Queensway Meadows Ind Est, Newport, NP19, United Kingdom

Conclusion

In conclusion, iForex Gain offers diverse trading instruments to cater to different trading needs and allows trading with low deposit requirement. However, its unregulated status raises significant concerns about its safety and legitimacy. The lack of complete and transparent information about its trading assets, account details, and other service sections can hinder a trader's decision-making process.

Now, the ball's in your court when it comes to choosing whether to go with this broker or explore other options. Hopefully, this review has shed some light on your decision-making process.

Frequently Asked Questions (FAQs)

Question 1: Is iForex Gain regulated?
Answer 1: No. It has been verified that this broker currently has no valid regulation.
Question 2: What financial instruments can I trade with IForex Gain?
Answer 2: Forex, commodities, indices, stocks, and cryptocurrencies.
Question 3: What is the minimum deposit for iForex Gain?
Answer 3: The minimum initial deposit to open an account is £100.
Question 4: Is iForex Gain a good broker for beginners?
Answer 4: No. It is not a good choice for beginners. Not only because of its unregulated condition but also because of its inaccessible website.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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