iFOREX
2 legal entities are on file for this firm, across 2 jurisdictions. The strongest supervision on file is Tier 2.
Caution — watch list means: Every entity we could locate for this firm sits offshore or is a company registration rather than a financial licence. No regulator has published anything about the firm; this is the register flagging the absence of tier-1 supervision, not an allegation.
No live tier-1 licence on file. Supervision listed: CySEC, BVI FSC.
A group can hold a tier-1 licence and still onboard you through an offshore entity in the same structure. The licence protects clients of the entity that holds it — not every client of the brand. Check which company name appears on your own client agreement, then look that company up in the table below.
Entity-by-entity licence record
One row per legal entity in this firm's structure. Numbers are reproduced exactly as published; every row links to the source we read them from.
| Legal entity | Authority / registry | Number | Jurisdiction | Tier | What it is | Source |
|---|---|---|---|---|---|---|
| iCFD Limited | CySEC | 143/11 | Cyprus | T2 | Financial licence | cysec.gov.cyhttps://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37660 |
| Formula Investment House Ltd | BVI FSC | not verified | British Virgin Islands | T3 | Financial licence | iforex.comhttps://www.iforex.com/legal/ |
Scroll the register sideways — the entity column stays pinned.
Paste any number above into the named authority's own search. If a number a firm advertises does not return that firm on the authority's register, treat the claim as unverified.
What the record says
Statements of fact drawn from the entities above. Each one is checkable against a source URL in the licence table.
- F01iFOREX Europe is the trading name of iCFD Limited, licensed and regulated by CySEC under licence # 143/11 (own protection-and-security page and legal page).
- F02The CySEC register entry (id 37660) lists ICFD Ltd, licence number 143/11, telephone +357 25 204 600, e-mail info@iforex.eu, with approved trade name iFOREX Europe.
- F03The iFOREX Group's non-EU services are provided by Formula Investment House Ltd, an investment firm licensed and supervised by the BVI Financial Services Commission (own legal page).
- F04The iFOREX brand dates its founding to 1996 (own app-store and about-page materials).
- F05The iforex.com legal page directs EEA visitors to iFOREX Europe (iCFD Ltd), which operates under EU regulations and product intervention rules.
Not verified at last check
Recorded openly rather than filled with a plausible guess. A blank on this register means we could not confirm it on 2026-09-15.
- not verifiedminDeposit not verified on an own account-spec page
- not verifiedmaxLeverage not verified on an own spec page
- not verifiedspreadEurusd not verified
- not verifiedsegregatedFunds not verified in own legal text
- not verifiednegativeBalanceProtection not verified in own legal text
- not verifiedBVI licence number for Formula Investment House Ltd not stated on the legal page
- not verifiedaccountTypes naming (Standard/VIP) not verified on an own spec table
Account conditions on file
As published by the firm. Blank fields were not confirmed.
| Incorporated | 1996 |
|---|---|
| Registered office | Limassol, Cyprus |
| Minimum deposit | not verified |
| Leverage offered | not verified |
| Quoted EUR/USD spread | not verified |
| Trading systems | iFOREX web platform · iFOREX app · MT4 (regional offerings) |
| Account tiers | Standard · VIP · Demo |
Leverage above a tier-1 retail cap is normally only available through an offshore entity. If the figure above is far above 1:30, check which entity is offering it in the licence table.
Sources
Every URL below was read before this record was published.
- CySECiCFD Limited — Cyprushttps://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37660RETRIEVED 2026-09-15
- BVI FSCFormula Investment House Ltd — British Virgin Islandshttps://www.iforex.com/legal/RETRIEVED 2026-09-15