Operating from Honduras, InterForex is an online trading broker that caters to the trading needs of money managers, institutional and retail self-directed traders. The broker provides traders with a proprietary trading platform to enable them to trade multiple financial assets, such as commission-free spot FX, Forex Options, and CFDs on global shares, indices, currencies, and commodities. In addition, they provide traders with educational resources, useful trading tools, and a knowledgeable client support team. The broker operates the STP execution model, which offers access to the interbank markets. The minimum deposit required to start trading is $500.
InterForex Review Introduction
In this InterForex review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including InterForex.
InterForex Platforms & Tools
The broker’s clients are allowed to buy and sell the available trading instruments using the InterForexPro, a proprietary trading platform that was developed in-house by the broker’s team of fintech experts. This trading platform is replete with various intuitive trading functionalities, including market analysis, streaming news, up-to-date economic calendar, technical analysis tools, tradable charts, and much more. Some of the essential features of the InterForexPro include the following:
- Dockable Windows Integrated Design Environment Interface
- Multiple Workspaces
- Live Market View
- Take Profit, Stop-Loss, Trailing Stop and Market Orders
- Multilingual Interface Support
- One-Click Order Execution
- Real-time detailed reports
- A broad array of charting and analytical tools and studies,
- Trade alerts and more
The following standalone trading tools are available on the broker’s website: Technical & Fundamental Analysis Tools, Advanced Charts, and an Economic Calendar that shows the schedule of future market events and their expected impacts on the financial markets.
InterForex Research & Education
The broker provides traders with various learning resources to improve their trading expertise. These learning materials include trading guides, a financial glossary, and news that keeps traders up to date with the latest happenings in the financial markets.
InterForex Trading Accounts
There are various live trading account options at InterForex. Each of the accounts has a unique minimum deposit requirement as follows: Classic ($500), Professional ($2,000), Active Trader ($25,000), and Premium ($100,000) Accounts. The broker offers a demo account option to help traders practice their trading strategies before implementing them on the live account type.
InterForex Account Funding
The broker’s traders can deposit and withdraw funds to and from their trading accounts using bank transfers and credit/debit cards, such as Visa, MasterCard, and Maestro.
Some payment methods may not be available in specific. The time taken to process transactions may vary depending on the payment method in use.
InterForex Customer Service
All clients’ trading inquiries are sent to a knowledgeable client support team. The support team is available 24/7 and can be reached via email or by vising their physical office in Honduras.
InterForex SA is regulated and registered with the Financial Services Authority of Honduras, with the registration number: 2827547.
InterForex Review Summary
Launched in 2009, InterForex is an online financial services provider that offers easy access to trade various financial assets. They provide traders with a proprietary trading platform, useful trading tools, educational resources, and a knowledgeable client support team. The minimum deposit required to start trading is $500.
It is worth mentioning that some of the trading products and services in this InterForex review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the InterForex broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.