Review summary
iFOREX group, operating under the name iCFD, is a Cyprus-based entity with an operational history of 5-10 years. The WikiFX assessment shows a very low overall score of 1.58. According to its public regulatory record, the firm lists a Market Making License (MM) with the Cyprus Securities and Exchange Commission (CYSEC), but this license is explicitly marked as 'Unverified', indicating no credible, active oversight from this or any other authoritative financial regulator. Public exposure highlights issues regarding unauthorized transactions and account management. Given the absence of verified regulation, potential clients should be aware that engaging with this entity carries significant risk due to the lack of investor protection mechanisms common to regulated brokers. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-10)
