Have you heard about iForexReviews, a site with every detail about Forex brokers? If not, it’s time you learn about it.
The Forex market is the largest and the most liquid one in the world. It can change a lot for just one day and it consists of different asset classes. To trade Forex and choose the proper asset you will have to find an online broker. Trading with a trusted broker is a mandatory thing if you want to see success, but finding one can be quite a challenge.
First of all, you need to look for different benefits that are offered. We are talking about the broker’s experience, tradable asset offering (you don’t want to make a deposit and find out you can only trade commodities, for example), commissions, trading platform, customer support, etc. Those are some of the most important features you need to find out about a broker before you even consider becoming a client.
The second thing is equally important. You have to see if a broker fits your trading needs and understands your investment style. Once you open an account, you want to feel welcome and secure because, without that, everything is in vain.
The most important thing you need to know is that nobody expects you to visit a broker’s website and realise whether it’s a good choice or not. No, that requires time and devotion and your task is to do in-depth research and see other people experience, as well.
To be honest, this might be the hardest part of your Forex journey. Once you find a proper broker, hitting the deposit button is quite easy. So, the most important thing you can do is spend a lot of time reading reviews.
One of the websites that can be very helpful in your search is iForexReviews. This is a place where you can find out everything about a specific broker and so far, it is the best forex review site we have found.
Introduction to iForexReviews
iForexReviews is not a website that will give you hard times with navigation. Everything is done in such a nice manner and you will be able to find what you need quickly. The landing page consists of some important information but you will also find the best-rated brokers there.
In the main menu, there are different categories so if you want to see only cryptocurrency exchange reviews, simply go to Crypto Reviews and the list will appear. This way, you won’t waste a single second looking for a review. Also, there is a Forex Broker category, as well as the Best Brokers. As we said, everything is so neatly organised and arranged and that is one of the reasons we liked this website so much.
There is also one thing that makes this review website stand out from the crowd — education section. Yes, this is a website that’s based on reviews, but it will also give you some basic knowledge about the Forex market in general. You can go to the section called Forex Guides and within it, you will be able to enjoy reading numerous articles about types of charts in Forex, trading with a small account, how to choose the right broker, etc.
Overall, this is one complete website that can help you find a proper broker, but it can also teach you some new things and upgrade your existing knowledge.
The Review Structure
Although iForexReviews has different things to offer, we are here to talk about the reviews. And that’s exactly why we want to focus on the structure. Once you see it, you will realise why we think this is the best forex review site out there.
Each review you open starts with the trust score. This way, you will know exactly what to expect from a broker. The best thing of all is that they included customer score as well, so we can have a complete picture of everything.
As an example, we will take the Arrowteks review. The score iForexReviews gave to this broker is 85%, the customer score is 89%, which means that the overall score is 87%, which is excellent. This is a brutally honest website that will tell you every little detail and if there is any problem with a specific broker, you will know it for sure.
Every review at iForexReviews starts with an introduction. You will learn the most important things about a broker. For example, when it was funded, are there any restricted countries, etc. After that, they will talk about the platform and execution. This is one of the most important parts of each broker, so make sure you read every single word that is written. Otherwise, you might miss something that can be important for your future trading decisions.
In this segment, you will find out everything about the trading platform itself. Whether a broker uses a web-based one or you will be able to download it. You will also know if there are some errors if the platform is optimised and so on. As you can see, they don’t skip a thing.
The next thing you can read about is withdrawal and assistance score. After this part, you will know how long it takes to receive the money on your bank account, are there any fees and commissions, how many methods are at your disposal, etc. Every detail is mentioned and of course, after they finish with a specific segment, you will have a score, just so see how good it ranks on their scale.
The next part of a review is dedicated to supporting and assistance. This is an extremely important part and that’s the reason we liked iForexReviews. They do not hesitate to send a message to a broker and see how helpful the support is and how long clients need to wait to get a reply.
The last segment in each review is about education and tools. You know how important it is to find a broker who is willing to teach you and help you improve your skills. Without the proper education, you cannot expect to succeed and every professional trader knows that. That’s why people from iForexReviews take their time to see if a broker provides its clients with educational material or not. If not, you will know that straight away and we do recommend you take their advice and skip the broker who is not ready to educate you even more.
As you can see, this website provides very concise reviews that won’t confuse you even if you do not have a lot of experience under your belt. After reading their reviews, you will know what steps to make and what brokers to avoid, so it’s no wonder we like them so much.
The Bottom Line
If you are interested in honest and in-depth reviews, make sure to go to the iForexReviews website and learn more about a specific broker or cryptocurrency exchange. Reviews are created by industry experts so you can expect to see all the important details and necessary information. That said, iForexReviews can definitely be a perfect starting point for choosing the right broker.