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Overview

Traders from all over the world know iHforex. Its website is available in Russian, French, Arabic, German, Japanese, English, Italian, Croatian, Macedonian, Portuguese, and Spanish. The Head Office of the iHforex is located on the Seychelles, on the island of Mah, in Victoria that is the capital of the island state.

Broker offers its customers some of the most competitive conditions for working on the highly liquid Forex market. It holds a variety of promotions for traders, where expensive prizes are drawn, and a monthly contest for traders can increase the deposit of each participant, who shows good profit on currency speculation.

Bonuses

iHforex regularly organizes for its traders various promotions, allowing them to get good prizes after meeting established requirements. The contest with large cash Forex bonuses is also held monthly for traders on the site of the broker.

The promotion iPad2 is available for all customers of the iHforex. In this promotion customers can receive iPad2 in case of meeting the conditions of the broker.

Conditions for obtaining iPad2:

- identity verification

- verification of residential address (provision of paid utility bills)

- crediting 10,000 dollars to the trading account

- confirmation of the account replenishment

- trading volume of 500 lots.

As soon as the customer submits all the documents to the employees of the broker, a new iPad2 with the 16GB memory access to the Internet via Wi-Fi will be sent to him by mail. Everything that the client should do is to receive a free iPad2 as a gift, and close the trade turnover of 500 standard lots. If for any reason the client withdraws money from the account without closing the required trade turnover, the broker will charge from him the sum of $1,000, which is the price of iPad2.

The promotion iPad3 is held on the site of the broker constantly, and it is possible to receive a tablet as a gift. Conditions for obtaining iPad3 are similar to the above-mentioned promotion. But there are some differences in the minimum amount that should be credited to the trading account of the trader and the number of lots. In this promotion it is necessary to fund an account in the amount of $15,000, and the number of closed lots should equal 700 units. In case of meeting all conditions by a trader, the broker sends an iPad3 with the 16 GB memory and access to Internet through 4G and Wi-Fi. If the trader withdraws funds from the account, an amount of 3,000 dollars that equals the cost of iPad3 will be charged from his account.

The promotion Ticket to any European Country may be interesting to customers who want to fund an account in the amount of $25,000 and higher.

Conditions for obtaining a free ticket for trip to a European country:

- identity verification

- verification of residential address by providing paid utility bills)

- document about the transfer of funds to the trading account

- trading volume of 1,000 lots.

After meeting the conditions of the broker, the client can indicate a European country, which he wants to visit, and iHforex will send him a trip ticket. But it should be noted that just the ticket is given as a gift, and hotel accommodation is paid by the customer.

The promotion Ticket to any Country of the World resembles the previous promotion, but to get the ticket traders need to fund their accounts for trading on the Forex market in the amount of $50,000 and to close 1200 standard lots.

The contest The Best of the Best on iHforex is held on the site of the broker monthly. For participation in the contest traders need to go through a very simple registration and start trading on real account using any currency pair on Forex. Based on the results of the month, winners are announced on the basis of proportional profit from the startup amount on accounts of the contestants. Forex bonuses will be received by one hundred traders whose profits are the highest.

Forex bonus distribution in the contest:

- the 1st place - Forex bonus is $1,000

- the 2nd place - Forex bonus is $750

- the 3rd place - Forex bonus is $500

- the 4th-6th places - Forex bonuses are $300

- the 7th-10th places - Forex bonuses are $250

- the 11th-15th places - Forex bonuses are $200

- the 16th-30th places - Forex bonuses are $150

- the 31th-70th places - Forex bonuses are $100

- the 71th-100th places - Forex bonuses are $50.

Training

On the official website of the iHforex novice traders can get acquainted with materials, allowing them to learn the history of the international Forex market, its basic terminology and major principles of analysis and trading.

Learning materials about the Forex market.

1. History and development of the Forex market:

- the Bretton Woods agreement

- the International Monetary Fund

- The Maastricht Treaty.

2. Introduction to foreign exchange trading:

- basic terms that are required to be known for trading currency pairs

- what is spread

- currency pairs

- opening and closing of positions

- what is swap

- limit orders

- how to calculate gains and losses.

3. Fundamental analysis:

- direct influence of political news on the foreign exchange market

- basic indicators (GDP, budget, employment, interest rates etc.).

4. Technical analysis:

- Forex indicators

- volatility indicators

- strength indicators

- trend indicators

- momentum indicators

- cycle indicators

- support and resistance levels.

Video tutorials.

1. Basics of the Forex market:

- Forex terminology

- advantages of trading currency pairs

- trading orders and their types

- examples of profitable trading strategies.

2. Forex trading tools:

- global trading

- analysis of the foreign exchange market

- basic knowledge of technical analysis

- in-depth technical analysis

- money management rules

- Internet trading and trading psychology.

3. Forex trading strategy:

- strategies, recommended for novice traders

- strategies, recommended for advanced traders

- strategies that allow traders to perform semi-automatic currency pairs trading.

4. Trading platform MT 4 (Meta Trader 4):

- overview of the platform

- rules of the platform MT 4 installation

- MT 4 setup for operations

- key features and advantages of MT 4.

Terms of trading

iHforex offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- the minimum deposit is $

- the leverage is from 1:2 to 1:500

- a lot of currency pairs, indices, commodities

- spread is fixed from 1 point

- no commission fee

- protection from negative balance

- Islamic accounts are available.

MetaTrader 4

- multi-language support

- order execution - Instant Execution

- huge database of embedded Forex indicators

- ability to add new technical indicators

- elaboration and installation of new Forex expert advisors MetaQuotes Language 4

- export and import of currency quotes

- chart printing.

It is enough for traders to fill in the application form for opening an account in iHforex, and after its approval they need to fund accounts in one of the many ways, offered by the broker. The minimum amount of the replenishment is $100.

Forex indicators (recommended)

- Anchored Momentum

- Schaff Trend Cycle

- Accumulation Swing Index

- HMA_histogram

- Coppock.

Forex expert advisors (recommended)

- Forex Remover (an automated Forex expert advisor that uses Bollinger Bands, technical indicator ART and moving averages in order to operate effectively, allowing it to bring good profits for traders who use it)

- FxOriginal (an automated Forex expert advisor, distinguished itself as very effective advisor, which operates on the foreign exchange market using the Martingale method)

- Shocker 2.0 (an automated Forex expert advisor, developed for trading at short-term distances, and it is considered to be fairly good scalper, which is able to make profits on different currency pairs).

Investments

Conditions for a safe investment of finances in professional managers, provided currently by PAMM-accounts, are not created on the iHforex site. Customers who have decided to invest their funds in successful traders of the iHforex should be aware that the responsibility lies entirely with them. Broker will not bear any responsibility for this type of investment.

Unique features

iHforex covers all the important events in the world, making preliminary fundamental analysis of various currency pairs on their basis. These reviews are quite interesting to traders who trade on the Forex market, as they will allow them to predict more precisely the behavior of pairs on Forex.

Add/withdraw funds

iHforex provides the following methods to deposit accounts and withdraw money from them: Web Money, Skrill, Liberty Reserve, JCB, Bank Transfer, Visa and MasterCard.

Contacts

iHforex supports its clients concerning all questions via e-mail [email protected] and by international phone 44203608 0257.

Cons and pros

+ the fast growing broker

+ the minimum deposit is $100

+ small spread

+ good leverage

+ contest with the huge prize pool for traders

+ promotions with expensive gifts

+ basics of Internet trading for the study

- no interactive trading.

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