InterForex Review

InterForex chooses to describe itself as a fast growing online CFD and Foreign Exchange brokerage firm offering commission-free Spot FX & CFD trading. InterForex describes its clientele as “institutions and money managers.”

The company operates out of New York City with another office in Argentina. Any sort of history of InterForex is unavailable at www.interforex.net. This makes gauging Interforex’s growth and importance somewhat problematic.

On its web site InterForex offers fairly comprehensive descriptions of both CFD and Foreign Exchange trading and the risks and rewards that those markets can present to traders. It can be somewhat difficult to distinguish the general descriptions of CFD and Forex trading offered on the web site from the specific policies, procedures and products that InterForex offers to its clients.

InterForex does offer its own trading platform to clients eponymously called InterForex. The platform is available in two versions –  Basic, Java based, and Advanced,  which is a desktop application –  Win-trader. Inherent in each version of the platform is the ability to execute numerous types of orders, hedging and trailing stops. The platform is appropriate for Spot Forex, CFD, Futures, or Indexes trading environments.

Platform features include:

•    Secure login right from desktop or browser (for the Java version)

•    Instant Auto Execution, No Negotiations or intervention, hedging

•    Over 160 Instruments (including Forex, CFD, Shares, Indices)

•    Easy first-time setup

•    24 hour charts, streaming news and economic event calendar

•    Up to the second price quotes

•    24-hour customer support

A practice (or demo) account is offered by InterForex to new traders and potential clients. Specifics regarding that option aren’t described at www.interforex.net.

A link to “Live Support” brings up a web form that needs to harvest your email address. One can hope that actual clients of InterForex experience livelier support than that.