ANSWER iFOREX is a trademark owned by iFOREX Group, a group that owns, operates, and provides services via the following brokers and brands:1) Formula Investment House Ltd, an investment firm licensed and supervised by the British Virgin Islands Financial Services Commission (BVI FSC).2) ICFD Ltd, the iFOREX Group's European subsidiary, an investment firm licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license: 143/11.As for your question, we would recommend you to contact customer services through their official website for an accurate answer and the latest explanation. For more details about this broker, you can refer to our full iFOREX review.
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