7.8 /10

Good Payment score

iFOREX withdrawal conditions are rated 7.8/10 for speed, fees, and payout reliability. The broker offers several convenient withdrawal methods, reasonable processing times, and generally cost-effective transactions, with solid support for common base account currencies.

Withdrawal Snapshot
Withdrawal methods	Bank Card, Bank Wire, Bitcoin (BTC), Ethereum (ETH), Neteller, Skrill, Tether (USDT)
Fees We verified withdrawal fees by opening a live account, funding it with a test deposit of $100, and submitting a withdrawal request. The final charged amount was confirmed in the transaction details and payment confirmation.	From 0 (may vary by method)
Processing time We measured processing time by funding the account with $100, submitting a withdrawal request, and tracking the time until funds were credited to the selected payment method.	From 15 min. to 3 business days
Minimum withdrawal	$100
Verification required We verified this by reviewing the broker’s KYC and withdrawal policy on the official website and confirming in the client area whether identity verification is required before a withdrawal request can be submitted.	Yes

Average Rating

For additional transparency, I have evaluated iFOREX across core reliability indicators. Based on my assessment, iFOREX offers generally functional trading conditions, though certain aspects of service quality or operational consistency may be less competitive than higher-rated providers.

This assessment is reflected in the following TU scores:

6.4 /10

TU Overall Score

9.3 /10

Regulation and Safety Score

5.2 /10

Customer Support Responsiveness

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Step-by-step guide to withdraw money from iFOREX

Log In Access your iFOREX trading account by logging in with your credentials.
Navigate to Withdrawal Section Go to the account or funds section and select the withdrawal option.
Choose Payment Method Select your preferred payment method from the available options: Bank Card, Bank Wire, Bitcoin (BTC), Ethereum (ETH), Neteller, Skrill, Tether (USDT).
Specify the amount you wish to withdraw The minimum withdrawal at iFOREX is $100 in the base account currency. Some payment methods require a higher minimum.
Confirm Withdrawal Review your request and confirm the withdrawal. You may need to verify your identity depending on the iFOREX requirements.

If withdrawal issues occur

If you encounter any problems during the withdrawal process, you can contact the iFOREX technical support through the following channels:

Contacts
Foundation date	1996
Registration address	1 Wickham's Cay, Road Town, Tortola, BVI VG1110, Limassol, Cyprus
Regulation	BVI FSC
Official site	iforex.com
Contacts	support@iforex.com info@iforex.com partnership@iforex.com +91-33-7127-9140

Still having withdrawal issues?

If you experience withdrawal delays and support is not responding, consider acting step by step.

Collect evidence Save screenshots of your withdrawal request, account history, and communication with the broker.
Send a written request Email support and request an official written explanation within 3 business days.
Check the broker’s license Verify whether the broker is supervised by a recognized regulator. If regulated, you may file a formal complaint with the appropriate authority. If not, you may contact your local financial authority for guidance.
Consider additional protection options If your deposit was made via Bank Card or Bank Wire, contact your bank or payment provider to explore dispute or chargeback options.
Seek professional advice For serious cases involving significant amounts, consult a lawyer specializing in financial disputes in your country.

For more on trader rights protection, see our article Complaints and Protection of Trader Rights.

Is iFOREX a safe broker?

iFOREX is regulated by at least one Tier-1 or Tier-2 authority, indicating adherence to high regulatory and reliability standards. In addition, iFOREX has received a Regulation and Safety Score of 9.3/10 from our experts, based on an assessment of quantitative indicators. This score reflects a relatively high level of transparency in the broker’s rules and regulatory oversight.

iFOREX is regulated by the following authorities
Regulator	Country	Regulation level	Protection Fund
BVI FSC BVI FSC regulates insurance, banking, and securities sectors, enforcing less stringent requirements compared to Tier-1 regulators. It focuses on compliance to international standards to attract global businesses.	Country British Virgin Islands	Regulation level Tier-2	Protection Fund No specific fund
CySec CySec regulates investment firms, brokers, and their transactions in securities and derivatives on the Cyprus Stock Exchange. It imposes strict operational conditions, regular audits, and financial compliance.	Country Cyprus	Regulation level Tier-1	Protection Fund Up to €20,000

Does iFOREX charge a withdrawal fee?

Yes, iFOREX charges a withdrawal fee. As of the time of this research, the fee is 0% and 0-20 USD in base account currency.

Withdrawal fees usually arise outside iFOREX own rules and are set by payment providers. Card withdrawals typically cost 1-4%, bank wire transfers range from 20 to 50 USD per transaction, and most payment services charge around 0,5-4%, often including currency conversion fees.

Additionally, there may be conversion fees if the account currency and withdrawal currency differ. iFOREX supports the following currencies as base account currencies: USD, EUR, GBP, AUD, CHF, JPY

iFOREX withdrawal time

iFOREX processes withdrawal requests on the same business day they are submitted. The actual withdrawal time depends on the selected payment method. Below are the approximate processing times for the broker’s available withdrawal options.

Payment Method	Approximate Withdrawal Time
Bank Card	1-3 business days
Bank Wire	1-4 business days
Skrill	Within 1 business day

Expert Advice

Oleg Tkachenko

Editor at Cryptocurrency & Blockchain Department

How to avoid common withdrawal issues

The timing of a withdrawal request has a direct impact on processing speed. Requests submitted during standard business hours are processed faster than those placed late in the day, on weekends, or during public holidays. Banks and payment processors operate on fixed schedules, and requests submitted outside these windows are queued.

Additionally, end-of-month and quarter-end periods often see higher transaction volumes. During these times, even normally fast payment methods experience delays. Planning withdrawals around operational cycles improves predictability and reduces frustration.