Where is iFOREX located?

iFOREX is headquartered in Limassol, Cyprus.

How many employees does iFOREX have?

As of Aug 31, 2026, the latest employee count at iFOREX is 242.

Where does iFOREX rank among its competitors?

iFOREX ranks 9th amongst 49 active competitors, only 1 of which is funded. Groww, which secured $202M in Jun, 2025.

Who are the top competitors of iFOREX?

iFOREX's top competitors include Groww, Saxo Bank and Tiger Brokers. Among them, Groww secured the most recent funding round in June, 2025.

iFOREX - 2026 Company Profile & Competitors

iFOREX is a public company based in Limassol (Cyprus), founded in 1996. It operates as a Forex and CFD trading platform. The company has 49 active competitors, including 1 funded and 10 that have exited. Its top competitors include companies like Groww, Saxo Bank and Tiger Brokers.

Company Details

iFOREX helps traders learn to trade and provides platforms for trading securities. It offers three different platforms: a Mobile trading platform for iOS and Android, a downloadable FXnet platform for windows desktops, and a web-based platform which needs no downloading or installing. Securities covered include stocks, forex, commodities, and indices.

Website: iforex.com
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Email ID: *****@iforex.com

Key Metrics

Founded Year

1996

Location

Limassol, Cyprus

Stage

Public

Ranked

9^th among 49 active competitors

Employee Count

242 as on Aug 31, 2026

Investment & Acquisitions

Hamilton

Similar Companies

Saxo Bank & 997 more

Exit Details

Public

View iFOREX's full profile

iFOREX got listed on Feb 25, 2026.

Click here to take a look at iFOREX's IPO in detail

iFOREX has not raised any funding rounds yet.

iFOREX's employee count trend

iFOREX has 242 employees as of Aug 26. Here is iFOREX's employee count trend over the years:

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Top competitors of iFOREX include Groww, Saxo Bank and Tiger Brokers. Here is the list of Top 10 competitors of iFOREX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Groww 2016, Bengaluru (India), Public	Provider of digital brokerage services for stocks and mutual funds	$596M	Ribbit Capital, Kairos & 25 others	88/100
2nd	Saxo Bank 1992, Copenhagen (Denmark), Acquired	Provider of online trading platforms for stocks bonds and derivatives	$549M	ES Consultancy (Singapore) Ltd, General Atlantic ... & 6 others	78/100
3rd	Tiger Brokers 2014, Beijing (China), Public	Online trading platform for stocks and securities	$139M	China Growth Capital, Oceanpine Capital & 17 others	75/100
4th	Interactive Brokers 1977, Greenwich (United States), Public	Provider of online brokerage services and trading platforms	-	TCV, Bregal Sagemount	74/100
5th	Capital 2016, Limassol (Cyprus), Acquired	Provider of online trading services for various financial market instruments	$25M	VP Capital	69/100
6th	Orbex 2011, Limassol (Cyprus), Series C	Forex trading platform	$45.7M	The Scottish National Investment Bank, Octopus Ventures ... & 3 others	66/100
7th	BUX 2014, Amsterdam (Netherlands), Acquired	App-based trading platform for multi-assets	$117M	HV Capital, Prosus & 20 others	65/100
8th	Skilling 2016, Strovolos (Cyprus), Acquired	Online trading platform for forex and multiple commodities	$17.1M	Optimizer Invest, Kinetic Investments & 2 others	63/100
9th	iFOREX 1996, Limassol (Cyprus), Public	Forex and CFD trading platform	-	-	58/100
10th	Libertex 1997, Limassol (Cyprus), Unfunded	Online multi-asset trading platform	-	-	55/100