I-Forex Group pretends to be a company of experts in the investment field. They offer several investment plans to the general public with returns up to 80% net after 20 days, which is 120% in one month.
Is I-Forex a legitimate investment opportunity?
No, I-Forex is not a legitimate investment opportunity, it is a scam. It again is primarily about the numbers, because no legit investment business can make you 120% net on your investment per month, it’s just economic reality.
This basic knowledge is all you need to understand that I-Forex is a scam. There is no other possibility.
As you can see on our picture, I-Forex Group doesn’t have an authorization from the FCA that is needed to provide investment services.
How it really works
I-Forex is designed as a Ponzi scheme. It will collect deposits from people and maybe redistribute some of the collected money on withdrawals.
But such a scheme always collapses, because quickly will come the day when withdrawals exceed deposits.
I-Forex is a Ponzi scam, it will collapse and take a lot of money with it. Stay away!
If you want to make money in trading, start learning on a free demo with a regulated broker.
You will have to build a profitable strategy and then you can start investing real money.