i SECURITIES Forex Broker
Offshore Regulated - Moderate RiskPros
- Licensed and regulated by the Financial Services Commission (FSC) of Belize providing basic regulatory oversight
- Competitive spreads starting from 0.8 pips on major forex pairs with commission-free standard accounts
- Multiple platform options including MetaTrader 4, MetaTrader 5, and WebTrader for flexible trading access
- Fast deposit processing with instant credit for most electronic payment methods including cards and e-wallets
- Comprehensive educational resources including daily market analysis, video tutorials, and trading guides
- Multilingual customer support available in 8 languages including English, Chinese, and Arabic
- 24/5 technical support with average response times under 5 minutes during peak trading hours
Cons
- Offshore regulation in Belize provides significantly less protection compared to major regulators like FCA or ASIC
- Limited payment options compared to larger brokers with some regions restricted from certain methods
- Higher minimum deposit requirement of $250 for standard accounts may deter beginner traders
- Customer support can be slow during off-peak hours with response times exceeding 30 minutes
- Lack of negative balance protection for all account types poses risks during volatile market conditions
- No guaranteed stop loss orders available which limits risk management options
Basic Information
User Reviews
Overview
i SECURITIES is a retail forex and CFD broker established in 2020, operating under the regulatory oversight of the Belize Financial Services Commission (FSC). The broker has positioned itself as a mid-tier trading provider focusing on competitive trading conditions while maintaining basic regulatory compliance. With headquarters in Belize City, the company serves traders from various international markets, though with some regional restrictions. The broker offers trading in forex, commodities, indices, and cryptocurrencies through multiple trading platforms including MetaTrader 4, MetaTrader 5, and their proprietary WebTrader solution. Trading conditions include spreads from 0.8 pips on standard accounts with no commission, while ECN accounts offer raw spreads from 0.0 pips plus commission. Leverage up to 1:500 is available, though this high leverage reflects the more lenient offshore regulatory environment. The minimum deposit requirement starts at $250 for standard accounts, positioning them in the mid-range for retail traders. The broker provides comprehensive educational resources and daily market analysis, though their research tools are more basic compared to top-tier brokers. While i SECURITIES maintains adequate operational standards, traders should be aware that Belize regulation offers less protection than major regulatory jurisdictions.
Is i SECURITIES Safe? Regulation Analysis
i SECURITIES operates under the regulatory framework of the Belize Financial Services Commission (FSC), with license number 000138/32. This offshore regulation provides basic oversight but offers significantly less protection compared to major regulatory bodies like the FCA or ASIC. The FSC requires brokers to maintain segregated client funds and submit regular financial reports, however, the requirements are less stringent than those imposed by tier-1 regulators. Client funds are held in segregated accounts at international banks, though no specific compensation scheme exists in case of broker insolvency. The broker complies with basic AML (Anti-Money Laundering) and KYC (Know Your Customer) requirements, requiring standard verification documentation from clients. While there have been no major regulatory infractions reported, traders should note that offshore regulation typically means less investor protection, no negative balance protection requirements, and no restrictions on leverage offerings. The broker maintains compliance with basic international standards but lacks the robust protections offered by major regulatory jurisdictions.
Trading Products and Services
- Forex Trading: Over 40 currency pairs available including major pairs (EUR/USD, GBP/USD, USD/JPY), minor pairs, and exotic pairs with leverage up to 1:500
- Commodities: Trading available on gold, silver, oil (WTI and Brent), and natural gas with competitive spreads
- Indices: Major global indices including S&P 500, FTSE 100, DAX 30, and Nikkei 225
- Cryptocurrencies: Trading available on major cryptocurrencies including Bitcoin, Ethereum, and Litecoin with 24/7 access
- Stock CFDs: Limited selection of major US and European stocks available for CFD trading
Trading hours vary by instrument, with forex available 24/5 from Sunday 22:00 GMT to Friday 22:00 GMT. Indices and commodities follow their respective market hours, while cryptocurrency trading is available 24/7.
Trading Platforms
- MetaTrader 4: Industry-standard platform featuring customizable charts, 30+ built-in indicators, Expert Advisor support, and mobile trading capabilities
- MetaTrader 5: Next-generation platform offering additional timeframes, improved backtesting capabilities, and advanced charting tools
- WebTrader: Proprietary browser-based platform requiring no downloads, offering basic trading functionality and real-time quotes
- Mobile Trading: Native iOS and Android apps available for both MT4 and MT5 platforms with push notifications and full account management
All platforms feature real-time execution, one-click trading, and multiple order types. The broker provides free VPS hosting for accounts maintaining minimum balance requirements.
Deposit and Withdrawal
- Credit/Debit Cards: Visa and Mastercard accepted with instant processing, no deposit fees, minimum deposit $250
- Bank Wire Transfer: Processing time 2-5 business days, no deposit fees, minimum transfer $500
- E-wallets: Skrill and Neteller available with instant processing, no fees, minimum deposit $250
- Cryptocurrencies: Bitcoin and USDT deposits accepted, processing time 2-3 network confirmations
Withdrawals are processed within 24 hours for e-wallets, 3-5 days for cards, and 5-7 days for bank transfers. KYC verification required before first withdrawal. Base currencies include USD, EUR, and GBP.
Customer Support
Customer support is available 24/5 during market hours through multiple channels including email, live chat, and phone support. Response times average 5-10 minutes during peak hours but can extend to 30+ minutes during off-peak periods. Support is offered in 8 languages including English, Chinese, Arabic, Spanish, and Russian. The quality of support is generally adequate for basic inquiries but may require escalation for more complex technical or account issues. A comprehensive FAQ section and knowledge base are available for self-service support. VIP account holders receive priority support and dedicated account managers.
Frequently Asked Questions (FAQ)
Q: Is i SECURITIES a regulated broker?
A: Yes, i SECURITIES is regulated by the Financial Services Commission (FSC) of Belize under license number 000138/32. However, traders should note that this is an offshore regulation that provides less protection compared to major regulatory bodies like the FCA or ASIC. The broker maintains segregated client funds and follows basic compliance procedures, but lacks features like negative balance protection that are mandatory under stricter regulatory frameworks.
Q: What are the minimum deposit requirements and account types?
A: The broker offers standard and ECN accounts with a minimum deposit of $250 for standard accounts and $1000 for ECN accounts. Standard accounts feature commission-free trading with spreads from 0.8 pips, while ECN accounts offer raw spreads from 0.0 pips plus commission. Both account types provide access to all trading platforms and full product range.
Q: How long do withdrawals take to process?
A: Withdrawal processing times vary by payment method. E-wallet withdrawals are typically processed within 24 hours, credit/debit card withdrawals take 3-5 business days, and bank wire transfers can take 5-7 business days. All withdrawal requests require account verification and are subject to compliance checks.