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iBanFirst Review
iBanFirst is a Brussels based fintech for business FX and cross border payments. It serves companies in more than 140 currencies, not individual retail traders.
Min Deposit
N/A
Spreads From
Not published, pricing is negotiated per business client
Max Leverage
Not applicable, this is a payments provider, not a CFD broker
Platforms
iBanFirst online platform, iBanPay AI assistant for UK clients
Pros
- Authorised as a payment institution by the National Bank of Belgium
- Also holds its own FCA electronic money license for UK clients
- Reported its first full year of profit in 2024 on real revenue
- Keeps client funds in segregated accounts under PSD2 rules
- Operates 13 offices across 10 European countries as of 2026
Cons
- Built for business clients, not individual retail forex traders
- FX products are tied to real payments, not open speculative trading
- Bestforex.io still lists this profile as unverified with details pending
- Pricing depends on negotiation, so costs are not published upfront
iBanFirst started in Paris in 2013 as FX4BIZ, founded by Pierre Antoine Dusoulier. It rebranded to iBanFirst in 2016 and moved its base to Brussels, growing from a simple FX tool into a wider business payments platform.
The company is authorised as a payment institution by the National Bank of Belgium, and in August 2024 its UK arm gained its own FCA electronic money license. It offers spot FX and forward contracts tied to real business payments, in more than 140 currencies across over 180 countries, and keeps client money in segregated accounts under PSD2 rules.
By 2026 iBanFirst ran 13 offices across 10 European countries with roughly 376 staff on four continents. It reported its first full year of profit in 2024 on 65 million euros of revenue, and later took on a 243 million dollar partnership with Marlin Equity Partners to fund further growth.
Max Leverage
Not applicable, this is a payments provider, not a CFD broker
Spreads From
Not published, pricing is negotiated per business client
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
