It’s from the same developer as the popular wpDiscuz comment plugin, which you might’ve heard of.
The core wpForo plugin is free and then there are various premium add-ons that you can purchase as needed.
The free version gives you a drag-and-drop editor to set up your forums and categories, as well as a lengthy settings area where you can:
Restrict access to certain forums
Create a custom reputation system based on post counts
Translate your forum text strings (great for localization)
Customize the looks of your forum
…plus plenty more – you get a lot of options
Lots of moderation tools, including automatic filters
Gamification with badges and ranks
Polls and surveys
The only downside is that the default design looks a little dated in comparison to the other forum plugins on this list, though it includes different themes and gives you options to customize your forum’s styling:
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