Written by ForexBrokers.com
In this head to head comparison of Admirals vs iFOREX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing online brokers Admirals and iFOREX, it's important to consider their regulatory credentials and trustworthiness. Admirals, established in 2001, holds a high Trust Score of 93 out of 99 from ForexBrokers.com, indicating it is highly trusted. Admirals is not publicly traded nor a bank, yet it stands out with four Tier-1 and three Tier-2 licenses, enhancing its credibility and reliability among investors.
On the other hand, iFOREX, founded in 1996, has a Trust Score of 75, suggesting it carries an average risk level. Like Admirals, iFOREX is neither publicly traded nor a bank. However, it holds only one Tier-1 license and no Tier-2 licenses, which may impact its trust perception compared to Admirals. These factors collectively shape the image and reliability of each broker for potential clients making investment decisions.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Year Founded | 2001 | 1996 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing Admirals and iFOREX in terms of commissions and fees, Admirals stands out with competitive pricing and transparent cost structures. Admirals' clients can benefit from typical spreads of 0.8 on the Trade account, reflecting a cost-effective option for traders. The Zero account type offers similar pricing, ensuring consistency in their low-cost appeal.
On the other hand, iFOREX does not provide average spread data, making it challenging for potential traders to assess their cost-efficiency fully. This lack of transparency can be a drawback for those trying to understand their potential trading costs and make informed decisions.
Admirals earns an impressive 4.5-star rating for its commissions and fees, placing it 17th out of 63 brokers according to ForexBrokers.com. In contrast, iFOREX holds a 3-star rating, ranking it 61st in the same category. This stark difference highlights Admirals as a more favorable choice for those prioritizing low trading costs and transparency.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 0.8 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by Admirals and iFOREX, Admirals stands out with a significantly larger selection of tradeable symbols and access to exchange-traded securities. Admirals provides a vast array of 8,702 tradeable symbols, offering investors a wealth of options to choose from. In contrast, iFOREX offers a more limited selection with 750 tradeable symbols. Both platforms allow traders to engage in forex trading via CFDs or spot contracts, with iFOREX slightly edging out Admirals in the number of forex pairs available, offering 88 compared to Admirals' 82 pairs. However, where Admirals shines is in its access to exchange-traded securities. Clients of Admirals can buy actual shares from both U.S. and international exchanges, unlike iFOREX, which does not provide this option.
Admirals also offers the feature of copy trading, giving users the ability to mimic successful trading strategies from others, a service not available with iFOREX. Both platforms provide opportunities to trade cryptocurrency derivatives, but neither allows the purchase of actual cryptocurrencies. Admirals' comprehensive range of investment options earns it a higher rating of 4.5 stars compared to iFOREX's 3.5 stars for range of investments. With a ranking of 19th out of 63 brokers in the Range of Investments category by ForexBrokers.com, Admirals surpasses iFOREX, which is ranked 41st. This robust ranking reflects Admirals' broad investment offerings and its capabilities to cater to diverse trading needs.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 750 |
| Forex Pairs (Total) | 82 | 88 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing trading platforms and tools, Admirals stands out with its plethora of features. Admirals users can engage in risk-free simulated trading through a free virtual demo account, an option that iFOREX does not provide. Both brokers have crafted their own proprietary platforms, yet Admirals offers the additional flexibility of a Windows-based desktop platform, which iFOREX lacks. Both firms provide convenient web-based platforms. Admirals caters to copy traders, providing features that support this, while iFOREX does not support copy trading. Admirals further extends its offerings with MetaTrader 4 and 5, two notable trading platforms absent from iFOREX’s lineup.
Evaluating charting capabilities reveals Admirals as a more comprehensive choice with 106 drawing tools compared to iFOREX’s 25. Both brokers allow trading directly from stock charts, enhancing ease of use. While iFOREX offers nine columns for watch lists, Admirals provides seven, ensuring sufficient data presentation. Both platforms receive a four-star rating for their trading tools, yet Admirals holds a higher ranking in this category, positioned at #19 compared to iFOREX at #54 out of 63 brokers. This suggests Admirals might be favored among traders who value a multifaceted and adaptable trading experience.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 57 |
| Charting - Drawing Tools (Total) | 106 | 25 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Admirals and iFOREX both provide mobile trading apps available for iPhone and Android users, ensuring accessibility across popular mobile platforms. Admirals stands out with its range of trading features, offering stock and forex price alerts, which can help traders stay informed of market changes. In contrast, iFOREX lacks price alert functionalities. When it comes to charting, Admirals delivers a well-rounded experience by offering 30 technical studies for detailed analysis, along with tools to draw trendlines and access various time frames such as daily or intraday views. Admirals also autosaves chart drawings, enhancing the user experience. iFOREX does not provide these advanced charting features, limiting its charting capabilities for users looking for enhanced technical analysis tools.
While both apps allow the creation of watchlists, Admirals provides real-time quotes, which can be a significant advantage for traders keeping track of their favorite stocks or currencies. Despite these differences, both brokers receive a solid four-star rating for their mobile trading apps. However, Admirals holds a higher rank at #23, compared to iFOREX's position at #55, according to ForexBrokers.com. This suggests that Admirals generally offers a more feature-rich and user-friendly mobile trading experience compared to iFOREX.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
Both Admirals and iFOREX offer daily market commentary, providing traders with valuable insights for their trading decisions. Admirals stands out in providing forex news from renowned sources like Bloomberg and Reuters, while iFOREX does not access these top-tier channels. Both platforms equip users with tools from Trading Central, and sentiment-based trading tools to gauge market positions on currency pairs. However, Admirals offers additional research resources from companies like TipRanks and Acuity Trading, enhancing their market analysis offerings, which iFOREX lacks.
Admirals surpasses iFOREX in various research categories according to ForexBrokers.com. Admirals boasts a higher rating of 4 stars and ranks 15th among 63 brokers, whereas iFOREX holds a 3.5-star rating and is ranked 48th. Both brokers provide an economic calendar for global news events, yet Admirals' access to premium news sources and additional research tools position it as a more comprehensive choice for traders focused on in-depth market research.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Admirals and iFOREX both aim to equip beginners with knowledge in forex and CFD trading, but their offerings differ considerably. Admirals excels in providing an extensive educational experience with over ten informative pieces, including articles, videos, and webinars focusing on these subjects. They further enhance learning by hosting monthly online webinars, offering a searchable archive of past webinars, and supplying a well-rounded investor dictionary with over 50 defined investing terms. Admirals also provides more than ten introductory and advanced trading videos designed for both newcomers and experienced traders. This rich array of resources has earned Admirals a strong four-star rating for education, ranking it #12 out of 63 brokers for its educational offerings.
In contrast, iFOREX provides a more limited educational platform for beginners. While they offer at least ten beginner-focused videos, they fall short in several areas compared to Admirals. iFOREX does not provide a minimum of ten resources specifically on forex or CFDs, and they lack regular educational webinars or an archive for recorded sessions. Additionally, their educational resources do not include an investor dictionary or advanced trading videos. With these limitations, iFOREX receives a slightly lower education rating of 3.5 stars and is positioned at #53 in ForexBrokers.com's educational rankings. Overall, Admirals delivers a more comprehensive educational platform compared to iFOREX, making it a preferable choice for those just starting in trading.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Admirals is better than iFOREX. Admirals finished with an overall rank of #18, while iFOREX finished with an overall rank of #52.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 75 |
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Both Admirals and iFOREX do not allow you to buy actual delivered cryptocurrencies, but they do offer the ability to trade cryptocurrency derivatives.
When comparing online brokers, Admirals stands out by offering a wider range of deposit and withdrawal options including ACH and SEPA transfers which iFOREX does not provide, although both brokers support PayPal, Skrill, Visa or Mastercard, and bank wire transactions.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Admirals | iFOREX | |
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| Trust Score | 93 | 75 | |
| Winner | check_circle | ||
| Review | Admirals Review |
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| Regulation | Admirals | iFOREX | |
|---|---|---|---|
| Trust Score | 93 | 75 | |
| Year Founded | 2001 | 1996 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Admirals | iFOREX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Admirals | iFOREX | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | iFOREX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 750 | |
| Forex Pairs (Total) | 82 | 88 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Admirals | iFOREX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | iFOREX | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Admirals | iFOREX | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Admirals | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | 57 | |
| Charting - Drawing Tools (Total) | 106 | 25 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Admirals | iFOREX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | Admirals | iFOREX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | iFOREX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Admirals | iFOREX | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Admirals Review |
| Overall | Admirals | iFOREX | |
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| Trust Score | 93 | 75 | |
| Winner | check_circle | ||
| Review | Admirals Review |
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