Written by ForexBrokers.com
In this head to head comparison of AvaTrade 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.
AvaTrade and iFOREX are both prominent online brokers, but they differ significantly in terms of regulatory trustworthiness and history. AvaTrade, established in 2006, is not listed on any stock exchange and is not a bank, similar to iFOREX, which started in 1996. However, AvaTrade distinguishes itself with a higher level of regulation, holding four Tier-1 licenses and three Tier-2 licenses. This robust regulatory backing contributes to AvaTrade's impressive Trust Score rating of 94 out of 99 from ForexBrokers.com, indicating a high level of trustworthiness.
In contrast, iFOREX holds only one Tier-1 license and does not possess any Tier-2 licenses. As a result, it has a ForexBrokers.com Trust Score rating of 75 out of 99, categorizing it as having an average risk level. Neither broker is publicly traded or operates as a bank, but AvaTrade's regulatory credentials position it as a more trusted choice for those prioritizing safety and compliance in their trading activities.
| Feature |
AvaTrade
|
iFOREX
|
|---|---|---|
| Year Founded | 2006 | 1996 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 1 |
AvaTrade offers competitive commissions and fees with spreads slightly below industry average, around 0.9 pips as of June 2024. While their entry-level spreads may not be as low as those from CMC Markets or Tickmill, they offer appealing rates for elected professional traders, with spreads on Professional accounts at 0.6 pips, rivaling those of FP Markets. AvaTrade earns a commendable 4.5-star rating for its commissions and fees and ranks 12th out of 63 brokers according to ForexBrokers.com.
In contrast, iFOREX does not provide specific average spread data, making it harder to assess their exact fee structure. This lack of transparency contributes to their lower rating and ranking by industry standards. iFOREX holds a 3-star rating for commissions and fees and is positioned much lower at 61st place among 63 brokers as reviewed by ForexBrokers.com.
For those deciding between AvaTrade and iFOREX, AvaTrade stands out with more favorable fees, evidenced by its higher ranking and rating, making it a preferred choice, especially for professional traders seeking competitive spreads.
| Feature |
AvaTrade
|
iFOREX
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 0.93 | N/A |
| All-in Cost EUR/USD - Active | 0.61 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | 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 considering AvaTrade and iFOREX for online trading, both platforms provide opportunities to engage in forex trading through CFDs or spot contracts. However, AvaTrade boasts a more extensive selection with 1260 tradeable symbols, while iFOREX offers 750. While iFOREX provides a greater choice of forex pairs, offering 88 compared to AvaTrade's 53, AvaTrade stands out with additional options like copy trading, which iFOREX does not support. Neither platform provides access to exchange-traded securities on U.S. or international exchanges, nor do they offer the purchase of actual cryptocurrencies. However, both brokers do facilitate trading in cryptocurrency derivatives.
Evaluating their range of investments, AvaTrade earns a higher evaluation with four out of five stars compared to iFOREX's 3.5 stars. According to ForexBrokers.com, AvaTrade ranks #32 overall among 63 brokers for the range of investments, whereas iFOREX trails behind at #41. While both brokers cater to a wide array of financial instruments, traders seeking a broader range of symbols and the option for copy trading might find AvaTrade a more appealing choice. On the other hand, those focusing on the diversity of forex pairs may prefer iFOREX.
| Feature |
AvaTrade
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 750 |
| Forex Pairs (Total) | 53 | 88 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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 AvaTrade and iFOREX for their trading platforms and tools, AvaTrade shines with several advanced features. AvaTrade offers both a proprietary platform and popular third-party options like MetaTrader 4 and MetaTrader 5, providing traders with substantial flexibility. For those who prefer trading from a browser, both platforms offer web-based options, though AvaTrade also supports a Windows-based desktop version, which iFOREX does not. Avalailable additional features include copy trading and integrations with DupliTrade and ZuluTrade, offering a high degree of versatility. Users keen on practicing trades can benefit from AvaTrade's free demo account, a feature notably absent with iFOREX. AvaTrade has an extensive set of drawing tools and allows trading directly from stock charts, securing its high rating of 4.5 stars for Trading Platforms and Tools and a commendable 13th rank out of 63 brokers according to ForexBrokers.com.
iFOREX, while slightly trailing with a 4-star rating for Trading Platforms and Tools and ranked 54th by ForexBrokers.com, still delivers solid features for traders. Like AvaTrade, iFOREX provides a proprietary platform and web-based trading, making it accessible for those on various devices. Although it lacks some functionalities provided by AvaTrade, like MetaTrader compatibility and copy trading, iFOREX counters with a more extensive array of drawing tools and a more diverse watch list with nine fields. Both platforms offer the convenience of trading directly from stock charts, catering to those who value seamless execution. Despite some gaps, iFOREX remains a competitive option for traders seeking a user-friendly experience.
| Feature |
AvaTrade
|
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 | Yes | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 80 | 57 |
| Charting - Drawing Tools (Total) | 13 | 25 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both AvaTrade and iFOREX offer mobile apps for iPhone and Android, making it easy for users to trade on the go. However, AvaTrade stands out with several features that iFOREX lacks. AvaTrade provides stock and forex price alerts, unlike iFOREX. It also offers watchlist syncing, ensuring that changes you make are consistent across your phone and online account, a feature absent in the iFOREX app. AvaTrade impresses with 73 technical studies available in its charting tools, alongside the capability to draw trendlines and view multiple timeframes on charts. These advanced options are not available with iFOREX.
While both apps allow users to create watchlists, AvaTrade offers real-time quotes, enhancing the trading experience. This capability, unfortunately, is missing in the iFOREX app. AvaTrade earns a higher user rating of 4.5 stars for its mobile trading app, compared to iFOREX's 4 stars. According to ForexBrokers.com, AvaTrade is ranked #13 out of 63 brokers in the category of mobile trading apps, whereas iFOREX is positioned at #55. This ranking suggests that AvaTrade offers a more comprehensive and feature-rich mobile trading experience compared to iFOREX.
| Feature |
AvaTrade
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 73 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
When comparing AvaTrade and iFOREX for market research, notable differences emerge. AvaTrade stands out by offering forex news from renowned sources such as Bloomberg, Reuters, and Dow Jones, whereas iFOREX lacks this feature. However, iFOREX compensates by providing daily market commentary, a service AvaTrade does not offer. Both brokers offer technical analysis and fundamental research tools from Trading Central, and each provides a sentiment-based trading tool to help traders understand the market mood.
Both AvaTrade and iFOREX provide an economic calendar showcasing current and upcoming global news events. Despite some similarities, AvaTrade's comprehensive news offering from top-tier sources gives it an edge, resulting in a higher research rating of 4 stars compared to iFOREX’s 3.5 stars. Additionally, AvaTrade is ranked #34 out of 63 brokers by ForexBrokers.com for research, whereas iFOREX is ranked #48, highlighting AvaTrade's slightly superior standing in the market research domain.
| Feature |
AvaTrade
|
iFOREX
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing online brokers for educational resources aimed at beginners, AvaTrade clearly stands out over iFOREX. AvaTrade offers a wide range of learning materials including more than ten educational articles, videos, and archived webinars focused on forex and CFDs. It also hosts monthly webinars for clients and provides access to a searchable archive of past sessions. Additionally, AvaTrade caters to newcomers with over ten beginner-focused educational videos and supports advanced learners with an additional set of videos covering more complex trading topics. For those needing clarity on industry terminology, AvaTrade provides an investor dictionary with definitions for over 50 investing terms.
Conversely, iFOREX does not offer as comprehensive a suite of educational resources. Although iFOREX provides more than ten beginner educational videos, it lacks supplementary materials such as educational articles or archived webinars specifically focused on forex and CFDs. Monthly webinars or a searchable archive of previous sessions aren't available, and there is no investor dictionary for clients who wish to better understand trading jargon. As a result, AvaTrade earns a higher education rating of 4 stars compared to iFOREX's 3.5 stars by ForexBrokers.com, ranking #2 in education among 63 brokers, while iFOREX ranks at #53.
| Feature |
AvaTrade
|
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 AvaTrade is better than iFOREX. AvaTrade finished with an overall rank of #13, while iFOREX finished with an overall rank of #52.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab Best in Class honors for Beginners in the ForexBrokers.com 2025 Annual Awards.
| Feature |
AvaTrade
|
iFOREX
|
|---|---|---|
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| Trust Score | 94 | 75 |
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Both AvaTrade and iFOREX do not offer the ability to buy actual (delivered) cryptocurrency; however, they both provide options for trading cryptocurrency derivatives.
Both AvaTrade and iFOREX do not support ACH or SEPA transfers but offer flexibility with PayPal, Skrill, Visa, Mastercard, and bank wires for deposits and withdrawals, making them competitive options for online trading.
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 | AvaTrade | iFOREX | |
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| Trust Score | 94 | 75 | |
| Winner | check_circle | ||
| Review | AvaTrade Review |
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| Regulation | AvaTrade | iFOREX | |
|---|---|---|---|
| Trust Score | 94 | 75 | |
| Year Founded | 2006 | 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 | 1 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | iFOREX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | 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) | AvaTrade | iFOREX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | AvaTrade | iFOREX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 750 | |
| Forex Pairs (Total) | 53 | 88 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | AvaTrade | iFOREX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.93 | N/A | |
| All-in Cost EUR/USD - Active | 0.61 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | AvaTrade | 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 | No | No |
| Trading Platforms | AvaTrade | 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 | Yes | No | |
| ZuluTrade | Yes | No |
| Trading Tools | AvaTrade | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 80 | 57 | |
| Charting - Drawing Tools (Total) | 13 | 25 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | AvaTrade | iFOREX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 73 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | No |
| Research | AvaTrade | iFOREX | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | 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 | AvaTrade | 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 | AvaTrade Review |
| Overall | AvaTrade | iFOREX | |
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| Trust Score | 94 | 75 | |
| Winner | check_circle | ||
| Review | AvaTrade Review |
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