Written by ForexBrokers.com
In this head to head comparison of DooPrime 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.
DooPrime and iFOREX are both reputable online brokers catering to diverse trading needs, yet they have distinct regulatory profiles. DooPrime, founded in 2014, boasts a strong regulatory standing with four Tier-1 licenses, which are considered highly trusted by ForexBrokers.com. This contributes to its respectable Trust Score rating of 83, categorizing it as a trusted broker. In contrast, iFOREX, established in 1996, holds one Tier-1 license and has a Trust Score rating of 75, suggesting an average risk profile according to ForexBrokers.com’s rating system.
Neither DooPrime nor iFOREX is publicly traded or operates as a bank. Each entity provides trading access and services without being listed on a stock exchange. While iFOREX has a longer history in the trading market, DooPrime's multiple Tier-1 licenses highlight its firm regulatory compliance and governance. These aspects should be considered when evaluating these brokers for their reliability and credibility in the competitive world of online trading.
| Feature |
DooPrime
|
iFOREX
|
|---|---|---|
| Year Founded | 2014 | 1996 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
DooPrime and iFOREX both earn 3 out of 5 stars for commissions and fees, but neither publishes average spread data, making it harder to gauge typical trading costs. Without that benchmark, traders should pay extra attention to real-time quotes and any account-related charges before deciding.
Since average spreads aren’t available, compare other cost factors such as commissions (if any), overnight financing/swap rates, deposit and withdrawal fees, and potential inactivity fees. Checking the latest pricing on each broker’s platform or a demo account can help you understand your likely all-in costs.
In ForexBrokers.com’s Commissions and Fees rankings (out of 63 brokers), DooPrime is placed at #60, while iFOREX is at #62. Given the similar 3-star ratings and low rankings, your choice may come down to which broker offers clearer fee disclosures and better live pricing for your specific instruments.
| Feature |
DooPrime
|
iFOREX
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
DooPrime and iFOREX both offer forex trading (CFD or spot), but their product ranges differ a lot. DooPrime lists about 10,000 tradeable symbols versus iFOREX’s 750. iFOREX has more currency pairs (88 vs 60), which may appeal to dedicated forex traders. For crypto, neither broker lets you buy actual coins; however, iFOREX offers crypto CFDs while DooPrime does not. DooPrime also supports copy trading, which iFOREX does not provide.
A standout difference is stock access. DooPrime lets clients buy exchange-traded shares on U.S. and international markets (not just CFDs), while iFOREX does not offer real share dealing. Reflecting this breadth, ForexBrokers.com rates DooPrime 5/5 for Range of Investments and ranks it 13th out of 63 brokers; iFOREX holds 3.5/5 and ranks 42nd. Choose DooPrime if you want many markets and real share ownership, or iFOREX if you prefer a simpler lineup with more forex pairs and crypto CFDs.
| Feature |
DooPrime
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 750 |
| Forex Pairs (Total) | 60 | 88 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | No | 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.
DooPrime and iFOREX both provide in-house (proprietary) trading platforms and browser-based web platforms, and each lets you place trades directly from charts. That’s where the similarities end. DooPrime offers a free virtual demo (paper trading) account, a Windows desktop platform, copy trading, and access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5). iFOREX does not offer a demo account, does not provide a Windows desktop platform, does not support copy trading, and does not support MT4 or MT5.
Both brokers earn 4 out of 5 stars for Trading Platforms and Tools, yet their rankings differ: DooPrime is ranked #25 out of 63 brokers by ForexBrokers.com, while iFOREX is #55. If you want MT4/MT5, desktop access, copy trading, and a demo account to practice, DooPrime is the better fit; if you prefer a straightforward, proprietary web platform, both DooPrime and iFOREX can work.
| Feature |
DooPrime
|
iFOREX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 57 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing the DooPrime and iFOREX mobile trading apps, both are available on iPhone and Android. DooPrime includes price alerts, which can help you stay on top of market moves; iFOREX does not offer price alerts. Neither app supports watchlist symbol syncing between mobile and web, so changes you make in one place won’t automatically show up in the other.
For charting, DooPrime provides 30 technical studies, supports drawing trendlines, and auto-saves your chart drawings. iFOREX does not list technical studies, and it lacks trendline drawing and auto-save for annotations. Both apps earn 4 out of 5 stars for Mobile Trading Apps, but rankings differ: according to ForexBrokers.com, DooPrime is #25 out of 63 brokers, while iFOREX is #56.
| Feature |
DooPrime
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
DooPrime vs iFOREX for market research: both brokers offer daily market commentary and an economic calendar, and both integrate Trading Central to help generate trade ideas. Neither supports Autochartist. DooPrime stands out by delivering forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, while iFOREX does not. iFOREX counters with a sentiment-based trading tool that shows long/short ratios, which DooPrime lacks. Integrations with TipRanks or Acuity Trading were not specified for either broker.
On ratings, DooPrime scores 4 stars and ranks 30th out of 63 for Research, ahead of iFOREX at 3.5 stars and 49th. Choose DooPrime if in-platform premium news is important to you; pick iFOREX if you want sentiment data to gauge crowd positioning. Both deliver core research features like daily commentary and Trading Central.
| Feature |
DooPrime
|
iFOREX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | No | Yes |
| TipRanks | ||
| Acuity Trading | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing DooPrime and iFOREX for beginner-friendly education, both brokers provide a sizeable library of starter video lessons (at least 10) that explain trading basics in simple terms. Neither runs monthly live educational webinars, so if you prefer real-time classes, that’s a gap with both. Where they differ is in the next step: DooPrime also offers at least 10 advanced videos for when you’re ready to go beyond the basics, while iFOREX does not match that level for experienced topics.
These differences show up in their independent ratings. DooPrime earns 4 stars for Education and ranks #25 out of 63 brokers on ForexBrokers.com, while iFOREX holds 3.5 stars and ranks #53. For new traders who want a clear path from beginner lessons to more in-depth material, DooPrime has the edge. If you only need beginner videos and don’t mind the lack of webinars, both can work.
| Feature |
DooPrime
|
iFOREX
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that DooPrime is better than iFOREX. DooPrime finished with an overall rank of #28, while iFOREX finished with an overall rank of #52.
DooPrime is mainly regulated in the UK, as well as two offshore locations (Vanuatu and Mauritius), and offers 10,000 investment products, and multiple platforms including the full MetaTrader suite, and social copy trading platforms. That said, DooPrime trails behind the best brokers in key categories.
| Feature |
DooPrime
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iFOREX
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|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 75 |
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DooPrime vs iFOREX: neither broker lets you buy actual cryptocurrencies, but iFOREX offers cryptocurrency CFDs while DooPrime does not.
When comparing online brokers DooPrime and iFOREX for deposits and withdrawals, neither supports ACH or SEPA transfers, and details on PayPal, Skrill, Visa/Mastercard, and bank wire options are not specified here and should be verified directly with each broker.
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 | DooPrime | iFOREX | |
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| Trust Score | 83 | 75 | |
| Winner | check_circle | ||
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| Broker Screenshots | DooPrime | iFOREX | |
|---|---|---|---|
| Broker Gallery (click to expand) |
| Regulation | DooPrime | iFOREX | |
|---|---|---|---|
| Trust Score | 83 | 75 | |
| Year Founded | 2014 | 1996 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | iFOREX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| 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). | No | Yes |
| Tier-2 Licenses (Trusted) | DooPrime | iFOREX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | DooPrime | iFOREX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 750 | |
| Forex Pairs (Total) | 60 | 88 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | No | 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 | DooPrime | iFOREX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | DooPrime | iFOREX | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | No | No |
| Trading Platforms | DooPrime | iFOREX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | DooPrime | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 30 | 57 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | DooPrime | iFOREX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | DooPrime | iFOREX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | |||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | iFOREX | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | DooPrime | iFOREX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review |
| Overall | DooPrime | iFOREX | |
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| Trust Score | 83 | 75 | |
| Winner | check_circle | ||
| Review |
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