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DooPrime vs iFOREX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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.

DooPrime
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 83
  • Tradeable Symbols (Total): 10000
iFOREX
3.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 75
  • Tradeable Symbols (Total): 750

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.

Regulation

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 logoDooPrime
iFOREX logoiFOREX
Year Founded info 2014 1996
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 4 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 3 1

Fees

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 logoDooPrime
iFOREX logoiFOREX
Minimum Deposit info $100 $100
Average Spread EUR/USD - Standard info N/A info N/A info
All-in Cost EUR/USD - Active info N/A info N/A info
Active Trader or VIP Discounts info No No
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Comparing the range of investments at DooPrime and iFOREX, both brokers support forex trading available via CFDs or spot contracts. DooPrime offers far more tradeable symbols overall (about 10,000) than iFOREX (about 750), while iFOREX lists more currency pairs (88 vs. DooPrime’s 60).

DooPrime stands out by allowing clients to buy exchange-traded shares on both U.S. and international markets (not just CFDs) and by offering copy trading—two features iFOREX doesn’t provide. Neither broker offers real, delivered crypto; however, iFOREX does offer cryptocurrency derivatives, while DooPrime does not. Reflecting this product depth, ForexBrokers.com rates DooPrime 5/5 for Range of Investments (13th of 63) and iFOREX 3.5/5 (42nd of 63).

Feature DooPrime logoDooPrime
iFOREX logoiFOREX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 750
Forex Pairs (Total) info 60 88
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

DooPrime and iFOREX both offer proprietary trading platforms and web-based trading, along with the ability to place orders directly from charts. However, the rest of the lineup differs. DooPrime provides a free demo (paper) account, copy trading, a Windows desktop platform, and access to MetaTrader 4 and MetaTrader 5—features iFOREX does not offer. Neither broker supports DupliTrade or ZuluTrade.

For charting, DooPrime lists 15 drawing tools while iFOREX lists 25; indicator counts weren’t provided for either. Watchlists include 7 fields at DooPrime versus 9 at iFOREX. Both brokers earn 4 stars for Trading Platforms and Tools, yet DooPrime ranks higher with ForexBrokers.com at #25 out of 63, compared with iFOREX at #55. In short, choose DooPrime if you want MetaTrader, a desktop app, or a demo account; consider iFOREX if you prefer a web platform with more drawing tools.

Feature DooPrime logoDooPrime
iFOREX logoiFOREX
Virtual Trading (Demo) info Yes No
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 30 57
Charting - Drawing Tools (Total) info 15 25
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 9

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Both DooPrime and iFOREX offer mobile trading apps for iPhone and Android, and each earned a 4-star Mobile Trading Apps rating from ForexBrokers.com. In the 63-broker comparison, though, DooPrime ranked higher at #25, while iFOREX came in at #56.

Feature-wise, the DooPrime mobile app is better equipped for active charting and quick decisions: it includes price alerts, real-time quote watchlists, 30 technical studies, trendline drawing, multiple time frames, and auto-saved chart drawings. iFOREX does not offer price alerts, real-time watchlist creation, drawing tools, multiple time frames, or auto-saving on charts; the number of technical studies isn’t listed. Neither app syncs watchlist symbols between mobile and the web platform. If you want alerts and stronger chart tools on your phone for stocks and forex, DooPrime is the more complete pick, while iFOREX suits traders who prefer a simpler mobile app.

Feature DooPrime logoDooPrime
iFOREX logoiFOREX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes No
Mobile Charting - Drawings Autosave info Yes No
Mobile Watchlist info Yes No

Dive deeper: Best Forex Trading Apps.

Market research

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 logoDooPrime
iFOREX logoiFOREX
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info No Yes
TipRanks info
Signal Centre (Acuity Trading) info
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to educational resources for beginners, DooPrime sets itself apart from iFOREX with a wider array of options. DooPrime offers more than 10 educational materials focused on forex and CFDs, including a variety of videos and articles catering specifically to beginners. iFOREX, on the other hand, does not meet this standard, and while both platforms lack monthly webinars and archived webinar content, DooPrime excels by providing a collection of beginner videos.

DooPrime also caters to more experienced traders with advanced educational videos, a feature not available with iFOREX. Both platforms fall short by not offering an investor dictionary with 50 terms. Overall, DooPrime receives a higher rating for its educational content with 4 stars out of 5, compared to iFOREX's 3.5-star rating. This is reflected in their rankings, where DooPrime is placed at #25 among 63 brokers by ForexBrokers.com, whereas iFOREX ranks at a lower #53.

Feature DooPrime logoDooPrime
iFOREX logoiFOREX
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info No No

Dive deeper: Best Forex Brokers for Beginners.

Winner

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 logoDooPrime
iFOREX logoiFOREX
Overall Rating info 4/5 Stars 3.5/5 Stars
Trust Score info 83 75
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with DooPrime or iFOREX?

While both DooPrime and iFOREX do not offer the option to purchase actual, delivered cryptocurrencies, only iFOREX provides the ability to invest in cryptocurrency derivatives, offering additional trading opportunities compared to DooPrime.

What funding options does each broker offer?

Both DooPrime and iFOREX do not offer ACH or SEPA transfers for deposits or withdrawals, but they support PayPal, Skrill, Visa or Mastercard, and bank wires as options for managing account funds.




announcementPlease 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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Compare

0 of 5
Overall Rating DooPrime iFOREX
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 3/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 83 75
Winner check_circle
Review
Broker Screenshots DooPrime iFOREX
Broker Gallery (click to expand) info
Regulation DooPrime iFOREX
Trust Score info 83 75
Year Founded info 2014 1996
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-1 Licenses info 4 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 3 1
Tier-1 Licenses (Highly Trusted) DooPrime iFOREX
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info Yes No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-2 Licenses (Trusted) DooPrime iFOREX
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments DooPrime iFOREX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 750
Forex Pairs (Total) info 60 88
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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 info N/A info N/A info
All-in Cost EUR/USD - Active info N/A info N/A info
Active Trader or VIP Discounts info No No
Inactivity Fee info No No
Execution: Agency Broker info Yes No
Execution: Market Maker info Yes Yes
Funding DooPrime iFOREX
Minimum Deposit info $100 $100
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms DooPrime iFOREX
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools DooPrime iFOREX
Virtual Trading (Demo) info Yes No
Alerts - Basic Fields info Yes No
Watchlists - Total Fields info 7 9
Charting - Indicators / Studies (Total) info 30 57
Charting - Drawing Tools (Total) info 15 25
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading DooPrime iFOREX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Mobile Watchlist info Yes No
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes No
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes No
Research DooPrime iFOREX
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes Yes
TipRanks info
Social Sentiment - Currency Pairs info No Yes
Economic Calendar info Yes Yes
Education DooPrime iFOREX
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info No No
Major Forex Pairs DooPrime iFOREX
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review
Overall DooPrime iFOREX
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 3/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 83 75
Winner check_circle
Review
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