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eToro vs iFOREX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of eToro vs iFOREX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

eToro
4.5/5 Stars Overall
  • Minimum Deposit: $50-$10,000
  • Trust Score: 96
  • Tradeable Symbols (Total): 7441
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

eToro vs iFOREX: eToro, founded in 2007 and publicly traded, is not a bank and holds 4 Tier-1 licenses plus 1 Tier-2 license. iFOREX, founded in 1996, is privately held, not a bank, and holds 1 Tier-1 license with no Tier-2 licenses. Tier-1 licenses are considered highly trusted by ForexBrokers.com, while Tier-2 licenses are considered trusted.

As rated by ForexBrokers.com, Trust Scores of 90–99 are highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted. eToro scores 96/99 (highly trusted), whereas iFOREX scores 75/99 (average risk).

Feature eToro logoeToro
iFOREX logoiFOREX
Year Founded info 2007 1996
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 4 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

Comparing commissions and fees, eToro lists a typical variable spread of 1 pip on EUR/USD, which is a bit higher than the industry average, while iFOREX does not publish average spread data. For this category, eToro earns 4.5 out of 5 stars and ranks #23 of 63 brokers on ForexBrokers.com. iFOREX receives 3 out of 5 stars and ranks #62 of 63.

eToro is a market-maker broker, and most traders don’t pick it purely for the tightest spreads; its appeal often lies in social copy trading. That said, its eToro Club VIP program can reduce some account-related costs. The five tiers (Silver to Diamond) cover balances from $5,000 to $250,000 and can include perks such as access to Trading Central, discounted withdrawal and deposit fees, and a dedicated account manager.

With iFOREX, the absence of published average spread figures makes direct cost comparisons harder. Its 3/5 commissions-and-fees rating and #62/63 ranking from ForexBrokers.com indicate it trails eToro and many peers in this area, which is worth weighing if tight, clearly stated spreads are a priority.

Feature eToro logoeToro
iFOREX logoiFOREX
Minimum Deposit info $50-$10,000 $100
Average spread (EUR/USD) - Standard account info 1 info N/A info
All-in Cost EUR/USD - Active info N/A N/A info
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info Yes
Skrill (Deposit/Withdraw) info Yes
Bank Wire (Deposit/Withdraw) info Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

eToro offers a wider range of investments than iFOREX, with 7,441 tradeable symbols versus iFOREX’s 750. Both support forex trading (CFD/spot), but iFOREX lists more currency pairs (88 vs. eToro’s 55). Where eToro pulls ahead is access to real stocks on both U.S. and international exchanges, plus copy trading. For crypto, eToro lets you buy actual coins as well as trade crypto CFDs, while iFOREX limits crypto to CFDs only.

These differences show up in independent ratings: eToro earns 5 stars for Range of Investments and ranks #11 out of 63 brokers at ForexBrokers.com. iFOREX scores 3.5 stars and ranks #42. If you want more asset types including real shares and delivered crypto, eToro is the stronger fit; if your focus is a larger list of forex pairs, iFOREX has an edge there.

Feature eToro logoeToro
iFOREX logoiFOREX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7441 750
Forex Pairs (Total) info 55 88
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info Yes No
Cryptocurrency (Underlying) info Yes No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

eToro vs iFOREX: both brokers use their own proprietary, browser-based trading platforms and do not provide a Windows desktop download. Neither supports MetaTrader 4 (MT4) or MetaTrader 5 (MT5). eToro stands out with copy trading and a free virtual demo (paper trading) account, while iFOREX does not offer copy trading or a demo account. Both platforms let you place trades directly from charts and include watchlists and standard charting features.

For Trading Platforms and Tools, ForexBrokers.com rates eToro 4.5 stars and ranks it #8 out of 63 brokers, while iFOREX earns 4 stars and ranks #55. Pick eToro if you want to practice first, tap into social and copy trading, and trade in your browser without extra software. Choose iFOREX if you want a simple, web-only proprietary platform and don’t need third‑party terminals or copy trading.

Feature eToro logoeToro
iFOREX logoiFOREX
Virtual Trading (Demo) info Yes No
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info No No
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info No No
MetaTrader 5 (MT5) info No No
Charting - Indicators / Studies (Total) info 106 57
Charting - Trade From Chart info Yes Yes

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

Forex trading apps

Both eToro and iFOREX offer mobile trading on iPhone and Android. eToro stands out for everyday use: it supports price alerts and syncs your watchlists between the mobile app and your web account, so changes show up everywhere. For charting, eToro lists 104 technical indicators, while iFOREX does not provide a count. Neither app currently lets you draw trendlines or auto-save chart drawings.

Reviews back up the feature gap. ForexBrokers.com rates eToro’s mobile app 4.5 stars and ranks it #10 out of 63 brokers, while iFOREX earns 4 stars and ranks #56. If price alerts, synced watchlists, and a wider set of indicators matter to you, the eToro mobile app is the stronger pick; for basic trading on iOS or Android, both apps will get the job done.

Feature eToro logoeToro
iFOREX logoiFOREX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes No
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 104 N/A
Mobile Charting - Draw Trendlines info No No
Mobile Charting - Trendlines Autosave info No No

Dive deeper: Best Forex Trading Apps.

Market research

Comparing eToro vs iFOREX for market research: both brokers provide daily market commentary, an economic calendar, Trading Central tools, and a sentiment gauge showing long/short positioning. eToro also includes forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, while iFOREX does not. Neither broker offers Autochartist. eToro adds TipRanks research, and it does not offer Acuity Trading tools; iFOREX’s support for TipRanks and Acuity Trading is not specified.

For overall research quality, eToro earns 4.5 stars and ranks #13 out of 63 brokers at ForexBrokers.com, while iFOREX holds 3.5 stars and ranks #49. If integrated premium news and TipRanks matter, eToro has the edge; if you just need Trading Central, a sentiment tool, and an economic calendar, both platforms cover those basics.

Feature eToro logoeToro
iFOREX logoiFOREX
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes Yes
Client sentiment data info Yes Yes
TipRanks info Yes
Acuity Trading info No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

eToro vs iFOREX for beginner trading education: eToro runs monthly educational webinars and offers plenty of video learning, including at least 10 beginner videos and 10+ advanced lessons for experienced traders. iFOREX provides at least 10 beginner videos but does not host monthly webinars and does not meet the same depth for advanced topics. Independent ratings reflect this difference: eToro scores 4.5/5 stars and ranks #5 of 63 brokers for Education at ForexBrokers.com, while iFOREX scores 3.5/5 stars and ranks #53.

If you’re new and want live guidance plus room to progress into advanced strategies across trading (including forex and CFDs), eToro is the stronger choice. If you mainly want a library of beginner-friendly videos and prefer self-paced study without webinars, iFOREX can work. Consider which format—live sessions or on-demand videos—fits how you learn best.

Feature eToro logoeToro
iFOREX logoiFOREX
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than iFOREX. eToro finished with an overall rank of #9, while iFOREX finished with an overall rank of #52.

eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.

Feature eToro logoeToro
iFOREX logoiFOREX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Trust Score info 96 75
Range of Investments 5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 3/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4.5/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with eToro or iFOREX?

In this eToro vs iFOREX comparison, eToro lets you buy actual (delivered) cryptocurrency and trade cryptocurrency CFDs, while iFOREX offers only cryptocurrency CFDs and does not support purchasing actual (delivered) crypto.

What funding options does each broker offer?

Online broker eToro supports ACH and SEPA transfers as well as PayPal, Skrill, and bank wire deposits and withdrawals, whereas iFOREX does not support ACH/SEPA and has not disclosed whether it supports PayPal, Skrill, Visa/Mastercard, or bank wires.

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Overall Rating eToro iFOREX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 3/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3/5 Stars
Trust Score info 96 75
Winner check_circle
Review eToro Review
Broker Screenshots eToro iFOREX
Broker Gallery (click to expand) info
eToro mobile watchlist eToro web trading platform cryptocurrency watchlist eToro Digest & Invest podcast. eToro academy courses beginners.
Regulation eToro iFOREX
Trust Score info 96 75
Year Founded info 2007 1996
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 4 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) eToro iFOREX
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info Yes 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 Yes info Yes info
Tier-2 Licenses (Trusted) eToro iFOREX
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or SCA Authorised) info Yes info No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments eToro iFOREX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7441 750
Forex Pairs (Total) info 55 88
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info Yes No
Cryptocurrency (Underlying) info Yes No
Cryptocurrency (CFDs) info 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 eToro iFOREX
Average spread (EUR/USD) - Standard account info 1 info N/A info
All-in Cost EUR/USD - Active info N/A N/A info
Inactivity Fee info Yes No
Order execution: Agency info Yes No
Order execution: Market Maker info Yes Yes
Funding eToro iFOREX
Minimum Deposit info $50-$10,000 $100
PayPal (Deposit/Withdraw) info Yes
Skrill (Deposit/Withdraw) info Yes
Bank Wire (Deposit/Withdraw) info Yes
Non-wire bank transfer info Yes No
Trading Platforms eToro iFOREX
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info No No
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info No No
MetaTrader 5 (MT5) info No No
cTrader info No No
Trading Tools eToro iFOREX
Virtual Trading (Demo) info Yes No
Price Alerts info Yes No
Charting - Indicators / Studies (Total) info 106 57
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading eToro iFOREX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes No
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 104 N/A
Mobile Charting - Draw Trendlines info No No
Mobile Charting - Trendlines Autosave info No No
Mobile Research - Economic Calendar info No No
Research eToro iFOREX
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes Yes
TipRanks info Yes
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education eToro iFOREX
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs eToro iFOREX
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review eToro Review
Overall eToro iFOREX
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 3/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3/5 Stars
Trust Score info 96 75
Winner check_circle
Review eToro Review
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