Written by ForexBrokers.com
In this head to head comparison of FOREX.com 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.
FOREX.com and iFOREX both have established presences in the online trading world, with FOREX.com founded in 1999 and iFOREX in 1996. While neither broker is a bank, FOREX.com enjoys the distinction of being publicly traded, adding an element of transparency and accountability that iFOREX lacks. When it comes to regulatory trust, FOREX.com stands out with seven Tier-1 licenses, the highest in trust according to ForexBrokers.com, and an impressive Trust Score of 99. In comparison, iFOREX holds just one Tier-1 license and has a Trust Score of 75, which is considered average risk.
For those prioritizing safety and regulatory reliability, FOREX.com offers a significant advantage. Its high level of regulatory oversight contributes to making it a more secure choice for investors. While iFOREX does provide opportunities for trading, it does not match the breadth of regulatory compliance boasted by FOREX.com. This distinction makes FOREX.com more appealing to traders who prioritize trust and reliability in their choice of brokers.
| Feature |
FOREX.com
|
iFOREX
|
|---|---|---|
| Year Founded | 1999 | 1996 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing commissions and fees, FOREX.com is the stronger value on ratings and transparency, while iFOREX lacks published average spread data. FOREX.com is rated 4.5/5 stars and ranks #14 of 63 for Commissions and Fees; iFOREX is rated 3/5 stars and ranks #62 of 63.
FOREX.com offers a Standard account and a commission-based RAW account. In the U.S., the Standard account’s typical EUR/USD spread is about 1.4 pips; outside the U.S., EUR/USD averaged 0.74 pips in July 2023. The RAW account posts very low typical spreads (around 0.13 pips on EUR/USD, Feb 2024) plus a $7 per standard lot round-turn commission, which adds roughly 0.7 pips. Active traders can earn volume rebates of $2–$9 per million. For most U.S. traders who do less than $50 million per month, the all-in costs of the RAW and Standard accounts are similar.
iFOREX does not provide average spread figures, making it harder to gauge potential trading costs against peers. Reflecting that, its pricing profile earns 3/5 stars and a #62 of 63 ranking for Commissions and Fees.
| Feature |
FOREX.com
|
iFOREX
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average spread (EUR/USD) - Standard account | 1.4 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing FOREX.com vs iFOREX for range of investments: both let you trade forex as CFDs or spot. FOREX.com offers about 5,500 tradeable symbols, while iFOREX lists around 750. For currency pairs specifically, iFOREX has a slight edge with 88 pairs versus 80 at FOREX.com. Neither broker offers exchange-traded stocks on U.S. or international exchanges, and neither supports copy trading. You also can’t buy real crypto at either broker, but both provide access to cryptocurrency CFDs.
According to ForexBrokers.com, FOREX.com earns 5 stars for Range of Investments and ranks #7 out of 63 brokers, while iFOREX earns 3.5 stars and ranks #42. In short, choose FOREX.com if you want a larger overall menu of instruments; pick iFOREX if having a few more forex pairs matters most. Both are focused on CFD/spot products rather than direct stock or delivered crypto ownership.
| Feature |
FOREX.com
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 750 |
| Forex Pairs (Total) | 80 | 88 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Comparing trading platforms and tools, FOREX.com stands out for offering a free paper-trading demo account, a proprietary platform, and multiple platform choices: a Windows desktop download and a web-based platform. It also supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). iFOREX offers its own proprietary, web-based platform and lets you place trades directly from charts like FOREX.com, but it does not provide a Windows desktop download, a demo account, or MT4/MT5. Neither broker offers copy trading.
If you want MetaTrader access, a downloadable desktop platform, and a risk-free demo to practice, FOREX.com is the more feature-rich pick. If you prefer a straightforward, browser-only experience with chart-based trading, iFOREX may fit. Reflecting these differences, ForexBrokers.com rates FOREX.com 5 stars (ranked #7 of 63 for Trading Platforms and Tools) versus iFOREX at 4 stars (ranked #55 of 63).
| Feature |
FOREX.com
|
iFOREX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 88 | 57 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FOREX.com and iFOREX offer mobile trading apps for iPhone and Android. The key differences appear in everyday features: the FOREX.com app supports price alerts and syncs your watchlists with your online account, so changes carry over between devices. iFOREX does not offer price alerts or watchlist syncing, which may matter if you track multiple markets throughout the day.
Charting tools also set the apps apart. FOREX.com includes 88 technical indicators, lets you draw trendlines, and automatically saves your drawings. iFOREX does not provide trendline drawing or auto-save, and its indicator count isn’t listed. Reflecting these gaps, ForexBrokers.com rates FOREX.com 5/5 stars and ranks it #3 out of 63 brokers for Mobile Trading Apps, while iFOREX earns 4/5 stars and ranks #56. For traders who want alerts, synced watchlists, and deeper charting on mobile, FOREX.com is the stronger pick; iFOREX covers the basics on both iOS and Android.
| Feature |
FOREX.com
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 88 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
When comparing FOREX.com vs iFOREX for market research, both brokers cover the basics: daily market commentary, Trading Central-powered analysis, a sentiment tool that shows long and short positioning, and an economic calendar. Neither includes Autochartist. The key difference is news: FOREX.com streams forex updates from top-tier sources such as Bloomberg, Reuters, or Dow Jones, while iFOREX does not.
For overall quality, independent ratings favor FOREX.com. It earns 4.5/5 stars and ranks #9 out of 63 brokers for Research at ForexBrokers.com, compared with iFOREX at 3.5/5 stars and #49. FOREX.com does not include TipRanks or Acuity Trading tools; iFOREX’s availability of those specific providers isn’t specified.
| Feature |
FOREX.com
|
iFOREX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing education for beginners, FOREX.com offers a more complete learning path than iFOREX. Both brokers provide at least 10 beginner-friendly video lessons that explain forex and CFD trading in simple terms. However, FOREX.com also runs live client webinars at least once a month and supplies 10+ advanced videos for when you’re ready to go beyond the basics. iFOREX does not host monthly educational webinars and does not meet the 10+ advanced video mark, so its content is better suited to early-stage learners who want quick, on-demand videos.
Independent ratings back up this gap. FOREX.com earns 4.5 out of 5 stars for Education and ranks #4 out of 63 brokers on ForexBrokers.com. iFOREX scores 3.5 out of 5 stars and ranks #53 out of 63. If you want beginner videos plus live sessions and deeper lessons as you progress, FOREX.com is the stronger choice; if you only need a basic video library to get started, iFOREX can cover the essentials.
| Feature |
FOREX.com
|
iFOREX
|
|---|---|---|
| Webinars | Yes | 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 FOREX.com is better than iFOREX. FOREX.com finished with an overall rank of #5, while iFOREX finished with an overall rank of #52.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
iFOREX
|
|---|---|---|
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| Trust Score | 99 | 75 |
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FOREX.com and iFOREX, as online brokers, do not allow buying actual (delivered) cryptocurrencies, but both provide cryptocurrency CFD trading.
FOREX.com vs iFOREX: FOREX.com supports ACH/SEPA, PayPal, Skrill, and bank wire deposits/withdrawals, while iFOREX does not support ACH/SEPA and its availability of PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.
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 | FOREX.com | iFOREX | |
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| Trust Score | 99 | 75 | |
| Winner | check_circle | ||
| Review | FOREX.com Review |
| Broker Screenshots | FOREX.com | iFOREX | |
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| Regulation | FOREX.com | iFOREX | |
|---|---|---|---|
| Trust Score | 99 | 75 | |
| Year Founded | 1999 | 1996 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | 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) | Yes | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FOREX.com | iFOREX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FOREX.com | iFOREX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 750 | |
| Forex Pairs (Total) | 80 | 88 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | FOREX.com | iFOREX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.4 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | iFOREX | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | FOREX.com | iFOREX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | FOREX.com | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 88 | 57 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | FOREX.com | iFOREX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 88 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | FOREX.com | iFOREX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | iFOREX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FOREX.com | iFOREX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FOREX.com Review |
| Overall | FOREX.com | iFOREX | |
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| Trust Score | 99 | 75 | |
| Winner | check_circle | ||
| Review | FOREX.com Review |
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