Written by ForexBrokers.com
In this head to head comparison of FxPro 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.
When comparing FxPro and iFOREX, both brokers offer unique strengths. Founded in 2006, FxPro operates not only as a brokerage but also as a bank, while iFOREX, established in 1996, is not a bank. Although neither is publicly traded, FxPro holds a strong position in terms of regulatory oversight, with two Tier-1 and one Tier-2 licenses. In contrast, iFOREX holds one Tier-1 license and no Tier-2 licenses. This distinction plays a significant role in assessing their trustworthiness and reflects in their respective Trust Scores.
According to ForexBrokers.com, FxPro earns a Trust Score of 93, placing it in the highly trusted category, while iFOREX scores a 75, indicating an average risk. These scores suggest that traders may find FxPro to be a more reliable choice given its higher regulatory credentials and overall trust ranking. Each broker caters to different needs, but those prioritizing trust may lean towards FxPro due to its strong regulatory standing.
| Feature |
FxPro
|
iFOREX
|
|---|---|---|
| Year Founded | 2006 | 1996 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing commissions and fees, FxPro is more transparent and generally more competitive than iFOREX. FxPro earns 4 out of 5 stars and ranks #33 out of 63 brokers for Commissions and Fees, while iFOREX receives 3 out of 5 stars and ranks #62 out of 63. FxPro’s overall pricing is higher than the industry average, but it publishes detailed figures, whereas iFOREX does not provide average spread data, making it harder to gauge its true trading costs.
FxPro offers multiple pricing models across platforms. On cTrader, it uses commission-based pricing with an effective EUR/USD cost of about 1.27 pips (0.37-pip average spread plus a 0.9-pip commission-equivalent). On MT4 and MT5, floating spreads are available: about 1.58 pips on MT4 and 1.51 pips on MT5 with market execution, and about 1.71 pips with instant execution (based on August 2020 data). Fixed spreads are offered on MT4 but not on MT5. Execution options differ: instant execution can lead to requotes without slippage, while market execution avoids requotes but can slip. Also note, cTrader has no minimum distance for stop/limit orders, while MetaTrader requires at least 1 pip—even on FxPro’s Elite account. FxPro’s Elite (Active Trader) program can discount costs by up to 30%, though it still trails the best discount programs in the market.
For iFOREX, the absence of average spread data limits price comparison. Its lower category ranking (3/5 stars; #62/63) suggests it may be less appealing to cost-conscious traders. If transparent, published costs are important to you, FxPro’s detailed pricing—especially on cTrader—can make it easier to estimate what you’ll pay per trade, even though its fees are not the lowest in the industry.
| Feature |
FxPro
|
iFOREX
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average spread (EUR/USD) - Standard account | 1.51 | N/A |
| All-in Cost EUR/USD - Active | 1.27 | 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.
FxPro offers a wider range of investments overall, with 2,249 tradeable symbols versus iFOREX’s 750. That said, iFOREX lists 88 forex pairs compared with FxPro’s 70. Both brokers support forex trading as CFDs/spot. When it comes to exchange-traded securities (not CFDs), FxPro lets clients buy certain international shares, but neither broker offers direct access to U.S.-listed stocks.
For extras, FxPro includes copy trading and cryptocurrency CFDs, while iFOREX also offers crypto CFDs but not copy trading; neither lets you buy actual crypto. Based on range of investments, ForexBrokers.com rates FxPro 4.0/5 (ranked 29th of 63) and iFOREX 3.5/5 (ranked 42nd of 63).
| Feature |
FxPro
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 750 |
| Forex Pairs (Total) | 70 | 88 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | 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.
FxPro vs iFOREX: For trading platforms and tools, FxPro offers more ways to trade. You get its proprietary platform plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5), a Windows desktop download, and a web platform. iFOREX also has an in-house, web-based platform, but it doesn’t support MT4 or MT5 and doesn’t provide a Windows desktop app. FxPro supports copy trading and includes a free demo account for paper trading, whereas iFOREX does not offer copy trading or a demo account.
Both brokers let you place trades directly from charts in the browser. Each is rated 4 stars for Trading Platforms and Tools, yet ForexBrokers.com ranks FxPro much higher (#17 of 63) than iFOREX (#55 of 63). That gap highlights FxPro’s wider platform choice and features that may suit traders who want desktop software, MetaTrader access, and copy trading.
| Feature |
FxPro
|
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) | 53 | 57 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FxPro and iFOREX both offer mobile trading apps for iPhone and Android. Where they differ is in tools and convenience. FxPro includes price alerts and watchlist syncing with your online account, so updates carry across devices. iFOREX lacks both of these, which may matter if you rely on timely alerts or want your favorites list to stay consistent between web and mobile.
For charting, FxPro is stronger, offering 65 technical studies, the ability to draw trendlines, and auto-saving of chart drawings. iFOREX does not provide these features. Reflecting this gap, FxPro earns a 4.5-star mobile app rating and ranks #15 out of 63 brokers at ForexBrokers.com, while iFOREX holds a 4-star rating and ranks #56. If you value alerts, synced watchlists, and deeper chart tools, FxPro is the more feature-rich choice; if you prefer something simpler, iFOREX may still meet basic needs.
| Feature |
FxPro
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 65 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Comparing FxPro vs iFOREX for market research: both brokers publish daily market commentary, provide an economic calendar, and include a sentiment tool that shows long/short positioning. Each also offers Trading Central for technical analysis. Neither includes Autochartist. A key difference is news: FxPro streams forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, while iFOREX does not. FxPro does not feature TipRanks or Acuity Trading tools, and iFOREX does not list support for those providers.
Independent ratings highlight this gap. For Research, ForexBrokers.com rates FxPro 4 out of 5 stars and ranks it 26th of 63 brokers, while iFOREX earns 3.5 out of 5 stars and ranks 49th. If premium integrated news matters, FxPro has the edge; if you mainly want daily commentary, an economic calendar, Trading Central insights, and a simple sentiment readout, both platforms cover those needs.
| Feature |
FxPro
|
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.
FxPro vs iFOREX for beginner education: both brokers provide forex and CFD learning materials and meet the baseline of at least 10 educational pieces. Each offers at least 10 beginner-friendly trading videos, which is helpful if you’re just starting out. However, neither broker runs monthly client webinars, and neither has a library of 10 or more advanced videos for experienced traders.
When it comes to quality scores, FxPro stands out with a 4-star education rating and a #18 ranking out of 63 brokers on ForexBrokers.com. iFOREX earns 3.5 stars and ranks #53. If you want a stronger overall education experience for beginners, FxPro edges ahead, while iFOREX still covers the basics well with its video content.
| Feature |
FxPro
|
iFOREX
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FxPro is better than iFOREX. FxPro finished with an overall rank of #21, while iFOREX finished with an overall rank of #52.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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iFOREX
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| Trust Score | 93 | 75 |
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Online brokers FxPro and iFOREX do not allow buying actual (delivered) cryptocurrencies, but both offer cryptocurrency CFDs for trading.
In a FxPro vs iFOREX comparison, FxPro supports ACH/SEPA transfers, PayPal, Skrill, and bank wire deposits/withdrawals, while iFOREX does not support ACH/SEPA (other funding options 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 | FxPro | iFOREX | |
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| Trust Score | 93 | 75 | |
| Winner | check_circle | ||
| Review | FxPro Review |
| Broker Screenshots | FxPro | iFOREX | |
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| Regulation | FxPro | iFOREX | |
|---|---|---|---|
| Trust Score | 93 | 75 | |
| Year Founded | 2006 | 1996 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FxPro | iFOREX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | 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). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FxPro | iFOREX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FxPro | iFOREX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 750 | |
| Forex Pairs (Total) | 70 | 88 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | 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 | FxPro | iFOREX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.51 | N/A | |
| All-in Cost EUR/USD - Active | 1.27 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FxPro | 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 | FxPro | 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 | Yes | No |
| Trading Tools | FxPro | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 53 | 57 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | FxPro | 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 | 65 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | FxPro | 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 | FxPro | iFOREX | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | FxPro | iFOREX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FxPro Review |
| Overall | FxPro | iFOREX | |
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| Trust Score | 93 | 75 | |
| Winner | check_circle | ||
| Review | FxPro Review |
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