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iFOREX vs GBE brokers 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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

iFOREX
3.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 75
  • Tradeable Symbols (Total): 750
GBE brokers
3.5/5 Stars Overall
  • Minimum Deposit: $1000
  • Trust Score: 71
  • Tradeable Symbols (Total): 500

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

iFOREX and GBE brokers are both online brokers offering trading services, although they differ in their history and trust ratings. Founded in 1996, iFOREX has been in the market longer than GBE brokers, which was established in 2013. Neither company is publicly traded or operates as a bank. Both brokers hold one Tier-1 license, reflecting a commitment to maintaining trustworthy standards in the industry, although neither holds any Tier-2 licenses. According to ForexBrokers.com, iFOREX holds a Trust Score of 75, indicating an average risk level, while GBE brokers have a slightly lower Trust Score of 71. This places both within the average risk category, as defined by ForexBrokers.com.

For traders seeking an online broker, understanding these Trust Scores and regulatory factors can be essential in making an informed choice. While both iFOREX and GBE brokers are trusted at a similar level by ForexBrokers.com, iFOREX's longer presence in the industry might appeal to those looking for more established market players. However, the decision ultimately rests on understanding your own comfort with the level of risk and your specific trading needs.

Feature iFOREX logoiFOREX
GBE brokers logoGBE brokers
Year Founded info 1996 2013
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 1 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

Comparing commissions and fees, iFOREX vs GBE brokers is straightforward even though average spread data isn’t available for either. According to ForexBrokers.com, iFOREX is rated 3 out of 5 stars and ranks #62 out of 63 brokers for Commissions and Fees, while GBE brokers earns 4 out of 5 stars and ranks #38 out of 63.

In simple terms, those independent scores suggest GBE brokers offers more competitive overall pricing than iFOREX. With no average spreads to review side by side, the star ratings and rankings are the clearest indicators that traders may face lower costs at GBE brokers than at iFOREX.

Before deciding, look at the full cost picture beyond spreads: any per‑trade commissions, overnight financing (swap) rates, currency conversion charges, and account, deposit, or withdrawal fees. Since average spread data isn’t available for either broker, confirm current fees on each broker’s website or with support to understand your likely all‑in costs.

Feature iFOREX logoiFOREX
GBE brokers logoGBE brokers
Minimum Deposit info $100 $1000
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 Yes
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 iFOREX vs. GBE Brokers for range of investments: both let you trade forex as CFDs or spot. iFOREX offers a larger selection overall, with 750 tradable symbols and 88 forex pairs, while GBE Brokers lists about 500 symbols and 71 pairs. Neither broker lets you buy real, exchange-traded shares on U.S. or international stock exchanges.

Feature-wise, GBE Brokers supports copy trading, while iFOREX does not. For crypto, both brokers offer cryptocurrency derivatives but not actual coins. For Range of Investments, both are rated 3.5 out of 5 stars. According to ForexBrokers.com, iFOREX ranks #42 out of 63 brokers, and GBE Brokers ranks #45. If you want more markets to choose from, iFOREX edges ahead; if copy trading matters, GBE Brokers may fit better.

Feature iFOREX logoiFOREX
GBE brokers logoGBE brokers
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 750 500
Forex Pairs (Total) info 88 71
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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

Comparing iFOREX and GBE brokers on trading platforms and tools: iFOREX runs its own in-house, web-based platform, but it doesn’t offer a Windows desktop download, MetaTrader 4 (MT4) or MetaTrader 5 (MT5), copy trading, or a free demo account for paper trading. GBE brokers doesn’t have a proprietary platform, yet it supports MT4 and MT5 with a Windows desktop app and a web platform, includes copy trading, and provides a free virtual demo account. Both brokers let you place trades directly from charts, and neither supports DupliTrade or ZuluTrade.

For charting and workspace tools, iFOREX lists about 25 drawing tools and nine watch list columns, while GBE brokers offers about 15 drawing tools and seven watch list columns; the exact number of built-in technical indicators isn’t specified for either. In ForexBrokers.com’s Trading Platforms and Tools category, both earn 4 out of 5 stars, with iFOREX ranked #55 of 63 and GBE brokers ranked #58 of 63. Pick iFOREX if you want an in-house web platform with more drawing tools, or choose GBE brokers if you prefer MT4/MT5, a Windows desktop app, copy trading, and a free demo account.

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

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

Forex trading apps

iFOREX and GBE brokers both offer mobile trading apps for iPhone and Android. Each is rated 4 out of 5 stars for Mobile Trading Apps by ForexBrokers.com, with iFOREX ranked 56th out of 63 and GBE brokers 58th. Neither app syncs watchlist symbols between the mobile app and your online account.

Feature-wise, GBE brokers leans into charting and alerts: it provides 30 technical studies, lets you draw trendlines, switch among multiple time frames, auto-save drawings, build a watchlist with real-time quotes, and set price alerts. iFOREX does not include these charting tools, price alerts, or real-time quote watchlists in its app, and chart studies are not available. Pick GBE brokers if you want more on-chart analysis and notifications on your phone; choose iFOREX if you prefer a simpler experience.

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

Dive deeper: Best Forex Trading Apps.

Market research

iFOREX and GBE Brokers both provide daily market commentary, a sentiment tool that shows long/short positioning, and an economic calendar. Neither broker streams headline forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, and neither offers Autochartist. iFOREX stands out by adding Trading Central research tools, while GBE Brokers does not. Partnerships with TipRanks or Acuity Trading are not specified for either broker.

For research quality, iFOREX earns 3.5 stars and ranks 49th out of 63 brokers on ForexBrokers.com, while GBE Brokers scores 3 stars and ranks 63rd. If you value Trading Central insights alongside core tools like sentiment and calendars, iFOREX has the edge; if you only need the basics, both brokers cover those needs.

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

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Comparing iFOREX and GBE Brokers on education for beginners: both fall short of offering a full forex/CFDs education library as defined by having at least 10 pieces of content, and neither hosts monthly client webinars or keeps a searchable archive of past sessions. Both also lack 10 advanced trading videos and an investor dictionary with 50+ terms. The key difference is that iFOREX does provide at least 10 beginner-focused trading videos, while GBE Brokers does not.

If you’re new to trading and want quick, beginner-friendly videos, iFOREX is the better fit. If you’re looking for live classes or recorded webinars, neither broker will meet your needs. Reflecting this, iFOREX is rated 3.5 out of 5 stars for Education and ranks #53 out of 63 brokers on ForexBrokers.com; GBE Brokers is rated 3 stars and ranks #64.

Feature iFOREX logoiFOREX
GBE brokers logoGBE brokers
Education (Forex or CFDs) info No No
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info No 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 iFOREX is better than GBE brokers. iFOREX finished with an overall rank of #52, while GBE brokers finished with an overall rank of #57.

iFOREX is operated by a long-standing company, previously known as Vestle, with regulatory status in a growing number of jurisdictions, offering forex and CFDs through its proprietary platform. The biggest drawback is the lack of markets you can trade with fewer than 200, compared to the best multi asset forex and CFD brokers.

Feature iFOREX logoiFOREX
GBE brokers logoGBE brokers
Overall Rating info 3.5/5 Stars 3.5/5 Stars
Trust Score info 75 71
Range of Investments 3.5/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with iFOREX or GBE brokers?

Both iFOREX and GBE Brokers do not offer the ability to purchase actual delivered cryptocurrencies, but they do provide the option to trade cryptocurrency derivatives.

What funding options does each broker offer?

While both iFOREX and GBE brokers provide similar options for deposit and withdrawal using PayPal, Skrill, Visa or Mastercard, and bank wires, GBE brokers additionally offers ACH or SEPA transfers as a feature, unlike iFOREX.




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 iFOREX GBE brokers
Overall Rating info 3.5/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 3/5 Stars 3/5 Stars
Trust Score info 75 71
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Review
Broker Screenshots iFOREX GBE brokers
Broker Gallery (click to expand) info
Regulation iFOREX GBE brokers
Trust Score info 75 71
Year Founded info 1996 2013
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 1 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) iFOREX GBE brokers
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No 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 No
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) iFOREX GBE brokers
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 iFOREX GBE brokers
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 750 500
Forex Pairs (Total) info 88 71
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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 iFOREX GBE brokers
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 No No
Execution: Market Maker info Yes Yes
Funding iFOREX GBE brokers
Minimum Deposit info $100 $1000
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 Yes
Trading Platforms iFOREX GBE brokers
Proprietary Platform info Yes No
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools iFOREX GBE brokers
Virtual Trading (Demo) info No Yes
Alerts - Basic Fields info No Yes
Watchlists - Total Fields info 9 7
Charting - Indicators / Studies (Total) info 57 30
Charting - Drawing Tools (Total) info 25 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info No Yes
Mobile Trading iFOREX GBE brokers
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info No Yes
Mobile Watchlist info No Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info N/A 30
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Multiple Time Frames info No Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Economic Calendar info No Yes
Research iFOREX GBE brokers
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No No
Autochartist info No No
Trading Central (Recognia) info Yes No
TipRanks info
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education iFOREX GBE brokers
Education (Forex or CFDs) info No No
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info No No
Investor Dictionary (Glossary) info No No
Major Forex Pairs iFOREX GBE brokers
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 iFOREX GBE brokers
Overall Rating info 3.5/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 3/5 Stars 3/5 Stars
Trust Score info 75 71
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