Written by ForexBrokers.com
In this head to head comparison of Trading 212 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.
Trading 212, established in 2004, and iFOREX, founded in 1996, are both non-publicly traded, non-bank online brokers. When it comes to regulation, Trading 212 holds three Tier-1 licenses, earning a trust score of 80 from ForexBrokers.com, which places it in the trusted category. On the other hand, iFOREX has one Tier-1 license, with a trust score of 75, categorizing it as average risk. These scores suggest a strong regulatory framework for Trading 212 compared to iFOREX's more modest setup.
Neither of these brokers holds any Tier-2 licenses, which are essential for being regarded as trusted by ForexBrokers.com. Despite their long-standing presence in the industry, regulatory differences are significant factors to consider for potential investors looking for secure and trustworthy trading platforms. Trading 212's higher trust score and more substantial regulatory licenses might appeal to those prioritizing a regulated trading environment.
| Feature |
Trading 212
|
iFOREX
|
|---|---|---|
| Year Founded | 2004 | 1996 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Comparing commissions and fees, Trading 212 and iFOREX take different approaches. Trading 212 offers two account types—Invest for shares and CFD for leveraged products. This comparison focuses on the CFD account, which has a €10 minimum deposit (the Invest account requires just €1). While Trading 212 advertises zero-commission trading, you still pay the spread on CFD and forex trades.
Trading 212 also publishes average spread data, helping you estimate real trading costs. In April 2025, its average spread on EUR/USD was 2.7 pips, which is higher than the industry average and makes it pricier than many leading CFD and forex brokers. By contrast, iFOREX does not provide average spread data, making it harder to gauge typical costs.
Ratings and rankings reflect these differences: Trading 212 is rated 4 out of 5 stars for commissions and fees and ranks #50 out of 63 brokers at ForexBrokers.com. iFOREX earns 3 out of 5 stars and ranks #62 out of 63. In short, Trading 212 offers more transparency but with wider published spreads, while iFOREX lacks published averages, leaving its day-to-day costs less clear.
| Feature |
Trading 212
|
iFOREX
|
|---|---|---|
| Minimum Deposit | €1 | $100 |
| Average spread (EUR/USD) - Standard account | 2.7 | N/A |
| All-in Cost EUR/USD - Active | 2.7 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Trading 212 offers far more to trade than iFOREX: 7,868 tradeable symbols versus 750. For currency fans, Trading 212 lists 146 forex pairs, while iFOREX has 88. Both brokers support forex trading as CFDs or spot, and both offer cryptocurrency CFDs; neither lets you buy actual crypto. Copy trading isn’t available on either platform.
If you want real stock ownership, Trading 212 is the clear pick. You can buy exchange-traded shares on U.S. and international markets (for example, Apple on NASDAQ and Vodafone in London), while iFOREX does not offer exchange-traded stocks. Matching this wider lineup, ForexBrokers.com rates Trading 212 5 stars for Range of Investments and ranks it 16th out of 63 brokers; iFOREX is rated 3.5 stars and ranks 42nd. Choose Trading 212 for broader market access and stock investing, or iFOREX if you only need a leaner CFD selection.
| Feature |
Trading 212
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7868 | 750 |
| Forex Pairs (Total) | 146 | 88 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | 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.
Trading 212 vs iFOREX: both brokers offer proprietary, web-based trading platforms with the ability to place orders directly from charts. Neither supports MetaTrader 4 (MT4) or MetaTrader 5 (MT5), and copy trading isn’t available on either platform. A key difference is practice access—Trading 212 provides free paper trading via a virtual demo account, while iFOREX does not. Neither broker offers a Windows desktop download.
For Trading Platforms and Tools, both earn 4 out of 5 stars, yet their standings differ: Trading 212 is ranked #20 of 63 brokers by ForexBrokers.com, while iFOREX is #55. Indicator counts and watchlist column details aren’t specified for either, so hands-on testing matters—especially easy to do on Trading 212 thanks to its demo account.
| Feature |
Trading 212
|
iFOREX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | No |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 54 | 57 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Trading 212 and iFOREX both offer iPhone and Android apps and each earns 4 out of 5 stars for mobile trading. The big differences show up in features. Trading 212 includes price alerts, watchlist syncing with your web account, and deep charting with 104 technical studies. You can draw trendlines in the app, and your drawings auto-save. iFOREX, by contrast, does not offer price alerts or watchlist syncing, does not support trendline drawing or auto-saving chart annotations, and its number of technical studies is not listed.
If you care about chart tools and staying on top of moves with alerts, Trading 212 stands out. That likely explains why, out of 63 brokers ranked by ForexBrokers.com for Mobile Trading Apps, Trading 212 places #17 while iFOREX sits at #56. iFOREX may suit basic on-the-go trading, but Trading 212 is better for active users who want alerts, syncing, and richer charting on mobile.
| Feature |
Trading 212
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Comparing market research at Trading 212 and iFOREX shows different strengths. iFOREX publishes daily market commentary, while Trading 212 does not. Trading 212 delivers forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones; iFOREX does not. Neither broker offers Autochartist tools. iFOREX includes Trading Central analytics, which Trading 212 lacks. Both brokers provide a sentiment tool and an economic calendar. Trading 212 does not offer research from TipRanks or Acuity Trading; for iFOREX, TipRanks and Acuity integrations are not specified.
Both brokers earn 3.5 out of 5 stars for Research from ForexBrokers.com. Trading 212 ranks #45 of 63 brokers for Research, while iFOREX ranks #49. Choose Trading 212 if you want premium news feeds alongside sentiment and a calendar. Pick iFOREX if daily commentary and Trading Central analysis matter more to you, with the same access to sentiment data and an economic calendar.
| Feature |
Trading 212
|
iFOREX
|
|---|---|---|
| Daily Market Commentary (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing online brokers, both Trading 212 and iFOREX offer a strong starting point with at least ten beginner-focused trading videos. That said, neither broker runs monthly educational webinars, so traders who prefer live sessions won’t find them here.
The big difference is in advanced content: Trading 212 provides ten or more advanced videos, while iFOREX does not. Although both earn 3.5 out of 5 stars for Education, ForexBrokers.com ranks Trading 212 much higher (#21 of 63) than iFOREX (#53 of 63). If you want a deeper video library as you progress, Trading 212 is likely the better fit; if you only need beginner videos, either broker can work.
| Feature |
Trading 212
|
iFOREX
|
|---|---|---|
| Webinars | No | 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 Trading 212 is better than iFOREX. Trading 212 finished with an overall rank of #31, while iFOREX finished with an overall rank of #52.
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
| Feature |
Trading 212
|
iFOREX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 80 | 75 |
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| Research |
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When comparing online brokers Trading 212 and iFOREX, neither supports buying actual (delivered) cryptocurrencies, but both offer trading in cryptocurrency CFDs.
Compared with iFOREX, Trading 212 supports ACH/SEPA transfers, PayPal, and bank wire deposits and withdrawals (but not Skrill), while iFOREX does not support ACH/SEPA and its availability of PayPal, Skrill, bank wires, or Visa/Mastercard was 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 | Trading 212 | iFOREX | |
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| Trust Score | 80 | 75 | |
| Winner | check_circle | ||
| Review | Trading 212 Review |
| Broker Screenshots | Trading 212 | iFOREX | |
|---|---|---|---|
| Broker Gallery (click to expand) |
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| Regulation | Trading 212 | iFOREX | |
|---|---|---|---|
| Trust Score | 80 | 75 | |
| Year Founded | 2004 | 1996 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Trading 212 | 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) | Trading 212 | iFOREX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Trading 212 | iFOREX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7868 | 750 | |
| Forex Pairs (Total) | 146 | 88 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | 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 | Trading 212 | iFOREX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 2.7 | N/A | |
| All-in Cost EUR/USD - Active | 2.7 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Trading 212 | iFOREX | |
|---|---|---|---|
| Minimum Deposit | €1 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Trading 212 | iFOREX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | Trading 212 | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 54 | 57 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Trading 212 | 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 | 104 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Trading 212 | iFOREX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | No | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Trading 212 | iFOREX | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Trading 212 | iFOREX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Trading 212 Review |
| Overall | Trading 212 | iFOREX | |
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| Education |
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| Trust Score | 80 | 75 | |
| Winner | check_circle | ||
| Review | Trading 212 Review |
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