Written by ForexBrokers.com
In this head to head comparison of Vantage vs iFOREX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Vantage and iFOREX are well-known online brokers, yet they present distinct profiles when it comes to trust and regulatory standing. Vantage, established in 2009, holds a Trust Score of 90 from ForexBrokers.com, categorizing it as highly trusted. This strong rating is backed by two Tier-1 licenses and one Tier-2 license, underscoring its commitment to regulatory compliance. In contrast, iFOREX, founded in 1996, has a Trust Score of 75, placing it in the average risk category. This is due in part to holding only one Tier-1 license and lacking any Tier-2 licenses. Both brokers are privately held and are not banks, maintaining a focus on providing trading services rather than traditional banking activities.
| Feature |
Vantage
|
iFOREX
|
|---|---|---|
| Year Founded | 2009 | 1996 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When comparing commissions and fees, Vantage is easier to evaluate than iFOREX. Vantage earns 4.5 out of 5 stars and ranks #20 out of 63 brokers for Commissions and Fees at ForexBrokers.com, while iFOREX scores 3 out of 5 stars and ranks #62 out of 63. iFOREX does not publish average spread data, which makes its trading costs harder to gauge. Vantage’s pricing is generally around the industry average and doesn’t beat top pricing names like Saxo, IG, or CMC Markets, but it provides clear details across its account types.
Vantage offers three accounts. The Standard STP account is spread-only, with typical EUR/USD spreads of 1.30 pips (March 2023). The RAW ECN account averages 0.15 pips plus a $3 commission per side ($6 round turn), for an all-in cost of about 0.75 pips. The PRO ECN account lowers the commission to $2 per side ($4 round turn) and is Vantage’s best-priced option, though eligibility varies by region; for example, Australia may require wholesale-client status, and the Cayman Islands entity requires a $10,000 minimum deposit.
Active traders at Vantage can get rebates of $2 to $8 per standard lot, based on balance and monthly volume, but this program only applies to the Standard account—which already has the highest spreads. Bottom line: Vantage gives cost-conscious traders clear, competitive choices—especially if you qualify for the PRO ECN—while iFOREX’s lack of average spread data limits cost transparency. Ratings and rankings: Vantage 4.5/5 stars (#20/63); iFOREX 3/5 stars (#62/63).
| Feature |
Vantage
|
iFOREX
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average spread (EUR/USD) - Standard account | 1.30 | N/A |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Vantage and iFOREX both support forex trading via CFDs or spot, and each offers crypto CFDs (but not real, delivered crypto). Vantage lists more total instruments overall with 1,000 tradeable symbols, while iFOREX offers 750. For currency traders, iFOREX has the edge with 88 forex pairs compared with Vantage’s 61. Neither broker provides access to exchange-traded shares on U.S. or international stock exchanges, so buying actual stocks like Apple or Vodafone isn’t available.
Looking at extras, Vantage offers copy trading, whereas iFOREX does not. Both earn 3.5 out of 5 stars for Range of Investments, but iFOREX ranks higher in this category (#42 of 63) than Vantage (#51 of 63). In short: pick Vantage if you want more total symbols and copy trading, or choose iFOREX if you want a wider selection of forex pairs.
| Feature |
Vantage
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 750 |
| Forex Pairs (Total) | 61 | 88 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | 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.
Comparing Vantage vs iFOREX for trading platforms and tools: both brokers offer their own in-house platform and a web-based platform, and both let you place trades directly from charts. Vantage adds more ways to trade with Windows desktop software, MetaTrader 4 (MT4), MetaTrader 5 (MT5), copy trading, and a free demo (paper) account—features iFOREX does not provide. Details on the number of technical indicators and watch list fields aren’t specified for either broker.
For overall quality, both are rated 4 out of 5 stars for Trading Platforms and Tools, yet Vantage ranks higher at #21 out of 63 brokers on ForexBrokers.com, while iFOREX sits at #55. In short, Vantage suits traders who want MetaTrader, copy trading, desktop access, and a practice account; iFOREX fits those who prefer a straightforward, proprietary web platform without the extra add-ons.
| Feature |
Vantage
|
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) | 30 | 57 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Vantage and iFOREX both offer mobile trading apps for iPhone and Android, and each earns a 4-star rating for mobile trading. However, their standings in ForexBrokers.com’s Mobile Trading Apps category differ: Vantage ranks 29th out of 63 brokers, while iFOREX ranks 56th. If you’re comparing Vantage vs iFOREX for everyday trading on the go, both cover the basics of placing trades and checking markets on your phone.
Feature-wise, Vantage pulls ahead for active chart users. It offers price alerts for stocks and forex, supports 30 chart indicators, lets you draw trendlines, and automatically saves your drawings. iFOREX does not offer price alerts, does not support trendline drawing, and does not auto-save chart annotations; its indicator count is not available. Neither app syncs watchlists with the online account, so changes made on mobile won’t carry over to the web platform. For traders who value alerts and stronger chart tools on mobile, Vantage is the more capable pick; for basic mobile access, both platforms are available on iOS and Android.
| Feature |
Vantage
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Vantage vs iFOREX for market research: Both brokers publish daily market commentary and offer an economic calendar and a sentiment tool. Vantage also streams forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, while iFOREX does not. For analysis tools, Vantage includes Autochartist and Trading Central; iFOREX provides Trading Central but not Autochartist. Vantage does not offer TipRanks or Acuity Trading tools; for iFOREX, the availability of TipRanks or Acuity Trading tools is not specified.
Ratings and rankings: Vantage scores 4 out of 5 stars for Research and ranks #22 of 63 brokers on ForexBrokers.com. iFOREX scores 3.5 out of 5 stars and ranks #49 of 63. Traders who value premium news feeds and a wider set of built-in research tools may prefer Vantage, while iFOREX suits those who want daily commentary, Trading Central insights, a calendar, and sentiment data without the extras.
| Feature |
Vantage
|
iFOREX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | 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.
Choosing between Vantage and iFOREX for forex and CFD education? Both brokers give beginners plenty to watch, with 10+ starter videos that explain key trading basics in plain terms. Vantage goes further with 10+ advanced videos for experienced traders and runs client webinars at least once a month, which can help you ask questions and learn live. iFOREX has beginner videos too, but it lacks a comparable advanced video catalog and does not host regular educational webinars.
On overall quality, Vantage earns 4 stars for Education (ranked #24 out of 63 brokers by ForexBrokers.com), while iFOREX scores 3.5 stars (ranked #53 out of 63). If you want a deeper learning path with ongoing webinars and advanced lessons, Vantage is the stronger pick. If you only need basic video lessons and don’t mind skipping webinars, iFOREX can cover the essentials.
| Feature |
Vantage
|
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 Vantage is better than iFOREX. Vantage finished with an overall rank of #26, while iFOREX finished with an overall rank of #52.
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
| Feature |
Vantage
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iFOREX
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| Trust Score | 90 | 75 |
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Vantage vs iFOREX: neither broker allows you to buy actual (delivered) cryptocurrency, but both offer trading in cryptocurrency CFDs.
Comparing online brokers Vantage and iFOREX: Vantage supports deposits and withdrawals via PayPal, Skrill, and bank wires but not ACH/SEPA, with Visa/Mastercard availability unspecified; iFOREX also does not support ACH/SEPA, while its support for PayPal, Skrill, Visa/Mastercard, and bank wires is unspecified.
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 | Vantage | iFOREX | |
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| Trust Score | 90 | 75 | |
| Winner | check_circle | ||
| Review | Vantage Review |
| Broker Screenshots | Vantage | iFOREX | |
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| Broker Gallery (click to expand) |
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| Regulation | Vantage | iFOREX | |
|---|---|---|---|
| Trust Score | 90 | 75 | |
| Year Founded | 2009 | 1996 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Vantage | iFOREX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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). | No | Yes |
| Tier-2 Licenses (Trusted) | Vantage | iFOREX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| 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 | Vantage | iFOREX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 750 | |
| Forex Pairs (Total) | 61 | 88 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | 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 | Vantage | iFOREX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.30 | N/A | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Vantage | iFOREX | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Vantage | 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 | No | No |
| Trading Tools | Vantage | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 30 | 57 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Vantage | iFOREX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Vantage | iFOREX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | iFOREX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Vantage | iFOREX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Vantage Review |
| Overall | Vantage | iFOREX | |
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| Trust Score | 90 | 75 | |
| Winner | check_circle | ||
| Review | Vantage Review |
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