Written by ForexBrokers.com
In this head to head comparison of XTB 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 online brokers XTB and iFOREX, key regulatory details set them apart. XTB, founded in 2002, is a highly trusted choice in the trading world with a Trust Score of 96 out of 99, as rated by ForexBrokers.com. Notably, XTB is publicly traded, adding a layer of transparency for investors. With two Tier-1 licenses, which are considered highly trusted, and two Tier-2 licenses, XTB reassures traders with its strong regulatory backing. While XTB is not a bank, its credentials suggest a reliable trading platform for users.
On the other hand, iFOREX, established earlier in 1996, holds a Trust Score of 75, indicating an average risk level. Unlike XTB, iFOREX is not publicly traded, which might influence investor confidence differently. It holds one Tier-1 license but lacks Tier-2 licenses, highlighting a difference in regulatory frameworks compared to its competitor. Though neither firm functions as a bank, these nuanced differences can play an essential role for traders when choosing a platform that aligns with their risk tolerance and trust preferences.
| Feature |
XTB
|
iFOREX
|
|---|---|---|
| Year Founded | 2002 | 1996 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 2 | 1 |
Comparing commissions and fees, XTB stands out versus iFOREX. XTB earns 4.5/5 stars and ranks #12 out of 63 brokers for Commissions and Fees on ForexBrokers.com, while iFOREX is rated 3/5 stars and ranks #62/63. In plain terms, XTB generally offers more attractive pricing and clearer cost information.
XTB’s pricing centers on its spread-only Standard account; the commission-based Professional account is reserved for elected professionals in the U.K. and EU and is being phased out. Using Q4 2023 data, the average EUR/USD spread was about 1.0 pip. Minimum deposits start at 250 in your base currency ($250/€250/£250). For smaller trade sizes the Standard account is typically cheaper, and it’s the practical pick for most retail traders. Active traders can qualify for XTB’s Lower Spread Group rebates, returning 5% to 30% of the spread once monthly volumes hit 20 to 1,000 lots. Overall pricing is around the industry average, though not the very lowest.
iFOREX does not publish average spread data, which makes direct, apples-to-apples comparisons difficult. Its lower 3/5 star score and #62/63 ranking in the Commissions and Fees category indicate less competitive pricing and transparency than XTB.
| Feature |
XTB
|
iFOREX
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.00 | N/A |
| All-in Cost EUR/USD - Active | 1.00 | 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.
XTB vs iFOREX: When it comes to the range of investments, XTB offers 7,184 tradeable instruments versus 750 at iFOREX. Both brokers support forex trading (CFD/spot), though iFOREX lists more currency pairs (88) than XTB (71). Each provides access to cryptocurrency trading through CFDs, but neither lets you buy actual crypto. Copy trading isn’t available at either broker.
If you want to buy real shares, XTB stands out by offering exchange-traded securities on both U.S. and international exchanges, so you can purchase stocks like Apple or Vodafone directly. iFOREX doesn’t offer real share dealing. According to ForexBrokers.com, XTB earns 5 stars for Range of Investments and ranks 15th out of 63 brokers, while iFOREX earns 3.5 stars and ranks 42nd.
| Feature |
XTB
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 750 |
| Forex Pairs (Total) | 71 | 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.
XTB and iFOREX both offer proprietary trading platforms and let you place trades directly from charts. XTB provides a free demo account for paper trading, while iFOREX does not. Platform access differs: XTB offers both a Windows desktop download and a web platform, whereas iFOREX is web-only. Neither broker supports copy trading, and neither offers MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The exact counts for built-in technical indicators and watchlist columns are not specified by either broker.
For trading platforms and tools, XTB is rated 4.5 out of 5 stars and ranks #9 out of 63 brokers at ForexBrokers.com, while iFOREX holds 4 stars and ranks #55. If you want a desktop platform and a risk-free demo account to practice, XTB is the stronger choice. If you’re comfortable trading in a browser and don’t require a demo account, iFOREX can still suit straightforward needs.
| Feature |
XTB
|
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) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 39 | 57 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing XTB vs iFOREX for mobile trading, both brokers offer iPhone and Android apps, so you can trade on the go with either. The difference comes down to tools. XTB includes stock and forex price alerts (iFOREX does not), 39 technical studies for charts (iFOREX does not list any), the ability to draw trendlines (iFOREX lacks this), and auto-saving of chart drawings (iFOREX does not save). Watchlist syncing between the mobile app and the online account is not available at either broker.
In independent testing by ForexBrokers.com, XTB’s mobile trading app earned 4.5 stars and ranked #8 out of 63 brokers, while iFOREX received 4 stars and ranked #56. If you want alerts and richer charting with indicators and drawing tools, XTB is the stronger pick. If you just need basic trading access on iOS or Android, both apps cover the essentials.
| Feature |
XTB
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 39 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
XTB vs iFOREX: market research comparison. Both brokers provide daily market commentary, a sentiment tool showing long/short ratios, and an economic calendar. XTB stands out by streaming forex news from top names like Bloomberg, Reuters, or Dow Jones, while iFOREX does not include these feeds. On the flip side, iFOREX offers Trading Central analysis tools, which XTB lacks. Neither broker includes Autochartist. XTB does not offer TipRanks or Acuity Trading tools, and iFOREX’s access to TipRanks or Acuity Trading is not specified.
Based on ForexBrokers.com, XTB earns 5 stars for research and ranks #7 out of 63 brokers, while iFOREX earns 3.5 stars and ranks #49. If you want integrated premium news, XTB is the stronger pick; if you prefer Trading Central’s analytics, iFOREX may suit you.
| Feature |
XTB
|
iFOREX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | 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.
Both XTB and iFOREX provide forex and CFD education with at least ten pieces of content, making them accessible for newcomers. XTB stands out by hosting client webinars at least once a month and offering extensive video lessons for both beginners and experienced traders (10+ in each tier). iFOREX supplies 10+ beginner videos, but it does not run monthly client webinars and lacks a comparable library of advanced videos, which may limit your learning path as you move beyond the basics.
In independent reviews, XTB earns 5 stars for Education and ranks 11th out of 63 brokers at ForexBrokers.com, while iFOREX scores 3.5 stars and ranks 53rd. If you want live coaching and deeper material to grow with you, XTB is the stronger pick; if you mainly want introductory videos, iFOREX can cover the essentials.
| Feature |
XTB
|
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 XTB is better than iFOREX. XTB finished with an overall rank of #7, while iFOREX finished with an overall rank of #52.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
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iFOREX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 75 |
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Comparing XTB vs iFOREX: neither online broker lets you buy actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading.
In an XTB vs iFOREX comparison of deposit and withdrawal methods, XTB supports PayPal, Skrill, and bank wire but not ACH/SEPA (Visa/Mastercard not specified), while iFOREX is listed as not supporting ACH/SEPA and its other funding options are 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 | XTB | iFOREX | |
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| Trust Score | 96 | 75 | |
| Winner | check_circle | ||
| Review | XTB Review |
| Broker Screenshots | XTB | iFOREX | |
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| Broker Gallery (click to expand) |
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| Regulation | XTB | iFOREX | |
|---|---|---|---|
| Trust Score | 96 | 75 | |
| Year Founded | 2002 | 1996 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | XTB | 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) | XTB | iFOREX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | XTB | iFOREX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 750 | |
| Forex Pairs (Total) | 71 | 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 | XTB | iFOREX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.00 | N/A | |
| All-in Cost EUR/USD - Active | 1.00 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | XTB | iFOREX | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | XTB | iFOREX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | XTB | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 39 | 57 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | XTB | 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 | 39 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | XTB | iFOREX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | 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 | XTB | iFOREX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | XTB | iFOREX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | XTB Review |
| Overall | XTB | iFOREX | |
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| Trust Score | 96 | 75 | |
| Winner | check_circle | ||
| Review | XTB Review |
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