Written by ForexBrokers.com
In this head to head comparison of Admirals 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 Admirals and iFOREX, it's important to consider their regulatory credentials and trustworthiness. Admirals, established in 2001, holds a high Trust Score of 93 out of 99 from ForexBrokers.com, indicating it is highly trusted. Admirals is not publicly traded nor a bank, yet it stands out with four Tier-1 and three Tier-2 licenses, enhancing its credibility and reliability among investors.
On the other hand, iFOREX, founded in 1996, has a Trust Score of 75, suggesting it carries an average risk level. Like Admirals, iFOREX is neither publicly traded nor a bank. However, it holds only one Tier-1 license and no Tier-2 licenses, which may impact its trust perception compared to Admirals. These factors collectively shape the image and reliability of each broker for potential clients making investment decisions.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Year Founded | 2001 | 1996 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees between Admirals and iFOREX, Admirals stands out with competitive pricing. Admirals offers a typical spread of 0.8 pips on its Trade account, with similar pricing on the Zero account type, providing traders with cost-effective options. In contrast, iFOREX does not provide average spread data, making it challenging to predict the potential costs associated with trading on its platform.
Admirals garners a commendable 4.5-star rating out of five for its commissions and fees, reflecting its favorable pricing structure. Among 62 brokers, it is ranked #17 by ForexBrokers.com in the Commissions and Fees category, highlighting its strong market position and the value offered to its clients.
On the other hand, iFOREX receives a lower rating of 3 stars out of five for its commissions and fees. It ranks #60 out of 62 brokers in the same category on ForexBrokers.com. This suggests that iFOREX may not be the most cost-effective choice for traders seeking transparency in pricing and lower trading costs.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 0.8 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Admirals and iFOREX are two online brokers that offer a wide range of investment options to traders. Admirals provides a more extensive selection, with 8,702 tradeable symbols, including 82 forex pairs. In contrast, iFOREX offers 750 tradeable symbols, featuring a slightly higher count of 88 forex pairs. Both brokers support forex trading as CFDs or spot contracts. However, Admirals stands out by allowing clients to invest in exchange-traded securities on both U.S. and international exchanges, unlike iFOREX, which does not offer these options. Additionally, Admirals offers copy trading services, an opportunity not available through iFOREX. Both brokers do provide cryptocurrency derivatives but do not support the purchase of actual cryptocurrencies.
For those evaluating the breadth of investment opportunities, Admirals received a higher rating of 4.5 out of 5 stars for its range of investments, compared to iFOREX’s 3.5 stars. According to ForexBrokers.com, Admirals is ranked #19 in the Range of Investments category among 62 brokers, whereas iFOREX holds the #41 position. This highlights Admirals as a more versatile option for those looking to diversify their trading portfolios across a more comprehensive array of markets and investment products.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 750 |
| Forex Pairs (Total) | 82 | 88 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
When comparing the trading platforms and tools of Admirals and iFOREX, each broker offers distinctive features that cater to a range of trading needs. Admirals provides traders with a comprehensive experience by offering a proprietary platform, as well as popular MetaTrader 4 and 5 platforms, which are not available with iFOREX. Traders at Admirals can also enjoy a free virtual demo account for risk-free practice, a valuable feature not offered by iFOREX. Admirals supports a Windows-based desktop platform alongside its web-based option, while iFOREX only provides a web-based platform. Additionally, Admirals enhances trading flexibility through options like copy trading, which iFOREX lacks.
Both Admirals and iFOREX allow trading directly from stock charts, but admirers of in-depth chart analysis might lean towards Admirals. Admiral's 106 drawing tools far exceed iFOREX's 25, offering more opportunities for personalized technical analysis. While iFOREX allows for a slightly more customizable watch list with nine fields compared to Admirals' seven, Admirals ultimately ranks higher in ForexBrokers.com's standings for trading platforms and tools at #19, over iFOREX's #54. Despite both receiving a four-star rating for their platforms, Admirals' additional features and enhanced compatibility make it a more versatile option for diverse trading strategies.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 57 |
| Charting - Drawing Tools (Total) | 106 | 25 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 9 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When considering mobile trading apps, both Admirals and iFOREX have iPhone and Android apps available, making them accessible to a wide audience. Admirals stands out with several features tailored for more engaged traders. The app allows users to set stock and forex price alerts, providing timely updates directly to the user's device. Admirals also supports drawing trendlines on charts and viewing multiple time frames such as daily or weekly, enhancements that cater to technical analysis. In terms of customization, Admirals users can create watchlists with real-time quotes although both platforms lack watchlist symbol syncing across devices. Admirals offers a richer charting experience with 30 technical studies, which is noteworthy since iFOREX does not specify the availability of technical studies. Additionally, Admirals' app saves drawings on charts automatically, providing a seamless user experience.
Both mobile trading apps share a four-star rating; however, Admirals is ranked significantly higher for its mobile trading app use, securing the 23rd position among 62 brokers reviewed by ForexBrokers.com, compared to iFOREX's 55th place. This suggests that Admirals offers a more comprehensive package for those seeking a feature-rich trading app. Whether you're crafting trendlines or managing watchlists with real-time data, Admirals seems to provide more tools for those wanting to delve deeper into mobile trading.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | No |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
When it comes to market research features, Admirals and iFOREX both provide daily market commentary and offer tools from Trading Central, including Technical Analytics, to aid their users. Admirals stands out by providing forex news from top-tier sources like Bloomberg and Reuters, a sentiment-based trading tool, and research from TipRanks. In contrast, iFOREX lacks access to top-tier forex news and insights from TipRanks. Both brokers include an economic calendar that keeps traders informed of global financial events. Notably, Admirals also offers tools from Acuity Trading, unlike iFOREX.
Admirals garners a higher research rating compared to iFOREX, with a score of 4 stars to iFOREX's 3.5 stars, demonstrating a stronger commitment to comprehensive market analysis. Furthermore, in the ForexBrokers.com research rankings, Admirals places 15th out of 62 brokers, significantly outperforming iFOREX, which ranks 48th. This indicates that Admirals is preferred for those seeking a more extensive and reliable suite of market research tools and insights.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to the educational resources available for beginners, Admirals provides a comprehensive range of materials, making it an attractive option for new traders. They offer over ten educational pieces such as articles, videos, and archived webinars focused on forex and CFDs. Admirals also host monthly online webinars and maintain a searchable archive of recorded sessions, making it easy for users to revisit past lessons. Their educational content includes more than ten videos specifically designed for beginners, as well as an investor dictionary with over 50 trading term definitions. Admirals receives a commendable 4-star rating for education and ranks 12th among 62 brokers in the Education category on ForexBrokers.com.
iFOREX, while still offering some educational support, falls short in comparison. Although they do provide over ten beginner-friendly educational videos, iFOREX lacks the same volume of comprehensive educational material found with Admirals. They do not offer online educational webinars or a searchable archive of previous sessions, which might limit learning opportunities for beginners interested in ongoing engagement. Additionally, they do not have an investor dictionary with a wide range of definitions, which can be a valuable resource for anyone new to trading. iFOREX is rated 3.5 stars for education and holds the 53rd spot in the same ForexBrokers.com ranking, indicating there is room for improvement in their educational offerings.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Admirals is better than iFOREX. Admirals finished with an overall rank of #18, while iFOREX finished with an overall rank of #52.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
| Feature |
Admirals
|
iFOREX
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 75 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both Admirals and iFOREX do not allow you to buy actual delivered cryptocurrencies, but they do offer the ability to trade cryptocurrency derivatives.
When comparing online brokers, Admirals stands out by offering a wider range of deposit and withdrawal options including ACH and SEPA transfers which iFOREX does not provide, although both brokers support PayPal, Skrill, Visa or Mastercard, and bank wire transactions.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Admirals | iFOREX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 75 | |
| Winner | check_circle | ||
| Review | Admirals Review |
| Broker Screenshots | Admirals | iFOREX | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | Admirals | iFOREX | |
|---|---|---|---|
| Trust Score | 93 | 75 | |
| Year Founded | 2001 | 1996 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Admirals | iFOREX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| 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) | Admirals | iFOREX | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | iFOREX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 750 | |
| Forex Pairs (Total) | 82 | 88 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | Admirals | iFOREX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | iFOREX | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Admirals | iFOREX | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Admirals | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 7 | 9 | |
| Charting - Indicators / Studies (Total) | 30 | 57 | |
| Charting - Drawing Tools (Total) | 106 | 25 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Admirals | iFOREX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | No | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | Admirals | iFOREX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | iFOREX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Admirals | iFOREX | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Admirals Review |
| Overall | Admirals | iFOREX | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 75 | |
| Winner | check_circle | ||
| Review | Admirals Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill