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IFC Markets vs iFOREX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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

IFC Markets
4/5 Stars Overall
  • Minimum Deposit: $1
  • Trust Score: 73
  • Tradeable Symbols (Total): 630
iFOREX
3.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 75
  • Tradeable Symbols (Total): 750

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

When comparing IFC Markets and iFOREX, two online brokers established in 2006 and 1996 respectively, it's essential to consider their regulatory backgrounds and trust scores. Neither broker is publicly traded or operates as a bank. IFC Markets boasts a Trust Score rating of 73 out of 99, categorizing it as a broker with an average risk. The firm holds one Tier-2 regulatory license, which suggests a moderately trusted standing in the financial market.

On the other hand, iFOREX has a slightly higher Trust Score of 75, also placing it within the average risk category according to ForexBrokers.com. Notably, iFOREX holds one Tier-1 license, indicating a higher trust level in its operations. While both brokers have their strengths, iFOREX's possession of a Tier-1 license might offer an edge for those prioritizing regulatory compliance and trust in their trading platforms.

Feature IFC Markets logoIFC Markets
iFOREX logoiFOREX
Year Founded info 2006 1996
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 0 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

When it comes to comparing online brokers IFC Markets and iFOREX in terms of commissions and fees, there are noticeable differences that traders should take into account. Both brokers offer competitive fees, but they vary significantly in customer ratings and industry rankings. IFC Markets is rated 4 out of 5 stars for its commissions and fees, reflecting a favorable reception among users. On the other hand, iFOREX receives a 3-star rating, indicating a more moderate level of satisfaction.

While specific average spread data isn't available for either broker, their respective rankings offer some insight. ForexBrokers.com ranks IFC Markets at number 39 out of 62 brokers for commissions and fees. This mid-tier ranking suggests IFC Markets provides reasonable value, albeit not the most competitive options in the industry. Conversely, iFOREX is ranked significantly lower at number 60, suggesting that while they may offer other attractive features, their fees structure is less competitive compared to many other brokers.

In summary, when evaluating commissions and fees alone, IFC Markets emerges as the stronger contender between the two, offering better user satisfaction and a higher industry ranking. Traders considering these brokers should weigh these factors alongside other aspects like features, customer service, and platform usability to make an informed choice.

Feature IFC Markets logoIFC Markets
iFOREX logoiFOREX
Minimum Deposit info $1 $100
Average Spread EUR/USD - Standard info 1.44 info N/A info
All-in Cost EUR/USD - Active info N/A N/A info
Active Trader or VIP Discounts info Yes No
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

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Range of investments

When comparing the range of investments between IFC Markets and iFOREX, each broker offers unique advantages for individual investors. Both platforms provide opportunities for forex trading, allowing clients to engage in CFD or spot contracts. iFOREX boasts 750 tradeable symbols and access to 88 forex pairs, whereas IFC Markets offers 630 tradeable symbols along with 49 forex pairs. While neither broker facilitates trading U.S. exchange-listed securities, IFC Markets provides access to international exchange-traded securities, a feature absent in iFOREX's offerings. Notably, clients looking for copy trading options will find them available with IFC Markets but not with iFOREX.

For those interested in cryptocurrency trading, both IFC Markets and iFOREX enable the purchase of derivatives, although they do not support buying actual cryptocurrencies. Despite different features, both brokers hold a ranking of 3.5 stars for their range of investments. According to ForexBrokers.com, IFC Markets ranks 43rd and iFOREX 41st among 62 brokers for their investment offerings. This suggests that while both platforms have similar ratings, iFOREX slightly edges out IFC Markets in their overall category ranking, emphasizing subtle differences in their investment portfolios.

Feature IFC Markets logoIFC Markets
iFOREX logoiFOREX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 630 750
Forex Pairs (Total) info 49 88
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes No
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).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

When comparing the trading platforms and tools offered by IFC Markets and iFOREX, there are several key differences to consider. IFC Markets provides a free virtual demo account that allows traders to practice without risk, whereas iFOREX does not offer this feature. Both brokers have developed proprietary platforms, but IFC Markets additionally supports MetaTrader 4 and MetaTrader 5, offering more options for seasoned traders. For those preferring a desktop experience, IFC Markets provides a Windows-based platform, which iFOREX lacks. Both platforms excel with web-based trading accessibility, but when it comes to copy trading, only IFC Markets includes this functionality.

In terms of charting tools, iFOREX offers a greater number of drawing tools, totaling 25, compared to IFC Markets' 15 options. Both brokers allow users to trade directly from stock charts, enhancing trading efficiency. Regarding watch list customization, iFOREX edges out with nine fields compared to IFC Markets' seven. Both are reviewed favorably with four stars for their trading platforms and tools, yet IFC Markets is ranked higher by ForexBrokers.com, placing 36th out of 62 brokers, while iFOREX stands at 54th. These factors combined show that IFC Markets may appeal more to those seeking diverse trading platforms and practice opportunities.

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

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

Forex trading apps

When it comes to mobile trading apps, both IFC Markets and iFOREX offer options for iPhone and Android users, making it convenient for traders on the go. IFC Markets stands out by providing stock and forex price alerts, a feature that iFOREX lacks. Additionally, IFC Markets allows users to sync their watchlists between mobile apps and online accounts, offering a seamless experience when accessing your portfolio. If technical analysis is essential for your trading strategy, you'll find IFC Markets even more appealing; it offers 30 technical studies for charting, while iFOREX does not specify any.

Charting capabilities further differentiate these two brokers. With IFC Markets, users can draw trendlines, view multiple time frames, and have their chart drawings auto-saved, all of which are unavailable with iFOREX. Additionally, IFC Markets allows the creation of watchlists with real-time quotes, a feature iFOREX does not offer. Both brokers have been rated 4 stars for their mobile trading apps, but IFC Markets slightly edges out in the rankings, placed at #52 compared to iFOREX's #55, according to ForexBrokers.com. Whether you're looking for features like price alerts or real-time syncing, IFC Markets provides a comprehensive mobile trading experience that caters to more in-depth charting and alert needs.

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

Dive deeper: Best Forex Trading Apps.

Market research

IFC Markets and iFOREX both provide traders with daily market commentary, helping to keep investors informed of the latest market trends and insights. While neither broker offers forex news from top-tier sources like Bloomberg or Reuters, iFOREX stands out by integrating technical analysis tools from Trading Central, giving its users an advantage when it comes to accessing specialized market insights. Both platforms offer sentiment-based trading tools that provide valuable information on market positions, as well as economic calendars that showcase upcoming global economic events.

In terms of market research, IFC Markets and iFOREX share an identical rating of 3.5 out of five stars, highlighting their strengths and areas for potential improvement. However, there's a nuanced difference in their standings among competitors. Within a ranking of 62 brokers by ForexBrokers.com, IFC Markets is placed at #40, whereas iFOREX is ranked at #48. This suggests that while both brokers offer similar quality in their research capabilities, IFC Markets holds a slight edge in terms of overall ranking within the industry.

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

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When comparing the educational resources available for beginners at IFC Markets and iFOREX, there are some distinct differences. IFC Markets provides an extensive catalog of educational materials, offering more than 10 articles, videos, and resources focused on forex and CFDs. Additionally, beginners can access over 10 educational videos that cover trading topics specifically tailored to their level. IFC Markets complements these offerings with an investor dictionary featuring definitions for at least 50 investing terms, which can be a useful tool for newcomers trying to grasp complex financial jargon. However, IFC Markets does not provide live monthly webinars or an archive of recorded sessions, which may limit opportunities for interactive learning.

In contrast, iFOREX also provides beginner educational videos, meeting the minimum of 10 necessary for a substantial introduction to trading. However, it lacks a broader range of educational materials specifically centered on forex and CFDs. iFOREX falls short in offering more advanced educational content geared towards experienced traders, such as advanced educational videos or an investor dictionary. Neither broker hosts regular webinars or maintains an archive of past sessions. Despite the differences in resource offerings, both brokers receive the same education rating of 3.5 out of 5 stars, though IFC Markets ranks higher in educational offerings compared to iFOREX, placing #30 compared to iFOREX's #53 out of 62 brokers according to ForexBrokers.com.

Feature IFC Markets logoIFC Markets
iFOREX logoiFOREX
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 62 of the best forex brokers, our research and account testing finds that IFC Markets is better than iFOREX. IFC Markets finished with an overall rank of #44, while iFOREX finished with an overall rank of #52.

IFC Markets is a well-established broker that has been in operation for 17 years. Forex traders at IFC Markets gain access to multiple trading platforms, a growing range of tradeable markets, and a balanced offering of research and educational content. However, IFC Markets’ Trust Score suffers due to the broker’s limited range of regulatory licenses.

Feature IFC Markets logoIFC Markets
iFOREX logoiFOREX
Overall Rating info 4/5 Stars 3.5/5 Stars
Trust Score info 73 75
Range of Investments 3.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with IFC Markets or iFOREX?

Both IFC Markets and iFOREX provide options for trading cryptocurrency derivatives, although neither platform offers the ability to purchase actual (delivered) cryptocurrency.

What funding options does each broker offer?

While both IFC Markets and iFOREX allow deposits and withdrawals via Visa, Mastercard, and bank wires, only iFOREX provides additional options such as PayPal and Skrill, neither offering ACH or SEPA transfers.

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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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Overall Rating IFC Markets iFOREX
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Range of Investments 3.5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 73 75
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Review
Broker Screenshots IFC Markets iFOREX
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation IFC Markets iFOREX
Trust Score info 73 75
Year Founded info 2006 1996
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No Yes info
Tier-1 Licenses info 0 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) IFC Markets iFOREX
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 No No
United Kingdom (U.K.) (FCA Authorised) info No Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info No Yes info
Tier-2 Licenses (Trusted) IFC Markets iFOREX
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments IFC Markets iFOREX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 630 750
Forex Pairs (Total) info 49 88
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes No
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).
Cost IFC Markets iFOREX
Average Spread EUR/USD - Standard info 1.44 info N/A info
All-in Cost EUR/USD - Active info N/A N/A info
Active Trader or VIP Discounts info Yes No
Inactivity Fee info No No
Execution: Agency Broker info Yes No
Execution: Market Maker info Yes Yes
Funding IFC Markets iFOREX
Minimum Deposit info $1 $100
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms IFC Markets iFOREX
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools IFC Markets iFOREX
Virtual Trading (Demo) info Yes No
Alerts - Basic Fields info Yes No
Watchlists - Total Fields info 7 9
Charting - Indicators / Studies (Total) info 30 57
Charting - Drawing Tools (Total) info 15 25
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading IFC Markets iFOREX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Mobile Watchlist info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes No
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes No
Research IFC Markets iFOREX
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No No
Autochartist info No No
Trading Central (Recognia) info No Yes
TipRanks info No No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education IFC Markets iFOREX
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes No
Major Forex Pairs IFC Markets iFOREX
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 IFC Markets iFOREX
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 3/5 Stars
Range of Investments 3.5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 73 75
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