iFOREX — where it wins, where it loses
iFOREX does not currently take a column outright against this field. It loses on tier-1 cover. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
No column where iFOREX takes the field outright.
Loses on
- tier-1 cover
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| Cyprus Securities and Exchange Commission | 143/11 | CY | Tier 2 | entity not examined | cysec.gov.cy |
Checkable
Facts the comparison runs on
On the record
- The iFOREX brand dates its founding to 1996 (own app-store and about-page materials).
- iFOREX: spread as advertised by the firm, 2026-10 (https://www.iforex.eu/trading-conditions/currencies/)
- iFOREX: software as advertised by the firm, 2026-10 (https://www.iforex.eu/platform/)
- iFOREX: leverage as advertised by the firm, 2026-10 (https://www.iforex.eu/trading/withdrawal-deposit-methods/)
| Trading since | not verified |
|---|---|
| Base | not verified |
| Minimum to open | not verified |
| Leverage cap | 1:30 (Cyprus Securities and Exchange Commission) (as advertised by iFOREX, 2026-10 · source) |
| EUR/USD | 1.00 pips (as advertised by iFOREX, 2026-10 · source) |
| Terminals | Proprietary web platform |
| Account tiers | iFOREX Europe CFD account, Demo ($5,000 virtual) |
| Markets | not verified |
| Record confidence | high |
| Matchup-ready | no — too many gaps to run a fair head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- segregatedFunds not verified in own legal text
- negativeBalanceProtection not verified in own legal text
Costs less
Who beats iFOREX on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.