iFOREX vs IIFL

iFOREX vs IIFL Comparison Table 2022
iFOREX IIFL
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
iFOREX is a multi-regulated forex & CFD broker with millions of clients worldwide IIFL is one of the top Indian brokers offering competitive Demat accounts with low fees.
Bonus
None Gift vouchers worth up to ₹5000
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs Stocks, Futures, Options, Forex
Demo Account
Yes No
Minimum Deposit
$100 1000 Rs
Payment Methods
Cashu, Diners Club, Neteller, PayPal, Skrill Cheque, Wire Transfer
Minimum Trade
0.01 lots
Regulator
CySEC, FCA, BVI SEBI
Margin Trading
No Yes
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No Yes
AI / Machine Learning
- No
Robo Advisor
- No
Negative Balance Protection
- No
Market Maker
- No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes IIFL Markets & IIFL Mutual Funds
Auto Trading
- -
Trade Signals
Yes -
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
- INR
CFD
iFOREX offers hundreds of CFDs on FX, indices, shares, commodities, and cryptocurrencies CFD trading not offered
Leverage
1:30
FTSE Spread
2.4
GBPUSD Spread
2.8
Oil Spread
5.4 pips
Stocks Spread
Variable
Forex
iFOREX offers trading on approaching 100 currencies from around the world IIFL offers forex trading on a range of pairs with the Indian Rupee (INR).
GBPUSD Spread
1.8 Not offered
EURUSD Spread
1.8 Not offered
EURGBP Spread
2.8 Not offered
Assets
90 20+
Cryptocurrency
iFOREX offers trading on popular cryptocurrency coins Crypto trading not offered
Spread
Variable
Coins
BTC, LTC, ETH, XRP, EOS, XMR, DASH
Crypto Lending
No No
Crypto Mining
- No
Crypto Staking
- -
Auto Market Maker
- No
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