 Traders from US not accepted |
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 |
|
|
|
|
| More Comparisons |
|
iFOREX vs |
IIFL vs |
Traders from US not accepted