Updated September 29, 2026 · BrokerCue Editorial Team
iFOREX vs XTB
Where iFOREX and XTB differ
| Compare |  iFOREX |  XTB |
|---|---|---|
| Minimum deposit | $100 | €0 |
| Stock trade fee | $0 | €0 |
| Inactivity fee | $15 | €10 |
| Regulators | CySEC, BVI FSC | Cyprus Securities and Exchange Commission (CySEC), FCA, KNF |
| Retail accounts that lose money | 80% | 77% |
| Deposit and withdrawal fees | No broker deposit fee; $20 EEA wire withdrawal fee may apply | Free deposits; free withdrawals above 100 EUR/USD |
| Platforms | IFOREX App | XStation 5, XStation Mobile |
| Maximum retail leverage | 1:30 EU, 1:400 offshore | 1:30 |
| Account fee | Not confirmed | €0 |
| Currency conversion fee | Not confirmed | 0.5% |
Same on both: Markets (Stocks, ETFs, Forex, CFDs, Crypto), Investor protection (EU ICS up to EUR 20,000).
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Key differences
- XTB scores higher overall: 9.3 vs 9.0.
- Regulators: only iFOREX offers BVI FSC.
- Regulators: only XTB offers FCA, KNF.
- Founded is lower at iFOREX: 1996 vs 2002.
- XTB is licensed in 1 more country.
- Platforms: only iFOREX offers IFOREX App.
- Platforms: only XTB offers XStation 5, XStation Mobile.
- Support channels: only iFOREX offers Help centre.
- Support channels: only XTB offers Email, Chat, Phone.
- Pricing model: only XTB offers Low fees.
Our verdict on each
iFOREX
iFOREX suits European traders who want forex, CFDs, crypto, shares and ETFs in a single commission-free account, and who put regulation and predictable costs above a small opening deposit. The EU entity sits under CySEC, with investor protection of EU ICS up to EUR 20,000 for accounts taken there.
XTB
XTB suits retail traders who want to hold stocks, ETFs, forex, CFDs and crypto under one Cyprus-based account without a monthly charge. The account fee is €0, deposits cost nothing, and CySEC, FCA and KNF authorisations sit behind a legal entity founded in 2002.
Score breakdown
| Area | iFOREX | XTB |
|---|---|---|
| Cost | 8.8Opening deposit of $100 and inactivity charge of $15 sit above the site medians of €4.64 and €0. | 9.1Higher |
| Offer | 8.7 | 9.3Higher |
| Trust | 9.5 | 9.6Higher |
What each covers
| Markets | iFOREX | XTB |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Crypto | Yes | Yes |
Where each is licensed and available
| Country | iFOREX | XTB |
|---|---|---|
| Cyprus | CySEC 143/11 | Cyprus Securities and Exchange Commission (CySEC) MiCA CASP 259400HM2TR4U3LF5D43 |
| Poland | Not confirmed | |
| United Kingdom | Not confirmed | |
| Virgin Islands, British | Not confirmed |
How they place
| Ranking | iFOREX | XTB |
|---|---|---|
| Stock and ETF brokers | 141 of 471 | 3 of 471 |
| Forex brokers | 61 of 147 | 2 of 147 |
| Low-spread forex brokers | 59 of 145 | 2 of 145 |
| CFD brokers | 51 of 122 | 2 of 122 |
Every fact side by side
| Fact | iFOREX | XTB |
|---|---|---|
| Features | Crypto, Demo account, Mobile app | Demo account, Mobile app, Crypto |
| Pricing model | Commission free | Commission free, Low feesCovers more |
| Audience | Not confirmed | Beginners |
| Legal entity | iCFD Limited | XTB Limited |
| Headquarters | Not confirmed | Cyprus |
| Founded | 1996Lower | 2002 |
| Support channels | Help centre | Email, Chat, Phone |
Where each stands against the rest
| Fact | iFOREX | XTB | Median |
|---|---|---|---|
| Account fee | Not confirmed | €0at the median | €0 |
| Retail accounts that lose money | 80%highest quarter | 77%highest quarter | 72.05% |
| Currency conversion fee | Not confirmed | 0.5%above the median | 0.45% |
Median across 52 listed brokers.
Pros and cons
iFOREX
Pros
- Stock trade fee of $0, ranking 1 of 161 brands on that cost.
- Regulated by CySEC and BVI FSC, with iCFD Limited as the named EU entity.
- EU investor protection of EU ICS up to EUR 20,000 for accounts taken in the EU.
Cons
- Minimum deposit of $100 ranks 148 of 213, so the entry point is high.
- Support runs on help centre only.
- Inactivity fee of $15 ranks 42 of 56.
XTB
Pros
- Account fee of €0 on the standard account, and stock trades cost €0.
- Minimum deposit of €0, so the account opens without a funding floor.
- Regulated by CySEC, the FCA and KNF across Cyprus, the UK and Poland.
Cons
- An inactivity fee of €10 applies, unlike eToro, which has no such charge.
- Forex and CFD trading is not cost free: fx trading costs 0.5%.
- CFDs carry a high proportion of losing retail accounts, and XTB's own figure is 77%.
Who each suits
iFOREX
Who it suits
- Traders who want stocks, etfs and forex in a single account and can fund $100, while Vantage opens at $5.
- EU clients who prefer CySEC oversight and EU ICS up to EUR 20,000 to the route run by the BVI FSC.
- Savers happy to work from iFOREX App and practise on a demo account first.
Who should look elsewhere
- Small starters: CFI opens at $0 and Vantage at $5, both below iFOREX's $100.
- Broader market seekers: eToro lists stocks, etfs and forex, adding futures to iFOREX's stocks, etfs and forex.
- Traders who want phone or chat support, since support runs on help centre only.
XTB
Who it suits
- Retail traders in the UK and Europe who want stocks, ETFs, forex, CFDs and crypto in one account
- Beginners who want a demo account and a mobile app before committing money
- Cost conscious traders who will not hold a balance large enough to trigger the inactivity fee
Who should look elsewhere
- Vantage, if a small minimum deposit of $5 suits a smaller starting balance better
- CFI, for traders who want forex and CFDs without paying an fx charge of 0.5%
- Anyone who plans to hold an idle balance for a long period, given the inactivity fee of €10
Questions about each
iFOREX
What does it cost to trade a stock?+
The stock trade fee is $0. iFOREX runs a commission free pricing model, so there is no per-trade commission layered on top, and the account covers stocks, etfs and forex. The cost side of the ledger is the deposit and any inactivity charge, not the trade itself.
How much do I need to deposit to open an account?+
The minimum deposit is $100. That puts iFOREX towards the dearer end of the field: it ranks 148 of 213 brands on minimum deposit. CFI opens at $0 and Vantage at $5, so a lighter entry is available elsewhere.
XTB
What does XTB charge to open and hold an account?+
The account fee is €0, so there is no monthly or annual cost to keeping the account open. A stock trade costs €0 on the same account. The only recurring charge to watch is an inactivity fee of €10 for traders whose balance sits idle.
Is there a minimum deposit at XTB?+
The minimum deposit is €0, which means the account can be opened and funded with a small amount. It is a lower floor than the $5 asked by Vantage, so it suits a trader testing the platform before scaling up.
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