Mullvad vs IVPN
The two strictest no-account VPNs. Both take cash and Monero, publish all app code and run RAM-only servers. The differences are price model, refunds and port forwarding.

Where they differ most
Renews at
- Mullvad
- €5.00 per month
- IVPN
- $60.00 per year (not on pricing page)
Cheapest plan, paid upfront
- Mullvad
- €60.00 for 12 mo (€5.00/mo)
- IVPN
- $60.00 for 12 mo ($5.00/mo)
Owner
- Mullvad
- Amagicom AB
- IVPN
- IVPN Limited
Port forwarding
- Mullvad
- NoNo
- IVPN
- YesYes
Latest audit
- Mullvad
- Assured Security Consultants, 2026 (apps)
- IVPN
- Cure53, 2025 (security)
Operator based in
- Mullvad
- Sweden
- IVPN
- Gibraltar
Which one to pick
Pick Mullvad if
- You want to pay month by month at one flat price (€5)
- You're fine with a 14-day refund window
Pick IVPN if
- You want port forwarding
- You want a 30-day refund window
- You prefer paying in US dollars
Every fact, side by side
Open a row to see notes and sources. Highlighted rows differ.