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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

Mullvad logoPick Mullvad if

  • You want to pay month by month at one flat price (€5)
  • You're fine with a 14-day refund window
All Mullvad facts

IVPN logoPick IVPN if

  • You want port forwarding
  • You want a 30-day refund window
  • You prefer paying in US dollars
All IVPN facts

Every fact, side by side

Open a row to see notes and sources. Highlighted rows differ.

IVPN logoIVPN
Mullvad logoMullvad

Price

Who you're trusting

Account privacy

Devices

Protocols and features