easyMarkets
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61% of retail CFD accounts lose money.

Vs.

iFOREX Europe
Visit

89.13% of retail CFD accounts lose money.

easyMarkets Vs. iFOREX Europe - Compare and Choose the Right One

Updated Jul 12 2022

Visit

61% of retail CFD accounts lose money.

Visit

89.13% of retail CFD accounts lose money.

Overview

Founded in 2001, easyMarkets offers three types of accounts – VIP, Premium and Standard – with fixed spreads for its Web, App and MT4 platforms.

iFOREX Europe (formerly Vestle) is the Europe brand part of the global iForex Group that specialises in CFD trading and offers over 600 instruments over currencies, commodities, indices, shares, ETFs and cryptocurrencies.

Best For
  • Forex traders who want transparent trades with fixed spreads
  • Traders who want access to higher leverage with its global entities
  • Beginner traders with little to no experience looking to test a simple platform
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

3

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSAS (Seychelles)
  • FSC (British Virgin Islands)
  • ASIC (Australia)
  • CySec (Cyprus)
The Good
  • Low minimum deposit required for standard accounts
  • No fees or commissions
  • Clear trading conditions with fixed spreads
  • Offers free guaranteed stop loss
  • Extremely simple platform designed for beginners with little needs
The Bad
  • Asset offering isn’t that comprehensive
  • There is no possibility of buying real stocks or ETFS
  • Limited trading hours
  • High spreads on all of their instruments
  • Web and mobile platforms are slow and lack tools
  • Their FAQ database doesn’t effectively answer the most common questions any trader could have
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 Day 1 Day
📋 Documents Required
  • Valid identity documents (Passport, ID card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder’s name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2001 2018
💳 Minimum Deposit

$, €, £ 25 for Standard account, 2,000 for premium and 10,000 for VIP 

200 € (But it can change at their discretion)

💰 Payment Methods
  • Visa
  • Mastercard
  • American Express
  • Maestro
  • JCB
  • Skrill
  • Neteller
  • AstroPay
  • Sofort
  • giropay
  • Ideal 
  • Bank transfer
  • BPay
  • Fasapay
  • Sticpay
  • WebMoney
  • bitwallet
  • Perfect Money
  • Bank Wire
  • Credit Card
  • Debit Card
💵 Account Base Currencies

19 - EUR, CAD, CZK, JPY, NZD, USD, SGD, CHF, GBP, MXN, AUD, PLN, TRY, CNY, HKD, NOK, SEK, ZAR, BTC

1 - EUR
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, IL, CA, AF, AI, BI, KY, KY, TD, CD, CG, DM, GQ, FJ, GW, HY, HN, IR, IQ, LA, MZ, MM, NI, KP, PW, PA, SO, SS, SD, SY, TT, TM, VU, VE, YE US, CA, SY, IR, JP.
📊 STP Account
No Yes
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on commodities, forex, stocks, cryptocurrencies and indices.

CFDs on currencies, commodities, indices, shares, ETFs and cryptocurrencies

📙 Stocks
64 400+
📘 Currency Pairs
62 50+
📗 Commodities
17 19
📕 Indices
13 32
📔 ETFs
N/A 42
💸 Cryptocurrencies
17 41
📒 Bonds
N/A N/A
📓 Options
23 N/A
📗 Futures
N/A N/A
📝 Notes:

All of easyMarkets assets are CFDs

All of iFOREX Europe assets are CFDs yet they do provide a “No Leverage” tab with a few assets under 1:1 conditions for traders that do not wish to expose themselves to the risk.

Trading Experience
📈 Minimum Stock Trade Size
Varies per stock (Eg: AMZN 0.05, APPL 0.25) $2,500 in trade value
📉 Minimum ETFs Trade Size
N/A $2,500 in trade value
📈 Minimum Crypto Trade Size
$2,500 (0.025 lots) $2,500 in trade value
📉 Minimum FX Trade Size
Varies per commodity (Eg: $25 for WTI, $75 for XAG) $2,500 in trade value
📈 Minimum Commodities Trade Size
N/A $2,500 in trade value
📉 Minimum Bonds Trade Size
>N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
Varies per option (Eg. 5 XAU for XAU/USD, 5,000 GBP for GBP/USD) N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ Customisable Leverage
Yes, it's possible to adjust it using pre-set levels by EasyMarkets. No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
Yes, for Web and App accounts No
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee
N/A

iFOREX Europe charges an inactivity fee of $15 for every quarter of inactivity.

💰 Deposit Fees
No No
💰 Withdrawal Fees
No

No for credit cards but yes for bank wires (up to $20).

💰 Commissions
No No
Spreads
📈 EUR/USD

Fixed per account (Eg: 1.7 Pips Standard MT4, 1.2 Pips Premium MT4 and 0.7 Pips VIP MT4)

Dynamic - From 0.7 Pips
📉 SP500
Fixed at 150 Pips Dynamic - From 90 Pips
📈 GOLD

Fixed per account (Eg: $0.05 Standard MT4, $0..4 Premium MT4 and $0.03 for VIP MT4)

Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
$13 Dynamic - From $3
📈 XLK (ETF - CFD)
N/A Dynamic - From 30 Pips
📉 BTC

Fixed from $110 for Web/App and $100 for MT4 accounts

Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No