Exness Vs. iFOREX Europe - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 74-89% of retail CFD accounts lose money.	Visit 89.13% of retail CFD accounts lose money.
Overview
Exness is a Cypriot broker founded in 2008 that specialises on currencies trading via MT4 & 5 along with their proprietary Exness Trader platform.	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
Low volume traders looking to take advantage of their low sized account offerings Off-shore traders looking for high leverage factors High volume traders looking for their professional accounts (assuming they are satisfied with their available assets)	Beginner traders with little to no experience looking to test a simple platform
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 6 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
FSA (Seychelles) CBCS (Curaçao) FSC (British Virgin Islands) FSC (Mauritius) FSCA (South Africa) CySec (Cyprus) FCA (UK)	CySec (Cyprus)
The Good
Competitive spreads depending on the account type Low entry barrier for new traders No minimum deposit on standard accounts	Extremely simple platform designed for beginners with little needs
The Bad
Most Exness' the financial licenses are from off-shore locations Very low asset offering with less than 200 instruments Despite using TradingView charts, multi-charts layout or fullscreen are not possible	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 document (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
2008	2018
💳 Minimum Deposit Range
From 0 to $3,000	$200
💰 Payment Methods
Credit Card Debit Card Neteller Skrill USDT (Tether) Bank Transfer BTC (Bitcoin) Perfect Money SticPay USDC (USD Coin)	Bank Transfer Credit Card Debit Card
💵 Account Base Currencies
1 - USD	1 - EUR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US, CA, SY, IR, JP.
📊 STP Account
No	Yes
📊 DMA Account
No	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
243	584
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
100	400
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
100	50
📗 Commodities
0	0
📗 Commodities CFDs
7	19
📕 Indices
0	0
📕 Indices CFDs
10	32
📔 ETFs
0	0
📔 ETFs CFDs
0	42
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
26	41
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	$2,500 in trade value
📉 Minimum ETFs Trade Size
Unavailable	$2,500 in trade value
📈 Minimum Crypto Trade Size
0.01 Lots ($1,000)	$2,500 in trade value
📉 Minimum FX Trade Size
0.01 Lots ($1,000)	$2,500 in trade value
📈 Minimum Commodities Trade Size
0.01 Lots ($1,000)	$2,500 in trade value
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
2000	500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	No
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
None	iFOREX Europe charges an inactivity fee of $15 for every quarter of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	No for credit cards but yes for bank wires (up to $20).
💰 Commissions
Commissions vary as follows: No comissions on Standard account No comissions on Standard Cent account $3.5 per lot side on Raw Spread account $0.2 per lot side on Zero account No commission on Pro account	None
Spreads
📈 EUR/USD
1 Pip	Dynamic - From 0.7 Pips
📉 SP500
From 200 pips	Dynamic - From 90 Pips
📈 GOLD
From 20 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
From $0.10	Dynamic - From $3
📈 XLK (ETF - CFD)
Unavailable	Dynamic - From 30 Pips
📉 BTC
From $20	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
📡 Educational Content
No	No
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
No	Yes
📡 Webinars
No	Yes