FP Markets Vs. iFOREX Europe - Compare and Choose the Right One


Visit 74.34% of retail CFD accounts lose money.	Visit 89.13% of retail CFD accounts lose money.
Overview
FP Markets is a leading Australian broker with a 10,000+ asset offering accompanied by a great variety of tech options such as deploying your own VPS and accessing ENC / DMA pricing.	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
Professional traders looking for DMA pricing on their stocks Professional traders looking to set up a dedicated VPS High volume share traders that benefit from DMA pricing	Beginner traders with little to no experience looking to test a simple platform
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 2 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
ASIC (Australia) CySec (Cyprus) FSA (St. Vincent and the Grenadines)	CySec (Cyprus)
The Good
Customisable or removable leverage Broad asset offering (10,000 +) Competitive forex commissions	Extremely simple platform designed for beginners with little needs
The Bad
No ETFs are offered Stock trading commissions are expensive when compared to similar brokers Website is slow and confusing Fees for the majority of deposit and withdrawal methods	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
2005	2018
💳 Minimum Deposit
$100	200 € (But it can change at their discretion)
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal Neteller Skrill FasaPay PayTrust China Union Pay Bpay Broker to broker Sticpay Plusdebit Rupee Payments Dragonpay Perfect Money Paylivre Rapyd Finrax Fairpay	Bank Wire Credit Card Debit Card
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.	1 - EUR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, JP, BE, NZ, SY.	US, CA, SY, IR, JP.
📊 STP Account
Yes	Yes
📊 DMA Account
Yes	No
📊 ECN Account
Yes	No
Assets
📚 Available Assets
CFDs on stocks, currencies, commodities, cryptocurrencies and indices	CFDs on currencies, commodities, indices, shares, ETFs and cryptocurrencies
📙 Stocks
10,000 +	400+
📘 Currency Pairs
63	50+
📗 Commodities
15	19
📕 Indices
17	32
📔 ETFs
295	42
💸 Cryptocurrencies
11	41
📒 Bonds
2	N/A
📓 Options
N/A	N/A
📗 Futures
N/A	N/A
📝 Notes:
All FPMarkets 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 by Stock	$2,500 in trade value
📉 Minimum ETFs Trade Size
N/A	$2,500 in trade value
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC)	$2,500 in trade value
📉 Minimum FX Trade Size
$1,000 - 0.01 Lots	$2,500 in trade value
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounces of Gold)	$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
N/A	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	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
No	iFOREX Europe charges an inactivity fee of $15 for every quarter of inactivity.
💰 Deposit Fees
Yes depending on method (Eg: Not for credit cards)	No
💰 Withdrawal Fees
Yes depending on method (Eg: Not for credit cards)	No for credit cards but yes for bank wires (up to $20).
💰 Commissions
Commissions vary as follows: Standard account has none Raw account has a $3 per lot commission For IRESS accounts there are various commission structures ranging from 0.1% to 0.08% with a minimum $10 charge.	No
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 40 to 60 Pips	Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 0 to 31 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $3
📈 XLK (ETF - CFD)
N/A	Dynamic - From 30 Pips
📉 BTC
Dynamic - From $9 to $21	Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No