FxPro
Visit

74.46% of retail CFD accounts lose money.

Vs.

iFOREX Europe
Visit

89.13% of retail CFD accounts lose money.

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

Updated Jul 12 2022

Visit

74.46% of retail CFD accounts lose money.

Visit

89.13% of retail CFD accounts lose money.

Overview

FxPro is a regulated global brokerage firm offering a vast array of tradable instruments including CFDs on FX, Stocks, Crypto, Commodities, Indices, Energies and Futures.

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
  • Experienced traders looking for platform and accounts variety
  • FX Traders looking for deep liquidity and fast execution under 14 ms
  • 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)
  • ASIC (Australia)
  • SCB (Bahamas)
  • FSCA (South Africa)
  • CySec (Cyprus)
The Good
  • Moderate asset offering (around 2,500+ instruments)
  • Great plafform variety (FxPro Edge CFD, MetaTrader 4 & 5, cTrader)
  • Extremely simple platform designed for beginners with little needs
The Bad
  • No real stocks or ETFs
  • Proprietary platform is not user friendly
  • 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
2006 2018
💳 Minimum Deposit
€, £, $ - 100

200 € (But it can change at their discretion)

💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Paypal
  • Bank Wire
  • Credit Card
  • Debit Card
💵 Account Base Currencies
8 - EUR, GBP, USD, CHF, PLN, AUD, JPY, ZAR. 1 - EUR
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, IR. US, CA, SY, IR, JP.
📊 STP Account
No Yes
📊 DMA Account
Yes No
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on stocks, currencies, commodities, cryptocurrencies and indices

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

📙 Stocks
2,100+ 400+
📘 Currency Pairs
70 50+
📗 Commodities
11 19
📕 Indices
29 32
📔 ETFs
N/A 42
💸 Cryptocurrencies
30 41
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
21 N/A
📝 Notes:
All of FXPro's 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
$1,000 (0.01 Lots) $2,500 in trade value
📉 Minimum ETFs Trade Size
N/A $2,500 in trade value
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) $2,500 in trade value
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $2,500 in trade value
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) $2,500 in trade value
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
$1,000 (0.01 Lots) 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
No 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
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee

$15 after 12 months of inactivity plus $5 monthly thereafter

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 commissions on MT4 & 5 ($45 per $1million USD traded on cTrader

No
Spreads
📈 EUR/USD
Dynamic - From 1.2 Pips Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 60 Pips Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 24 Pips Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $2.82 Dynamic - From $3
📈 XLK (ETF - CFD)
N/A Dynamic - From 30 Pips
📉 BTC
Dynamic - From $88 Dynamic - From $120
Research and Analysis
⭐ Watchlists
No Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

By using TheTradingBible.com's website you agree to the use of cookies.