FxPro
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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 Trustworthiness, Capabilities, Fees and Legitimacy

Updated Oct 20 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 Range
$100 $200
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Paypal
  • Bank Transfer
  • 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
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
2,261 584
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
2,100 400
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
70 50
📗 Commodities
0 0
📗 Commodities CFDs
11 19
📕 Indices
0 0
📕 Indices CFDs
29 32
📔 ETFs
0 0
📔 ETFs CFDs
0 42
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
30 41
📒 Bonds
0 0
📒 Bonds CFDs
0 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
21 0
Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots) $2,500 in trade value
📉 Minimum ETFs Trade Size
Unavailable $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
Unavailable Unavailable
📈 Minimum Futures Trade Size
$1,000 (0.01 Lots) Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ 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
📺 cTrader
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
None None
💰 Withdrawal Fees
None

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.

None
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)
Unavailable 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
📡 Educational Content
Yes No
📡 Live Chat Support
No No
📡 Video Tutorials
No No
📡 Account Management
Yes Yes
📡 Webinars
No Yes