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


Visit 89.13% of retail CFD accounts lose money.	Visit 69.2% of retail CFD accounts lose money.
Overview
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.	BDSwiss is a global broker headquartered in Switzerland that holds multiple financial licenses and offers access to over 250 financial instruments through 4 account types according to each trader's needs.
Best For
Beginner traders with little to no experience looking to test a simple platform	Beginners looking to learn the basics using the "Cent" account Intermediate traders looking for quality fundamental analysis
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	CySec (Cyprus) NFA (United States) FSC (Mauritius)
The Good
Extremely simple platform designed for beginners with little needs	Excellent educational library with analysis published on the daily basis Suitable for traders who are willing to invest time in learning fundamental analysis.
The Bad
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	Higher spreads and limited functionality for small accounts Needs $1000 deposit to have access to a personal account manager, or $5,000 for the advantageous Raw account.
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
2018	2012
💳 Minimum Deposit Range
$200	$100
💰 Payment Methods
Bank Transfer Credit Card Debit Card	Visa Mastercard Bank Transfer Neteller Skrill Sofort iDeal
💵 Account Base Currencies
1 - EUR	4 - USD, EUR, GBP, SEK.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR, JP.	BE, CD ,ER, JP, KP, LY, MU, SC, SO, SD, US.
📊 STP Account
Yes	Yes
📊 DMA Account
No	No
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
584	1,066
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
400	900
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
50	50
📗 Commodities
0	0
📗 Commodities CFDs
19	6
📕 Indices
0	0
📕 Indices CFDs
32	10
📔 ETFs
0	0
📔 ETFs CFDs
42	80
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
41	20
📒 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
$2,500 in trade value	1 Share
📉 Minimum ETFs Trade Size
$2,500 in trade value	1 ETF
📈 Minimum Crypto Trade Size
$2,500 in trade value	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$2,500 in trade value	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$2,500 in trade value	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
No	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
iFOREX Europe charges an inactivity fee of $15 for every quarter of inactivity.	10% of account balance after 90 days of inactivity (minimum at €25, maximum at €49.90).
💰 Deposit Fees
None	€10 flat fee for bank wire withdrawals equal to or less than €100.
💰 Withdrawal Fees
No for credit cards but yes for bank wires (up to $20).	None
💰 Commissions
None	Yes depending on account type (Eg: Raw accounts have a $5 per lot round turn commission while other pay spreads).
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips	Dynamic - From 0.3 Pips to 1.5 Pips
📉 SP500
Dynamic - From 90 Pips	Dynamic - From 39 Pips
📈 GOLD
Dynamic - From 35 Pips	Dynamic - From 27 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3	Dynamic - From $3.30
📈 XLK (ETF - CFD)
Dynamic - From 30 Pips	0.10%
📉 BTC
Dynamic - From $120	Dynamic - From $190
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
Yes	Yes
📡 Webinars
Yes	Yes