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

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.

DEGIRO is a European leading stock broker providing access to more than 50 stock exchanges around the world with low commissions per trade and a simple to use platform.

• Beginner traders with little to no experience looking to test a simple platform

• Investors from all experience levels looking to buy real shares, funds or ETFs for the long term
• Active traders that look to access the large variety of exchanges offered

• CySec (Cyprus)

• BaFin (Germany)
• AFM (Netherlands)

• Extremely simple platform designed for beginners with little needs

• No conflicts of interest between DEGIRO and its customers
• Virtually unlimited asset offering from 50 exchanges across the globe
• Low fees when compared to traditional banking alternatives

• 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

• Credit card deposits are not available
• Simplistic platforms with not many features
• Fees are expensive when compared to commission free brokers

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• 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.

• Bank Transfer
• Credit Card
• Debit Card

• Bank Transfer
• Paypal

US, CA, SY, IR, JP.

DEGIRO only provides services to citizens of Czech Republic, Spain, Ireland, Norway, Poland, Sweden, Denmark, Greece, Italy, Portugal, Switzerland, Germany, France, Netherlands, Finland and the United Kingdom. The rest of the countries worldwide are not able to use DEGIRO's services.

iFOREX Europe charges an inactivity fee of $15 for every quarter of inactivity.

No for credit cards but yes for bank wires (up to $20).

Yes and varies per asset and exchange, eg: If you were to purchase £2,000 worth of Apple shares at a price of $300 your total commission would have been £0.44.