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


Visit 89.13% of retail CFD accounts lose money.	Visit 74% 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.	eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.
Best For
Beginner traders with little to no experience looking to test a simple platform	New traders looking to use the copy trading feature Experienced traders looking to monetise their skills by gaining followers Passive investors looking to buy and hold shares with no commissions
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 2 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	CySec (Cyprus) FCA (UK) ASIC (Australia) FSAS (Seychelles)
The Good
Extremely simple platform designed for beginners with little needs	Social and Copy trading capabilities Trading real shares and cryptocurrencies
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	Copy Trading statistics are not clear enough Lack of advanced order placement controls
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	2007
💳 Minimum Deposit Range
$200	From $50 to $200
💰 Payment Methods
Bank Transfer Credit Card Debit Card	Visa Mastercard Bank Transfer Sofort Neteller Paypal Skrill
💵 Account Base Currencies
1 - EUR	1 - USD.
🗽 Available to U.S Citizens
No	Yes
❌ Restricted Countries
US, CA, SY, IR, JP.	AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM.
📊 STP Account
Yes	Yes
📊 DMA Account
No	Yes
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
584	4,245
Exchange Access
0	0
📙 Real Stocks
0	2,000
📙 Stock CFDs
400	2,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
50	47
📗 Commodities
0	0
📗 Commodities CFDs
19	14
📕 Indices
0	0
📕 Indices CFDs
32	13
📔 ETFs
0	0
📔 ETFs CFDs
42	145
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
41	26
📒 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	$10
📉 Minimum ETFs Trade Size
$2,500 in trade value	$10
📈 Minimum Crypto Trade Size
$2,500 in trade value	$10
📉 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	Unavailable
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
No	No
📺 MetaTrader 5
No	No
📺 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	Yes
🔑 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.	After 12 months of inactivity, a $10 monthly inactivity fee will be charged.
💰 Deposit Fees
None	Conversion fees apply.
💰 Withdrawal Fees
No for credit cards but yes for bank wires (up to $20).	$5 flat fee.
💰 Commissions
None	No commissions on real stocks and ETFs
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips	Dynamic - From 1 Pip
📉 SP500
Dynamic - From 90 Pips	Dynamic - From 75 Pips
📈 GOLD
Dynamic - From 35 Pips	Dynamic - From 45 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3	Dynamic - From 0.09%
📈 XLK (ETF - CFD)
Dynamic - From 30 Pips	Dynamic - From 0.09%
📉 BTC
Dynamic - From $120	Fixed - 1%
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
Yes	No
📡 Webinars
Yes	No