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


Visit 89.13% of retail CFD accounts lose money.	Visit 74-89% 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.	Exness is a Cypriot broker founded in 2008 that specialises on currencies trading via MT4 & 5 along with their proprietary Exness Trader platform.
Best For
Beginner traders with little to no experience looking to test a simple platform	Low volume traders looking to take advantage of their low sized account offerings Off-shore traders looking for high leverage factors High volume traders looking for their professional accounts (assuming they are satisfied with their available assets)
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 6 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	FSA (Seychelles) CBCS (Curaçao) FSC (British Virgin Islands) FSC (Mauritius) FSCA (South Africa) CySec (Cyprus) FCA (UK)
The Good
Extremely simple platform designed for beginners with little needs	Competitive spreads depending on the account type Low entry barrier for new traders No minimum deposit on standard accounts
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	Most Exness' the financial licenses are from off-shore locations Very low asset offering with less than 200 instruments Despite using TradingView charts, multi-charts layout or fullscreen are not possible
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	2008
💳 Minimum Deposit Range
$200	From 0 to $3,000
💰 Payment Methods
Bank Transfer Credit Card Debit Card	Credit Card Debit Card Neteller Skrill USDT (Tether) Bank Transfer BTC (Bitcoin) Perfect Money SticPay USDC (USD Coin)
💵 Account Base Currencies
1 - EUR	1 - USD
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR, JP.	US, CA, SY, IR.
📊 STP Account
Yes	No
📊 DMA Account
No	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
584	243
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
400	100
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
50	100
📗 Commodities
0	0
📗 Commodities CFDs
19	7
📕 Indices
0	0
📕 Indices CFDs
32	10
📔 ETFs
0	0
📔 ETFs CFDs
42	0
💸 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	1 Share
📉 Minimum ETFs Trade Size
$2,500 in trade value	Unavailable
📈 Minimum Crypto Trade Size
$2,500 in trade value	0.01 Lots ($1,000)
📉 Minimum FX Trade Size
$2,500 in trade value	0.01 Lots ($1,000)
📈 Minimum Commodities Trade Size
$2,500 in trade value	0.01 Lots ($1,000)
📉 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	2000
✍ Customisable Leverage
No	Yes
🎲 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	No
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
iFOREX Europe charges an inactivity fee of $15 for every quarter of inactivity.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
No for credit cards but yes for bank wires (up to $20).	None
💰 Commissions
None	Commissions vary as follows: No comissions on Standard account No comissions on Standard Cent account $3.5 per lot side on Raw Spread account $0.2 per lot side on Zero account No commission on Pro account
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips	1 Pip
📉 SP500
Dynamic - From 90 Pips	From 200 pips
📈 GOLD
Dynamic - From 35 Pips	From 20 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3	From $0.10
📈 XLK (ETF - CFD)
Dynamic - From 30 Pips	Unavailable
📉 BTC
Dynamic - From $120	From $20
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	No
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	No
📡 Account Management
Yes	No
📡 Webinars
Yes	No