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


Visit 89.13% of retail CFD accounts lose money.	Visit 76.5% 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.	FBS is a global broker established in 2009 that specialises in currencies trading via MetaTrader 4 & 5 platforms along with their own proprietary mobile app.
Best For
Beginner traders with little to no experience looking to test a simple platform	New traders looking to trade via MT4 with really low starting amounts using their Cent or Micro accounts Experienced high volume traders looking for a fixed zero spread account
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 3 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	IFSC (Belize) CySec (Cyprus) ASIC (Australia) FSCA (South Africa)
The Good
Extremely simple platform designed for beginners with little needs	Clear account offering that covers all levels of traders according to their net worth Proprietary copy trading service Access to high leverage (Up to 1:3000)
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	Asset offering is extremely limited with over 100+ instruments Minimum deposit for ECN account is high $1,000
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	2009
💳 Minimum Deposit Range
$200	From $1 to $1,000
💰 Payment Methods
Bank Transfer Credit Card Debit Card	Visa Mastercard Maestro Neteller Sticpay Skrill Perfect Money Bank Transfer (depending on location and entity) Bitcoin Ethereum USDT (Tether)
💵 Account Base Currencies
1 - EUR	3 - EUR, USD, AUD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR, JP.	JP, US, CA, MY, IL, IR.
📊 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	254
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
400	104
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
50	102
📗 Commodities
0	0
📗 Commodities CFDs
19	8
📕 Indices
0	0
📕 Indices CFDs
32	12
📔 ETFs
0	0
📔 ETFs CFDs
42	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
41	28
📒 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	$1,000 - 0.01 Lots
📉 Minimum ETFs Trade Size
$2,500 in trade value	Unavailable
📈 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	3000
💪 Professional Leverage
500	Unavailable
✍ 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	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.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
No for credit cards but yes for bank wires (up to $20).	None
💰 Commissions
None	FBS commissions vary per account type as follows: Cent account: none Micro account: none Standard account: none Zero spread account: From $20 per lot ECN account: From $6 per lot Crypto account: 0.05% for opening or closing positions
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips	Dynamic - From 0 to 3 Pips
📉 SP500
Dynamic - From 90 Pips	Dynamic - From 170 Pips
📈 GOLD
Dynamic - From 35 Pips	Dynamic - From 32 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3	Dynamic - From $0.08
📈 XLK (ETF - CFD)
Dynamic - From 30 Pips	Unavailable
📉 BTC
Dynamic - From $120	Dynamic - From $104
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	No
📡 Live Chat Support
No	No
📡 Video Tutorials
No	No
📡 Account Management
Yes	No
📡 Webinars
Yes	No