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


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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.	Skilling is a multi-platform global broker founded in 2016 that specialises in CFD trading over several asset classes.
Best For
Beginner traders with little to no experience looking to test a simple platform	Forex traders who want relatively straightforward, intuitive platforms with low commissions Beginner traders who need assistance implementing first trades
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 0 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	CySec (Cyprus) FSAS (Seychelles)
The Good
Extremely simple platform designed for beginners with little needs	Multiple intuitive platforms for traders with different levels of experience Several payment methods for deposits and withdrawals No commission for standard accounts Trade Assistant tool is great for beginners opening their first trade
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	Doesn’t allow deleveragred trading or customizable leverage Charges commission on forex and spot metal trading for premium accounts Asset offering is not that comprehensive
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	2016
💳 Minimum Deposit Range
$200	From $100 to $5,000
💰 Payment Methods
Bank Transfer Credit Card Debit Card	Visa Mastercard Fasapay Webmoney PayRetailers PayTrust Pagsmile Directa NganLuong.vn UnionPay Skrill Neteller Bank Transfer
💵 Account Base Currencies
1 - EUR	5 - EUR, USD, GBP, NOK, SEK.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR, JP.	US, SY, IR.
📊 STP Account
Yes	Yes
📊 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	938
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
400	762
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
50	73
📗 Commodities
0	0
📗 Commodities CFDs
19	6
📕 Indices
0	0
📕 Indices CFDs
32	18
📔 ETFs
0	0
📔 ETFs CFDs
42	45
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
41	34
📒 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	Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
$2,500 in trade value	Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
$2,500 in trade value	Varies per Cryptocurrency (Eg: 0.01 BTC, 0.5 LTC)
📉 Minimum FX Trade Size
$2,500 in trade value	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$2,500 in trade value	Varies per commodity (eg: Gold 0.1 contracts, Silver 10 contracts)
📉 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	No
📺 cTrader
No	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 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.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
No for credit cards but yes for bank wires (up to $20).	None
💰 Commissions
None	Skilling charges commission on its forex pairs and spot metals for its premium account. The commission starts from $35 per million USD traded (eg: EUR/USD $35, GBP/USD $40 and Gold $60).
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips	Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 90 Pips	Dynamic - From 120 Pips
📈 GOLD
Dynamic - From 35 Pips	Dynamic - From 36 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3	Dynamic - From $4.62
📈 XLK (ETF - CFD)
Dynamic - From 30 Pips	Dynamic - From $0.84
📉 BTC
Dynamic - From $120	Dynamic - From $131.8
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	No
📡 Video Tutorials
No	No
📡 Account Management
Yes	No
📡 Webinars
Yes	No