iFOREX Europe
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89.13% of retail CFD accounts lose money.

Vs.

Webull
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Your capital is at risk.

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

Updated Oct 20 2022

Visit

89.13% of retail CFD accounts lose money.

Visit

Your capital is at risk.

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.

Webull is a US-based broker that offers both real and leveraged products including Stocks, Crypto, Options, ETFs, and ADRs with zero commissions and no deposit minimums.

Best For
  • Beginner traders with little to no experience looking to test a simple platform
  • Novices who want to enter the world of investing
  • Intermediate and advanced options traders
  • Professional day traders and portfolio managers 
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

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • HKMA (Hong Kong)
  • FINRA (United States)
The Good
  • Extremely simple platform designed for beginners with little needs
  • Trade any asset class from just $5
  • Easy-to-use investing app
  • Fully extended trading hours
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
  • No international clients at the moment
  • No joint accounts
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 2017
💳 Minimum Deposit Range
$200 0
💰 Payment Methods
  • Bank Transfer
  • Credit Card
  • Debit Card
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
💵 Account Base Currencies
1 - EUR 1 - USD.
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries

US, CA, SY, IR, JP.

European Union, UK, CA, JP, IN, IR, MY, ZA, AU.

📊 STP Account
Yes No
📊 DMA Account
No Yes
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Equities
Total Asset Offering
584 12,420
Exchange Access
0 5
📙 Real Stocks
0 10,000
📙 Stock CFDs
400 0
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
50 0
📗 Commodities
0 0
📗 Commodities CFDs
19 0
📕 Indices
0 0
📕 Indices CFDs
32 0
📔 ETFs
0 2,400
📔 ETFs CFDs
42 0
💸 Cryptocurrencies
0 20
💸 Cryptocurrency CFDs
41 0
📒 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 $5 trade value
📉 Minimum ETFs Trade Size
$2,500 in trade value $5 trade value
📈 Minimum Crypto Trade Size
$2,500 in trade value Varies per cryptocurrency
📉 Minimum FX Trade Size
$2,500 in trade value Unavailable
📈 Minimum Commodities Trade Size
$2,500 in trade value Unavailable
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 4
💪 Professional Leverage
500 Unavailable
✍ Customisable Leverage
No No
🎲 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 No
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
No Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No Yes
🔨 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 None
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips Unavailable
📉 SP500
Dynamic - From 90 Pips Unavailable
📈 GOLD
Dynamic - From 35 Pips Unavailable
📉 TSLA (Stock CFD)
Dynamic - From $3 Dynamic - Market spread
📈 XLK (ETF - CFD)
Dynamic - From 30 Pips Dynamic - Market spread
📉 BTC
Dynamic - From $120 Unavailable
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 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