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


Visit 70.8% of retail CFD accounts lose money.	Visit 89.13% of retail CFD accounts lose money.
Overview
Libertex is a broker headquartered in Cyprus that operates since 1997 and offers trading in over 250 financial instruments.	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.
Best For
European-based traders who are looking to trade forex and cryptocurrencies Traders who need to monitor their positions through mobile apps Long-term investors in equities	Beginner traders with little to no experience looking to test a simple platform
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 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus.	CySec (Cyprus)
The Good
Clean and user-friendly trading platform Advanced mobile app with news integration for iOS and Android Zero commission stock investing	Extremely simple platform designed for beginners with little needs
The Bad
Doesn't support use of Expert Advisors (EA) Stock CFDs are limited to popular (blue chip) choices Weak regulatory framework	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
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
1997	2018
💳 Minimum Deposit Range
$100	$200
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill Paypal Sofort iDeal	Bank Transfer Credit Card Debit Card
💵 Account Base Currencies
4 - EUR, GBP, PLN, CHF	1 - EUR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY.	US, CA, SY, IR, JP.
📊 STP Account
No	Yes
📊 DMA Account
Yes	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	CFDs
Total Asset Offering
374	584
Exchange Access
0	0
📙 Real Stocks
100	0
📙 Stock CFDs
100	400
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
52	50
📗 Commodities
0	0
📗 Commodities CFDs
17	19
📕 Indices
0	0
📕 Indices CFDs
18	32
📔 ETFs
0	0
📔 ETFs CFDs
10	42
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
73	41
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
4	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$20 minimum trade size	$2,500 in trade value
📉 Minimum ETFs Trade Size
$20 minimum trade size	$2,500 in trade value
📈 Minimum Crypto Trade Size
$20 minimum trade size	$2,500 in trade value
📉 Minimum FX Trade Size
$20 minimum trade size	$2,500 in trade value
📈 Minimum Commodities Trade Size
$20 minimum trade size	$2,500 in trade value
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
$20 minimum trade size	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
€10/month after 180 calendar days of inactivity.	iFOREX Europe charges an inactivity fee of $15 for every quarter of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
Depending on the service - up to 1%, 2% withdrawal fee on an inactive account.	No for credit cards but yes for bank wires (up to $20).
💰 Commissions
None	None
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 83 Pips	Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 25 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $4	Dynamic - From $3
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - From 30 Pips
📉 BTC
Dynamic - From $205	Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	No
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
Yes	Yes
📡 Webinars
No	Yes