Markets.com
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68% of retail CFD accounts lose money.

Vs.

iFOREX Europe
Visit

89.13% of retail CFD accounts lose money.

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

Updated Oct 20 2022

Visit

68% of retail CFD accounts lose money.

Visit

89.13% of retail CFD accounts lose money.

Overview

Markets.com is an international broker that offers share dealing and CFD trading accounts through their own proprietary platform or MT4 and MT5.

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
  • Passive investors looking for share dealing services with the intent to hold shares over long perios of time
  • High volume CFD traders looking for exposure to several markets using their platform, MT4 or MT5
  • Beginner traders with little to no experience looking to test a simple platform
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

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)
  • FCA (UK)
  • ASIC (Australia)
  • FSCA (South Africa)
  • CySec (Cyprus)
The Good
  • Clear separation between investors and Traders by offering share dealing accounts and CFD trading accounts
  • Wide range of platforms (Proprietary, MT4, MT5)
  • Wide range of stocks and stock CFDs
  • Extremely simple platform designed for beginners with little needs
The Bad
  • Minimum trade sizes larger than average
  • Spreads above average
  • 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
2008 2018
💳 Minimum Deposit Range
$100 $200
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Paypal
  • Skrill
  • Bank Transfer
  • Credit Card
  • Debit Card
💵 Account Base Currencies
11 - USD, EUR, GBP, PLN, SEK, DKK, NOK, ZAR, CZK, CHF, AUD. 1 - EUR
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, JP, CA, BE.

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
9,646 584
Exchange Access
0 0
📙 Real Stocks
7,008 0
📙 Stock CFDs
2,008 400
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
67 50
📗 Commodities
0 0
📗 Commodities CFDs
28 19
📕 Indices
0 0
📕 Indices CFDs
40 32
📔 ETFs
0 0
📔 ETFs CFDs
466 42
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
25 41
📒 Bonds
0 0
📒 Bonds CFDs
4 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share $2,500 in trade value
📉 Minimum ETFs Trade Size
1 ETF $2,500 in trade value
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.01 BTC) $2,500 in trade value
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $2,500 in trade value
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 1 Gold Contract) $2,500 in trade value
📉 Minimum Bonds Trade Size
Varies by Bond (Eg: 10 GER10Y Bond contracts) Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
300 500
✍ 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
Yes 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
No No
Fees
💰 Inactivity Fee

$10 each month after 3 months of inactivity.

iFOREX Europe charges an inactivity fee of $15 for every quarter of inactivity.

💰 Deposit Fees
None None
💰 Withdrawal Fees
None

No for credit cards but yes for bank wires (up to $20).

💰 Commissions

No comissions on CFDs. For share dealing, the first 3 months are commission free, then the structure is:

  • EU Shares = 0.1% (min €10)
  • UK Shares = 0.1% (min £8)
  • US Shares = 2c (min $15)
  • AU Shares = 0.1% (min A$10)
None
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 100 Pips Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 50 Pips Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.81 Dynamic - From $3
📈 XLK (ETF - CFD)
Dynamic - From $0.31 Dynamic - From 30 Pips
📉 BTC
Dynamic - From $104.10 Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
Yes No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No
📡 Educational Content
No No
📡 Live Chat Support
Yes No
📡 Video Tutorials
No No
📡 Account Management
No Yes
📡 Webinars
No Yes