Pepperstone Vs. iFOREX Europe - Compare and Choose the Right One


Visit 74-89% of retail CFD accounts lose money.	Visit 89.13% of retail CFD accounts lose money.
Overview
Pepperstone is an Australian broker founded in 2010 with the aim of providing a professional trading experience with low fees and tight spreads. Currently Pepperstone counts with 7 financial licenses and operates in almost every country around the world.	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
Professional traders that day-trade or scalp Algorithmic traders using their own custom built robots Experienced traders	Beginner traders with little to no experience looking to test a simple platform
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 4 Other Licenses 3 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
BaFin (Germany) FCA (UK) ASIC (Australia) DFSA (United Arab Emirates) CySec (Cyprus) SCB (Bahamas) CMA (Kenya)	CySec (Cyprus)
The Good
Well regulated on several jurisdictions Low latency, fast execution under 30ms Competitive spreads and low commissions from 0.0 pips on their Razor account	Extremely simple platform designed for beginners with little needs
The Bad
Avaliable asset offering is not that comprehensive No ability to purchase real stocks or cryptocurrencies, only CFDs	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
Up to 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
2010	2018
💳 Minimum Deposit
$200	200 € (But it can change at their discretion)
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal Neteller Skrill POLi Bpay Unionpay Mpesa	Bank Wire Credit Card Debit Card
💵 Account Base Currencies
9 - USD, GBP, AUD, EUR, CHF, HKD, SGD, JPY and NZD	1 - EUR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, KM, TD, CD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VE, VG, EH, YE, ZW, RU.	US, CA, SY, IR, JP.
📊 STP Account
Yes	Yes
📊 DMA Account
No	No
📊 ECN Account
Yes	No
Assets
📚 Available Assets
CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies and indices.	CFDs on currencies, commodities, indices, shares, ETFs and cryptocurrencies
📙 Stocks
1,300 +	400+
📘 Currency Pairs
60	50+
📗 Commodities
31	19
📕 Indices
25	32
📔 ETFs
100	42
💸 Cryptocurrencies
20	41
📒 Bonds
N/A	N/A
📓 Options
N/A	N/A
📗 Futures
N/A	N/A
📝 Notes:
All Pepperstone assets are CFDs.	All of iFOREX Europe assets are CFDs yet they do provide a “No Leverage” tab with a few assets under 1:1 conditions for traders that do not wish to expose themselves to the risk.
Trading Experience
📈 Minimum Stock Trade Size
Varies by Stock	$2,500 in trade value
📉 Minimum ETFs Trade Size
Varies by 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 Commodity (Eg: 0.1 Troy ounces of Gold)	$2,500 in trade value
📉 Minimum Bonds Trade Size
N/A	N/A
📈 Minimum Futures Trade Size
N/A	N/A
📉 Minimum Options Trade Size
N/A	N/A
💪 Retail Leverage
Up to 1:400	Up to 1:30
💪 Professional Leverage
Up to 1:500	Up to 1:500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
No	iFOREX Europe charges an inactivity fee of $15 for every quarter of inactivity.
💰 Deposit Fees
No	No
💰 Withdrawal Fees
No	No for credit cards but yes for bank wires (up to $20).
💰 Commissions
For Standard account : All fees included in the spread For Razor account: From $7 per Lot round turn	No
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.77 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 0.4 to 1.5 Pips	Dynamic - From 90 Pips
📈 GOLD
Dynamic - Average 13.81 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $3
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - From 30 Pips
📉 BTC
Dynamic - From $30	Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No