Swissquote 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
Swissquote is a global broker and investment bank headquartered in Switzerland that offers traditional securities and CFD trading along with advanced research tools.	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
Traditional equity investors looking for a broad range of markets Experienced traders looking to benefit from their amazing research tools	Beginner traders with little to no experience looking to test a simple platform
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 4 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
FCA (UK) ADGM (United Arab Emirates) FINMA (Switzerland) MFSA (Malta) HKMA (Hong Kong)	CySec (Cyprus)
The Good
Outstanding asset offering with more than 60 exchanges across the world Amazing research and analysis tools for all trader levels Thematic investments with preconfigured product baskets Offers banking services along with debit card	Extremely simple platform designed for beginners with little needs
The Bad
Their proprietary platform lacks many features and is not user friendly Their commissions are extremely high Overall everything feels complicated to use	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
1996	2018
💳 Minimum Deposit
Varies per account type and selected trading platform. From $0 up to $5,000.	200 € (But it can change at their discretion)
💰 Payment Methods
Visa Mastercard Bank Transfer	Bank Wire Credit Card Debit Card
💵 Account Base Currencies
21 - AED, AUD, CAD, EUR, DKK USD, GBP, HKD, HUF, ILS, CHF, JPY, PLN, NOK, SGD, MXN, NZD, SEK, TRY, THB, ZAR	1 - EUR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, JP, SY, IR.	US, CA, SY, IR, JP.
📊 STP Account
Yes	Yes
📊 DMA Account
Yes	No
📊 ECN Account
Yes	No
Assets
📚 Available Assets
Real stocks, ETFs and options CFDs on currencies, commodities, stocks, indices, ETFs, cryptocurrencies and bonds	CFDs on currencies, commodities, indices, shares, ETFs and cryptocurrencies
📙 Stocks
60 Stock Exchanges	400+
📘 Currency Pairs
80+	50+
📗 Commodities
12 CFDs	19
📕 Indices
26 CFDs	32
📔 ETFs
1400 +	42
💸 Cryptocurrencies
12 CFDs	41
📒 Bonds
54,000 + / 3 CFDs	N/A
📓 Options
6 Exchanges	N/A
📗 Futures
6 Exchanges	N/A
📝 Notes:
N/A	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
From $50	$2,500 in trade value
📉 Minimum ETFs Trade Size
From $50	$2,500 in trade value
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	$2,500 in trade value
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$2,500 in trade value
📈 Minimum Commodities Trade Size
From $50	$2,500 in trade value
📉 Minimum Bonds Trade Size
From $50	N/A
📈 Minimum Futures Trade Size
From $50	N/A
📉 Minimum Options Trade Size
From $50	N/A
💪 Retail Leverage
Up to 1:30	Up to 1:30
💪 Professional Leverage
Up to 1:500	Up to 1:500
✍ 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
💻 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
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
$10 per withdrawal	No for credit cards but yes for bank wires (up to $20).
💰 Commissions
For CFDs there are no commissions as the spreads are the cost. For other assets from $9 up to $210 based on transaction volume and depending on the exchange.	No
Spreads
📈 EUR/USD
From 0 Pips to 1.3 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 60 Pips	Dynamic - From 90 Pips
📈 GOLD
N/A	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
N/A	Dynamic - From $3
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - From 30 Pips
📉 BTC
N/A	Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
Yes	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
Yes	No