Webull
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Your capital is at risk.

Vs.

iFOREX Europe
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89.13% of retail CFD accounts lose money.

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

Updated Oct 20 2022

Visit

Your capital is at risk.

Visit

89.13% of retail CFD accounts lose money.

Overview

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.

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

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

0

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
  • HKMA (Hong Kong)
  • FINRA (United States)
  • CySec (Cyprus)
The Good
  • Trade any asset class from just $5
  • Easy-to-use investing app
  • Fully extended trading hours
  • Extremely simple platform designed for beginners with little needs
The Bad
  • No international clients at the moment
  • No joint accounts
  • 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
2017 2018
💳 Minimum Deposit Range
0 $200
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Bank Transfer
  • Credit Card
  • Debit Card
💵 Account Base Currencies
1 - USD. 1 - EUR
🗽 Available to U.S Citizens
Yes No
❌ Restricted Countries

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

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
Equities CFDs
Total Asset Offering
12,420 584
Exchange Access
5 0
📙 Real Stocks
10,000 0
📙 Stock CFDs
0 400
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
0 50
📗 Commodities
0 0
📗 Commodities CFDs
0 19
📕 Indices
0 0
📕 Indices CFDs
0 32
📔 ETFs
2,400 0
📔 ETFs CFDs
0 42
💸 Cryptocurrencies
20 0
💸 Cryptocurrency CFDs
0 41
📒 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
$5 trade value $2,500 in trade value
📉 Minimum ETFs Trade Size
$5 trade value $2,500 in trade value
📈 Minimum Crypto Trade Size
Varies per cryptocurrency $2,500 in trade value
📉 Minimum FX Trade Size
Unavailable $2,500 in trade value
📈 Minimum Commodities Trade Size
Unavailable $2,500 in trade value
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
4 30
💪 Professional Leverage
Unavailable 500
✍ 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
No 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
Yes No
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee
None

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
None None
Spreads
📈 EUR/USD
Unavailable Dynamic - From 0.7 Pips
📉 SP500
Unavailable Dynamic - From 90 Pips
📈 GOLD
Unavailable Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - Market spread Dynamic - From $3
📈 XLK (ETF - CFD)
Dynamic - Market spread Dynamic - From 30 Pips
📉 BTC
Unavailable Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
Yes No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes 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