Axi (AxiTrader) Vs. Vestle - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 74.1% of retail CFD accounts lose money.	Visit This broker is no longer active.
Overview
Axi (previously known as AxiTrader) is an Australian broker offering CFDs products on FX, Stocks, Indices, Commodities and Cryptocurrencies.	Vestle was a brand part of the iForex Group that specialised in CFD trading and offered over 600 different financial instruments. Currently they're no longer operative and have rebranded themselves to iFOREX Europe.
Best For
Experienced FX Traders looking to benefit from their custom account offering High volume traders looking to benefit from their 0 pips spreads	Beginner traders with little to no experience looking to test a simple platform
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 3 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
ASIC (Australia) FCA (Uk) ADGM (United Arab Emirates) SVGFSA (St. Vincent & the Grenadines)	CySec (Cyprus)
The Good
Competitive account offering for all trader levels with spreads from 0 pips	Extremely simple platform designed for beginners with little needs
The Bad
All assets are CFDs (No real stocks or ETFs offered) Extremely low asset offering (around 150 instruments)	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	Inactive
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
2007	2018
💳 Minimum Deposit Range
0	$200
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill Sofort Giropay iDeal Polish Internet Banking Global Collect	Bank Wire Credit Card Debit Card
💵 Account Base Currencies
10 - AUD, CAD, CHF, EUR, HKD, JPY, NZD, PLN, SGD, USD	1 - EUR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
None	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
CFDs	CFDs
Total Asset Offering
229	584
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
50	400
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
140	50
📗 Commodities
0	0
📗 Commodities CFDs
14	19
📕 Indices
0	0
📕 Indices CFDs
14	32
📔 ETFs
0	0
📔 ETFs CFDs
0	42
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
11	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
$1,000 (0.01 Lots)	$2,500 trade value
📉 Minimum ETFs Trade Size
Unavailable	$2,500 trade value
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	$2,500 trade value
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$2,500 trade value
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	$2,500 trade value
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
400	500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
No	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	No
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
$10 monthly after 1 year of inactivity.	Vestle 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
Varies per account type: Standard: None Pro: $3.50 per lot Elite: $1.75 per lot)	None
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.4 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 90 Pips	Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 20 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.45	Dynamic - From $3
📈 XLK (ETF - CFD)
Unavailable	Dynamic - From 30 Pips
📉 BTC
Dynamic - From $40	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	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	Yes
📡 Account Management
No	Yes
📡 Webinars
Yes	No