BDSwiss Vs. Vestle - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 69.2% of retail CFD accounts lose money.	Visit This broker is no longer active.
Overview
BDSwiss is a global broker headquartered in Switzerland that holds multiple financial licenses and offers access to over 250 financial instruments through 4 account types according to each trader's needs.	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
Beginners looking to learn the basics using the "Cent" account Intermediate traders looking for quality fundamental analysis	Beginner traders with little to no experience looking to test a simple platform
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 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) NFA (United States) FSC (Mauritius)	CySec (Cyprus)
The Good
Excellent educational library with analysis published on the daily basis Suitable for traders who are willing to invest time in learning fundamental analysis.	Extremely simple platform designed for beginners with little needs
The Bad
Higher spreads and limited functionality for small accounts Needs $1000 deposit to have access to a personal account manager, or $5,000 for the advantageous Raw account.	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
2012	2018
💳 Minimum Deposit Range
$100	$200
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill Sofort iDeal	Bank Wire Credit Card Debit Card
💵 Account Base Currencies
4 - USD, EUR, GBP, SEK.	1 - EUR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
BE, CD ,ER, JP, KP, LY, MU, SC, SO, SD, US.	US, CA, SY, IR, JP.
📊 STP Account
Yes	Yes
📊 DMA Account
No	No
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
1,066	584
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
900	400
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
50	50
📗 Commodities
0	0
📗 Commodities CFDs
6	19
📕 Indices
0	0
📕 Indices CFDs
10	32
📔 ETFs
0	0
📔 ETFs CFDs
80	42
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
20	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 Share	$2,500 trade value
📉 Minimum ETFs Trade Size
1 ETF	$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
500	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
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
Yes	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
10% of account balance after 90 days of inactivity (minimum at €25, maximum at €49.90).	Vestle charges an inactivity fee of $15 for every quarter of inactivity.
💰 Deposit Fees
€10 flat fee for bank wire withdrawals equal to or less than €100.	None
💰 Withdrawal Fees
None	No for credit cards but yes for bank wires (up to $20).
💰 Commissions
Yes depending on account type (Eg: Raw accounts have a $5 per lot round turn commission while other pay spreads).	None
Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips to 1.5 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 39 Pips	Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 27 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3.30	Dynamic - From $3
📈 XLK (ETF - CFD)
0.10%	Dynamic - From 30 Pips
📉 BTC
Dynamic - From $190	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
Yes	Yes
📡 Account Management
Yes	Yes
📡 Webinars
Yes	No