Binance Vs. Vestle - Compare and Choose the Right One


Visit Investing in cryptocurrencies involves risk.	Visit 89.13% of retail CFD accounts lose money.
Overview
Binance is a global cryptocurrency exchange founded in 2017 in China with the aim of providing the ultimate trading solution. Currently, they offer more than 700+ cryptocurrencies, derivatives (such as Vanilla options, futures, staking), a Launchpad platform for ICOs and many more services such as several trading platforms with different complexity levels.	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
Avid cryptocurrency traders and investors from intermediate to expert levels Day traders looking for a high liquidity exchange with competitive fees	Beginner traders with little to no experience looking to test a simple platform
Licenses
Financial Licenses Regulation Unregulated Top-tier Licenses 0 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
None, not required at the moment.	CySec (Cyprus)
The Good
Largest cryptocurrency exchange in the world by liquidity Massive cryptocurrencies selection available (700+) Large amount of financial products in the form of derivatives (Vanilla options, futures, etc) Advanced trading platforms with visual order books at no cost	Extremely simple platform designed for beginners with little needs
The Bad
Interface can be complex to use for beginners The wide selection of products and derivatives can also be intimidating for beginners	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
Only to increase withdrawal limits: 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
0	200 € (But it can change at their discretion)
💰 Payment Methods
All supported cryptocurrencies Bank transfers Visa Mastercard	Bank Wire Credit Card Debit Card
💵 Account Base Currencies
All supported cryptocurrencies.	1 - EUR
🗽 Available to U.S Citizens
Yes (excluding few states)	No
❌ Restricted Countries
None	US, CA, SY, IR, JP.
📊 STP Account
No	Yes
📊 DMA Account
No	No
📊 ECN Account
No	No
Assets
📚 Available Assets
More than 700+ real cryptocurrencies A wide selection of derivatives based on real cryptocurrencies such as futures, vanilla options, etc.	CFDs on currencies, commodities, indices, shares, ETFs and cryptocurrencies
📙 Stocks
N/A	400+
📘 Currency Pairs
N/A	50+
📗 Commodities
N/A	19
📕 Indices
N/A	32
📔 ETFs
N/A	42
💸 Cryptocurrencies
700+	41
📒 Bonds
N/A	N/A
📓 Options
N/A	N/A
📗 Futures
N/A	N/A
📝 Notes:
Binance specialises in real cryptocurrencies and tokenised derivatives based on their own cryptocurrency offering.	All of Vestle’s 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
N/A	$2,500 in trade value
📉 Minimum ETFs Trade Size
N/A	$2,500 in trade value
📈 Minimum Crypto Trade Size
$10	$2,500 in trade value
📉 Minimum FX Trade Size
N/A	$2,500 in trade value
📈 Minimum Commodities Trade Size
N/A	$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 1:20	Up to 1:30
💪 Professional Leverage
N/A	Up to 1:500
✍ Customisable Leverage
N/A	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
No	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
No	No
📺 MetaTrader 5
No	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
No	No
Fees
💰 Inactivity Fee
No	Vestle 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
Binance charges a fixed 0.1% trade value fee for spot trades.	No
Spreads
📈 EUR/USD
N/A	Dynamic - From 0.7 Pips
📉 SP500
N/A	Dynamic - From 90 Pips
📈 GOLD
N/A	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
N/A	Dynamic - From $3
📈 XLK (ETF - CFD)
N/A	Dynamic - From 30 Pips
📉 BTC
Dynamic - From $1	Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
No	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No