Updated May 13 2022
Overview | |
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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 | |
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Licenses | |
![]() Financial Regulation Unregulated Top-tier Licenses 0 Other Licenses 0 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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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:
All documents must be under the account holder's name. |
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 | |
💵 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 | |
📙 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 |