easyMarkets
Visit

61% of retail CFD accounts lose money.

Vs.

Vestle
Visit

This broker is no longer active.

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

Updated Oct 20 2022

Visit

61% of retail CFD accounts lose money.

Visit

This broker is no longer active.

Overview

Founded in 2001, easyMarkets offers three types of accounts – VIP, Premium and Standard – with fixed spreads for its Web, App and MT4 platforms.

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
  • Forex traders who want transparent trades with fixed spreads
  • Traders who want access to higher leverage with its global entities
  • Beginner traders with little to no experience looking to test a simple platform
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

3

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)
  • FSAS (Seychelles)
  • FSC (British Virgin Islands)
  • ASIC (Australia)
  • CySec (Cyprus)
The Good
  • Low minimum deposit required for standard accounts
  • No fees or commissions
  • Clear trading conditions with fixed spreads
  • Offers free guaranteed stop loss
  • Extremely simple platform designed for beginners with little needs
The Bad
  • Asset offering isn’t that comprehensive
  • There is no possibility of buying real stocks or ETFS
  • Limited trading hours
  • 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
2001 2018
💳 Minimum Deposit Range
$25 for Standard account, $2,000 for premium and $10,000 for VIP $200
💰 Payment Methods
  • Visa
  • Mastercard
  • American Express
  • Maestro
  • JCB
  • Skrill
  • Neteller
  • AstroPay
  • Sofort
  • giropay
  • Ideal 
  • Bank transfer
  • BPay
  • Fasapay
  • Sticpay
  • WebMoney
  • bitwallet
  • Perfect Money
  • Bank Wire
  • Credit Card
  • Debit Card
💵 Account Base Currencies
19 - EUR, CAD, CZK, JPY, NZD, USD, SGD, CHF, GBP, MXN, AUD, PLN, TRY, CNY, HKD, NOK, SEK, ZAR, BTC. 1 - EUR
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, IL, CA, AF, AI, BI, KY, KY, TD, CD, CG, DM, GQ, FJ, GW, HY, HN, IR, IQ, LA, MZ, MM, NI, KP, PW, PA, SO, SS, SD, SY, TT, TM, VU, VE, YE.

US, CA, SY, IR, JP.

📊 STP Account
No Yes
📊 DMA Account
No No
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
196 584
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
64 400
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
62 50
📗 Commodities
0 0
📗 Commodities CFDs
17 19
📕 Indices
0 0
📕 Indices CFDs
13 32
📔 ETFs
0 0
📔 ETFs CFDs
0 42
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
17 41
📒 Bonds
0 0
📒 Bonds CFDs
0 0
📓 Options
0 0
📓 Options CFDs
23 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
Varies per stock (Eg: AMZN 0.05, APPL 0.25) $2,500 trade value
📉 Minimum ETFs Trade Size
Unavailable $2,500 trade value
📈 Minimum Crypto Trade Size
$2,500 (0.025 Lots) $2,500 trade value
📉 Minimum FX Trade Size
$2,500 (0.025 Lots) $2,500 trade value
📈 Minimum Commodities Trade Size
Varies per commodity (Eg: $25 for WTI, $75 for XAG) $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
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
Yes 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

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
None None
Spreads
📈 EUR/USD
Fixed - Based on Account Type (From 0.7 to 1.7 Pips) Dynamic - From 0.7 Pips
📉 SP500
Fixed - 150 Pips Dynamic - From 90 Pips
📈 GOLD
Fixed - Based on Account Type (From 5 Pips to 30 Pips) Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Fixed - $13 Dynamic - From $3
📈 XLK (ETF - CFD)
Unavailable Dynamic - From 30 Pips
📉 BTC
Fixed - $100 Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No
📡 Educational Content
No Yes
📡 Live Chat Support
No No
📡 Video Tutorials
No Yes
📡 Account Management
Yes Yes
📡 Webinars
No No