eToro
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78% of retail CFD accounts lose money.

Vs.

Vestle
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This broker is no longer active.

eToro Vs. Vestle - Compare and Choose the Right One

Updated Nov 14 2022

Visit

78% of retail CFD accounts lose money.

Visit

This broker is no longer active.

Overview

eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.

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
  • New traders looking to use the copy trading feature
  • Experienced traders looking to monetise their skills by gaining followers
  • Passive investors looking to buy and hold shares with no commissions
  • Beginner traders with little to no experience looking to test a simple platform
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

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)
  • FCA (UK)
  • ASIC (Australia)
  • FSAS (Seychelles)
  • CySec (Cyprus)
The Good
  • Social and Copy trading capabilities
  • Trading real shares and cryptocurrencies
  • Extremely simple platform designed for beginners with little needs
The Bad
  • Copy Trading statistics are not clear enough
  • Lack of advanced order placement controls
  • 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
From $5 to $200 $200
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
  • Bank Wire
  • Credit Card
  • Debit Card
💵 Account Base Currencies
1 - USD. 1 - EUR
🗽 Available to U.S Citizens
Yes No
❌ Restricted Countries

AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM.

US, CA, SY, IR, JP.

📊 STP Account
Yes Yes
📊 DMA Account
Yes No
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Hybrid CFDs
Total Asset Offering
4,245 584
Exchange Access
0 0
📙 Real Stocks
2,000 0
📙 Stock CFDs
2,000 400
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
47 50
📗 Commodities
0 0
📗 Commodities CFDs
14 19
📕 Indices
0 0
📕 Indices CFDs
13 32
📔 ETFs
0 0
📔 ETFs CFDs
145 42
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
26 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
$50 $2,500 trade value
📉 Minimum ETFs Trade Size
$50 $2,500 trade value
📈 Minimum Crypto Trade Size
$50 $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
Unavailable 500
✍ Customisable Leverage
Yes 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
📺 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
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee

After 12 months of inactivity, a $10 monthly inactivity fee will be charged.

Vestle charges an inactivity fee of $15 for every quarter of inactivity.

💰 Deposit Fees

$5 per withdrawal.

None
💰 Withdrawal Fees
None

No for credit cards but yes for bank wires (up to $20).

💰 Commissions
None None
Spreads
📈 EUR/USD
Dynamic - From 1 Pip Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 75 Pips Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 45 Pips Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From 0.09% Dynamic - From $3
📈 XLK (ETF - CFD)
Dynamic - From 0.09% Dynamic - From 30 Pips
📉 BTC
Dynamic - From 0.75% 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
Yes Yes
📡 Live Chat Support
No No
📡 Video Tutorials
Yes Yes
📡 Account Management
Yes Yes
📡 Webinars
No No