ETX Capital Vs. Vestle - Compare and Choose the Right One


Visit 73.85% of retail CFD accounts lose money.	Visit 89.13% of retail CFD accounts lose money.
Overview
Founded in 1965, ETX Capital dedicated the last decades to both spread betting and CFD trading until their recent rebranding into OvalX.	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 for variety of currencies and high net worth equities Traders seeking commission free equities inside their 250 commission-less selection Traders who want to trade commodity futures and bonds	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
FCA (UK) FSCA (South Africa) CySec (Cyprus)	CySec (Cyprus)
The Good
Commission-free trades for 250 equities Low minimum deposit to open standard account (100£) Wide selection of commodity futures and bonds Decent educational material for market research, including seminars on indices, commodities and currencies	Extremely simple platform designed for beginners with little needs
The Bad
Doesn’t provide live news feed on standard account No ability to purchase real stocks or ETFs (All assets are CFDs) Expensive commissions on shares (Eg minimum $15 on US shares, 10 € on EU shares)	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
Inactive	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 documents (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
1965	2018
💳 Minimum Deposit
$, €, £ - 100 (Standard) and 10,000 (Premium)	200 € (But it can change at their discretion)
💰 Payment Methods
Visa Mastercard Maestro Skrill UnionPay Bank Transfer	Bank Wire Credit Card Debit Card
💵 Account Base Currencies
3 - EUR, USD, GBP	1 - EUR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, BE, CN, SG, CH	US, CA, SY, IR, JP.
📊 STP Account
No	Yes
📊 DMA Account
No	No
📊 ECN Account
No	No
Assets
📚 Available Assets
CFDs on currencies, bonds, indices, shares, ETFs, commodities and cryptocurrencies.	CFDs on currencies, commodities, indices, shares, ETFs and cryptocurrencies
📙 Stocks
5,000 CFDs (250 are commission free)	400+
📘 Currency Pairs
60	50+
📗 Commodities
17	19
📕 Indices
20	32
📔 ETFs
19	42
💸 Cryptocurrencies
5	41
📒 Bonds
8	N/A
📓 Options
N/A	N/A
📗 Futures
45	N/A
📝 Notes:
ETX Capital offers CFDs, spread betting and futures.	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
1 Share	$2,500 in trade value
📉 Minimum ETFs Trade Size
1 ETF	$2,500 in trade value
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC)	$2,500 in trade value
📉 Minimum FX Trade Size
$1,000 (0.01 lots)	$2,500 in trade value
📈 Minimum Commodities Trade Size
Varies per commodity (Eg 0.1 for WTI, 1 for Cotton)	$2,500 in trade value
📉 Minimum Bonds Trade Size
1 unit	N/A
📈 Minimum Futures Trade Size
Varies per futures contract (Eg: 0.1 Copper, 1 for Bonds)	N/A
📉 Minimum Options Trade Size
N/A	N/A
💪 Retail Leverage
Up to 1:30	Up to 1:30
💪 Professional Leverage
Up to 1:500	Up to 1:500
✍ 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
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
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
Yes, depending on asset class. (Eg: U.S shares have a 2 cents per share charge with a minimum of $15 per order, European shares have a 0.1% of transaction value charge with a minimum 10 € charge)	No
Spreads
📈 EUR/USD
Dynamic - From 0.6 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 60 Pips	Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 60 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $13	Dynamic - From $3
📈 XLK (ETF - CFD)
N/A	Dynamic - From 30 Pips
📉 BTC
Dynamic - Eg. $226.4	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