Forex.com Vs. Vestle - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 67.6% of retail CFD accounts lose money.	Visit This broker is no longer active.
Overview
Forex.com is a global broker headquartered in the U.S and part of StoneX (publicly traded company on NASDAQ) that specialises in offering CFDs based on commodities, currencies, indices, stocks, ETFs, shares, bonds and cryptocurrencies.	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
Traders of all levels (beginner to advanced) looking for competitive pricing Trades of all levels looking for a great platform variety High volume traders looking for ECN or DMA accounts offering deep liquidity for large trades	Beginner traders with little to no experience looking to test a simple platform
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 4 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
FINRA (United States) FCA (UK) FFAJ (Japan) IIROC (Canada) CySec (Cyprus) CIMA (Cayman Islands)	CySec (Cyprus)
The Good
Great platform offering (Proprietary, TradingView, MetaTrader 4 & 5) Excellent asset offering (more than 5,000+ instruments) Competitive spreads in some of their assets	Extremely simple platform designed for beginners with little needs
The Bad
Despite presenting a great customisable platform, it still feels messy and not intuitive to use Commissions are expensive when compared to similar competitors	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
$100	$200
💰 Payment Methods
Visa Mastercard Skrill Neteller Bank Transfer	Bank Wire Credit Card Debit Card
💵 Account Base Currencies
6 - GBP, USD, EUR, AUD, JPY, CHF.	1 - EUR
🗽 Available to U.S Citizens
Yes	No
❌ Restricted Countries
None	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
CFDs	CFDs
Total Asset Offering
5,371	584
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
4,500	400
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
93	50
📗 Commodities
0	0
📗 Commodities CFDs
35	19
📕 Indices
0	0
📕 Indices CFDs
24	32
📔 ETFs
0	0
📔 ETFs CFDs
700	42
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
5	41
📒 Bonds
0	0
📒 Bonds CFDs
14	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Varies per share (eg: 0.3 AMZN shares)	$2,500 trade value
📉 Minimum ETFs Trade Size
Varies per ETF (eg: 5 contracts of XLK)	$2,500 trade value
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (eg: 0.01 BTC)	$2,500 trade value
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$2,500 trade value
📈 Minimum Commodities Trade Size
Varies per commodity (eg: 1 contract of Gold)	$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
No	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	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
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
$15 monthly after 1 year of inactivity.	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
Depending on account type. Standard account has no commissions “Commission Account” and “DMA Account” have a flat $5 fee commission per lot round turn	None
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 60 Pips	Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 50 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $3
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - From 30 Pips
📉 BTC
Dynamic - From $120	Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
Yes	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
Yes	Yes
📡 Account Management
No	Yes
📡 Webinars
No	No