Updated May 13 2022
Overview | |
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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 is a new brokerage brand part of the iForex Group that specialises in CFD trading and offers over 600 instruments over currencies, commodities, indices, shares, ETFs and cryptocurrencies. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 4 Other Licenses 2 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 | Operational |
Recent News | |
N/A | N/A |
Key Data | |
⌛ Account Opening Time | |
1 Day | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2001 | 2018 |
💳 Minimum Deposit | |
$100 | 200 € (But it can change at their discretion) |
💰 Payment Methods | |
💵 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 | Assets |
📚 Available Assets | |
📙 Stocks | |
4,500+ | 400+ |
📘 Currency Pairs | |
93 | 50+ |
📗 Commodities | |
35 | 19 |
📕 Indices | |
24 | 32 |
📔 ETFs | |
700+ | 42 |
💸 Cryptocurrencies | |
5 | 41 |
📒 Bonds | |
14 | N/A |
📓 Options | |
N/A | N/A |
📗 Futures | |
N/A | N/A |
📝 Notes: | |
All of Forex.com’s assets are CFDs. |
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 | |
Varies per share (eg: 0.3 AMZN shares) | $2,500 in trade value |
📉 Minimum ETFs Trade Size | |
Varies per ETF (eg: 5 contracts of XLK) | $2,500 in trade value |
📈 Minimum Crypto Trade Size | |
Varies per 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: 1 contract of Gold) | $2,500 in trade value |
📉 Minimum Bonds Trade Size | |
Varies per Bond (eg: 1 contract of Euro Bobl) | N/A |
📈 Minimum Futures Trade Size | |
N/A | 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 | |
Yes | Yes |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | No |
📺 MetaTrader 5 | |
Yes | 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 | |
Yes, $15 monthly after 1 year of inactivity. |
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 account type.
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No | Spreads |
📈 EUR/USD | |
Dynamic - From 0.8 Pips | Dynamic - From 0.7 Pips |
📉 SP500 | |
From 60 Pips | Dynamic - From 90 Pips |
📈 GOLD | |
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 | |
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 |