HF Markets (HFM) Vs. Vestle - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 71.24% of retail CFD accounts lose money.	Visit This broker is no longer active.
Overview
HF Markets (HFM) is a global broker founded in 2010 under the brand name HotForex that specialises in CFDs trading on currencies, commodities, indices, stocks, ETFs, bonds and futures. Recently they added to their portfolio commission-free real stocks and ETFs.	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
Low volume traders looking for a low minimum deposit, low trade size and competitive spreads High volume traders looking for a competitive commission-driven environment through their zero spread account Traders looking to copy or provide knowledge via their HFCopy account	Beginner traders with little to no experience looking to test a simple platform
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 5 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) DFSA (United Arab Emirates) FSCA (South Africa) FSA (Seychelles) FSA (St. Vincent and the Grenadines) CMA (Kenya)	CySec (Cyprus)
The Good
Well-structured account offering with options for all types of traders Competitive commissions on their Zero Spread and PAMM accounts Copy trading via MT4 / 5 offered through their HF Copy account	Extremely simple platform designed for beginners with little needs
The Bad
Platform offering is limited to MetaTrader 4 and 5 Asset offering in CFDs is below industry standards with 1,200 CFDs Their proprietary mobile app does not offer trading capabilities	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
2010	2018
💳 Minimum Deposit Range
0	$200
💰 Payment Methods
Visa Mastercard Neteller Skrill Sofort FasaPay WebMoney BitPay PayRetailers PayRedeem Bank Transfer	Bank Wire Credit Card Debit Card
💵 Account Base Currencies
6 - USD, EUR, NGN, JPY, ZAR, THB.	1 - EUR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	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
Hybrid	CFDs
Total Asset Offering
2,295	584
Exchange Access
0	0
📙 Real Stocks
2,113	0
📙 Stock CFDs
54	400
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
53	50
📗 Commodities
0	0
📗 Commodities CFDs
13	19
📕 Indices
0	0
📕 Indices CFDs
11	32
📔 ETFs
0	0
📔 ETFs CFDs
34	42
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
0	41
📒 Bonds
0	0
📒 Bonds CFDs
3	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
14	0
Trading Experience
📈 Minimum Stock Trade Size
$5 - Fractions Allowed	$2,500 trade value
📉 Minimum ETFs Trade Size
$5 - Fractions Allowed	$2,500 trade value
📈 Minimum Crypto Trade Size
Unavailable	$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
$1,000 (0.01 Lots)	Unavailable
📈 Minimum Futures Trade Size
$1,000 (0.01 Lots)	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
2000	30
💪 Professional Leverage
Unavailable	500
✍ Customisable Leverage
Yes	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
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
Yes, $5 monthly after 6 months 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
Yes depending on account type: Micro accounts have no commissions. Premium accounts have no commissions Zero Spread accounts have a minimum commission that varies between $3 to $4 per lot traded PAMM (Premium) accounts have no commission PAMM (Premium Plus) accounts have a commission of $8 per lot round turn HFCopy accounts have no commissions	None
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.3 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 41 Pips	Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 25 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.33	Dynamic - From $3
📈 XLK (ETF - CFD)
Unavailable	Dynamic - From 30 Pips
📉 BTC
Unavailable	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
No	Yes
📡 Account Management
No	Yes
📡 Webinars
Yes	No