IC Markets Vs. Vestle - Compare and Choose the Right One


Visit 75.93% of retail CFD accounts lose money.	Visit 76.68% of retail CFD accounts lose money.
Overview
IC Markets is an Australian broker with a global presence specialising in Forex trading. One of their greatest advantages is providing RAW spread accounts with interbank pricing.	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
Professional traders looking for Interbank rates High volume traders that will save great amounts of costs with their low spreads and commissions	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
ASIC (Australia) CySec (Cyprus) FSA (Seychelles)	CySec (Cyprus)
The Good
Customisable leverage per asset before opening trades Interbank rates and low commissions Great platform variety	Extremely simple platform designed for beginners with little needs
The Bad
Avaliable assets are limited (Also No ETFs) No ability to purchase real stocks or cryptocurrencies, only CFDs	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	Operational
Recent News
N/A	N/A
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
$200	200 € (But it can change at their discretion)
💰 Payment Methods
Visa Mastercard Bank Transfer Bitcoin Sofort Paypal Neteller Skrill	Bank Wire Credit Card Debit Card
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.	1 - EUR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, IL.	US, CA, SY, IR, JP.
📊 STP Account
Yes	Yes
📊 DMA Account
No	No
📊 ECN Account
Yes	No
Assets
📚 Available Assets
CFDs on stocks, currencies, commodities, cryptocurrencies and indices	CFDs on currencies, commodities, indices, shares, ETFs and cryptocurrencies
📙 Stocks
1,600 +	400+
📘 Currency Pairs
61	50+
📗 Commodities
22	19
📕 Indices
25	32
📔 ETFs
N/A	42
💸 Cryptocurrencies
18	41
📒 Bonds
11	N/A
📓 Options
N/A	N/A
📗 Futures
4	N/A
📝 Notes:
All ICMarkets 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 by Stock	$2,500 in trade value
📉 Minimum ETFs Trade Size
N/A	$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 by Commodity (Eg: 0.01 Troy ounces of Gold)	$2,500 in trade value
📉 Minimum Bonds Trade Size
Varies by Bond	N/A
📈 Minimum Futures Trade Size
Varies by Future	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
Yes	No
🎲 Deleveraged Trading
No	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
No	No
💻 Proprietary Platform
No	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
No commissions in standard accounts but rather a 1 Pip spread markup on interbank prices received. For Raw spreads accounts, $7 per lot round turn.	No
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.6 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 20 to 45 Pips	Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 30 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $3
📈 XLK (ETF - CFD)
N/A	Dynamic - From 30 Pips
📉 BTC
Dynamic - From $8.7 to $42	Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No