iFOREX Europe Vs. Vestle - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 89.13% of retail CFD accounts lose money.	Visit This broker is no longer active.
Overview
iFOREX Europe (formerly Vestle) is the Europe brand part of the global iForex Group that specialises in CFD trading and offers over 600 instruments over currencies, commodities, indices, shares, ETFs 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
Beginner traders with little to no experience looking to test a simple platform	Beginner traders with little to no experience looking to test a simple platform
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 1 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)	CySec (Cyprus)
The Good
Extremely simple platform designed for beginners with little needs	Extremely simple platform designed for beginners with little needs
The Bad
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	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
2018	2018
💳 Minimum Deposit Range
$200	$200
💰 Payment Methods
Bank Transfer Credit Card Debit Card	Bank Wire Credit Card Debit Card
💵 Account Base Currencies
1 - EUR	1 - EUR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR, JP.	US, CA, SY, IR, JP.
📊 STP Account
Yes	Yes
📊 DMA Account
No	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
584	584
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
400	400
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
50	50
📗 Commodities
0	0
📗 Commodities CFDs
19	19
📕 Indices
0	0
📕 Indices CFDs
32	32
📔 ETFs
0	0
📔 ETFs CFDs
42	42
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
41	41
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$2,500 in trade value	$2,500 trade value
📉 Minimum ETFs Trade Size
$2,500 in trade value	$2,500 trade value
📈 Minimum Crypto Trade Size
$2,500 in trade value	$2,500 trade value
📉 Minimum FX Trade Size
$2,500 in trade value	$2,500 trade value
📈 Minimum Commodities Trade Size
$2,500 in trade value	$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
No	No
📺 MetaTrader 5
No	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	No
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
iFOREX Europe charges an inactivity fee of $15 for every quarter of inactivity.	Vestle charges an inactivity fee of $15 for every quarter of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
No for credit cards but yes for bank wires (up to $20).	No for credit cards but yes for bank wires (up to $20).
💰 Commissions
None	None
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 90 Pips	Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 35 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3	Dynamic - From $3
📈 XLK (ETF - CFD)
Dynamic - From 30 Pips	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
No	No
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
No	No
📡 Video Tutorials
No	Yes
📡 Account Management
Yes	Yes
📡 Webinars
Yes	No