Nextmarkets
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52.55% of retail CFD accounts lose money.

Vs.

Vestle
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76.68% of retail CFD accounts lose money.

Nextmarkets Vs. Vestle - Compare and Choose the Right One

Updated May 13 2022

Visit

52.55% of retail CFD accounts lose money.

Visit

76.68% of retail CFD accounts lose money.

Overview

Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas.

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
  • New investors and traders looking to explore their social and copy trading offering via live coaches
  • New investors and traders looking for a simple and friendly mobile app for commission-free investing in stocks or equities
  • 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
  • MFSA (Malta Financial Services Authority)
  • CySec (Cyprus)
The Good
  • Their “trading ideas” and “live coaches” offering is quite interesting and provides a lot of value for new traders
  • Their proprietary platform is very simple and easy to use
  • Their equities offering is completely commission-free
  • Extremely simple platform designed for beginners with little needs
The Bad
  • Asides from stocks and ETFs, their asset offering lacks variety
  • Their web platform is completely impractical to use for professional trading
  • They don’t let you enjoy your demo trading experience in peace, there is a constant pop-up asking you to fund your account at all times
  • 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
2014 2018
💳 Minimum Deposit
0

200 € (But it can change at their discretion)

💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Bank Wire
  • Credit Card
  • Debit Card
💵 Account Base Currencies
2 - EUR, GBP. 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
Yes No
📊 ECN Account
No No
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on stocks, ETFs, commodities, indices, currencies, bonds and cryptocurrencies.

CFDs on currencies, commodities, indices, shares, ETFs and cryptocurrencies

📙 Stocks
8,000+ 400+
📘 Currency Pairs
22 50+
📗 Commodities
5 19
📕 Indices
5 32
📔 ETFs
1,000+ 42
💸 Cryptocurrencies
4 41
📒 Bonds
1 N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:

Nextmarkets provides both CFDs and real stocks or ETFs.

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
1 Share $2,500 in trade value
📉 Minimum ETFs Trade Size
1 ETF $2,500 in trade value
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (eg: 0.1 BTC with leverage 1:2) $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 - 1 trojan ounce) $2,500 in trade value
📉 Minimum Bonds Trade Size
N/A 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 1:100 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
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
No No
👬 Copy Trading
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No 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 No
Spreads
📈 EUR/USD
Dynamic - From 0.6 Pips Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 50 Pips Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 40 Pips Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $2 Dynamic - From $3
📈 XLK (ETF - CFD)
Dynamic - From $0.1 to 0.3 Dynamic - From 30 Pips
📉 BTC
Dynamic - From $125 Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
No Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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