OvalX Vs. Vestle - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 73.85% of retail CFD accounts lose money.	Visit This broker is no longer active.
Overview
OvalX (formerly ETX Capital) offers 60 currency pairs and a wide selection of equities for the beginning and experienced investors with no deposit and withdrawal fees.	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
Forex traders for variety of currencies and high net worth equities Traders seeking commission free equities inside their 250 commission-less selection Traders who want to trade commodity futures and bonds	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
FCA (UK) FSCA (South Africa) CySec (Cyprus)	CySec (Cyprus)
The Good
Commission-free trades for 250 equities Low minimum deposit to open standard account (100£) Wide selection of commodity futures and bonds Decent educational material for market research, including seminars on indices, commodities and currencies	Extremely simple platform designed for beginners with little needs
The Bad
Doesn’t provide live news feed on standard account No ability to purchase real stocks or ETFs (All assets are CFDs) Expensive commissions on shares (Eg minimum $15 on US shares, 10 € on EU shares)	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
1965	2018
💳 Minimum Deposit Range
From $100 to $10,000	$200
💰 Payment Methods
Visa Mastercard Maestro Skrill UnionPay Bank Transfer	Bank Wire Credit Card Debit Card
💵 Account Base Currencies
3 - EUR, USD, GBP	1 - EUR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, BE, CN, SG, CH.	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
CFDs	CFDs
Total Asset Offering
5,174	584
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
5,000	400
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
60	50
📗 Commodities
0	0
📗 Commodities CFDs
17	19
📕 Indices
0	0
📕 Indices CFDs
20	32
📔 ETFs
0	0
📔 ETFs CFDs
19	42
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
5	41
📒 Bonds
0	0
📒 Bonds CFDs
8	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
45	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	$2,500 trade value
📉 Minimum ETFs Trade Size
1 ETF	$2,500 trade value
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC)	$2,500 trade value
📉 Minimum FX Trade Size
$1,000 (0.01 lots)	$2,500 trade value
📈 Minimum Commodities Trade Size
Varies per commodity (Eg 0.1 for WTI, 1 for Cotton)	$2,500 trade value
📉 Minimum Bonds Trade Size
1 Bond	Unavailable
📈 Minimum Futures Trade Size
Varies per futures contract (Eg: 0.1 Copper, 1 for Bonds)	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
No	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	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
None	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
Depending on asset class. (Eg: U.S shares have a 2 cents per share charge with a minimum of $15 per order, European shares have a 0.1% of transaction value charge with a minimum 10 € charge)	None
Spreads
📈 EUR/USD
Dynamic - From 0.6 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 60 Pips	Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 60 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $13	Dynamic - From $3
📈 XLK (ETF - CFD)
Unavailable	Dynamic - From 30 Pips
📉 BTC
Dynamic - From $226.4	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
📡 Educational Content
No	Yes
📡 Live Chat Support
No	No
📡 Video Tutorials
No	Yes
📡 Account Management
No	Yes
📡 Webinars
No	No