Pepperstone
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74-89% of retail CFD accounts lose money

Vs.

Vestle
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76.68% of retail CFD accounts lose money

Pepperstone Vs. Vestle - Compare and Choose the Right One

Updated Jan 23 2022

Visit

74-89% of retail CFD accounts lose money

Visit

76.68% of retail CFD accounts lose money

Overview

Pepperstone is an Australian broker founded in 2010 with the aim of providing a professional trading experience with low fees and tight spreads. Currently Pepperstone counts with 7 financial licenses and operates in almost every country around the world.

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 that day-trade or scalp
  • Algorithmic traders using their own custom built robots
  • Experienced traders
  • Beginner traders with little to no experience looking to test a simple platform
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The Good
  • Well regulated on several jurisdictions
  • Low latency, fast execution under 30ms
  • Competitive spreads and low commissions from 0.0 pips on their Razor account
  • Extremely simple platform designed for beginners with little needs
The Bad
  • Avaliable asset offering is not that comprehensive
  • 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
Key Data
⌛ Account Opening Time
Up to 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.

🏛 Financial Regulators
  • BaFin (Germany)
  • FCA (UK)
  • ASIC (Australia)
  • ADGM (United Arab Emirates)
  • CySec (Cyprus)
  • SCB (Bahamas)
  • CMA (Kenya)
  • Cyprus Securities and Exchange Commission
📍 Year Founded
2010 2018
💳 Minimum Deposit
$200

200 € (But it can change at their discretion)

💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Neteller
  • Skrill
  • Bank Wire
  • Credit Card
  • Debit Card
💵 Account Base Currencies
9 - USD, GBP, AUD, EUR, CHF, HKD, SGD, JPY and NZD 1 - EUR
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
CA, NZ, JP, BE, KR, KZ, AR, PR. US, CA, SY, IR, JP.
📊 STP Account
Yes Yes
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies and indices.

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

📙 Stocks
1,300 + 400+
📘 Currency Pairs
60 50+
📗 Commodities
31 19
📕 Indices
28 32
📔 ETFs
100 42
💸 Cryptocurrencies
20 41
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:
All Pepperstone 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
Varies by ETF $2,500 in trade value
📈 Minimum Crypto Trade Size
Varies by Crypto (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: 0.1 Troy ounces of Gold) $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
1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ 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
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
  • For Standard account : All fees included in the spread
  • For Razor account: From $7 per Lot round turn
No
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.6 Pips Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 0 to 0.6 Pips Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 0.6 Pips on Average Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $3
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - From 30 Pips
📉 BTC
From 30 Pips 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

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