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


Visit 82% of retail CFD accounts lose money.	Visit This broker is no longer active.
Overview
Established in 2012, Valutrades offers 70 plus currencies pairs, commodities and indices trading for beginner and advanced traders through its MT4, MT5 and ECN accounts. It doesn’t offer equities trading.	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
Currency traders looking for an ECN broker Professional currency traders looking for an API offering Traders looking for a narrow range of commodities, cryptocurrencies	Beginner traders with little to no experience looking to test a simple platform
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 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
FSAS (Seychelles) FCA (UK)	CySec (Cyprus)
The Good
Scalping is allowed (great for professional traders) Competitive commissions of $3 per lot round turn Access to ECN or DMA accounts	Extremely simple platform designed for beginners with little needs
The Bad
Asset offering is poor (only 80 instruments and no stocks or ETFs) Doesn’t have its on trading application	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
2012	2018
💳 Minimum Deposit Range
0	$200
💰 Payment Methods
Visa Mastercard Maestro American Express AstroPay Diners SticPay PayPal Skrill Neteller e-wallets Wire transfers Giropay iDEAL JCB Klarna POLiPaysafecard Przelwy24 Rapid Transfer AliPay	Bank Wire Credit Card Debit Card
💵 Account Base Currencies
13 - AUD, CAD, CHF, EUR, GBP, HKD, JPY, NOK, NZD,SGD, SEK, USD, ZAR	1 - EUR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, IR, SY.	US, CA, SY, IR, JP.
📊 STP Account
No	Yes
📊 DMA Account
Yes	No
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
133	584
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
0	400
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
73	50
📗 Commodities
0	0
📗 Commodities CFDs
5	19
📕 Indices
0	0
📕 Indices CFDs
25	32
📔 ETFs
0	0
📔 ETFs CFDs
0	42
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
4	41
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
26	0
Trading Experience
📈 Minimum Stock Trade Size
Unavailable	$2,500 trade value
📉 Minimum ETFs Trade Size
Unavailable	$2,500 trade value
📈 Minimum Crypto Trade Size
Varies per 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: 0.01 Contracts of Gold)	$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
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
No	Yes
📱 Android App
No	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
📺 cTrader
No	No
💻 Web trader
No	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
Yes	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
Three free withdrawals a month, then 5% processing fee.	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
Yes (Eg: Forex commission of $3 per side with ECN account).	None
Spreads
📈 EUR/USD
Dynamic - From 0.1 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 34 Pips	Dynamic - From 90 Pips
📈 GOLD
Dynamic - From 22 Pips	Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Unavailable	Dynamic - From $3
📈 XLK (ETF - CFD)
Unavailable	Dynamic - From 30 Pips
📉 BTC
Dynamic - From $90	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
No	Yes
📡 Webinars
No	No