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


Visit This broker is no longer active.	Visit 69.23% of retail CFD accounts lose money.
Overview
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.	AAATrade is a Cyprus based broker established in 2013, that offers a variety of financial instruments including contracts for difference (CFDs), forex, stock, commodities, cryptocurrencies and others.
Best For
Beginner traders with little to no experience looking to test a simple platform	Beginner traders looking for a simple web and mobile platform to get started Passive investors looking for real equity
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	Simple and friendly proprietary trading platform Intuitive overview of account analytics Wide variety of CFDs and real equities
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	Above-average FX spreads High fees (depending on the deposit / withdrawal methods) High deposit requirements for advanced services ($25,000 , $100,000)
Status
Inactive	Operational
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	2013
💳 Minimum Deposit Range
$200	$500
💰 Payment Methods
Bank Wire Credit Card Debit Card	Credit Card Debit Card Wire Transfer Skrill Neteller FasaPay UnionPay Giropay QIWI Cryptocurrencies
💵 Account Base Currencies
1 - EUR	3 - EUR, USD, GBP.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR, JP.	US, AS, AI, BB, FJ, GU, PW, PA, WS, SC, TT, VU, AL, BS, BW, KH, GH, JM, MU, MM, NI, PK, UG, SY, YE, ZW, IR, KR, AF, IQ, MN.
📊 STP Account
Yes	Yes
📊 DMA Account
No	Yes
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
584	2,162
Exchange Access
0	25
📙 Real Stocks
0	1,000
📙 Stock CFDs
400	1,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
50	80
📗 Commodities
0	0
📗 Commodities CFDs
19	4
📕 Indices
0	0
📕 Indices CFDs
32	12
📔 ETFs
0	0
📔 ETFs CFDs
42	5
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
41	50
📒 Bonds
0	0
📒 Bonds CFDs
0	4
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	7
Trading Experience
📈 Minimum Stock Trade Size
$2,500 trade value	1 share
📉 Minimum ETFs Trade Size
$2,500 trade value	1 ETF
📈 Minimum Crypto Trade Size
$2,500 trade value	Varies per Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$2,500 trade value	$1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
$2,500 trade value	$1,000 (0.01 lots)
📉 Minimum Bonds Trade Size
Unavailable	100 units
📈 Minimum Futures Trade Size
Unavailable	$1,000 (0.01 lots)
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
No	No
📺 MetaTrader 5
No	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
Vestle charges an inactivity fee of $15 for every quarter of inactivity.	€15 after 3 months of inactivity.
💰 Deposit Fees
None	From 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.
💰 Withdrawal Fees
No for credit cards but yes for bank wires (up to $20).	Wire transfers have a €10 fee.
💰 Commissions
None	No commissions on novice accounts. Commission free trading for stock ETFs on Experienced accounts FX commissions are $4-$8 per lot depending whether the pair is major, minor or exotic.
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips	Dynamic - From 2 Pips
📉 SP500
Dynamic - From 90 Pips	Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 35 Pips	Dynamic - From 95 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3	Dynamic - From $0.21
📈 XLK (ETF - CFD)
Dynamic - From 30 Pips	Dynamic - From $0.01
📉 BTC
Dynamic - From $120	Dynamic - From $511
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
No	No
📡 Video Tutorials
Yes	No
📡 Account Management
Yes	Yes
📡 Webinars
No	No