Vestle
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This broker is no longer active.

Vs.

Admiral Markets
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81% of retail CFD accounts lose money.

Vestle Vs. Admiral Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Oct 20 2022

Visit

This broker is no longer active.

Visit

81% 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.

Admiral Markets (now Admirals) is a global broker headquartered in Estonia with a comprehensive asset offering (5000+) in CFDs and real stocks or ETFs along with MetaTrader 4 & 5.

Best For
  • Beginner traders with little to no experience looking to test a simple platform
  • Beginners looking to get started investing in stocks or ETFs
  • Intermediate and advanced traders looking to trade CFDs
  • Professional traders and asset managers 
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

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • ASIC (Australia)
  • CySec (Cyprus)
  • FCA (United Kingdom)
  • JSC (Jordan)
The Good
  • Extremely simple platform designed for beginners with little needs
  • Broad offering of 5000+ assets including CFDs, real stocks and ETFs
  • MetaTrader 4 & 5 along their propietary trading app
  • Tools for professionals and asset managers
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
  • Costly spreads in some of their assets when compared to similar competitors
  • No propietary web trading platform 
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 2001
💳 Minimum Deposit Range
$200 $100
💰 Payment Methods
  • Bank Wire
  • Credit Card
  • Debit Card
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
💵 Account Base Currencies
1 - EUR 10 -EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR, JP.

US, CA.

📊 STP Account
Yes Yes
📊 DMA Account
No Yes
📊 ECN Account
No No
Banking License
No No
Debit Card
No Yes
Assets
📚 Assets Type
CFDs Hybrid
Total Asset Offering
584 4,559
Exchange Access
0 1
📙 Real Stocks
0 0
📙 Stock CFDs
400 3,254
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
50 40
📗 Commodities
0 0
📗 Commodities CFDs
19 28
📕 Indices
0 0
📕 Indices CFDs
32 43
📔 ETFs
0 778
📔 ETFs CFDs
42 372
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
41 42
📒 Bonds
0 0
📒 Bonds CFDs
0 2
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
$2,500 trade value Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
$2,500 trade value Unavailable
📈 Minimum Crypto Trade Size
$2,500 trade value Varies by cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$2,500 trade value $1000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$2,500 trade value Varies by Commodity (Eg: 1 Troy ounce of Gold)
📉 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
Yes Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
No Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
No No
👬 Copy Trading
No Yes
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No Yes
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee

Vestle charges an inactivity fee of $15 for every quarter of inactivity.

$10 monthly after 24 months of inactivity.

💰 Deposit Fees
None None
💰 Withdrawal Fees

No for credit cards but yes for bank wires (up to $20).

None
💰 Commissions
None

Depending on account type (eg: Zero MT4 or 5 accounts have a $3 per lot round turn commission, ASX shares have a 0.15% fee, etc)

Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips From 0.8 Pips
📉 SP500
Dynamic - From 90 Pips From 50 Pips
📈 GOLD
Dynamic - From 35 Pips Dynamic - From 20 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3 Dynamic - From $1.45
📈 XLK (ETF - CFD)
Dynamic - From 30 Pips Dynamic - From 2 Pips
📉 BTC
Dynamic - From $120 Variable - From $208
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No
📡 Educational Content
Yes Yes
📡 Live Chat Support
No Yes
📡 Video Tutorials
Yes No
📡 Account Management
Yes Yes
📡 Webinars
No Yes