Vestle Vs. Axi (AxiTrader) - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit This broker is no longer active.	Visit 74.1% 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.	Axi (previously known as AxiTrader) is an Australian broker offering CFDs products on FX, Stocks, Indices, Commodities and Cryptocurrencies.
Best For
Beginner traders with little to no experience looking to test a simple platform	Experienced FX Traders looking to benefit from their custom account offering High volume traders looking to benefit from their 0 pips spreads
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 3 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	ASIC (Australia) FCA (Uk) ADGM (United Arab Emirates) SVGFSA (St. Vincent & the Grenadines)
The Good
Extremely simple platform designed for beginners with little needs	Competitive account offering for all trader levels with spreads from 0 pips
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	All assets are CFDs (No real stocks or ETFs offered) Extremely low asset offering (around 150 instruments)
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	2007
💳 Minimum Deposit Range
$200	0
💰 Payment Methods
Bank Wire Credit Card Debit Card	Visa Mastercard Bank Transfer Neteller Skrill Sofort Giropay iDeal Polish Internet Banking Global Collect
💵 Account Base Currencies
1 - EUR	10 - AUD, CAD, CHF, EUR, HKD, JPY, NZD, PLN, SGD, USD
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR, JP.	None
📊 STP Account
Yes	No
📊 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	229
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
400	50
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
50	140
📗 Commodities
0	0
📗 Commodities CFDs
19	14
📕 Indices
0	0
📕 Indices CFDs
32	14
📔 ETFs
0	0
📔 ETFs CFDs
42	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
41	11
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$2,500 trade value	$1,000 (0.01 Lots)
📉 Minimum ETFs Trade Size
$2,500 trade value	Unavailable
📈 Minimum Crypto Trade Size
$2,500 trade value	$1,000 (0.01 Lots)
📉 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	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	400
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
No	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	No
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
Vestle charges an inactivity fee of $15 for every quarter of inactivity.	$10 monthly after 1 year of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
No for credit cards but yes for bank wires (up to $20).	None
💰 Commissions
None	Varies per account type: Standard: None Pro: $3.50 per lot Elite: $1.75 per lot)
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips	Dynamic - From 0 to 1.4 Pips
📉 SP500
Dynamic - From 90 Pips	Dynamic - From 90 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	Unavailable
📉 BTC
Dynamic - From $120	Dynamic - From $40
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	No
📡 Webinars
No	Yes