Updated May 13 2022
Overview | |
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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. |
DEGIRO is a European leading stock broker providing access to more than 50 stock exchanges around the world with low commissions per trade and a simple to use platform. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 0 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
Key Data | |
⌛ Account Opening Time | |
1 Day | 1 day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2018 | 2008 |
💳 Minimum Deposit | |
200 € (But it can change at their discretion) |
0 |
💰 Payment Methods | |
💵 Account Base Currencies | |
1 - EUR | 3 - USD, GBP, EUR. |
🗽 Available to U.S Citizens | |
No | No |
❌ Restricted Countries | |
US, CA, SY, IR, JP. | DEGIRO only provides services to citizens of Czech Republic, Spain, Ireland, Norway, Poland, Sweden, Denmark, Greece, Italy, Portugal, Switzerland, Germany, France, Netherlands, Finland and the United Kingdom. The rest of the countries worldwide are not able to use DEGIRO's services. |
📊 STP Account | |
Yes | No |
📊 DMA Account | |
No | Yes |
📊 ECN Account | |
No | No | Assets |
📚 Available Assets | |
📙 Stocks | |
400+ | 25,000+ |
📘 Currency Pairs | |
50+ | 5 |
📗 Commodities | |
19 | N/A |
📕 Indices | |
32 | 25 |
📔 ETFs | |
42 | 6,700 |
💸 Cryptocurrencies | |
41 | N/A |
📒 Bonds | |
N/A | 500+ |
📓 Options | |
N/A | 250,000+ |
📗 Futures | |
N/A | 10,000+ |
📝 Notes: | |
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. |
DEGIRO is a traditional DMA broker, which means you buy or sell real shares upon availability from stock exchanges across the globe. Their asset offering is virtually unlimited as it depends on exchange's availability. |
Trading Experience |
📈 Minimum Stock Trade Size | |
$2,500 in trade value | N/A |
📉 Minimum ETFs Trade Size | |
$2,500 in trade value | N/A |
📈 Minimum Crypto Trade Size | |
$2,500 in trade value | N/A |
📉 Minimum FX Trade Size | |
$2,500 in trade value | N/A |
📈 Minimum Commodities Trade Size | |
$2,500 in trade value | N/A |
📉 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 | |
Up to 1:30 | N/A |
💪 Professional Leverage | |
Up to 1:500 | N/A |
✍ Customisable Leverage | |
No | N/A |
🎲 Deleveraged Trading | |
Yes | Yes |
🎓 Demo Account | |
Yes | No |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
No | No |
📺 MetaTrader 5 | |
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 | No | Fees |
💰 Inactivity Fee | |
Vestle charges an inactivity fee of $15 for every quarter of inactivity. |
No |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No for credit cards but yes for bank wires (up to $20). |
No |
💰 Commissions | |
No | Yes and varies per asset and exchange, eg: If you were to purchase £2,000 worth of Apple shares at a price of $300 your total commission would have been £0.44. |
Spreads |
📈 EUR/USD | |
Dynamic - From 0.7 Pips | N/A |
📉 SP500 | |
Dynamic - From 90 Pips | N/A |
📈 GOLD | |
Dynamic - From 35 Pips | N/A |
📉 TSLA (Stock CFD) | |
Dynamic - From $3 | Dynamic - Market Spread |
📈 XLK (ETF - CFD) | |
Dynamic - From 30 Pips | Dynamic - Market Spread |
📉 BTC | |
Dynamic - From $120 | N/A | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
No | Yes |
📡 Reuters Feed | |
No | No |