πŸ“ˆ Ready to trade smarter?

Sign up now for early access to future courses and exclusive broker discounts. Don't miss your chance to elevate your trading game! πŸš€

    We respect your privacy. Unsubscribe at any time.

    Vestle
    Visit

    This broker is no longer active.

    Vs.

    eToro
    Visit

    74% of retail CFD accounts lose money.

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

    Updated Oct 20 2022

    Visit

    This broker is no longer active.

    Visit

    74% 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.

    eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.

    Best For
    • Beginner traders with little to no experience looking to test a simple platform
    • New traders looking to use the copy trading feature
    • Experienced traders looking to monetise their skills by gaining followers
    • Passive investors looking to buy and hold shares with no commissions
    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
    πŸ› Financial Regulators
    • CySec (Cyprus)
    • CySec (Cyprus)
    • FCA (UK)
    • ASIC (Australia)
    • FSAS (Seychelles)
    The Good
    • Extremely simple platform designed for beginners with little needs
    • Social and Copy trading capabilities
    • Trading real shares and cryptocurrencies
    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
    • Copy Trading statistics are not clear enough
    • Lack of advanced order placement controls
    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
    βŒ› Account Opening Time
    1 day 1 day
    πŸ“‹ 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.

    πŸ“ Year Founded
    2018 2007
    πŸ’³ Minimum Deposit Range
    $200 From $50 to $200
    πŸ’° Payment Methods
    • Bank Wire
    • Credit Card
    • Debit Card
    • Visa
    • Mastercard
    • Bank Transfer
    • Sofort
    • Neteller
    • Paypal
    • Skrill
    πŸ’΅ Account Base Currencies
    1 - EUR 1 - USD.
    πŸ—½ Available to U.S Citizens
    No Yes
    ❌ Restricted Countries

    US, CA, SY, IR, JP.

    AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM.

    πŸ“Š STP Account
    Yes Yes
    πŸ“Š DMA Account
    No Yes
    πŸ“Š ECN Account
    No No
    Banking License
    No No
    Debit Card
    No No
    Assets
    πŸ“š Assets Type
    CFDs Hybrid
    Total Asset Offering
    584 4,245
    Exchange Access
    0 0
    πŸ“™ Real Stocks
    0 2,000
    πŸ“™ Stock CFDs
    400 2,000
    πŸ“˜ Currency Pairs
    0 0
    πŸ“˜ Currency Pair CFDs
    50 47
    πŸ“— Commodities
    0 0
    πŸ“— Commodities CFDs
    19 14
    πŸ“• Indices
    0 0
    πŸ“• Indices CFDs
    32 13
    πŸ“” ETFs
    0 0
    πŸ“” ETFs CFDs
    42 145
    πŸ’Έ Cryptocurrencies
    0 0
    πŸ’Έ Cryptocurrency CFDs
    41 26
    πŸ“’ Bonds
    0 0
    πŸ“’ Bonds CFDs
    0 0
    πŸ““ Options
    0 0
    πŸ““ Options CFDs
    0 0
    πŸ“— Futures
    0 0
    πŸ“— Futures CFDs
    0 0
    Trading Experience
    πŸ“ˆ Minimum Stock Trade Size
    $2,500 trade value $10
    πŸ“‰ Minimum ETFs Trade Size
    $2,500 trade value $10
    πŸ“ˆ Minimum Crypto Trade Size
    $2,500 trade value $10
    πŸ“‰ Minimum FX Trade Size
    $2,500 trade value $1,000 (0.01 Lots)
    πŸ“ˆ Minimum Commodities Trade Size
    $2,500 trade value $1,000 (0.01 Lots)
    πŸ“‰ Minimum Bonds Trade Size
    Unavailable Unavailable
    πŸ“ˆ Minimum Futures Trade Size
    Unavailable Unavailable
    πŸ“‰ Minimum Options Trade Size
    Unavailable Unavailable
    πŸ’ͺ Retail Leverage
    30 30
    πŸ’ͺ Professional Leverage
    500 Unavailable
    ✍ Customisable Leverage
    No Yes
    🎲 Deleveraged Trading
    Yes Yes
    πŸŽ“ Demo Account
    Yes Yes
    πŸ“± IOS App
    Yes Yes
    πŸ“± Android App
    Yes Yes
    πŸ“Ί MetaTrader 4
    No No
    πŸ“Ί MetaTrader 5
    No No
    πŸ“Ί cTrader
    No No
    πŸ’» Web trader
    Yes Yes
    πŸ’» TradingView Platform
    No No
    πŸ’» Proprietary Platform
    Yes Yes
    πŸ“Š Multi-chart Tools
    No Yes
    πŸ‘¬ Copy Trading
    No Yes
    πŸ‘« Social Trading
    No Yes
    πŸ”‘ Guaranteed Stop-loss
    No No
    πŸ”¨ Trailing Stop-loss
    No Yes
    Fees
    πŸ’° Inactivity Fee

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

    After 12 months of inactivity, a $10 monthly inactivity fee will be charged.

    πŸ’° Deposit Fees
    None

    Conversion fees apply.

    πŸ’° Withdrawal Fees

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

    $5 flat fee.

    πŸ’° Commissions
    None

    No commissions on real stocks and ETFs

    Spreads
    πŸ“ˆ EUR/USD
    Dynamic - From 0.7 Pips Dynamic - From 1 Pip
    πŸ“‰ SP500
    Dynamic - From 90 Pips Dynamic - From 75 Pips
    πŸ“ˆ GOLD
    Dynamic - From 35 Pips Dynamic - From 45 Pips
    πŸ“‰ TSLA (Stock CFD)
    Dynamic - From $3 Dynamic - From 0.09%
    πŸ“ˆ XLK (ETF - CFD)
    Dynamic - From 30 Pips Dynamic - From 0.09%
    πŸ“‰ BTC
    Dynamic - From $120 Fixed - 1%
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    πŸ”­ Stock Screener
    No No
    πŸ—“ Economic Calendar
    Yes Yes
    πŸ“œ Integrated Newsfeed
    No Yes
    πŸ“‘ Reuters Feed
    No No
    πŸ“‘ Educational Content
    Yes Yes
    πŸ“‘ Live Chat Support
    No Yes
    πŸ“‘ Video Tutorials
    Yes Yes
    πŸ“‘ Account Management
    Yes No
    πŸ“‘ Webinars
    No No