Vestle Vs. HF Markets (HFM) - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit This broker is no longer active.	Visit 71.24% 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.	HF Markets (HFM) is a global broker founded in 2010 under the brand name HotForex that specialises in CFDs trading on currencies, commodities, indices, stocks, ETFs, bonds and futures. Recently they added to their portfolio commission-free real stocks and ETFs.
Best For
Beginner traders with little to no experience looking to test a simple platform	Low volume traders looking for a low minimum deposit, low trade size and competitive spreads High volume traders looking for a competitive commission-driven environment through their zero spread account Traders looking to copy or provide knowledge via their HFCopy account
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 5 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	CySec (Cyprus) FCA (UK) DFSA (United Arab Emirates) FSCA (South Africa) FSA (Seychelles) FSA (St. Vincent and the Grenadines) CMA (Kenya)
The Good
Extremely simple platform designed for beginners with little needs	Well-structured account offering with options for all types of traders Competitive commissions on their Zero Spread and PAMM accounts Copy trading via MT4 / 5 offered through their HF Copy account
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	Platform offering is limited to MetaTrader 4 and 5 Asset offering in CFDs is below industry standards with 1,200 CFDs Their proprietary mobile app does not offer trading capabilities
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	2010
💳 Minimum Deposit Range
$200	0
💰 Payment Methods
Bank Wire Credit Card Debit Card	Visa Mastercard Neteller Skrill Sofort FasaPay WebMoney BitPay PayRetailers PayRedeem Bank Transfer
💵 Account Base Currencies
1 - EUR	6 - USD, EUR, NGN, JPY, ZAR, THB.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR, JP.	US, CA, SY, IR.
📊 STP Account
Yes	No
📊 DMA Account
No	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
584	2,295
Exchange Access
0	0
📙 Real Stocks
0	2,113
📙 Stock CFDs
400	54
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
50	53
📗 Commodities
0	0
📗 Commodities CFDs
19	13
📕 Indices
0	0
📕 Indices CFDs
32	11
📔 ETFs
0	0
📔 ETFs CFDs
42	34
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
41	0
📒 Bonds
0	0
📒 Bonds CFDs
0	3
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	14
Trading Experience
📈 Minimum Stock Trade Size
$2,500 trade value	$5 - Fractions Allowed
📉 Minimum ETFs Trade Size
$2,500 trade value	$5 - Fractions Allowed
📈 Minimum Crypto Trade Size
$2,500 trade value	Unavailable
📉 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	$1,000 (0.01 Lots)
📈 Minimum Futures Trade Size
Unavailable	$1,000 (0.01 Lots)
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	2000
💪 Professional Leverage
500	Unavailable
✍ Customisable Leverage
No	Yes
🎲 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	Yes
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	Yes
🔑 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.	Yes, $5 monthly after 6 months of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
No for credit cards but yes for bank wires (up to $20).	None
💰 Commissions
None	Yes depending on account type: Micro accounts have no commissions. Premium accounts have no commissions Zero Spread accounts have a minimum commission that varies between $3 to $4 per lot traded PAMM (Premium) accounts have no commission PAMM (Premium Plus) accounts have a commission of $8 per lot round turn HFCopy accounts have no commissions
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips	Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - From 90 Pips	Dynamic - From 41 Pips
📈 GOLD
Dynamic - From 35 Pips	Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3	Dynamic - From $0.33
📈 XLK (ETF - CFD)
Dynamic - From 30 Pips	Unavailable
📉 BTC
Dynamic - From $120	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 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	No
📡 Webinars
No	Yes