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


Visit This broker is no longer active.	Visit 77% 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.	Legacy FX is a cypriot broker founded in 2017 that specialises in CFDs trading via MetaTrader 5 for mobile, web and desktop devices.
Best For
Beginner traders with little to no experience looking to test a simple platform	Traders looking for a CySec broker that offers a trading signals service
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 0 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	CySec (Cyprus) VFSC (Vanuatu)
The Good
Extremely simple platform designed for beginners with little needs	Proprietary signals channel (untested by us) Fixed spreads (at their discretion subject to change)
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	High minimum deposits (From $500 to $25,000) for their various account types Extremely high spreads when compared to similar brokers Low asset offering with poor categorisation Subpar regulatory framework Only MT5 platform is offered
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	2017
💳 Minimum Deposit Range
$200	From $500 to $25,000
💰 Payment Methods
Bank Wire Credit Card Debit Card	Visa Mastercard Neteller Skrill Klarna iDeal GiroPay Perfect Money AVOPayments eftPay Volt Cash Load Jeton Gigadat
💵 Account Base Currencies
1 - EUR	11 - USD, EUR, GBP, JPY, CHF, AUD, RUB, PLN, HUF, SGD, ZAR.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR, JP.	US, CA, BE, FR, IL, IR, SY, AF, MM, SO, YE, IQ, SS, SD.
📊 STP Account
Yes	No
📊 DMA Account
No	No
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
584	292
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
400	200
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
50	40
📗 Commodities
0	0
📗 Commodities CFDs
19	24
📕 Indices
0	0
📕 Indices CFDs
32	18
📔 ETFs
0	0
📔 ETFs CFDs
42	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
41	10
📒 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	Unavailable
📉 Minimum ETFs Trade Size
$2,500 trade value	Unavailable
📈 Minimum Crypto Trade Size
$2,500 trade value	Unavailable
📉 Minimum FX Trade Size
$2,500 trade value	$10,000 (0.1 Lots)
📈 Minimum Commodities Trade Size
$2,500 trade value	$10,000 (0.1 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	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	No
📱 Android App
Yes	No
📺 MetaTrader 4
No	No
📺 MetaTrader 5
No	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
No	Yes
👬 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.	Yes, 10 units of account base currency after 90 days of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
No for credit cards but yes for bank wires (up to $20).	None
💰 Commissions
None	Yes, ranging from 0.15% to 0.45% of trade value for stocks only.
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips	Dynamic - From 1.6 Pips
📉 SP500
Dynamic - From 90 Pips	Dynamic - From 120 Pips
📈 GOLD
Dynamic - From 35 Pips	Dynamic - From 63 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3	Unavailable
📈 XLK (ETF - CFD)
Dynamic - From 30 Pips	Unavailable
📉 BTC
Dynamic - From $120	Dynamic - From $505
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	No
📡 Live Chat Support
No	No
📡 Video Tutorials
Yes	No
📡 Account Management
Yes	Yes
📡 Webinars
No	No