Vestle
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89.13% of retail CFD accounts lose money.

Vs.

Libertex
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70.8% of retail CFD accounts lose money.

Vestle Vs. Libertex - Compare and Choose the Right One

Updated Jul 28 2022

Visit

89.13% of retail CFD accounts lose money.

Visit

70.8% 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.

Libertex is a broker headquartered in Cyprus that operates since 1997 and offers trading in over 250 financial instruments.

Best For
  • Beginner traders with little to no experience looking to test a simple platform
  • European-based traders who are looking to trade forex and cryptocurrencies
  • Traders who need to monitor their positions through mobile apps
  • Long-term investors in equities
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

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • CySec (Cyprus)
The Good
  • Extremely simple platform designed for beginners with little needs
  • Clean and user-friendly trading platform
  • Advanced mobile app with news integration for iOS and Android
  • Zero commission stock investing
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
  • Doesn't support use of Expert Advisors (EA)
  • Stock CFDs are limited to popular (blue chip) choices
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 1997
💳 Minimum Deposit

200 € (But it can change at their discretion)

- 100
💰 Payment Methods
  • Bank Wire
  • Credit Card
  • Debit Card
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Paypal
  • Sofort
  • iDeal
💵 Account Base Currencies
1 - EUR 4 - EUR, GBP, PLN, CHF
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, SY, IR, JP. US, CA, SY.
📊 STP Account
Yes No
📊 DMA Account
No Yes
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on currencies, commodities, indices, shares, ETFs and cryptocurrencies

  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies and indices
📙 Stocks
400+ 100+
📘 Currency Pairs
50+ 52
📗 Commodities
19 17
📕 Indices
32 18
📔 ETFs
42 10
💸 Cryptocurrencies
41 73
📒 Bonds
N/A N/A
📓 Options
N/A

Options on Bitcoin, SP500, Crude Oil, DAX30 and Silver.

📗 Futures
N/A N/A
📝 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.

N/A
Trading Experience
📈 Minimum Stock Trade Size
$2,500 in trade value Minimum 20 € trade size
📉 Minimum ETFs Trade Size
$2,500 in trade value Minimum 20 € trade size
📈 Minimum Crypto Trade Size
$2,500 in trade value Minimum 20 € trade size
📉 Minimum FX Trade Size
$2,500 in trade value Minimum 20 € trade size
📈 Minimum Commodities Trade Size
$2,500 in trade value Minimum 20 € trade size
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A Minimum 20 € trade size
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
Yes Yes for stocks
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
No Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
No Yes
👬 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/month after 180 calendar days of inactivity

💰 Deposit Fees
No No
💰 Withdrawal Fees

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

Depending on the service - up to 1%, 2% withdrawal fee on an inactive account

💰 Commissions
No No
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - From 90 Pips Dynamic - From 83 Pips
📈 GOLD
Dynamic - From 35 Pips Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3 Dynamic - From $4
📈 XLK (ETF - CFD)
Dynamic - From 30 Pips Dynamic - Market Spread
📉 BTC
Dynamic - From $120 Dynamic - From $205
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No