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. |
Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas. |
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 0 Other Licenses 1 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 | 2014 |
💳 Minimum Deposit | |
200 € (But it can change at their discretion) |
0 |
💰 Payment Methods | |
💵 Account Base Currencies | |
1 - EUR | 2 - EUR, GBP. |
🗽 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 | Yes |
📊 ECN Account | |
No | No | Assets |
📚 Available Assets | |
📙 Stocks | |
400+ | 8,000+ |
📘 Currency Pairs | |
50+ | 22 |
📗 Commodities | |
19 | 5 |
📕 Indices | |
32 | 5 |
📔 ETFs | |
42 | 1,000+ |
💸 Cryptocurrencies | |
41 | 4 |
📒 Bonds | |
N/A | 1 |
📓 Options | |
N/A | N/A |
📗 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. |
Nextmarkets provides both CFDs and real stocks or ETFs. |
Trading Experience |
📈 Minimum Stock Trade Size | |
$2,500 in trade value | 1 Share |
📉 Minimum ETFs Trade Size | |
$2,500 in trade value | 1 ETF |
📈 Minimum Crypto Trade Size | |
$2,500 in trade value | Varies per Cryptocurrency (eg: 0.1 BTC with leverage 1:2) |
📉 Minimum FX Trade Size | |
$2,500 in trade value | $1,000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
$2,500 in trade value | Varies per commodity (eg: 1 contract of Gold - 1 trojan ounce) |
📉 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 | Up to 1:30 |
💪 Professional Leverage | |
Up to 1:500 | Up to 1:100 |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
Yes | Yes |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
No | Yes |
📺 MetaTrader 5 | |
No | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | No |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
No | No |
👬 Copy Trading | |
No | Yes |
👫 Social Trading | |
No | Yes |
🔑 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 | No | Spreads |
📈 EUR/USD | |
Dynamic - From 0.7 Pips | Dynamic - From 0.6 Pips |
📉 SP500 | |
Dynamic - From 90 Pips | Dynamic - From 50 Pips |
📈 GOLD | |
Dynamic - From 35 Pips | Dynamic - From 40 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - From $3 | Dynamic - From $2 |
📈 XLK (ETF - CFD) | |
Dynamic - From 30 Pips | Dynamic - From $0.1 to 0.3 |
📉 BTC | |
Dynamic - From $120 | Dynamic - From $125 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | No |
📜 Integrated Newsfeed | |
No | No |
📡 Reuters Feed | |
No | No |