Vestle
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76.68% of retail CFD accounts lose money

Vs.

Pepperstone
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74-89% of retail CFD accounts lose money

Vestle Vs. Pepperstone - Compare and Choose the Right One

Updated Dec 14 2021

Visit

76.68% of retail CFD accounts lose money

Visit

74-89% of retail CFD accounts lose money

Overview

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.

Pepperstone is an Australian broker founded in 2010 with the aim of providing a professional trading experience with low fees and tight spreads. Currently Pepperstone counts with 7 financial licenses and operates in almost every country around the world.

Best For
  • Beginner traders with little to no experience looking to test a simple platform
  • Professional traders that day-trade or scalp
  • Algorithmic traders using their own custom built robots
  • Experienced traders
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TTBTrust

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The Good
  • Extremely simple platform designed for beginners with little needs
  • Well regulated on several jurisdictions
  • Low latency, fast execution under 30ms
  • Competitive spreads and low commissions from 0.0 pips on their Razor 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
  • Avaliable asset offering is not that comprehensive
  • No ability to purchase real stocks or cryptocurrencies, only CFDs
Status
Operational Operational
Recent News
N/A
Key Data
⌛ Account Opening Time
1 Day Up to 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.

🏛 Financial Regulators
  • Cyprus Securities and Exchange Commission
  • BaFin (Germany)
  • FCA (UK)
  • ASIC (Australia)
  • ADGM (United Arab Emirates)
  • CySec (Cyprus)
  • SCB (Bahamas)
  • CMA (Kenya)
📍 Year Founded
2018 2010
💳 Minimum Deposit

200 € (But it can change at their discretion)

$200
💰 Payment Methods
  • Bank Wire
  • Credit Card
  • Debit Card
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Neteller
  • Skrill
💵 Account Base Currencies
1 - EUR 9 - USD, GBP, AUD, EUR, CHF, HKD, SGD, JPY and NZD
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, SY, IR, JP. CA, NZ, JP, BE, KR, KZ, AR, PR.
📊 STP Account
Yes Yes
📊 DMA Account
No No
📊 ECN Account
No No
Assets
📚 Available Assets

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

CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies and indices.

📙 Stocks
400+ 1,300 +
📘 Currency Pairs
50+ 60
📗 Commodities
19 31
📕 Indices
32 28
📔 ETFs
42 100
💸 Cryptocurrencies
41 20
📒 Bonds
N/A N/A
📓 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.

All Pepperstone assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
$2,500 in trade value Varies by Stock
📉 Minimum ETFs Trade Size
$2,500 in trade value Varies by ETF
📈 Minimum Crypto Trade Size
$2,500 in trade value Varies by Crypto (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$2,500 in trade value $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$2,500 in trade value Varies by Commodity (Eg: 0.1 Troy ounces of Gold)
📉 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 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
Yes No
🎓 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 No
📊 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.

No
💰 Deposit Fees
No No
💰 Withdrawal Fees

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

No
💰 Commissions
No
  • For Standard account : All fees included in the spread
  • For Razor account: From $7 per Lot round turn
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips Dynamic - From 0 to 0.6 Pips
📉 SP500
Dynamic - From 90 Pips Dynamic - From 0 to 0.6 Pips
📈 GOLD
Dynamic - From 35 Pips Dynamic - From 0.6 Pips on Average
📉 TSLA (Stock CFD)
Dynamic - From $3 Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - From 30 Pips Dynamic - Market Spread
📉 BTC
Dynamic - From $120 From 30 Pips
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

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