Updated Oct 20 2022
Visit This broker is no longer active. |
Visit 69.9% 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. |
SquaredFinancial is a global brokerage firm founded in 2005 and headquartered in Cyprus that specialises in providing real stocks along with CFDs on all major asset classes paired with MT4 & MT5 platforms. |
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 2 Provided by |
🏛 Financial Regulators | |
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The Good | |
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The Bad | |
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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 | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2018 | 2005 |
💳 Minimum Deposit Range | |
$200 | 250 € (SquaredPro Account), 5,000 € SquaredElite Account |
💰 Payment Methods | |
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💵 Account Base Currencies | |
1 - EUR | 5 - EUR, USD, GBP, CHF, ZAR. |
🗽 Available to U.S Citizens | |
No | No |
❌ Restricted Countries | |
US, CA, SY, IR, JP. |
US, CA, IR, SY. |
📊 STP Account | |
Yes | Yes |
📊 DMA Account | |
No | Yes |
📊 ECN Account | |
No | Yes |
Banking License | |
No | No |
Debit Card | |
No | No | Assets |
📚 Assets Type | |
CFDs | Hybrid |
Total Asset Offering | |
584 | 17,101 |
Exchange Access | |
0 | 0 |
📙 Real Stocks | |
0 | 8,000 |
📙 Stock CFDs | |
400 | 8,000 |
📘 Currency Pairs | |
0 | 0 |
📘 Currency Pair CFDs | |
50 | 40 |
📗 Commodities | |
0 | 0 |
📗 Commodities CFDs | |
19 | 5 |
📕 Indices | |
0 | 0 |
📕 Indices CFDs | |
32 | 15 |
📔 ETFs | |
0 | 0 |
📔 ETFs CFDs | |
42 | 1,000 |
💸 Cryptocurrencies | |
0 | 0 |
💸 Cryptocurrency CFDs | |
41 | 25 |
📒 Bonds | |
0 | 0 |
📒 Bonds CFDs | |
0 | 0 |
📓 Options | |
0 | 0 |
📓 Options CFDs | |
0 | 0 |
📗 Futures | |
0 | 0 |
📗 Futures CFDs | |
0 | 16 | Trading Experience |
📈 Minimum Stock Trade Size | |
$2,500 trade value | 1 Share |
📉 Minimum ETFs Trade Size | |
$2,500 trade value | 1 ETF |
📈 Minimum Crypto Trade Size | |
$2,500 trade value | Varies per Cryptocurrency (Eg: 0.01 BTC) |
📉 Minimum FX Trade Size | |
$2,500 trade value | $1,000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
$2,500 trade value | Varies per Commodity (Eg: 1 Gold Contract) |
📉 Minimum Bonds Trade Size | |
Unavailable | Unavailable |
📈 Minimum Futures Trade Size | |
Unavailable | Varies per future (Eg: 1 Contract) |
📉 Minimum Options Trade Size | |
Unavailable | Unavailable |
💪 Retail Leverage | |
30 | 30 |
💪 Professional Leverage | |
500 | 500 |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
Yes | Yes |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | No |
📱 Android App | |
Yes | No |
📺 MetaTrader 4 | |
No | Yes |
📺 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. |
None |
💰 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 or assets. For account types:
For particular assets there are commissions on all accounts, specifically in shares as follows:
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Spreads |
📈 EUR/USD | |
Dynamic - From 0.7 Pips | Dynamic - From 0 to 1.2 Pips |
📉 SP500 | |
Dynamic - From 90 Pips | Dynamic - From 150 Pips |
📈 GOLD | |
Dynamic - From 35 Pips | Dynamic - From 110 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - From $3 | Dynamic - Market Spread |
📈 XLK (ETF - CFD) | |
Dynamic - From 30 Pips | Dynamic - Market Spread |
📉 BTC | |
Dynamic - From $120 | Dynamic - From $250 | 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 | Yes |
📡 Live Chat Support | |
No | No |
📡 Video Tutorials | |
Yes | No |
📡 Account Management | |
Yes | Yes |
📡 Webinars | |
No | No |