Vestle Vs. Tickmill - Compare and Choose the Right One


Visit 89.13% of retail CFD accounts lose money.	Visit 71% 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.	Tickmill is an international CFD broker headquartered in Cyprus that specialises in currency trading paired with MetaTrader 4 and 5 platforms.
Best For
Beginner traders with little to no experience looking to test a simple platform	Professional currency traders looking to exploit their account offering with low spreads Traders familiar with both MetaTrader 4 or 5 platforms with the intent to trade currencies
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 1 Other Licenses 4 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	CySec (Cyprus) FSA (Seychelles) FCA (UK) FSA (Labuan) FSCA (South Africa)
The Good
Extremely simple platform designed for beginners with little needs	Very low and competitive spreads depending on the account type Leverage can be either removed or customised for the whole 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	Extremely low asset offering (over 80+ instruments in total) All of Tickmill’s assets are CFDs (users can’t purchase real stocks or ETFs)
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	2014
💳 Minimum Deposit
200 € (But it can change at their discretion)	$, €, £ - 100
💰 Payment Methods
Bank Wire Credit Card Debit Card	Bank Transfer Visa Mastercard Skrill Neteller DotPay Paypal
💵 Account Base Currencies
1 - EUR	4 - USD, EUR, GBP, PLN
🗽 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	No
📊 ECN Account
No	No
Assets
📚 Available Assets
CFDs on currencies, commodities, indices, shares, ETFs and cryptocurrencies	CFDs on currencies, indices, commodities, bonds and cryptocurrencies
📙 Stocks
400+	N/A
📘 Currency Pairs
50+	62
📗 Commodities
19	4
📕 Indices
32	14
📔 ETFs
42	N/A
💸 Cryptocurrencies
41	3
📒 Bonds
N/A	4
📓 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.	Tickmill’s asset offering is exclusively made of CFDs.
Trading Experience
📈 Minimum Stock Trade Size
$2,500 in trade value	N/A
📉 Minimum ETFs Trade Size
$2,500 in trade value	N/A
📈 Minimum Crypto Trade Size
$2,500 in trade value	$1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$2,500 in trade value	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$2,500 in trade value	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
N/A	$1,000 (0.01 Lots)
📈 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 1:500
✍ Customisable Leverage
No	Yes, for the whole account.
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes (only for account management)
📱 Android App
Yes	Yes (only for account management)
📺 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	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.	No
💰 Deposit Fees
No	No
💰 Withdrawal Fees
No for credit cards but yes for bank wires (up to $20).	No
💰 Commissions
No	Depending on account type: Classic account has no commissions Pro account has a commission of 2 units of your base currency round turn per lot VIP account has a commission of 1 unit of your base currency round turn per lot
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips	From 0 pips up to 1.6 Pips (Depending on account type)
📉 SP500
Dynamic - From 90 Pips	From 39 Pips
📈 GOLD
Dynamic - From 35 Pips	From 24 Pips
📉 TSLA (Stock CFD)
Dynamic - From $3	N/A
📈 XLK (ETF - CFD)
Dynamic - From 30 Pips	N/A
📉 BTC
Dynamic - From $120	Dynamic - From $128.2
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No