Webull
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Your capital is at risk.

Vs.

Vestle
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89.13% of retail CFD accounts lose money.

Webull Vs. Vestle - Compare and Choose the Right One

Updated May 13 2022

Visit

Your capital is at risk.

Visit

89.13% of retail CFD accounts lose money.

Overview

Webull is a US-based broker that offers both real and leveraged products including Stocks, Crypto, Options, ETFs, and ADRs with zero commissions and no deposit minimums.

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.

Best For
  • Novices who want to enter the world of investing
  • Intermediate and advanced options traders
  • Professional day traders and portfolio managers 
  • Beginner traders with little to no experience looking to test a simple platform
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

0

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
  • HKMA (Hong Kong)
  • FINRA (United States)
  • CySec (Cyprus)
The Good
  • Trade any asset class from just $5
  • Easy-to-use investing app
  • Fully extended trading hours
  • Extremely simple platform designed for beginners with little needs
The Bad
  • No international clients at the moment
  • No joint accounts
  • 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
Status
Operational Inactive
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
2017 2018
💳 Minimum Deposit
€, £, $ - 0

200 € (But it can change at their discretion)

💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Bank Wire
  • Credit Card
  • Debit Card
💵 Account Base Currencies
1 - USD 1 - EUR
🗽 Available to U.S Citizens
Yes No
❌ Restricted Countries
EU, UK, CA, JP, IN, IR, MY, ZA, AU. US, CA, SY, IR, JP.
📊 STP Account
No Yes
📊 DMA Account
Yes No
📊 ECN Account
No No
Assets
📚 Available Assets

Real stocks, ETFs and cryptocurrencies

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

📙 Stocks
10,000+ real stocks from 5 exchanges worldwide 400+
📘 Currency Pairs
0 50+
📗 Commodities
0 19
📕 Indices
0 32
📔 ETFs
2400+ Real ETFs 42
💸 Cryptocurrencies
20 41
📒 Bonds
0 N/A
📓 Options
Several Option Chains N/A
📗 Futures
N/A N/A
📝 Notes:
WeBull is mostly dedicated to U.S client and does not provide CFDs.

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.

Trading Experience
📈 Minimum Stock Trade Size
$5 $2,500 in trade value
📉 Minimum ETFs Trade Size
N/A $2,500 in trade value
📈 Minimum Crypto Trade Size
Varies by cryptocurrency $2,500 in trade value
📉 Minimum FX Trade Size
N/A $2,500 in trade value
📈 Minimum Commodities Trade Size
N/A $2,500 in trade value
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
Varies per Option contract N/A
💪 Retail Leverage
1:4 Up to 1:30
💪 Professional Leverage
N/A Up to 1:500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No No
📺 MetaTrader 5
No No
💻 Web trader
No Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
Yes No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
No

Vestle charges an inactivity fee of $15 for every quarter of inactivity.

💰 Deposit Fees
No No
💰 Withdrawal Fees
No

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

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