Vestle was founded in 2011 as iFOREX in Cyprus, and in 2018, it was rebranded to better represent its focus on clients in the European Economic Area (EEA). It is basically a financial services firm that facilitates online trading of over 800 trading instruments across different markets, including forex, commodities, indices, stocks, ETFs, CFDs, and cryptocurrencies. The broker provides traders with its proprietary web-based and mobile trading platforms. It also provides modern technological advances in the financial markets along with educational resources.
Vestle Review Introduction
In this Vestle review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Vestle.
Vestle Platforms & Tools
The broker provides traders with its proprietary trading platform known as FXnet, a web-based trading platform that runs directly on most modern web browsers. The FXnet trading platform has an intuitive and easy-to-use interface, as well as multiple analytical and trading tools. It can be customized to suit each trader’s preference and has a built-in economic calendar for fundamental analysis.
There is also the Vestle Trading App, which is the broker’s proprietary mobile trading platform that enables clients to trade on the move. The mobile app has all features of the web trader platform and can be downloaded for free from the Apple Store and Google Play Store.
The broker also provides clients with a range of useful trading tools, such as Live Rates, Daily Analysis, Economic Calendar, Trading Signals, and Trading Sentiment.
Vestle Research & Education
Vestle provides traders with a good selection of educational resources, such as a personalized training session with a training coach, trading videos, trading guides, and educational articles on forex/CFD trading in general.
Vestle Trading Accounts
There is the Standard Account, which is the main live account for trading all available instruments, and it has no minimum deposit and no commissions. The spreads for major forex pairs, like the EURUSD and GBPUSD, range from 0.7 to 2.0 pips. The minimum trade position is 0.03 lots.
The broker also offers Islamic Account, which is swap free and comply with the sharia law. Demo accounts are also available for practice purposes.
Vestle Account Funding
The broker allows a vast range of payment methods for deposits and withdrawals. They include credit/debit cards such as Visa, MasterCard, Maestro, Diners Club, and Discover; bank wire transfer; and online payment processors such as Paypal, Neteller, and Skrill.
Vestle Customer Service
The broker has a knowledgeable and multilingual customer support team that is available during working hours between 4 am to 8 pm. They can be reached through telephone, fax, and email. There is also a FAQ section for quick answers to common questions.
Vestle is the trading name of iCFD Limited, which is licensed and authorized by the Cyprus Securities and Exchange Commission (CySEC). It has the license number 143/11. The broker is also regulated by the Financial Conduct Authority (FCA) of the United Kingdom through its British arm, Black Pearl Securities UK, which has the registration number: 08823678.
Vestle Review Summary
Vestle is a regulated online brokerage firm and a member of the iFOREX group which has been offering financial services globally since 1996. They offer multiple tradable assets for online trading via the provided trading platforms. Traders also get access to a selection of educational materials, trading tools, and daily market news and analysis.
It is worth mentioning that some of the trading products and services in this Vestle review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Vestle broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.