Overall Rating: ★★☆☆☆ (2.5/5.0)

Vestle is the rebranded name of iFOREX Europe, operated by iCFD Ltd, and regulated by CySEC (Cyprus). The broker offers CFD trading on forex, indices, commodities, shares, ETFs, and cryptocurrencies, primarily targeting traders in the European Economic Area (EEA). While Vestle is regulated and provides a custom trading platform, it has received criticism for limited platform functionality, high spreads, and aggressive sales tactics, which affect its credibility and user satisfaction in 2025.

This review provides an unbiased evaluation of Vestle’s trading services, regulation, pricing structure, and overall trustworthiness.

Key Features

Vestle is a web-based CFD trading platform built for simplicity and accessibility, but lacks advanced tools and third-party integrations.

• Trading Platform:
  • Proprietary WebTrader only (no MT4/MT5 support)
• Markets Offered:
  • Forex, stocks, indices, commodities, ETFs, and cryptocurrencies
  • Over 800 instruments
• Account Types:
  • One account structure, with tailored services based on deposit amount
• Leverage:
  • Up to 1:30 for retail clients (per ESMA rules)
  • Up to 1:400 for professional clients (upon approval)
• Minimum Deposit:
  • €100
• Funding Methods:
  • Credit/debit cards, bank transfer, Skrill, Neteller

Regulation and Security

Vestle is regulated under CySEC, ensuring a moderate level of client protection for European traders.

• CySEC Licence No. 143/11
• Client funds held in segregated accounts
• Negative balance protection for retail clients
• **Covered by the Investor Compensation Fund (ICF) up to €20,000
• Strict KYC/AML compliance policies

However, it’s worth noting that Vestle is not available outside of the EEA, and other global brands under the iFOREX umbrella are unregulated or lightly regulated.

Pricing and Costs

Vestle operates a spread-only model, but spreads are significantly wider than industry averages, especially on major forex pairs.

• Spreads:
  • EUR/USD typically above 3.0 pips
  • Indices and commodities also have wide bid-ask spreads
• Commissions:
  • No additional commissions, but costs are embedded in spreads
• Deposit/Withdrawal Fees:
  • No deposit fees
  • Withdrawal fees may apply based on method and currency
• Inactivity Fee:
  • $15/month after 12 months of inactivity

Pricing is not competitive for active traders or scalpers due to high embedded costs.

Educational Resources and Customer Support

Vestle offers basic education and strong onboarding, but lacks advanced or structured training for experienced users.

• Education:
  • Glossary, introductory videos, trading tips
  • No webinars or in-depth strategy training
• Market Analysis:
  • Daily news, limited insights
• Customer Support:
  • 24/5 via email, phone, and live chat
  • Multilingual support
  • Some user complaints regarding persistent account managers and sales pressure

Risk Management Tools

Vestle provides basic risk tools, in line with ESMA standards, but no advanced options like GSLOs.

• Stop-loss, take-profit, and trailing stops
• Negative balance protection for retail clients
• No guaranteed stop-loss orders (GSLOs)
• Margin alerts provided via platform notifications

Pros and Cons

Pros

• Regulated by CySEC with fund segregation and ICF coverage
• Accessible web platform with over 800 instruments
• Negative balance protection for retail traders
• Decent educational materials for beginners

Cons

• High spreads and overall trading costs
• No MT4/MT5 or algorithmic trading support
• Aggressive sales and marketing tactics reported
• Unavailable outside the EEA
• Limited risk tools and no guaranteed stops

Conclusion: Is Vestle the Right Choice?

Vestle is a moderately safe broker for EEA-based traders seeking a simple trading experience, but its high fees and lack of platform flexibility limit its value. While CySEC regulation offers some confidence, its high spreads, lack of advanced tools, and aggressive sales approach make it unsuitable for active or experienced traders. Those looking for better pricing and more control should consider Pepperstone, AvaTrade, or IC Markets.