CMC Markets vs Vestle 2023

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, CMC Markets offers better pricing overall for traders.

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. CMC Markets holds 5 global Tier-1 licenses, while Vestle holds 2. CMC Markets holds 1 global Tier-2 licenses, while Vestle holds 0. In our analysis of 23 international regulators across 50 brokers, CMC Markets (99) earned a higher Trust Score than Vestle (78).

To compare the trading platforms of both CMC Markets and Vestle, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, CMC Markets offers a better experience. With research, CMC Markets offers superior market research. Finally, we found CMC Markets to provide better mobile trading apps.

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.Copy trading is not offered by either broker.

CMC Markets provides traders 156 currency pairs (e.g., EUR/USD) compared to Vestle's 88 available pairs. Forex pairs aside, CMC Markets offers traders access to 12074 CFDs while Vestle has 750 available CFDs, a difference of 11324.

CMC Markets is publicly traded, does not operate a bank, and is authorised by five Tier-1 regulators (Highly Trusted), one tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). CMC Markets is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Canadian Investment Regulatory Organization (CIRO), Monetary Authority of Singapore (MAS), Financial Markets Authority (FMA), and the Financial Conduct Authority (FCA).

Vestle is not publicly traded and does not operate a bank. Vestle is authorised by two tier-1 regulators (highly trusted), zero tier-2 regulators (trusted), zero tier-3 regulators (average risk), and one tier-4 regulator (high risk). Vestle is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA) and European Union Authorized (MiFID).

CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12,000 tradeable instruments.

Vestle is operated by a long-standing company, previously known as iForex, with regulatory status in a growing number of jurisdictions, offering forex and CFDs through its proprietary platform. The biggest drawback is the lack of markets you can trade with fewer than 200, compared to the best multi asset forex and CFD brokers.