FXCM vs Vestle Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare FXCM vs Vestle.
Does FXCM or Vestle offer lower pricing?
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, FXCM offers better pricing overall for traders.
Is FXCM or Vestle safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. FXCM holds 4 global Tier-1 licenses, while Vestle holds 2. FXCM holds 2 global Tier-2 licenses, while Vestle holds 0. In our analysis of 23 international regulators across 50 brokers, FXCM (95) earned a higher Trust Score than Vestle (78).
Which trading platform is better: FXCM or Vestle?
To compare the trading platforms of both FXCM and Vestle, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FXCM offers a better experience. With research, FXCM offers superior market research. Finally, we found FXCM to provide better mobile trading apps.
What about MetaTrader and copy trading?
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.
How many forex pairs and CFDs are available to trade?
Vestle provides traders 88 currency pairs (e.g., EUR/USD) compared to FXCM's 41 available pairs. Forex pairs aside, Vestle offers traders access to 750 CFDs while FXCM has 440 available CFDs, a difference of 310.
Can I trust FXCM?
FXCM's parent company is publicly-traded, does not operate a bank, and is authorised by four Tier-1 regulators (Highly Trusted), two Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). FXCM is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Financial Conduct Authority (FCA), Canadian Investment Regulatory Organization (CIRO), and the European Union via MiFID.
Can I trust Vestle?
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).
Is FXCM good?
For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading. Its range of tradeable markets is fairly narrow, however, and the pricing at FXCM is just average.
Is Vestle good?
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.
Overall winner: FXCM
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We review each brokerโs overall global offering โ a โYesโ checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.