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IC Markets vs Vestle 2022

ForexBrokers.com

Written by ForexBrokers.com

November 08, 2022

Is IC Markets better than Vestle? In our analysis of 23 international regulators across 39 of the best forex brokers, IC Markets is considered average-risk, with an overall Trust Score of 86 out of 99. Vestle is considered average-risk, with an overall Trust Score of 79 out of 99. Learn more about Trust Score.

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Overall RatingIC MarketsVestleIG
Overall Rating4.5 Stars4 Stars5 Stars
Commissions & Fees5 Stars3 Stars5 Stars
Offering of Investments4.5 Stars3.5 Stars5 Stars
Platform & Tools4 Stars4 Stars5 Stars
Mobile Trading4 Stars4 Stars5 Stars
Research4 Stars3.5 Stars5 Stars
Education4 Stars3 Stars5 Stars
Trust Score867999
Winnercheck_circle
ReviewIC Markets ReviewIG Review
RegulationIC MarketsVestleIG
Trust Score867999
Year Founded200719961974
Publicly Traded (Listed)NoNoYes
BankNoNoYes
Tier-1 Licenses117
Tier-2 Licenses112
Tier-3 Licenses111
Authorised in European UnionNoNoYes
About RegulationA “Yes” for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score.A “Yes” for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score.
Tier-1 Licenses (High Trust)IC MarketsVestleIG
ASIC Authorised (Australia)YesNoYes
IIROC Authorised (Canada)NoNoNo
SFC Authorised (Hong Kong)NoNoNo
CBI Authorised (Ireland)NoNoNo
FSA Authorised (Japan)NoNoYes
MAS Authorised (Singapore)NoNoYes
FINMA Authorised (Switzerland)NoNoYes
FCA Authorised (U.K.)NoYesYes
CFTC Registered (USA)NoNoYes
FMA Authorised (New Zealand)NoNoYes
Tier-2 Licenses (Average Trust)IC MarketsVestleIG
CBRC Authorised (China)NoNoNo
CySEC Authorised (Cyprus)YesYesNo
SEBI Authorised (India)NoNoNo
ISA Authorised (Israel)NoNoNo
CBR Authorised (Russia)NoNoNo
FSCA Authorised (South Africa)NoNoYes
SEC Authorised (Thailand)NoNoNo
DFSA / Central Bank Authorised (UAE)NoNoYes
Tier-3 Licenses (Low Trust)IC MarketsVestleIG
SCB Authorised (Bahamas)YesNoNo
IFSC Authorised (Belize)NoNoNo
CIMA Authorised (Cayman Islands)NoNoNo
BMA Authorised (Bermuda)NoNoYes
FSC Authorised (British Virgin Islands)NoYesNo
FSC Authorised (Mauritius)NoNoNo
VFSC Authorised (Vanuatu)NoNoNo
InvestmentsIC MarketsVestleIG
Forex Trading (Spot or CFDs)YesYesYes
Tradeable Symbols (Total)358375019537
Forex Pairs (Total)6188100
U.S. Stock Trading (Non CFD)NoNoYes
Int'l Stock Trading (Non CFD)NoNoYes
Social Trading / Copy TradingYesNoYes
Cryptocurrency (Physical)NoNoNo
Cryptocurrency (CFD)YesYesYes
DisclaimersNote: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
CostIC MarketsVestleIG
Average Spread EUR/USD - Standard0.62 (August 2021)-10.86 (September 2022)
All-in Cost EUR/USD - Active0.62 (August 2021)-10.5957 (September 2022)
Active Trader or VIP DiscountsYesNoYes
Execution: Agency BrokerYesNoYes
Execution: Market MakerYesYesYes
FundingIC MarketsVestleIG
Minimum Initial Deposit$200-1£250.00
PayPal (Deposit/Withdraw)YesYesYes
Skrill (Deposit/Withdraw)YesYesNo
Visa/Mastercard (Credit/Debit)YesYesYes
Bank Wire (Deposit/Withdraw)YesYesYes
Trading PlatformsIC MarketsVestleIG
Proprietary PlatformNoYesYes
Desktop Platform (Windows)YesNoYes
Web PlatformYesYesYes
Social Trading / Copy TradingYesNoYes
MetaTrader 4 (MT4)YesNoYes
MetaTrader 5 (MT5)YesNoNo
cTraderYesNoNo
DupliTradeNoNoNo
ZuluTradeYesNoNo
Trading ToolsIC MarketsVestleIG
Virtual Trading (Demo)YesNoYes
Alerts - Basic FieldsYesNoYes
Watchlists - Total Fields7914
Charting - Indicators / Studies (Total)305733
Charting - Drawing Tools (Total)152520
Charting - Trade From ChartYesYesYes
Charts can be savedYesNoYes
Mobile TradingIC MarketsVestleIG
Android AppYesYesYes
Apple iOS AppYesYesYes
Mobile Alerts - Basic FieldsYesNoYes
Mobile WatchlistYesNoYes
Watchlist SyncingNoNoYes
Mobile Charting - Indicators / Studies30N/A33
Mobile Charting - Draw TrendlinesYesNoYes
Mobile Charting - Multiple Time FramesYesNoYes
Mobile Charting - Drawings AutosaveNoNoYes
Forex CalendarYesNoYes
ResearchIC MarketsVestleIG
Daily Market CommentaryYesYesYes
Forex News (Top-Tier Sources)YesNoYes
AutochartistYesNoYes
Trading Central (Recognia)YesYesNo
Social Sentiment - Currency PairsYesYesYes
Economic CalendarYesYesYes
EducationIC MarketsVestleIG
Has Education - Forex or CFDsYesNoYes
Client WebinarsYesNoYes
Client Webinars (Archived)YesNoYes
Videos - Beginner Trading VideosNoYesYes
Videos - Advanced Trading VideosNoNoYes
Investor Dictionary (Glossary)YesNoYes
Major Forex PairsIC MarketsVestleIG
GBP/USDYesYesYes
USD/JPYYesYesYes
EUR/USDYesYesYes
USD/CHFYesYesYes
USD/CADYesYesYes
NZD/USDYesYesYes
AUD/USDYesYesYes
ReviewIC Markets ReviewIG Review
OverallIC MarketsVestleIG
Overall Rating4.5 Stars4 Stars5 Stars
Commissions & Fees5 Stars3 Stars5 Stars
Offering of Investments4.5 Stars3.5 Stars5 Stars
Platform & Tools4 Stars4 Stars5 Stars
Mobile Trading4 Stars4 Stars5 Stars
Research4 Stars3.5 Stars5 Stars
Education4 Stars3 Stars5 Stars
Trust Score867999
Winnercheck_circle
ReviewIC Markets ReviewIG Review
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IC Markets vs Vestle Comparison

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare IC Markets vs Vestle.

Does IC Markets 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, IC Markets offers better pricing overall for traders.

Is IC Markets 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. Both IC Markets and Vestle hold 1 global Tier-1 licenses. Both IC Markets and Vestle hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, IC Markets earned a higher Trust Score than Vestle.

Which trading platform is better: IC Markets or Vestle?

To compare the trading platforms of both IC Markets and Vestle, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IG offers a better experience. With research, IG offers superior market research. Finally, we found IG 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 IC Markets's 61 available pairs. Forex pairs aside, IC Markets offers traders access to 3583 CFDs while Vestle has 750 available CFDs, a difference of 2833.

Can I trust IC Markets?

IC Markets is not publicly traded and does not operate a bank. IC Markets is authorised by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). IC Markets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC).

Can I trust Vestle?

Vestle is not publicly traded and does not operate a bank. Vestle is authorised by one tier-1 regulator (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). Vestle is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA).

Is IC Markets good?

IC Markets’ competitive pricing and scalable execution make it an excellent option for algorithmic traders. Though it supports an impressive range of third-party tools and plugins, IC Markets’ research and education offerings are not as impressive as those offered by industry leaders.

Is Vestle good?

Vestle, previously known as iForex, offers a proprietary trading platform as well as a growing selection of nearly 750 symbols. However, MetaTrader is not available at Vestle, and traders aren't able to open a demo account.

Overall winner: IG

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We review each broker’s overall global offering – a “Yes” 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.

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