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Vestle vs UFX 2023

ForexBrokers.com

Written by ForexBrokers.com

August 29, 2023

Is Vestle better than UFX? In our analysis of 23 international regulators across 62 of the best forex brokers, Vestle is considered average-risk, with an overall Trust Score of 78 out of 99. UFX is considered high-risk, with an overall Trust Score of 67 out of 99. Learn more about Trust Score.

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Compare

0 of 5
Overall Rating Vestle UFX
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 3/5 Stars
Offering of Investments 3.5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 3/5 Stars 3/5 Stars
Trust Score info 78 67
Winner check_circle
Review
Broker Screenshots Vestle UFX
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Vestle UFX
Trust Score info 78 67
Year Founded info 1996 2011
Publicly Traded (Listed) info No No
Bank info No No
European Union Authorised (MiFID) info Yes info Yes info
Tier-1 Licenses info 2 0
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1
Tier-1 Licenses (Highly Trusted) Vestle UFX
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
European Union Authorised (MiFID) info Yes info Yes info
Tier-2 Licenses (Trusted) Vestle UFX
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Vestle UFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 750 619
Forex Pairs (Total) info 88 49
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers 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).
Cost Vestle UFX
Average Spread EUR/USD - Standard info N/A 3 info
All-in Cost EUR/USD - Active info N/A 2 info
Active Trader or VIP Discounts info No Yes
Inactivity Fee info No No
Execution: Agency Broker info No Yes
Execution: Market Maker info Yes No
Funding Vestle UFX
Minimum Deposit info -1 $100
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Trading Platforms Vestle UFX
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools Vestle UFX
Virtual Trading (Demo) info No Yes
Alerts - Basic Fields info No Yes
Watchlists - Total Fields info 9 7
Charting - Indicators / Studies (Total) info 57 116
Charting - Drawing Tools (Total) info 25 17
Charting - Trade From Chart info Yes No
Charts can be saved info No Yes
Mobile Trading Vestle UFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info No Yes
Mobile Watchlist info No Yes
Watchlist Syncing info No Yes
Mobile Charting - Indicators / Studies info N/A 30
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Multiple Time Frames info No Yes
Mobile Charting - Drawings Autosave info No No
Forex Calendar info No Yes
Research Vestle UFX
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info No Yes
Autochartist info No No
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education Vestle UFX
Education (Forex or CFDs) info No No
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info No No
Investor Dictionary (Glossary) info No No
Major Forex Pairs Vestle UFX
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review
Overall Vestle UFX
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 3/5 Stars 3/5 Stars
Offering of Investments 3.5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 3/5 Stars 3/5 Stars
Trust Score info 78 67
Winner check_circle
Review
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Vestle vs UFX 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 Vestle vs UFX.

Does Vestle or UFX 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, Vestle offers better pricing overall for traders.

Is Vestle or UFX 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. Vestle holds 2 global Tier-1 licenses, while UFX holds 0. UFX holds 1 global Tier-2 licenses, while Vestle holds 0. In our analysis of 23 international regulators across 50 brokers, Vestle (78) earned a higher Trust Score than UFX (67).

Which trading platform is better: Vestle or UFX?

To compare the trading platforms of both Vestle and UFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, UFX offers a better experience. With research, Vestle offers superior market research. Finally, we found UFX 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 UFX's 49 available pairs. Forex pairs aside, Vestle offers traders access to 750 CFDs while UFX has 619 available CFDs, a difference of 131.

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).

Can I trust UFX?

UFX is not publicly traded and does not operate a bank. UFX is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).

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.

Is UFX good?

UFX offers a proprietary platform alongside the full MetaTrader suite, and while its range of markets has increased spreads are still expensive compared to the best broker. Last but not least, with just one regulatory license, UFX's Trust Score is lower than the industry average.

Overall winner: Vestle

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We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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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