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Vestle vs GBE brokers 2022

Written by BrokerNotes.co

Published April 26, 2022
Last modified August 09, 2022

Trying to decide between Vestle and GBE brokers? Weโ€™ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

Vestle is better than GBE brokers.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Overall Rating expand_moreexpand_less Vestle GBE brokers FOREX.com
Overall Rating 7 / 10 6.7 / 10 8.7 / 10
Account Type expand_moreexpand_less Vestle GBE brokers FOREX.com
Standard Account Yes Yes Yes
Mini Account Yes Yes Yes
Micro Account Yes Yes Yes
Islamic Account Yes No Yes
Copy Trading expand_moreexpand_less Vestle GBE brokers FOREX.com
Social Trading / Copy Trading No Yes No
DupliTrade No No No
ZuluTrade No No No
Cryptocurrency expand_moreexpand_less Vestle GBE brokers FOREX.com
Cryptocurrency (Physical) No No No
Cryptocurrency (CFD) Yes Yes Yes
Bitcoin Yes Yes Yes
ethereum Yes Yes Yes
Forex Trading expand_moreexpand_less Vestle GBE brokers FOREX.com
Forex Trading Yes Yes Yes
Trading - Forex or CFDs Yes Yes Yes
Indices (Index CFDs) expand_moreexpand_less Vestle GBE brokers FOREX.com
DAX Yes Yes Yes
Dow Jones Yes Yes Yes
FTSE Yes Yes Yes
NASDAQ 100 Yes Yes Yes
Nikkei Yes Yes Yes
SP 500 Yes Yes Yes
Investments expand_moreexpand_less Vestle GBE brokers FOREX.com
Forex Trading Yes Yes Yes
Trading - Forex or CFDs Yes Yes Yes
Spread Betting No No No
Social Trading / Copy Trading No Yes No
Metals Yes Yes Yes
Energies Yes Yes Yes
Agriculturals Yes Yes Yes
ETF Yes No Yes
U.S. Stocks (CFD) Yes Yes Yes
Trading Platforms expand_moreexpand_less Vestle GBE brokers FOREX.com
Apple iOS App Yes Yes Yes
Android App Yes Yes Yes
Proprietary Platform Yes No Yes
Desktop Platform (Windows) No Yes Yes
Web Platform Yes Yes Yes
MetaTrader 4 (MT4) No Yes Yes
MetaTrader 5 (MT5) No Yes Yes
Regulatory Licenses expand_moreexpand_less Vestle GBE brokers FOREX.com
Tier-1 Licenses 1 0 4
ASIC Authorised (Australia) No No No
IIROC Authorised (Canada) No No Yes
FCA Authorised (U.K.) Yes No Yes
SFC Authorised (Hong Kong) No No No
MAS Authorised (Singapore) No No No
FINMA Authorised (Switzerland) No No No
CFTC Registered (USA) No No Yes
Tier-2 Licenses 1 1 2
Tier-3 Licenses 1 0 1
Research, Education expand_moreexpand_less Vestle GBE brokers FOREX.com
Trading Central (Recognia) Yes No Yes
Forex News (Top-Tier Sources) No No Yes
Daily Market Commentary Yes Yes Yes
Autochartist No No No
Investor Dictionary (Glossary) No No Yes
Videos - Beginner Trading Videos Yes No Yes
Client Webinars (Archived) No No No
Trading Costs expand_moreexpand_less Vestle GBE brokers FOREX.com
Minimum Initial Deposit -1 $500 $100
Average Spread EUR/USD - Standard -1 -1 1.1 (US August 2021)
All-in Cost EUR/USD - Active -1 -1 1.1 (US August 2021)
Active Trader or VIP Discounts No No Yes
Bank Wire (Deposit/Withdraw) Yes Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes Yes
PayPal (Deposit/Withdraw) Yes Yes Yes
Trading Tools expand_moreexpand_less Vestle GBE brokers FOREX.com
Watchlists - Total Fields 9 7 18
Mobile Watchlist No Yes Yes
Charting - Indicators / Studies (Total) 57 30 139
Mobile Charting - Indicators / Studies N/A 30 88
Trust Factors expand_moreexpand_less Vestle GBE brokers FOREX.com
Year Founded 1996 2013 1999
Publicly Traded (Listed) No No Yes
Bank No No No
Authorised in European Union No Yes Yes
Trust Score 79 69 99
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Vestle vs GBE brokers 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 Vestle vs GBE brokers.

Can I trust Vestle?

Vestle has a trust score of 79, giving it a "Average Risk" trust label.

  • "Highly Trusted" (90-99) - These brokers are considered the most trustworthy firms in the industry. Simply put, we would not hesitate to open and fund an account with a Highly Trusted broker
  • "Trusted" (80-89) - These brokers are reliable and trustworthy. "Trusted" firms are a solid choice, and may simply hold fewer regulatory licences or feature different corporate structures than those brokers that have earned our top Trust Score rating.
  • "Average Risk" (70-79) - Average Risk brokers are firms we generally consider to be safe, but that may warrant a closer inspection before you open and fund a live trading account. At the least, we always encourage traders to check the regulatory licenses for Average Risk firms to verify that they are regulated in their own country of residence.
  • "High Risk" (60-69) - High-risk firms should be scrutinized and carefully reviewed before opening an account. These forex brokers are โ€“ in most cases โ€“ operating without credible regulatory licensing, and likely have a history of legal or financial issues. Before considering an account with a high-risk firm, we recommend checking our country guides for your country of residence to see if a more trusted broker is available.
  • "Do Not Trust" (<59) - We do not recommend opening an account of any kind with a broker that earns a โ€œDo Not Trustโ€ rating.

Can I trust GBE brokers?

GBE brokers has a trust score of 69, giving it a "High Risk" trust label. Here's what each trust score label means:

What tier-1 jurisdictions is each broker regulated in?

Tier-1 regulators go above and beyond by requiring additional capital requirements, checking in on brokers more frequently, and putting brokers through a tougher screening process. Vestle is FCA Authorised (U.K.), while GBE brokers is none of these. Both do not have ASIC Authorised (Australia), IIROC Authorised (Canada), SFC Authorised (Hong Kong), CBI Authorised (Ireland), FSA Authorised (Japan), MAS Authorised (Singapore), FMA Authorised (New Zealand), FINMA Authorised (Switzerland) and CFTC Registered (USA)

What tier-2 jurisdictions is each broker regulated in? What about tier-3?

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, both Vestle and GBE brokers are CySEC Authorised (Cyprus). Both do not have CBRC Authorised (China), NSE Authorised (India), ISA Authorised (Israel), CBR Authorised (Russia), FSCA Authorised (South Africa), SEC Authorised (Thailand) and DFSA / Central Bank Authorised (UAE). When comparing tier-3 licenses Vestle is FSC Authorised (British Virgin Islands), while GBE brokers is none of these. Both do not have SCB Authorised (Bahamas), IFSC Authorised (Belize), BMA Authorised (Bermuda), CIMA Authorised (Cayman Islands), FSC Authorised (Mauritius) and VFSC Authorised (Vanuatu).

Which broker offers more trading platforms?

For trading platforms GBE brokers supports a Desktop Platform (Windows), whereas Vestle supports a Proprietary Platform. Both do not have cTrader, DupliTrade and ZuluTrade

Does Vestle offer MetaTrader? Does GBE brokers offer MetaTrader?

For MetaTrader GBE brokers provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Vestle provides neither of these. If MetaTrader is a must for you, read our guides on the best MT4 brokers or best MT5 brokers.

How do Vestle and GBE brokers differ in terms of minimum deposit? What about average spreads and funding options?

Vestle requires a minimum deposit of -1, while GBE brokers requires a minimum deposit of $500. From our testing we found Vestle offers spreads of -1, while GBE brokers offers spreads of -1. Both Vestle and GBE brokers offer Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit), PayPal (Deposit/Withdraw) and Skrill (Deposit/Withdraw) for deposits.

Which brokers offers more tradeable asset classes, Vestle or GBE brokers?

GBE brokers offers a more diverse selection of investment options than Vestle allowing you to trade Forex Trading, Trading - Forex or CFDs, Social Trading / Copy Trading, Metals, Energies, Agriculturals and U.S. Stocks (CFD). Both do not have Spread Betting. Looking at total tradeable symbols, Vestle has 750, compared to 500 from GBE brokers.

Can I trade cryptocurrency with Vestle or GBE brokers?

Crypto trading is popular with forex traders. Most crypto assets are offered either as the underlying physical asset or as a CFD or other derivative โ€” including spot forex contracts. In terms of trading physical cryptocurrency neither Vestle nor GBE brokers allow you to trade physical cryptocurrencies.

Who offers more research tools, Vestle or GBE brokers?

In terms of research and research tools GBE brokers gives traders the following tools: Daily Market Commentary, Stock Charts and Social Trading / Copy Trading. In comparison Vestle has the tools listed here: Daily Market Commentary, Stock Charts and Trading Central (Recognia). Both do not have Autochartist and Forex News (Top-Tier Sources)




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