This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
Vestle Review
Vestle was the 2018 to 2022 brand for iCFD Limited's EU business. The company reverted to its iFOREX Europe name in 2022, so the current CySEC approved trade name is not Vestle anymore.
Min Deposit
$100
Spreads From
Not clearly stated on the current site
Max Leverage
1:30 for EU retail clients
Platforms
Vestle web platform, FXnet
Pros
- iCFD Limited holds a genuine CySEC licence that has run since 2011
- A separate FCA regulated entity, Black Pearl Securities, covers UK clients
- Negative balance protection is standard on retail accounts under CySEC rules
- Over 800 tradable instruments are offered across several asset classes
Cons
- The Vestle brand name itself was reverted back to iFOREX Europe in 2022
- Some review sites and domains still confusingly use the old Vestle name
- Only proprietary web platforms are offered, with no MetaTrader option
- Leverage is capped at 1 to 30 for retail clients, standard under EU rules
iCFD Limited started trading in 2011 as iFOREX Cyprus Ltd, and holds a genuine CySEC licence, number 143/11. In 2018, the company renamed its European brand to Vestle, partly in response to new EU leverage rules for CFDs.
In May 2022, the same company reversed that decision and relaunched its European business under the iFOREX Europe name again. The CySEC register itself lists iFOREX Europe as the current approved trade name, not Vestle, though older reviews and some domains still use the Vestle name.
Trading runs on the broker's own Vestle and FXnet web platforms, with a 100 dollar minimum deposit and leverage capped at 1 to 30 for EU retail forex clients. UK clients use a separate FCA regulated entity, Black Pearl Securities Limited. We found no live deposit bonus, which fits the standard EU ban on this kind of offer for retail clients.
Min. Deposit
USD 100
Max Leverage
1:30 for EU retail clients
Spreads From
Not clearly stated on the current site
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
