Vestle is the European trading arm of ICFD limited which was formerly known as IFOREX, one of the largest and well-known forex brokers in the industry. The company is licensed to trade forex and CFDs by the Cyprus Securities and Exchange Commission under license # 143/11. The company offers several different trading platforms including a web browser and a mobile app. The physical office I slocated at the corner of Agiou Andreou & Venizelou Streets, Vashiotos Agiou Andreou Building, Second Floor, P.O.B 54216, Limassol, Cyprus.
Vestle offers several ways to contact the company including an email address for technical support, trading support and customer support. They list several phone numbers where you can touch base with support as well as inquire regarding general information. The company lists their telephone number in 10-different European countries. All of their legal documentation is listed on their website and conveniently located in one area.
Vestle offers a wide variety of trading tools with a focus on contracts for differences. The CFDs offered include several commodities, indices, currencies as well as shares. When you trade a CFD, you are only responsible for the change in the price of the security. You don’t actually have to purchase or sell the security. In addition, Vestle offers several Exchange Traded Funds (ETFs). These are trading products that capture sectors of the markets. For example, if you wanted to speculate on the direction of the energy sector, you could purchase or sell the XLE ETF.
News and Information
Vestle offers its clients an economic calendar that provides forecasts of key economic events. Economic data is listed for a range of dates, along with a forecast which describes the average estimate for economists following that event. Additionally, Vestle lists the actual press release along with the previous releases. This will allow traders to compare and see if the actual press release was better than or worse than expectations. This information helps drive the prices of many CFDs.
Unlike MT4, the Vestle trading platforms are customized. Their browser version, FXnet, is a web-based platform that was developed and adapted based on more than 20-years of experience in building forex platforms. The FXnet meets the requirements of all levels of traders by displaying multiple tools and features and are extremely easy to use. Vestle also provides clients with a mobile platform for traders that are on the go. The mobile platform allows customers to quickly place trades and constantly monitor positions. You will have access to your wallet, positions, equity and margin details. You can easily download the Vestle mobile application from the Apple Store or Google Play.
Vestle makes the process of getting started relatively simple. They request that you describe what kind of trader you are, which falls into one of three categories. Are you a specialized trader, a diversified portfolio trader or an all in one trader? They also offer one on one training which makes the process of getting up to speed easier.
Vestle is the European trading arm of one of the most respected forex names in the business. iFOREX has more than 20-years of trading experience and they are delivering a customized platform to traders across Europe. Their web-based platform and mobile app, appeals to traders on the go, and will allow you to monitor your risk and balance if you need to leave your office.