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Virtual Brokers Guide – Read our In-Depth Virtual Brokers Review

This Virtual Brokers review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Virtual Brokers review does not apply to US users.

This Virtual Brokers review contains the most recent information about Virtual Brokers.

If you're a new entrant in the world of trading and brokerage, so many details will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You will acquire adept at all the concepts of broker since you keep trading. For starters, you have to choose the ideal agent who'll be clear with you constantly.

Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment program will generate hefty returns. Virtual Brokers is one such platform that will take you and your investment to great heights. It is crucial that you understand about Virtual Brokers before you trust them with your cash.

Virtual Brokers review

Our full Virtual Brokers Review covers everything you need to know about trading using Virtual Brokers. A good agent can multiply your first investments and give you positive profits. If you would like to make profits, you must trade with a broker service that contrasts with your investing goals.

There's absolutely no sure-fire way to guarantee profits; therefore, you should carefully assess your agent before you select them. It's a common misconception that all agents are exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk.

Virtual Brokers is a broker which has forged its way successfully into the broker world. Within this review, we have attempted to collate a number of the important aspects of Virtual Brokers. This review will help you to understand whether Virtual Brokers is a good match for your own investments or not. We've tried to breakdown all of the qualities and charges for your convenience.

Virtual Brokers Review, Table Of Contents

Who are Virtual Brokers?

Virtual Brokers is a forex broker headquartered in Canada and provides a range of instruments for trading. Since its establishment in 2008, Virtual Brokers has emerged as a top player in the field of online brokerage. Virtual Brokers includes a highly aggressive and full-featured trading website that is focused on currency, indices, metals, stocks and commodities.

Over the past 13 years, Virtual Brokers has grown into one of the leading online brokers.

After launching in 2008, their consumer base is becoming as large as 10,000+ clients.

Virtual Brokers is the favorite of many traders.. Our Virtual Brokers review discovered that they are an superb choice for automated trading solutions. It's best suited for investors who are searching for a variety of assets. Social and automated trading options are the core at Virtual Brokers.

Technology plays a significant role in Virtual Brokers. Virtual Brokers features trading on MT4,Desktop,iPhone/iOS. Virtual Brokers is honest, transparent, and also a well-regulated agent by the The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF). Their outstanding variety of resources will be beneficial for most traders. Third-party partnerships also provide in-house research.

The educational section at Virtual Brokers is quite enlightening for new dealers as it allows them to have a closer look at the financial markets. Virtual Brokers caters to all sorts of traders and are a must-have broker for any well-diversified approach to trading.

Benefits of doing online trading with Virtual Brokers?

Trading with Virtual Brokers includes numerous benefits. These advantages are what sets Virtual Brokers apart from all other online brokers. You need to check all the benefits listed so that you have a better understanding of Virtual Brokers.

The broker goes to great lengths to comprehend what dealers need. As a result, the service price is low, quick, and convenient. The agent also gives a variety of programs for all kinds of traders. Virtual Brokers helps to ensure that the individual needs of all traders are completely met.

Virtual Brokers also includes excellent trading conditions which are available to only an elite group of institutional clients. The tight spreads and fast executions are a great advantage for those traders. The technology embraced by Virtual Brokers is among the highest caliber, making sure that it is fast, reliable, and efficient.

Virtual Brokers acknowledges the importance of having a fast order execution. A fast execution enables users to exchange without worrying about slippage safely. It is going to also aid the traders to catch the utmost profitable opportunities.

Automated trading is another important aspect of Virtual Brokers. A new trader can learn from business experts using the automatic trading alternative. The tight spread begins from as low as 0.0 pips, even though they are available for only razor accounts.

Virtual Brokers has over 250 trading instruments to support all types of traders. These instruments are lively and suitable for both the new and seasoned traders. The traders can set aside all their concerns when trading with Virtual Brokers.

Virtual Brokers overview

Year Founded: 2008

Regulated By: The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF)

Hedquarters: Canada

Minimum Deposit: $1000

Number Of Clients: 10,000+

Your capital is at risk

If you feel that Virtual Brokers is not right for you then at the bottom of this Virtual Brokers review you wil find a lot of alternatives to Virtual Brokers.

Everything you should know about trading using Virtual Brokers

Virtual Brokers is a lively platform that offers various techniques of trading online. These tools cover the financial markets considerably. The Majority of the brokerage platforms provide fewer approaches than Virtual Brokers

If you want to exchange with Virtual Brokers, you will require a minimum deposit of $1000. This deposit is required if you wish to start trading using Virtual Brokers. This 2021 Virtual Brokers review will direct you easily about trading with them.

Virtual Brokers is as versatile as any other brokerage platform. Virtual Brokers is ideal for traders who want a manageable assortment of cheap services. The programs supplied by Virtual Brokers are third party, white-label offerings. All traders can choose out of MT4,Desktop,iPhone/iOS.

Together with everything, Virtual Brokers has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time on which a transaction has to be kept available. The agents offer premium customer service which rewards customers with advantages.

Many less reputable brokers try to pressurise customers into larger financing for premium services. Virtual Brokers, on the other hand, is more concentrated on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the more advantages will become available.

Virtual Brokers accounts are available around the world and provides excellent service everywhere they have clients. There are some select few countries where Virtual Brokers accounts are not available. Traders in the following countries cannot open or use a Virtual Brokers account:

Is Virtual Brokers Safe To Trade With?

Established in 2008, Virtual Brokers has been open for 13 years, they are headquarted in Canada.

Virtual Brokers is regulated by The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF). These figures have rules that mandate that trading platforms have measures in place to keep investor's assets secured. This means that Virtual Brokers users don't need to worry about their money as it's segregated and safely kept in established banks. SSL encryption simplifies each user's personal information as well.

You can make use of an option for Two Factor Authentications (2FA) with Virtual Brokers for heightened security. An SMS with the verification code will be sent to a mobile phone. You'll be asked to enter this code to log in to your account.

Another concern with fiscal brokers with respect to security might be manipulation of trading. This is highly disadvantageous for users on these platforms. Nonetheless, this is more widespread in the example of Market Maker brokers who compete with customers on the stage.

Pro's & Con's Of Trading With Virtual Brokers

Every online trading platform has a few pros and cons Virtual Brokers review would be complete without having a balanced approach. This Virtual Brokers review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Virtual Brokers Pro's

  • Virtual Brokers is trusted by 10,000+ clients
  • Virtual Brokers doesn't charge inactivity fees
  • Virtual Brokers doesn't charge deposit fees
  • Virtual Brokers doesn't charge CFD fees
  • Virtual Brokers offer trading on MT4,Desktop,iPhone/iOS
  • Virtual Brokers offer 250 trading instruments
  • Virtual Brokers trades major forex pairs
  • Virtual Brokers can communicate in

Virtual Brokers Con's

  • Virtual Brokers does not offer Negative Balance Protection
  • Virtual Brokers does not offer Guaranteed Stop Loss
  • Virtual Brokers charge withdrawal fees
  • Virtual Brokers doesn't trade minor forex pairs
  • Virtual Brokers doesn't trade exotic forex pairs
  • Virtual Brokers doesn't offer trading on cryptocurrencies

Virtual Brokers Review - Compare Brokers Similar To Virtual Brokers

Virtual Brokers AccentForex Interactive Brokers BNP Paribas
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $1000 $100 $10000 $100
Year Founded 2008 1998 1977 2004
Headquarters Canada Vanuatu United States UK
Regulated By The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF) Unregulated Financial Conduct Authority (FCA) Financial Conduct Authority (FCA)
Clients 10,000+ 10,000+ 10,000+ 10,000+
Find Out More
Risk Warning Your capital is at risk Your capital is at risk Losses can exceed deposits Your capital is at risk

Virtual Brokers Review - Regulation And Licencing In More Detail

Virtual Brokers is regulated by The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF).

Virtual Brokers, as a company, has a powerful set of rules for ensuring honest trading onto its own platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL).

As per the organization's privacy regulations, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.

Virtual Brokers Review - Awards

    At the time of writing this Virtual Brokers review, they had not received any awards.

Virtual Brokers Review - Minimum Deposit Required

The minimum deposit you must deposit to begin on Virtual Brokers is $1000. This is a decent amount for those just beginning. You can create more complex residue as you cooperate. But, ensure you understand how to make the most of your cash before investing in larger sums.

Virtual Brokers Review - Commission And Fees Explained

Virtual Brokers is an online brokerage platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily influenced by the amount of customers they have.

However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly three different types of fees for this objective.

The first kind of charges to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In such cases, you are paying a spread, funding rate, or even a commission. The sorts of trading fees and the rates differ from broker to broker.

Commissions can be fixed or determined by the traded volume. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight rates are people that are billed when you maintain a leveraged position for longer than a day.

Apart from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your accounts. They're billed for surgeries like depositing cash, not investing for long periods, or withdrawals.

In general, Virtual Brokers doesn't charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who regularly trade, for example daily or weekly trading.

But, non-trading fees charged by Virtual Brokers are comparatively greater. As a result, you are billed more for non-trading activities on your trading accounts, like withdrawal and deposits. These are not about the purchase and sale of resources.

This Virtual Brokers review breaks down each of the relevant non-trading fees for you in detail.

Compare broker fees against Virtual Brokers

Virtual Brokers AccentForex Interactive Brokers BNP Paribas
Minimum Deposit $1000 $100 $10000 $100
Withdrawal Fees variable variable 10 USD variable
Inactivity Fees Yes
Deposit Fees No
CFD Fees Yes

Virtual Brokers Review - Withdrawal Fees Explained

Virtual Brokers charges a withdrawal fee when you create a bank transfer. Every time you transfer money into your bank accounts, these withdrawal charges become applicable.

Withdrawal of cash is possible at any time from the Virtual Brokers account. It's possible to draw up sums to the amount of your account balance, keeping aside the margin used. One thing to keep in mind is that you don't necessarily need to have any money in your account.

In addition, the withdrawn money will be transferred directly to the account you use to create deposits. Thus, if you used a credit card for deposits, then the withdrawn cash will be sent into the card. Virtual Brokers will ask you to provide other withdrawal methods if your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you are withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the money you're choosing to withdraw in.

Virtual Brokers Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of the buzzing questions that run through your head when open an account with Virtual Brokers. An inactivity fee is an amount charged to registered dealers that haven't engaged in buying or selling for a while. The period regarded as inactive is determined by the agent.

The inactivity fee differs from one agent to another and isn't standardized. If a traders account does not have a buying or selling transaction, it is maintained by the agent as an inactivity fee. The traders have to pay this commission under terms and conditions that they had consented while enrolling.

Virtual Brokers doesn't charge inactivity fees so you are free to use your account as needed

Even if no fees have been implied by Virtual Brokers, it is best for you to close the account if you are inactive. Inactivity fees aren't just charged by brokerage firms but also many financial services.

For other trading platforms, the inactivity fee is contingent on the sort of account you have chosen. The inactivity fee is subjected to a lot of conditions and needs to be disclosed clearly by the broker beforehand.

Virtual Brokers Review - Deposit Fees Explained

When you transfer money in your trading account by your bank account, a deposit fee can be billed by the broker. Most agents do not charge an excessive amount of money for this particular operation.

Virtual Brokers doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing money on the Virtual Brokers trading platform is easy. You simply have to complete a single-user profile survey to start depositing money into your trading account. You'll need to give an identity evidence and evidence of residency to deposit substantial amounts.

Virtual Brokers Review - Compare Broker Deposit Methods

Virtual Brokers AccentForex Interactive Brokers BNP Paribas
Minimum Deposit $1000 $100 $10000 $100
Credit Card
PayPal
Neteller
Skrill
Payoneer

What Can You trade With Virtual Brokers?

Note: Virtual Brokers offers many different trading instruments due to regulatory restrictions in various countries. Trading instruments offered will differ depending on the country of residence of the client.

Virtual Brokers has a wide variety of over 250 instruments available for you to trade with.

If trading forex pairs is of interest to you then Virtual Brokers offer over forex pairs.

Compare Virtual Brokers, AccentForex, Interactive Brokers & BNP Paribas below.

Virtual Brokers AccentForex Interactive Brokers BNP Paribas
Platforms MT4, Desktop, iPhone/iOS MetaTrader 4 Web Trader, NinjaTrader, Tablet & Mobile apps iPhone/iPad, Mac, Desktop,
Instruments Available 250 23 100 60
Forex & Crypto
Forex Pairs Available 10
Offers Major Forex Pairs? Yes Yes Yes No
Offers Minor Forex Pairs? No Yes No
Offers Exotic Forex Pairs? No Yes NO
Offers Cryptocurrencies? No Yes No NO
Commodity CFD's
Commodities Offered 0 0 0 0
Trade Metals? No Yes Yes No
Trade Energies? No Yes Yes No
Trade Agricultural? No Yes Yes No
Indiced & Stock CFDs
Stocks Offered 0 0 0
Trade UK Shares? No No Yes No
Trade US Shares? No Yes Yes NO
Trade German Shares? No No Yes No
Trade Japanese Shares? No No Yes No


Your capital is at risk


Your capital is at risk


Losses can exceed deposits


Your capital is at risk

Alternatives To Virtual Brokers

If, after studying this Virtual Brokers review, Virtual Brokers doesn't meet your requirements check out these Virtual Brokers alternatives.

We've scoured the web to find the best alternatives to Virtual Brokers. Click the hyperlinks below to learn more.

Frequently Asked Questions about Virtual Brokers

Can I try Virtual Brokers before I buy?

Yes, you can most certainly try Virtual Brokers before you buy. Virtual Brokers provides demo accounts for the convenience of beginner traders. You can use this feature to build your faith in the system and yourself and your trading strategies.

If you register to get a demonstration account on Virtual Brokers, you will set out with a decent amount of virtual currency. It's to establish a sense of safety and confidence in you until you choose to spend your own money.

With this digital Virtual Brokersdemo account, you are able to experiment at all, to whatever period you wish. You can also start positions, examine different trading approaches, and much more.

Virtual Brokers specifies on its official site which you are able to trade real time stocks with your demo account.

Is Virtual Brokers safe?

It is possible to drop all your worries since we believe that Virtual Brokers is completely safe to use. It's in compliance with all the rules of The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF).

Nevertheless, Virtual Brokers does not provide assured stop-loss protection.

Why does Virtual Brokers ask for my passport?

The reason that Virtual Brokers asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Virtual Brokers has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Virtual Brokers must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Virtual Brokers?

The process to start trading withVirtual Brokers is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Virtual Brokers website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Virtual Brokers is $1000. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Virtual Brokers.

The best way to kickstart your trading career with Virtual Brokers is to open a demo account facility before risking any real money

What funding methods do Virtual Brokers accept?

There are multiple ways to finance your accounts with Virtual Brokers. The process is effortless and quick, with different payment methods in your fingertips.

You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You must bear in mind that PayPal isn't available in all country. The monies Virtual Brokers

Is my money safe with Virtual Brokers?

Yes, your cash is safe and secure with Virtual Brokers. As you already know, Virtual Brokers works with good conformation to. It's established plenty of steps to protect all its investors.

Virtual Brokers protects its clients' private and sensitive data under SSL encryption. Your funds will be retained highly secure in top-tier banks.

If you wish to further protect your accounts, it is possible to empower Two-Step Verification also. It takes an SMS confirmation that you access your accounts.

Is Virtual Brokers trading good?

Yes, trading through Virtual Brokers is a pleasant and decent experience indeed. It's an excellent and intuitive platform with useful features for your simplicity. In addition, you could even obtain access to a vast collection of educational tools and assistive substance to kickstart your trading expertise.

If you are still skeptical, it is possible to open a eToro demo account and assess the credibility of the platform for yourself.

Which Countries does Virtual Brokers support?

Virtual Brokers operates around the world. However, due to regulations there are some countries that Virtual Brokers do accept clients resident in

Is Virtual Brokers legit?

Virtual Brokers is a legit company headquarted in Canada since 2008. They are regulated by The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF). Virtual Brokers is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Virtual Brokers a good broker?

Virtual Brokers is an excellent broker, and its users can vouch for it. The highlight of this platform is its quick order execution on transactions.

You will discover the clean layout of the platform along with the admirable features that a pleasure to work with.

Is Virtual Brokers a trustworthy broker?

Yes, Virtual Brokers is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Virtual Brokers?

The minimum deposit to open a live account with Virtual Brokers is $1000

How long do Virtual Brokers withdrawals take?

Normally, withdrawal of money from Virtual Brokers is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Virtual Brokers to show in your bank account.

Are Virtual Brokers regulated?

Virtual Brokers are regulated by The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF)

Is Virtual Brokers a market leading broker?

Virtual Brokers is currently one of the industry leaders. It has over 10,000+ registered customers and over 13 years of expertise on its record. They are among the world's top trading platforms and a dominant figure in the Fintech revolution.

It simplifies this status to its incredible platform and broad selection of resources plus tools so that you may put money into capital markets.

Is Virtual Brokers a con?

No, Virtual Brokers is not a con. They are regulated by The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF) and must adhere to their rules. Thus, it is safe to say that Virtual Brokers is not a scam.

Can you make money with Virtual Brokers?

Using Virtual Brokers, many traders make a lot of money. But typically, through continual trading, you also can make between 2% - 10% profit a month.

This can look to be a little number, but over the year, this adds to a significant amount of gains. While Virtual Brokers supply you all of the tools to earn money, they cannot guarantee you will profit.

Does Virtual Brokers have fees?

Yes. To start trading with Virtual Brokers, you need to deposit $1000. Particular commissions while trading also applies. Any processing fees from your bank will need to be incurred by you.

When was Virtual Brokers founded?

Virtual Brokers was founded in 2008 in Canada. Virtual Brokers is regulated by The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF).

How many people use Virtual Brokers?

Virtual Brokers is a globally recognised broker with 10,000+ clients.

Where is the Virtual Brokers head office?

Virtual Brokers has its head office in Canada

Does Virtual Brokers offer negative balance protection?

No. Virtual Brokers doesn't offer negative balance protection. If your balance is negative, Virtual Brokers suggests that you contact customer services. For this, you can correct any imbalances within your own account.

Does Virtual Brokers offer guaranteed stop loss?

Virtual Brokers unfortunately, does not offer guaranteed stop loss. Virtual Brokers gives a chance for its dealers to close their trades at their given price. Apart from this, Virtual Brokers does not provide guaranteed stop loss.

Does Virtual Brokers allow scalping?

Yes, Virtual Brokers do permit scalping. Several traders across the world choose Virtual Brokers due to their services that are trading. They offer trading on MT4,Desktop,iPhone/iOS which allow this.

Does Virtual Brokers allow hedging?

Yes, Virtual Brokers does allow hedging.

Can you trade energies with Virtual Brokers?

No, unfortunately you cannot trade energy stock with Virtual Brokers

Can you trade agricultural shares with Virtual Brokers?

No, unfortunately you cannot trade agricultural stock with Virtual Brokers

Can you trade cryptocurrency with Virtual Brokers?

No, unfortunately you cannot trade cryptocurrency with Virtual Brokers

Can you trade metals with Virtual Brokers?

No, unfortunately you cannot trade metals with Virtual Brokers

Can you trade UK Shares with Virtual Brokers?

No, unfortunately you cannot trade UK shares with Virtual Brokers

Can you trade US Shares with Virtual Brokers?

No, unfortunately you cannot trade US shares with Virtual Brokers

Can you trade Japanese Shares with Virtual Brokers?

No, unfortunately you cannot trade Japanese shares with Virtual Brokers

Can you trade German Shares with Virtual Brokers?

No, unfortunately you cannot trade German shares with Virtual Brokers

Does Virtual Brokers accept bank transfers?

No, Virtual Brokers does not accept bank transfers.

Does Virtual Brokers accept credit cards?

No, Virtual Brokers does not accept credit cards.

Does Virtual Brokers accept PayPal?

No, Virtual Brokers does not accept PayPal.

Does Virtual Brokers accept Skrill?

No, Virtual Brokers does not accept Skrill.

Does Virtual Brokers accept Payoneer?

No, Virtual Brokers does not accept Payoneer.

Does Virtual Brokers accept Neteller?

No, Virtual Brokers does not accept Neteller.

Does Virtual Brokers offer Live Chat customer support?

No, Virtual Brokers does not offer customer support through live chat.

Does Virtual Brokers offer phone customer support?

No, Virtual Brokers does not offer customer support over the telephone.

Does Virtual Brokers offer email customer support?

No, Virtual Brokers does not offer customer support through email.

What languages can Virtual Brokers communicate in?

Virtual Brokers has the ability to communicate and support customers who speak:

Does Virtual Brokers have a wikipedia page?

No, Virtual Brokers does not have an official wikipedia page.

Does Virtual Brokers offer demo accounts?

Yes, Virtual Brokers offers demo accounts so you can learn their systems before risking any real money.