VTB 24 Bank Guide – Read our In-Depth VTB 24 Bank Review
VTB 24 Bank Rating: 2.86 / 10
Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.
This VTB 24 Bank 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 VTB 24 Bank review does not apply to users in BR, KR, IR, IQ, SY, JP, US
If you are a new entrant in the world of trading and brokerage, so many facts will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You will acquire proficient at all of the concepts of broker since you continue trading. For starters, you need to choose the right agent who'll be transparent with you always.
Within this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program will generate hefty returns. VTB 24 Bank is one such stage which will take you and your investment into great heights. It's important that you know about VTB 24 Bank before you trust them with your cash.
VTB 24 Bank Review – Brief Summary
VTB 24 Bank Telephone Number:
VTB 24 Bank Email Address:
VTB 24 Bank Address:
Number Of Clients:
10,000+ VTB 24 Bank users and traders
VTB 24 Bank LinkedIn:
VTB 24 Bank Facebook:
VTB 24 Bank Facebook Likes:
VTB 24 Bank Twitter:
VTB 24 Bank Twitter Followers:
VTB 24 Bank Instagram:
VTB 24 Bank Instagram Followers:
VTB 24 Bank Youtube:
Your capital is at risk
|VTB 24 Bank Telephone Number:|
|VTB 24 Bank Email Address:|
|VTB 24 Bank Address:|
|Number Of Clients:||10,000+ VTB 24 Bank users and traders|
|VTB 24 Bank LinkedIn:|
|VTB 24 Bank Facebook:|
|VTB 24 Bank Facebook Likes:||0|
|VTB 24 Bank Twitter:||@|
|VTB 24 Bank Twitter Followers:||0|
|VTB 24 Bank Instagram:|
|VTB 24 Bank Instagram Followers:||0|
|VTB 24 Bank Youtube:|
Your capital is at risk
Our entire VTB 24 Bank Review covers all you need to know about trading using VTB 24 Bank. A fantastic broker can multiply your first investments and give you favourable profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investment objectives.
There is no sure-fire method to ensure profits; thus, you should carefully assess your broker before you select them. It's a frequent misconception that all agents are the same, but that is not true. Wrong judgment, initially, can set your investments at risk.
VTB 24 Bank is a broker which has found its way successfully into the brokerage world. Within this review, we have tried to collate a number of the vital facets of VTB 24 Bank. This review will allow you to understand whether VTB 24 Bank is a fantastic fit for your own investments or not. We've attempted to breakdown all the features and charges for your advantage.
VTB 24 Bank Review, Table Of Contents
- Who are VTB 24 Bank?
- Benefits Of Trading With VTB 24 Bank
- Everything you should know about trading with VTB 24 Bank
- Is VTB 24 Bank Safe To Trade With?
- VTB 24 Bank Risk Disclaimer
- Pro's & Con's Of Trading With VTB 24 Bank
- Compare Brokers Similar To VTB 24 Bank
- Regulation And Licencing In More Detail
- VTB 24 Bank Awards
- Minimum Deposit Required For A Live Account With VTB 24 Bank
- VTB 24 Bank Commission And Fees Explained
- Compare broker fees against VTB 24 Bank
- VTB 24 Bank Withdrawal Fees Explained
- VTB 24 Bank Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With VTB 24 Bank?
- Alternatives To VTB 24 Bank
- Frequently Asked Questions About VTB 24 Bank
Who are VTB 24 Bank?
VTB 24 Bank is a forex broker headquartered in Russia and provides a range of instruments for online trading. Since its inception in 2008, VTB 24 Bank has emerged as a leading player in the field of online broker. VTB 24 Bank has an extremely competitive and full-featured trading site that is focused on currency, indices, metals, shares, commodities.
Over the past 13 years, VTB 24 Bank has grown into one of the leading online brokers.
After establishing in 2008, their client base is becoming as large as 10,000+ clients.
VTB 24 Bank is the favourite of many traders.. Our VTB 24 Bank review found that they are an superb alternative for automated trading options. They're best suited for investors who are looking for a variety of assets. Social and automated trading solutions are the core at VTB 24 Bank.
Technology plays a significant role at VTB 24 Bank. VTB 24 Bank features trading on Desktop, Tablet & Mobile apps,Mac. VTB 24 Bank is fair, transparent, and a well-regulated agent by the Unregulated. Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The educational section at VTB 24 Bank is very enlightening for new traders as it allows them to get a closer look in the financial markets. VTB 24 Bank caters to all sorts of traders and are a must-have broker for any well-diversified method of trading.
VTB 24 Bank Videos
If you feel that VTB 24 Bank is not right for you then at the bottom of this VTB 24 Bank review you wil find a lot of alternatives to VTB 24 Bank.
Everything you ought to know about trading using VTB 24 Bank
VTB 24 Bank 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 less procedures than VTB 24 Bank
If you want to exchange with VTB 24 Bank, you will require a minimum deposit of $100. This deposit is compulsory if you wish to begin trading using VTB 24 Bank. This 2021 VTB 24 Bank review will guide you clearly about trading with them.
VTB 24 Bank is as flexible as any other broker platform. VTB 24 Bank is great for traders who want a manageable assortment of cheap services. The programs provided by VTB 24 Bank are third-party, white-label offerings. All traders may choose out of Desktop, Tablet & Mobile apps,Mac.
Together with everything, VTB 24 Bank has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a transaction must be kept open. The agents offer premium customer service that rewards clients with benefits.
Many unprofessional brokers attempt to pressurise users into bigger funding for premium services. VTB 24 Bank, on the other hand, is much more concentrated on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the greater benefits will come along.
VTB 24 Bank accounts are available all over the world and provides outstanding service everywhere they have clients. There are a few countries where VTB 24 Bank accounts are not available. Traders in the following countries cannot open or use a VTB 24 Bank account:
BR, KR, IR, IQ, SY, JP, US
Is VTB 24 Bank Safe To Trade With?
Established in 2008, VTB 24 Bank has been operating for 13 years, they are headquarted in Russia.
VTB 24 Bank is regulated by Unregulated. These figures have rules that make sure that trading platforms have steps in place to keep investor's resources secured. This means that VTB 24 Bank users do not need to worry about their money since it is segregated and safely stored in banks that are established. SSL encryption secures every user's private information also.
You are able to make use of an option for Two Factor Authentications (2FA) with VTB 24 Bank for heightened safety. An SMS for the confirmation code will be sent to your mobile phone. You will be asked to input this code to log into your account.
Another concern with fiscal brokers with respect to safety might be manipulation of trading. This is highly disadvantageous to users on these platforms. Nonetheless, this is much more prevalent in the example of Market Maker agents who compete with users on the platform.
VTB 24 Bank Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With VTB 24 Bank
Every online trading platform will have some ups and downs, and no VTB 24 Bank review would be complete without showing both sides. This VTB 24 Bank 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.
VTB 24 Bank Pro's
- VTB 24 Bank is trusted by 10,000+ clients
- VTB 24 Bank has low minimum deposit requirements
- VTB 24 Bank doesn't charge withdrawal fees
- VTB 24 Bank doesn't charge inactivity fees
- VTB 24 Bank doesn't charge deposit fees
- VTB 24 Bank doesn't charge CFD fees
- VTB 24 Bank offers copy trading
- VTB 24 Bank offer trading on Desktop, Tablet & Mobile apps,Mac
- VTB 24 Bank offer 252 trading instruments
- VTB 24 Bank trades major forex pairs
- VTB 24 Bank can communicate in English, and Chinese
VTB 24 Bank Con's
- VTB 24 Bank does not offer Negative Balance Protection
- VTB 24 Bank does not offer Guaranteed Stop Loss
- VTB 24 Bank doesn't trade minor forex pairs
- VTB 24 Bank doesn't trade exotic forex pairs
- VTB 24 Bank doesn't offer trading on cryptocurrencies
- VTB 24 Bank doesn't offer social trading
- VTB 24 Bank doesn't offer trailing stop
VTB 24 Bank Review - Compare Brokers Similar To VTB 24 Bank
|VTB 24 Bank||Colmex||Capital SV Investments||Ascot Securities|
|Rating||2.86 / 10||4.46 / 10||3.98 / 10||4.23 / 10|
|Regulated By||Unregulated||Securities and Exchange Commission (SEC)||Cyprus Securities and Exchange Commission (CySEC)||Cyprus Securities and Exchange Commission (CySEC)|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk|
VTB 24 Bank Review - Regulation And Licencing In More Detail
VTB 24 Bank is regulated by Unregulated.
VTB 24 Bank, as a business, has a powerful set of rules for ensuring fair trading on its own platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, client data is to not be shared with some other institutions or individuals. This includes credit history and other financial information.
VTB 24 Bank Review - AwardsAt the time of writing this VTB 24 Bank review, and despite VTB 24 Bank’s impressive offering, the company has surprisingly not garnered any other awards to date.
VTB 24 Bank Trading Platforms
VTB 24 Bank are a professional trading platform that has been open for over 13 years. They offer a large range of options in their user accounts.
In the following table we take the main parts of any professional online broker and compare VTB 24 Bank with Colmex, Capital SV Investments, and Ascot Securities
VTB 24 Bank Review - Minimum Deposit Required
The minimum deposit that you must deposit to get started on VTB 24 Bank is $100. This is a decent amount for people just beginning. You can create more complex residue as you cooperate. However, ensure you know how to make the most of your cash before investing larger amounts.
VTB 24 Bank Review - Commission And Fees Explained
VTB 24 Bank 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 companies of online brokerages are scaled better. In other words, an internet broker isn't necessarily affected by the number of customers they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly three different types of fees for this purpose.
The first sort of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are charged trading charges. In such instances, you are paying a spread, financing rate, or a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are those who are billed when you maintain a leveraged position for longer than daily.
Apart from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake in your accounts. They're charged for services like depositing money, not trading for lengthy periods, or withdrawals.
Generally, VTB 24 Bank does not charge high fees in comparison to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for those who regularly exchange, such as weekly or daily trading.
But, non-trading fees billed by VTB 24 Bank are comparatively greater. As a result, you're charged more for non-trading activities in your trading account, such as deposits and withdrawal. These aren't about the sale and purchase of assets.
This VTB 24 Bank review breaks down each of the relevant non-trading charges for you in detail.
Compare broker fees against VTB 24 Bank
VTB 24 Bank Review - Withdrawal Fees ExplainedVTB 24 Bank doesn't charge withdrawal fees
Withdrawal of money is possible at any moment from your VTB 24 Bank account. It's possible to draw sums up to the amount of your account balance, keeping aside the perimeter utilized. One thing to remember is that you don't necessarily need to have any money on your accounts.
In addition, the withdrawn money will be moved directly to the account you use to create deposits. Therefore, in the event that you used a credit card for deposits, the withdrawn cash will be sent to the card. VTB 24 Bank will ask you to provide other withdrawal methods in case 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 important. The conversion fee will depend on the currency you're choosing to draw in.
VTB 24 Bank Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of those buzzing questions which run through your mind when open an account with VTB 24 Bank. 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 broker.
The inactivity fee also differs from 1 broker to another and is not generalized. If a traders account does not have a purchasing or selling transaction, it is maintained by the broker as an inactivity fee. The traders need to pay this commission under terms and conditions that they had agreed while enrolling.
VTB 24 Bank doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no fees are indicated by VTB 24 Bank, it's better for you to close the account if you're inactive. Inactivity fees are not only charged by broker firms but also many financial services.
For other trading platforms, the inactivity fee is contingent upon the type of account you have chosen. The inactivity fee is subjected to many conditions and needs to be revealed clearly by the agent beforehand.
VTB 24 Bank Review - Deposit Fees Explained
When you transfer money into your trading account from your bank account, a deposit fee can be billed by the broker. Most agents do not charge too much money for this particular operation.
VTB 24 Bank doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the VTB 24 Bank trading platform is easy. You just need to complete a single-user profile survey to begin depositing money into your trading account. You will need to give an identity proof and proof of residency to deposit large amounts.
VTB 24 Bank Review - Compare Broker Deposit Methods
What Can You Trade With VTB 24 Bank?
Note: VTB 24 Bank provides many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can be different depending on the country of residence of the client.
VTB 24 Bank has a wide variety of over 252 instruments available for you to trade with.
If trading forex pairs is of interest to you then VTB 24 Bank offer over currency pairs.
Compare VTB 24 Bank, Colmex, Capital SV Investments & Ascot Securities below.
Reviewing The VTB 24 Bank Mobile App
Note: VTB 24 Bank's mobile app has many functions and is being developed all the time. The table below was accurate at the time of writing this VTB 24 Bank review.
Understand the capabilities of the mobile apps of VTB 24 Bank, Colmex, Capital SV Investments & Ascot Securities below.
Alternatives To VTB 24 Bank
If, after reading this VTB 24 Bank review, they do not quite fulfill your requirements check out these VTB 24 Bank alternatives.
We have scoured the web to find the best alternatives to VTB 24 Bank. Click on the links below to learn more.
Frequently Asked Questions about VTB 24 Bank
Can I try VTB 24 Bank before I buy?
Yes, you can most definitely try VTB 24 Bank before you buy. VTB 24 Bank provides demo accounts for the ease of new traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register for a demo account on VTB 24 Bank, you will set out using a decent amount of virtual currency. It is to establish a sense of security and confidence in you before you decide to invest your own money.
With this digital VTB 24 Bankdemo account, you can experiment at all, to whatever length you wish. You can even start positions, test different trading approaches, and much more.
VTB 24 Bank specifies on its official site that you can exchange real time stocks in a demo account.
Is VTB 24 Bank safe?
It is possible to drop all your worries since we believe that VTB 24 Bank is perfectly safe to use. It is in compliance with the principles of Unregulated.
Nevertheless, VTB 24 Bank doesn't provide assured stop-loss protection.
Why does VTB 24 Bank ask for my passport?
The reason that VTB 24 Bank 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, VTB 24 Bank 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, VTB 24 Bank 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 VTB 24 Bank?
The process to start trading withVTB 24 Bank is perhaps simple enough to be a cakewalk. You need to begin by signing up on the VTB 24 Bank 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 account with VTB 24 Bank is $100. You should have a good understanding of 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 VTB 24 Bank.
The best way to kickstart your trading career with VTB 24 Bank is to open a demo account facility before risking any real money
What funding methods do VTB 24 Bank accept?
There are a number of methods to fund your accounts with VTB 24 Bank. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You have to bear in mind that PayPal isn't available in all country. The currencies VTB 24 Bank
Is my money safe with VTB 24 Bank?
Yes, your cash is safe and protected with VTB 24 Bank. As you know, VTB 24 Bank works with proper conformation to. It has established plenty of measures to guard all its own investors.
VTB 24 Bank safeguards its customers' private and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you wish to further safeguard your accounts, you can enable Two-Step Verification also. It requires an SMS confirmation that you access your accounts.
Is VTB 24 Bank trading good?
Yes, trading through VTB 24 Bank is a pleasant and decent experience indeed. It is an excellent and intuitive platform with helpful features for your ease. Moreover, you could also obtain access to a huge collection of educational resources and assistive substance to kickstart your trading expertise.
If you remain skeptical, it is possible to open a eToro demo account and assess the trustworthiness of the platform on your own.
Which Countries does VTB 24 Bank support?
VTB 24 Bank operates across the globe. However, due to regulations there are some countries that VTB 24 Bank do accept clients from BR, KR, IR, IQ, SY, JP, US
Is VTB 24 Bank legit?
VTB 24 Bank is a legit company headquarted in Russia since 2008. They are regulated by Unregulated. VTB 24 Bank 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 VTB 24 Bank a good broker?
VTB 24 Bank is a great agent, and its users can vouch for this. The highlight of this platform is its quick order execution on trades.
You will find the clean layout of this platform and the admirable features a pleasure to work with.
Is VTB 24 Bank a trustworthy broker?
Yes, VTB 24 Bank 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 VTB 24 Bank?
The minimum deposit to open a live account with VTB 24 Bank is $100
How long do VTB 24 Bank withdrawals take?
Normally, withdrawal of money from VTB 24 Bank 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 VTB 24 Bank to show in your bank account.
Are VTB 24 Bank regulated?
VTB 24 Bank are regulated by Unregulated
Is VTB 24 Bank a market leading broker?
VTB 24 Bank is currently among the business leaders. It has over 10,000+ registered users and over 13 years of expertise on its record. They're among the world's top trading platforms and a dominant figure in the Fintech revolution.
It simplifies this standing to its incredible platform and broad range of resources plus tools so that you can put money into capital markets.
Is VTB 24 Bank a con?
No, VTB 24 Bank is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that VTB 24 Bank is not a scam.
Can you make money with VTB 24 Bank?
Through VTB 24 Bank, many traders make a lot of money. However, on average, through consistent trading, you also can make between 2% - 10% profit a month.
This may seem like a small number, but over the year, this adds to a substantial amount of gains. While VTB 24 Bank supply you all the tools to make money, they can't guarantee that you will profit.
Does VTB 24 Bank have fees?
Yes. To start trading with VTB 24 Bank, you need to deposit $100. Certain commissions while trading additionally applies. Any processing fees from your bank will have to be incurred by you.
When was VTB 24 Bank founded?
VTB 24 Bank was founded in 2008 in Russia. VTB 24 Bank is regulated by Unregulated.
How many people use VTB 24 Bank?
VTB 24 Bank is a globally recognised broker with 10,000+ customers.
Where is the VTB 24 Bank head office?
VTB 24 Bank has its head office in Russia
Does VTB 24 Bank offer negative balance protection?
No. VTB 24 Bank doesn't provide negative balance protection. If your balance is unfavorable, VTB 24 Bank indicates you contact customer services. For this, you can correct any imbalances within your account.
Does VTB 24 Bank offer guaranteed stop loss?VTB 24 Bank unfortunately, does not offer guaranteed stop loss. VTB 24 Bank provides an opportunity to its dealers to close their trades in their specified price. Apart from this, VTB 24 Bank doesn't provide guaranteed stop loss.
Does VTB 24 Bank allow scalping?Yes, VTB 24 Bank do allow scalping. Many traders across the world select VTB 24 Bank due to their services that are trading. They offer trading on Desktop, Tablet & Mobile apps,Mac which allow this.
Does VTB 24 Bank allow hedging?
Yes, VTB 24 Bank does allow hedging.
Can you trade energies with VTB 24 Bank?
Yes, you can trade energy stocks with VTB 24 Bank
Can you trade agricultural shares with VTB 24 Bank?
Yes, you can trade agricultural stocks with VTB 24 Bank
Can you trade cryptocurrency with VTB 24 Bank?
No, unfortunately you cannot trade cryptocurrency with VTB 24 Bank
Can you trade metals with VTB 24 Bank?
Yes, you can trade metals with VTB 24 Bank
Can you trade UK Shares with VTB 24 Bank?
Yes, you can trade UK shares with VTB 24 Bank
Can you trade US Shares with VTB 24 Bank?
No, unfortunately you cannot trade US shares with VTB 24 Bank
Can you trade Japanese Shares with VTB 24 Bank?
No, unfortunately you cannot trade Japanese shares with VTB 24 Bank
Can you trade German Shares with VTB 24 Bank?
No, unfortunately you cannot trade German shares with VTB 24 Bank
Does VTB 24 Bank accept bank transfers?
Yes, VTB 24 Bank accepts bank transfers for depositing money.
Does VTB 24 Bank accept credit cards?
Yes, VTB 24 Bank accepts credit cards for depositing money.
Does VTB 24 Bank accept PayPal?
No, VTB 24 Bank does not accept PayPal.
Does VTB 24 Bank accept Skrill?
No, VTB 24 Bank does not accept Skrill.
Does VTB 24 Bank accept Payoneer?
Yes, VTB 24 Bank accepts Payoneer for depositing money.
Does VTB 24 Bank accept Neteller?
No, VTB 24 Bank does not accept Neteller.
Does VTB 24 Bank offer Live Chat customer support?
Yes, VTB 24 Bank offers customer support through live chat.
Does VTB 24 Bank offer phone customer support?
Yes, VTB 24 Bank offers customer support over the telephone.
Does VTB 24 Bank offer email customer support?
Yes, VTB 24 Bank offers customer support through email.
What languages can VTB 24 Bank communicate in?
VTB 24 Bank has the ability to communicate and support customers who speak: English, and Chinese
Does VTB 24 Bank have a wikipedia page?
No, VTB 24 Bank does not have an official wikipedia page.
Does VTB 24 Bank offer demo accounts?
Yes, VTB 24 Bank offers demo accounts so you can test your trading strategies before risking any real capital. New traders can open a virtual portfolio account in order to better understand the areas of Forex trading and test out some of the company’s features before risking a live account.