Startrader vs VTB 24 Bank, for 2024
Read our In-Depth Startrader vs VTB 24 Bank Review - Updated for 2024
This comprehensive analysis of Startrader and VTB 24 Bank has been refreshed for 2024 from industry experts boasting significant expertise in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Startrader vs VTB 24 Bank does not apply to all countries as follows:
Startrader Excluded Countries
United States of America,
VTB 24 Bank Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Startrader vs VTB 24 Bank
All trading platforms will have a few ups and downs, so a complete review of Startrader and VTB 24 Bank would not be complete without having a balanced approach.
Compare Startrader and VTB 24 Bank in order to understand the way these platforms stack up with one another before you make an account. Performing a comprehensive comparison will put things into perspective to ensure that you're aware of what to expect.
So you are looking for an online trading platform and are choosing between Startrader or VTB 24 Bank. Who should you choose?
Our Startrader vs VTB 24 Bank comparison contains the most recent information so you can easily compare VTB 24 Bank against Startrader.
If you're a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You'll acquire adept at all of the concepts of broker since you continue trading. For starters, you need to choose the ideal agent who will be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. Startrader and VTB 24 Bank are just two such platforms that will take you and your investment to great heights. It is important that you compare Startrader vs VTB 24 Bank before you trust them with your money.
Our Startrader vs VTB 24 Bank comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Startrader and VTB 24 Bank side by side.
Our full Startrader vs VTB 24 Bank Review covers everything you need to know about trading with either Startrader or VTB 24 Bank. A good broker can multiply your first investments and give you favorable profits. If you want to make profits, you must trade with a brokerage service that aligns with your investing objectives.
There is no sure-fire method to ensure profits; therefore, you should carefully analyze your agent before you select them. It's a frequent misconception that all agents are exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.
Startrader and VTB 24 Bank are both brokers which have paved their way successfully into the brokerage world. Within this review, we've attempted to collate a number of the vital aspects of both Startrader and VTB 24 Bank. This review can allow you to know whether either VTB 24 Bank or Startrader is a fantastic fit for your investments or not. We've tried to breakdown all of the features and fees for your convenience.
Benefits of Startrader and VTB 24 Bank Compared
Startrader offers a minimum deposit of $50 while VTB 24 Bank offers a $100 minimum deposit.
Why smaller minimum deposits are good and how Startrader and VTB 24 Bank compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Startrader allows you to trade around 170 financial instruments whilst VTB 24 Bank has around 170 financial instruments on their platform.
The more financial instruments you can trade on the Startrader and VTB 24 Bank trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of Startrader or VTB 24 Bank.
Startrader and VTB 24 Bank Contact Details
Being able to contact your broker through many ways is a sign of a professional broker. Startrader and VTB 24 Bank have the following contact details and social medias that you can use.
Broker | Startrader | VTB 24 Bank |
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Telephone Number | +86 4001 201725 | |
support@startrader.com | ||
Address | Flat/Rm A, 12/F, ZJ300, 300 Lockhart Road, Wan Chai, Hong Kong | |
Startrader Twitter Account | VTB 24 Bank Twitter Account | |
Startrader Facebook Page | VTB 24 Bank Facebook Page | |
Startrader Instagram Account | VTB 24 Bank Instagram Account | |
Startrader LinkedIn Page | VTB 24 Bank LinkedIn Page | |
YouTube | Startrader YouTube Channel | VTB 24 Bank YouTube Channel |
Find Out More |
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VTB 24 Bank and Startrader Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of Startrader and VTB 24 Bank we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Startrader vs VTB 24 Bank - Awards
Startrader vs VTB 24 Bank - Frequently Asked Questions
Startrader vs VTB 24 Bank - Headquarters And Year Of Founding
Startrader was founded in 2011 and has its head office in Hong Kong.
VTB 24 Bank was founded in 2008 and has its headquaters in Russia.
What is the minimum deposit for VTB 24 Bank or Startrader
The minimum deposit for Startrader is $50.
The minimum deposit for VTB 24 Bank is $100.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Startrader and VTB 24 Bank are a good option.
Startrader vs VTB 24 Bank - Regulation And Licencing In More Detail
Startrader is regulated by Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA).
VTB 24 Bank is regulated by Unregulated.
VTB 24 Bank is unregulated but Startrader has a strong set of rules for ensuring fair trading on its individual platforms. For information encryption purposes, they supply industry-standard secure socket layer (SSL).
In accordance with their individual privacy policy, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Startrader vs VTB 24 Bank Commission And Fees
Startrader and VTB 24 Bank are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled better. In other words, an internet broker is not necessarily influenced by the number of clients they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 different types of fees for this objective.
The first sort of charges to look out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In such cases, you are spending a spread, financing rate, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are those who are billed when you maintain a leveraged position for more than a day.
Apart from trading fees, online agents also charge non-trading fees. These are determined by the actions you undertake on your account. They are charged for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither Startrader or VTB 24 Bank charge high fees in comparison to other online brokers. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who regularly trade, for example daily or weekly trading.
But, non-trading fees billed by Startrader and VTB 24 Bank are relatively greater. As a result, you are charged more for non-trading actions on your trading account, such as deposits and withdrawal. These are not about the purchase and sale of resources.
This Startrader vs VTB 24 Bank review for 2024 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For Startrader And VTB 24 Bank
What Languages Do Startrader And VTB 24 Bank Support?
Being able to communicate completely with your online broker is a key way of comparing brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their site and inside their app as it is a key part of success when trading forex.
Below you can find the languages that both Startrader and VTB 24 Bank offer communication in.
How Many Clients Do Startrader and VTB 24 Bank Have?
Both Startrader and VTB 24 Bank are well known and trusted. It is important to work with an online broker that is reputable and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many customers Startrader and VTB 24 Bank are working with
What Payment Methods Do Startrader and VTB 24 Bank Accept?
Startrader and VTB 24 Bank both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Startrader and VTB 24 Bank
What Can You Trade With Startrader and VTB 24 Bank?
Startrader offers 170 trading instruments and VTB 24 Bank offers 252.
Below you will find a full breakdown of what both Startrader and VTB 24 Bank offer.
Startrader Review
Startrader vs VTB 24 Bank:
Table Of Contents
- Compare Startrader vs VTB 24 Bank
- Benefits of Startrader and VTB 24 Bank Compared
- VTB 24 Bank and Startrader Mobile App Comparison
- Startrader vs VTB 24 Bank - Awards
- Startrader vs VTB 24 Bank - Frequently Asked Questions
- What is the minimum deposit for VTB 24 Bank or Startrader
- Startrader vs VTB 24 Bank - Regulation And Licencing In More Detail
- Compare Broker Fees For Startrader And VTB 24 Bank
- What Languages Do Startrader And VTB 24 Bank Support?
- How Many Clients Do Startrader and VTB 24 Bank Have?
- What Payment Methods Do Startrader and VTB 24 Bank Accept?
- What Can You Trade With Startrader and VTB 24 Bank?