XM vs VTB 24 Bank, 2025 Update
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XM Rating
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VTB 24 Bank Rating
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77.29% of retail investor accounts lose money when trading CFDs with this provider. |
Your capital is at risk |
XM vs VTB 24 Bank Guide |
Read our In-Depth XM vs VTB 24 Bank Review - 2025 Update
This review comparing XM and VTB 24 Bank has been revised for 2025 by seasoned professionals with extensive financial experience in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of XM vs VTB 24 Bank does not apply to all countries as follows:
XM Excluded Countries
Canada, Israel, and 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 XM vs VTB 24 Bank
Each platforms for online trading has certain pros and cons, so a complete review of XM and VTB 24 Bank should not be complete without adopting a balanced approach.
Examine VTB 24 Bank and XM to get a better understanding of how they line up to each other prior to you decide to make an account. Performing a side-by-side comparison helps to bring aspects in perspective to ensure that you are aware of what you should anticipate.
So you are looking for a professional broker and are choosing between XM or VTB 24 Bank. Who is better in 2025?
This XM vs VTB 24 Bank comparison contains the most recent information so you can easily compare VTB 24 Bank against XM.
If you are a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You will get proficient at all of the concepts of broker since you continue trading. For starters, you have to select the right broker who'll be transparent with you constantly.
In this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. XM and VTB 24 Bank are just two such platforms which will take you along with your investment into great heights. It's crucial that you compare XM vs VTB 24 Bank before you trust them with your cash.
Our XM vs VTB 24 Bank comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust XM and VTB 24 Bank side by side.
Our entire XM vs VTB 24 Bank Review covers everything you need to know about trading with either XM or VTB 24 Bank. A good broker can multiply your initial investments and provide you positive profits. If you would like to make profits, you should trade with a broker service that aligns with your investing goals.
There is no sure-fire way to ensure profits; therefore, you must carefully assess your broker before you select them. It's a common misconception that all agents are exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
XM and VTB 24 Bank are both brokers that have found their way successfully to the brokerage world. Within this review, we've attempted to collate a number of the vital aspects of both XM and VTB 24 Bank. This review can help you to understand whether either VTB 24 Bank or XM is a good fit for your investments or not. We've attempted to breakdown all the qualities and fees for your convenience.
Benefits of XM and VTB 24 Bank Compared
XM has a minimum deposit of $5 while VTB 24 Bank has a $100 minimum deposit.
Why smaller minimum deposits are good and how XM 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.
XM has around 100 financial instruments while VTB 24 Bank has around 100 financial instruments on their platform.
The more financial instruments you can trade on the XM 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 should never want to miss out on a trading opportunity due to the limitations of XM or VTB 24 Bank.
XM and VTB 24 Bank Contact Details
Being able to contact a broker easily is vital. XM and VTB 24 Bank have the following contact details and social medias that you can use.
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Broker | XM | VTB 24 Bank |
Telephone Number | +357 250 29933 | |
support@xm.com | ||
Address | 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus | |
XM Twitter Account | VTB 24 Bank Twitter Account | |
XM Facebook Page | VTB 24 Bank Facebook Page | |
XM Instagram Account | VTB 24 Bank Instagram Account | |
XM LinkedIn Page | VTB 24 Bank LinkedIn Page | |
YouTube | XM YouTube Channel | VTB 24 Bank YouTube Channel |
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VTB 24 Bank and XM 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 XM and VTB 24 Bank we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. 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?
XM vs VTB 24 Bank - Awards
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Broker | XM | VTB 24 Bank |
Awards |
XM have won several industry awards over the years they have been running as a financial broker. We detail the most recognised awards for XM here.
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At the time of writing this VTB 24 Bank review, and despite VTB 24 Bank’s impressive offering, the company has surprisingly not garnered any awards to date. |
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XM vs VTB 24 Bank - Frequently Asked Questions
XM vs VTB 24 Bank - Headquarters And Year Of Founding
XM was founded in 2009 and has its head office in Cyprus.
VTB 24 Bank was founded in 2008 and has its headquaters in Russia.
What is the minimum deposit for VTB 24 Bank or XM
The minimum deposit for XM is $5.
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 XM and VTB 24 Bank are a good choice.
XM vs VTB 24 Bank - Regulation And Licencing In More Detail
XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
VTB 24 Bank is regulated by Unregulated.
VTB 24 Bank is unregulated but XM has a strong set of rules for ensuring fair trading onto its individual platforms. For information encryption purposes, they supply industry-standard secure socket layer (SSL).
As per their own privacy regulation, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare XM vs VTB 24 Bank Commission And Fees
XM and VTB 24 Bank are online brokerage platforms, 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 internet broker isn't necessarily influenced by the amount of customers they have.
However, this doesn't 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 penalties for this purpose.
The first kind of charges to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In such cases, you're paying a spread, funding rate, or a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight rates are people that are charged when you hold a leveraged position for more than daily.
Apart from trading charges, online brokers also charge non-trading fees. These are dependent on the actions you undertake on your account. They're charged for operations like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither XM or VTB 24 Bank charge high fees in comparison to other online agents. For operations other brokers charge for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who regularly trade, such as daily or weekly trading.
But, non-trading fees billed by XM and VTB 24 Bank are relatively greater. As a result, you are billed more for non-trading activities on your trading account, like deposits and withdrawal. These are not about the sale and purchase of assets.
This XM vs VTB 24 Bank review for 2025 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For XM And VTB 24 Bank
What Languages Do XM And VTB 24 Bank Support?
Being able to talk easily with your trading platform is a key part of comparing online brokers to find the best broker. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key part of success when trading forex.
Here you can find all the languages that both XM and VTB 24 Bank offer communication in.
How Many Clients Do XM and VTB 24 Bank Have?
Both XM and VTB 24 Bank are well known and trusted. It is really important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many customers XM and VTB 24 Bank are active on their platform
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Broker | XM | VTB 24 Bank |
Clients / Users | 3,500,000+ | 10,000+ |
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What Payment Methods Do XM and VTB 24 Bank Accept?
XM 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 XM and VTB 24 Bank
What Can You Trade With XM and VTB 24 Bank?
XM offers 100 trading instruments whilst VTB 24 Bank offers 252.
Below you will find a full breakdown of what both XM and VTB 24 Bank offer.
XM Review
XM vs VTB 24 Bank:
Table Of Contents
- Compare XM vs VTB 24 Bank
- Benefits of XM and VTB 24 Bank Compared
- VTB 24 Bank and XM Mobile App Comparison
- XM vs VTB 24 Bank - Awards
- XM vs VTB 24 Bank - Frequently Asked Questions
- What is the minimum deposit for VTB 24 Bank or XM
- XM vs VTB 24 Bank - Regulation And Licencing In More Detail
- Compare Broker Fees For XM And VTB 24 Bank
- What Languages Do XM And VTB 24 Bank Support?
- How Many Clients Do XM and VTB 24 Bank Have?
- What Payment Methods Do XM and VTB 24 Bank Accept?
- What Can You Trade With XM and VTB 24 Bank?