Core Spreads
VTB 24 Bank
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Core Spreads was founded in 2014 and is headquartered in London, while VTB 24 Bank was established in 2008 and is based in Russia. Core Spreads holds licences including Financial Conduct Authority (FCA), while VTB 24 Bank is regulated by Unregulated among others. Core Spreads serves 10,000+ clients worldwide; VTB 24 Bank has 10,000+. The minimum deposit is $1 at Core Spreads and $100 at VTB 24 Bank.
| Feature | Core Spreads | VTB 24 Bank |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 2014 | 2008 |
| Country | London | Russia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Core Spreads and VTB 24 Bank, directly affecting your bottom line as a trader. Core Spreads has a lower barrier to entry with a minimum deposit of $1 (vs $100 at VTB 24 Bank). Neither broker charges withdrawal fees. Core Spreads charges deposit fees; VTB 24 Bank does not. Overall, Core Spreads scores higher on fees in our assessment.
| Feature | Core Spreads | VTB 24 Bank |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Core Spreads offers MT4, MT5, cTrader, while VTB 24 Bank supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. VTB 24 Bank supports social and copy trading features, which Core Spreads does not offer. The two brokers are closely matched on platform offering.
| Feature | Core Spreads | VTB 24 Bank |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | Desktop, Tablet & Mobile apps,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Core Spreads and VTB 24 Bank compare. VTB 24 Bank runs regular live webinars; Core Spreads does not. Both provide video tutorials. VTB 24 Bank publishes daily market commentary; Core Spreads does not. Both integrate third-party research tools. VTB 24 Bank maintains an archive of past webinars for on-demand viewing. VTB 24 Bank scores higher overall in education and research.
| Feature | Core Spreads | VTB 24 Bank |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Core Spreads accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while VTB 24 Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Core Spreads | VTB 24 Bank |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Core Spreads and VTB 24 Bank offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Core Spreads | VTB 24 Bank |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |