B

Evans and Partners

6/10
VPE Bank logo

VPE Bank

6.8/10
5/10RegulationWinner9/10
0/10FeesTied0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Evans and Partners was founded in 2012 and is headquartered in USA, while VPE Bank was established in 2008 and is based in Germany. Evans and Partners holds licences including Unregulated, while VPE Bank is regulated by The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) among others. Evans and Partners serves 10,000+ clients worldwide; VPE Bank has 10,000+. The minimum deposit is $500 at Evans and Partners and $5000 at VPE Bank.

VPE Bank wins this category
FeatureEvans and PartnersVPE Bank
Min. Deposit$500$5000
RegulationUnregulatedThe Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Financial Industry Regulatory Authority (FINRA)
Founded20122008
CountryUSAGermany
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Evans and Partners and VPE Bank, directly affecting your bottom line as a trader. Evans and Partners has a lower barrier to entry with a minimum deposit of $500 (vs $5000 at VPE Bank). VPE Bank charges withdrawal fees while Evans and Partners does not, giving Evans and Partners an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. VPE Bank charges deposit fees; Evans and Partners does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureEvans and PartnersVPE Bank
Min. Deposit$500$5000
Withdrawal FeesNoYes
Inactivity FeesYesYes
Deposit FeesNoYes
CFD FeesYesYes

Platforms

Evans and Partners offers MT4, MT5, cTrader, while VPE Bank supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. VPE Bank supports social and copy trading features, which Evans and Partners does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureEvans and PartnersVPE Bank
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4,MetaTrader 5MT4,MT5

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Evans and Partners and VPE Bank compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Evans and Partners scores higher overall in education and research.

Evans and Partners wins this category
FeatureEvans and PartnersVPE Bank
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evans and Partners accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while VPE Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureEvans and PartnersVPE Bank
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Evans and Partners and VPE 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.

Tied
FeatureEvans and PartnersVPE Bank
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese