B

Finpro

5.6/10

Virtual Brokers

6.4/10
3/10RegulationWinner7/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Finpro was founded in 2008 and is headquartered in GRENADINES, while Virtual Brokers was established in 2008 and is based in Canada. Finpro holds licences including Unregulated, while Virtual Brokers is regulated by The Investment Industry Regulatory Organization of Canada (IIROC) among others. Finpro serves 10,000+ clients worldwide; Virtual Brokers has 10,000+. The minimum deposit is $0 at Finpro and $1000 at Virtual Brokers.

Virtual Brokers wins this category
FeatureFinproVirtual Brokers
Min. Deposit$0$1000
RegulationUnregulatedThe Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF)
Founded20082008
CountryGRENADINESCanada
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Finpro and Virtual Brokers, directly affecting your bottom line as a trader. Finpro has a lower barrier to entry with a minimum deposit of $0 (vs $1000 at Virtual Brokers). Virtual Brokers charges withdrawal fees while Finpro does not, giving Finpro an edge for frequent withdrawers. Finpro applies inactivity fees on dormant accounts; Virtual Brokers does not. Virtual Brokers charges deposit fees; Finpro does not. Overall, Finpro scores higher on fees in our assessment.

Finpro wins this category
FeatureFinproVirtual Brokers
Min. Deposit$0$1000
Withdrawal FeesNoYes
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

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

Tied
FeatureFinproVirtual Brokers
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4MT4,Desktop,iPhone/iOS

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Finpro and Virtual Brokers compare. Virtual Brokers runs regular live webinars; Finpro does not. Virtual Brokers has a video library; Finpro does not. Virtual Brokers publishes daily market commentary; Finpro does not. Virtual Brokers integrates third-party research tools (Trading Central, Autochartist); Finpro does not. Virtual Brokers maintains an archive of past webinars for on-demand viewing. Virtual Brokers scores higher overall in education and research.

Virtual Brokers wins this category
FeatureFinproVirtual Brokers
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

Deposits & Withdrawals

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

Tied
FeatureFinproVirtual Brokers
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 Finpro and Virtual Brokers 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
FeatureFinproVirtual Brokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese