B

Forex Club

7.1/10

VTB 24 Bank

6.1/10
5/10WinnerRegulation3/10
8/10FeesTied8/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Forex Club was founded in 2008 and is headquartered in Russia, while VTB 24 Bank was established in 2008 and is based in Russia. Forex Club holds licences including Cyprus Securities and Exchange Commission (CySEC), while VTB 24 Bank is regulated by Unregulated among others. Forex Club serves 10,000+ clients worldwide; VTB 24 Bank has 10,000+. Both brokers share the same minimum deposit of $100.

Forex Club wins this category
FeatureForex ClubVTB 24 Bank
Min. Deposit$100$100
RegulationCyprus Securities and Exchange Commission (CySEC)Unregulated
Founded20082008
CountryRussiaRussia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Forex Club and VTB 24 Bank, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.

Tied
FeatureForex ClubVTB 24 Bank
Min. Deposit$100$100
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Forex Club offers MT4, MT5, cTrader, while VTB 24 Bank supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureForex ClubVTB 24 Bank
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,WEB,desktopDesktop, Tablet & Mobile apps,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Forex Club and VTB 24 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. Forex Club scores higher overall in education and research.

Forex Club wins this category
FeatureForex ClubVTB 24 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. Forex Club 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.

Tied
FeatureForex ClubVTB 24 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 Forex Club 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.

Tied
FeatureForex ClubVTB 24 Bank
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese