B

Forex Euroclub

6.3/10
VPE Bank logo

VPE Bank

6.8/10
5/10RegulationWinner9/10
8/10WinnerFees0/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Forex Euroclub was founded in 2008 and is headquartered in Russia, while VPE Bank was established in 2008 and is based in Germany. Forex Euroclub holds licences including Unregulated, while VPE Bank is regulated by The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) among others. Forex Euroclub serves 10,000+ clients worldwide; VPE Bank has 10,000+. The minimum deposit is $100 at Forex Euroclub and $5000 at VPE Bank.

VPE Bank wins this category
FeatureForex EuroclubVPE Bank
Min. Deposit$100$5000
RegulationUnregulatedThe Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Financial Industry Regulatory Authority (FINRA)
Founded20082008
CountryRussiaGermany
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Forex Euroclub and VPE Bank, directly affecting your bottom line as a trader. Forex Euroclub has a lower barrier to entry with a minimum deposit of $100 (vs $5000 at VPE Bank). VPE Bank charges withdrawal fees while Forex Euroclub does not, giving Forex Euroclub an edge for frequent withdrawers. VPE Bank applies inactivity fees on dormant accounts; Forex Euroclub does not. VPE Bank charges deposit fees; Forex Euroclub does not. Overall, Forex Euroclub scores higher on fees in our assessment.

Forex Euroclub wins this category
FeatureForex EuroclubVPE Bank
Min. Deposit$100$5000
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Forex Euroclub 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 Forex Euroclub does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureForex EuroclubVPE Bank
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,WEB,iPhone,MacMT4,MT5

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Forex Euroclub and VPE Bank compare. VPE Bank runs regular live webinars; Forex Euroclub does not. Both provide video tutorials. VPE Bank publishes daily market commentary; Forex Euroclub does not. Both integrate third-party research tools. VPE Bank maintains an archive of past webinars for on-demand viewing. VPE Bank scores higher overall in education and research.

VPE Bank wins this category
FeatureForex EuroclubVPE Bank
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex Euroclub 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
FeatureForex EuroclubVPE 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 Euroclub 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
FeatureForex EuroclubVPE Bank
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese