FreshForex
VTB 24 Bank
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Overview
FreshForex was founded in 2004 and is headquartered in Russia, while VTB 24 Bank was established in 2008 and is based in Russia. FreshForex holds licences including SVGFSA 20623 IBC 2012, while VTB 24 Bank is regulated by Unregulated among others. FreshForex serves 710,000+ clients worldwide; VTB 24 Bank has 10,000+. The minimum deposit is $1 at FreshForex and $100 at VTB 24 Bank.
| Feature | FreshForex | VTB 24 Bank |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Regulation | SVGFSA 20623 IBC 2012 | Unregulated |
| Founded | 2004 | 2008 |
| Country | Russia | Russia |
| Clients | 710,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FreshForex and VTB 24 Bank, directly affecting your bottom line as a trader. FreshForex has a lower barrier to entry with a minimum deposit of $1 (vs $100 at VTB 24 Bank). Neither broker charges withdrawal fees. Overall, FreshForex scores higher on fees in our assessment.
| Feature | FreshForex | VTB 24 Bank |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
FreshForex offers MT4, MT5, a proprietary platform, while VTB 24 Bank supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. VTB 24 Bank edges ahead on platform breadth and functionality in our scoring.
| Feature | FreshForex | VTB 24 Bank |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | No | Yes |
| Android App | No | Yes |
| Trading Platforms | MT4, MT5, Windows, MAC, Linux | Desktop, Tablet & Mobile apps,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how FreshForex 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. VTB 24 Bank integrates third-party research tools (Trading Central); FreshForex does not. Archived webinars are available at both brokers for self-paced learning. FreshForex scores higher overall in education and research.
| Feature | FreshForex | VTB 24 Bank |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. FreshForex accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while VTB 24 Bank supports 2 (bank transfer, credit/debit card). FreshForex uniquely supports Skrill and Neteller among the two brokers. FreshForex scores higher on deposit and withdrawal flexibility.
| Feature | FreshForex | VTB 24 Bank |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both FreshForex and VTB 24 Bank offer live chat support. Both provide phone support. Email support is available at both brokers. FreshForex supports 1 language and VTB 24 Bank supports 2, giving VTB 24 Bank broader global reach. Both brokers are comparable on support quality.
| Feature | FreshForex | VTB 24 Bank |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, and Chinese |