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Oinvest

5.7/10

VTB 24 Bank

6.1/10
5/10WinnerRegulation3/10
6/10FeesWinner8/10
7/10PlatformsWinner9/10
4/10Education & ResearchWinner6/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Oinvest was founded in 2019 and is headquartered in South Africa, while VTB 24 Bank was established in 2008 and is based in Russia. Oinvest holds licences including Southern African Financial Sector Conduct Authority (FSCA), while VTB 24 Bank is regulated by Unregulated among others. Oinvest serves 10,000+ clients worldwide; VTB 24 Bank has 10,000+. The minimum deposit is $200 at Oinvest and $100 at VTB 24 Bank.

VTB 24 Bank wins this category
FeatureOinvestVTB 24 Bank
Min. Deposit$200$100
RegulationSouthern African Financial Sector Conduct Authority (FSCA)Unregulated
Founded20192008
CountrySouth AfricaRussia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Oinvest and VTB 24 Bank, directly affecting your bottom line as a trader. VTB 24 Bank has a lower barrier to entry with a minimum deposit of $100 (vs $200 at Oinvest). Neither broker charges withdrawal fees. Oinvest applies inactivity fees on dormant accounts; VTB 24 Bank does not. Overall, VTB 24 Bank scores higher on fees in our assessment.

VTB 24 Bank wins this category
FeatureOinvestVTB 24 Bank
Min. Deposit$200$100
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesYesNo

Platforms

Oinvest offers 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. VTB 24 Bank edges ahead on platform breadth and functionality in our scoring.

VTB 24 Bank wins this category
FeatureOinvestVTB 24 Bank
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, iOS, MacBook, iPhoneDesktop, Tablet & Mobile apps,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Oinvest and VTB 24 Bank compare. VTB 24 Bank runs regular live webinars; Oinvest does not. Both provide video tutorials. VTB 24 Bank publishes daily market commentary; Oinvest does not. Both integrate third-party research tools. VTB 24 Bank maintains an archive of past webinars for on-demand viewing. VTB 24 Bank scores higher overall in education and research.

VTB 24 Bank wins this category
FeatureOinvestVTB 24 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. Oinvest 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
FeatureOinvestVTB 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 Oinvest 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
FeatureOinvestVTB 24 Bank
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese