B

td ameritrade

7/10

Virtual Brokers

6.4/10
10/10WinnerRegulation7/10
1/10WinnerFees0/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

td ameritrade was founded in 2016 and is headquartered in Malta, while Virtual Brokers was established in 2008 and is based in Canada. td ameritrade holds licences including Financial Conduct Authority (FCA), while Virtual Brokers is regulated by The Investment Industry Regulatory Organization of Canada (IIROC) among others. td ameritrade serves 10,000+ clients worldwide; Virtual Brokers has 10,000+. The minimum deposit is $250 at td ameritrade and $1000 at Virtual Brokers.

td ameritrade wins this category
Featuretd ameritradeVirtual Brokers
Min. Deposit$250$1000
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F319The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF)
Founded20162008
CountryMaltaCanada
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between td ameritrade and Virtual Brokers, directly affecting your bottom line as a trader. Virtual Brokers has a lower barrier to entry with a minimum deposit of $1000 (vs $250 at td ameritrade). Virtual Brokers charges withdrawal fees while td ameritrade does not, giving td ameritrade an edge for frequent withdrawers. Virtual Brokers charges deposit fees; td ameritrade does not. Overall, td ameritrade scores higher on fees in our assessment.

td ameritrade wins this category
Featuretd ameritradeVirtual Brokers
Min. Deposit$250$1000
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

td ameritrade 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 td ameritrade does not offer. The two brokers are closely matched on platform offering.

Tied
Featuretd ameritradeVirtual Brokers
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4,Desktop,iPhone/iOS

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how td ameritrade and Virtual Brokers compare. Virtual Brokers runs regular live webinars; td ameritrade does not. Virtual Brokers has a video library; td ameritrade does not. Virtual Brokers publishes daily market commentary; td ameritrade does not. Virtual Brokers integrates third-party research tools (Trading Central, Autochartist); td ameritrade 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
Featuretd ameritradeVirtual 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. td ameritrade accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Virtual Brokers supports 2 (bank transfer, credit/debit card). td ameritrade uniquely supports PayPal and Skrill and Neteller among the two brokers. td ameritrade scores higher on deposit and withdrawal flexibility.

td ameritrade wins this category
Featuretd ameritradeVirtual Brokers
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both td ameritrade and Virtual Brokers offer live chat support. Both provide phone support. Email support is available at both brokers. td ameritrade supports 8 languages and Virtual Brokers supports 2, giving td ameritrade broader global reach. Both brokers are comparable on support quality.

Tied
Featuretd ameritradeVirtual Brokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, and Chinese