Virtual Brokers
World Forex Review
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Overview
Virtual Brokers was founded in 2008 and is headquartered in Canada, while World Forex Review was established in 2008 and is based in Vanuatu. Virtual Brokers holds licences including The Investment Industry Regulatory Organization of Canada (IIROC), while World Forex Review is regulated by Vanuatu Financial Services Commission (VFSC) among others. Virtual Brokers serves 10,000+ clients worldwide; World Forex Review has 10,000+. The minimum deposit is $1000 at Virtual Brokers and $100 at World Forex Review.
| Feature | Virtual Brokers | World Forex Review |
|---|---|---|
| Min. Deposit | $1000 | $100 |
| Regulation | The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF) | Vanuatu Financial Services Commission (VFSC) |
| Founded | 2008 | 2008 |
| Country | Canada | Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Virtual Brokers and World Forex Review, directly affecting your bottom line as a trader. World Forex Review has a lower barrier to entry with a minimum deposit of $100 (vs $1000 at Virtual Brokers). Both brokers charge withdrawal fees. Virtual Brokers charges deposit fees; World Forex Review does not. Overall, World Forex Review scores higher on fees in our assessment.
| Feature | Virtual Brokers | World Forex Review |
|---|---|---|
| Min. Deposit | $1000 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Virtual Brokers offers MT4, MT5, cTrader, while World Forex Review supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Virtual Brokers supports social and copy trading features, which World Forex Review does not offer. The two brokers are closely matched on platform offering.
| Feature | Virtual Brokers | World Forex Review |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,Desktop,iPhone/iOS | Android Apps,iPhone/iPad,Desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Virtual Brokers and World Forex Review 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. The two brokers are evenly matched on educational content.
| Feature | Virtual Brokers | World Forex Review |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Virtual Brokers accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while World Forex Review supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Virtual Brokers | World Forex Review |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Virtual Brokers and World Forex Review 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.
| Feature | Virtual Brokers | World Forex Review |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |