VTB24 Forex Fees and Spreads offer a selection of commission-free and commission-based account types.VTB24 Forex’s spreads start from 3 pips on EUR/USD.VTB24 Forex does not offer spread betting and thus spread betting fees do not apply.
VTB24 at a Glance
🔎 Broker's Name | VTB24 Forex |
📍 Headquartered | Moscow, Russia |
📅 Year Founded | 2016 |
⚖️ Regulating Authorities | FSCM of Russia |
🌐 Countries not accepted for trade | United States |
☪️ Islamic account (swap-free) | No |
👍 Demo Account | Yes |
📊 Institutional Accounts | No |
📊 Managed Accounts | Yes |
📈 Maximum Leverage | 1: 40 |
💰 Minimum Deposit | $ 0 |
💳 Deposit Options | Interbank transfers, VTB online banking and current account with the bank |
💳 Withdrawal Options | Interbank transfers, VTB online banking and current account with the bank |
💻 Platform Types | MetaTrader5 |
📱 OS Compatibility | Windows, Android, and iOS |
📈 Tradable assets offered | 24 Forex currency pairs |
👨💼 Languages supported on Website | English and Russian. |
👥 Customer Support Languages | English and Russian. |
📆 Customer Service Hours | 24/5 |
🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 0
Regulators
FCSM
Trading Platform
MT5
Crypto
No
Total Pairs
24
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
VTB24 Forex Fees and spreads – 9 key points quick overview:
VTB24 at a Glance
VTB24 Forex Fees and spreads – 9 key points quick overview:
VTB24 Forex Fees and Spreads
- VTB24 Forex Additional Trading Fees
- VTB24 Forex Broker Fees
- VTB24 Customer Reviews
- VTB24 Forex Pros and Cons
- Conclusion
- Frequently Asked Questions
VTB24 Forex Fees and Spreads
With VTB24 Forex’s spreads start from 3 pips on EUR/USD.
The minimum transaction size for trading in the 24 currency pairs offered by VTB24 Forex, starts from 0.5 lots, which corresponds to 50 000 units of the base currency.
Although spreads start from 3 pips they should not be less than 10 and not more than 75 currency units.
If an order is submitted on the day of application before 13:00 Moscow time, VTB24 Forex does not charge any commission.
Min Deposit
USD 0
Regulators
FCSM
Trading Platform
MT5
Crypto
No
Total Pairs
24
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
VTB24 Forex Additional Trading Fees
With most brokers trading in financial instruments such as forex, they can expect that swap fees, or overnight, will be charged when positions are held for longer than a trading day.
What the charges for swaps held in short or long positions are with VTB24 Forex is not clear on the broker’s website.
It is recommended that traders contact customer services if they need more information on the charges for short or long positions that are held overnight.
VTB24 Forex does not offer spread betting and thus spread betting fees do not apply.
VTB24 Forex Broker Fees
VTB24 Forex allows deposits through interbank transfers, VTB online banking, and from a current account opened with the bank. The broker does not charge deposit fees or withdrawal fees.
To withdraw a client’s own funds from VTB24 Forex is easy and convenient with no commission charges on the day the application is received if the withdrawal order is submitted on a working day before 13:00 Moscow time.
Despite no charges on deposits or withdrawals, traders should verify with their own financial institutions whether there are any other bank processing charges.
Deposits into a trading account can be made in the RUB, USD, and EUR, currency. If it is done in another currency, traders may be subjected to currency conversion fees.
VTB24 Customer Reviews
Spreads are acceptable but they could be lower. The customer department is good, very dedicated to clients. Other than that, the service is not bad at all, and the order execution is smooth. They can give you useful advice, offer you timely information, good spread, leverage, and bonus after completing the lot size. I have cooperated with them for one year. And get on well. From a professional perspective, they support me to make a lot of money. No problems with withdrawals at all. Profits always reach my card/bank within 2-3 working days as promised.
I have observed my SL or TP execute the right position, where I set and platform never Disobedient to me. My all withdrawals have proceeded within 4 hours via Wire Transfer. Overall I have rated VTB 24 8 out of 10. VTB 24 has been the best broker among many brokers I have ever traded with in 3 years. Luckily, the process of withdrawal is smooth, and this broker refunded me my money in a short time. In addition, this is the first platform I have traded on that gives me the price I click instantly, with no waiting, and no manipulation.
I think it is a very good broker for many reasons. But most importantly they are paying for my profits. Some of my trading results, last week were the best trading results. fund security as far as I know is good. They never do any wrong to me. My trading results are always satisfying.
VTB24 Forex Pros and Cons
✔️ Pros | ❌ Cons |
Competitive trading conditions | Clients from the United States not accepted |
No commissions charged | Limited base currencies |
No deposit fees or withdrawal fees charged | Limited payment methods offered |
Offers a demo account | No Islamic Swap-free accounts provided |
Transparent fee schedule | Tight spreads are not offered |
Conclusion
Overall, VTB24 Forex offers a selection of commission-free and commission-based account types.VTB24 Forex’s spreads start from 3 pips on EUR/USD.VTB24 Forex does not offer spread betting and thus spread betting fees do not apply.
You might also like: VTB24 Forex Review
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You might also like: VTB24 Forex Sign Up Bonus
Frequently Asked Questions
Does VTB24 charge any inactive fees?
Yes. Inactivity fees are not just charged by brokerage firms but also by many financial services.
Does spread betting cost apply to VTB24?
VTB24 Forex does not offer spread betting and thus spread betting fees do not apply.
What spreads can I expect with VTB24 Forex?
You can expect spreads that start from 3 pips on EUR/USD.
Does VTB24 Forex charge commission?
To top up an account in rubbles via VTB online has no commission charges but if you top up in a foreign currency, euro, or dollar, a commission of 0.75% is charged with the transfer amount.
What is the overall rating out of 10 for VTB24 Forex?
6/10.
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