VTB24 Forex launches MetaTrader 5

 

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But now we can assume that will happen a sharp tightening of trade conditions and requirements for traders and investors:

Last User Reviews

VTB24 Forex LLC is a subsidiary of VTB24 rendering services to individuals in the Foreх market. Last September VTB 24 Forex became the fourth broker (and first licensee in the banking sector) to receive the license for rendering services to the Russian OTC market.

Beginning traders have the chance to use a glossary of terminology demo accounts video tutorials, and seminars that are on-site. Additionally, the broker provides the Tradematic Trader program which permits customers to create trading robots and reevaluate trading. This support is synchronized with all the QUIK trading system and transmits signals. Tradematic Trader suites those traders that will practice all the strategies offered in the system.

Investment Portfolio service is good for customers that are content with the number of strategies. Please leave your remarks if you have already worked with this broker. Your remarks will help traders to make the right choice. No Bonuses or Promotions Visit Broker. Overview VTB24 is one of the forex market maker in Russia and those pioneers of the stock market.

The company is licensed to conduct dealing, brokerage, and asset management activities. It was set up in early as an entity to offer forex brokerage services, which were previously offered by the bank itself. In the autumn of VTB24 Forex got its forex brokerage license from the megaregulator Bank of Rusia, but at the time of writing of this review January , still has not launched active operations. VTB24 Forex is member of two self-regulatory organizations: Judging by the fact that is website is in Russian only, obviously the broker is targeting only the local traders.

VTB24 Forex has fixed spreads and does not charge additional commissions. The forex broker XM , for example, gives an average of 1. VTB24 Forex gives a max leverage of 1: There are other forex brokers, like FiboGroup who give as much as 1: According to the company employees, the max leverage in the demo account is 1: Our guess is that VTB24 Forex is simply proceeding cautiously, even though the major players on the Russian market like Alpari and Forex Club offer higher leverage.

Since the introduction of the hedging option in the spring of , MT5 has been growing in popularity, even more so after its developer MetaQuotes said it is starting to phase out MT4. It is said that MT5 is better and faster than its predecessor and has more options, but the absence of the hedging feature was keeping it in the shadow of MT4.

Now only time will tell whether MT5 will succeed in repeating its success. We could not find specific information about the deposit options, besides the most obvious — bank transfer. Probably the broker will provide other options once it becomes fully operational and launches live trading.