VTB Capital Forex review: VTB Capital is the investment banking arm of VTB Group, one of Russia's largest financial institutions. Within VTB Capital, there is a division dedicated to foreign exchange (Forex) services known as VTB Capital Forex. This division specializes in providing comprehensive Forex solutions to clients, including trading, advisory services, and risk management strategies.
One of the key areas of expertise for VTB Capital Forex is currency trading. The division offers a wide range of currency pairs for trading, allowing clients to engage in speculative trading or hedge their currency exposure. VTB Capital Forex provides access to major global currencies, such as the US dollar, euro, British pound, and Japanese yen, as well as emerging market currencies.
In addition to currency trading, VTB Capital Forex offers advisory services to clients. These services aim to help clients navigate the complexities of the Forex market and make informed trading decisions. VTB Capital Forex's team of experts provides market analysis, research reports, and personalized advice tailored to the specific needs and objectives of each client.
Trading Terminals:
| 💵 Currency: | USD, EUR, RUB |
| 💰 Min deposit | From 50 000 RUB |
| ⚖️ Leverage | 1:40 |
| 💱 Spread | Floating from 0,2 pips |
| 💹 Markets | Forex, Commodities, Indices, Cryptocurrencies |
| 📱 Mobile apps | iOS, Android |
| 🗺️ Headquarters | Moscow |
Overall VTB Capital Forex Review
Overall, VTB Capital Forex is a specialized division within VTB Capital that focuses on providing comprehensive Forex services to clients. With its expertise in currency trading, advisory services, and risk management, the division aims to assist clients in optimizing their Forex operations and achieving their financial objectives.
Go to VTB Capital Forex website
Best Crypto Exchanges
Top Crypto Exchanges→
Geographic Distribution
Geography of clients (traders) of VTB Capital Forex
Top Reviews
Best customer reviews of VTB Capital Forex
The site administration cannot guarantee review accuracy and lacks the technical means to verify if authors are actual customers. Reviews lacking detail and purely emotional in nature are disregarded.
I have been using VTB Capital forex for the past year and I have to say their platform has exceeded my expectations. The variety of currency pairs available for trading is impressive, giving me ample opportunities to diversify my portfolio. The platform is easy to use, provides real-time market data and intuitive trading tools. The execution speed is remarkable, which ensures timely placement of orders.
Russia
My experience with VTB Capital forex advisory services was decent. The expert team provided me with market analysis and research reports which were informative and helpful in understanding market trends. However, I felt that the individual advice could have been more tailored to my specific needs and trading objectives. The response time and support could also have been improved.
Ukraine
I have had a disappointing experience with VTB Capital Forex in terms of order execution. There have been instances of significant delays in executing my trades, resulting in missed opportunities and potential losses. The platform's execution speed is not consistent, and it often lags during high volatility periods. Additionally, there have been instances where my orders were executed at prices different from what I intended, leading to unexpected outcomes. The lack of reliability and accuracy in order execution has left me dissatisfied with VTB Capital Forex's services in this regard.
Russia
Expert Review
Expert Review of VTB Capital Forex
As a financial expert, I would like to assess the reliability of VTB Capital Forex exchange. Overall, VTB Capital Forex has demonstrated a commendable level of reliability in its operations. The exchange is backed by VTB Group, a reputable and well-established financial institution, which adds a layer of credibility to its services.
One aspect that contributes to the reliability of VTB Capital Forex is its strong expertise in currency trading. The division boasts a team of experienced professionals who possess in-depth knowledge of the Forex market. This expertise enables them to provide clients with accurate and timely market analysis, helping traders make informed decisions.
Moreover, VTB Capital Forex offers a comprehensive range of currency pairs for trading. This diverse selection allows clients to access major global currencies as well as emerging market currencies, providing ample opportunities for diversification and hedging strategies. The availability of a wide variety of currency pairs adds to the reliability of the platform, as it caters to the diverse needs of different traders.
In conclusion, as a financial expert, I would consider VTB Capital Forex to be a reliable Forex exchange overall. Its affiliation with VTB Group, expertise in currency trading, and adherence to regulatory standards contribute to its credibility. However, it is essential for traders to stay vigilant, understand the associated risks, and closely monitor their trades to ensure a satisfactory trading experience.
Financial expert and analyst at TradersHero.com
Trading on VTB Capital Forex, like any other Forex platform, involves inherent risks that traders should be aware of. The foreign exchange market is known for its volatility, which can lead to rapid price fluctuations and potential losses.
Copy Trading
Investment Programs
To earn money on VTB Capital Forex, traders can utilize various programs and approaches. Here are a few common methods:
- Manual Trading: Traders can engage in manual trading by analyzing the Forex market, identifying trading opportunities, and executing trades based on their own strategies and market insights. This requires knowledge of technical analysis, fundamental analysis, risk management, and trading psychology.
- Algorithmic Trading: Traders can develop or use pre-existing algorithmic trading programs, also known as Expert Advisors (EAs), to automate their trading strategies. These programs use predefined rules and indicators to generate trade signals and execute trades automatically, eliminating the need for manual intervention.
- Social Trading: VTB Capital Forex may offer a copy trading platform, allowing traders to copy the trades of experienced and successful traders. By selecting and copying the trades of these traders, individuals can potentially replicate their performance and earn profits based on their trading activities.
- Hedging Strategies: Traders can employ hedging strategies to minimize potential losses and manage risk. Hedging involves opening positions in opposite directions to offset potential adverse movements in the market. This approach can be used to protect existing positions or take advantage of market volatility.
- Carry Trade: Traders can participate in carry trade strategies, which involve borrowing in a low-interest-rate currency and investing in a higher-interest-rate currency. This strategy aims to profit from the interest rate differential between the two currencies while also considering potential exchange rate fluctuations.
- Arbitrage: Advanced traders may explore arbitrage opportunities, where they take advantage of price discrepancies between different markets or brokers. By simultaneously buying and selling the same currency pair at different prices, traders can exploit temporary market inefficiencies for profit.
It is important to note that Forex trading involves risks, and there are no guarantees of profits. Traders should carefully consider their risk tolerance, trading skills, and market knowledge before engaging in any programs or strategies on VTB Capital Forex. It is advisable to educate oneself, practice risk management techniques, and seek professional advice if needed.
ZuluTrade is an online platform for copying trades of traders. It allows users to automatically copy trades of experienced traders in their account.
Remember to conduct thorough research and due diligence when selecting traders to copy. Past performance is not indicative of future results, and it's important to monitor the performance regularly to ensure it aligns with your investment goals and risk tolerance.
It is crucial for traders to understand and assess their risk tolerance before engaging in Forex trading. They should carefully consider their financial situation, investment goals, and the potential impact of losses. Additionally, it is advisable to employ risk management strategies, such as setting stop-loss orders and diversifying trading positions, to help mitigate potential risks.
Best Copy Trading Platforms
Conditions
Trading Conditions for VTB Capital Forex Traders
Trading Terminals:
VTB Capital Forex provides traders with favorable trading conditions to engage in the Forex market. Traders can access the popular MetaTrader 5 (MT5) platform, offering advanced charting tools and automated trading capabilities. The platform is complemented by mobile platforms, allowing traders to stay connected and trade on the go. Traders can choose between Demo and Real accounts, offering the flexibility to practice or trade with real funds. Multiple account currencies, including RUB, USD, and EUR, are available to suit individual preferences.
In terms of funding, VTB Capital Forex supports convenient deposit and withdrawal methods, including bank transfers in multiple currencies. The minimum deposit required to start trading is set at 50,000 Russian Rubles. Leverage of up to 1:40 is offered, enabling traders to amplify their trading positions. However, it's crucial for traders to understand and manage the associated risks carefully.
VTB Capital Forex focuses on Forex trading, offering a diverse range of currency pairs for traders to choose from. The tight spreads, starting from 2 pips, contribute to competitive pricing. Traders can engage in instant execution, ensuring prompt trade executions at the requested prices. Margin call and stop out levels are set at 100% and 85% respectively, helping to manage risk and protect account balances.
While VTB Capital Forex does not mention specific special features, contests, or bonuses, its favorable trading conditions and integration with VTB Group's extensive network are noteworthy advantages. Traders should carefully review and understand these trading conditions, as well as the associated risks, before initiating their trading activities on the VTB Capital Forex platform.
| 💵 Currency | RUB, USD, EUR |
| 💰 Min deposit | From 50 000 RUB |
| ⚖️ Leverage | 1:40 |
| 💱 Spread | Floating from 0,2 pips |
| 💹 Markets | Forex, Commodities, Indices, Cryptocurrencies |
| 📱 Mobile apps | iOS, Android |
| 💵 Replenishment / Withdrawal: | Bank Transfer, VTB-Online, Bank Transfer |
| 🏦 Broker Type: | Retail forex broker |
| 📞 Customer Service | Forums, Call Back, Phone, Chat, Email |
| 👩💼 Support | Multilingual |
| 👨💼 Personal Account Manager | ✅ |
| 🔁 Copy Trading | ✅ |
| 🔓 Demo account | ✅ |
| 🗺️ Headquarters | Moscow |
Risk Warning
Comparison
Comparison of VTB Capital Forex with other FOREX Brokers
Broker comparison table of trading instruments
Commissions
VTB Capital Forex Accounts, Commissions & Fees
VTB Capital Forex ensures a streamlined and transparent process for document handling within the framework agreement, with no associated fees. Clients can conveniently access the necessary documents without incurring any additional costs. In cases where additional copies of documents are required, a fixed fee of 30 rubles per page is charged, providing clients with a cost-effective solution.
When it comes to document delivery, VTB Capital Forex offers flexibility by basing the postal expenses on the tariffs of Russian Post or other selected postal service providers. This allows clients to choose the most suitable delivery option based on their preferences and budget, ensuring transparency in shipping costs.
For clients seeking enhanced control and privacy over their funds, VTB Capital Forex provides the option of opening a separate nominal account upon individual request. While a separate nominal account is not required for Forex market services, it allows clients to isolate their funds from others, providing added security and personalized management. However, it's important to note that opening a separate client nominal account involves an initial deposit of 50,000 rubles (excluding VAT) and incurs a monthly maintenance fee of 50,000 rubles (excluding VAT).
Overall, VTB Capital Forex strives to offer a clear and client-centric approach to document handling, postal expenses, and the option of a separate nominal account. By eliminating fees for document provision within the framework agreement and providing flexible choices for document delivery, VTB Capital Forex aims to enhance the trading experience and meet the diverse needs of its clients.
| VALUE PAIR | TRANSACTION SIZE (IN LOTS) | SPREAD (IN PIPS) | SELL/BUY | BUY/SELL |
|---|---|---|---|---|
 EUR/USD | 0,01 | 1,8 | 1,17 | -0,23 |
| EUR/GBP | 0,01 | 3 | 0,885 | -0,315 |
 GBP/USD | 0,01 | 3 | 0,895 | -0,305 |
 USD/CHF | 0,01 | 3 | 0,286 | -1,114 |
 AUD/USD | 0,01 | 3,5 | 0,87 | -0,33 |
| USD/JPY | 0,01 | 3 | 0,282 | -1,318 |
| EUR/JPY | 0,01 | 3,5 | 0,24 | -1,26 |
| EUR/CHF | 0,01 | 4 | 0,39 | -0,81 |
| USD/CAD | 0,01 | 4 | 0,425 | -0,775 |
| AUD/CAD | 0,01 | 5 | 0,88 | -0,32 |
 CHF/JPY | 0,01 | 5 | 0,53 | -1,47 |
| EUR/AUD | 0,01 | 5 | 1,135 | -0,865 |
 NZD/USD | 0,01 | 5 | 0,695 | -0,705 |
| EUR/CAD | 0,01 | 6 | 1,63 | -0,37 |
| EUR/NZD | 0,01 | 6 | 1,687 | -0,313 |
| GBP/JPY | 0,01 | 7 | 0,24 | -2,26 |
| GBP/CHF | 0,01 | 7 | 0,285 | -1,715 |
| AUD/NZD | 0,01 | 8 | 1,45 | -0,55 |
| GBP/AUD | 0,01 | 8 | 0,555 | -1,445 |
| GBP/CAD | 0,01 | 8 | 1,18 | -0,82 |
| GBP/NZD | 0,01 | 8 | 1,165 | -0,835 |
| AUD/JPY | 0,01 | 4 | 0,385 | -1,615 |
| USD/RUB | 0,01 | 50 kopecks | 400 | 0 |
| EUR/RUB | 0,01 | 50 kopecks | 550 | 0 |
| USD/CNY | 0,01 | 40 | 20 | -20 |
 CNY/RUB | 0,01 | 1,4 kopecks | 120 | -80 |
Risk Warning
Final review
Detailed review of VTB Capital Forex
VTB Capital Forex is the foreign exchange (Forex) division of VTB Capital, a major financial institution in Russia. With a focus on providing comprehensive Forex solutions, VTB Capital Forex offers a range of services including currency trading, advisory assistance, and risk management strategies.
When it comes to currency trading, VTB Capital Forex stands out by offering clients access to a wide selection of currency pairs. This allows clients to engage in speculative trading or protect themselves against currency fluctuations by hedging their positions. The division provides trading opportunities involving major global currencies like the US dollar, euro, British pound, Japanese yen, as well as various emerging market currencies.
In addition to currency trading, VTB Capital Forex provides valuable advisory services to its clients. The division's team of experts analyzes the Forex market, generates research reports, and offers personalized advice based on individual client needs and objectives. By leveraging their expertise, VTB Capital Forex aims to assist clients in making well-informed trading decisions.
Operating as part of VTB Group, VTB Capital Forex benefits from the extensive resources, expertise, and global network of its parent company. This advantage allows the division to offer clients access to liquidity pools, advanced trading platforms, and competitive pricing. Additionally, VTB Capital Forex leverages its strong relationships with counterparties, including other financial institutions, to ensure efficient execution of Forex transactions for its clients.
It is essential to note that Forex trading involves inherent risks, and clients should carefully assess their risk appetite and seek professional advice before engaging in such activities. VTB Capital Forex operates in compliance with the financial regulations and standards of the countries it operates in, ensuring transparency and integrity in its operations.
Overall, VTB Capital Forex stands as a specialized division within VTB Capital, dedicated to delivering comprehensive Forex services. With its focus on currency trading, advisory assistance, and risk management, VTB Capital Forex strives to empower clients to optimize their Forex operations and achieve their financial goals.
Advantages:
VTB Capital Forex Regulator
VTB Capital Forex operates under the regulatory oversight of the Central Bank of Russia. As the main financial regulatory authority in Russia, the Central Bank is responsible for overseeing and supervising financial institutions, including forex brokers. The Central Bank sets guidelines, regulations, and standards to ensure the stability, transparency, and integrity of the financial markets in the country.
Being regulated by the Central Bank of Russia provides VTB Capital Forex with a framework for conducting its operations in compliance with the established rules and regulations. It helps to protect the interests of clients and maintain the overall trust and confidence in the financial services provided by the broker.
Regulatory oversight by the Central Bank includes various aspects, such as capital adequacy requirements, risk management practices, client fund protection, transparency in operations, and compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations. By adhering to these regulatory standards, VTB Capital Forex aims to provide a secure and reliable trading environment for its clients.
It's worth noting that regulatory information can evolve, and it's essential for traders to stay updated on the current regulatory status of VTB Capital Forex. This can be done by visiting their official website or contacting their customer support for the latest information on their regulatory framework and compliance measures.
Risk Warning
Promotions
Bonuses Paid by the VTB Capital Forex
Introducing the VTB Forex Affiliate Program. Recommend our product to your clients, subscribers, and friends and earn rewards for their forex trading activity. Earn without limits. Whether you're an individual entrepreneur or a legal entity, recommend your clients to open an account with VTB Forex and receive a stable income without any maximum restrictions on the trading volume generated by your referred clients.
How does it work? Your referred client generates a trading volume of $1,000,000 in the EUR/USD currency pair, and you receive $10*. If your referred client generates a trading volume of $10,000,000 in the GBP/USD currency pair, you receive $100. For a trading volume of £200,000,000 in the EUR/GBP currency pair, you receive $2000. *The reward amount is determined individually with each agent before entering into an agreement.
Advantages:
- Monthly receipt of rewards.
- No limitations on the reward amount.
- No fixed limit on the number of agent clients.
- The agent's reward period depends solely on the client's activity.
Join our affiliate program and start earning a stable income by recommending VTB Forex to your clients.
Education
Review of the VTB Capital Forex Education Program
The VTB Capital Forex Education Program provides a comprehensive and valuable learning experience for traders of all levels. The program offers a range of educational resources and tools to enhance traders' knowledge and skills in the forex market.
One of the key strengths of the VTB Capital Forex Education Program is its diverse range of educational materials. Traders have access to a variety of resources such as trading guides, tutorials, webinars, video lessons, and market analysis. These resources cover a wide range of topics, including basic forex concepts, technical analysis, fundamental analysis, risk management, and trading strategies. This wealth of information allows traders to develop a strong foundation and continuously improve their trading skills.
Tools for dividing learning into multiple categories:
These programs, offered by VTB Capital Forex, aim to empower traders with the knowledge and skills necessary for successful forex trading.
Best Online Trading Courses
-
The Future of DeFi: Trends and Predictions for 2024
-
Advanced Charting Techniques: Using Advanced Chart Patterns to Improve Your Trading Accuracy
-
Crypto Security Best Practices: Tips for Keeping Your Digital Assets Safe from Hackers
-
Leveraging Fundamental Analysis: Using Economic Indicators to Inform Your Trading Decisions
-
Forex Trading Platforms: Choosing the Right Platform for Your Trading Needs
-
The Future of Cryptocurrency: Predictions and Trends for the Next Decade
-
Trading Volatility: Strategies for Profiting from Price Swings in Forex and Crypto Markets
-
Introduction to Crypto Mining: How to Start Mining Cryptocurrencies at Home
-
Exploring Forex Pairs: Understanding Major, Minor, and Exotic Currency Pairs
-
Crypto Market Analysis: Identifying Trends and Opportunities for Profitable Trading
Rating and Comments
VTB Capital Forex Users Reviews 2024
Authors:
Roman Mukhin
Financial expert, analyst and author
Jane Emberg
Financial analyst and editor
The fees on VTB Capital Forex are exorbitant compared to other platforms. The high transaction costs significantly eat into my potential profits and make it difficult to justify continued use.
I find the customer support at VTB Capital Forex to be lacking. It takes them an unusually long time to respond to inquiries, and their solutions are often vague and unhelpful.
I’ve had a frustrating experience with VTB Capital Forex. The platform often suffers from technical glitches and frequent server downtime, resulting in missed trading opportunities.
I have serious concerns about the transparency of VTB Capital Forex. There have been instances where my trades were executed at unfavorable prices, raising doubts about fair and equitable trading conditions on the platform.