Vitrade is a German online broker that offers multiple trading instruments across different asset classes, including shares, certificates, bonds, ETFs, ETCs, futures, and warrants, for trading online through a range of multiple intuitive trading platforms that are available in the desktop, web and mobile versions. The broker offers a personal and professional brokerage service where traders can benefit from its longstanding experience in stock exchange trading. A minimum deposit of 5.95 Euros is required to commence trading.
ViTrade Review Introduction
In this ViTrade review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including ViTrade.
ViTrade Platforms & Tools
The broker provides traders with multiple flexible and sophisticated trading platforms for different trading styles and experience levels. They include:
HTX Trading Platform
This is a high-performance, professional, and reliable trading platform that gives direct stock exchange access to traders. It has a fully customizable and user-friendly interface to suit the trading strategies and styles of traders of all experience levels. HTX Trading Platform has convenient features and highly professional charting that enables a fast response to market developments, supplemented by additional trading tools. Clients can trade with intelligent order types from wherever they are and whenever want through the HTX Mobile trading app for iOS devices. There is also the HTX Web Trader, which is a web-based trading platform that runs directly on most modern web browsers and operating systems without the need to install any additional software.
This is an interactive platform that offers a professional overview of the markets. It is replete with useful features and allows traders to combine trading widgets into sets that interact with each other. Guidants also gives users access to log directly into their ViTrade depot to convert information directly into a trade.
The broker provides traders with the FIX API technology. The HTX API allows both the development and use of predefined software for trading in all investment classes offered.
ViTrade Research & Education
The broker provides traders with a range of educational resources, including market analysis, webinars, and a trading academy.
ViTrade Trading Accounts
The broker provides traders with a live trading account as well as a demo account for practice purposes. With ViTrade, clients can trade from €5.95 per trade and benefit from direct stock exchange access, one-click trading, intra-day and overnight short selling, as well as a wide range of other features offered by the professional trading platform, HTX.
ViTrade Account Funding
Bank wire transfer is the only method available to ViTrade clients for both deposits and withdrawals. Generally, it takes between 3 to 7 bank working days for the whole process to complete.
ViTrade Customer Service
The broker has a reliable customer support team that is always ready to assist traders. The customer support team is available on all trading days from 8:00 am to 10 pm via telephone and email. You can also book a one-on-one online meeting.
ViTrade is a Flatex Bank AG company, which provides all banking services. Flatex Bank AG is regulated by the Financial Supervisory Authority (BaFIN). They also comply with regulatory guidelines from the European Central Bank and the European Securities and Markets Authority.
ViTrade Review Summary
ViTrade is a German online brokerage offering multiple financial products through their powerful HTX platform. The broker has some useful trading tools and offers comparatively competitive trading conditions. They cater to both beginner and professional traders with all clients receiving a personal service from trained experts.
It is worth mentioning that some of the trading products and services in this ViTrade review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the ViTrade broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.