Best Virtual Brokers Alternatives for 2021

What Virtual Brokers Does Not Offer and Alternatives For Each

There are many reasons Virtual Brokers may not be a good fit for your trading needs. For whatever reason you are looking for a better Virtual Brokers alternative or Virtual Brokers competitor with similar services. We try to give you as much useful information so you can find what it is you need. We show the best Virtual Brokers alternatives below.

For each of these Virtual Brokers alternatives, we also highlight the key differences and resemblances with Virtual Brokers. For every Virtual Brokers alternative trading platform we list we also have detailed trading platform reviews and guides elsewhere on this website, all based on real experiences trading on live Virtual Brokers and other brokerage accounts. If you are not happy with Virtual Brokers, let us show you some great alternative brokerages.

Having a reputable and dependable broker is crucial to your trading success. All of the alternative brokers we list below have good reputations and match what you are looking for.

We have listed some reasons why Virtual Brokers may not be the best broker for you. But dont worry we have compiled a list of the best alternatives further below.

virtual brokers alternatives
Virtual Brokers Summary

• Virtual Brokers is used by over 10,000 users (Look here for Virtual Brokers alternatives that are used by more traders)
• Virtual Brokers has a minimum deposit of $1,000 (Look here for Virtual Brokers alternatives that require less minimum deposit)
• Virtual Brokers has a minimum trade requirement of $ 1.99 (Look here for Virtual Brokers alternatives that require a lower minimum trade)
• Virtual Brokers has a maximum deposit of $ 7.99 (Look here for Virtual Brokers alternatives that has a similar or greater maximum trade limit)
• Virtual Brokers has 1 awards (Look here for Virtual Brokers alternatives with more awards)

virtual brokers alternatives
Virtual Brokers Tradable Financial Assets

• Virtual Brokers offers traders over 250 tradable instruments (Look here for Virtual Brokers alternatives offering a similar amount or more tradable instruments)
• Virtual Brokers offers over 0 shares (Look here for Virtual Brokers alternatives offering more tradable shares)
• Virtual Brokers does not offer US Shares (Look here for Virtual Brokers alternatives offering US Stocks and Shares)
• Virtual Brokers does not offer UK Shares (Look here for Virtual Brokers alternatives offering UK Stocks and shares)
• Virtual Brokers does not offer German Shares (Look here for Virtual Brokers alternatives offering German Stocks and shares)
• Virtual Brokers does not offer Japanese Shares (Look here for Virtual Brokers alternatives offering Japanese Stocks and shares)
• Virtual Brokers offer Indices trading (Look here for Virtual Brokers alternatives offering Indices trading)
• Virtual Brokers offers 0 commodities (Look here for Virtual Brokers alternatives offering more tradable commodities)
• Virtual Brokers does not offer trading in metals (Look here for Virtual Brokers alternatives offering metal commodities)
• Virtual Brokers does not offer trading in energy commodities (Look here for Virtual Brokers alternatives offering energy commodities)
• Virtual Brokers does not offer trading in agricultural commodities (Look here for Virtual Brokers alternatives offering agricultural commodities)
• Virtual Brokers does not offer trading on the Forex markets (Look here for Virtual Brokers alternatives offering Forex trading)
• Virtual Brokers offers Forex Pairs (Look here for Virtual Brokers alternatives offering a similar amount or more Forex Pairs)
• Virtual Brokers offers trading with Major Forex Pairs (Look here for Virtual Brokers alternatives offering Major Forex Pairs trading)
• Virtual Brokers does not offer trading with Minor Forex Pairs (Look here for Virtual Brokers alternatives offering Minor Forex Pairs trading)
• Virtual Brokers does not offer trading with Exotic Forex Pairs (Look here for Virtual Brokers alternatives offering Exotic Forex Pairs trading)
• Virtual Brokers does not offer trading in Cryptocurrencies (Look here for Virtual Brokers alternatives offering cryptocurrency trading)
• Virtual Brokers does not offer CFD trading (Look here for Virtual Brokers alternatives offering CFD trading)
• Virtual Brokers does offer Social Trading (Look here for Virtual Brokers alternatives offering Social Trading accounts)

virtual brokers alternatives
Virtual Brokers Trading Account Features

• ECN accounts are not offered by Virtual Brokers (Look here for Virtual Brokers alternatives offering ECN accounts)
• STP accounts are not offered by Virtual Brokers (Look here for Virtual Brokers alternatives offering STP accounts)
• Virtual Brokers offers MT4 (See Virtual Brokers alternatives offering the MT4 trading platform here)
• MT5 is not offered by Virtual Brokers (find Virtual Brokers alternatives that offer the MT5 trading platform here)
• cTrader is not offered by Virtual Brokers (find Virtual Brokers alternatives offering the cTrader trading platform here)
• Virtual Brokers does not offer Micro accounts (Check here for Virtual Brokers alternatives offering micro accounts)
• Virtual Brokers does not offer VIP accounts (Check here for Virtual Brokers alternatives offering VIP accounts)
• Virtual Brokers does offer Islamic accounts (Check here for Virtual Brokers alternatives offering Islamic accounts)
• Virtual Brokers does offer Demo accounts (Check here for Virtual Brokers alternatives offering Demo accounts)
• Virtual Brokers does offer Spread Betting accounts (Search for Spread Betting brokers here)
• Virtual Brokers does not allow Scalping (See brokers for scalping here)

virtual brokers alternatives
Virtual Brokers Risk Management Features

• Virtual Brokers does not allow hedging (See brokers for Hedging here)
• Virtual Brokers does not offer negative balance protection (See Virtual Brokers alternatives who offer negative balance protection here)
• Virtual Brokers does not offer Guaranteed Stop Loss (See Virtual Brokers alternatives who offer Guaranteed Stop Loss here)
• Virtual Brokers does not offer limit orders (See Virtual Brokers alternatives who offer limit orders here)
• Virtual Brokers does not offer trailing stops (See Virtual Brokers alternatives who offer trailing stops here)
• Virtual Brokers does not offer price alerts (See Virtual Brokers alternatives who offer price alerts here)

virtual brokers alternatives
Virtual Brokers Fees

• Virtual Brokers does not have inactivity fees (See Virtual Brokers alternatives who don’t have inactivity fees here)
• Virtual Brokers does not have withdrawal fees (See Virtual Brokers alternatives who don’t have withdrawal fees here)
• Virtual Brokers does not have deposit fees (See Virtual Brokers alternatives who don’t have deposit fees here)

virtual brokers alternatives
Virtual Brokers Regulation

• Virtual Brokers are not regulated by the FCA (Financial Conduct Authority) (Look here for Virtual Brokers alternatives offering FCA regulated brokers)
• Virtual Brokers are not regulated by CySEC (Cyprus Securities and Exchange Commission) (Look here for Virtual Brokers alternatives offering CySEC regulated brokers)
• Virtual Brokers are not regulated by the MiFID (Markets In Financial Instruments Directive) (Look here for Virtual Brokers alternatives offering MiFID regulated brokers)
• Virtual Brokers are not regulated by the ASIC (Australian Securities and Investments Commission) (Look here for Virtual Brokers alternatives offering ASIC regulated brokers)
• Virtual Brokers are not regulated by the FSCA (Financial Sector Conduct Authority) (Look here for Virtual Brokers alternatives offering FSCA regulated brokers)
• Virtual Brokers are not regulated by the DFSA (Dubai Financial Services Authority) (Look here for Virtual Brokers alternatives offering DFSA regulated brokers)
• Virtual Brokers are not regulated by the MAS (Monetary Authority of Singapore) (Look here for Virtual Brokers alternatives offering MAS regulated brokers)
• Virtual Brokers are not regulated by the FSA (Financial Services Authority) (Look here for Virtual Brokers alternatives offering FSA regulated brokers)

virtual brokers alternatives
Virtual Brokers Desktop Computer and Mobile Device Support

• Virtual Brokers Offers an online trading platform available to all desktop and mobile devices with an internet connection. (See Virtual Brokers alternatives that offer an online trading platform here)
• Virtual Brokers does not offer a bespoke application for Microsoft Windows Desktop computers (See Virtual Brokers alternatives that support desktop Windows users here)
• Virtual Brokers does not offer a bespoke application for Apple Mac Desktop computers (See Virtual Brokers alternatives that support desktop Apple Mac users here)
• Virtual Brokers does not offer a bespoke application for mobile devices (See Virtual Brokers alternatives that support mobile device users here)
• Virtual Brokers does not offer a bespoke application for IOS Devices (See Virtual Brokers alternatives for IOS users here)
• Virtual Brokers does not offer a bespoke application for Android Devices (See Virtual Brokers alternatives for Android users here)
• Virtual Brokers does offer live chat support (See Virtual Brokers alternatives that offer live chat support here)

Below is an extensive list of the best alternatives to Virtual Brokers based on our unique 256 point criteria.

Top alternative for Virtual Brokers is eToro

Top Pick 1 4/5 rating

eToro is the best alternative broker to Virtual Brokers. eToro has been in operation for over 14 years.

eToro, as a brokerage is regulated. This means eToro are supervised by and checked for conduct by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

If Virtual Brokers or eToro are not what you are looking for try AvaTrade.

With Virtual Brokers, Your capital is at risk

With eToro, 72% of retail investor accounts lose money when trading CFDs with this provider

With AvaTrade, Losses can exceed deposits

Top Pick 2 4/5 rating

AvaTrade, as a brokerage is regulated. This means AvaTrade are supervised by and checked for conduct by the Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)

Here are some of the key reasons why traders choose eToro and AvaTrade over Virtual Brokers

	eToro	AvaTrade	IC Markets
Brokerage Rating	★★★★☆ (4/5)	★★★★☆ (4/5)	★★★★☆ (4/5)
Regulator	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)	Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)	Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Min Deposit	200	250	200
Min Trade	$25	0.01 Lot	0.01 Lot
Platforms	Web Trader, Tablet & Mobile apps	Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5	MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
Risk Warning	67% of retail investor accounts lose money when trading CFDs with this provider.	72% of retail investor accounts lose money when trading CFDs with this provider	Losses can exceed deposits
	Visit eToro	Visit AvaTrade	Visit IC Markets

If you want to read more about eToro, we have put together an in-depth eToro review that explores their platform, spreads, and trading conditions in more detail.

If eToro does not match your criteria, have a look at the 10 best Virtual Brokers alternatives below.