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.
- virtualbrokers Is not FCA regulated (See FCA regulated brokers here)
- virtualbrokers does not offer Cryptocurrencies (See brokers that offer Cryptocurrencies here)
- virtualbrokers does not offer ECN accounts (See brokers with ECN accounts here)
- virtualbrokers does not offer MT5 (See MT5 brokers here)
- virtualbrokers does not offer micro accounts (See micro account brokers here)
- virtualbrokers does not offer Mac platform (See brokers for Mac users here )
- virtualbrokers does not offer Spread Betting accounts (See Spread Betting brokers here)
- virtualbrokers does not allow Scalping (See brokers for scalping here)
- virtualbrokers does not allow hedging (See brokers for Hedging here)
Below is an extensive list of the best alternatives to Virtual Brokers based on our unique 500 point criteria.
Top alternative for Virtual Brokers is City Index
City Index is the best alternative broker to Virtual Brokers. City Index has been in operation for over 35 years.
City Index, as a brokerage is regulated. This means City Index are supervised by and checked for conduct by the Financial Conduct Authority, ASiC and MAS
If Virtual Brokers or City Index are not what you are looking for try XTB.
XTB, as a brokerage is regulated. This means XTB are supervised by and checked for conduct by the Financial Conduct Authority
Here are some of the key reasons why traders choose City Index and XTB over Virtual Brokers
| Virtual Brokers | City Index | XTB | |
|---|---|---|---|
| Brokerage Rating | ★★★☆☆ (3/5) | ★★★★☆ (4/5) | ★★★★☆ (4/5) |
| Regulator | the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF) | Financial Conduct Authority, ASiC and MAS | Financial Conduct Authority |
| Min Deposit | 1000 | 25 | 1 |
| Min Trade | $ 1.99 | 1 Lot | 0.01 Lot |
| Platforms | MT4,Desktop,iPhone/iOS | MT4, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps |
If you want to read more about City Index, we have put together an in-depth City Index review that explores their platform, spreads, and trading conditions in more detail.
Visit City IndexIf City Index does not match your criteria, have a look at the 10 best Virtual Brokers alternatives below.
As with any investment your capital is at risk, losses can exceed deposits.
