VistaBrokers is a Cyprus registered online Forex and CFD broker which claims to have been created by a group of individuals with financial market expertise to provide private financial firms as well as retail Forex brokers with access to various financial markets. Vista Brokers is currently regulated by CySEC in Cyprus and holds a pass-through license licensed and authorized by it, regulatory number: 190/13.
The financial trading instruments offered by Vista Brokers are Currency CFDs, Commodity CFDs, Index CFDs and Stock CFDs.
Account & Leverage
Vista Brokers offers three types of trading accounts, namely Mini Account (minimum deposit of $100), Standard Account (minimum deposit of $500), and Professional Account (minimum deposit of $5,000). The maximum trading leverage is 1:1000 for the mini account, 1:500 for the standard account, and 1:100 for the professional account. Additionally, Vista Brokers offers free demo accounts as well as swap-free accounts.
Spread & Fees
The minimum EURUSD spreads for all three accounts start at 0.5 pips, but the commissions charged are different. In addition to the spread, the mini account charges a commission of $26, the standard account charges a commission of $17, and the professional account charges a commission of $9. In general, transaction costs on the Vista Brokers platform are higher.
Vistabrokers provides traders with the most popular MT4 trading platform. MT4 is an internationally renowned trading terminal that offers a full range of trading tools and resources: more than 50 built-in technical indicators, advanced charting packages, various Expert Advisors (EAs) and extensive backtesting options for them. Traders can download ready-made EAs or create their own EAs and let the program do all the work.
Vistabrokers supports traders to deposit and withdraw funds from their investment accounts through VISA, MasterCard, Skrill, Neteller, Alipay, China UnionPay, Maestro, wire transfer, and DACCO.