ViTrade

ViTrade is a brokerage brand based in Germany and operating under the official domain vitrade.de. The company was founded on August 27, 2019. According to its imprint, ViTrade is a trading name of flatexDEGIRO Bank SE, a German bank headquartered in Frankfurt. While the brand itself does not have an independent regulatory license, it operates under the umbrella of flatexDEGIRO, which is regulated by the German Federal Financial Supervisory Authority (BaFin).

The broker's website presents it as a specialist for professional traders, offering a range of trading services across multiple asset classes. It claims to combine longstanding exchange trading experience with modern digital platforms. The brand appears to target both German-speaking and international clients, as the website is available in both German and English.

ViTrade's regulatory status is indirect, as it relies on the license of its parent company, flatexDEGIRO Bank SE, which is regulated by BaFin. This means that client accounts are administered by the bank, and the bank's regulatory oversight extends to the brands under its umbrella. However, ViTrade itself is not a separately regulated entity, and traders must understand that they are contracting with the bank.

Our records show no direct regulatory registration for ViTrade as an independent broker. This is common for white-label or brand arrangements, but it also means that the brand does not have its own license to fall back on if issues arise. Traders should verify the bank's license and consider the protection offered under German banking regulations.

ViTrade provides access to a broad range of tradable instruments. These include stocks, bonds, ETFs, ETCs, certificates, options, and futures traded on German exchanges (all German floor exchanges, Xetra, and EUREX). Additionally, the broker offers contracts for difference (CFDs) on over 600 underlying instruments, covering indices, equities, commodities, futures, and currencies. Cryptocurrency trading is also available, with Bitcoin mentioned as an example.

The broker's platform allows trading on 25 off-exchange trading partners and cross-border trading in 33 countries, indicating a global reach through its bank's infrastructure. The variety of products suggests that ViTrade aims to serve traders seeking a single account for multiple asset classes, including leveraged instruments.

ViTrade offers several proprietary platforms: HTX and HTX Light for regular trading, a WebTrader for browser-based access, and HTX Mobile for iOS devices. For CFD trading, a separate browser-based CFD Trader is available. According to the website, the HTX platform is high-performance with customizable features and advanced charting tools.

The broker emphasizes the individuality of platform settings, allowing traders to adjust layouts and tools to their preferences. This suggests a focus on experienced traders who require flexibility and professional-grade functionality. The availability of a mobile app ensures trading on the go, though the app appears to be iPad- and iPhone-only, potentially excluding Android users.

ViTrade does not explicitly list different account tiers on its website, but it mentions offering individually tailored terms and conditions for discerning traders. This implies that account conditions may be negotiated or customized based on trading volume or client status. The price schedule referenced is from flatexDEGIRO Bank SE, with minimum fees for exchange trades starting at €5.95 for XETRA and €9.00 for floor exchanges.

Provision rates vary depending on custody type, with 0.09% for domestic and 0.12% for foreign custody, and a maximum fee of €40 per order. For CFD trading, pricing details are not fully disclosed on the public pages, but the broker notes that cryptocurrencies cost 0.6% total including spreads. Account opening is promoted as straightforward, with a dedicated online application form.

ViTrade positions itself as a broker for professional traders, emphasizing experience, personalized service, and advanced tools. The website's language and features suggest that it is aimed at active traders who require direct market access and low latency. The availability of leveraged CFD products also indicates suitability for those comfortable with higher risk.

However, the broker is also accessible to retail clients through its association with flatexDEGIRO, which serves a broad customer base. Traders should self-assess their experience level and risk tolerance before opening an account, especially when trading derivatives. The broker's website includes risk warnings for CFDs, highlighting the potential for losses exceeding deposits.