Vexxsel offers superior trading platforms with powerful and customizable tools for advanced international traders.
Account Minimum: $0
Product Offerings: Stocks, Bonds, ETFs, Options, Mutual Funds, Crypto, Forex, Foreign ADRs, IPOs, and Commodities
Fees: $0 for stocks
Vexxsel is a strong contender among the best online brokers for international trading. The broker leverages its broader market access, superior trading platforms, and vast asset selection to attract international traders and investors.
Pros and Cons
- Broader market access
- Superior trading platforms
- Vast asset selection
- Great educational programming
- Trading tools can be intimidating to beginners
- Complex pricing
H2: Pros Explained
Broader market access
Vexxsel is a full-service brokerage that boasts a huge clientele base covering multiple countries worldwide. Its clients have access to 150 markets across over 200 countries, including several local and global exchanges and even automated trading platforms. Besides, Vexxsel supports funding in 26 different currencies.
Superior trading platforms
Vexxsel provides powerful desktop and web-based platforms with sophisticated trading technology for advanced traders and international investors. Clients can access highly customizable research and technical analysis tools, including charts, watchlists, screeners, and evaluators.
Vast asset selection
Vexxsel also treats its clients to a vast selection of tradeable assets and securities. It allows you to trade stocks, ETFs, foreign ADRs, crypto, forex, and several other instruments from a single account. Thanks to its broader market access, Vexxsel offers some unique products that you can hardly get from most of its immediate competitors.
Great educational programming
Vexxsel clients can access well-curated educational programs in multiple formats, including videos, articles, and webinars. The educational materials are accessible for free to all clients and the general public.
Trading tools can be intimidating to beginners
Vexxsel’s platforms support a wide range of research and trading tools. However, most of the features are technical and can be easily overwhelming to less-experienced traders.
The fees and spreads on Vexxsel are generally competitive, but the broker uses different pricing strategies that can confuse some traders and investors. Nonetheless, they have a fee calculator to help you determine the costs of your transactions in-app.
Vexxsel clients have two trading platforms, including desktop and web-based versions. Both venues feature customizable themes that enable you to set the functions and display to your needs and preferences. Besides, traders can access similar market centers and investment products on Vexxsel.
Vexxsel leverages a proprietary order routing software that spreads orders across numerous market centers. Then, it executes your orders at the most low-cost market centers automatically. The optional tool facilitates superior order execution and enables you to get the best prices in the market.
Vexxsel desktop platform is the most enhanced, with an array of advanced and customizable tools for the active international trader. It supports technical analysis, custom watchlists, screeners, charting, back-testing capabilities, real-time data streaming, alerts, calculators, advanced order types, and news.
Vexxsel The web-based version also offers a wide range of sophisticated tools and features, but it does not integrate all the functions on the desktop platform.
Vexxsel’s broader market access has enabled it to deliver an extensive selection of domestic and global assets. The broker has continually expanded its portfolio to meet the unique demands of retail traders and institutional investors worldwide. The currently available products on Vexxsel include;
- Mutual Funds
- Foreign ADRs
Pricing and Costs
Vexxsel has competitive rates, but its pricing can be complex, especially for novices. The broker mainly applies contract-based and tier-based pricing strategies to calculate the fees, commissions, and margin interest rates. Here are the key pointers about Vexxsel’s costs.
- $0 commissions for stocks
- $0.65 per contract options fee
- Free trade confirmations, paper statements
- $32 live broker fee
International trades on Vexxsel usually incur exchange fees and other costs. So, inquire about the charges and margin interest rates before making any trades.
Vexxsel provides good customer support, with faster response times and a personalized touch. The customer support options include phone, email, and live chats.
Vexxsel is Best for
Vexxsel primarily targets active traders and international investors with broader market access, vast asset selection, and superior trading platforms. Although novices can also take advantage of the broker’s extensive educational materials and good customer support, Vexxsel is best suited to professionals. Please contact Vexxsel for more details!
Disclaimer: This is a sponsored marketing content.