IronFX or VT Markets – which is better for UK traders 2025? Compare IronFX and VT Markets in this detailed breakdown of their platforms, features and fees.
IronFX is a multi-regulated forex and CFD broker founded in 2010. This award-winning firm offers 500+ markets to over 1.5 million clients across 180 countries. Traders can access various account types with competitive pricing on the MT4 platform, as well as 24/5 customer support in 30 languages.
Founded in 2015, VT Markets maintains its position as a top Australian multi-asset CFD broker. With 1000+ tradeable instruments and support for the MetaTrader 4 and MetaTrader 5 platforms, this broker delivers a wide range of trading opportunities to over 400,000 clients worldwide. VT Markets is regulated by the ASIC, FSCA, and FSC.
Pros
Alongside MT4, the broker continues to offer several additional services, including copy trading, a VPS solution, and PAMM/MAM accounts
Fixed and floating spread accounts are available, making IronFX a good choice for both beginners and experienced traders
Traders get access to the popular Trading Central research tool, which offers automated AI analytics and 24/7 support
IronFX is an established firm and is regulated by several reputable bodies, including the CySEC, FCA and FSCA
The broker frequently offers trading competitions with cash prizes, as well as welcome bonuses for new clients
The IronFX Academy delivers some excellent educational tools for beginners through to advanced traders
Traders can access a range of analysis tools supplied by reputable providers, including Trading Central’s Market Buzz AI tool and a customizable economic calendar
Market-leading MetaTrader 4 and MetaTrader 5 charting platforms are offered, with advanced technical capabilities and access to Expert Advisors (EAs)
Spreads are competitive based on tests, coming in at 0.2 pips for EUR/USD in the ECN account, aligning with top brands like Pepperstone
There’s a strong range of payment methods, including bank wire, credit cards and e-wallets, plus 5 base currencies to choose from
VT Markets offers free 90-day demo accounts allowing traders to thoroughly test their short-term strategies
A proprietary copy trading service, VTrade, is available on two platforms, with access to 100+ providers
Cons
It’s a shame that the broker doesn’t offer any additional software such as MT5 or TradingView to give experienced traders more choice
Commissions start from $13.50 per lot in the zero-spread accounts, nearly double the industry average
Compared to the leading brokers, IronFX offers a relatively small selection of share CFDs
The broker’s bonus schemes have stringent terms and conditions, including restrictions on minimum deposits and payment methods used
Unlike similar brands like Fusion Markets, VT Markets does not offer crypto trading
Awards
Best Online Trading Platform (2019)
Best Broker of the Year (2019)
Most Trustworthy Forex Broker Global (2019)
Best Online Trading & Financial Services Company (2020)
Best Online Forex Trading Platform (2021)
International Online Currency Trading Platform of the Year (2021)
Most Outstanding Online Trading Partners Program (2022)
Most Accessible Trading Brokerage 2024, Acquisition International
Fastest Growing Multi Asset Broker Europe 2024, Cosmopolitan The Daily Business Awards
Best Online Trading Services 2024, ADVFN International Financial Awards
Best Forex CFD Broker UAE 2024, Global Business Magazine
Best Multi-Asset Broker MENA 2024, Global Business Review Award Magazine
Fastest Growing Broker Europe 2024, Global Business Review Award Magazine
Most Transparent Forex Broker LATAM 2024, Global Business Review Award Magazine
Best Forex Demo Account UAE 2024, World Business Outlook Magazine
Best Forex Customer Service Broker UAE 2024, World Business Outlook Magazine
Most Reliable Trading Platform MENA 2024, Brands Review Magazine
VT Markets offers a bespoke app with 230+ assets including forex. Traders benefit from 24/5 customer support, a welcome deposit bonus, real-time market news, and hassle-free account management. The app is available to download to Android and Apple devices.
iOS App Rating
2.1
4.6
Android App Rating
2.5
4.3
Margin Trading
Yes
Yes
MetaTrader 4
Yes
Yes
MetaTrader 5
No
Yes
cTrader
No
No
AlgoTrader
No
No
OmniTrader
No
No
TradingView
No
No
Autochartist
Yes
No
eSignal
No
No
Trading Central
Yes
Yes
STP Account
Yes
Yes
ECN Account
Yes
Yes
DMA Account
No
Yes
MAM Account
Yes
Yes
PAMM Account
Yes
Yes
LAMM Account
Yes
No
Demat Account
No
No
AI / Machine Learning
No
No
Robo Advisor
No
No
Negative Balance Protection
Yes
Yes
Market Maker
Yes
No
P2P Trading
No
No
Spot Trading
Yes
Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes
Yes
Copy Trading Platform
The TradeCopier service allows aspiring investors to copy the strategies of top traders in real-time. The tool is a great way for beginners to learn from more experienced investors, whilst strategy providers can earn performance fees.
VT Markets continues to offer copy trading via its proprietary service, VTrade. Followers can choose from 100+ strategy providers through a user-friendly platform, whilst providers can boost their earnings through the rebate scheme.
Social Trading
Yes
Yes
Trade Signals
Yes
Yes
VPS Hosting
Yes
No
Tournaments
Yes
No
Demo Competitions
No
No
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Inactivity Fee
3%
$0
Islamic Account
Yes
Yes
Account Currencies
USD
EUR
GBP
AUD
JPY
PLN
CZK
USD
EUR
GBP
CAD
AUD
Commodities
Cocoa
Coffee
Copper
Corn
Cotton
Soybeans
Sugar
Oil
Wheat
Natural Gas
Gold
Silver
Platinum
Palladium
Silver
Gold
Natural Gas
Oil
Copper
Cocoa
Coffee
Cotton
Sugar
Orange Juice
CFD
IronFX’s asset list of 300+ instruments covers forex, stocks, commodities and index CFDs. Maximum leverage from 1:30 to 1:1000 is available depending on account location. Traders can access superb technical analysis features, including 30 pre-integrated indicators and 9 charting time frames.
VT Markets offers over 1000+ CFDs spanning currencies, stocks, indices, ETFs and commodities. The MetaTrader charting platforms provide dozens of technical tools alongside integrated market analysis resources and zero restrictions on short-term trading strategies.
IronFX continues to offer a strong selection of 80 currency pairs. You can trade through the market-leading MT4 platform with a range of forex market research tools. That said, commission charges in the zero-spread accounts are high, starting from $13.50 per lot.
VT Markets offers an average selection of 40+ forex pairs with up to 1:500 leverage. Forex spreads in the ECN account are highly competitive, starting from 0.0 pips, although the 1.2-pip minimum quotes in the Standard account are a little higher than the likes of Pepperstone or IC Markets.