VT Markets or easyMarkets – which is better for UK traders 2024? Compare VT Markets and easyMarkets in this detailed breakdown of their platforms, features and fees.
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 200,000 clients worldwide. VT Markets is regulated by the ASIC, FSCA, and FSC.
Established in 2001, easyMarkets has made for a name for itself as a trusted, fixed spread broker. Improvements to its tools over the years, from adding the MetaTrader suite and TradingView to enhancing its exclusive risk management tools like dealCancellation, mark it out from the competition.
Pros
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
Unlike variable spreads offered by 90%+ of brokers we've tested, easyMarkets provides fixed spreads from 0.7 pips. This makes trading costs predictable, a significant advantage for beginners and those trading in volatile markets.
easyMarkets added Bitcoin as a base currency in 2019. This marks it out against most of the market and eliminates the need to convert crypto to fiat, reducing conversion fees and simplifying management for crypto-focused traders.
With 20+ years in the industry, multiple awards, and authorization from two ‘green tier’ regulators, easyMarkets continues to earn its reputation as a secure broker for active traders.
easyMarkets takes risk management seriously, with negative balance protection plus guaranteed stop losses and its dealCancellation (enhanced in 2024 to include periods of 1, 3, or 6 hours) in the Web Trader.
Cons
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
easyMarkets does not offer a zero-spread account like Pepperstone, which can be a drawback for traders and high-frequency traders who require minimal transaction costs.
easyMarkets is falling behind by not providing the copy trading features you get at category leader eToro, which are popular among beginners looking to follow the strategies of experienced traders.
While easyMarkets provides solid educational resources for beginners, they fall short for advanced traders. The Academy offers well-structured courses and engaging gamification, but the overall content lacks depth.
Awards
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.
The easyMarkets app is a great fit for active traders. It allows full customization, including light and dark mode, and integrates useful tools like market news, a macroeconomic calendar, and trading signals all in one app. Where it stands out is its advanced features like multiple trading ticket options (Day Trade, Vanilla Options, Pending Orders). With dealCancellation, you can also undo losing trades within 1, 3, or 6 hours.
iOS App Rating
4.6
4.6
Android App Rating
4.3
3.6
Margin Trading
Yes
Yes
MetaTrader 4
Yes
Yes
MetaTrader 5
Yes
Yes
cTrader
No
No
AlgoTrader
No
No
OmniTrader
No
No
TradingView
No
Yes
Autochartist
No
No
eSignal
No
No
Trading Central
Yes
Yes
STP Account
Yes
No
ECN Account
Yes
No
DMA Account
Yes
No
MAM Account
Yes
No
PAMM Account
Yes
No
LAMM Account
No
No
Demat Account
No
No
AI / Machine Learning
No
No
Robo Advisor
No
No
Negative Balance Protection
Yes
Yes
Market Maker
No
Yes
P2P Trading
No
No
Spot Trading
Yes
Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes
No
Copy Trading Platform
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
No
Trade Signals
Yes
VPS Hosting
No
No
Tournaments
No
No
Demo Competitions
No
No
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
Yes
Inactivity Fee
$0
$25
Islamic Account
Yes
Yes
Account Currencies
USD
EUR
GBP
CAD
AUD
USD
EUR
GBP
CAD
AUD
JPY
ZAR
TRY
SEK
NOK
CHF
HKD
SGD
PLN
CZK
MXN
CNY
Commodities
Silver
Gold
Natural Gas
Oil
Copper
Cocoa
Coffee
Cotton
Sugar
Orange Juice
Gold
Silver
Palladium
Soybeans
Platinum
Copper
Oil
Natural Gas
Wheat
Sugar
Coffee
Corn
Cotton
Cocoa
CFD
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.
While the growing selection of 275+ CFDs still trails category leaders like BlackBull with its 26,000+ underlying assets, easyMarkets shines for its proprietary risk management tools. These include easyTrade which caps your risk to dealCancellation that provides a 1, 3, or 6-hour margin to cancel your order if the market moves against you.
Leverage
1:500
1:2000
FTSE Spread
From 40
1.0
GBPUSD Spread<
0.4 pips
0.9
Oil Spread
From 16
1.1
Stocks Spread
Variable
0.25 (Apple)
Forex
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.
easyMarkets offers 60+ major and minor currency pairs but no exotics. Forex traders will appreciate the access to the industry’s leading software MT4, paired with the broker’s fixed spreads from 0.7 pips on EUR/USD, offering a degree of price certainty.
Assets
40+
60+
GBPUSD Spread
0.4 pips
0.9
EURUSD Spread
0.4 pips
0.7
EURGBP Spread
1.4 pips
1.0
Cryptocurrency
easyMarkets excels for serious crypto traders, featuring 20 popular digital tokens, including Bitcoin and Ethereum, paired with the US dollar. Its introduction of a BTC account also makes for a seamless user experience for dedicated crypto traders while cutting conversion fees.