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.
Founded in 2001, easyMarkets is a multi-regulated forex broker offering leveraged trading opportunities on forex, stocks, indices, commodities and crypto. With fixed spreads, an affordable initial deposit, regulation from several reputable bodies and a diverse selection of account currencies, this broker provides simple and straightforward trading solutions to a diverse range of traders.
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
Traders can access an excellent range of risk management tools, including negative balance protection, guaranteed stop loss orders and the proprietary dealCancellation tool
High-quality trading software is available including TradingView, with 100+ overlays and indicators, plus deep market insights
The Bitcoin base currency account makes it easy to store and trade cryptos without the need for a fiat exchange
easyMarkets is regulated by top authorities including the CySEC and ASIC, and has a strong 20+ year history
There’s a wide range of free research tools and news feeds available in all the broker's platforms
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
There's no copy trading service for beginners looking to follow successful strategies, or for experienced traders looking to sell their own strategies
The broker doesn’t offer any raw-spread or cent account options, which puts it behind top competitors like Vantage
Spreads on the Standard account are fairly wide based on tests, starting from 1.7 pips for EUR/USD
There is no VPS service for seasoned algo traders looking to run their automated strategies 24/7
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.
iOS App Rating
4.6
4.6
Android App Rating
4.3
3.6
Margin Trading
Yes
No
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
No
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
No
Market Maker
No
No
P2P Trading
No
No
Spot Trading
Yes
Yes
Auto Trading
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
Yes
Tournaments
No
No
Demo Competitions
No
No
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
Yes
Inactivity Fee
$0
Islamic Account
Yes
Yes
Account Currencies
USD
EUR
GBP
CAD
AUD
USD
EUR
GBP
CAD
AUD
JPY
TRY
SEK
CHF
PLN
CZK
MXN
Commodities
Silver
Gold
Natural Gas
Oil
Copper
Cocoa
Coffee
Cotton
Sugar
Orange Juice
Gold
Silver
Palladium
Soybeans
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.
You can trade 275+ CFD instruments covering equities, currencies, commodities, indices and cryptocurrencies. The broker offers flexible trading software and account options, plus access to the unique dealCancellation risk management tool, which is ideal for beginners.
Leverage
1:500
1:30
FTSE Spread
From 40
GBPUSD Spread<
0.4 pips
0.9 (MT4)
Oil Spread
From 16
3 pips
Stocks Spread
Variable
0.1% Var
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 continues to offer 60+ forex pairs including majors, minors and a selection of exotics, with fixed spreads from 1.8 pips or variable spreads from 0.8 pips. FX traders can access advanced trading software in MetaTrader, as well as very high leverage up to 1:2000.
Assets
40+
81+
GBPUSD Spread
0.4 pips
1.3 var (MT5)
EURUSD Spread
0.4 pips
0.9 (MT4)
EURGBP Spread
1.4 pips
1.5 (MT4)
Cryptocurrency
There’s a modest range of 20 cryptocurrencies paired with USD available, with high leverage up to 1:400. You can also access a Bitcoin base currency account which offers a convenient way to hold and trade your crypto assets without the need for an exchange.