Home Brokers comparison Plus500 vs VT Markets

Plus500 vs VT Markets

55
0
Regal Wallet Banner

Plus500 and VT Markets are top online brokers, offering an excellent trading experience. Plus500 has a smooth funding process and transparent fee policy. It has top-tier licenses from the MAS, FCA, and ASIC. We recommend it for experienced traders, as it offers premium tools and platforms. 

Broker NamePlus500VT Markets
Year Founded20082016
RegulationFCA, ASIC, CySEC, FSCA, FMA, MAS, FSAASIC, FCA
Tradable AssetsForex, Commodities, Individual shares, ETFs, Options, Cryptocurrencies.Forex, CFDs
Min Deposit$100$200
Min Trade$0$0
PlatformsWeb, MobileWeb, Desktop, Mobile, MT4
DepositFree of chargeFree of charge
WithdrawalsFree of chargeFree of charge

VT Markets is a MetaTrader4 broker offering premium tools from Trading Central. It has licenses from the ASIC and FCA. VT Markets has a dedicated section on its website for learning materials. We recommend it for both beginner and experienced traders because of its comprehensive offer. 

Both online brokers have advantages and disadvantages. This article discusses the differences between Plus500 and VT Markets. 

Top findings from the Plus500 vs. VT Markets review: 

  1. Plus500 is a safe online broker with an excellent offering for professional traders. 
  1. VT Markets is an online broker with a dedicated learning center for new traders. 
  1. Both brokers offer a demo account to test their offering. 

We recommend Plus500 to experienced traders because of its limited educational and research tools. VT Markets is a better choice for traders who want to improve their trading skills. 

Overall Rating

FeaturePlus500VT Markets
Overall43.5
Commissions & Fees44
Offering of Investments43
Platforms & Tools43
Mobile Trading43
Research33.5
Education32.5
Trust Score9879
WinnerYES

Level of experience  

Plus500 doesn’t offer educational videos and tools. It is a top choice for professional traders because of its excellent platforms and premium tools. It has some useful trading tools, including an economic calendar. Plus500 offers a demo account, useful for traders to test its tools. 

VT Markets is an online broker with reliable educational and research materials. It offers access to Trading Central and an investor dictionary. VT Markets offers a demo account and access to ZuluTrade. 

Fees 

Plus500 has a minimum initial deposit fee of €100, while VT Markets charges $200. The average EUR/USD spread at Plus500 is 0.6, while at VT Markets is 1.3. These brokers don’t offer an active trader or VIP discount. 

Assets  

Both online brokers offer access to major forex pairs, including GBP/USD and EUR/USD. Plus500 has 50 currency pairs, and VT Markets has 38 available pairs. Plus500 provides access to 2033 CFDs, while VT Markets has 129 CFDs. 

Trading platform  

Plus500 has an excellent proprietary platform, a web, and a desktop platform. It has limited educational materials. Plus500 offers an impressive mobile trading experience with access to standard tools. Its platforms are a good choice for experienced traders. 

VT Markets is a MetaTrader broker offering the popular MT4 suite. It has a dedicated learning center for new traders, including a demo account. VT Markets is a good choice for traders of all levels of experience because of its useful tools and access to standard MT4 features. 

Banking services  

Banking services are key for an impressive online trading experience. Plus500 is present on London’s stock exchange. It offers many funding options, including PayPal, bank transfers, credit/debit, and Skrill. 

VT Markets has useful funding options, including bank transfers, credit/debit, and Skrill. 

Final verdict  

Plus500 and VT Markets are top online brokers. Both brokers have advantages and disadvantages depending on your trading experience. We recommend Plus500 to experienced traders, as its platforms are challenging to learn for new traders. VT Markets is a good choice for traders of all levels of experience because of its dedicated learning center. 

Plus500 compared to other brokers:


Methodology 

The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.

Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.

Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies that we review may compensate us when you click on the links on this website. Click below to find out more about our review process and methodology.

Disclosure

All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

Previous articlePlus500 vs. OANDA
Next articlePlus500 vs FxPro
Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

LEAVE A REPLY

Please enter your comment!
Please enter your name here