This contrast overview assists customers that battle to choose in between Plus500 and VT Markets to discover the best online broker for their trading and investment demands. It assesses the main features of both brokers alongside to assist individuals contrast their service and make a notified decision.
To help customers select the ideal broker between Plus500 and VT Markets to discover the best-suited system, below is a list of broker’s pros and cons, complied with by a contrast of their main trading features, consisting of trading systems & devices, charges, mobile trading, deposit & withdrawal, assets, guideline, and consumer support.
Plus500 vs. VT Markets: Summary
Plus500 is a reputable CFD online broker licensed by the DFSA. They offer access to a wide range of assets including 2,800 CFDs on stocks & ETFs, cryptos, futures, forex, commodities, and indices. The Plus500 trading platform offers basic trading tools including Technical analysis charts, real-time quotes, quick buy and sell options from the same window and 3 order different types (market, limit stop order).
Plus500 trading fees are average compared to similar forex and CFD brokers. They charge an average spread of 0.8 pips (EUR/USD) without any commission. Plus500 charges non trading fees in the form of overnight fees, currency conversion fees, guaranteed stop order fees, and inactivity fees.
Plus500’s customer service is available 24/7 (even during the weekends and holidays) by phone, email, WhatsApp, and live chat.
VT Markets is a globally operating Australian multi-asset STP/ECN broker founded in 2015. The broker is regulated by 3 tier-one regulators, including the Australian ASIC, the South African FSCA, and the Mauritius Financial Services Commission.
VT Markets users can access over 1,000 tradable instruments with spreads starting at 0,0 pips. Available financial instruments include forex pairs, indices, energy markets, precious metals, soft commodities, ETFs, and CFDs on bonds and shares.
The broker has 3 account types available, including the Standard STP account, RAW ECN account, and the Islamic Swap-Free account. Additionally, VT Markets provides access to 5 trading platforms: the WebTrader, WebTrader +, VT Markets App, MetaTrader 4, and MetaTrader 5.
VT Markets allows automated trading via Expert Advisors, provides daily forex signals, and hosts an economic calendar and built-in Trading Central MT4 tools. Long-term traders can join the VT Markets ClubBlue, a rewarding loyalty program that allows them to earn prizes, access to trading tools, trade recovery vouchers, and profit boosters.
Pros
- Low minimum deposit ($100)
- Competitive spread of 0.8 pips EUR/USD
- Multiple order types and technical indicators
- Excellent customer service
- Negative balance protection
- Intuitive mobile trading app
Cons
- Relatively high fees compared to other brokers
- Limited markets
- Limited charting tools and features
Pros
Cons
Key features
- Access to 3,000 CFDs
- Beginner-friendly trading platform and mobile app
- Low, floating spreads from 0.8 pips EUR/USD
- Advanced (conditional) order types available such as GSOs and TSOs
- Free unlimited demo paper trading account
- Fast account opening
Key features
- Over 1,000 tradable instruments
- Wide range of trading tools (forex signals, economic calendar, Trading Central MT4 Tools, MAMM/PAMM accounts)
- Multiple bonuses and promotions for both new and existing clients
- Lucrative VIP loyalty program
- A broad selection of trading platforms
- Access to social trading through the proprietary VTrade platform
Plus500 vs. VT Markets Comparison
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Plus500
VT Markets
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:30 | 500:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | $20 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $10 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.8 pips | 0.2 pips |
| Stocks & ETF | 0 | 0.1 pips |
| CFD (Gold) | 7.2 pips | 0.1 pips |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100 | $100 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 60 | 40 |
| CFD Indices & Funds | 430 | 18 |
| CFD Stocks | 1000 | 121 |
| CFD Commodities | 22 | 9 |
| CFD Crypto | 0 | 16 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Plus500 vs. VT Markets Comparison Conclusion
The results of our contrast of Plus500 vs. VT Markets are involved the table below.
| Broker: | Best For: |
| Plus500 | CFD trading and investing |
| VT Markets |
Choosing the ideal option between Plus500 and VT Markets can be tough. Both online brokers have similarities yet vary regarding trading tools, systems & applications, law, deposit & withdrawals, and study and education. Choosing the best broker depends on individuals’ trading & financial investment goals, specific choices, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.