Page Summary
XM Group and VT Markets are leading online brokers with excellent services. XM is a MetaTrader-only broker with beginner-friendly services. It has top-tier licenses from the ASIC, FCA, CySEC, and IFSC. XM provides access to leading educational content and market research. It is a good fit for new investors who want to improve their trading knowledge.
VT Markets is a MetaTrader4 broker with access to Trading Central. It has top-tier licenses from the ASIC and FCA. VT Markets has a comprehensive learning center and access to reliable market data. We recommend it for traders at all levels.
Both brokerage firms have strengths and weaknesses. This article discusses the differences between XM Group and VT Markets.
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XM
VT Markets
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:888 | 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 | 0 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 1.6 pips | 0.2 pips |
| Stocks & ETF | 0,1% – (min $5) | 0.1 pips |
| CFD (Gold) | 3 pips | 0.1 pips |
| Crypto | 0 | |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $5 | $100 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 100 | 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 | 55 | 40 |
| CFD Indices & Funds | 14 | 18 |
| CFD Stocks | 1286 | 121 |
| CFD Commodities | 14 | 9 |
| CFD Crypto | 5 | 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
Top findings from the XM Group vs. VT Markets review:
- XM is a leading online broker with beginner-friendly services.
- VT Markets is a top online broker with a dedicated research and learning center.
- Both brokers offer a virtual trading account to test their offering.
Both brokerage firms offer excellent learning tools for new investors. We recommend XM and VT Markets to traders at all levels.
Level of experience
XM offers the complete MetaTrader suite. It has investor trading support and a virtual trading account. This broker is an excellent choice for beginners, as it has many learning tools and materials.
VT Markets offers useful educational and research tools. It has Trading Central and an investor dictionary. This broker offers a demo account and ZuluTrade.
Fees
The minimum deposit fee at XM ranges between $5 and $100, depending on the funding method you opt for. VT Markets has a minimum deposit fee of $200. Both brokers have a transparent fee policy.
Assets
XM Group has 57 currency pairs, while VT Markets offers 39 pairs. XM has 1372 CFDs, while VT Markets has 168 available CFDs.
Trading platform
XM offers the MT4 and MT5 suites, but it doesn’t have a proprietary platform. These suites are user-friendly and easy to customize. XM provides access to a comprehensive research center with articles and trading signals. This broker has diverse educational content, which is why it is a good fit for new investors.
VT Markets offers the MT4 suite. It has a dedicated learning center and a virtual trading account. We recommend VT Markets to traders at all levels as it has impressive tools and useful features.
Banking services
Banking services contribute to a smooth online trading experience. Both online brokers offer bank transfers, credit/debit cards, and Skill
Final verdict
XM Group and VT Markets are leading online brokers. Both have strengths and weaknesses depending on your trading style and experience. XM and VT Markets are excellent choices for traders at all levels because of their useful learning materials.
XM compared to other brokers:
XM review