XM Group vs. VT Markets

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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. 

Broker NameXM GroupVT Markets
Year Founded20092016
RegulationASIC, FCA, CySEC, IFSCASIC, FCA
Tradable AssetsForex, CFDForex, CFD
Min Deposit$5-100$200
Min Trade$0$0
PlatformsMT4, MT5Web, Desktop, Mobile, MT4
DepositFree of chargeFree of charge
WithdrawalsFree of chargeFree of charge

Top findings from the XM Group vs. VT Markets review:  

  1. XM is a leading online broker with beginner-friendly services. 
  1. VT Markets is a top online broker with a dedicated research and learning center. 
  1. 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


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.

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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.