Written by ForexBrokers.com
In this head to head comparison of Spreadex vs VT Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spreadex, established in 1999, and VT Markets, which commenced operations in 2016, are both online brokers that cater to different levels of trading needs. Spreadex holds a single Tier-1 license, placing it in the "average risk" category with a Trust Score of 71 according to ForexBrokers.com. This score suggests that while it meets certain safety standards, potential clients should conduct thorough research before investing.
Founded in 2016, VT Markets also holds one Tier-1 license, making it comparable to Spreadex in terms of regulatory standing. It additionally possesses a Tier-2 license, which reflects a higher level of trust for some users. Despite this, its Trust Score is 70, placing it in the same "average risk" bracket as Spreadex. Neither Spreadex nor VT Markets are publicly traded companies or banks, which marks an important consideration for potential investors seeking transparency and added security.
| Feature |
Spreadex
|
VT Markets
|
|---|---|---|
| Year Founded | 1999 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
When comparing Spreadex and VT Markets in terms of commissions and fees, both brokers offer competitive pricing, though their structures differ notably. Spreadex offers average spreads on the EUR/USD pair at 0.81 pips, with minimum spreads often reaching 0.6 pips 60% of the time throughout January 2024. This pricing strategy has earned Spreadex a commendable 4-star rating, placing them at #30 out of 62 brokers evaluated by ForexBrokers.com.
VT Markets provides flexibility through its two account types: the Standard STP and Raw ECN accounts. The Standard STP account has no commission fees while maintaining a higher spread of 1.2 pips on the EUR/USD pair, making it less appealing for cost-sensitive traders. Alternatively, the Raw ECN account combines a 0.23 pip average spread with a 0.6 round turn commission, resulting in an effective spread of 0.83 pips. Serving as a more cost-efficient choice, particularly for active traders, this flexibility helps VT Markets achieve a higher rating of 4.5 stars and a favorable rank of #20 on ForexBrokers.com.
| Feature |
Spreadex
|
VT Markets
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 0.81 | 1.2 |
| All-in Cost EUR/USD - Active | N/A | 0.8 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Spreadex and VT Markets both provide access to forex trading via CFDs or spot contracts, catering to traders interested in currency markets. Spreadex stands out with a substantial offering of 10,000 tradeable symbols, compared to VT Markets' smaller selection of 1,000. In terms of forex pairs, Spreadex offers 52 pairs, while VT Markets provides 39 pairs, giving Spreadex a slight edge in both categories. However, neither platform enables clients to directly purchase exchange traded securities on U.S. exchanges.
When it comes to international securities, VT Markets offers more flexibility, allowing clients to buy shares such as Vodafone on foreign exchanges, a feature not available with Spreadex. Additionally, VT Markets supports copy trading, appealing to those looking to replicate successful traders’ moves, whereas Spreadex does not. Both platforms permit trading in cryptocurrency derivatives but not the actual cryptocurrencies. Despite VT Markets’ additional features, Spreadex is rated higher at 5 stars for range of investments, outranking VT Markets, which holds a 3.5-star rating. Spreadex also ranks 13th out of 62 brokers in this category according to ForexBrokers.com, while VT Markets ranks 39th.
| Feature |
Spreadex
|
VT Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 1000 |
| Forex Pairs (Total) | 52 | 39 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools of Spreadex and VT Markets, both brokers provide traders with a valuable array of services, yet each has its own unique offerings. Spreadex, for instance, boasts a proprietary platform developed in-house, allowing a customized trading experience, although it lacks a Windows desktop application. Instead, it caters to traders through its web-based platform. In contrast, VT Markets provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both well-regarded platforms in the trading community, and offers a Windows-based desktop application. Both brokers offer web-based platforms and simulated trading accounts for practice, yet VT Markets stands out by supporting copy trading, expanding its appeal to traders interested in mirroring successful strategies of others.
Charting tools are essential to any trader, and while both brokers enable trading directly from the charts, VT Markets takes the lead with 30 drawing tools compared to Spreadex's 11. However, when examining watch list capabilities, Spreadex offers 8 columns for enhanced data tracking, one more than VT Markets. Despite these distinctions, Spreadex and VT Markets have the same rating of four stars for their trading platforms and tools. Ranked closely among 62 brokers, Spreadex positions 46th and VT Markets 47th according to ForexBrokers.com, indicating that both provide a solid platform choice for traders depending on their specific preferences and needs.
| Feature |
Spreadex
|
VT Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 58 | 15 |
| Charting - Drawing Tools (Total) | 11 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Spreadex and VT Markets offer accessible mobile trading experiences with apps available for iPhone and Android users. These platforms provide essential features such as stock and forex price alerts and allow traders to draw trendlines on charts and view multiple time frames. While both brokers let users create watchlists with real-time quotes, neither Spreadex nor VT Markets offers watchlist symbol syncing between their mobile apps and online accounts. Additionally, neither app auto-saves chart drawings, requiring users to manually redo them if needed.
When it comes to charting capabilities, VT Markets stands out by offering 30 technical studies in its mobile app, while Spreadex does not specify the number of available studies. Despite these differences, both brokers have received a 4-star rating for their mobile trading apps. However, in the ForexBrokers.com rankings, VT Markets edges ahead, placing 44th out of 62 brokers compared to Spreadex’s 49th position. This slight lead may attract mobile traders seeking a comprehensive charting experience with more technical analysis tools.
| Feature |
Spreadex
|
VT Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | N/A | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
In the realm of market research, both Spreadex and VT Markets cater to traders with daily market commentary and updates, ensuring you stay informed with the latest financial insights. They both supply forex news from esteemed sources like Bloomberg and Reuters, enhancing your investment strategies with reliable information. Spreadex and VT Markets further complement these offerings by providing sentiment-based trading tools, allowing traders to gauge market trends through the ratio of long and short positions on various instruments. Additionally, each platform includes an economic calendar to keep you abreast of global news events that could impact trading.
When it comes to advanced research tools, however, differences become more apparent. While Spreadex does not offer tools from Trading Central, VT Markets steps ahead by providing access to these valuable technical analysis resources. Neither broker extends research benefits from firms like Autochartist, TipRanks, or Acuity Trading. Despite these distinctions, Spreadex holds a slight edge with a 4-star research rating and a solid rank of #31 out of 62 brokers, compared to VT Markets' 3.5-star rating and #36 rank. These ratings reflect the breadth of resources each brokerage offers, influencing traders’ decisions based on their research needs.
| Feature |
Spreadex
|
VT Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Spreadex and VT Markets are equipped to offer over 10 educational pieces focused on forex and CFDs. This includes diverse content types such as articles, videos, and webinars, all designed to introduce newbies to the world of trading. Spreadex goes the extra mile with a collection of over 10 educational videos specifically tailored for beginners, ensuring that new traders have access to bite-sized, understandable content. VT Markets also keeps pace by providing a similar number of beginner-focused videos.
Both brokers offer a helpful investor dictionary containing definitions of over 50 investing terms, making it easier for newcomers to get a handle on industry jargon. However, neither Spreadex nor VT Markets provides monthly webinars or searchable archives of past sessions, which leaves some room for growth in their educational services. In terms of ratings, Spreadex receives a respectable 4 stars for its educational offerings, sitting at rank #45 among 62 brokers according to ForexBrokers.com. Meanwhile, VT Markets has a slightly lower score of 3.5 stars and ranks #55 in the same category. This indicates that while both brokers deliver essential educational resources, Spreadex edges ahead in the quality and variety of its beginner training tools.
| Feature |
Spreadex
|
VT Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Spreadex is better than VT Markets. Spreadex finished with an overall rank of #39, while VT Markets finished with an overall rank of #44.
Spreadex is an FCA-regulated broker in the UK, offering forex and CFDs, and is well known for its sports betting business, and proprietary web trading platforms. Spreadex still has considerable room to improve, in key categories such as research and education, compared to the best forex brokers.
| Feature |
Spreadex
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VT Markets
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|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 70 |
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Both Spreadex and VT Markets enable investors to trade cryptocurrency derivatives, but neither platform offers the option to purchase actual (delivered) cryptocurrencies.
Spreadex and VT Markets do not support ACH, SEPA, or PayPal for deposits or withdrawals, but both accept Visa and Mastercard as well as bank wire transfers; however, only VT Markets offers the option to use Skrill for funding accounts.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Spreadex | VT Markets | |
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| Trust Score | 71 | 70 | |
| Winner | check_circle | ||
| Review | Spreadex Review | VT Markets Review |
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| Regulation | Spreadex | VT Markets | |
|---|---|---|---|
| Trust Score | 71 | 70 | |
| Year Founded | 1999 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Spreadex | VT Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Spreadex | VT Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Spreadex | VT Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 1000 | |
| Forex Pairs (Total) | 52 | 39 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Spreadex | VT Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.81 | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | 0.8 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Spreadex | VT Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Spreadex | VT Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Spreadex | VT Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 58 | 15 | |
| Charting - Drawing Tools (Total) | 11 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Spreadex | VT Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | N/A | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Spreadex | VT Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Spreadex | VT Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Spreadex | VT Markets | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Spreadex Review | VT Markets Review |
| Overall | Spreadex | VT Markets | |
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| Trust Score | 71 | 70 | |
| Winner | check_circle | ||
| Review | Spreadex Review | VT Markets Review |
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