Written by ForexBrokers.com
In this head to head comparison of VT Markets vs TeleTrade, 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.
When deciding between online brokers VT Markets and TeleTrade, it's helpful to consider their regulatory details. Founded in 2016, VT Markets is not publicly traded or a bank, but it holds one highly trusted Tier-1 license and one trusted Tier-2 license. According to ForexBrokers.com, VT Markets has a Trust Score of 70, indicating an average risk rating. Meanwhile, TeleTrade, established in 1994, shares similar characteristics with VT Markets, such as not being publicly traded or a bank. It also has one Tier-1 license but lacks any Tier-2 licenses, resulting in a slightly higher Trust Score of 71, classifying it similarly as average risk.
| Feature |
VT Markets
|
TeleTrade
|
|---|---|---|
| Year Founded | 2016 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
When it comes to commissions and fees, VT Markets offers different options based on their account types. The Raw ECN account provides a competitive pricing structure with an effective spread of 0.83 pips for EUR/USD, factoring in a 0.6 round turn commission and an average spread of 0.23 pips as of September 2021. Meanwhile, the Standard STP account is commission-free but features an average spread of 1.2 pips for EUR/USD, which is higher than the Raw ECN. Both account types require a minimum deposit of $100. VT Markets is rated 4.5 stars for commissions and fees and holds the 20th rank out of 62 brokers according to ForexBrokers.com.
In comparison, TeleTrade does not offer specific average spread data for commissions and fees, which makes direct comparison challenging. Despite this lack of transparency in average spreads, TeleTrade still achieves a respectable 4-star rating in this category. However, it is ranked lower than VT Markets, placing 46th out of 62 brokers in the same ForexBrokers.com review.
Overall, both VT Markets and TeleTrade present viable options for online trading with their unique account offerings. However, VT Markets stands out in terms of competitive pricing and higher rankings, making it potentially more appealing for traders focused on minimizing trading costs. Whether you choose VT Markets or TeleTrade, both provide accessible features like low minimum deposits and various account types to cater to different trading needs.
| Feature |
VT Markets
|
TeleTrade
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
VT Markets and TeleTrade both offer online forex trading as a CFD or spot contract. In terms of the sheer number of tradeable symbols, VT Markets takes the lead with 1,000 options compared to TeleTrade's 500. While TeleTrade surpasses VT Markets in the number of available forex pairs with 61 pairs compared to VT Markets’ 39, VT Markets stands out by allowing clients to invest in exchange traded securities on international exchanges, something that TeleTrade does not offer. Both brokers provide copy trading services as well as the option to trade cryptocurrency derivatives, but neither provides access to actual cryptocurrencies.
Despite their differences, both VT Markets and TeleTrade receive identical ratings of 3.5 stars for their range of investments. However, VT Markets holds a slightly higher position in the ForexBrokers.com ranking, placed at 39 out of 62 brokers, whereas TeleTrade is ranked at number 45. This makes VT Markets a slightly more appealing choice for investors looking for a broader selection of trading symbols and international exchange access, although TeleTrade's extensive forex pair offerings may be attractive for dedicated forex traders.
| Feature |
VT Markets
|
TeleTrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 500 |
| Forex Pairs (Total) | 39 | 61 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | 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.
VT Markets and TeleTrade offer a comparable suite of trading platforms and tools, making them both strong contenders for traders seeking versatile options. Both brokers provide simulated trading through free virtual demo accounts, ensuring that novices and seasoned traders alike can practice their strategies without financial risk. They share the offerings of popular trading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and each provides both Windows-based desktop and web-based trading platforms, catering to different preferences in terms of accessibility. Neither VT Markets nor TeleTrade offers a proprietary platform or supports DupliTrade; however, TeleTrade stands out with the inclusion of ZuluTrade for social trading enthusiasts.
For those interested in chart analysis, VT Markets offers a distinct advantage with 30 drawing tools compared to TeleTrade's 15. Both brokers support trading directly from stock charts, facilitate comprehensive watch lists with seven columns each, and enable copy trading. Despite these similarities, it's noteworthy that VT Markets is ranked slightly higher by ForexBrokers.com for Trading Platforms and Tools at #47, compared to TeleTrade's rank of #51. Both brokers achieve a satisfactory rating of four stars out of five, indicating a reliable performance in providing essential trading tools for their clients.
| Feature |
VT Markets
|
TeleTrade
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 15 | 35 |
| Charting - Drawing Tools (Total) | 30 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing VT Markets and TeleTrade, both platforms provide mobile apps for iPhone and Android users, facilitating trading on the go. They each offer essential features like stock and forex price alerts, as well as the ability to view multiple time frames and draw trendlines on charts. However, neither broker supports watchlist symbol syncing between the app and online accounts, meaning changes made on one platform won't automatically update on the other. TeleTrade stands out slightly with 35 technical studies for charting compared to VT Markets' 30, and it also offers an autosave feature for chart drawings which VT Markets lacks.
Both VT Markets and TeleTrade allow users to create watchlists with real-time quotes on their mobile apps. Despite sharing an equal four-star rating for their mobile trading apps, their rankings differ significantly on ForexBrokers.com. VT Markets holds the #44 spot out of 62 brokers, while TeleTrade ranks higher at #25. This may hint at subtle differences in user experience or satisfaction that go beyond just features, although both apps cover most of the basics that traders need.
| Feature |
VT Markets
|
TeleTrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When considering market research capabilities, both VT Markets and TeleTrade offer daily commentary and forex news from reputable sources such as Bloomberg and Reuters. However, VT Markets takes a step further with its inclusion of Trading Central tools, which provide users with advanced technical analytics—a feature not available with TeleTrade. Additionally, VT Markets offers a sentiment-based trading tool that shows the ratio of long and short positions across various instruments, whereas this feature is absent from TeleTrade's offerings. Both brokers supply comprehensive economic calendars to keep traders informed of global financial events.
Ratings for research support reflect these differences, with both VT Markets and TeleTrade receiving 3.5 out of 5 stars. Despite sharing the same rating, VT Markets holds a slightly better rank, listed at #36 compared to TeleTrade's #38 position in the research category by ForexBrokers.com. While neither platform provides research tools from Autochartist or Acuity Trading—nor market insights from TipRanks—VT Markets' additional features like Trading Central analytics and sentiment tools might give it an edge for traders focused on data-driven decision-making.
| Feature |
VT Markets
|
TeleTrade
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| 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, VT Markets stands out over TeleTrade by offering a collection of more than 10 educational pieces focused on forex and CFDs, which include articles, videos, and archived webinars. This makes VT Markets a more appealing choice for those new to the trading world. Additionally, VT Markets provides over 10 beginner-focused educational videos that aim to simplify complex trading topics, making it easy for novices to gain a solid understanding. On the downside, both brokers fall short when it comes to hosting online educational webinars or providing a searchable archive of past sessions, leaving traders seeking live or interactive content wanting.
A notable advantage of VT Markets is their comprehensive investor dictionary that covers over 50 investing terms, a resource not available with TeleTrade. Despite these differences, both brokers earn a similar education rating of 3.5 out of 5 stars. However, VT Markets holds a slight edge in the rankings by ForexBrokers.com, coming in at #55 out of 62, compared to TeleTrade’s position at #61. This indicates that while both offer some educational tools, VT Markets provides a better starting point for those looking to build their trading knowledge from the ground up.
| Feature |
VT Markets
|
TeleTrade
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that VT Markets is better than TeleTrade. VT Markets finished with an overall rank of #44, while TeleTrade finished with an overall rank of #50.
VT Markets benefits from being part of the Vantage Group of companies, and provides access to the MetaTrader suite of platforms as well as its own VT Pro trading app.
| Feature |
VT Markets
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TeleTrade
|
|---|---|---|
| Overall Rating |
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| Trust Score | 70 | 71 |
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Both VT Markets and TeleTrade do not provide the option to purchase actual cryptocurrencies for delivery, but they do offer trading in cryptocurrency derivatives.
Both VT Markets and TeleTrade do not support ACH or SEPA transfers, nor do they offer PayPal for depositing or withdrawing funds, but they do provide options for Skrill, Visa or Mastercard, and bank wire transactions.
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 | VT Markets | TeleTrade | |
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| Trust Score | 70 | 71 | |
| Winner | check_circle | ||
| Review | VT Markets Review |
| Broker Screenshots | VT Markets | TeleTrade | |
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| Regulation | VT Markets | TeleTrade | |
|---|---|---|---|
| Trust Score | 70 | 71 | |
| Year Founded | 2016 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | VT Markets | TeleTrade | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| 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) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | VT Markets | TeleTrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | VT Markets | TeleTrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 500 | |
| Forex Pairs (Total) | 39 | 61 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | 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 | VT Markets | TeleTrade | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | VT Markets | TeleTrade | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | VT Markets | TeleTrade | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | VT Markets | TeleTrade | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 15 | 35 | |
| Charting - Drawing Tools (Total) | 30 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | VT Markets | TeleTrade | |
|---|---|---|---|
| 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 | 30 | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | VT Markets | TeleTrade | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | VT Markets | TeleTrade | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | VT Markets | TeleTrade | |
|---|---|---|---|
| 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 | VT Markets Review |
| Overall | VT Markets | TeleTrade | |
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| Trust Score | 70 | 71 | |
| Winner | check_circle | ||
| Review | VT Markets Review |
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