FP Markets vs VT Markets compared

FP Markets
VT Markets
75.31% of retail CFD accounts lose money
74-89% of retail CFD accounts lose money

FP Markets

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Research score3.3/5.0
  • Markets and products score2.4/5.0
  • Deposit and withdrawal score4.7/5.0
Good to know
Recommended for
  • forex 4.08/5
You can't open an account at FP Markets

VT Markets

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Research score4.5/5.0
  • Markets and products score1.9/5.0
  • Deposit and withdrawal score4.5/5.0
Good to know
Recommended for
  • forex 3.99/5
You can't open an account at VT Markets
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*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.2

Recommended for Forex and CFD traders familiar with the MetaTrader and IRESS trading platforms

Overall Score
4.1

Recommended for Forex traders familiar with the MetaTrader trading platforms

Country of origin

Australia

Country of origin

Australia

Fees

Fees score
3.9
Fees score
3.8
Fees summary

Low trading and non-trading fees, high stock CFD fees

Fees summary

Low forex fees, but high CFD fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.7
Deposit and withdrawal score
4.5
Number of base currencies

10

Number of base currencies

5

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$100

*
Minimum deposit
*

$200

*
Time to open account

1 day

Time to open account

1 day

Required documents

Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill

Required documents

Proof of identity: passport, national ID Proof of residency: utility bill, bank statement, residence certificate

Trading platform

Web platform score
2.8
Web platform score
2.8
Mobile platform score
3.8
Mobile platform score
4.1
Desktop platform score
3.4
Desktop platform score
3.4

Markets and products

Markets and products score
2.4
Markets and products score
1.9
Stocks
*
*
Stocks
Fractional shares
Fractional shares
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
*
*
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 75.31% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

CFD disclaimer

Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
3.3
Research score
4.5
Charting quality

Mid-range

Charting quality

Mid-range

Education score
5.0
Education score
4.0
Demo account
Demo account

Customer service

Customer service score
5.0
Customer service score
5.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

No protection under ASIC, €20,000 under CySEC, No protection under Financial Services Authority (St. Vincent and the Grenadines)

Investor protection amount

No protection

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2005

Foundation date

2016

Country of regulation

Australia, Cyprus, St. Vincent and the Grenadines

Country of regulation

Cayman Islands, Australia

FP Markets

For detailed information and hands-on experience, read our review of this broker.

VT Markets

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

FP Markets's service is on par with VT Markets's and a comparison of their fees shows that FP Markets's fees are similar to VT Markets's.

Account opening takes about the same effort at FP Markets compared to VT Markets, deposit and withdrawal processes are about the same quality at FP Markets, while customer service quality is similar to VT Markets's.

Our experts rated the trading platform of FP Markets as being of the same quality as the platform of VT Markets, found that clients have access to slightly more markets and products with FP Markets, while VT Markets provides better research and education.

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