Written by ForexBrokers.com
In this head to head comparison of VT Markets vs Alpari, 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.
In the world of online trading, choosing a reliable broker can be daunting. Comparing VT Markets and Alpari offers a clear perspective on their regulatory standards and trustworthiness. VT Markets, founded in 2016, possesses a higher regulatory standing with one Tier-1 license, considered highly trusted, and one Tier-2 license, which is trusted. This grants them a Trust Score of 70, classified as average risk by ForexBrokers.com. Although VT Markets is not publicly traded nor a bank, its regulatory licenses contribute to its level of trust.
Meanwhile, Alpari, established in 1998, does not carry any Tier-1 or Tier-2 licenses. ForexBrokers.com gives Alpari a Trust Score of 68, also placing it in the average risk category. Like VT Markets, Alpari is neither publicly traded nor operates as a bank. These factors highlight the disparities in trust and regulatory compliance between the two brokers, offering important insights for individuals exploring their options in online trading platforms.
| Feature |
VT Markets
|
Alpari
|
|---|---|---|
| Year Founded | 2016 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 0 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When comparing the commissions and fees of VT Markets and Alpari, VT Markets offers two types of accounts: the Raw ECN and the Standard STP. The Standard STP account is commission-free, but generally has higher spreads, with an average spread of 1.2 pips on the EUR/USD pair. In contrast, the Raw ECN account, requiring only a $100 minimum deposit, presents a more attractive option for those interested in lower spreads, averaging 0.83 pips. Meanwhile, Alpari does not provide specific average spread data, making it challenging for prospective users to gauge exact trading costs.
When evaluated by ForexBrokers.com, VT Markets scores a 4.5 out of 5 stars for its competitive commissions and fees structure, earning a commendable rank of #20 out of 62 brokers. This reflects its appealing pricing model, particularly with the Raw ECN account. Alpari, although slightly behind, achieves a respectable 4-star rating, securing the #41 position. This demonstrates Alpari's solid standing within the industry, even without detailed spread data.
| Feature |
VT Markets
|
Alpari
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| 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.
When comparing VT Markets and Alpari for their range of investment options, both brokers offer similar foundational services but differ significantly in variety. VT Markets provides access to 1,000 tradeable symbols, offering a wide selection for investors who are keen to explore diverse assets. In contrast, Alpari offers 105 tradeable symbols, focusing more on specific markets. Both platforms support forex trading as CFDs or spot contracts, though VT Markets offers 39 forex pairs compared to Alpari's 46 pairs. Neither platform allows trading of U.S. exchange-traded securities like Apple shares, but they do provide access to international exchange-traded securities, such as those from the London Stock Exchange.
Cryptocurrency enthusiasts should note that neither VT Markets nor Alpari allow the purchase of actual cryptocurrencies. However, both offer cryptocurrency derivatives, catering to those interested in trading this asset class. Additionally, both brokers have incorporated copy trading features, appealing to investors who prefer to follow seasoned traders. With respect to ratings, VT Markets scores 3.5 stars for its range of investments, placing it at rank #39 out of 62 brokers according to ForexBrokers.com. Alpari receives 3 stars and ranks at #62, indicating a less extensive offering in comparison. Overall, VT Markets presents a slightly broader investment landscape, whereas Alpari focuses on a more limited selection with a stronger emphasis on forex pairs.
| Feature |
VT Markets
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 105 |
| Forex Pairs (Total) | 39 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| 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.
When comparing VT Markets and Alpari for trading platforms and tools, both brokers offer a wide array of features that cater to the needs of traders. VT Markets and Alpari provide simulated trading through free demo accounts, allowing users to practice strategies without risk. While Alpari has developed its proprietary trading platform, VT Markets does not have an in-house platform but supports popular options like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are also used by Alpari. Furthermore, both brokers offer Windows-based desktop and web-based platforms, making it easy for traders to access their accounts from various devices. They both support copy trading, although neither offers DupliTrade or ZuluTrade.
In terms of additional tools, VT Markets provides 30 drawing tools for charting, which is more than the 15 offered by Alpari. Both brokers allow trading directly from stock charts and offer watch lists with a capacity of seven columns. Despite differences in technical offerings, VT Markets and Alpari both receive a solid rating of four stars for their trading platforms and tools. However, VT Markets ranks slightly higher at #47 on ForexBrokers.com's list of 62 brokers, compared to Alpari at #55, indicating a marginally better overall assessment of its trading platform capabilities.
| Feature |
VT Markets
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| 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 | No |
| Charting - Indicators / Studies (Total) | 15 | 30 |
| 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 it comes to mobile trading apps, both VT Markets and Alpari offer great flexibility by providing apps available for both iPhone and Android users. Both brokers also deliver essential features like stock and forex price alerts directly to your device. However, when syncing your watchlist symbols across platforms, neither VT Markets nor Alpari provides this functionality, requiring users to manage their lists separately on different devices.
In terms of charting features, VT Markets and Alpari both include the ability to utilize 30 technical studies, draw trendlines, and explore multiple time frames such as daily, weekly, or intraday. However, any drawings made won't automatically save on either platform. Both apps do support real-time quotes for watchlists, making it easier for active traders to stay updated. While VT Markets and Alpari both received a satisfactory rating of 4 stars for their mobile trading apps, VT Markets is ranked slightly higher, at #44 compared to Alpari's #56 by ForexBrokers.com among 62 brokers.
| Feature |
VT Markets
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 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.
When comparing VT Markets and Alpari, VT Markets stands out with its offering of daily market commentary, which is not available at Alpari. Both brokers provide forex news from reputable sources like Bloomberg and Reuters; however, VT Markets adds value with a Trading Central technical analysis tool and a sentiment-based trading tool. This sentiment tool provides traders with insights into market positions, highlighting the ratio of long or short positions across various instruments, a feature Alpari lacks.
Neither VT Markets nor Alpari offers research tools from Autochartist, TipRanks, or Acuity Trading. Still, both include an economic calendar to keep traders informed of global news events impacting economies. Despite their similarities, VT Markets holds a slightly stronger position in research capabilities, earning a 3.5-star rating compared to Alpari's 3 stars. According to ForexBrokers.com, VT Markets is ranked 36th out of 62 brokers for research, while Alpari is placed at 57th, showcasing VT Markets' edge in providing comprehensive market insights.
| Feature |
VT Markets
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| 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, both VT Markets and Alpari provide a range of forex and CFDs materials, each offering at least 10 pieces such as articles or videos. This ensures that newcomers can find substantial content to help them understand the basics of trading. However, neither broker offers monthly educational webinars or a library of past recordings to continue learning through online sessions.
Both VT Markets and Alpari cater to beginners with over 10 educational videos each, covering important trading topics. They also feature a comprehensive investor dictionary with more than 50 terms, helping users get acquainted with trading jargon. Despite these offerings, VT Markets and Alpari do not provide advanced video content for seasoned traders. In terms of educational ratings, VT Markets earns 3.5 stars, slightly outshining Alpari's 3 stars. According to ForexBrokers.com, VT Markets ranks 55th while Alpari stands at 48th out of 62 brokers, indicating a similar level of educational support, with a slight edge for Alpari.
| Feature |
VT Markets
|
Alpari
|
|---|---|---|
| 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 VT Markets is better than Alpari. VT Markets finished with an overall rank of #44, while Alpari finished with an overall rank of #57.
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
|
Alpari
|
|---|---|---|
| Overall Rating |
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| Trust Score | 70 | 68 |
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Both VT Markets and Alpari do not offer the option to purchase actual (delivered) cryptocurrency, but they do provide the opportunity to trade cryptocurrency derivatives.
Both VT Markets and Alpari do not offer ACH or SEPA transfers or PayPal for deposit and withdrawal, but they do support Skrill, Visa or Mastercard, and bank wire options.
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 | Alpari | |
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| Trust Score | 70 | 68 | |
| Winner | check_circle | ||
| Review | VT Markets Review |
| Broker Screenshots | VT Markets | Alpari | |
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| Regulation | VT Markets | Alpari | |
|---|---|---|---|
| Trust Score | 70 | 68 | |
| Year Founded | 2016 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 1 | 0 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | VT Markets | Alpari | |
|---|---|---|---|
| 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 | No |
| Tier-2 Licenses (Trusted) | VT Markets | Alpari | |
|---|---|---|---|
| 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 | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 105 | |
| Forex Pairs (Total) | 39 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| 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 | Alpari | |
|---|---|---|---|
| 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 | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | VT Markets | Alpari | |
|---|---|---|---|
| Minimum Deposit | $100 | $20 | |
| 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 | Alpari | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| 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 | No |
| Trading Tools | VT Markets | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 15 | 30 | |
| Charting - Drawing Tools (Total) | 30 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | VT Markets | Alpari | |
|---|---|---|---|
| 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 | 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 | VT Markets | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | VT Markets | Alpari | |
|---|---|---|---|
| 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 | VT Markets | Alpari | |
|---|---|---|---|
| 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 | Alpari | |
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| Trust Score | 70 | 68 | |
| Winner | check_circle | ||
| Review | VT Markets Review |
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