Written by ForexBrokers.com
In this head to head comparison of FP Markets 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.
Founded in 2005, FP Markets is a well-regarded online broker that holds a ForexBrokers.com Trust Score of 89, indicating a solid level of trust. Though not publicly traded or a bank, the company stands out with two Tier-1 licenses, which are considered highly trusted by the industry, and one Tier-2 license. These credentials make FP Markets a reliable choice for traders seeking a dependable platform.
In comparison, VT Markets started operations later in 2016 and carries a ForexBrokers.com Trust Score of 70, reflecting an average risk level. While also not publicly traded or a bank, VT Markets supports its credibility with one Tier-1 license and one Tier-2 license. Despite its shorter track record, VT Markets offers a reasonable option, particularly for those looking for a straightforward trading experience.
| Feature |
FP Markets
|
VT Markets
|
|---|---|---|
| Year Founded | 2005 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
FP Markets delivers low-cost trading across MetaTrader and cTrader, earning 5/5 stars for Commissions and Fees and a #6 rank out of 63 brokers (ForexBrokers.com). Its Raw ECN account is the highlight: average EUR/USD spreads were 0.1 pips as of October 2023, about 0.8 pips all-in after a $6 round‑turn commission per standard lot on cTrader and MetaTrader. The Standard account is simpler but pricier, with around 1.1 pips on EUR/USD. FP Markets also took Best in Class honors for Commissions and Fees in 2024. For share CFDs on Iress, pricing is DMA with full depth of book, but the Iress ViewPoint tiers can carry platform and data fees unless you qualify for Premier or generate at least AUD 150 in monthly commissions; the lower-cost Iress Investor option waives monthly fees but trims features like streaming data and advanced charts.
VT Markets offers two clear choices with a $100 minimum deposit on each: the commission-free Standard STP account, and the Raw ECN account with tighter pricing. Typical EUR/USD spread is 1.2 pips on Standard STP, while the Raw ECN’s effective cost was about 0.83 pips (0.23 average spread plus 0.6 pips commission equivalent, September 2021). VT Markets earns 4.5/5 stars for Commissions and Fees and ranks #21 out of 63 brokers (ForexBrokers.com); its Raw ECN pricing is in line with industry norms, whereas the Standard STP spreads are less competitive.
Head to head, FP Markets generally edges out VT Markets on all-in trading costs for ECN-style accounts (about 0.8 pips vs. 0.83 pips on EUR/USD in the cited periods), and it holds a higher star rating and category rank. Traders who value the lowest spreads and don’t mind a per‑trade commission may find FP Markets’ Raw ECN especially appealing, while VT Markets’ commission-free Standard STP is straightforward but typically costs more per trade. If you plan to trade share CFDs on Iress, weigh FP Markets’ potential platform/data fees against its DMA execution and depth-of-book access.
| Feature |
FP Markets
|
VT Markets
|
|---|---|---|
| Minimum Deposit | $100 AUD | $100 |
| Average spread (EUR/USD) - Standard account | 1.2 | 1.2 |
| All-in Cost EUR/USD - Active | 0.7 | 0.8 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FP Markets and VT Markets both let you trade forex as CFDs or spot contracts. FP Markets offers a far larger catalog with about 10,000 tradeable symbols and 71 forex pairs, compared with VT Markets’ roughly 1,000 symbols and 39 pairs. Both brokers support copy trading and provide access to cryptocurrency via CFDs, but neither allows purchasing actual, delivered crypto.
For exchange-traded securities (not CFDs), neither broker offers U.S.-listed shares like Apple on NASDAQ. VT Markets does provide access to some international exchange-traded shares, while FP Markets does not. Reflecting the broader selection overall, ForexBrokers.com rates FP Markets 4.5/5 for Range of Investments (ranked 19th of 63), compared with VT Markets at 3.5/5 (ranked 40th of 63). Consider FP Markets if you want the widest variety of markets and forex pairs, and VT Markets if access to certain international exchange-traded shares is important to you.
| Feature |
FP Markets
|
VT Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 1000 |
| Forex Pairs (Total) | 71 | 39 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
FP Markets and VT Markets both check the key boxes for trading platforms and tools. Each broker offers a free demo account for paper trading, web and Windows desktop platforms, copy trading, and the ability to place orders directly from charts. You’ll also find MetaTrader 4 (MT4) and MetaTrader 5 (MT5) at both brokers, making it easy to use popular charting, indicators, and automated strategies.
The main difference is that FP Markets adds a proprietary platform built in-house, while VT Markets sticks to third-party options. According to ForexBrokers.com, both earn 4 out of 5 stars for Trading Platforms and Tools, but FP Markets ranks higher at 23rd out of 63 brokers, compared with VT Markets at 48th. If you want an extra platform choice and a higher category ranking, FP Markets has the edge; if you mainly want MetaTrader with web and desktop access plus copy trading and a demo account, VT Markets remains a solid pick.
| Feature |
FP Markets
|
VT Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FP Markets and VT Markets both offer mobile trading apps for iPhone and Android, and each supports price alerts for forex or stocks. One notable gap is watchlist syncing: neither broker syncs watchlists between the mobile app and your online account, so edits on one device won’t update the other.
For charting, FP Markets uses the standard MetaTrader toolkit, while VT Markets lists 30 built-in technical studies. Both apps let you draw trendlines, but only FP Markets automatically saves your chart drawings. Each broker earned 4 out of 5 stars for Mobile Trading Apps; however, ForexBrokers.com ranks FP Markets higher (#18 of 63) than VT Markets (#45 of 63), which may sway traders seeking a stronger overall app experience.
| Feature |
FP Markets
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VT Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
FP Markets and VT Markets both deliver useful market research for everyday traders. Each broker offers daily market commentary, an economic calendar, and forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Both also provide Trading Central tools for analysis and a sentiment tool that shows the ratio of long and short positions across instruments, helping you gauge market mood at a glance.
Where they differ: FP Markets includes Autochartist for trade ideas and pattern spotting, while VT Markets does not. FP Markets does not offer TipRanks or Acuity Trading, and VT Markets does not clearly disclose whether it provides research from TipRanks or Acuity Trading. In independent reviews, FP Markets earns a 4-star Research rating and ranks 25th out of 63 brokers, while VT Markets scores 3.5 stars and ranks 37th. Overall, FP Markets has a slight edge for research features and ratings, though both platforms cover the essentials for staying informed.
| Feature |
FP Markets
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VT Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing forex and CFD education, both FP Markets and VT Markets provide at least 10 beginner-friendly trading videos, making it easy to learn core concepts at your own pace. A key difference is live training: FP Markets runs client webinars at least once a month, giving newcomers a chance to ask questions and see strategies explained in real time, while VT Markets does not currently offer ongoing educational webinars.
As you advance, FP Markets also supplies at least 10 videos aimed at experienced traders, whereas VT Markets does not meet that advanced-video threshold. These differences are reflected in independent ratings: FP Markets earns 4 stars for Education and ranks #23 out of 63 brokers at ForexBrokers.com, while VT Markets scores 3.5 stars and ranks #56. If you value live webinars and a path from beginner to advanced content, FP Markets has the edge; if on-demand beginner videos are your priority, VT Markets still delivers the basics.
| Feature |
FP Markets
|
VT Markets
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FP Markets is better than VT Markets. FP Markets finished with an overall rank of #19, while VT Markets finished with an overall rank of #44.
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 9,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
| Feature |
FP Markets
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VT Markets
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|---|---|---|
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| Trust Score | 89 | 70 |
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FP Markets vs VT Markets: neither broker allows you to buy actual (delivered) cryptocurrency, but both offer trading in cryptocurrency CFDs.
Between online brokers FP Markets and VT Markets, FP Markets supports PayPal, Skrill, and bank wire deposits/withdrawals but not ACH or SEPA, while VT Markets likewise does not offer ACH or SEPA and its availability of PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.
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 | FP Markets | VT Markets | |
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| Trust Score | 89 | 70 | |
| Winner | check_circle | ||
| Review | FP Markets Review | VT Markets Review |
| Broker Screenshots | FP Markets | VT Markets | |
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| Regulation | FP Markets | VT Markets | |
|---|---|---|---|
| Trust Score | 89 | 70 | |
| Year Founded | 2005 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | VT Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | |||
| 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). | Yes | No |
| Tier-2 Licenses (Trusted) | FP Markets | VT Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FP Markets | VT Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 1000 | |
| Forex Pairs (Total) | 71 | 39 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | FP Markets | VT Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.2 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.7 | 0.8 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FP Markets | VT Markets | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | FP Markets | VT Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | FP Markets | VT Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FP Markets | VT Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FP Markets | VT Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | VT Markets | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FP Markets | VT Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FP Markets Review | VT Markets Review |
| Overall | FP Markets | VT Markets | |
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| Trust Score | 89 | 70 | |
| Winner | check_circle | ||
| Review | FP Markets Review | VT Markets Review |
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