Written by ForexBrokers.com
In this head to head comparison of Pepperstone 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.
Pepperstone, founded in 2010, is an online broker known for its high trustworthiness in the financial industry. With a ForexBrokers.com Trust Score of 95 out of 99, Pepperstone is considered a highly trusted broker. It holds three Tier-1 licenses, indicating a strong commitment to regulatory standards, and two Tier-2 licenses. Although it is not publicly traded and does not function as a bank, Pepperstone has established itself as a reliable choice for investors looking for secure trading options.
Founded in 2016, VT Markets is a comparatively newer player in the online brokerage space. It has a ForexBrokers.com Trust Score of 70, placing it in the average risk category. While VT Markets is also neither publicly traded nor a bank, it holds one Tier-1 license, signifying some level of high trust, and one Tier-2 license, showing it meets trusted regulatory standards. Investors looking for regulatory oversight may find VT Markets to be a moderate option when compared to more established brokers like Pepperstone.
| Feature |
Pepperstone
|
VT Markets
|
|---|---|---|
| Year Founded | 2010 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
When comparing commissions and fees, Pepperstone and VT Markets offer different strengths, catering to various trader preferences. Pepperstone stands out with its Razor account, which is well-suited for high-volume traders via its Active Trader program. This account employs a commission-based pricing structure with an average spread of 0.10 pips for the EUR/USD, which, when combined with a commission-equivalent of 0.70 pips, brings the total cost to 0.80 pips — close to the industry's average. On the other hand, the Standard account from Pepperstone is commission-free but features higher spreads, averaging 1.1 pips for the EUR/USD, making it a less cost-effective choice. Professional traders can benefit from substantial rebates under certain trading volumes.
VT Markets also caters to different trading styles through its Raw ECN and Standard STP accounts, requiring a minimum deposit of $100. The Standard STP account is commission-free but typically features a spread of 1.2 pips on the EUR/USD, making it relatively pricier. Meanwhile, the Raw ECN account offers a more competitive effective spread of 0.83 pips, factoring in a 0.6 round turn commission and a 0.23 average spread, which aligns well with industry standards.
Both brokers receive a commendable 4.5-star rating for commissions and fees. However, in the ranking provided by ForexBrokers.com, Pepperstone holds the 10th position among 63 brokers, while VT Markets ranks 20th, indicating Pepperstone's slightly more favorable overall reputation in this category.
| Feature |
Pepperstone
|
VT Markets
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 1.00 | 1.2 |
| All-in Cost EUR/USD - Active | 0.70 | 0.8 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | 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.
Pepperstone and VT Markets both offer forex trading through CFDs, providing a gateway to the dynamic world of currency market speculation. Pepperstone stands out with a broader range of investments, boasting 1,726 tradeable symbols and 65 forex pairs. VT Markets, while offering a slightly lower figure of 1,000 tradeable symbols and 39 forex pairs, still delivers a versatile trading experience. Although neither broker allows the purchase of exchange-traded securities on U.S. exchanges, VT Markets distinguishes itself by offering international exchange trading, enabling clients to buy shares like Vodafone on the London Stock Exchange.
Both brokers excel in providing copy trading options and the ability to trade cryptocurrency derivatives, but neither offers actual cryptocurrency purchases. In terms of ratings, Pepperstone edges ahead with a 4-star rating for its range of investments, placing it 26th out of 63 brokers on ForexBrokers.com. Meanwhile, VT Markets holds a respectable 3.5-star rating, ranking 39th. These differences highlight Pepperstone's slightly broader appeal for diverse investment interests, though VT Markets still presents respectable choices for traders seeking variety.
| Feature |
Pepperstone
|
VT Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1726 | 1000 |
| Forex Pairs (Total) | 65 | 39 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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 Pepperstone and VT Markets in terms of trading platforms and tools, both brokers offer a range of features that cater to various trader needs. Both Pepperstone and VT Markets provide simulated trading through free virtual demo accounts, allowing beginners the opportunity to practice without risk. However, Pepperstone differentiates itself by offering a proprietary platform developed in-house, while VT Markets does not. Both brokers support popular platforms such as MetaTrader 4 and 5, and they each offer a Windows-based desktop platform and a web-based trading platform. Copy trading is available with both Pepperstone and VT Markets, but only Pepperstone provides access to DupliTrade. While neither broker supports ZuluTrade, both allow trading directly from stock charts and include 30 drawing tools for enhanced charting capabilities. Additionally, they each list seven fields for watch lists, providing a comprehensive overview of market movements.
Despite both brokers receiving a solid 4-star rating for their trading platforms and tools, Pepperstone holds a higher position at number 22 out of 63 brokers as ranked by ForexBrokers.com, compared to VT Markets at number 47. This suggests that while both platforms offer competitive features, Pepperstone edges out with slightly more advanced offerings, particularly with its proprietary platform and additional support for DupliTrade, which might appeal to traders seeking a more tailored trading experience.
| Feature |
Pepperstone
|
VT Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | 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 | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 15 | 15 |
| Charting - Drawing Tools (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Pepperstone and VT Markets both provide accessible mobile trading apps for iPhone and Android users. Each offers essential features for trading enthusiasts, such as price alerts and the ability to view multiple time frames on stock or forex charts. Users can also enjoy drawing trendlines and accessing 30 technical studies for detailed analysis. Pepperstone's mobile app has a slight edge, offering watchlist symbol syncing with the online account, a feature not available with VT Markets. Additionally, with Pepperstone, drawings on charts are automatically saved, enhancing user convenience.
Both apps allow traders to create watchlists with real-time quotes, providing a straightforward approach to keeping track of market trends. In terms of user ratings, Pepperstone's mobile app is rated at 4 stars and ranks 21st out of 63 brokers, reflecting a strong reputation among forex trading apps. VT Markets also boasts a 4-star rating but is ranked 44th, suggesting some room for improvement. Overall, while both apps offer a good range of features, Pepperstone's additional functionalities might cater better to active traders seeking seamless integration and ease of use.
| Feature |
Pepperstone
|
VT Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Pepperstone and VT Markets both cater to investors by providing daily market commentary and high-quality forex news from leading sources such as Bloomberg and Reuters. When it comes to specialized tools, Pepperstone stands out with offerings from Autochartist, providing traders access to advanced technical and fundamental research capabilities. In contrast, VT Markets partners with Trading Central to equip its users with technical analysis tools. Both brokers offer a sentiment-based trading tool, helping users gauge market trends by showing the balance between long and short positions across various instruments. Additionally, they each provide an economic calendar to keep traders informed about significant global events.
While both brokers provide valuable market research features, Pepperstone gains an edge in overall user satisfaction with a 4.5-star rating in the Research category compared to VT Markets' 3.5-star rating. This edge is further highlighted by Pepperstone's #12 ranking out of 63 brokers in research capabilities, whereas VT Markets is positioned at #36 according to ForexBrokers.com. This comparative analysis suggests that while both platforms deliver essential market insights, Pepperstone might be the more resourceful option for traders seeking comprehensive research tools and a higher level of customer satisfaction.
| Feature |
Pepperstone
|
VT Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | 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.
Pepperstone and VT Markets both cater to beginner traders by offering a substantial array of educational content focused on forex and CFDs. Both platforms provide more than 10 comprehensive educational pieces, ranging from articles to videos. However, Pepperstone stands out by offering monthly educational webinars and a searchable archive of previous webinars, features that VT Markets currently lacks. Furthermore, Pepperstone enhances its offering with a collection of over 10 advanced educational videos targeting experienced traders, positioning itself as a versatile choice for traders at various skill levels.
Moreover, both brokers provide tools to aid learning, such as an investor dictionary featuring definitions of at least 50 investing terms. When it comes to educational ratings, Pepperstone receives a commendable 4.5 stars, ranking #17 out of 63 brokers, while VT Markets holds a decent rating of 3.5 stars, positioned at #55. This disparity in rankings reflects Pepperstone's broader educational offerings and commitment to ongoing trader education compared to its competitor. For traders prioritizing education, Pepperstone clearly offers more comprehensive resources and support for learning at all stages of trading experience.
| Feature |
Pepperstone
|
VT Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Pepperstone is better than VT Markets. Pepperstone finished with an overall rank of #16, while VT Markets finished with an overall rank of #44.
Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.
| Feature |
Pepperstone
|
VT Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 95 | 70 |
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Both Pepperstone and VT Markets do not provide the option to purchase actual delivered cryptocurrency, but they both offer the capability to trade cryptocurrency derivatives.
Pepperstone provides versatile fund transfer options, including ACH or SEPA, PayPal, Skrill, Visa, Mastercard, and bank wires, whereas VT Markets offers Skrill, Visa, Mastercard, and bank wires, but lacks ACH, SEPA, and PayPal options for deposits and withdrawals.
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 | Pepperstone | VT Markets | |
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| Trust Score | 95 | 70 | |
| Winner | check_circle | ||
| Review | Pepperstone Review | VT Markets Review |
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| Regulation | Pepperstone | VT Markets | |
|---|---|---|---|
| Trust Score | 95 | 70 | |
| Year Founded | 2010 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | Pepperstone | 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) | 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). | Yes | No |
| Tier-2 Licenses (Trusted) | Pepperstone | VT Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Pepperstone | VT Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1726 | 1000 | |
| Forex Pairs (Total) | 65 | 39 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | Pepperstone | VT Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.70 | 0.8 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Pepperstone | VT Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Pepperstone | VT Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | 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 | Yes | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Pepperstone | VT Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 15 | 15 | |
| Charting - Drawing Tools (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Pepperstone | VT Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Pepperstone | VT Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Pepperstone | VT Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Pepperstone | 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 | Pepperstone Review | VT Markets Review |
| Overall | Pepperstone | VT Markets | |
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| Trust Score | 95 | 70 | |
| Winner | check_circle | ||
| Review | Pepperstone Review | VT Markets Review |
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