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 |
Pepperstone and VT Markets both keep costs competitive, but they do it in different ways. Pepperstone’s Razor account uses a commission-plus-spread model and averaged 0.10 pips on EUR/USD, with a 0.70-pip commission equivalent for a 0.80-pip all‑in cost (July 2024). Its Standard account is commission‑free at 1.1 pips on EUR/USD, which is pricier than Razor. High‑volume traders can cut costs further with Pepperstone’s Active Trader program, which offers spread rebates that range from about 10% to 30% in Australia (tiered by lots traded) and roughly 15% to 25% in the U.K./EU (tiered by monthly volume).
VT Markets offers two choices: the Raw ECN account (commission plus tight spreads) and the Standard STP account (no commission, wider spreads). On EUR/USD, VT Markets lists an effective 0.83 pips for Raw ECN (0.23 average spread plus 0.6 round‑turn commission) and about 1.2 pips for the commission‑free Standard STP account. Both VT Markets accounts have a $100 minimum deposit. The Raw ECN pricing is competitive for the industry, while the Standard STP option is less appealing for cost‑conscious traders.
Head‑to‑head on EUR/USD, Pepperstone’s Razor (0.80 pips all‑in) edges VT Markets’ Raw ECN (0.83 pips), and Pepperstone’s commission‑free Standard (1.1 pips) is slightly cheaper than VT Markets’ Standard STP (1.2 pips). For commissions and fees, both brokers earn 4.5 out of 5 stars. In ForexBrokers.com’s rankings, Pepperstone places #11 of 63 brokers, while VT Markets ranks #21 of 63.
| 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 let you trade forex as CFDs and spot contracts, and each supports copy trading. Pepperstone offers a wider lineup with 1,726 tradeable symbols and 65 currency pairs, while VT Markets lists about 1,000 symbols and 39 pairs. Neither broker lets you buy actual cryptocurrency, but both provide access to cryptocurrency derivatives.
For exchange-traded securities, Pepperstone does not offer real shares on U.S. or international exchanges. VT Markets does not offer U.S. shares, but it does allow trading real shares on select international exchanges. In our Range of Investments ratings, Pepperstone scores 4 out of 5 stars and ranks 27th out of 63 brokers, while VT Markets scores 3.5 stars and ranks 40th. Choose Pepperstone if you want more markets and forex pairs; pick VT Markets if access to real international shares matters most.
| 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.
Pepperstone vs. VT Markets: Both brokers make it easy to try before you trade with free demo (paper) accounts and offer Windows desktop and web-based platforms. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and allows copy trading. Pepperstone also provides its own in-house platform and supports DupliTrade, while VT Markets does not offer a proprietary platform and does not support DupliTrade. Neither broker supports ZuluTrade.
For charting and workflow, both brokers let you trade directly from the chart, include 30 drawing tools, and offer watch lists with 7 columns. In independent testing of trading platforms and tools by ForexBrokers.com, both earned 4 out of 5 stars; Pepperstone ranked 22nd out of 63 brokers, while VT Markets ranked 48th out of 63. If you want an in-house platform option and DupliTrade, Pepperstone has the edge; otherwise, the core platform lineup is similar.
| 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 deliver capable mobile trading apps for iPhone and Android. Each app supports price alerts, watchlists with real-time quotes, and flexible charting with 30 technical studies, trendline drawing, and multiple time frames for stocks and forex. In overall user scores, both earn 4 stars for their mobile trading experience.
Key differences show up in workflow and charting convenience. Pepperstone syncs watchlist symbols between the mobile app and your online account, while VT Markets does not. Pepperstone also auto-saves chart drawings, whereas VT Markets lacks this feature. These extras help Pepperstone place higher in independent testing: ForexBrokers.com ranks Pepperstone #21 out of 63 brokers for Mobile Trading Apps, compared with VT Markets at #45.
| 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 deliver daily market commentary, real-time forex news from top-tier sources (like Bloomberg/Reuters/Dow Jones), sentiment tools that show long vs. short positioning, and a handy economic calendar. The key difference is in their plug-in research suites: Pepperstone includes Autochartist for pattern recognition, while VT Markets offers Trading Central. Pepperstone does not include TipRanks or Acuity Trading; VT Markets’ availability for TipRanks and Acuity Trading isn’t clearly listed.
For overall research quality, Pepperstone earns 4.5/5 stars and ranks #12 out of 63 brokers at ForexBrokers.com, while VT Markets scores 3.5/5 stars and ranks #37. In short, choose Pepperstone if you want higher-rated research and Autochartist; pick VT Markets if Trading Central is your priority.
| 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 | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Pepperstone and VT Markets both deliver beginner-friendly forex and CFD education with at least 10 learning pieces and an investor dictionary covering 50+ terms. Each offers 10+ beginner videos. The big differences show up with ongoing learning: Pepperstone runs monthly client webinars and keeps a searchable archive of past sessions, while VT Markets does not offer webinars or an archive. For traders who want to go beyond the basics, Pepperstone also provides 10+ advanced videos, whereas VT Markets falls short on advanced video content.
If you value live classes and on-demand replays to build skills step by step, Pepperstone is the stronger pick. According to ForexBrokers.com, Pepperstone earns 4.5/5 stars for Education and ranks 17th out of 63 brokers, while VT Markets scores 3.5/5 stars and ranks 56th. VT Markets can still work for beginners who want simple videos and a helpful glossary, but Pepperstone offers a more complete path from beginner to advanced topics.
| 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
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VT Markets
|
|---|---|---|
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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 |
| Broker Screenshots | Pepperstone | VT Markets | |
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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) | |||
| 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 | ||
| 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) |
| 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 | ||
| 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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