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 offer competitive online trading services with different pricing structures. Pepperstone is an agency-execution broker that excels in providing favorable pricing through its Razor account, especially when combined with its Active Trader program for high-volume traders. On the Razor account, Pepperstone users can expect an average spread of 0.10 pips on the EUR/USD, which increases to 0.80 pips when commission is included. In contrast, the Standard account is commission-free but features an average spread of 1.1 pips, making it a less attractive choice for cost-sensitive traders. Pepperstone is rated 4.5 out of 5 stars for commissions and fees and ranks #10 out of 62 brokers.
VT Markets offers both Raw ECN and Standard STP accounts, catering to different trader preferences. The Raw ECN account, though commission-based, provides lower effective spreads. With the Standard STP, traders benefit from a commission-free structure, but the spreads are higher, averaging 1.2 pips for the EUR/USD. The Raw ECN account offers a competitive effective spread of 0.83 pips, making it more aligned with industry standards compared to the less favorable Standard STP account. Like Pepperstone, VT Markets also earns a 4.5-star rating for its commissions and fees yet ranks at #20 among 62 brokers.
Both brokers have tailored programs for active traders, with Pepperstone’s Active Trader program offering rebates for high-volume trading. For those eligible, trading significant monthly volumes can lead to reduced spreads, enhancing cost efficiency. Whether traders prioritize competitive spreads or commission-free trading will determine the right choice between Pepperstone and VT Markets, each with their distinct advantages and high ratings for cost-effectiveness.
| 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.
When comparing the range of investments between Pepperstone and VT Markets, both online brokers provide options for forex trading either as CFDs or spot contracts. Pepperstone stands out with a larger selection of tradeable symbols, offering 1726 compared to VT Markets' 1000. Additionally, Pepperstone provides a wider array of forex pairs, totaling 65, whereas VT Markets offers 39. However, neither broker provides exchange-traded securities on U.S. exchanges. VT Markets distinguishes itself by allowing access to international securities, a feature unavailable with Pepperstone.
Both platforms support copy trading and offer cryptocurrency derivatives, though not the actual cryptocurrencies themselves. In terms of ratings, Pepperstone earns 4 stars for its range of investments, outperforming VT Markets' 3.5 stars. According to ForexBrokers.com, Pepperstone is ranked 26th out of 62 brokers in the Range of Investments category, whereas VT Markets is ranked 39th, highlighting Pepperstone's broader assortment of investment choices.
| 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 and VT Markets both stand out as online brokers that provide robust trading platforms and tools catering to various traders' needs. Both brokers offer simulated trading through free virtual demo accounts to help users practice and refine their strategies. Whether you prefer trading on a Windows-based desktop or through a web browser, both Pepperstone and VT Markets have you covered. Popular third-party platforms, MetaTrader 4 and MetaTrader 5, are available through both brokers. However, Pepperstone edges ahead with additional offerings like its in-house proprietary platform and the DupliTrade feature for copy trading, while VT Markets lacks these options.
For those interested in charting tools, Pepperstone and VT Markets each provide 30 drawing tools and allow trading directly from stock charts, ensuring traders have a comprehensive view for making decisions. Customization for watch lists is also similar, offering seven fields for tailoring your trading environment. Despite these similarities, Pepperstone ranks higher in user ratings and platform ranking, securing 4 stars for Trading Platforms and Tools and placing #22 out of 62 brokers according to ForexBrokers.com, whereas VT Markets is rated similarly in stars but ranked #47. Overall, both brokers are notable contenders, with each offering a solid suite of features suited for modern traders.
| 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 offer comprehensive mobile trading experiences with apps available for iPhone and Android devices. Both platforms provide essential features like stock and forex price alerts and the ability to draw trendlines on charts. Users can access a variety of time frames, such as daily, weekly, and intraday, in the apps' charts. Each app includes 30 technical studies, ensuring traders have adequate analytical tools at their disposal. However, a key distinction lies in Pepperstone's ability to sync watchlists across mobile and online accounts, which VT Markets does not offer. This feature can be a crucial benefit for traders looking for seamless transitions between devices.
Another difference to consider is Pepperstone's advantage in auto-saving chart drawings, a feature VT Markets lacks. This can enhance productivity for traders who frequently utilize technical analysis tools. Both apps allow users to create watchlists with real-time quotes, providing immediate access to crucial market data. When it comes to ratings, both apps earned a solid 4-star rating for their mobile trading capabilities. However, Pepperstone is ranked higher, at #21 among 62 brokers by ForexBrokers.com, compared to VT Markets at #44. This higher rank might suggest a more polished user experience overall, making Pepperstone a compelling choice for mobile trading enthusiasts seeking additional functionality and integration.
| 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 enhance trading experiences by providing daily market commentary and forex news from esteemed sources such as Bloomberg and Reuters. Both platforms offer crucial tools like sentiment-based trading features that display the ratio of long or short positions across various instruments. Pepperstone shines by providing advanced technical analysis tools from Autochartist, although it lacks resources from Trading Central, which VT Markets does incorporate. Meanwhile, neither broker uses TipRanks or Acuity Trading for additional market insights.
For users interested in keeping abreast of global economic events, both Pepperstone and VT Markets offer comprehensive economic calendars. In terms of overall market research quality, Pepperstone is highly rated at 4.5 stars and holds the 12th spot among 62 brokers as ranked by ForexBrokers.com. In contrast, VT Markets has a respectable but lower rating of 3.5 stars and ranks 36th in the same category. Thus, for those seeking a slightly more robust research platform, Pepperstone might hold the edge. However, VT Markets presents a solid option, particularly for those who value tools from Trading Central.
| 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.
For those just starting out in the world of forex and CFDs, choosing the right broker with high-quality educational resources can make a significant difference in the learning experience. Pepperstone offers a variety of educational materials for beginners, including more than 10 instructional pieces such as articles, videos, and archived webinars. They also provide monthly live webinars and maintain a searchable archive of past sessions. Furthermore, Pepperstone features a comprehensive investor dictionary with definitions of over 50 trading terms, as well as an array of beginner videos designed to build foundational knowledge. For traders seeking more advanced insights, Pepperstone supports their journey with over 10 advanced educational videos. This educational support is reflected in their 4.5-star rating and a commendable 17th place among 62 brokers in the education category, as ranked by ForexBrokers.com.
VT Markets also delivers educational content for beginners, offering more than 10 instructional materials including articles and videos tailored to forex and CFDs. They provide beginner-specific educational videos to help new traders get started confidently. However, VT Markets falls short by not offering monthly live webinars or a searchable archive of past sessions. Additionally, their advanced educational resources are limited, with fewer than 10 video offerings for experienced traders. Like Pepperstone, they offer a robust investor dictionary with a wide range of trading terms defined. Despite these offerings, VT Markets earns a 3.5-star rating and is ranked 55th out of 62 brokers for education by ForexBrokers.com, indicating some room for improvement in their educational services.
| 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 62 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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