Written by ForexBrokers.com
In this head to head comparison of Saxo 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.
When comparing online brokers Saxo and VT Markets, there are distinct differences in their trust levels and regulatory achievements. Saxo, founded in 1992, is a bank that has achieved a perfect Trust Score of 99 from ForexBrokers.com. This high score reflects its extensive regulatory oversight with 7 Tier-1 licenses and 1 Tier-2 license. On the other hand, VT Markets, established in 2016, is not a bank and holds a Trust Score of 70, indicating an average risk level with its regulatory standing. It possesses 1 Tier-1 and 1 Tier-2 license, which point to a moderate trust level in comparison to Saxo.
While neither Saxo nor VT Markets are publicly traded, their paths in compliance and regulation mark a noticeable difference in their trustworthiness. Saxo's strong regulatory framework backed by a multitude of licenses positions it as a more secure choice among brokers. Meanwhile, VT Markets, being relatively younger and with fewer regulatory credentials, presents a more average risk profile, appealing to investors willing to weigh these factors in their decision-making process.
| Feature |
Saxo
|
VT Markets
|
|---|---|---|
| Year Founded | 1992 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
Saxo earns 5 stars for commissions and fees (ranked #9 of 63), edging VT Markets’ strong 4.5-star showing (ranked #21 of 63). For active or high-balance traders, Saxo’s tiered pricing can be very competitive, while VT Markets appeals to beginners with a low $100 minimum deposit on both its Standard STP and Raw ECN accounts.
At Saxo, EUR/USD average spreads as of November 2023 were 1.1 pips (Classic), 1.0 pips (Platinum), and 0.9 pips (VIP), with minimums about 0.2 pips tighter during the same period. The Classic account now has a $0 minimum deposit, while Platinum requires $200,000 and VIP typically requires $1,000,000 (both tiers can also be reached via loyalty-based upgrades). Forex trading is commission-free; however, if you trade less than 50,000 units per month, a $3 per side ticket fee applies. For share trading, Saxo waives custody fees if you opt into securities lending.
VT Markets’ Standard STP account is commission-free with a typical EUR/USD spread of 1.2 pips. The Raw ECN account targets lower costs through an effective EUR/USD spread of 0.83 pips (based on a 0.6 round-turn commission plus a 0.23 average spread, September 2021). Both accounts require just $100 to get started. In short, VT Markets’ Raw ECN pricing is in line with industry norms, while its Standard STP spreads are higher; Saxo’s best pricing shows up at higher tiers, making it a better fit for heavier traders.
| Feature |
Saxo
|
VT Markets
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.1 | 1.2 |
| All-in Cost EUR/USD - Active | 0.9 | 0.8 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Saxo stands out for sheer variety, offering about 70,000 tradeable symbols and 190 forex pairs, while VT Markets lists roughly 1,000 symbols and 39 forex pairs. Both brokers let you trade forex as CFDs or spot contracts. If you want exchange-traded securities (not CFDs), Saxo supports U.S. stocks like Apple as well as a wide selection of international shares; VT Markets does not offer U.S. stocks, but it does provide access to some international exchanges.
Both Saxo and VT Markets support copy trading and let you trade cryptocurrency via CFDs, though neither offers buying actual crypto. For Range of Investments, ForexBrokers.com rates Saxo at 5 stars (ranked #3 of 63) and VT Markets at 3.5 stars (ranked #40 of 63). In short, choose Saxo if you want the broadest market access, or VT Markets if a simpler lineup fits your needs.
| Feature |
Saxo
|
VT Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 70000 | 1000 |
| Forex Pairs (Total) | 190 | 39 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | 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.
Saxo vs VT Markets: both brokers check key boxes for trading platforms and tools. Each offers free demo (paper) trading, copy trading, a web platform, and a Windows desktop platform, plus the ability to place trades directly from charts. The big split is platform choice: Saxo delivers its own in-house platform experience and does not support MetaTrader, while VT Markets does not have a proprietary platform but supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Details such as the exact count of chart indicators and watchlist fields were not specified.
For quality and recognition, Saxo stands out: it earns 5 stars for Trading Platforms and Tools and ranks #1 out of 63 brokers on ForexBrokers.com. VT Markets earns 4 stars and ranks #48 out of 63. In short, pick Saxo if you want a top-rated, broker-built platform suite; choose VT Markets if MetaTrader 4 or 5 is a must-have.
| Feature |
Saxo
|
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) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 64 | 15 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Saxo and VT Markets both offer mobile trading apps for iPhone and Android, complete with price alerts and the ability to draw trendlines on charts. A key difference is watchlist syncing: Saxo syncs watchlists across devices and your web account, while VT Markets does not, which can impact how easily you keep track of symbols across platforms.
For charting, Saxo includes 64 technical studies versus 30 at VT Markets, and Saxo auto-saves your chart drawings while VT Markets does not. These extras help explain why ForexBrokers.com rates Saxo’s mobile app 5 stars and ranks it #2 out of 63 brokers, compared with VT Markets at 4 stars and #45. If you value deeper chart tools and smoother organization, Saxo has the edge; if you just need a capable app for trading on the go, VT Markets still covers the basics.
| Feature |
Saxo
|
VT Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 64 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Saxo vs VT Markets: both publish daily market commentary and stream forex news from top-tier sources (e.g., Bloomberg, Reuters, Dow Jones). Each broker also offers a sentiment tool that shows long/short positioning and an economic calendar for upcoming events. According to ForexBrokers.com, Saxo leads with a 5-star Research rating and ranks #1 out of 63 brokers, while VT Markets holds a 3.5-star rating and ranks #37.
Tool-wise, Saxo includes Autochartist but not Trading Central; VT Markets offers Trading Central but not Autochartist. Saxo does not feature TipRanks or Acuity Trading, while VT Markets’ use of TipRanks or Acuity Trading isn’t specified. If third-party tool choice matters, pick based on whether you prefer Autochartist (Saxo) or Trading Central (VT Markets), keeping in mind Saxo’s higher overall research score.
| Feature |
Saxo
|
VT Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
If you’re new to trading and comparing Saxo vs VT Markets for education, both brokers offer at least 10 beginner-focused videos that explain key trading concepts in plain language. Saxo goes further by hosting monthly client webinars and providing 10+ advanced videos, giving you clear next steps as your skills grow. VT Markets does not hold monthly educational webinars and doesn’t reach the 10-video mark for advanced topics, which may slow your progress once you move past the basics.
The independent ratings reflect this difference. ForexBrokers.com gives Saxo 5 stars for Education and ranks it 13th out of 63 brokers, while VT Markets earns 3.5 stars and ranks 56th. Bottom line: if you want ongoing webinars and a path from beginner to advanced, Saxo is the stronger pick. If you only need beginner videos to get started, either broker can do the job.
| Feature |
Saxo
|
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 Saxo is better than VT Markets. Saxo finished with an overall rank of #3, while VT Markets finished with an overall rank of #44.
Saxo is an exclusive multi-asset broker with brilliant research and a superb trading platform experience – as well as a stunning selection of over 40,000 securities.
| Feature |
Saxo
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VT Markets
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| Trust Score | 99 | 70 |
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Saxo vs VT Markets: both online brokers do not allow buying actual (delivered) cryptocurrencies, but each offers cryptocurrency CFD trading.
Compared with VT Markets, Saxo supports bank wire deposits and withdrawals but not ACH/SEPA, PayPal, or Skrill; VT Markets likewise does not support ACH/SEPA, and its support for PayPal, Skrill, Visa/Mastercard, and bank wires is not specified, while Visa/Mastercard support for Saxo is also unspecified.
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 | Saxo | VT Markets | |
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| Trust Score | 99 | 70 | |
| Winner | check_circle | ||
| Review | Saxo Review | VT Markets Review |
| Broker Screenshots | Saxo | VT Markets | |
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| Regulation | Saxo | VT Markets | |
|---|---|---|---|
| Trust Score | 99 | 70 | |
| Year Founded | 1992 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Saxo | VT Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| 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) | Saxo | VT Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Saxo | VT Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 70000 | 1000 | |
| Forex Pairs (Total) | 190 | 39 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | 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 | Saxo | VT Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.1 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.9 | 0.8 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Saxo | VT Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Saxo | VT Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Saxo | VT Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 64 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Saxo | VT Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 64 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Saxo | VT Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Saxo | VT Markets | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Saxo | 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 | Saxo Review | VT Markets Review |
| Overall | Saxo | VT Markets | |
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| Trust Score | 99 | 70 | |
| Winner | check_circle | ||
| Review | Saxo Review | VT Markets Review |
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