Written by ForexBrokers.com
In this head to head comparison of Spreadex 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.
Spreadex, established in 1999, and VT Markets, which commenced operations in 2016, are both online brokers that cater to different levels of trading needs. Spreadex holds a single Tier-1 license, placing it in the "average risk" category with a Trust Score of 71 according to ForexBrokers.com. This score suggests that while it meets certain safety standards, potential clients should conduct thorough research before investing.
Founded in 2016, VT Markets also holds one Tier-1 license, making it comparable to Spreadex in terms of regulatory standing. It additionally possesses a Tier-2 license, which reflects a higher level of trust for some users. Despite this, its Trust Score is 70, placing it in the same "average risk" bracket as Spreadex. Neither Spreadex nor VT Markets are publicly traded companies or banks, which marks an important consideration for potential investors seeking transparency and added security.
| Feature |
Spreadex
|
VT Markets
|
|---|---|---|
| Year Founded | 1999 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
When examining the commissions and fees of online broker Spreadex, the average spread for EUR/USD was recorded at 0.81 pips in January 2024. Impressively, Spreadex managed to achieve a minimum spread of 0.6 pips 60% of the time during the month. This pricing structure contributes to Spreadex receiving a commendable 4-star rating, placing them at #27 out of 63 brokers in the Commissions and Fees category according to ForexBrokers.com.
VT Markets offers two types of accounts: the Raw ECN and the Standard STP. The Standard STP account is commission-free but typically features higher spreads, with an average spread of 1.2 pips for EUR/USD. On the other hand, the Raw ECN account includes a commission but maintains a more competitive effective spread of 0.83 pips. Both options require a minimum deposit of $100. VT Markets is rated at 4.5 stars for their flexible pricing, which secures their position at #20 among 63 brokers in the same category.
In comparison, while Spreadex offers slightly tighter spreads more consistently, VT Markets provides varied account choices that accommodate different trading preferences. VT Markets also edges ahead in terms of overall rating and ranking, offering a slightly enhanced trading fee structure, especially for traders who favor lower spreads with the Raw ECN account.
| Feature |
Spreadex
|
VT Markets
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 0.81 | 1.2 |
| All-in Cost EUR/USD - Active | N/A | 0.8 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | 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 available at Spreadex and VT Markets, both brokers offer forex trading as CFDs, providing a solid platform for currency trading enthusiasts. Spreadex shines with an impressive array of 10,000 tradeable symbols, far surpassing VT Markets' 1,000. For forex pairs specifically, Spreadex offers 52 pairs compared to VT Markets’ offering of 39, providing a broader selection for traders looking to diversify in the forex market. However, neither broker provides direct access to U.S. exchange-listed securities, such as Apple shares, though VT Markets takes the lead by allowing purchases on certain international exchanges, like the London Stock Exchange.
While both brokers offer cryptocurrency derivatives, neither allows clients to purchase actual cryptocurrencies. VT Markets distinguishes itself with its copy trading feature, enabling users to emulate successful trades, a feature unavailable with Spreadex. In terms of ratings, Spreadex stands out with a 5-star rating and ranks 13th out of 63 brokers for their range of investments by ForexBrokers.com, whereas VT Markets holds a 3.5-star rating and is ranked 39th. This positions Spreadex as the stronger choice for those seeking a wider variety of investment opportunities.
| Feature |
Spreadex
|
VT Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 1000 |
| Forex Pairs (Total) | 52 | 39 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | No | 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.
Spreadex and VT Markets both offer simulated trading with free virtual demo accounts, an essential feature for traders new to the platforms. Spreadex boasts a proprietary platform, providing users with a unique in-house trading interface, while VT Markets relies on well-known third-party platforms. Those preferring a downloadable Windows-based desktop platform will find VT Markets an accommodating choice, whereas Spreadex is better suited for traders comfortable with web-based access. Both brokers allow trading directly from stock charts, though VT Markets is favored by those looking for enhanced charting capabilities, providing more drawing tools compared to Spreadex.
For traders interested in copy trading, VT Markets provides this feature, which Spreadex does not. VT Markets also supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), popular platforms among forex traders, unlike Spreadex. In terms of watch list flexibility, Spreadex offers a slightly broader selection of columns for customization compared to VT Markets. Both brokers have garnered a commendable rating of four stars for their trading platforms and tools. Ranked closely by ForexBrokers.com, Spreadex sits at position #46, narrowly ahead of VT Markets at #47 out of 63 brokers in the trading platforms and tools category.
| Feature |
Spreadex
|
VT Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 58 | 15 |
| Charting - Drawing Tools (Total) | 11 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing mobile trading apps from Spreadex and VT Markets, both brokers offer apps compatible with iPhone and Android devices, complete with essential features like price alerts and the ability to draw trendlines on charts. While both apps allow users to view multiple time frames and create watchlists with real-time quotes, neither offers watchlist symbol syncing across devices or auto-saving of chart drawings. Both apps deliver solid user experiences, earning a 4-star rating for mobile trading.
However, VT Markets edges slightly ahead with its technical tools, offering 30 technical studies for charting within its app, compared to Spreadex's unspecified offerings. In a broader industry context, ForexBrokers.com ranks VT Markets at #44 out of 63 brokers in the Mobile Trading Apps category, whereas Spreadex takes the #46 spot. Both apps cater well to traders seeking fundamental features, with VT Markets offering more advanced technical analysis options.
| Feature |
Spreadex
|
VT Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | N/A | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
In the realm of market research, both Spreadex and VT Markets stand out by offering daily market commentary and forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones, ensuring traders are well-informed about current market conditions. Spreadex takes a slight edge with its integration of Autochartist tools, offering automated technical analysis, whereas VT Markets distinguishes itself with resources from Trading Central, providing enhanced technical analytics capabilities. When it comes to sentiment-based trading tools, both brokers excel by showing the ratio of long and short positions across various instruments, giving traders a comprehensive outlook on market sentiment.
Although neither Spreadex nor VT Markets offers research tools from companies like TipRanks or Acuity Trading, they both provide access to an economic calendar detailing global economic events, essential for strategic planning. In terms of ratings, Spreadex scores slightly higher with 4 stars for research compared to VT Markets' 3.5 stars, and is ranked #31 out of 63 brokers by ForexBrokers.com, surpassing VT Markets, which is positioned at #36. Ultimately, Spreadex and VT Markets cater to different trading needs, each bringing unique research capabilities to the table.
| Feature |
Spreadex
|
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.
When it comes to educational resources for beginners, both Spreadex and VT Markets offer a solid collection of materials focused on forex and CFD education. Each broker hosts more than ten educational pieces, such as articles and videos, dedicated to helping newcomers get a handle on trading concepts. The two platforms offer at least ten videos specifically created for beginners, which can be helpful for those just starting their investment journey. However, neither Spreadex nor VT Markets offers live educational webinars or a searchable archive of past webinars, which could be a downside for learners who prefer interactive or on-demand content.
Diving deeper, both Spreadex and VT Markets provide an investor dictionary with over 50 terms, a handy feature for beginners trying to make sense of trading jargon. Spreadex manages to set itself a little ahead in the education game with a 4-star rating, compared to VT Markets' 3.5 stars. According to ForexBrokers.com, Spreadex holds the 45th position out of 63 brokers in the education category, indicating a slightly better offering than VT Markets, which is ranked 55th. Overall, both brokers deliver key educational tools, but Spreadex has a slight edge in terms of rankings and ratings.
| Feature |
Spreadex
|
VT Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | 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 Spreadex is better than VT Markets. Spreadex finished with an overall rank of #39, while VT Markets finished with an overall rank of #44.
Spreadex is an FCA-regulated broker in the UK, offering forex and CFDs, and is well known for its sports betting business, and proprietary web trading platforms. Spreadex still has considerable room to improve, in key categories such as research and education, compared to the best forex brokers.
| Feature |
Spreadex
|
VT Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 70 |
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Both Spreadex and VT Markets enable investors to trade cryptocurrency derivatives, but neither platform offers the option to purchase actual (delivered) cryptocurrencies.
Spreadex and VT Markets do not support ACH, SEPA, or PayPal for deposits or withdrawals, but both accept Visa and Mastercard as well as bank wire transfers; however, only VT Markets offers the option to use Skrill for funding accounts.
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 | Spreadex | VT Markets | |
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| Trust Score | 71 | 70 | |
| Winner | check_circle | ||
| Review | Spreadex Review | VT Markets Review |
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| Regulation | Spreadex | VT Markets | |
|---|---|---|---|
| Trust Score | 71 | 70 | |
| Year Founded | 1999 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Spreadex | VT Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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). | No | No |
| Tier-2 Licenses (Trusted) | Spreadex | VT Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Spreadex | VT Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 1000 | |
| Forex Pairs (Total) | 52 | 39 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | No | 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 | Spreadex | VT Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.81 | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | 0.8 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Spreadex | VT Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Spreadex | VT Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Spreadex | VT Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 58 | 15 | |
| Charting - Drawing Tools (Total) | 11 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Spreadex | VT Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | N/A | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Spreadex | 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 | Spreadex | VT Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Spreadex | 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 | Spreadex Review | VT Markets Review |
| Overall | Spreadex | VT Markets | |
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| Trust Score | 71 | 70 | |
| Winner | check_circle | ||
| Review | Spreadex Review | VT Markets Review |
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