VT Markets vs TeleTrade Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare VT Markets vs TeleTrade.
Does VT Markets or TeleTrade offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, VT Markets offers better pricing overall for traders.
Is VT Markets or TeleTrade safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both VT Markets and TeleTrade hold 1 global Tier-1 licenses. VT Markets holds 1 global Tier-2 licenses, while TeleTrade holds 0. In our analysis of 23 international regulators across 50 brokers, VT Markets and TeleTrade earned the same Trust Score.
Which trading platform is better: VT Markets or TeleTrade?
To compare the trading platforms of both VT Markets and TeleTrade, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, VT Markets offers a better experience. With research, VT Markets offers superior market research. Finally, we found TeleTrade to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both VT Markets and TeleTrade offer MetaTrader 4 (MT4).VT Markets and TeleTrade both offer copy trading.
How many forex pairs and CFDs are available to trade?
TeleTrade provides traders 61 currency pairs (e.g., EUR/USD) compared to VT Markets's 39 available pairs. Forex pairs aside, TeleTrade offers traders access to 500 CFDs while VT Markets has 168 available CFDs, a difference of 332.
Can I trust VT Markets?
VT Markets is not publicly traded and does not operate a bank. VT Markets is authorised by one tier-1 regulator (highly trusted), one tier-2 regulator (trusted), zero tier-3 regulators (average risk), and zero tier-4 regulators (high risk). VT Markets (through its parent company) is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
Can I trust TeleTrade?
TeleTrade is not publicly traded and does not operate a bank. TeleTrade is authorised by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulator (Average Risk), and zero Tier-4 regulators (High Risk). TeleTrade is authorised by the following tier-1 regulator: European Union Authorized (MiFID).
Is VT Markets good?
VT Markets benefits from being part of the Vantage Group of companies, and provides access to the MetaTrader suite of platforms as well as its own VT Pro trading app.
Is TeleTrade good?
TeleTrade was an early pioneer of mobile apps for finance, then became a forex and CFD broker, now offering the MetaTrader platform. With just one regulatory license, Teletrade has a lower Trust Score than more established forex brokers.
Overall winner: VT Markets
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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.