Written by ForexBrokers.com
In this head to head comparison of VT Markets vs TopFX, 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.
Founded in 2016, VT Markets holds a Tier-1 license, granting it a level of high trust, and a Tier-2 license, marking it as trusted. Despite not being publicly traded or a bank, VT Markets manages a Trust Score of 70 out of 99 according to ForexBrokers.com, placing it in the average risk category. This regulatory footing offers VT Markets a reliable foundation for its clients, making it a viable option for those seeking a balanced approach to online trading.
TopFX, which began operations in 2010, also possesses a Tier-1 license but lacks a Tier-2 license. This setup provides it with significant trust accorded by its high-tier license, yet its trust score from ForexBrokers.com is slightly lower at 67, still falling within the average risk range. While it shares some regulatory similarities with VT Markets, TopFX offers its own unique offerings in the trading world, also operating outside of being publicly traded or as a bank.
| Feature |
VT Markets
|
TopFX
|
|---|---|---|
| Year Founded | 2016 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
VT Markets and TopFX both split their pricing between a commission-based account and a commission-free option. VT Markets offers a Raw ECN account (commission + tighter spreads) and a Standard STP account (commission-free with wider spreads), with a $100 minimum deposit for either. TopFX provides the RAW account (commission-based) and the ZERO account (spread-only), with the minimum deposit varying by payment method. For commissions and fees, VT Markets is rated 4.5/5 stars and ranked #21 out of 63 brokers, while TopFX is rated 4/5 stars and ranked #41 out of 63.
If you prefer a commission-based setup, the all-in cost on EUR/USD is slightly lower at VT Markets based on the figures available: about 0.83 pips on the Raw ECN account (0.6-pip round-turn commission plus a 0.23-pip average spread, Sep 2021). TopFX’s RAW account averaged roughly 0.88 pips in July 2024 (0.33-pip spread plus a commission equivalent of 0.55 pips per round turn). These results are close and time periods differ, but on paper VT Markets edges out by a small margin for EUR/USD.
If you want commission-free pricing, TopFX’s ZERO account averaged 1.03 pips on EUR/USD in July 2024, which is leaner than VT Markets’ Standard STP typical spread of 1.2 pips. In short: VT Markets can be a touch cheaper for commission-based trading, while TopFX can be more attractive for commission-free spreads. Both line up near industry norms.
| Feature |
VT Markets
|
TopFX
|
|---|---|---|
| Minimum Deposit | $100 | Depends on payment method |
| Average spread (EUR/USD) - Standard account | 1.2 | 1.03 |
| All-in Cost EUR/USD - Active | 0.8 | 0.88 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
VT Markets vs TopFX: both brokers support forex trading as CFDs or spot contracts and include copy trading. VT Markets lists 1,000 tradeable symbols with 39 forex pairs, while TopFX offers 655 symbols but a larger 60 forex pairs. Neither lets you buy U.S.-listed exchange-traded stocks like Apple directly, and neither sells delivered crypto; however, both provide cryptocurrency CFDs. A key difference: VT Markets also offers access to some international exchange-traded securities, whereas TopFX does not.
For range of investments, both earn 3.5 out of 5 stars. In ForexBrokers.com’s rankings, VT Markets places #40 of 63 and TopFX ranks #47. In short, VT Markets is better if you want a larger overall market list and the option to trade certain international shares, while TopFX may appeal if you prioritize having more forex pairs to choose from.
| Feature |
VT Markets
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 655 |
| Forex Pairs (Total) | 39 | 60 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| 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.
VT Markets and TopFX both check the key boxes for platform access and ease of use. Each broker offers a free demo account for paper trading, plus Windows desktop and web-based platforms. Both support MetaTrader 4 (MT4) and enable copy trading as well as trading directly from charts. A notable difference: VT Markets also offers MetaTrader 5 (MT5), while TopFX does not. Neither broker provides a proprietary, in-house platform, so the experience centers on third-party tools like MT4 (and MT5 for VT Markets).
When it comes to platform quality, both earn 4 out of 5 stars for Trading Platforms and Tools. In ForexBrokers.com’s rankings, TopFX lands slightly ahead at 46th out of 63 brokers, while VT Markets is 48th. Specific counts for built-in technical indicators and watchlist columns are not disclosed for either broker. If you value MT5 access, VT Markets has the edge; if rankings matter more to you, TopFX holds a small lead.
| Feature |
VT Markets
|
TopFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Looking at mobile trading apps, VT Markets and TopFX check many of the same boxes. Both offer iPhone and Android apps, price alerts for stocks or forex, 30 technical studies for charting, and the ability to draw trendlines. Neither app supports watchlist symbol syncing across mobile and web, so changes made in one place won’t carry over to the other.
The key difference is chart annotations: TopFX auto-saves your drawings, while VT Markets does not. Both earn 4 out of 5 stars for their mobile apps. However, VT Markets holds a higher placement in ForexBrokers.com’s Mobile Trading Apps rankings (#45 out of 63) compared with TopFX (#52 out of 63). If auto-saving chart drawings matters to you, TopFX has the edge; if industry ranking sways your choice, VT Markets is the pick.
| Feature |
VT Markets
|
TopFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research at VT Markets and TopFX, VT Markets stands out for offering daily market commentary, while TopFX does not. Both brokers stream forex news from top-tier sources and provide Trading Central tools, sentiment indicators, and an economic calendar. TopFX adds Autochartist for pattern recognition, which VT Markets lacks. Based on our data, neither broker is noted for TipRanks or Acuity Trading integrations.
For overall research quality, VT Markets earns 3.5 out of 5 stars and ranks 37th out of 63 brokers at ForexBrokers.com. TopFX scores 3 out of 5 stars and ranks 61st. If you want daily insights along with mainstream tools, VT Markets has the edge; if you value Autochartist specifically, TopFX may appeal.
| Feature |
VT Markets
|
TopFX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | ||
| Acuity Trading | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
If you’re a new trader choosing between VT Markets and TopFX, their education for beginners isn’t equal. VT Markets offers a stronger starting point with at least 10 beginner-focused videos that explain forex and CFD basics. TopFX does not meet that beginner video count, which can make it harder to find structured, entry-level guidance. For learners who prefer short, step-by-step videos, VT Markets is the more practical pick.
Neither broker runs monthly client webinars, and neither provides 10 or more advanced videos for experienced traders. Independent ratings echo this picture: ForexBrokers.com scores VT Markets 3.5 out of 5 stars for Education (ranked 56th of 63) and TopFX 3 out of 5 stars (ranked 62nd of 63). Overall, both offer limited education, but VT Markets edges out TopFX for beginners thanks to its larger set of beginner videos.
| Feature |
VT Markets
|
TopFX
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that VT Markets is better than TopFX. VT Markets finished with an overall rank of #44, while TopFX finished with an overall rank of #62.
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.
| Feature |
VT Markets
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TopFX
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|---|---|---|
| Overall Rating |
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| Trust Score | 70 | 67 |
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VT Markets vs TopFX: neither broker allows buying actual (delivered) cryptocurrencies (no spot crypto), but both support trading cryptocurrency CFDs.
Comparing VT Markets vs TopFX for funding and withdrawals: neither supports ACH or SEPA, both support Skrill and bank wire transfers, only TopFX accepts PayPal (VT Markets does not), and Visa/Mastercard availability is not specified for either broker.
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 | VT Markets | TopFX | |
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| Trust Score | 70 | 67 | |
| Winner | check_circle | ||
| Review | VT Markets Review | TopFX Review |
| Broker Screenshots | VT Markets | TopFX | |
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| Regulation | VT Markets | TopFX | |
|---|---|---|---|
| Trust Score | 70 | 67 | |
| Year Founded | 2016 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | VT Markets | TopFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| 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) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | VT Markets | TopFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | VT Markets | TopFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 655 | |
| Forex Pairs (Total) | 39 | 60 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| 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 | VT Markets | TopFX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.2 | 1.03 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.88 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | VT Markets | TopFX | |
|---|---|---|---|
| Minimum Deposit | $100 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | VT Markets | TopFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | Yes |
| Trading Tools | VT Markets | TopFX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | VT Markets | TopFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | VT Markets | TopFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | |||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | VT Markets | TopFX | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | VT Markets | TopFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | VT Markets Review | TopFX Review |
| Overall | VT Markets | TopFX | |
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| Trust Score | 70 | 67 | |
| Winner | check_circle | ||
| Review | VT Markets Review | TopFX Review |
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