VT Markets or FXTM – which is better for UK traders 2025? Compare VT Markets and FXTM in this detailed breakdown of their platforms, features and fees.
Established in 2015, VT Markets is a leading Australian multi-asset CFD broker. Offering over 1,000 trading instruments, it supports both MetaTrader 4 and MetaTrader 5 platforms. With these resources, VT Markets provides extensive trading opportunities to more than 400,000 clients globally. It operates under the regulation of ASIC, FSCA, and FSC.
FXTM, founded in 2011, is a forex and CFD broker operating worldwide. Regulated by top authorities such as the FCA, it provides a secure trading environment. With over 1,000 markets and three account types, FXTM accommodates traders of all experience levels.
Pros
Traders have access to various analytical tools from trusted sources, such as the Market Buzz AI by Trading Central and a personalised economic calendar.
The top-tier MetaTrader 4 and 5 platforms are available, providing sophisticated charting tools and access to Expert Advisors (EAs).
Spreads are highly competitive, tested at 0.2 pips for EUR/USD in the ECN account, comparable to leading firms such as Pepperstone.
A broad selection of payment options is available, such as bank transfers, credit cards, and e-wallets. Additionally, clients can select from five base currencies.
VT Markets provides complimentary 90-day demo accounts, enabling traders to rigorously assess their short-term strategies.
VTrade offers a proprietary trading service accessible on two platforms, connecting you with over 100 providers.
FXTM’s UK division provides exceptional client safeguards, including top-tier coverage of up to $1 million per client and segregated accounts, reinforcing security for traders with substantial balances.
FXTM stands out as a leading MetaTrader brokerage, offering custom MT4 tools like a Pivot Point Indicator, Pip Value Calculator, and Spread Indicator for more accurate trading.
FXTM offers an impressive selection of payment options, with a focus on local solutions in Africa and Asia such as M-Pesa and TC Pay Wallet. E-wallet withdrawals are processed rapidly, often within 30 minutes, accommodating traders needing swift fund access.
FXTM’s Advantage and Advantage Plus accounts provide tight spreads starting at 0.0 pips and charge low or zero commissions, tailored for traders aiming to reduce expenses.
Cons
The broker's bonus programmes have strict conditions, including limits on minimum deposits and acceptable payment methods.
Unlike peers such as Fusion Markets, VT Markets lacks cryptocurrency trading options.
FXTM is well-regulated in the UK, but this coverage isn't global. Therefore, although negative balance protection is available, traders outside the UK might face limited options for resolving disputes.
FXTM's educational resources, including its insightful e-books, have significantly improved. However, these materials are predominantly aimed at novices, which may not attract seasoned traders.
FXTM provides only MetaTrader 4/5 for desktop trading, lacking a bespoke platform such as eToro's for a tailored experience. MetaTrader 4/5 is becoming outdated for active traders.
FXTM specialises in CFDs and a select range of stocks but does not offer ETFs, options, or futures. This may restrict diversification for traders aiming to explore various market opportunities.
FXTM imposes a $10 inactivity fee following just three months without trading. This is shorter than the period many brokers offer and might frustrate those who do not trade regularly.
FXTM Invest, a user-friendly copy trading app, offered comprehensive performance statistics and risk assessments for Strategy Managers. However, it was discontinued in 2024, restricting passive traders' options.
Awards
Most Accessible Trading Brokerage 2024, Acquisition International
Fastest Growing Multi Asset Broker Europe 2024, Cosmopolitan The Daily Business Awards
Best Online Trading Services 2024, ADVFN International Financial Awards
Best Forex CFD Broker UAE 2024, Global Business Magazine
Best Multi-Asset Broker MENA 2024, Global Business Review Award Magazine
Fastest Growing Broker Europe 2024, Global Business Review Award Magazine
Most Transparent Forex Broker LATAM 2024, Global Business Review Award Magazine
Best Forex Demo Account UAE 2024, World Business Outlook Magazine
Best Forex Customer Service Broker UAE 2024, World Business Outlook Magazine
Most Reliable Trading Platform MENA 2024, Brands Review Magazine
VT Markets provides a tailored app featuring over 230 assets, such as forex. Traders enjoy 24/5 customer support, a welcome deposit bonus, live market news, and seamless account management. The app is downloadable on Android and Apple devices.
FXTM offers an excellent mobile trading experience. It's swift, secure, and user-friendly, supporting MetaTrader 4 and 5. Enjoy real-time quotes, all execution types, and complete account management. The app's charting features are top-tier. Download now.
iOS App Rating
4.6
4.8
Android App Rating
4.3
4.4
Margin Trading
Yes
Yes
MetaTrader 4
Yes
Yes
MetaTrader 5
Yes
Yes
cTrader
No
No
AlgoTrader
No
No
OmniTrader
No
No
TradingView
No
No
Autochartist
No
No
eSignal
No
No
Trading Central
Yes
No
STP Account
Yes
Yes
ECN Account
Yes
Yes
DMA Account
No
No
MAM Account
Yes
Yes
PAMM Account
Yes
Yes
LAMM Account
No
No
Demat Account
No
No
AI / Machine Learning
No
No
Robo Advisor
No
No
Negative Balance Protection
Yes
Yes
Market Maker
No
Yes
P2P Trading
No
No
Spot Trading
Yes
Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes
No
Copy Trading Platform
VT Markets provides trading through its unique VTrade service. Traders can select from over 100 strategies on an easy-to-use platform. Strategy providers also have the opportunity to increase their earnings via the rebate programme.
Social Trading
Yes
No
Trade Signals
Yes
Yes
VPS Hosting
No
Yes
Tournaments
No
No
Demo Competitions
No
No
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
No
Inactivity Fee
$0
$10
Islamic Account
Yes
Yes
Account Currencies
USD
EUR
GBP
CAD
AUD
USD
EUR
GBP
NGN
Commodities
Silver
Gold
Natural Gas
Oil
Copper
Cocoa
Coffee
Cotton
Sugar
Orange Juice
Gold
Silver
Natural Gas
Oil
Precious Metals
CFD
VT Markets provides access to over 1,000 CFDs, including currencies, stocks, indices, ETFs, and commodities. The MetaTrader platform features numerous technical tools and built-in market analysis services, with no limitations on short-term trading tactics.
FXTM provides CFDs in over 600 instruments, including forex, stocks, commodities, indices, and location-dependent crypto, with recently reduced spreads. Experienced traders can access industry-leading leverage of up to 1:3000 via Exinity Ltd, enhancing potential returns but requiring careful risk management.
Leverage
1:500
1:30
FTSE Spread
From 40
0.8
GBPUSD Spread<
0.4 pips
0.1
Oil Spread
From 16
5.0
Stocks Spread
Variable
0.1
Forex
VT Markets provides a decent range of over 40 forex pairs, offering leverage of up to 1:500. In the ECN account, forex spreads are very competitive, starting at 0.0 pips, whereas the Standard account has a slightly higher minimum spread of 1.2 pips when compared to Pepperstone or IC Markets.
FXTM excels with a robust offering of more than 60 currency pairs, outperforming rivals such as AvaTrade. Its six currency indices provide traders with excellent options for forex diversification. Additionally, the ECN account delivers ultra-competitive spreads from 0 pips on major currencies and features attractively low commission rates of only $3.50 per lot.
Assets
40+
60+
GBPUSD Spread
0.4 pips
0.1
EURUSD Spread
0.4 pips
0.0
EURGBP Spread
1.4 pips
0.0
Currency Indices
USD
EUR
GBP
JPY
AUD
NZD
Cryptocurrency
Trade cryptocurrency CFDs on 11 popular digital tokens like Bitcoin, Avalanche, and Dogecoin. Benefit from competitive floating spreads and low minimum lot sizes starting at 0.01, ideal for both new traders and seasoned investors.