VT Markets vs Switch Markets

VT Markets or Switch Markets – which is better for UK traders 2026? Compare VT Markets and Switch Markets in this detailed breakdown of their platforms, features and fees.

VT Markets vs Switch Markets Comparison Table 2026
VT Markets Switch Markets
rating empty
rating full
4.2
rating empty
rating full
4.2
VT Markets is ranked #36 among CFD brokers. Switch Markets is ranked #43 among CFD brokers.
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. Switch Markets is a CFD brokerage offering diverse assets. It provides MT4 and MT5 platforms, thousands of instruments, and tools like copy trading and premium VPS hosting.
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.
  • Switch Markets provides exceptional trading tools: a market sentiment heatmap, an economic calendar, various trading calculators, and a new AI-driven trading assistant.
  • Gain free access to MarketMovers' educational materials, market insights, and personalised coaching—benefits rarely offered by other brokers.
  • Traders can use MetaTrader's Trading Signals for copy trading, allowing them to replicate expert positions instantly.
  • Switch Markets has enhanced its portfolio with additional instruments and streamlined account structures. It provides a strong infrastructure for algorithmic traders, including a complimentary premium VPS for eligible participants.
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.
  • The global company is offshore-registered with the VFSC, a low-tier regulator offering limited client financial protections.
  • Our analysis shows that Standard account holders face average spreads of 1.5 pips on EUR/USD, which are not the most competitive.
  • The broker exclusively uses MetaTrader, lacking proprietary software or trading apps.
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
  • Best MT4 & MT5 Trading Platform EMEA 2024, Brands Review Magazine
  • Best Multi-Asset Broker MENA 2024, International Business Magazine
  • Most Reliable Trading Platform MENA 2024, International Business Magazine
  • Most Transparent Forex Broker MENA 2024, International Business Magazine
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Commodities, Stocks, Indices Forex, Commodities, Indices, ETFs, Shares, Crypto
Demo Account
Yes Yes
Minimum Deposit
50 - 500 USD $50
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, FSCA, FSC VFSC
Mobile Apps
iOS & Android iOS & Android
Trading App
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.
iOS App Rating
rating empty
rating full
4.6
rating empty
rating full
4.8
Android App Rating
rating empty
rating full
4.3
rating empty
rating full
4.6
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 No
ECN Account
Yes No
DMA Account
No No
MAM Account
Yes Yes
PAMM Account
Yes Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
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 Yes
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. Switch Markets provides cost-effective copy trading through the MetaTrader platform.
Social Trading
Yes Yes
Trade Signals
Yes MT4
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 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • CHF
Commodities
  • Silver
  • Gold
  • Natural Gas
  • Oil
  • Copper
  • Cocoa
  • Coffee
  • Cotton
  • Sugar
  • Orange Juice
  • Gold
  • Silver
  • Oil
  • Natural Gas
  • Copper
  • Palladium
  • Platinum
  • Precious Metals
  • Cotton
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. Switch Markets provides numerous CFD instruments with rapid order execution averaging 76 ms. Commissions are competitive at $7 per round turn for Pro accounts. Unique support features include over 20 trading calculators, a free journal, and coaching.
Leverage
1:500 1:30 (EU), 1:1000 (Global)
FTSE Spread
From 40 1.2
GBPUSD Spread<
0.4 pips 0.5
Oil Spread
From 16 2.0
Stocks Spread
Variable Variable
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. The offering of over 60 major, minor, and exotic currency pairs is quite competitive, particularly with Pro account spreads starting at 0 pips. Seasoned traders can utilise VPS hosting and Expert Advisors to execute algorithmic trading strategies efficiently.
Assets
40+ 60+
GBPUSD Spread
0.4 pips 0.5
EURUSD Spread
0.4 pips 0.1
EURGBP Spread
1.4 pips 0.6
Cryptocurrency
Switch Markets now offers over 60 crypto CFDs, a significant increase from the original 6. This expanded range includes both major cryptocurrencies and altcoins. Users can deposit and withdraw using BTC, ETH, XRP, USDT, and USDTRC20, appealing to traders focused on crypto.
Spread
Variable
Coins
  • BTC
  • BTC
  • XMR
  • ETH
  • LTC
  • ETH
  • NEAR
  • ZEC
  • LNK
  • APE
  • DOG
  • RIP
  • RIP
  • ONE
  • BNB
  • DSH
  • AVE
  • SHB
  • BCC
  • ETC
  • ADA
  • VET
  • XTZ
  • SOL
  • CHZ
  • NEO
  • BSV
  • IOTA
  • ATO
  • UNI
  • COMP
  • BAND
  • FTM
  • DOT
  • ALG
  • MEL
  • XLM
  • THT
  • POL
  • SND
  • TRX
  • SUSHI
  • QTUM
  • ICP
  • CELO
  • SNX
  • ALICE
  • KAVA
  • AVX
  • TRP
  • KSM
  • YFI
  • CKE
  • MNA
  • EOS
  • FIL
  • 1INCH
  • DEFI
  • EGLD
  • WAV
  • AXS
  • XEM
  • ENS
  • KNC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
VT Markets Switch Markets
More Comparisons
VT Markets
vs

Switch Markets
vs