Page Summary
Interactive Brokers and VT Markets are leading online brokers with top-tier licenses. Interactive Brokers is regulated by the IIROC, FINMA, FSA, FCA, SFC, MAS, and CFTC. It offers an excellent proprietary platform, and a premium mobile app. Interactive Brokers is a good choice for professional investors because of its premium platforms.
VT Markets is a MetaTrader4 broker with tools from Trading Central. It has licenses from the ASIC and FCA. VT Markets stands out because of its comprehensive learning center. We recommend it for traders at all levels who want to improve their trading knowledge.
Both brokers have strengths and weaknesses. This article discusses the differences between Interactive Brokers and VT Markets.
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Interactive Brokers
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.
VT Markets
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:20 | 500:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | $20 |
| Deposit Fee | 1% | 0 |
| Inactivity Fee | 0 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.2 pips + 0.08 to 0.20 bps times trade size comission | 0.2 pips |
| Stocks & ETF | $ 0.005 per share | 0.1 pips |
| CFD (Gold) | 0.02% | 0.1 pips |
| Crypto | 0.12% to 0.18% of trade value | 0 |
| Options | 0 | |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees | Yes on CFD’s |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $0 | $100 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | YES from US bank account | |
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 16.500 | 0 |
| ETF & Funds | 35.000 | 0 |
| Crypto | 4 | 0 |
| Commodities | 1 | 0 |
| Indices | 3052 | 0 |
| Options | 50.000 | 0 |
| Futures | 245 | 0 |
| Bonds | 1.000.000 | 0 |
| Forex Instruments | 115 | 40 |
| CFD Indices & Funds | 13 | 18 |
| CFD Stocks | 8.000 | 121 |
| CFD Commodities | 2 | 9 |
| CFD Crypto | 0 | 16 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Top findings from the Interactive Brokers vs. VT Markets review:
- Interactive Brokers is a leading brokerage firm with professional tools and platforms.
- VT Markets is a leading online broker with an excellent learning center for new traders.
- Both brokers offer a virtual trading account to test their offering.
We recommend Interactive Brokers to experienced active traders as it has premium services. VT Markets is a better fit for beginners because of its dedicated learning center.
Level of experience
Interactive Brokers has standard research tools, including Trading Central. Its platforms and tools match industry standards. This broker offers a premium trading experience, which is why we recommend it for advanced traders.
VT Markets is an online broker with useful educational and research tools. It offers access to Trading Central and an investor dictionary. This broker offers a demo account and provides access to ZuluTrade. The dedicated learning center is invaluable for beginning traders.
Fees
The minimum initial deposit at VT Markets is $200, while Interactive Brokers doesn’t charge an initial fee. Both brokers follow a transparent fee policy.
Assets
Interactive Brokers offers 105 forex currency pairs, while VT Markets has 38 available pairs. Interactive Brokers provides access to 7400 CFDs, while VT Markets has 129 available CFDs.
Trading platform
Interactive Brokers has premium tools and services. These come with useful research tools and a virtual trading account. It has some useful educational materials, including advanced trading videos. It is a good fit for professionals.
VT Markets is an online broker with the MT4 suite. It has a dedicated learning center with a demo account. We recommend VT Markets for new investors as it has impressive tools and easy-to-learn features.
Banking services
Banking services contribute to a seamless online trading experience. VT Markets has many funding solutions, including bank transfers, credit/debit cards, and Skrill.
Final verdict
Interactive Brokers and VT Markets are leading online brokers. Both have advantages and disadvantages depending on your trading knowledge and experience. Professionals prefer the premium services available at Interactive Brokers. VT Markets is a good choice for new investors as it offers useful learning materials.
Interactive Brokers compared to other brokers: