VT Markets vs IFC Markets 2024

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).

IFC Markets is not publicly traded and does not operate a bank. IFC Markets is authorised by zero Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). IFC Markets is authorised by the following tier-1 regulators: BVI Financial Services Commission (FSC).

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.

IFC Markets is a well-established broker that has been in operation for 17 years. Forex traders at ICF Markets gain access to multiple trading platforms, a growing range of tradeable markets, and a balanced offering of research and educational content. However, IFC Markets’ Trust Score suffers due to the broker’s limited range of regulatory licenses.

To open a trading account with VT Markets, you'll need to make an initial minimum deposit of $100.

IFC Markets requires a minimum deposit of $1 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. VT Markets offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw) for banking, whereas IFC Markets provides Visa/Mastercard (Credit/Debit) and Bank Wire (Deposit/Withdraw). Neither have PayPal (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that VT Markets offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that VT Markets holds 1 global Tier-1 licenses, while IFC Markets holds 0. VT Markets holds 1 global Tier-2 licenses, while IFC Markets holds 0.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that VT Markets (70) earned a higher Trust Score than IFC Markets (67).

To compare the trading platforms of both VT Markets and IFC Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IFC Markets offers a better experience. With research, VT Markets offers superior market research. Finally, we found VT Markets to provide better mobile trading apps.

Here’s what trading platforms are available at VT Markets:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - Yes

Here’s what trading platforms are available at IFC Markets:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both VT Markets and IFC Markets offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. VT Markets and IFC Markets both offer copy trading.

IFC Markets provides traders 49 currency pairs (e.g., EUR/USD) compared to VT Markets's 39 available pairs. If you are interested in trading CFDs, VT Markets offers traders access to 1000 CFDs, while IFC Markets offers access to 630 CFDs; so VT Markets offers 370 more CFDs than IFC Markets.

We found in our testing that VT Markets offers a more diverse selection of investment options than IFC Markets, allowing you to trade both brokers allow traders to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Int'l Stock Trading (Non CFD), Cryptocurrency (Derivative) and Social Trading / Copy Trading. Neither have Cryptocurrency (Physical) and Spread Betting.