VT Markets vs Spreadex 2023

VT Markets has a trust score of 71, giving it a "Average Risk" trust label. Here's what each trust score label means:

• "Highly Trusted" (90-99) - These brokers are considered the most trustworthy firms in the industry. Simply put, we would not hesitate to open and fund an account with a Highly Trusted broker.
• "Trusted" (80-89) - These brokers are reliable and trustworthy. "Trusted" firms are a solid choice, and may simply hold fewer regulatory licences or feature different corporate structures than those brokers that have earned our top Trust Score rating.
• "Average Risk" (70-79) - Average Risk brokers are firms we generally consider to be safe, but that may warrant a closer inspection before you open and fund a live trading account. At the least, we always encourage traders to check the regulatory licenses for Average Risk firms to verify that they are regulated in their own country of residence.
• "High Risk" (60-69) - High-risk firms should be scrutinized and carefully reviewed before opening an account. These forex brokers are – in most cases – operating without credible regulatory licensing, and likely have a history of legal or financial issues. Before considering an account with a high-risk firm, we recommend checking our country guides for your country of residence to see if a more trusted broker is available.
• "Do Not Trust" (<59) - We do not recommend opening an account of any kind with a broker that earns a “Do Not Trust” rating.

Spreadex has a trust score of 70, giving it a "Average Risk" trust label.

VT Markets, backed by the Vantage Group, offers its own proprietary mobile app as well as the MetaTrader platform, along with support for third-party tools and social copy-trading. Though the broker continues to evolve, there are fewer markets to trade than what is available at the best brokers, and its research and educational materials are limited.

SpreadEx is best known for pioneering sports betting, but it also caters to financial trading through its FCA-regulated entity in the U.K. which offers a proprietary trading platform as well as a growing selection of markets. However, SpreadEx can't compete with the best forex brokers in certain key categories, such as education and research.

Tier-1 regulators go above and beyond by requiring additional capital requirements, checking in on brokers more frequently, and putting brokers through a tougher screening process. VT Markets is Australia (ASIC Authorised), while Spreadex is United Kingdom (U.K.) (FCA Authorised).. Neither have Canada (SRO Authorised), Hong Kong (SFC Authorised), CBI Authorised (Ireland), Japan (SFC Authorised), Singapore (MAS Authorised), New Zealand (FMA Authorised), Switzerland (FINMA Authorised) and USA (CFTC Authorized)

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, unfortunately, neither VT Markets nor Spreadex are China (CBRC Authorised), Cyprus (CySEC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised), South Africa (FSCA Authorised), Thailand (SEC Authorised) and UAE (DFSA/Central Bank Authorised).. Neither have UAE (DFSA/Central Bank Authorised). When comparing tier-3 licenses unfortunately, neither VT Markets nor Spreadex are Bahamas (SCB Authorised), Belize (FSC Authorised), Bermuda (BMA Authorised), British Virgin Islands (FSC Authorised), Cayman Islands (CIMA Authorised), Mauritius (FSC Authorised) and Vanuatu (VFSC Authorised).. Neither have Vanuatu (VFSC Authorised).

For trading platforms VT Markets supports a Desktop Platform (Windows) and ZuluTrade, whereas Spreadex supports a Proprietary Platform.. Neither have cTrader and DupliTrade

For MetaTrader VT Markets provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Spreadex provides neither of these. If MetaTrader is a must for you, read our guides on the best MT4 brokers or best MT5 brokers.

VT Markets requires a minimum deposit of $200, while Spreadex requires a minimum deposit of $0. From our testing we found VT Markets offers spreads of 1.2, while Spreadex offers spreads of N/A. VT Markets supports Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit) and Skrill (Deposit/Withdraw) for popular funding options, where Spreadex supports Bank Wire (Deposit/Withdraw) and Visa/Mastercard (Credit/Debit).. Neither have PayPal (Deposit/Withdraw)

VT Markets offers a more diverse selection of investment options than Spreadex allowing you to trade Forex Trading (Spot or CFDs), Social Trading / Copy Trading, Metals, Energies, Agriculturals and U.S. Stocks (CFD). Looking at total tradeable symbols, VT Markets has 168, compared to 2000 from Spreadex.

Crypto trading is popular with forex traders. Most crypto assets are offered either as the underlying physical asset or as a CFD or other derivative — including spot forex contracts. In terms of trading physical cryptocurrency neither VT Markets nor Spreadex allow you to trade physical cryptocurrencies.

In terms of research and research tools VT Markets gives traders the following tools: Daily Market Commentary, Stock Charts, Forex News (Top-Tier Sources), Trading Central (Recognia) and Social Trading / Copy Trading. In comparison Spreadex has the tools listed here: Daily Market Commentary, Stock Charts and Forex News (Top-Tier Sources).. Neither have Autochartist

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