Updated September 29, 2026 · BrokerCue Editorial Team
FP Markets vs VT Markets
What sets them apart
| Compare |  FP Markets |  VT Markets |
|---|---|---|
| Minimum deposit | A$100 | $100 |
| Markets | Forex, CFDs | Stocks, ETFs, Forex, CFDs, CryptoCovers more |
| Regulators | ASIC, SIPC | ASIC, FSCA, SIPCCovers more |
| Retail accounts that lose money | 72.5% | 74% to 89% |
| Deposit and withdrawal fees | Not confirmed | zero fees on deposits and withdrawals |
| Platforms | Not confirmed | MT4, MT5, TradingView, VT Markets App |
| Maximum retail leverage | Not confirmed | 1:500 |
Same on both: Investor protection (SIPC up to USD 500,000).
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Key differences
- Regulators: only VT Markets offers FSCA.
- VT Markets is licensed in 1 more country.
- Markets: only VT Markets offers Stocks, ETFs, Crypto.
Our verdict on each
FP Markets
FP Markets suits traders who want a regulated broker with a real protection scheme behind the money, not the lowest entry cost. It is regulated in Australia and the US, and the US entity carries SIPC cover of SIPC up to USD 500,000. The catch is the entry hurdle: a minimum deposit of AUD 100.
VT Markets
VT Markets suits traders who want a single account across stocks, etfs and forex, with zero fees on deposits and withdrawals, regulation by ASIC, FSCA and SIPC and a demo account, copy trading and a mobile app. The catch: the minimum deposit is $100, and retail accounts that lose money run 74% to 89% here.
Score breakdown
| Area | FP Markets | VT Markets |
|---|---|---|
| Cost | 8.6Higher | 8.5 |
| Offer | 8.6 | 9.6Higher |
| Trust | 9.5Higher | 9.2 |
Positions in our rankings
| Ranking | FP Markets | VT Markets |
|---|---|---|
| Forex brokers | 59 of 147 | 67 of 147 |
| Low-spread forex brokers | 57 of 145 | 65 of 145 |
| CFD brokers | 49 of 122 | 56 of 122 |
Feature by feature
| Markets | FP Markets | VT Markets |
|---|---|---|
| Stocks | No | Yes |
| ETFs | No | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Crypto | No | Yes |
Licences and countries
| Country | FP Markets | VT Markets |
|---|---|---|
| Australia | ASIC 428901 | |
| United States | SIPC SIPC member 71021 | SIPC SIPC member 71021 |
| South Africa | Not confirmed | FSCA 50865 |
Which one suits you
Pick FP Markets if trust matter most.
Pick VT Markets if offer, markets, and regulators matter most.
Where these facts come from
FP Markets
- brokerchooser.com: 2 facts, checked September 26, 2026
- sipc.org: 2 facts, checked September 26, 2026
- fxscouts.ng: 1 fact, checked September 26, 2026
- leadiq.com: 1 fact, checked September 26, 2026
VT Markets
- brokeranalysis.com: 2 facts, checked September 26, 2026
- brokerchooser.com: 2 facts, checked September 26, 2026
- fxleaders.com: 2 facts, checked September 26, 2026
- sipc.org: 2 facts, checked September 26, 2026
- dailyforex.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | FP Markets | VT Markets |
|---|---|---|
| Features | Not confirmed | Demo account, Copy trading, Mobile app, Crypto |
| Legal entity | RB INTERNATIONAL MARKETS (USA) LLC | RB INTERNATIONAL MARKETS (USA) LLC |
| Headquarters | Not confirmed | Australia |
| Founded | Not confirmed | 2015 |
Where each stands against the rest
| Fact | FP Markets | VT Markets | Median |
|---|---|---|---|
| Retail accounts that lose money | 72.5%above the median | 74% to 89%above the median | 72.05% |
Median across 47 listed brokers.
Pros and cons
FP Markets
Pros
- Regulated in Australia and the US, with the US entity covered by SIPC up to USD 500,000.
- A single, named legal entity, RB INTERNATIONAL MARKETS (USA) LLC, holds the SIPC membership, licence SIPC member 71021.
- A focused product: forex and cfds, without a wider asset mix to learn.
Cons
- The minimum deposit of AUD 100 is well above the site median of €4.64.
- A limited market list, forex and cfds, so it does not cover shares, ETFs or crypto.
- The cost score is 3.1, one of the weaker parts of the profile.
VT Markets
Pros
- Deposits and withdrawals carry zero fees on deposits and withdrawals.
- A single account covers stocks, etfs and forex, so forex, CFDs, equities and crypto share one login.
- Regulation by ASIC, FSCA and SIPC, with investor protection stated as SIPC up to USD 500,000.
Cons
- The minimum deposit of $100 sits above the site median of €4.64, ranking 148 of 213 on that measure.
- Retail accounts that lose money run 74% to 89%, above the site median of 70.15%.
- Retail leverage of 1:500 magnifies losses as readily as gains, so position sizing matters more here than elsewhere.
Who each suits
FP Markets
Who it suits
- Traders who weight regulator and protection scheme above a low starting amount
- Anyone happy to trade a single market pair of products, forex and cfds
- US clients who want the SIPC scheme, SIPC up to USD 500,000, behind the account
Who should look elsewhere
- Small starters, who will find AUD 100 a high way in
- Investors wanting shares, ETFs or crypto, since forex and cfds covers neither
- eToro users who want a much wider asset list, stocks, etfs and forex
VT Markets
Who it suits
- Traders holding several asset classes who want forex, CFDs, equities and crypto under a single login.
- Anyone who puts a regulated broker and a stated protection scheme above a low headline deposit.
- Copy traders and app traders, since demo account, copy trading and mobile app and MT4, MT5 and TradingView are both offered.
Who should look elsewhere
- CFI, whose minimum deposit is $0, if you want to start with a small balance.
- Vantage, asking $5 to open an account, suits a lighter starting balance.
- eToro, whose markets list of stocks, etfs and forex adds futures to the range offered here.
Questions about each
FP Markets
What is the minimum deposit at FP Markets?+
The minimum deposit is AUD 100. That is a high way in, and it sits well above the site median of €4.64. Anyone starting with a small amount should look at a broker with a lower entry figure before committing.
Is my money protected at FP Markets?+
The US-facing entity, RB INTERNATIONAL MARKETS (USA) LLC, is covered by SIPC up to USD 500,000. That protection belongs to the US entity, so clients of other entities in the group should check which scheme applies to them before depositing.
VT Markets
What is the minimum deposit at VT Markets?+
The listed minimum is $100. That is well above the site median of €4.64, and it leaves the broker ranked 148 of 213 on this measure. CFI opens at $0 and Vantage at $5, so smaller balances point elsewhere.
What do deposits and withdrawals cost?+
Deposits and withdrawals carry zero fees on deposits and withdrawals. That removes a steady drip of small charges from the account, which matters more over time than a single low trade price. It applies to the account rather than to a particular payment method.