VT Markets Review

Founded in 2015, VT Markets is a reliable multi-asset broker offering access to global markets, including forex, indices, energy, precious metals, soft commodities, and CFDs on ETFs. The broker is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Conduct Authority (FSCA) in South Africa, and St. Vincent and the Grenadines Financial Services Authority (SVGFSA).

VT Markets offers two account types: Standard and Raw ECN. Both accounts require a minimum deposit of $100. Leverage is available up to 1:1000 based on the location of clients, and the commission on the Raw ECN account is $6, which is competitive compared to other brokers.

Traders have access to the trusted MetaTrader 4 and 5 platforms and the WebTrader and VT Markets App. The broker also offers a free demo account to practice with, and base currencies are available in USD, AUD, GBP, EUR, and CAD.

With 24/7 multi-lingual support, VT Markets is dedicated to providing excellent customer service. There are no fees for deposits or withdrawals and no inactivity fees either. This makes it very cost-effective to trade with this broker.

Broker safety details

Being regulated by multiple authorities, VT Markets adheres to strict financial regulations and the highest client safety standards. All client funds are held separately from company money in segregated accounts at top-tier banks. In addition, the broker implements advanced security measures to protect client data from unauthorized access.

They've implemented modern security advancements, including SSL, ensuring that client funds and data are always kept safe. Furthermore, the broker follows an anti-money laundering (AML policy and does not accept third-party payments).

Moreover, this global multi-asset broker has implemented KYC (Know Your Customer) policies to ensure its clients are who they say they are. It further enhances the security of its services and prevents fraud or money laundering from taking place.

VT Markets also offers negative balance protection, which means you will never lose more than your account balance. It protects traders from any significant losses. Overall, VT Markets is a secure broker delivering a wide range of services for traders across the globe.

Fees details

VT Markets does not charge any fee on deposits. However, your bank may charge you for doing international wire transfers. The broker covers most of the charges associated with the deposit, but the hidden charges are not covered.

On the other hand, withdrawal fees can vary depending on the payment method used. A withdrawal fee of $20 applies to all payments that are less than $100. There is a fixed fee of $20 per wire transfer for every subsequent withdrawal after the first one.

Fasapay withdrawals will incur a 0.5% handling fee, Skrill withdrawals will incur a 1% handling fee, and Neteller withdrawals will incur a 2% handling fee. The minimum withdrawal amount is $100. The broker does not charge any inactivity or maintenance fees.

For Raw ECN accounts, the broker charges a commission of $6 per standard lot per round. Overall, VT Markets offers competitive fees and a great range of services for traders looking to trade in the global markets.

Spreads fee details

VT Markets offers competitive spreads across its accounts. The Raw ECN account has a spread of 0.0 pips, while the Standard STP account has a spread of 1.3 pips. The broker also offers floating spreads, benefiting traders from market volatility. Floating spreads allow traders to take advantage of the lowest market spreads.

The commissions on this multi-asset trading platform are also competitive, with the ECN account charging a commission of $6 per standard lot, while the Standard STP account charges no commissions. The spreads structure at this broker is tight and competitive, making it one of the best brokers to trade with.

Swap fee details

A swap fee is something that you pay if you hold a position for more than one trading day. VT Markets also charges swap fees, which are minimal and depend on the asset class. The swap fee is variable and depends on the asset, market conditions, and weekdays.

The swap fees are charged as interest and will be added or deducted depending on the type of position taken. For example, a long position will have the swap fees added to the account, while a short position will have the swap fees deducted from the account.

This award-winning broker also offers swap-free accounts, ideal for traders who hold positions overnight or must adhere to Islamic principles. Overall, VT Markets offers competitive swap fees.

Deposit and withdrawal options

VT Markets offers a range of deposit and withdrawal options. These include Unionpay transfer, Mobile Pay, Skrill, Neteller, Fasapay, Vietnam instant bank wire transfer (only for clients from Vietnam), UK instant bank transfer (only for clients from the UK), Thailand instant bank transfers (only for clients from Thailand), USDT, and Credit/Debit card.

All deposits are done via trusted payment methods and come with strict security measures to prevent fraud or money laundering. International bank transfers take 3-7 days to be credited into the account, while other payment methods are usually credited instantly.

For withdrawals, all these methods are available, but there is a minimum withdrawal amount of $100. There may also be fees associated with the withdrawal, depending on the payment method used. The withdrawals are also processed instantly, it takes around 3 to 7 business days for the funds to reach your account.

Overall, VT Markets offers a great range of deposit and withdrawal options that are secure and reliable. You can also contact their customer support team if you have any queries or need further assistance.

As the broker has integrated KYC authentication, all traders must provide documents before starting trading. It's a one-time process, and once completed, the traders can start trading quickly.

Available tradable markets

VT Markets offers a great range of tradable markets for traders to take advantage of. These include forex, indices, energy, precious metals, soft commodities, and CFDs on ETFs. Traders can access various markets and take advantage of the tight spreads and commissions the broker offers. Let's look at all tradable markets available at this global broker:

Forex

Forex is the most popular asset class at VT Markets. You can access an impressive selection of currency pairs, including majors, minors, and exotics. The broker also offers tight spreads from 0.0 pips on the ECN account, allowing traders to benefit from market volatility. Traders have access to 40+ currency pairs and leverage up to 1:1000 depending on your area.

Some of the popular major currency pairs you can trade include EUR/USD, USD/JPY, GBP/USD, and AUD/USD. You can also access minor pairs like EUR/CAD and exotic pairs such as USD/TRY. You can access these currency pairs via the MT4 platform.

With a leverage of up to 1:1000 on FX pairs, traders can take advantage of small market movements to benefit from the markets. Spreads on currency pairs are mentioned on their website, and the broker offers a transparent trading experience.

Indices

Indices are ideal for traders who prefer to trade the broader markets. At VT Markets, you can access a variety of indices and benefit from tight spreads and commissions. The indices are available across different asset classes, including major global indices like S&P 500 and FTSE 100.

With 15+ indices, you can take advantage of market volatility and create a diversified portfolio. Some popular indices areNAS100, CHINA50, DAX40, DJ30, DJ30ft, and FRA40. Spreads start from 0.0 pips, and the commission per lot is $1. Indices trading allows traders to speculate on the underlying asset while taking advantage of global markets.

Energy trading

VT Markets also offers energy trading with CFDs on oil and natural gas. You can trade these commodities via their MT4 platform and benefit from low spreads and commissions. You can access up to 4 energy contracts traded against the US Dollar, including Crude Oil (Cash/Future), Natural Gas, Gasoline, and Gasoil.

Energy trading is ideal for traders looking to take advantage of short-term price movements in the commodities markets. The maximum leverage available for energy trading is up to 1:500, and the spreads start from 0.05 pips. You can easily create a diversified portfolio with energy trading at VT Markets.

Precious metals

VT Markets also offers access to precious metals, including Gold, Silver, Platinum, Palladium, and Copper. The broker has multiple instruments available for precious metals trading, with spreads starting from 1 pip. Popular instruments are XAU/USD, XAU/EUR, and XAG/USD. In addition, you can also access exotic metals such as XPD/USD and XPT/USD.

The maximum leverage available for precious metal trading is up to 1:1000 based on the location of clients, allowing traders to open larger positions. With tight spreads and commissions, you can easily take advantage of the price movements in this asset class.

Precious metal trading is ideal for traders who prefer to take advantage of global markets. It also allows traders to diversify their portfolios and benefit from the volatility in this asset class.

Soft commodities

Soft commodities are an important asset class for traders looking to benefit from the agricultural markets. VT Markets allows trading the following soft commodities contracts via MetaTrader 4 platforms: Cocoa, Coffee, Cotton, Orange juice, and Raw sugar.

Trading soft commodities is ideal for traders who prefer to speculate on the price movements of these commodities and benefit from global markets. The maximum leverage available is 1:20, which is competitive compared to other brokers.

CFDs on ETFs

ETFs are the perfect instrument for traders who want to trade the markets without having to buy the underlying asset. VT Markets offers access to 51 different ETFs, with up to 1:33 maximum leverage. The contract size is 1, which makes it easier for traders to manage their positions.

You can access these ETFs via the MT4 platform and benefit from tight spreads and commissions. Some of the popular ETFs available at VT Markets are AGG, ARKQ, BITQ, DBC, and EFA.

ETF trading is ideal for traders looking to diversify their portfolios and benefit from low-cost trading. With VT Markets, you can access a variety of ETFs and take advantage of the markets.

Overall, VT Markets provides access to various asset classes and instruments, which are ideal for traders looking to benefit from the global markets.

Leverage information

VT Markets offers competitive leverage details on various asset classes based on location of clients, including forex, indices, energy, precious metals, soft commodities, and ETFs. Forex trading is available with up to 1:1000 leverage, while indices and energy can be traded with up to 1:500 leverage, respectively. Precious metals are offered with up to 1:500 leverage, and soft commodities can be traded with a maximum leverage of 1:20. ETFs can be traded with up to 1:33 leverage.

Leverage allows traders to trade larger positions with less capital and magnify their profits. However, it also increases the risk of losses, so traders should be aware of the potential risks involved.

For example, if you're trading forex with a leverage of 1:30 with $450 capital, you can open a position equivalent to $13,500. However, if your trade moves in the wrong direction and you incur a loss of 10%, your account will be wiped out. Therefore, it's important to use leverage wisely and only trade with capital you can afford to lose.

Negative Balance Protection (NBP)

VT Markets understand the potential risks of trading with leverage and offer Negative Balance Protection (NBP) to their clients. NBP is a safety feature that protects the trader from incurring a negative balance in their account.

This feature is available to all traders, regardless of the trading instrument or leverage. NBP is an essential feature for traders as it helps to protect their capital and avoid a situation where they incur a loss that exceeds their account balance.

The NBP feature is available to all trading accounts, which helps keep traders safe and helps them manage their risk more efficiently.

Available trading platforms

MetaTrader 4

VT Markets offers the popular MT4 trading platform for their clients. The MT4 is a powerful and user-friendly platform designed with both beginner and advanced traders in mind. The platform offers a range of features, including charting tools, market news, price alerts, and more.

MT4 offers various order types, automated trading strategies, and access to numerous markets. The platform is available in both desktop and mobile versions so that you can access the markets from any device. You can also use Expert Advisors (EAs) on the MT4 platform to automate your trading strategies.

MetaTrader 5

MT5 is the latest version of the popular MT4 platform. This platform offers a range of features, including hedging, market depth, and more advanced technical analysis tools. The MT5 platform can be used to trade forex, indices, energy, commodities, ETFs, bonds, and cryptocurrencies.

The interface is intuitive and easy to use, with various customization options. As with MT4, the MT5 is available in desktop and mobile versions to access the markets from anywhere. You can also use Expert Advisors (EAs) on the platform to automate your trading strategies. MT5 lets you use multiple Expert Advisors at once, which can help you diversify your trading strategies.

VT Markets web trader

VT Markets also offers a web-based trading platform. This platform is ideal for those who want to trade without having to download any software. The platform is user-friendly and straightforward, so you can get up and running quickly.

The web trader offers access to the same range of markets as the MT4 and MT5 platforms and includes advanced charting tools. You can also access market news, price alerts, and more. The web trader platform is available for both desktop and mobile devices so that you can access the markets from anywhere.

VT Markets App

The VT Markets app is available for both Android and iOS devices. The app is user-friendly and offers access to the same range of markets as the web trader and other platforms. You can also access all your trading accounts from one place, so you can easily switch between accounts.

With the VT Markets app, you can access 230+ trading assets, including FX, commodities, indices & US shares. The app also includes multiple language support and market news access. Traders can also enjoy a 50% welcome bonus when they make their first deposit and an additional 20% on deposits over $1000.

Available trading accounts

The broker offers two trading accounts:

Standard STP account

The standard STP account offers low spreads, no commission fees, and hedging. The base currencies are AUD, USD, GBP, EUR, and CAD, and the minimum deposit is $100. The minimum trading size is 0.01 lot, and you can use the MT4 and MT5 platforms.

The spreads start from 1.2 pips, and you can also enjoy a range of trading tools, including price alerts, market news, and more. This account is ideal for traders seeking a low-cost, straightforward trading experience.

Raw ECN account

The raw ECN account offers a low spread of 0.0 pips and a commission of $6 (per round turn). With this account, you can use the MT4, MT5, and web trader platforms. It is an ideal account for experienced traders who want to take advantage of tight spreads and low commissions.

The base currencies are AUD, USD, GBP, EUR, and CAD, and the minimum deposit is $100. The minimum trading size is 0.01 lot, and you can also access a range of trading tools.

Along with both accounts, the broker also offers a swap-free Islamic account that is compliant with Sharia law. The account comes with all the standard and raw ECN account features with no commission or swap fees.

How to open an account?

Below are the quick steps to open a live trading account:

• Step 1: Go to the website and click on Open a Live Account.
• Step 2: Enter the details, including name, email, date of birth, and country of residence.
• Step 3: Select your trading account type and leverage.
• Step 4: Choose your deposit method and currency.
• Step 5: Enter your investment amount and click on 'Open Account.'

Traders also have access to demo accounts to practice trading with virtual money and familiarize themselves with the platform.

Customer support details

VT Markets provides customer support in multiple languages, 24 hours a day. You can contact the team via email at info@vtmarkets.com or via phone and live chat. Their support team is knowledgeable and helpful, and they are always willing to go the extra mile to help you.

Resources and trading tools

Forex signals

The broker provides forex signals from Autochartist, a market analysis tool. You will receive real-time information about the market and can use this data to make informed trading decisions.

Economic calendar

An economic calendar is a helpful tool for traders who want to keep track of current events and their effect on the market. You can access real-time updates, so you always know what's going on in the markets.

MAM/PAMM

The broker offers both MAM (Multi-Account Manager) and PAMM (Percentage Allocation Money Management) accounts. This is ideal for traders who want to manage multiple accounts from one place.

Daily market analysis

The broker offers daily market analysis and commentary to keep traders informed. You can access real-time news and insights about the markets that help you make trading decisions.

Educational guides

From beginners to experienced traders, VT Markets offers a range of educational guides. You can find tutorials and videos on the website that will help you understand the different markets and techniques of trading.

VT Markets Broker Review in a nutshell

Overall, VT Markets is a reliable and reputable broker. The spreads are competitive, and the minimum deposit is low for Standard STP and Raw ECN accounts. The customer support is excellent, and there is a range of resources and trading tools available. As the broker is regulated and authorized, you can ensure your trading activities are secure. This is an ideal broker for all kinds of traders.

FAQs

What is the minimum deposit?

The minimum deposit is $100 for all accounts.

What is the maximum leverage offered by them?

The maximum leverage offered is up to 1:1000 based on the location clients in.

Does it offer a demo account?

Yes, the broker offers a demo account with virtual currency to trade.

How do I open an account with this broker?

You can open an account by filling out the online registration form on the broker's website.

What platform does the broker support?

The broker supports MT4, MT5, Web trader, and VT Markets mobile app.

What are the spreads at this broker?

The spreads start from 0.0 pips.

What is the minimum trade size?

The minimum trade size is 0.01 lots.

How to contact their customer support?

You can contact customer support by live chat, email, and call.

Is this broker regulated?

Yes, it is regulated by ASIC, FSCA, and SVGFSA.

What are the deposit methods at this multi-asset broker?

The deposit methods at VT Markets Broker include wire transfers, credit/debit cards, wallets, and more.

What are the withdrawal methods available with this broker?

The withdrawal methods are similar to the deposit methods, including wire transfers, credit/debit cards, wallets, and many more.

Do they offer educational content?

Yes, they offer various educational resources, including guides and tutorials.

Can US residents open accounts at this broker?

No, US residents cannot open accounts with this broker.

How can I change my password?

You can change your password by logging into your account and going to the "Profile" section. Then, click on the "Change Password" button.

What account types do they offer?

The broker offers three accounts — Standard STP, Raw ECN, and Swap-free accounts for Muslim traders.