What are VT Markets?
VT Markets, an Australia-based affiliate of VT Markets LLC, brings more than 10 years experience and expertise in global financial market access to help clients achieve their financial goals.
VT markets was founded in 2016 and has always believed that “Innovation makes a difference”. They provide superior trading experience to clients, including an ECN account with raw spreads, mobile trade/payments, and a powerful client portal.
Broker: VT Markets
Minimum deposit: 200 US$
Leverage: 1:500
Regulator: ASIC. CIMA. SVGFSA.
Year: 2016
Platforms: MT4, MT5, WebTrader
HQ: Australia
VT Markets Licences:
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Vantage Global Prime Pty Ltd – authorized by ASIC (Australia) registration no. AFSL No. 4289017
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VT Markets LLC – Authorized by CIMA, Cayman Islands registration number. 1383491
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VT Markets LLC – Authorized by SVGFSA St. Vincent & the Grenadines
Overview
VT Markets is a trusted broker because it is regulated by ASIC of the highest tier. Vantage Group is a well-respected entity that has good trading technology, a wide range of instruments, and low variable spreads. You have a wide range of options, including MT4 or MT5, investment accounts and MAM accounts.
VT Markets, on the other hand has a limited selection of trading instruments and limited education tools.
Pros
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Wide selection of trading tools and features
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Institutional grade spreads via the Raw ECN account
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Linked to the top platforms in the industry: MetaTrader 4 and MetaTrader 5
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Cryptocurrency withdrawals (USDT)
Cons
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High minimum deposit of $200, even on the Standard STP account
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Strict terms and conditions on the Welcome Bonus offer that prevents withdrawal
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EU-based clients should be aware VT Markets is not regulated by a European authority
Rating of the company overall
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Reliability ⭐⭐⭐⭐
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Platform ⭐⭐⭐
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Commissions ⭐⭐⭐⭐
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Support ⭐⭐⭐⭐
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Financial instruments ⭐⭐⭐
RATING: 3.9
Specifications
| Headquarters | Australia |
|---|---|
| Regulation | ASIC, CIMA and SVGFSA |
| Platforms | MT4, MT5, WebTrader |
| Instruments | Commodities, currencies, indicces and crypto |
| Spread EUR/USD | 1.2 pips |
| Demo Account | Provided |
| Minimum deposit | 200$ |
| Base currencies | There are many currencies available |
| Education | Includes analysis and research |
| Customer Support | 24/5 |
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Awards
VT Markets has also been awarded collective recognition by industry award-giving bodies:
Are VT Markets scammed or safe?
Yes, VT Markets can be traded. It is an established Australian brokerage Vantage Global Prime Pty Ltd, which respectively complied with the internationally-respected regulation Australian Securities and Investments Commission.learn why trade with ASIC brokers by the link.
VT Markets also serves an additional entity, which serves clients worldwide from its offshore branch based on the Cayman Islands. Although we do not recommend trading with offshore brokers (although, VT Markets has ASIC licenses that are highly respected). This means that the broker is strictly regulated.
ASIC Regulatory Guides state that the company offers Professional Indemnity Insurance. This covers their employees, representatives and authorized representatives. Client funds are also kept in a separate account at Australia’s AA-rated Commonwealth Bank of Australia.
Leverage
Leverage, a well-known instrument, multiplies your initial capital. It can also be very useful to increase your potential gains. However, it is important that you use it wisely. High leverage can also work in the reverse.
VT Markets broker is subject to multiple regulatory restrictions from different jurisdictions. These regulations may place limitations on the leverage offered. Trading through the global/offshore entities at VT Markets can allow you to enjoy high leverage levels of up to 1:500 for major currency pairs. The broker still allows leverage for Australian clients.
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30:1 for forex
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20.1 for stock index CFDs
Trade Instruments
Access to trading instruments is included in the marker range, but only CFDs or Forex are allowed. CFDs can be used to trade Indices, Energy Soft Commodities and Precious Metals. They also include CFDs for US and HK Shares. You can also trade cryptocurrencies in the same manner as major currencies. The broker can trade the most difficult markets, but not popular asset classes such as ETFs or real stocks.
Leveraged share CFDs offered by brokers allow clients to trade long and short in the largest US companies starting at $6 per trade. traders have the opportunity to take advantage of leveraged share CFDs at 33:1. This allows them to trade both long and short in some of the largest US companies starting from $6 per trade.
Types of accounts
VT Markets offers two types of accounttypes, with ECN and STP execution models. These are available via MT4 or 5 platforms. There may be some variation in the pricing model, which can lead to some diversification of the proposal. Please ensure that you check the best one for your needs.
Swap-free and Islamic accounts are also available from the broker to traders who adhere to Sharia rules.
Fees
There are certain conditions that VT Markets pricing may apply to different account types. Also, consider funding fees or other fees such as inactivity. Please see the fee table below.
FeesVT Markets FeesAvaTrade FeesXM FeesDeposit FeeNoNoNoWithdrawal FeeNoNoNoInactivity FeeNoYesYesRanking of feesLowAverageHigh
Spreads
The spread level of VT Markets depends on which trading account you choose. Standard accounts have slightly higher spreads, while ECN accounts offer a raw spread. The STP account EUR/USD floating spread averages 1.2, while the ECN proposes only 0.01 for the same pair.
VT Markets Standard STP account boasts one of the most competitive spreads in the Forex trading industry. RAW ECN account holders of VT Markets will enjoy competitive spreads and only $6 per standard lot, each round. Below is a comparison of the spread in Standard account. You can also compare fees with BlackBull Markets.
Asset/ PairSpread of VT MarketsBlackBull Markets SpreadSpread XMEUR USD Spread1.2 pips0.9 pip1.6 pipCrude Oil WTI Spread4 pips6 pips5 pipsSpread the Gold302535
Rollover
Consider rollover and swap rate as trading costs. The broker may charge a small fee if the position is held for more than one day. This fee is determined by the instrument. Swap-Free accounts are available for Muslim traders. This account is for those who believe and is tailored to their needs.
Withdrawals and deposits
VT Markets clients have many options for funding their trading accounts. These include domestic bank transfer, international bank transfer, BPAY and Skrill, Neteller as well as Broker to Broker transfer. POLi, fasapay and credit or debit card payments. VT Markets clients are also able to deposit Bitcoin.
Minimum deposit at VT Markets
The minimum deposit for VT Markets Standard accounts is 200$. This account is a great option for beginners or for regular traders.
VT Markets Minimum Deposit vs Other Brokers
VT MarketsAll Other BrokersMinimum Deposit$200$500
Withdrawal
You can withdraw funds from VT Markets using a variety of payment options. VT Markets doesn’t charge any fees for electronic deposits and withdrawals. You should check with your payment provider to see if additional fees may apply.
Trade Platforms
VT Markets offers a variety of trading platforms. It has intuitive, yet robust software that can be used by traders of all sizes.
All trading accounts can be accessed across all platforms. This is because it is important to have stable and fast access to your trading account. This includes enhanced MetaTrader 4 and MetaTrader 5 WebTrader, as well as multiple mobile trading apps for iPhones and Android devices.
VT Markets provides its traders with the official MetaTrader mobile app, which allows you to trade from anywhere and anytime. All types of automated traders can use EAs. Multi Account Manager (MAM), a powerful and easily accessible software tool, allows you to place large orders quickly and without limitation.
The VT Markets MetaQuotes WebTraderintuitive design looks identical to the MetaTrader desktop edition. It allows you to access your trading account from your computer without having to download or install the platform.
Social trading
VT Markets also offers the possibility to automate trading via ZuluTrade. Clients of VT Markets have exclusive access through the ZuluTrade social-trading platform to a large pool of professional traders as well as profitable trading systems.
Education
VT Markets provides very limited education materials and tools to their clients. Its Learning section contains Educational guides, MT4 guide, and Trading Central tools guide. For traders, there are Daily Market Analysis and Daily Video Update.
Only good tools are available to VT markets. Demo Accounts are available to help you get trading ideas.
Conclusion
VT Markets is constantly striving to make its service better and more competitive than any other on the market. This proves its tremendous advantages to you as a trader. ECN broker, VT Markets stands for integrity, great execution, and many liquidity providers through the Interbank Forex market. All levels of traders can benefit from VT Marketsbeginners and advanced traders alike, as the account opening process is simple with a low deposit requirement, trading options, and education.
Vtmarkets Details
