Feature | Detail |
Registered Country/Region | Australia |
Found | 2015 |
Regulation | FSCA, ASIC (General registration) |
Market Instruments | 1,000+, forex, precious metals, energies, CFD shares, indices, soft commodities, ETFs & bonds |
Demo Account | Available |
Max. Leverage | 500:1 |
EUR/USDSpread | From 1.2 pips (Standard STP account) |
Trading Platforms | MetaTrader4, MetaTrader5, WebTrader,VT Markets APP |
Minimum Deposit | $50 |
Customer Service | 24/7 Help center, live chat |
Email: info@vtmarkets.com (get back to you within 1-3 business days) | |
Social media: LinkedIn, YouTube, Facebook, Instagram, etc. | |
Bonus | 50% welcome bonus, 20% deposit bonus |
Regional Restrictions | Residents of United States, Singapore and Russia are not allowed |
VT Markets Information
VT Markets was founded in 2015 and headquartered in Sydney, Australia, has over ten years' experience and expertise in global financial markets. As a regulated broker, VT Markets operates under the oversight of the Financial Sector Conduct Authority (FSCA).
VT Markets offers a suite of trading instruments, including major, minor, and exotic currency pairs, allowing traders to capitalize on various market opportunities. In addition to forex, the broker also provides access to other financial instruments, including precious metals, energies, CFD shares, indices, soft commodities, ETFs & bonds. Traders can benefit from competitive trading conditions at VT Markets, including low minimum deposit of $50, fast execution speeds, and flexible leverage options up to 500:1.
VT Markets supports the industry-standard MetaTrader 4 (MT4) trading platform and MetaTrader 5 (MT5) trading platform, as well as webtrader, known for its robust functionality, advanced charting tools, and customizable features, with access to a wide range of technical indicators, expert advisors (EAs), and automated trading capabilities.
Pros & Cons
VT Markets offers several advantages, including a wide range of trading instruments, multiple account types and flexible leverage options to cater to the diverse needs of traders. The user-friendly trading platforms, along with advanced trading tools and features, enhance the trading experience.
Pros | Cons |
Wide range of trading instruments | ASIC license is just general registrated |
Low trading fees | Residents of United States, Singapore and Russia are not allowed |
Multiple account types | |
Multiple trading platforms, MT4, MT5, Webtrader and VT Markets APP | |
Advanced trading tools and features | |
Flexible leverage up to 500:1 | |
Swap-free options available | |
Wide selection of payment methods | |
Social trading available | |
Deposit and welcome bonuses offered |
However, the ASIC license is just general registrated and residents of United States, Singapore and Russia are not allowed.
Is VT Markets Legit?
VT Markets operates under the regulation of multiple regulatory authorities, including the Australian Securities and Investments Commission (ASIC, general registration) in Australia and the Financial Sector Conduct Authority (FSCA) in South Africa.
With its entity in South Africa regulated by the FSCA, VT Markets complies with the regulatory requirements set by this reputable financial authority. The FSCA is known for its stringent oversight and supervision of financial services providers.
Market Instruments
VT Markets boasts an extensive and diverse range of over 1,000 market instruments, making it a highly attractive option for traders looking to diversify their investment portfolios. This broad selection includes major categories such as forex, which offers a variety of currency pairs; precious metals like gold and silver; energies including oil and natural gas; and CFD shares that cover numerous global corporations.
Additionally, VT Markets provides opportunities to trade indices, soft commodities like coffee and sugar, as well as ETFs & bonds, catering to different trading preferences and strategies.
Account Types
VT Markets offers a versatile range of account types to cater to different trading needs and preferences, including Standard STP, Raw ECN, Swap Free, Cent, and Demo accounts. The minimum deposit required is accessible, with $100 needed for the Standard STP, Raw ECN, and Swap Free accounts, and a lower threshold of 5,000 USC (equivalent to $50) for the Cent accounts, making it easier for traders with varying financial capabilities to enter the market.
The base currencies available also provide flexibility; Standard STP and Raw ECN accounts support AUD, USD, GBP, EUR, CAD, and HKD, while Swap Free accounts offer all except HKD, and Cent accounts operate exclusively in USC. Additionally, VT Markets enhances trading opportunities by offering bonuses for Standard STP, Raw ECN, and Swap Free accounts.
Account Type | Standard STP | Raw ECN | Swap Free | Cent | ||
Minimum Deposit | $100 | 5,000 USC=$50 | ||||
Base Currencies | AUD, USD, GBP, EUR, CAD, HKD | AUD, USD, GBP, EUR, CAD | USC | |||
Trading Bonus | Available | / |
How to Open an Account?
Opening a trading account with VT Markets is a straightforward and user-friendly process designed to facilitate quick access to the trading world.
To begin, simply click the ‘Trade now’ button on their platform.
You will then be prompted to enter your personal information, including your country of residence, email address, and a password of your choice; there is also an optional field for a referrer if applicable. Once these details are filled in, click the Open a live account button to finalize the setup of your new trading account.
Leverage
With a leverage of up to 500:1, its customers can trade 40 different currency pairings and spot gold contracts. One can use a leverage of up to 1:333 on energy commodities, 1:100 on Silver Spot, and 1:20 on soft commodities such as cocoa, coffee, cotton, orange juice, and raw sugar (Crude Oil, Natural gas, Gasoline, and Gasoil). Stocks of the 50 largest U.S. and Hong Kong firms are available for trading via Contracts for Difference (CFDs), with leverage of 1:20. You can trade 15 stock indexes, including the SP 500, DJ30, and US 2000, with high leverage (up to 1:333).
Spreads & Commissions
VT Markets offers a competitive and varied structure of spreads and commissions tailored to different types of trading accounts, ensuring traders can select the option that best suits their trading style and strategy.
For those preferring simplicity and no commission costs, the Standard STP and Standard STP (Swap free) accounts offer spreads starting from 1.2 pips, and the Cent Account STP starts from 1.1 pips, all with zero commission charges.
Conversely, for traders looking for tighter spreads and are comfortable with commission fees, the Raw ECN, Raw ECN (Swap free), and Cent Account ECN accounts provide spreads starting as low as 0.0 pips with a commission of $6 per round turn.
Account Type | Standard STP/Standard STP (Swap free) | Raw ECN/Raw ECN (Swap free) | Cent Account STP | Cent Accout ECN |
Spread | From 1.2 pips | From 0.0 pips | From 1.1 pips | From 0.0 pips |
Commission | $0 | $6 per round turn | $0 | $6 per round turn |
Trading Platforms
VT Markets offers a range of advanced trading platforms to cater to the diverse needs of traders. With their selection of robust platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, and the VT Markets App, traders can access the financial markets with ease and precision. Each platform provides unique features and capabilities to enhance trading experiences and execute trades efficiently.
MetaTrader 4 (MT4): MT4 is a globally recognized and widely used trading platform, renowned for its user-friendly interface and extensive range of trading tools. It offers real-time market data, advanced charting options, and customizable indicators to help traders analyze the markets and make informed trading decisions. MT4 also supports automated trading through expert advisors (EAs), allowing traders to automate their strategies.
MetaTrader 5 (MT5): MT5 is the successor to MT4 and comes with additional features and enhanced capabilities. It offers an improved interface, advanced charting tools, and an expanded range of technical indicators. MT5 also allows traders to access different asset classes, including stocks and futures, in addition to forex trading. With its powerful analytical tools and multi-asset support, MT5 caters to traders seeking advanced trading functionalities.
WebTrader: The WebTrader platform is a web-based trading solution that provides traders with the flexibility to access their accounts from any web browser without the need for software installation. It offers a user-friendly interface, real-time market data, and essential trading features. Traders can analyze charts, place trades, and manage their positions conveniently through WebTrader.
VT Markets App: The VT Markets App is a mobile trading platform designed for traders who prefer to trade on the go. Available for both iOS and Android devices, the app allows traders to access their accounts, monitor market conditions, and execute trades from anywhere, anytime.
Copy Trading
VT Markets provides an innovative copy trading service that allows traders, especially those who may not have the time or expertise to trade independently, to automatically replicate the positions of more experienced traders. This feature is particularly beneficial for new traders as it enables them to learn from seasoned market participants and potentially benefit from their trading strategies.
Copy trading at VT Markets is user-friendly and accessible, allowing clients to browse through a list of skilled traders and choose whom they want to follow based on performance metrics and trading style. This service not only simplifies the trading process but also offers an opportunity for traders to diversify their investment approaches by mirroring the trades of professionals, thus potentially enhancing their trading outcomes while managing risk.
Deposits & Withdrawals
VT Markets supports a variety of popular payment methods. These include major credit cards like MasterCard and Visa, bank transfers, and several e-wallets such as Neteller, Skrill, UnionPay, and FasaPay. VT Markets offers a streamlined and efficient process for deposits and withdrawals, trying completing all transactions within one business day, which is a significant advantage for traders needing quick access to their funds.
Bonus
VT Markets offers enticing bonus schemes to both new and existing clients, enhancing their trading potential. New clients are welcomed with a 50% bonus on their initial deposit, applicable to all account types. This welcome bonus is designed to give traders a substantial boost as they begin their trading journey, with the bonus credit being added to their accounts within just one business day after the deposit.
Additionally, VT Markets provides a recurring 20% deposit bonus for all subsequent deposits over $1,000, allowing traders to increase their trading capital by up to $10,000 in extra funds. This ongoing bonus can be claimed multiple times, offering continuous support to enhance trading activities. Traders interested in these opportunities can easily start by opening a live account in just five minutes and begin benefiting from these generous promotional offers, subject to terms and conditions.
Educational & Tools
VT Markets provides a comprehensive suite of educational resources and analytical tools. The learning center at VT Markets is extensive, featuring a trading glossary for beginners, detailed courses on forex trading, and specialized tutorials on using MetaTrader platforms. Additionally, they offer podcasts that delve into various trading topics, catering to learners who prefer auditory content.
On the analysis front, VT Markets provides daily market analyses and weekly market overviews to keep traders informed about the latest market trends and opportunities. Their blog also serves as a valuable resource for deeper insights and trading strategies.
Furthermore, VT Markets enhances trading efficiency with practical tools such as an economic calendar, trading signals, and access to Trading Central MT4 tools and ProTrader tools. They also support automated trading by offering expert advisors.
Customer Support
VT Markets prioritizes exceptional customer support by providing around-the-clock assistance through various channels, ensuring traders can receive help whenever required. Their 24/7 Help Center is equipped to address and resolve common issues instantly, facilitating a seamless trading experience.
For more interactive and immediate assistance, VT Markets features a live chat service where traders can communicate directly with knowledgeable support staff in real-time.
Additionally, traders can reach out via email at info@vtmarkets.com, with the assurance of receiving a detailed response within 1-3 business days.
VT Markets also extends its customer engagement through active social media presence on platforms like LinkedIn, YouTube, Facebook, and Instagram, offering updates, educational content, and a platform for community interaction.
Frequently Asked Questions (FAQs)
Is VT markets regulated? |
Yes. VT markets is regulated by FSCA. |
Does VT markets offer the industry-standard MT4 & MT5? |
Yes. Both MT4 and MT5 are available. |
What is the minimum deposit for VT markets? |
The minimum initial deposit to open an account is $50. |
At VT markets, are there any regional restrictions? |
Yes. VT Markets' services and information on the website are not provided to residents of certain countries, including the United States, Singapore, Russia, and jurisdictions listed on the FATF and global sanctions lists. |
Is VT markets a good broker for beginners? |
Yes. VT markets is regulated and offers popular MT4 and MT5 platforms. |
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.