VT Markets review
VT Markets
VT Markets is a reputable international financial services provider that offers a wide range of trading options to its clients. With 49 currency pairs, around 800 CFDs on stocks, 24 indices, and 22 commodities, the broker provides a diverse portfolio for traders to choose from. The available trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offer advanced features and functionality for a seamless trading experience.
While the maximum leverage offered is 500:1, it's important to note that trading conditions may vary depending on your country of residence. Certain countries and regulators impose strict restrictions on leverage and promotions. Nevertheless, VT Markets is well-regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Sector Conduct Authority of South Africa (FSCA). Additionally, the broker is incorporated under the laws of St. Vincent and the Grenadines, further enhancing its trustworthiness.
One of the notable features of VT Markets is its dedicated 24/7 live support. The broker understands the importance of professional and easily accessible customer support in building positive relationships with traders. Existing and new clients can reach out to the broker through live chat, email, or phone, ensuring prompt assistance whenever needed.
The broker's commitment to customer satisfaction is evident in its growing client base, which has already attracted over 200,000 active traders. Opening a live trading account with VT Markets is a straightforward process that can be completed in just three simple steps. Starting with registration, followed by account funding, and finally, trading, traders can quickly begin their trading journey. However, it is advisable to verify your trading account before depositing any funds, as verified accounts have the privilege of withdrawing funds from their account balance.
In summary, VT Markets stands out as a reliable financial services provider with its wide range of trading options, robust regulation, and round-the-clock customer support. The broker's streamlined account opening process ensures a hassle-free experience for traders looking to dive into the financial markets.
Countries
Afghanistan, Albania, Algeria, Andorra +174 more
Regulations
ASIC, FSA St. V, FSCA
Account currencies
AUD, CAD, EUR, GBP +1 more
Assets
Bonds, CFDs on Stocks, Crypto CFDs, ETFs, Energies, Indices, Precious metals, Soft Commodities
Platforms
MT4, MT5
Deposit methods
ApplePay, Bank Transfer, Credit Card, Crypto, Fasapay, Google Pay, Neteller, Skrill
Others
Segregated accounts, Copy trading, Demo account, ECN, Exotic Pairs, Expert Advisors, Fast withdrawals, Hedging allowed, High leverage, Lowest minimum deposit, Micro Lots, Negative balance protection, PAMM, Provides webinars and seminars, Signals, STP, Swap-free
Promos
Deposit bonus, Welcome bonus
Visit brokerTo cater to the diverse needs of traders and their trading styles, VT Markets offers two live account types. Additionally, they also provide demo accounts and swap-free Islamic accounts. The Raw ECN account is specifically designed for day traders who seek minimum spreads. Operating on the Electronic Communications Network (ECN) execution model, this account is well-suited for scalpers, algorithmic traders, high-frequency traders, and news traders. Notably, there are zero spread markups on this account, but traders are charged a relatively high commission of 6 USD per round turn. It's important to mention that the commission amount may appear higher compared to what competitor brokers are offering.
On the other hand, the Standard STP account type is more suitable for beginners, swing traders, and position traders. This account type does not incur any commissions, and the spreads on EUR/USD start from 1.2 pips. However, it's worth noting that the 1.2 pip mark represents a markup, and spreads may widen, especially during periods of low liquidity.
Both account types are compatible with the popular trading platforms, MT4 and MT5, and require a minimum initial deposit of 100 USD. Additionally, trading bonuses are available for both account types.
In summary, VT Markets can be considered an average broker. The customer support provided by the broker is excellent, and they offer a wide range of over 1000 tradable instruments along with popular trading platforms. However, one drawback is the comparatively high trading fees for both Standard STP and Raw ECN account holders.
