VT Markets Review 2024: Fees, Platforms, Apps, Safety, Pros & Cons

VT Markets is a multi-regulated CFD broker based in Saint Vincent and the Grenadines that offers multiple trading instruments. We will cover the leverages, spreads, trading platforms & apps, account opening and verification processes, fees and commissions, and safety measures, all in this VT Markets review.

Regulated By

Regulated By

FSA, ASIC & FSCA

Used By

Used By

400,000+ Users

Established in

Established in

2015

Visit Broker

74-89% of CFD accounts lose money.

Spreads From

EURUSD 0.4 pips

What Can You Trade on Vt Markets

  • Forex
  • Stocks
  • Indices
  • Commodities
  • ETFS
  • Cryptocurrencies

Trading Platforms

MobileMT4MT5WebTrader

Funding Methods

Wire TransferVisaMaster CardSkrillNetellerUnionPayFasapayPerfect MoneyBitcoinGoogle PayApple Pay

VT Markets Review 2024: Fees, Platforms, Apps, Safety, Pros & Cons

VT Markets is a multi-regulated CFD broker based in Saint Vincent and the Grenadines that offers multiple trading instruments. We will cover the leverages, spreads, trading platforms & apps, account opening and verification processes, fees and commissions, and safety measures, all in this VT Markets review.

  • author Eric Gift
  • Last updated 17/05/2024

74-89% of CFD accounts lose money.

Regulated By

Regulated By

FSA, ASIC & FSCA

Used By

Used By

400,000+ Users

Established in

Established in

2015

Spreads From

EURUSD 89 Points

Trading Platforms

MobileMT4MT5WebTrader

What Can You Trade on Vt Markets

  • Forex
  • Stocks
  • Indices
  • Commodities
  • ETFS
  • Cryptocurrencies

Funding Methods

Wire TransferVisaMaster CardSkrillNetellerUnionPayFasapayPerfect MoneyBitcoinGoogle PayApple Pay

VT Markets Overview

Founded in 2015, VT Markets is a multi-asset CFD broker with next-gen trading features and ultra-low pricing. It offers 1,000+ trading instruments, including 40+ forex pairs, 15+ indices, 20+ commodities, 800+ shares, 5+ bonds, and 50+ ETFs. Moreover, while its head office is in Saint Vincent and the Grenadines, it also has offices in Cyprus, Taiwan, Australia, and South Africa. Its regulators are the SVG FSA, FSCA, and ASIC. 

This VT Markets review will overview the broker’s trading instruments, fee structure, and regulations. We will then discuss the trading platforms (both mobile and desktop), payment methods, education, and customer support. There will also be some user’s remarks to gauge the platform appeal and a discussion of safety. For now, we will begin with an overview of the pros and cons.

Vt Markets Homepage

Pros

  • Multiple Regulations.
  • User-Friendly Mobile App.
  • Great Customer Support.
  • Offers Social Trading.
  • Ultra-Low Trading Charges.
  • Negative Balance Protection.

Cons

  • No Proprietary Desktop App.
  • No US Traders Allowed.
  • No Crypto Offered.

VT Markets Regulations

VT Markets is a considerably well-regulated broker. The company has its head office in Saint Vincent and the Grenadines, but it also has offices in a number of other locations. And across all these locations, it offers traders the assurance of credibility due to its regulatory oversight. This section of our review will overview each of these offices, their addresses, regulators, and registration or licence numbers. 

VT Markets (SVG) LLC: This is the head office of the broker in Saint Vincent and the Grenadines, and it is situated on the first floor of First St Vincent Bank Ltd Building, James Street, Kingstown. Its regulatory oversight comes from the SVG Financial Services Authority (FSA).

  • Registration Number: 673 LLC 2020

VT Global Pty (Australia) Ltd: The Australian branch office of the broker, this entity is located in Sydney, New South Wales, at 31 Market Street. It has an Australian Financial Service licence and regulatory oversight from the Australian Securities and Investment Commission (ASIC).

  • Licence Number: 516246

VTMarkets (Cyprus) Ltd: This Cyprus-based branch of VT Markets is registered in Cyprus and functions as a payment service facilitator for the platform. Its registered address is in Limassol, at Gladstonos & Filokyprou, 120, Foloune House, 5th Floor, Flat/Office E2, 3032.

  • Registration Number: HE436466 

VT Markets (Taiwan): This is the Taiwanese office of the platform, and it is located in Taipei, at No. 7, Section 5, Xinyi Rd, Xinyi District. 

VT Markets Pty (SA) Ltd: This is an entity authorised by the Financial Service Provider (FSP) and regulated by the South African Financial Sector Conduct Authority (FSCA). 

  • Licence Number: 50865

Supported Countries

While it has a very limited set of regional offices around the globe, VT Markets accepts and supports traders from most countries. Here are some of the top supported countries and city-states on the platform: UK, Germany, Canada, Brazil, France, Italy, Poland, Dubai, China, Singapore, Denmark, Norway, Portugal, Greece, Spain, Japan, South Korea, Nigeria, Kenya, Ukraine, South Africa, and Egypt.

However, especially due to regulations, the broker does not support some countries. These include countries that have regulatory problems (such as the US, where regulations have required a high capital requirement to start brokering) as well as known Rogue States. Here are the countries the VT Markets trading platform does not support: the United States and North Korea. 

Available Assets at VT Markets

VT Markets offers a pretty diverse selection of tradable instruments, with 1,000+ such CFD instruments in its portfolio. These include ETFs, commodities, shares, forex, bonds, and indices. The broker does not offer crypto CFDs. As we will discuss later in the relevant sections of this VT Markets review, these assets are tradable at very low fees and generous leverage. However, the platform warns that 74-89% of retail traders lose money when CFD-trading. 

For now, we will overview each of the trading instruments. 

Vt Markets Assets

Stocks

VT Markets offers a robust portfolio of 800+ share CFDs from top companies in the US, Europe, and Asia, including up to 500+ US Blue Chip stocks. Additionally, stock CFD trading is available on all the connected app platforms, including the proprietary mobile app. Moreover, there are no commissions trading these assets, and the leverage of up to 1:20 (1:33 for US Blue Chips) allows you to start with a small initial margin.

Vt Markets Stocks

Commodities

You can also trade commodities on the platform, with its portfolio of about 20+ commodity CFDs from a range of markets. There are three types of commodity CFD available on VT Markets. There are the energy commodities, including Natural Gas, Gasoline, and Crude Oil (Cash/Future); the precious metals, namely Gold,  Silver, and Copper; and the soft or agricultural commodities, including cocoa, cotton, raw sugar, coffee, and even orange juice. The soft commodities are only available to traders on MT 4, and they share a fixed leverage of up to 1:20. The leverage for the metals varies from 1:50 to 1:500 and that of energy is up to 1:333.

Vt Markets Commodities

Indices

VT Markets allows you to trade in up to 15+ highly liquid stocks index CFDs from across the globe. Fast execution and transparent pricing provide a great index trading experience, and the platform has a strong correlation between its index CFD and forex markets, offering leverages up to 1:500. The top-performing indices on VT Market include BVSPX and GER40, both of which come with respective minimum spreads from 1,500 pips and 0.0 pips respectively. These two examples illustrate the wide variance of the spreads, which we will expand upon later on in this broker’s review.

Vt Markets Indices

Forex

Forex pairs offer another diverse way, in themselves, to trade on VT Markets. The platform offers a sizable portfolio of 40+ currency pairs, including major, minor, and exotic currency pairs. These offer a way to expand your investment, improve your risk profile, and engage with various levels of market activity. If you wish to engage with highly traded pairs, the major currencies like USD/CHF and USD/JPY are the way to go. Alternatively, the minor and exotic pairs are options with successively less trading activity; the minors include EUR/GBP and NZD/JPY, and the exotics include EUR/THB and USD/SEK.

Vt Markets Forex Pairs

ETFs

If you want to diversify your trading portfolio with bundles of securities, VT Markets ETFs offer a decent investment opportunity. With up to 50+ sector-grouped ETFs, the platform allows you to enter some of the best-traded securities exchanges across the globe. Leverages are up to 1:33, and the maximum contract size is generally 1.

Vt Markets ETFs

Bonds

The market for government bonds is accessible on VT Markets, with its portfolio of 5+ bond CFDs. The minimum leverage is pretty favourable at up to 1:100 and very low spreads, typically from 0.4 pips. Moreover, you can trade in not just government bonds but also municipal, agency, and corporate bonds, as well as both secured and unsecured bonds. 

Vt Markets

Spreads

VT Markets has floating spreads that change from time to time and also depend on the asset and account type. We will discuss the spreads with regard to these factors in the fees and commissions section of this review. For now, we will point out that the forex spreads vary between currency pairs, with the lowest being from 0.3 pips for EUR / CHF.

Leverage

VT Markets offers large forex leverage at up to 1:500. However, depending on what regulatory jurisdiction you are from, you may only be able to use a fraction of that leverage. For instance, if you are trading from within Australia, ASIC regulation limits your allowable leverage to 1:30 for major currency pairs and up to 1:20 for minor currency pairs.   

Here are the forex pairs you can trade on VT Markets, their leverage, and spreads.

InstrumentsCFD Standard Account Minimum Spread (From)Leverage (Up to)

FOREX 

Major Forex Pairs

EUR/USD0.4 pips1:500
USD/JPY0.4 pips1:500
GBP/USD0.4 pips1:500
NZD/USD1.0 pips1:500
AUD/USD0.4 pips1:500
USD/CHF0.6 pips1:500
USD/CAD1.0 pips1:500

Minor Forex Pairs

AUD/CHF0.7 pips1:500
AUD/JPY1.2 pips1:500
AUD/CAD1.0 pips1:500
AUD/NZD1.2 pips1:500
CAD/CHF0.6 pips1:500
CAD./JPY1.5 pips1:500
EUR/GBP1.4 pips1:500
EUR/AUD1.3 pips1:500
EUR/JPY0.5 pips1:500
EUR/CAD0.6 pips1:500
EUR/CHF0.3 pips1:500
EUR/NZD2.7 pips1:500
GBP/JPY1.4 pips1:500
GBP/CAD1.7 pips1:500
GBP/NZD3.3 pips1:500
GBP/AUD1.9 pips1:500
GBP/CHF1.2 pips1:500
CHF/JPY1.5 pips1:500
NZD/JPY1.5 pips1:500
NZD/CAD1.3 pips1:500
NZD/CHF0.9 pips1:500

Exotic Forex Pairs

AUD/SGD1.3 pips1:500
CHF/SGD3.0 pips1:500
EUR/HUF46.0 pips1:500
EUR/TRY130.1 pips1:500
EUR/PLN26.2 pips1:500
EUR/SEK36.6 pips1:500
EUR/SGD1.5 pips1:500
GBP/SGD3.4 pips1:500
USD/BRL30.2 pips1:500
USD/CLP64.2 pips1:500
USD/CNH2.5 pips1:500
USD/COP254.9 pips1:500
USD/HUF42.6 pips1:500
USD/INR274.8.0 pips1:500
USD/NOK4.3 pips1:500
USD/PLN26.4 pips1:500
USD/SEK4.3 pips1:500
USD/SGD1.0 pips1:500
USD/THB140.0 pips1:500
USD/TWD8.4 pips1:500
Commodities
Crude Oil16 pips1:333
US Oil 12 pips1:333
Brent Oil 36 pips1:333
Brent Crude Oil 0.056 pips1:25
Natural Gas5.0 pips1:20
Gasoline25 pips1:20
Gasoil58 pips1:20
Gold1.0 pips1:500
Silver18 pips1:100
Copper26 pips1:50
Cocoa50 pips1:20
Coffee29 pips1:20
Orange Juice89 pips1:20
Raw Sugar50 pips1:20
Cotton152 pips1:20
Soybean 20 pips 1:20
Wheat12 pips1:20
Platinum 244 pips1:20
Palladium 152 pips1:20

VT Markets Fees and Commissions

Generally speaking, VT Markets fees are very low, a state of affairs which the platform prides itself on. The number of fees it does charge is quite few, and they’re mostly for forex. In this section of the review, we will consider the fee structure under two types: trading fees and non-trading fees.  

Vt Markets Fees and Commissions

Trading Fees

Trading charges are usually charged per trade, and they are based upon trading activities, such as placing buy or sell orders or leaving a trading position open. The trading costs that do accrue on VT Markets are the spreads and rollover fees or swap rates. While the platform has a $0 commission policy for trades in other accounts, it does charge a small commission on its ECN accounts.

Spreads

While VT Markets spreads differ according to the asset type, you can generally get a fixed minimum spread that depends on the account you are using. If you use a Standard account, you have minimum spreads from 1.2 pips. If you use the ECN account, the spread is from 0.0 pips.

Commissions

If you trade on an ECN account, you will have to pay ECN charges per lot on your trades, and the amount will depend on your account base currency. The round turn commissions are $0.06 for AUD, CAD, and USD accounts, £0.04 for GBP accounts, and €0.05 for EUR accounts. 

These are all for 0.01 lot, though; the round-turn commission for complete singular lots are $6 for AUD, CAD, and USD accounts, £4 for GBP accounts, and €5 for EUR accounts.   

Rollover/Swap Rates

Spot trading forex positions on VT Markets are typically settled up to two days after they are opened. But any positions you carry over onto the next day will be subject to financing or swap rates. These rates are dependent on the market conditions and the interest rates of the relevant countries where those pairs come from. The swap rates are also steadily updated and can be monitored via the Market Watch panel on MT 4.

Non-Trading Fees

Unlike trading fees, non-trading fees are not tied to trading activity—at least, not directly. They are usually charged for such things as maintaining the site or for almost any other passive/non-trading thing you do on the site. These include deposit or withdrawal fees, inactivity fees (charged for leaving your account dormant for a while), or administrative charges, none of which VT Markets charges.

VT Markets Trading Platforms

VT Markets has pretty robust platform availability, though it lacks a proprietary desktop app. It offers both proprietary and third-party options, including high-tech trading solutions powered by TradingView,  which it offers in Webtrader format. This review section will examine one option each for desktop and mobile platforms, as well as how to register an account and start trading. 

Vt Markets Trading Platforms

Desktop Trading Platform

For those who want the desktop option, VT Markets offers a wide enough array of top-notch options to choose from. The Webtrader and Webtrader+ are the best desktop options, with the latter being powered by and benefiting from the high-tech features of TradingView. There are also MT 4 and 5 desktop app options. However, we will concern ourselves with the Webtrader, which operates on an MT4 engine. We will first discuss its features and then talk about how to open an account. 

Vt Markets Web Trader

Charts

The charts on the VT Markets Webtraders are very comprehensive; being powered by MT4, they are also very customizable. They enable you to keep a close and detail-alert eye on the market trends of any asset. 

Vt Markets charts

Search Function

While the asset lists are pretty easy to reach, you can also save yourself some time and down-scrolling effort by employing the Webtrader’s search feature. 

Vt Markets Search Function

Market Watch

The market watch feature is a section of the trading screen on which a selected list of some high-trading assets is displayed, along with their trend status (up or down) and ask/bid price.  

Vt Markets Market Watch

One-Click Trading

This feature allows you to bypass the need for multi-step order-placing procedures and place your orders with one click on the ‘Buy’ or ‘Sell’ options as needed. 

Vt Markets One Click Trading

Orders

Placing orders on the VT Markets Webtrader is a relatively simple process; the platform allows you to customise your order with its stop-loss, take-profit, and execution type selection. 

Vt Markets Order Page

How to Open an Account and Trade on the VT Markets Webtrader?

Opening an account on this broker is a straightforward process you can complete in 5 minutes or less. All you need to do is follow these steps we will now outline. 

  1. On the VT Markets Webtrader page or the Homepage of the website, click on “Open a Live Account.” upon which you will be taken to the sign-up page. All you have to do here is provide your email and country of residence and generate a secure password. Account opening page on Vt Markets
  2. You will be taken to the secure client area, from where you can complete your registration. The next order of business is to supply your Personal information, such as your name, gender, date of birth, etc., and then click ‘Next’ to proceed. Vt Markets Registration Page
  3.  The next thing is to set your account parameters, including the type, base currency, and platform (MT 4 or 5). Tick the box to agree to the terms and click ‘Next’ to proceed. Account Setting Page on Vt Markets
  4. From here, you can either proceed to ID verification or fund your account and return after. To verify your ID, click on ‘Proceed to ID Verification,’ and you will be taken to the relevant page. ID Verification Page on Vt Markets
  5. On the ID Verification page, select your ID type and check that your personal details on the screen are in order, then click ‘Next’ to proceed to the next screen. Here, you are to upload a screenshot of the relevant ID document. ID Uploading Page on Vt Markets

Once you have uploaded your documents, you can return and fund your account while your ID verification is processed. You can do that by following these steps:

  1. Click on ‘Deposit now’ on the homepage of the secure client area. You will be taken to a page containing all the available payment methods, including information about their fees. Funding Methods on Vt Markets
  2. After selecting your payment method of choice, input your deposit amount and any important comments, then click ‘Submit.’ Deposit Page on Vt Markets
  3. On the next page, you will be required to provide your card details if you have chosen a card method. Bank transfers will require you to copy an account number and send the cash to top-up your account. Once done, click ‘Deposit’ to finalise the transaction. Vt Markets Deposit Page

Having funded your account, and once your ID verification is approved, you can now trade on your account by following these steps. 

  1. Use your new login details to log in on your chosen platform through the right server. Account login page on Vt Markets
  2. Using the market watch or search feature, locate the asset you would like to trade, then double-click it, and the order window should appear. Markets Order page on Vt Markets
  3. Set all the necessary trade parameters you wish, then click on “Buy by Market’ or ‘Sell by Market’ to place your order.  Vt Markets Market Order Page

Mobile Trading App

You can also trade on the go with VT Markets through its free-to-download proprietary mobile app, which you can download easily on Google Play Store or Apple Store. The app offers a pretty sleek and user-friendly interface and many features that make trading worthwhile. To be sure, mobile users can also use the MT4 or MT5 app. However, we will concern ourselves with the proprietary mobile app and its features.

Vt Markets Mobile App

Watchlist

In the watchlist feature, you have a reasonably detailed overview of some of the top-performing markets and assets at any given time, allowing you to monitor assets you’re interested in. 

Vt Markets Watchlist

Search

The app’s search feature allows you to find assets not already on your watchlist seamlessly. 

Search Page on Vt Markets

Economic Calendar

With the economic calendar, you can keep track of significant events, such as releases, court rulings, mergers, deals, etc., that might affect a trading instrument of interest to you. 

Economic Calendar on Vt Markets

Learn

This is where you can go on the app to learn what you need to know about various asset types and the minutiae of trading. 

Learning Page on Vt Markets

Analysis

This part of the app contains illustrated expert analysis of market trends and, sometimes, trading strategies. 

Market Analysis page on Vt Markets

How to Open an Account and Start Trading on the VT Markets Mobile App

Trading on the VT Markets mobile app is as straightforward and seamless (arguably even more so) as doing the same on a desktop. These are the steps to getting into your first trade on the mobile app. 

  1. Sign up by following the same steps we outlined for the desktop platform; only it will begin with a contact verification process. Sign up page on Vt Markets
  2. Once you have signed up and verified your account, you can log in using your details. Vt Markets login page
  3. Once you have logged in, use the search box to find the asset you want to trade, or you can select it from your watchlist. Vt Markets Watchlist on Mobile App
  4. Click on your asset to open the order window; after setting all the trading parameters necessary, you can click on ‘Confirm’ to authorise the order. Order Confirmation page on Vt Markets

VT Markets Account Types

VT Markets does not offer very many account options. However, the types that it does offer cover the needs of most traders. There are three types altogether (four if you count the demo account), namely the Standard, Raw (ECN), and Swap-free or Islamic account. This review section will look at each of these account types. 

Vt Markets Account Types

Demo Account

As not all new clients have the experience of trading CFDs, VT Markets offers a demo account option. This account comes with up to $100,000 in virtual funds that you can use to practise trading in a variety of simulated markets. The features you can access on the demo account depends on which of the platforms you are using it from. Furthermore, within demo mode,  you can create as many accounts of the different available types as you like and test them out to see which ones suit your trading style the most.

Standard STP Account

The standard account is the next level for traders who are confident they can now take on the live market and its attendant risks. It is also the account option that’s best suited for forex trading, with its high-speed STP execution. 180+ FX, indices, commodities, and share CFDs are available on this account through MT4. Moreover, it features tight spreads from 1.2 pips, $0 in commission charges, and a minimum trading size of 0.01 lot. Using this account requires a minimum deposit of $100, and its base currencies are AUD, USD, GBP, EUR, and CAD.

RAW ECN Account

This account type uses ECN execution and allows you to trade with ultra-low spreads from 0.0 pips. It is a cost-effective option for trading forex via ECN, offering one of the lowest commissions for an ECN-based account at $6 per standard lot. The account type is available on MT4 and MT5; it also allows up to 9 different ways of connecting to MT4. The minimum deposit for operating this account is also  $100, and it also has a minimum lot size of 0.01 lots.

Islamic (Swap-Free) Account

This is the account for the muslim trader whose faith requires that he neither take nor pay interest. This account allows muslim traders to trade without paying swaps. With its standard STP and RAW ECN version, islamic traders can enjoy the full benefits of STP and RAW execution, including access to the tight spread or ultra-low spread features. Each type shares basically the same features as its non-swap-free counterpart, including the minimum trade size and deposit, MT4 and MT5 availability, and base currencies.

VT Markets Payment Methods

Deposits and withdrawals at VT Markets are possible through a number of different payment methods that the platform offers. There are about ten (10) such methods available, and they range from regular bank wire and card transfer methods to e-wallets and other online transfer methods. In this section of our review, we will overview the options for funding on the platform, and we will also talk about the base currency options.  

Vt Markets Payment Methods

Deposit Methods

VT Markets requires all deposits to be made through its secure client portal as part of its deposit and withdrawal policy. Also part of its policy is the requirement that deposit facilities be used only for trading purposes, and all deposits must be made from an account in the same name as the trading account. Moreover, there is a return-to-source refund policy as well as a prohibition of third-party deposits, while the platform spices things up for clients by covering all merchant charges for deposits made through Neteller, E-wallets, Alternative Payment Methods (APMs), Skrill, and credit cards. 

The available payment methods are Bank Wire Transfer (including Instant Bank Transfer for Vietnam, Thailand, and the UK), Mastercard/Visa, Google Pay, Skrill, Neteller, FasaPay, AliPay, Union Pay, and  Apple Pay. Here are the methods, their speeds, and their individual minimum deposits. 

Deposit MethodSpeedMinimum Deposit
MastercardInstantNone
VisaInstantNone
Bank Transfers1-3 Business daysNone
NetellerInstant$5
SkrillInstant$5
Google Pay3-5 Business days$10
FasaPayInstant$5
Union PayUnder 12 hoursNone
AliPayUp to 4 Business daysNone
Apple Pay1-3 Business daysNone
Crypto PaymentsIn 1 HourNone
Perfect MoneyInstantNone
MoneybookersInstantNone

Withdrawal Methods

Withdrawals come with basically the same conditions as deposits, including the requirement for accounts in the same name as the trading account. Additionally, the platform requires that all withdrawals should be made to accounts used to deposit the funds. While withdrawals will generally be processed within 1 business day, they may take up to 7 business days to reflect on your account, depending on the withdrawal method used. Moreover, the minimum withdrawal amount depends on your withdrawal currency. For example, credit card withdrawals in USD, AUD, and CAD have to be $40 at minimum, while withdrawals in JPY, GBP, and EUR must be at least ¥4000, £30, and €35, respectively.

How to make a withdrawal on VT Markets

Withdrawing your funds from your VT Markets account is as easy as pie; you only need to follow these simple steps, and you can place your withdrawal order in no time.

  1. Access your client portal using your login details. 
  2. Click on ‘Funds’ on the left side bar, and then, ‘Withdraw funds.’
  3. Select your trading account and enter the amount you would like to withdraw. 
  4. From the dropdown menu, select your preferred payment method, enter the relevant information, and then submit your withdrawal request. After processing, your funds will reflect in your receiving account.

Education at VT Markets

VT Markets offers a selection of educational resources that this section of the broker’s review will overview briefly. 

The relevant materials on the broker take two main forms: the trading tools and educational  materials proper. The main educational materials are not that diverse, and the broker still has a bit further to go in that regard. It offers a number of guides, including the Learn-Forex, MT4 Guide, and the Trading Central tools guide. The MT4 Guide, in particular, comes in handy for both MT4 and Webtrader users, as does the Daily Market analysis features. 

The other category, the trading tools, helps to maximise your trading experience. To add to the help from the Guides, the platform allows you to interact with and get insights from an expert advisor. In addition to this, you can also take advantage of the VT Markets Economic Calendar, the Trading Central MT 4 tools, and the Forex signals. And if you run multiple accounts, you can always take advantage of the platform’s Multi Account Manager and Percent Allocation Management Module (MAM/PAMM). These management solutions are designed in partnership with MetaFX, and they are very customizable. 

In all, the broker performs pretty commendable where education, research, and trading tools are concerned. 

Vt Markets Education

VT Markets Customer Services

The customer support on VT Markets is not without its flaws, as we will soon see. However, the platform does offer enough easy ways for its traders to get the assistance they need in case of difficulty.

To start with, there is the Live Chat option, which is arguably the best among the other options. There is a chatbot to take initial queries, and you can ask to speak to an agent and be linked up within seconds. The live chat is always active, although you will not be able to reach an agent on weekends. There are also email and phone line customer support channels, in addition to social media handles on Twitter, Facebook, LinkedIn and YouTube. However, email response is not very fast, and getting a call in can be hard. 

Vt Markets Education

VT Markets Reviews

In this section of our VT Markets review, we will now try to see what users of the platform have to say about it. To find out, we will take user opinions from Quora, Reddit, ForexPeaceArmy, and Trustpilot.  

What Reddit Users Say About VT Markets

There is currently only one entry about VT Markets on Reddit, and it’s not so much a user opinion as it is an excerpt from an article that discusses the platform briefly. 

Vt Markets Reddit Review

What Quora Users Say About VT Markets

There are no comments about VT Markets on Quora as at the time of writing this article.

TrustPilot Users’ Reviews About VT Markets

Blessedly, we have some reviews to go on from Trustpilot – 328 of them, in fact, and the average star rating is 3.9 out of 5. A good number of the positive comments are about the user experience on VT Markets. For instance, this user finds the overall performance great and is really happy with the customer response process. 

Vt Markets Trustpilot Review

The negative comments revolve largely around having lost money on the platform, especially under circumstances that the user finds dubious. 

Vt Markets Trustpilot Review

ForexPeaceArmy Users’ Review About VT Markets

There are no comments about VT Markets on ForexPeaceArmy as at the time of writing this article. 

Is VT Markets Safe?

Next is the issue of VT Markets safety, trustworthiness, and reliability. This review section will examine four relevant aspects of safety: platform security, client money protection, and regulatory oversight.  

Regarding platform security, VT Markets does not seem to perform completely well. It does offer SSL encryption, to be sure; but it does not have a biometric lock, thus leaving app security to be kept going by only a password authentication. Then, there is client money protection, and the broker does not do too badly here. It keeps all client funds pooled together in segregated accounts with the Vantage International Group. However, the absence of any compensation scheme is a big letdown. 

Finally, there is regulatory oversight, and the platform does excellently there. As we know from before now, VT Markets is licensed by some of the best regulators around, including ASIC  and FSCA. 

Other Products and Services at VT Markets

In addition to the CFD trading services we have discussed throughout this VT Markets review, the platform also offers a number of other services that we will now discuss. These include its affiliate program, partnerships, cashback offers, and even social trading. 

Other Products and Services on Vt Markets

Copy Trading

This service allows you to engage in social trading via the platform’s VTrade copy trading platform. It gives you access to about 100+ forex pairs and is available on MT 4.

Vt Markets Copy Trading

Promotions

VT Markets has two promotional offers that new traders to the platform can enjoy. New users can be eligible for up to 50% welcome bonus and up to 20% deposit bonus on their first deposit. Additionally, there is also a cashback bonus for trading, where all credit bonuses gotten from other offers are converted into your cash balance at $3 per daily lot traded.

Vt Markets Promotions

Trading Contest

If you are confident in your skills and expertise as a trader, VT Markets offers you the chance to put those skills to use and win great prizes in its King of the Hill trading contest. 

Vt Markets Trading Contest

ClubBleu

This is the platform’s loyalty program, which allows traders to win exclusive rewards as a reward for steady engagement. Under this program, you can earn Trade Points that you can redeem as cash, trade vouchers, gift cards, and even exclusive online webinar tickets. 

Vt Markets ClubBleu

Institutional Services

If you want to offer brokering services under your own brand, VT Markets offers some neat, turnkey institutional client solutions that you can take advantage of. These include liquidity, risk management and reporting, APIs, and connectivity. 

Institutional Services on Vt Markets

VPS Hosting

The platform’s free Forex VPS hosting service will ensure that your MT4 runs 24/7 without any interruption. VT Markets Virtual Private Servers are some of the best, and they are particularly ideal when you are using a trading bot. 

Vt Markets Trading Tools

Partnership

If you want to earn extra income from partnering with VT Markets, there is an affiliate program just for you. Through the affiliate program, you can get exclusive access to tailored marketing tools and also earn commissions and rebates for referring in new traders.

Vt Markets Partnership

Bottom Line

And so, we come to the end of our comprehensive VT Markets review; what can we tell about the platform from everything we have examined?

To recap, the broker has a very decent and affordable fee structure, ideal for the retail trader. The VT Markets spreads may vary wildly across the instrument table, but choosing an appropriate account type can usually get you the most favourable spreads for your trading needs. Furthermore, it has very strong regulatory oversight from up to two high-trust agencies, one in Australia and the other in South Africa. 

Where platform options are concerned, the broker also does well, with its selection of more than three for both mobile and desktop trading. Account opening is also very simple and intuitive, taking less than 5 minutes to complete and start trading. 

Education and research on the platform don’t exactly fit the biggest idea of ‘robust,’ but there is just enough to make for reasonably solid client education, especially with the range of easy-to-learn tools. Customer support is standard and solid, and making payments or withdrawals is just a breeze. And, of course, one must not forget the very important issue of security. While VT Markets security lags in some areas (see the lack of biometric authentication or a compensation scheme), it is quite commendable overall. 

Q & A

By our assessment, VT Markets is a legit broker.

To login to your client portal, you need to access the login page, input your login details and click ‘login.’

VT Markets is well-regulated, as it has at least two high-trust regulators. 

Real stocks are not available on the broker.

The minimum deposit on the broker is $5 and $10 depending on the method you use.

To make a withdrawal, you need to go to the funds section of your client portal and place a withdrawal request.

Yes, the broker has a proprietary Webtrader for desktop users and also a mobile app for mobile users.

You can download the app by searching for it on your OS’s app store.

Yes, the broker offers copy trading via its VTrade platform.

VT Markets spreads can be very high, especially for some currency pairs.

No. The broker does not charge any fees for withdrawing funds.

No. VT Markets does not currently offer crypto trading.

You can download the MT4 app from your app store and link it to your VT Markets MT4 account.

The platform does offer withdrawal bonuses; however, they are in the form of credit, so you can’t withdraw them.

We only found VT Markets reviews on Trustpilot, and they are fairly balanced between positive and negative.