VT Markets, the Australian subsidiary of VT Markets LLC (VIG), has over 10 years of experience and expertise in the global financial markets, providing easy and transparent market access to help clients achieve their financial goals.
Founded in 2016, VT Markets adheres to the concept of “Innovation Makes a Difference”, applies advanced technical support in the retail forex market, and offers clients an excellent trading experience, including real ECN accounts with original spreads, mobile trading/payment and powerful Client Portal, etc.
Advantages and disadvantages
VT Markets is considered a reliable broker due to its regulation by top ASICs. Vantage Group itself is a popular and reputable entity with good trading techniques, a range of instruments and low variable spreads. A wide variety of platforms are available, including MT4 and MT5, investment accounts and MAM accounts.
On the other hand, it has a limited portfolio of trading and educational tools.
Open an account with VT Markets
80% of retail investor accounts lose money when trading CFDs with this provider
Is VT Markets safe or a scam?
Yes, this broker is safe to trade, it is an established Australian broker, Vantage Global Prime Pty Ltd, complies with the world-renowned regulations of the Australian Securities and Investments Commission (ASIC) respectively.
In addition, VT Markets serves an additional entity serving clients worldwide through its offshore branch in the Cayman Islands. Of course, we would never recommend trading with an offshore broker, however, since VT Markets also follows the prestigious ASIC license, this means that the broker is strictly regulated in terms of operations.
In accordance with ASIC’s regulatory guidelines, the company offers professional liability insurance covering the work done by its representatives, employees and agents. In addition, client funds are held in segregated accounts with the Commonwealth Bank of Australia (CBA), which is rated AA in Australia.
Open an account with VT Markets
80% of retail investor accounts lose money when trading CFDs with this provider
Leverage
Leverage is a well-known tool that obviously increases the initial capital of your trade and can be a very useful tool to amplify your potential gains, but if you use it wisely. However, always be aware that high leverage can also work in the other direction.
Due to a number of regulations in different jurisdictions, VT Markets brokers are subject to specific regulatory restrictions that may apply to the differences in leverage offered. Therefore, when trading with VT Markets’ global/offshore entities, you can benefit from high leverage levels of up to 1:500 on major currency pairs. For Australian clients, leverage remains a broker, allowing the following:
- 30:1 Forex
- CFDs on stock index 20:1
Trading tools
The marking range includes trading instruments, but only CFDs and Forex. CFDs include CFDs on indices, energy commodities, precious metals, US stocks and Hong Kong stocks. Crypto-currencies can also be traded as major currencies. Overall, this broker covers the most demanding trading markets, but does not offer real stocks or popular asset classes like ETFs.
The broker’s leveraged stock CFDs allow clients to trade long and short on some of the largest companies in the United States for as little as $6 per trade. In addition, traders can take advantage of 33:1 leverage, which means they can start with a small initial margin.
Account Type
VT Markets offers two account types, with STP and ECN execution models available via the MT4 or MT5 platform accordingly. In addition to some variety between the offerings, there may also be differences between the pricing models, so be sure to check the one that best suits your needs.
For those who adhere to Sharia rules and require specific trading conditions, the broker also offers Islamic or swap-free accounts.
Spread
Spread levels depend on the trading account you choose, with slightly higher spreads on standard accounts or raw quotes on ECN accounts. Therefore, the EUR/USD floating spread for STP accounts averages 1.2, while ECN offers only 0.0 for the same currency pair.
In addition, VT Markets’ standard STP accounts have some of the tightest spreads in the Forex trading industry. All RAW ECN account holders at VT Markets will benefit from competitive spreads and commissions of only $6 per spin per standard lot. See below for a comparison of spreads on standard accounts, and for example fees with another popular broker, eToro.
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Also, always consider rollover or swap rates as a transaction cost, as brokers charge a small commission on positions held for more than one day, defined by the instrument. In addition, Muslim traders have the option of trading via a non-swap account, which is suitable for followers of the creed and enforces the strictest rules.
Open an account with VT Markets
80% of retail investor accounts lose money when trading CFDs with this provider
Deposits and withdrawals
VT Markets clients can fund their trading accounts in a number of ways, including domestic bank transfers, international bank transfers, BPAY, Skrill, Neteller, broker-to-broker transfers, POLi, fasapay and credit or debit payment cards. Customers can also deposit in Bitcoin.
VT Markets Minimum Deposit
The standard VT Markets account has a minimum deposit of $200 and is a great option for beginners or regular traders.
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Withdraw funds on VT Markets which supports a variety of payment options and VT Markets does not charge internal fees for electronic deposits or withdrawals. If processing fees are waived, some additional methods may incur high fees from your payment provider.
Trading Platforms VT Markets
When it comes to trading platforms, it offers an intuitive and comprehensive selection of software designed for traders of all sizes, combining simplicity and operability.
All trading accounts are accessible on all devices and platforms provided and one of the main objectives is fast and stable access to trading accounts. This includes updated versions of MetaTrader 4, MetaTrader 5, WebTrader and several mobile trading applications for iPhone and Android devices.
It offers its traders the official MetaTrader mobile app, allowing you to trade anytime, anywhere. All types of automated traders are allowed to use EA. For those with multiple accounts, the integrated Multiple Account Manager (MAM) software tool is an ideal and usable solution for placing high volume orders quickly and without limits.
VT Markets’ MetaQuotes WebTrader has the same intuitive design as the desktop version of MetaTrader, allowing you to access your trading account without downloading or installing the platform on your computer.
Social Business
In addition, VT Markets offers the ability to trade automatically via ZuluTrade. Through the ZuluTrade social trading platform, clients will have exclusive access to a large number of professional traders and profitable trading systems.
Open an account with VT Markets
80% of retail investor accounts lose money when trading CFDs with this provider
Educate
VT Markets offers its clients very limited educational materials and tools. Its learning section includes how-to guides, MT4 guides and Trading Central tool guides. Daily market analysis and daily video updates are also available for traders.
It will only support excellent research tools integrated into the platform and available for free. In addition, there is a demo account option so you can get trading ideas as well.
Conclusion of VT Markets
Overall, VT Markets has worked hard to ensure that its service is better and quite competitive with anything else in the market, which is a testament to its great benefits to you as a trader. In addition, as an ECN broker, the company represents a high level of integrity and excellent execution through its numerous liquidity providers and the FX interbank market. Traders of all levels can find their advantage, novice traders, as the account opening process is simple, deposit requirements are quite low, trading options are available and training is provided.
Open an account with VT Markets
80% of retail investor accounts lose money when trading CFDs with this provider
