About VT Markets
Who is VT Markets?
VT Markets is an online trading broker founded in 2015, with its headquarters in Australia. The company positions itself as a global multi-asset platform that aims to make trading simpler and more accessible for traders of all experience levels. According to the broker, it has attracted over 3 million registered users and more than 600,000 active clients, processing over 60 million trades monthly with a monthly trading volume exceeding $720 billion.
VT Markets offers trading in Forex, Gold, Silver, and Oil, and provides a range of account types designed to cater to different trading preferences and capital sizes. The broker emphasizes its technical infrastructure and customer-centric services as key strengths.
Regulation and Licensing
VT Markets is regulated by two financial authorities: the Australian Securities and Investments Commission (ASIC) and the Financial Sector Conduct Authority (FSCA) of South Africa. The ASIC license is a Market Making License, while the FSCA license is a Forex Trading License. These regulatory approvals allow the broker to operate in multiple jurisdictions and provide a level of oversight for client funds.
While the broker holds these licenses, traders should be aware that regulatory frameworks vary by region, and the level of protection may differ depending on the entity they are trading with.
Account Types
VT Markets offers several account types to accommodate different trading styles and investment sizes. The Cent ECN and Cent STP accounts require a minimum deposit of $50 (or 5000 USC) and are designed for traders who prefer to trade in smaller sizes. The Cent ECN account offers spreads from 0.0 pips with a commission of $6 per round turn, while the Cent STP account has spreads from 1.1 pips with no commission.
For standard trading, the broker provides the Standard STP account with a minimum deposit of $100 and spreads from 1.2 pips, and the RAW ECN account with a minimum deposit of $100 and spreads from 0.0 pips, charging a commission of $6 per round turn. Additionally, there are Swap-Free versions of the RAW ECN and STP accounts, which are suitable for traders who wish to avoid swap fees due to religious or personal reasons. The Pro ECN account is also available, with commissions on Forex and gold ranging from $2 to $4 per round turn, while silver and oil trades incur no commission.
Trading Platforms and Instruments
VT Markets provides trading in Forex, Gold, Silver, and Oil, focusing on these core asset classes. The broker does not disclose the specific trading platforms it supports, but it is common for brokers of this type to offer popular platforms such as MetaTrader 4 and MetaTrader 5.
The broker emphasizes competitive spreads and fast execution, which are important factors for active traders. However, the exact platform features and tools are not detailed in the available information.
Deposits and Withdrawals
VT Markets does not publicly disclose its deposit and withdrawal methods. However, based on user reviews, the broker supports various payment options, including e-wallets and cryptocurrencies. Some users have reported that crypto withdrawals are processed quickly, while others have experienced delays with other methods.
Traders should verify the available funding and withdrawal options directly with the broker, as the specifics may vary by region and account type.
Who is VT Markets For?
VT Markets aims to serve traders of all experience levels, from beginners to professionals. The availability of cent accounts makes it accessible for those with smaller capital, while the RAW ECN and Pro ECN accounts cater to more experienced traders seeking tight spreads and direct market access.
The broker's focus on Forex, Gold, Silver, and Oil may appeal to traders who specialize in these instruments. However, those looking for a wider range of asset classes, such as indices, equities, or cryptocurrencies, may need to consider other brokers.
Overview compiled by FXCanary from regulatory records and public data. full VT Markets review