VT Markets Review 2022

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VT Markets is an Australian-based broker offering forex, stocks, and commodity trading.

Bonus50% Welcome Bonus
InstrumentsForex, commodities, cryptocurrencies, stocks, indices
Demo AccountYes
Min. Deposit$200
Payment Methods
Min. Trade0.01 lots
Regulated ByASIC, CIMA
MetaTrader 4Yes
MetaTrader 5Yes
cTraderNo
OmniTraderNo
AlgoTraderNo
TradingViewNo
Trading CentralYes
AutochartistNo
STP AccountYes
ECN AccountYes
DMA AccountYes
MAM AccountYes
PAMM AccountYes
LAMM AccountNo
Demat AccountNo
Mobile AppsiOS & Android
Margin TradingYes
Margin Rate1:500
Volatility IndexNo
Spot TradingYes
Perpetual SwapsNo
ELWsNo
REITsNo
AI / Machine LearningNo
Robo AdvisorNo
P2P TradingNo
Negative Balance ProtectionNo
VPS HostingNo
TournamentsNo
Demo CompetitionsNo
Managed AccountsNo
Market MakerNo
Auto TradingYes (EAs)
Social TradingNo
Copy TradingYes
Trade SignalsYes
Islamic AccountYes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Commodities
  • Gold
  • Silver
CFD TradingOffers CFDs on stocks, indices and commodities.
CFD FTSE SpreadVariable
CFD GBPUSD SpreadFrom 0.6 pips
CFD Oil SpreadVariable
CFD Stocks SpreadVariable
CFD Leverage1:500
Forex Trading40+ currency pairs available on majors, minors and exotics.
Forex GBPUSD SpreadFrom 0.6 pips
Forex EURUSD SpreadFrom 0 pips
Forex EURGBP SpreadVariable
Forex Assets40+
Risk Warning – Your capital is at risk

VT Markets is an Australian-based trading broker with over 12 years in the industry. In this review, we help you discover if the broker is right for you, with details on its available assets, trading platforms, leverage and more.

VT Markets Headlines

VT Markets PTY Ltd is an online trading broker that promises to be more than just a platform. It is based in Sydney, Australia, but has a global presence with clients in the EU, UK, Canada, and Asian jurisdictions, such as Singapore and Thailand. VT Markets now has over 70,000 clients on their books and has recently opened a new office in Malaysia that will offer regional support to customers and affiliates.

The firm was founded in 2016 as a subsidiary of Vantage International Group Limited (VIG), which is based in the Cayman Islands. The Managing Director and CEO is Chris Nelson-Smith. It is regulated by well-regarded global authorities: ASIC in Australia and CIMA in the Cayman Islands.

VT Markets aims to put innovation at the forefront of its services, with advanced technical support being a strategic objective for the firm. It caters to traders looking for high-speed execution, unrivalled customer support, and automated signals and bots.

Trading Platform

VT Markets prides itself on its technological capabilities. Therefore, it’s no surprise to see it offers the most popular trading platforms on the market: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Plus, VT Markets boasts the oneZero™ MT4 Bridge, which enables low latency and fast execution across multiple asset classes at all times of the day.

MetaTrader 4

The platform offers unbeatable functionality with:

MetaTrader 5

MT5 builds on this, offering an even wider selection of built-in tools and functionality.

VT Markets offers free downloads of MT4 and MT5 directly from their website. Just sign up for an account with the broker, download the software and log in using the credentials provided by VT Markets.

MetaTrader 4 at VT Markets
MetaTrader 4 at VT Markets

Products

VT Markets provides an impressive selection of assets across a variety of market types.

Spreads & Commission

With VT Markets, spreads are charged on forex, commodities and indices. The spread is the difference between the buy and sell price of an asset. It is essentially the mark up that a broker makes when selling to you. All spreads are live and vary by account type.

The ECN Raw account offers the lowest spreads in the industry. Prices are sourced directly from the large liquidity providers, meaning clients receive the same prices as institutional traders. Spreads start at 0 pips with this account. On the Standard STP account, spreads start at 1.3 pips for the EUR/USD, 1.8 pips on GBP/USD and 1.6 pips on AUD/USD.

To view the live spreads per asset, visit the MetaTrader platform and click ‘market watch’ then ‘spreads’.

On the ECN account, there are also commission charges to be aware of. These are priced differently depending on the trading account currency. For USD this is $0.03 (round turn $0.06) per 0.01 LOTS (1,000 base currency). For AUD this is AUD $0.03 (round turn $0.06) and GBP £0.02 (round turn £0.04).

Leverage

VT Markets allows traders to utilise leverage on both forex and CFD contracts. This means clients can open positions that are larger than their original deposit. Leverage multiplies the results of a trade, so a position opened with a 1:20 leverage could make 20x the profits that the deposit would have. However, note that this also comes with risk since losses are amplified too. Therefore, traders should consider their risk appetite before making a leveraged trade.

VT Markets offer leverage up to 1:500 depending on the asset traded. This limit is available by application only via your Client Portal. In most jurisdictions, leverage limits apply due to the measures imposed by the regulatory authorities. Therefore, in order to reach these high leverage allowances, you may have to prove that you are operating as a professional trader.

In general, leverage is limited to 1:20, depending on the asset.

Mobile Apps

VT Markets offers MetaTrader 4 and MetaTrader 5 on a mobile app. This enables traders to operate while on the go, viewing their portfolio’s progress and executing trades at any time of day. The mobile apps offer a similar level of functionality as the desktop versions, however, most traders prefer to complete detailed analysis on the desktop, as the larger screen size makes operating easier. MT4 and MT5 are available for download on iOS and Android.

VT Markets also offers its own proprietary mobile app. It provides access to 230+ trading instruments, in-depth financial analysis and Smart risk-management.

VT Markets Mobile App
VT Markets Mobile App

Deposits and Withdrawals

To deposit funds with VT Markets, visit the Client Portal upon registration, click Funds and Deposit. Select from the payment methods available to begin the transaction. Both wire transfer and credit/debit card deposits are available. Plus, there is the option to deposit with AliPay, UnionPay and E-wallet. Deposits usually arrive in your account within 60 minutes of a successful transaction. If funds are not showing as expected, VT Markets advises you to contact deposit@vtmarkets.com with your transaction receipt, trading account number and the payment ID. The customer service team will investigate the issue and aim to resolve it as soon as possible.

The minimum deposit amount is 200 units of the base currency. This is a fairly high threshold to achieve, particularly for traders that are new to the platform. There are brokers in the industry that offer much lower minimum deposits, or none at all.

When withdrawing funds from VT Markets, first your payment details will need to be verified. Visit the Client Portal, ‘Funds’, then ‘Withdraw Funds’. Here you’ll be able to view your balance minus any bonus credits. Credit/debit cards and bank wire transfers take 3-7 days to process. Other payment methods can be much quicker. E-wallets and USDT withdrawals take 1-3 working days.

Demo Account

VT Markets offers a demo account option for all traders. To open one, visit the website and input your details. In just five steps, you’ll be ready to start practising. You’ll have the option to configure your account by selecting the platform, account type (which will impact the prices offered), base currency, leverage and account deposit amount. You’ll immediately be provided with the login details required to get started. Just visit the MT4 platform to start trading. Your account will be live for 90 days.

Promotions

New VT Markets clients can opt-in to a 50% welcome bonus up to $500. If your first deposit exceeds $1000, you’ll receive an additional 20% bonus for everything beyond that value up to a credit value of $10,000. However, be sure to read the terms and conditions. Credit cannot be withdrawn, and losses will come from your account balance, not the credit amount. Therefore, the bonus may not be beneficial to your bottom line.

Regulation

VT Markets is regulated by some of the top global authorities. In Australia, the firm is licenced with the Australian Securities and Investments Commission (ASIC). Australian clients will benefit from the security this provides, including negative balance protection and segregated client funds. The firm is also regulated by Cayman Islands Monetary Authority (CIMA) for global clients outside this jurisdiction.

Additional Features

VT Markets provides an exceptional range of additional services through some of the industry’s best third-party software providers:

Account Types

VT Markets offers three different account types:

Standard STP Account

Raw ECN Account

Islamic

Benefits

Drawbacks

Trading Hours

VT Markets is available for trading 24 hours Monday – Friday. With over 40 currency pairs, they’ll be a market open at all times of day. However, you’ll want to look out for the most liquid times for the best spreads.

Customer Support

VT Markets has a help centre on the website that will enable you to self-serve any answers to questions. This should be your first port of call for any queries. For more complex questions, try the live chat function.

VT Markets also provides a contact email address: ​​info@vtmarkets.com. For urgent queries, request a callback by visiting ‘contact us’ on the website. The broker has a presence on social media on both LinkedIn and Facebook, however, the pages are not responsive for customer service queries.

Safety & Security

VT Markets promises the following with regards to the safety of your personal information and funds.

VT Markets Verdict

VT Markets is a great choice for traders looking for tight spreads combined with strong technological capabilities. With fast execution speeds and unrivalled access to some of the top third-party software, including MT4 and MT5, ZuluTrade, and Trading Central, VT Markets has combined the best of the industry to deliver an all-in-one service to it clients.

FAQs

Is VT Markets A Legitimate Broker?

VT Markets is a legitimate online trading broker that is regulated by the Australian Securities and Investment Commission (ASIC). This can provide Australian traders with a significant level of trust since the Commission aims to protect retail traders from undue risk.

Is VT Markets Regulated?

Yes, VT Markets is regulated by the Australian Securities and Investment Commission (ASIC). For clients in Asia and the rest of the globe, the firm is also regulated by the Cayman Islands Monetary Authority (CIMA). This regulator is less stringent than ASIC or the European authorities, so traders should implement their own risk management strategies.

Does VT Markets Provide Swap-Free Accounts?

Yes, VT Markets offers swap-free Islamic accounts on both their Standard STP and Raw ECN options. Muslim traders can receive all the same benefits as the standard accounts, including tight spreads and no commission, all with the additional benefit of being swap-free.

What Trading Platforms Does VT Markets Provide?

VT Markets provides the well-regarded MetaTrader 4 and MetaTrader 5 platforms. These forex titans are hailed for their customisation and wide range of analytical tools.

Does VT Markets Provide A Welcome Bonus?

Yes, new VT Markets clients can benefit from a 50% welcome bonus up to a value of $500. For deposits beyond the $1000 mark, clients will receive an additional 20% bonus. However, make sure to read the terms and conditions. It is not possible to withdraw credit funds and losses will be taken from the account balance. Therefore, it’s not clear what benefit this would provide to your actual bottom line.

Accepted Countries

VT Markets accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use VT Markets from United States, Korea.

Compare VT Markets

Compare VT Markets with similar brokers that accept traders from your location. Among available brokers these are the most similar to VT Markets:

  1. InstaForex – InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, and energy, as well as stock indices. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.
  2. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. eToro USA LLC does not offer CFDs, only real crypto assets available.
  3. AAAFx – AAAFx offers CFD trading in forex, commodities, indices and cryptocurrencies.
  4. IG Group – IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.

VT Markets Comparison Table

Compare VT Markets With Similar Brokers
VT Markets InstaForex eToro AAAFx IG Group
Rating 4.7 4.4
Markets Forex, Stocks, Commodities Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit $200 €200 to €50,000 (depending on account type) $10 $10 £250
Minimum Trade 0.01 lots 0.01 Lots $10 0.01 lots 0.1 lots
Regulators ASIC, CIMA CySEC FCA, CySEC, ASIC, FSA HCMC (Greece), FSCA (South Africa) FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin
Bonus 50% Welcome Bonus 100% Deposit Bonus available for Global clients
Education No Yes No Yes
Platforms MT4, MT5 MT4, MT5 MT4, MT5 MT4
Leverage 1:500 1:30 for retail clients, 1:500 for professional 1:30 EU 1:30 EU, 1:500 Global 1:30
Payment Methods 4 10 14 8 6
Detailed Comparison VT Markets vs InstaForex VT Markets vs eToro VT Markets vs AAAFx VT Markets vs IG Group
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eToro
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AAAFx
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Compare Trading Instruments

Compare VT Markets Trading Instruments
VT Markets InstaForex eToro AAAFx IG Group
CFD Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Stocks Yes Yes Yes Yes Yes
Commodities Yes Yes Yes Yes Yes
Oil No Yes Yes No Yes
Gold Yes Yes Yes Yes Yes
Copper No No Yes No Yes
Silver Yes Yes Yes No Yes
Corn No No Yes No No
Crypto No Yes Yes Yes Yes
Futures No No No No Yes
Options No No No No Yes
ETFs No Yes Yes No Yes
Bonds No No No Yes
Warrants No No No No
Spreadbetting No No No No Yes
Volatility Index No No Yes No Yes

VT Markets vs Other Brokers

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VT Markets is an Australian-based broker offering forex, stocks, and commodity trading.