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VT Markets Review 2024

By:
Vladimir Zernov
Updated: Nov 26, 2023
Overall Rating
4.2
  • Trust
    3.3
  • Fees
    4.5
  • Platforms and Tools
    4.5
  • Tradable Instruments
    4.7
  • Customer Support
    4.8
  • Research
    4.1
  • Deposit and Withdrawal
    3.9
  • Account Types and Terms
    4.9
  • Education
    2.5
  • How Did We Test and Rate This Broker?
    When trading forex and CFDs, understanding a broker's strengths and weaknesses is essential. We developed a proprietary rating system, which is the result of extensive research and hands-on evaluation by our expert reviewers. With a rigorous approach, our reviewers manually assess each broker, investing more than 50 hours per review, checking and testing the broker while analyzing over 250 variables to simplify the broker selection process for you. The categories we evaluate include trustworthiness, trading platforms, customer support, regulatory oversight, spreads, fees, the variety of instruments offered, education, and research tools. This unique rating system is specifically developed to ensure that the assessment is based on firsthand knowledge and experience. By dedicating a significant amount of time to each review, our team of experts can provide in-depth insights and help you make well-informed decisions when choosing the broker that best suits your trading goals.
    Chart

    Our Take on VT Markets

    Founded in 2015, VT Markets is a multi-asset online CFD broker offering access to a diverse portfolio that includes forex pairs, commodities, indices, stocks, ETFs, cryptocurrencies, and bonds. My research indicates that VT Markets operates under three entities: two of them are regulated by ASIC and FSCA, while the third entity remains unregulated.

    VT Markets facilitates trading through MetaTrader 4 and MetaTrader 5 and also offers the VT Markets App for trading on the go. One of the key strengths of VT Markets is its wide range of tradable instruments. Traders have access to various asset classes, ensuring there are always fresh and intriguing ideas to explore, along with low fees for most of the instruments I examined.

    Recommended in 4 best broker guides: 
    MetaTrader Crypto | ASIC | ECN | STP

    VT Markets Pros and Cons

    Pros Cons
    • Low trading fees.
    • Multiple deposit and withdrawal methods.
    • Good range of tradable instruments.
    • Third-party research tools.
    • Free VPS available to eligible clients.
    • The offshore entity is unregulated.
    • Limited educational support.

    VT Markets Highlights for 2024

    • The broker is regulated by Tier-1 and Tier-2 regulators. One entity is unregulated. VT Markets provides negative balance protection and holds clients’ funds in segregated accounts.
    • My tests showed that fees in the spread-based account were more attractive compared to the industry average.
    • The popular MetaTrader 4 and MetaTrader 5 platforms are available to the broker’s clients. The in-house VT Markets App can be used for trading on the go.
    • The broker offers a wide range of tradable instruments across various asset classes.
    • VT Markets has an interesting research offering but provides limited educational support.
    • Clients can use multiple deposit and withdrawal methods, which are available in various currencies.
    • Traders have the option to choose between spread-based and commission-based accounts.
    • My research showed that the customer support team delivers quick and professional answers.

    Who is VT Markets For?

    VT Markets has a low minimum deposit of $100 and offers low fees with the spread-based account, which is typically favored by beginner traders. Advanced traders will benefit from the wide range of tradable instruments, solid research support, and free VPS.

    I performed our tests with a Standard Account, using the MT5 desktop platform and MT5 mobile platform, opened with VT Markets (Pty) Ltd, regulated by FSCA. Some features and services may vary depending on where you reside.

    VT Markets Main Features

    ☑️ RegulationsFSCA (South Africa), ASIC (Australia), SVG FSA (Saint Vincent and the Grenadines)
    🗺 Supported Languages
    English, French, Thai, Chinese, Japanese, Vietnamese
    💰 ProductsCurrencies, Stocks, ETFs, Crypto, Bonds, Indices, Commodities, Futures
    💵 Min Deposit$100
    💹 Max Leverage1:500 (FSCA), 1:30 (ASIC), 1:500 (SVG FSA)
    🖥 Trading Desk TypeECN, STP, No dealing desk
    📊 Trading PlatformsMT5
    💳 Deposit OptionsWire Transfer, Cryptocurrencies, Neteller, FasaPay, Skrill, Credit Card, PerfectMoney
    💳 Withdrawal OptionsWire Transfer, Cryptocurrencies, Neteller, FasaPay, Skrill, Credit Card, PerfectMoney
    🤴 Demo AccountYes
    🗓 Foundation Year2016
    🌎 Headquarters CountrySouth Africa
    Risk DisclosureCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

    VT Markets Full Review

    Trust

    3.3
    How Did We Test the Broker's Trustworthiness?
    Assessing a broker's trustworthiness with your funds is vital. To help you make the right decision, we carefully checked each broker's regulatory license and examined how well they protect traders. Moreover, we looked at the broker's stability by studying their business history, corporate structure, and industry experience. Finally, we thoroughly reviewed all of the broker's legal documentation, including terms, conditions, and fees, and evaluated their transparency based on our analysis. Our hands-on approach ensures that even novice traders have the knowledge they need to make smart decisions.
    trust chart

    Founded in 2015, VT Markets has been in business for more than 8 years. The broker operates under three entities. Two entities are regulated by Tier-1 and Tier-2 regulators, while the third one is unregulated. VT Markets ensures that all clients’ funds are held in segregated accounts and provides negative balance protection.

    Regulation at FSCA

    VT Markets Regulations

    VT Markets operates under three entities:

    Why is it Important to Know Where Your Broker’s Subsidiary Is Regulated?

    Each regulator has its own requirements for brokers, which may differ substantially. Such requirements include leverage levels and specific protections offered to investors, such as negative balance protection, segregated accounts, and investor compensation funds. Traders must understand the differences between regulations to evaluate whether the broker suits their needs.

    VT Markets operates under three entities: VT Markets Pty Ltd (regulated by ASIC, a Tier-1 regulator), VT Markets (Pty) Ltd (regulated by FSCA, a Tier-2 regulator), and VT Markets LLC (registered in St. Vincent & the Grenadines). The entities hold clients’ funds in segregated accounts to ensure that clients’ money is not used for the broker’s own business purposes. The use of segregated accounts boosts the safety of clients’ funds in case the broker encounters financial problems. I have summarized key aspects of the broker’s entities in terms of regulation and safety in the table below:

    Entity Features VT Global Pty Ltd VT Markets (Pty) Ltd VT Markets LLC
    Country/Region Australia South Africa St. Vincent & the Grenadines
    Regulation ASIC FSCA Unregulated
    Tier Level Tier-1 Tier-2
    Segregated Funds Yes Yes Yes
    Negative Balance Protection Yes Yes Yes
    Compensation Scheme Indemnity insurance Indemnity insurance Indemnity insurance
    Max. Leverage 1:30 1:500 1:500

    Is VT Markets Safe to Trade With?

    VT Markets has two entities that are regulated by Tier-1 and Tier-2 regulators. In addition, the broker has an entity that is registered in St. Vincent & the Grenadines. The entities provide negative balance protection and maintain separated funds from the firm. The segregation of clients’ funds ensures that the broker cannot use them for its own purposes. Moreover, with negative balance protection, clients cannot lose more money than they have in their accounts. The broker also has indemnity insurance, which is an additional step to boost the safety of clients’ funds.

    Stability and Transparency

    In my tests for the Trust category, I also cover factors relating to stability and transparency. Here, I focused on how long the broker has been in business, the size of the company, and the transparency in terms of information being readily available.

    With more than 8 years in business, VT Markets has grown into a company with several hundred employees and offices in Australia, South Africa, St. Vincent & the Grenadines, and Taipei.My research showed that VT Markets is not publicly traded and does not have a bank parent, which is common for a broker. Clients can find the important legal documents in the dedicated section of the website, provided for each entity of the broker. These documents include Best Execution Policy, Client Agreement, Conflicts of Interest Policy, Key Facts Summary, Privacy Policy, and Risk Disclosure Notice. VT Markets’ clients can also read more about the broker’s regulations in the separate section of the website.

    Traders can additionally check details about commissions & spreads, account types, and deposit & withdrawal policy.

    In summary, my research indicated that VT Markets can be regarded as having a reasonable level of trust and stability due to the following factors:

    • Authorized by Tier-1 and Tier-2 regulators.
    • All entities offer negative balance protection and segregated accounts.
    • More than 8 years in business.
    • Easy access to important information on the company’s website.
    • It has issued professional indemnity insurance.

    Fees

    4.5
    How Did We Test the Broker's Fees and Commissions?
    Broker commissions and fees can be challenging to understand. To simplify this for you, we carefully examined all the broker's fee-related documentation and presented it in a clear, easy-to-understand format. Furthermore, we conducted hands-on tests on spreads and commissions for the most common instruments during both London and New York trading sessions. We then compared these real-time test results to the market benchmark we've established through our extensive experience evaluating the industry.
    fees chart

    My tests indicated that VT Markets’ trading fees for the Standard Account were mostly lower than the industry average, with competitive spreads and no commissions. Additionally, the broker stands out for not imposing inactivity or any other non-trading fees.

    VT Markets Trading Fees

    For this review, I tested the VT Markets Standard Account, in which the broker applies spreads and swap/rollover fees, but does not charge any commissions. Spreads are variable and depend on the liquidity situation for each instrument at a certain point in time.

    Typical spreads at the Standard Account

    VT Markets Spreads

    I tested the spread on the Standard Account during the London open at 8 a.m. UK time and shortly after the US open at 2.45 p.m. UK time. These are the most actively traded hours.

    I summarized my findings in the table below:

    Instrument Live spread AM Live spread PM
    EURUSD 1.4 1.5
    GBPJPY 2.2 1.7
    Gold (XAUUSD) 21 19
    WTI Oil 0.037 0.045
    DAX 0.6 0.6
    Dow Jones 1.4 1.1
    Apple n/a 0.15
    Tesla n/a 0.24
    Bitcoin 12.01 12.01

    My tests indicated that VT Markets offered low spreads for GBP/JPY, Gold, Apple, Tesla, DAX, Dow Jones, and Bitcoin. The spreads for EUR/USD and WTI oil were moderate, compared to the industry average.

    Swap Fees

    Instrument Swap Long Swap Short
    EUR/USD -7.8 3.12
    GBP/JPY 18.93 -33.85

    My research showed that swap fees for EUR/USD were moderate, while the swap fees for GBP/JPY were higher when compared with the industry average.

    Non-Trading Fees

    VT Markets does not impose inactivity fees, meaning that accounts can lie dormant for a period longer than 6 months without incurring any extra charges. The broker also refrains from charging any other non-trading fees.

    Are VT Markets Trading Fees Competitive?

    VT Markets provides attractive spreads for GBP/JPY, Gold, DAX, Dow Jones, Bitcoin, Apple, and Tesla. The spreads for EUR/USD and WTI oil were mostly in line with the industry average. In general, VT Markets has attractive trading fees at its Standard Account. On top of that, the broker also doesn’t charge any non-trading fees.

    Platforms and Tools

    4.5
    How Did We Test the Broker's Trading Platforms?
    We understand that platforms play a crucial role in your trading experience. That's why we spent many hours testing the broker's web, desktop, and mobile trading platforms to gain a real understanding of their usability, functionality, and overall performance. From experimenting with different order types to testing execution speeds, charting, and other features, we thoroughly examined every aspect of these platforms based on our trading expertise, helping you make an informed choice.
    platforms chart

    VT Markets offers two of the most renowned trading platforms in the world – MetaTrader 5 (MT5) and its predecessor MetaTrader 4 (MT4), catering to both novice and experienced traders. The broker also provides a user-friendly VT Markets Mobile App for trading on the go.

    MetaTrader platforms are often used by brokers as they provide a wide range of technical analysis tools and support algorithmic trading. Many traders have already used either MetaTrader 4 or MetaTrader 5, so they don’t have to spend time learning the features of the platform.

    VT Markets Desktop and Web Platforms

    In this review, I tested the MetaTrader 5 platform, analyzing charts, indicators, drawing tools, orders, and the general ease of use of the platform.

    MetaTrader 5 platform

    General Ease of Use

    MT5 is an advanced trading platform that could be tailored to traders’ needs. Its interface is rather intuitive, although some traders may want to search for tutorials to take a deep dive into MT5’s capabilities. In general, advanced traders would have no problems with MT5, while beginners may need to spend some time learning the fundamental features of the platform.

    For beginner traders, it’s beneficial to familiarize yourselves with various chart options, indicators, drawing tools, and order types. You may need to learn how to create watchlists and manage your trading positions. Despite the initial time and effort required, traders who invest in this learning, ultimately gain a powerful tool that helps achieve better trading results.

    While the general look of the MetaTrader 5 platform may seem a bit outdated, I find the platform fairly intuitive and easy to learn. However, for novice traders who have never had experience with this platform, it may initially appear overwhelming. VT Markets provides the standard MT5 offering, so those who have previously used the platform with other brokers will be ready to trade in a couple of minutes.

    Charts

    MT5 offers 97 indicators and 21 timeframes, which is more than enough to customize your charts and adjust them to your needs.

    Charts in MetaTrader

    Trend indicators, oscillators, volumes, Bill Williams indicators, and custom indicators help to design the chart you need.

    Available timeframes range from 1 minute to 1 month, providing traders with an opportunity to observe short-term developments, as well as significant multi-month trends.

    MT5 also supports:

    • lines
    • channels
    • Gann tools
    • Fibonacci tools
    • Elliott tools
    • shapes

    These tools are commonly used for decision-making in trading, so their inclusion is a must for any reputable trading platform.

    Each chart can be displayed as a bar, a candlestick, or a line. Candlesticks are generally the most popular among traders as they suggest plenty of various patterns that are used for making trading decisions. That said, other chart types also have their advocates.

    MT5 charts are accessible even to novice traders. Nevertheless, they also offer enough options for experts.

    Like most traders, I have my favorite indicators and drawing tools, which include RSI, moving averages, and channels. I use candlestick charts to benefit from the analysis of candlestick patterns. I find it easy to use and combine various indicators in MT5.

    Orders

    MT5 offers all main order types including:

    • Market orders. This type of order allows you to buy or sell the instrument at the current market price. It is used when the trader needs to establish a position in the fastest possible way. The main downside of a market order is the necessity to pay a spread, which is the difference between the bid price and the ask price
    • Limit orders. This order is used to buy or sell the instrument at a pre-set price or better. Limit orders are suitable when the trader wants to get a specific entry point and is unwilling to pay the current market prices.
    • Stop-loss orders. These orders are used to get you out of the position when the price is moving in the wrong way. The order is triggered when the price reaches a specified point.
    • Stop limit orders. This is a stop-loss order which puts a limit order instead of a market order, when triggered. This is a potentially risky way to close a position, and it should be used only by experienced traders.
    • Trailing stop orders. This order allows you to set a stop order that will move if your open position trends favorably. It is used to protect your profits in case the market direction changes.

    Different expiration types are available for all pending orders, including GTC (good-till-cancel), Today, Specified, and Specified Day.

    Personally, I strongly prefer limit orders and use them for both entry and exit points. These orders are highly effective in risk management, particularly during significant market movements when market orders can result in prices that deviate greatly from your expectations.

    Order entry in MetaTrader

    VT Markets Mobile App

    In this review, I have tested the VT Markets MetaTrader 5 Mobile App for Android.

    General Ease of Use

    The MT5 mobile app for Android is quite user-friendly. It provides charts, quotes, account balance info, an economic calendar, news, and other tools designed to help traders make informed decisions. As expected, traders have access to the standard features of the MT5 mobile app. If you’ve previously worked with the MT5 app, you’ll be able to begin trading in a short period of time.

    Mobile App

    Charts

    MT5 mobile app offers:

    • 30 technical indicators
    • 24 drawing tools
    • 9 timeframes
    • 3 chart types

    This selection of options is sufficient for mobile-based trading. I prefer using mobile app when I don’t have access to the desktop platform, but need to monitor the market and open positions. While the app is helpful in certain circumstances, it is not as efficient as the desktop platform, which remains the primary solution for traders who require fast and active trading capabilities.

    Orders

    The MT5 mobile app allows you to place market orders, limit orders, and stop orders. However, trailing stops are not available on mobile trading terminals.

    VT Markets VPS

    VT Markets offers a free VPS service for the MT4 platform. The broker covers the cost of the VPS hosting for clients who trade a minimum of 10 standard FX lots round turn per month.

    Tradable Instruments

    4.7
    How Did We Test the Broker's Tradable Instruments?
    For this section, we examined the broker's market offering, assessing the variety and depth of instruments and asset classes available for trading. Through our proprietary database, we then compared the results with other brokers. This comprehensive analysis allows you to determine if the broker offers the specific instruments and trading options you're looking for.
    tradable_instruments chart

    My research showed that VT Markets offers a diverse range of trading opportunities. In most categories, the number of tradable instruments exceeds the industry average. The broker presents an impressive selection of commodities, stocks, indices, and cryptocurrencies. Additionally, the inclusion of bonds offers traders a unique opportunity for diversification.

    VT Markets offers 57 forex pairs, 21 commodities, 800+ stocks and ETFs, 26 indices, 47 cryptocurrencies, and 7 bonds. The number of available forex pairs is moderate, while the number of other instruments is high.

    Commodities at VT Markets

    What are CFDs?

    CFDs (Contracts for Differences) are financial instruments that allow traders to bet on asset prices without actually holding the respective assets. The key advantage of CFDs is the access to significant leverage, which is typically not available when trading other instruments. Hence, CFDs are very popular in short-term trading.

    What Can You Trade with VT Markets?

    • 57 forex pairs. The list includes popular names like EUR/USD, GBP/JPY, and USD/CAD, as well as more exotic options.
    • 21 commodities. Gold, Silver, WTI oil, Natural Gas, Cotton, and other commodities are available for trading.
    • 47 cryptocurrencies. Traders have access to popular cryptos like Bitcoin and Ethereum, as well as more exotic names like the AI-related SingularityNET and Fetch.AI.
    • 26 indices. All major indices, including SP500, DAX, FTSE 100, are available.
    • 7 bonds. The list includes government bonds from the U.S., UK, and EU.
    • 800+ stocks and ETFs. Traders have access to stocks from the U.S., EU, and UK, as well as to ETFs on various sectors.
    Forex Shares
    EUR/USD | GBP/USD | USD/CAD Apple| Tesla | BNP Paribas
    Indices Cryptocurrencies
    Dow Jones | DAX | FTSE 100 Bitcoin | Ethereum | Fetch.AI
    Commodities ETFs
    Gold| WTI Oil| Natural Gas SPY| FAS| FAZ

    VT Markets provides access to forex pairs, indices, commodities, stocks, ETFs, cryptocurrencies, and bonds. While the forex selection aligns with industry standards, the broker shines in offering an extensive range of other assets. In my opinion, the offering is extremely broad, so traders will always find good trading opportunities for themselves. What sets VT Markets apart is its bond offering, a rarely featured asset in traders’ portfolios, yet an attractive option for those seeking diversification.

    Customer Support

    4.8
    How Did We Test the Broker's Customer Support?
    Traders often underestimate the importance of customer support, yet it proves to be a critical aspect during times of crisis. We put the broker's customer support to the test ourselves using all possible channels, such as chat, phone, and others. Our evaluation focused on the accessibility of live agents, as well as the helpfulness and professionalism of their responses. This way, we provide you with comprehensive insights into whether a broker can deliver full support when you need it most.
    customer_support chart

    VT Markets offers customer support through online chat, email, and phone. My tests showed that the customer support team responded quickly and provided professional answers.

    VT Markets Customer Support Test

    VT Markets customer support is available 24/7 via online chat, email, and phone. The support is offered in six languages, including English, French, Chinese, Japanese, Vietnamese, and Thai.

    During my tests, I posed various questions to the customer support team through the online chat. I inquired about the types of accounts the broker offers, the leverage, the inactivity fee, and the VPS service. The customer support was helpful and quickly answered my questions.

    Customer support at VT Markets

    Traders should note that the broker’s online chat also has a bot designed to answer the most common questions. In addition, clients can use the help center, which contains answers to frequently asked questions.

    Deposit and Withdrawal

    3.9
    How Did We Test the Broker's Deposit and Withdrawal Process?
    The deposit or withdrawal process can be tricky since you may encounter hidden fees or longer than expected processing time. To assess the broker's offerings, we examined their deposit and withdrawal options and conditions. Using our proprietary database, we then compared these results with those of other brokers.
    deposit chart

    VT Markets clients can deposit and withdraw funds via credit cards, bank wire, e-wallets, and crypto. The majority of deposit methods are processed instantly, while withdrawals may take a few days to complete.

    VT Markets Deposits

    Deposit Method Base Currencies Fees Processing Time
    Visa/Mastercard USD, AUD, GBP, EUR, CAD, JPY No Instant
    Bank Transfer USD, AUD, GBP, EUR, CAD, JPY No 2-5 business days
    Neteller USD, AUD, GBP, EUR, CAD, JPY No Instant
    Skrill USD, AUD, GBP, EUR, CAD, JPY No Instant
    Fasapay USD No Instant
    Perfect Money USD, EUR No Instant
    Crypto BTC, USDT No 1 hour

    VT Markets clients can choose between credit cards, bank transfer, e-wallets, and crypto for their transactions. These methods can be used free of charge. As is typical, the bank transfer is the slowest deposit method.

    VT Markets Withdrawals

    Withdrawal Method Base Currencies Fees Processing Time
    Visa/Mastercard USD, AUD, GBP, EUR, CAD, JPY No (for sums above 100 base currency) 3-7 business days
    Bank Transfer USD, AUD, GBP, EUR, CAD, JPY No (for one withdrawal each month) 3-7 business days
    Neteller USD, AUD, GBP, EUR, CAD, JPY 2% 1-3 business days
    Skrill USD, AUD, GBP, EUR, CAD, JPY 1% 1-3 business days
    Fasapay USD 0.5% 1-3 business days
    Perfect Money USD, EUR Not specified 1-3 business days
    Crypto BTC, USDT Not specified 1-3 business days

    VT Markets clients should note that the broker charges a fee of 20 base currency for withdrawals via credit cards and bank transfers that do not exceed 100 base currency. Fees apply to e-wallet withdrawals as well. However, VT Markets does not charge additional handling fees during the withdrawal process.

    Account Types and Terms

    4.9
    How Did We Test the Broker's Account Types and Terms?
    When it comes to achieving your trading goals, choosing the proper account is essential. We initiated our evaluation by personally opening an account with the broker, which allowed us to gain firsthand experience of the process and accurately asses, how fast and easy it is. In addition, we carried out an in-depth analysis of the account types and features offered by the broker, including spreads, maximum leverage, minimum deposits, and more. For a comprehensive comparison, we turned to our proprietary database and examined how this broker's account offerings and processes stacked up against other brokers.
    account chart

    VT Markets offers two account types: a spread-based Standard STP Account and a commissions-based RAW ECN Account. Islamic Account options are available for both types of broker’s accounts. A minimum deposit requirement of just $100 makes VT Markets an accessible broker for many traders.

    VT Markets clients can choose between a spread-based Standard STP Account and a commission-based RAW ECN Account. In the spread-based account, traders pay spreads as well as swap/rollover fees, while in the commission-based account, they enjoy tighter spreads but must also pay a fixed commission ($6 per standard lot, per round). Swap-free Islamic Account options are available for both spread-based and commission-based accounts.

    Account registration at VT Markets

    Why is Choosing the Right Account Type Important?

    Choosing an account that aligns with your trading needs is crucial. Typically, the traders should consider factors such as base currency options, contract size, commissions, fees, the number of pending orders/positions, and the minimum deposit size.

    What Account Types Does VT Markets Offer?

    Feature Standard STP Account RAW ECN Account

    Commission

    (excluding equities)

    No $6 (per round turn)
    Spread Variable From 0.0
    Minimum Deposit $100 $100
    Leverage 1:500 1:500
    Islamic Account Yes Yes
    Demo Account Yes Yes

    VT Markets’ clients can choose between the spread-based Standard STP Account and the commission-based RAW ECN Account. In these accounts, traders have access to leverage of up to 1:500. With a minimum deposit of just $100, both accounts are easily accessible for beginners. Importantly, an Islamic Account option is available for both types of accounts. Accounts can be opened with 5 base currencies, including AUD, USD, GBP, EUR, and CAD.

    What is CFD leverage?

    CFD leverage allows traders to hold a position without paying the full value. Instead, you pay a deposit, which is called margin, while borrowing the rest.

    In the VT Markets’ case, traders have access to leverage of up to 1:500. This is a high level of leverage, so traders should be careful and use appropriate risk management techniques.

    VT Markets Account Opening Process

    To open an account with VT Markets, follow these steps:

    • Visit the broker’s website and click on “Open a Live Account” button on the home page.
    • Provide your country of residence, email, and set password for the client portal.
    • Choose the account type and the platform you plan to use (MT4 or MT5).
    • Fill in your personal information and complete ID verification.

    In my case, the opening of the account took less than five minutes, and I quickly got to the client portal. I experienced no problems during this procedure.

    What is a demo account?

    A demo account is an account that allows you to test the broker’s services and your trading skills without risking your money.

    Please note that your trading experience will differ when you use a demo account compared to a real-money account, due to psychological factors: traders often find themselves under pressure when real money is at stake.

    While it’s a good idea to use the demo account for practicing and learning the trading platform, I would advise not to spend too much time on the demo.

    Research

    4.1
    How Did We Test the Broker's Research Tools?
    Research options offered by brokers may not be seen as the most important feature for some traders, but they can provide a competitive advantage. To assess the broker's research offerings, we personally explored and tested both proprietary and third-party tools and content, such as Fundamental and Technical Analysis, Market News, educational videos, and webinars. After evaluating the availability and quality of the overall research offering, we compared the results with our benchmark to provide a comprehensive analysis of the broker's research capabilities.
    research chart

    VT Markets offers a variety of research tools catering to both beginner and advanced traders. Some of these tools are accessible exclusively through the client portal, while others are available directly on the broker’s website.

    VT Markets offers the ProTrader tools suite, accessible through the client portal for traders who open a live account with the broker. These tools include Market Buzz, Featured Ideas, Economic Calendar, Analyst Views, and the Acuity Signal Centre. Traders will find additional news feeds and trading ideas, always a useful feature.

    VT Markets also provides Alpha Generation indicators for MetaTrader. Offered in partnership with Trading Central, they are available to existing clients with a minimum balance of $500. I find the Adaptive Divergence Convergence (ADC) tool especially interesting, as it adapts its lengths based to the market conditions to avoid excessive signals.

    On its website, VT Markets presents the Daily Market Analysis, which contains a thorough discussion of the technicals and fundamentals of various instruments, along with key economic data. As expected, an economic calendar is also provided on the broker’s website.

    Economic calendar at VT Markets

    Traders should note that the use of special third-party tools like Acuity Signal Centre, exclusive to clients with a live account, aligns with modern trends. As such, do not expect too much from the website-based research offering. In my opinion, VT Markets provides sufficient research tools for its clients.

    Education

    2.5
    How Did We Test the Broker's Education Offering?
    Gaining knowledge about trading in the financial markets can make the difference between success and failure. To assess the broker's educational offerings, we personally tested and evaluated the quality of the content provided, considering its relevance for both novice and experienced traders. We explored the range of materials available, such as articles, videos, webinars, and courses. After evaluating the content's volume, update frequency, and overall quality, we compared the results with our benchmark to provide a well-rounded analysis of the broker's education offerings.
    education chart

    VT Markets has curated a variety of educational materials including articles, an MT4 guide, and a Trading Central tools guide. While the information is valuable, its presentation lacks structure, potentially making it less user-friendly.

    On its website, VT Markets presents a collection of educational articles that cover a wide range of topics, from forex currency correlations to CFD trading strategies.

    These materials could appeal to both novice and seasoned traders. However, the content may be challenging to digest due to its unstructured presentation – the articles vary in topics without clear organization, and what are labeled as “guides” often turn out to be extensive articles rather than user-friendly instructions.

    MT4 guide at VT Markets

    This issue extends to the MT4 guide and the Trading Central Tools Guide, as well, where the quality content is present but hindered by its complex format.

    The Bottom Line

    VT Markets operates under three entities: VT Global Pty Ltd, regulated by ASIC (a Tier-1 regulator), VT Markets (Pty) Ltd, regulated by FSCA (a Tier-2 regulator), and VT Markets LLC, an unregulated entity registered in St. Vincent & the Grenadines. These entities provide negative balance protection and hold clients’ funds in segregated accounts for added safety.

    VT Markets offers a wide range of tradable instruments, including forex pairs, stocks, ETFs, indices, commodities, cryptocurrencies, and bonds. Clients can access MetaTrader 4 and MetaTrader 5 platforms, along with the in-house VT Markets App. The broker’s clients will benefit from low trading fees and third-party research tools, available for traders with a live account at VT Markets.

    Traders can choose between a spread-based account and a commissions-based account, and an Islamic Account option is available for both types. VT Markets offers various deposit and withdrawal methods, available in several currencies. My tests showed that the fees at the Standard STP Account were lower than the industry average for most instruments I measured, highlighting a potential advantage for cost-conscious traders.

    FAQ

    VT Markets is based in South Africa.
    VT Markets has entities regulated by ASIC and FSCA. The broker also has an unregulated entity registered in St. Vincent and the Grenadines. The entities provide negative balance protection and hold clients’ funds in segregated accounts.
    VT Markets charges spreads, commissions, and swap/rollover fees.
    VT Markets is a solid choice for beginners, due to its low minimum deposit of $100, low spreads on the spread-based accounts, and a helpful support team.
    Clients can use credit cards, e-wallets, bank transfers, and crypto to deposit money into a VT Markets account.
    The minimum deposit for VT Markets is $100.
    Clients can use credit cards, bank transfers, e-wallets, and crypto to withdraw money from a VT Markets account.
    Most withdrawal methods take 1-3 business days, while bank wire may take up to 7 business days.
    VT Markets offers leverage up to 1:500.
    To open an account with VT Markets, visit the broker’s website and click on “Open a Live Account.”
    VT Market offers MetaTrader 4, MetaTrader 5, and VT Markets App.
    Yes, VT Markets offers a demo account.
    Yes, VT Markets is suitable for scalping.
    Yes, VT Markets is suitable for hedging.
    Yes, VT Markets is suitable for auto-trading.
    No, VT Markets is not suitable for spread betting.
    Yes, VT Markets provides VPS for eligible clients.
    No, VT Markets does not operate a bank.

    See VT Markets Full Information

    Headquarters CountrySouth Africa
    Foundation Year2016
    RegulationsFSCA (South Africa), ASIC (Australia), SVG FSA (Saint Vincent and the Grenadines)
    Publicly TradedNo
    Number Of Employees150
    Trading Desk TypeECN, STP, No dealing desk
    Trading PlatformsMT5
    Restricted Countries
    North Korea, United States, Singapore
    Supported Languages
    English, French, Thai, Chinese, Japanese, Vietnamese
    Min Deposit$100
    Max Leverage1:500 (FSCA), 1:30 (ASIC), 1:500 (SVG FSA)
    Deposit OptionsWire Transfer, Cryptocurrencies, Neteller, FasaPay, Skrill, Credit Card, PerfectMoney
    Withdrawal OptionsWire Transfer, Cryptocurrencies, Neteller, FasaPay, Skrill, Credit Card, PerfectMoney
    Time to Withdrawal3
    Time to Open an Account5
    Crypto
    Ethereum, Bitcoin, NIL
    Products
    Currencies, Stocks, ETFs, Crypto, Bonds, Indices, Commodities, Futures
    Demo AccountYes
    OCO OrdersYes
    Offers HedgingYes
    Automated TradingYes
    API TradingNo
    Guaranteed Stop LossYes
    Guaranteed Limit OrdersYes
    Guaranteed Fills / LiquidityYes
    Economic calendarYes
    Trading From ChartYes
    One-Click TradingYes
    Expert AdvisorYes
    Social TradingYes
    AutochartistNo
    Trading SignalsYes
    Platform Languages
    Italian, Portuguese, Dutch, Chinese, Serbian, Arabic, Czech, Slovak, Swedish, Turkish, Thai, Korean, Vietnamese, Danish, Hungarian, English, French, Lithuanian, Farsi, Spanish, Russian, German, Bulgarian, Malaysian, Romanian, Japanese, Estonian, Greek, Croatian, Latvian, Hebrew, Polish, Indonesian, Slovenian
    24 Hours SupportYes
    Support During WeekendsYes
    Live ChatYes
    Daily Market CommentaryYes
    News (Top-Tier Sources)Yes
    WebinarsNo
    Deposit FeeNo
    Withdrawal FeeNo
    Inactivity FeeNo

    About the Author

    Vladimir ZernovBroker Analyst

    In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.

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    Risk Warning: Trading Forex and CFDs carries the risk of losing substantially more than your initial investment and should only be traded with money you can afford to lose. You don't own or have any rights to the assets that underly the derivatives (e.g. the right to receive dividend payments). Ensure you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please consider our legal documents and ensure that you fully understand the risks before you make any trading decisions. General Advice Warning: The information in this website is of a general nature only and any advice has been prepared without taking account of your objectives, financial situation or needs. Accordingly, before acting on the advice, you should consider the appropriateness of any advice having regard to your objectives, financial situation and needs, and after considering the legal documents. Regional Restrictions: The information or services described in this website is not directed at or offered to residents of North Korea, Japan, United States and some other regions or any other person in any jurisdiction where such distribution or use would be contrary to local laws or regulations. For more information please contact our support.