VT Markets Review 2024
CFDs 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, founded in 2016, offers a broad range of forex and CFD trading services. Our research indicates that it is an average choice for traders due to its adequate offering of 39 forex pairs and 1,000 tradeable symbols. Although it boasts strong ratings in commissions and fees, and trading platforms, its educational resources are somewhat limited, making it a more suitable option for intermediate traders.
Overall Rating
Minimum Deposit
Trust Score
Pros and Cons
Pros
- MetaTrader Support: Provides both MetaTrader 4 and MetaTrader 5 platforms.
- Copy Trading and Signals: Includes copy trading and trading signals for advanced strategies.
- Competitive Fees: Highly recommended for its commission and fee structure.
Cons
- Basic Education Resources: Offers limited advanced educational content.
- Regulatory Coverage: Only one Tier-1 regulator (ASIC) and its offshore entity in Saint Vincent and the Grenadines offers no regulatory protection.
- Average Risk Trust Score: Has a trust score of 70, indicating average risk.
Ratings Summary
- Investment Types - 7.0/10
- Commissions & Fees - 8.5/10
- Trading platforms - 7.5/10
- Research - 7.0/10
- Mobile Apps - 7.5/10
- Education - 6.5/10
- Overall - 7.3/10
Can I trust VT Markets?
VT Markets is a trustworthy broker with regulation from ASIC in Australia. It is not publicly traded and lacks any other Tier-1 regulation, which may concern some traders. Its trust score is 70, indicating average risk according to ForexBrokers.com.
VT Markets is currently licensed and/or authorised by the following regulatory bodies:
- Tier-1 Regulators - Australian Securities & Investment Commission (ASIC)
- Tier-2 Regulators - Financial Sector Conduct Authority (FSCA)
- Tier-3 Regulators - None
- Tier-4 Regulators - None
Is VT Markets good for beginners?
VT Markets offers beginner education videos but lacks advanced educational resources. This makes it suitable for novice traders to some extent, though those seeking comprehensive education might look elsewhere.
Feature |
VT Markets
|
---|---|
Education (Forex or CFDs) | Yes |
Client Webinars | No |
Videos - Beginner Trading Videos | Yes |
Videos - Advanced Trading Videos | No |
Investor Dictionary (Glossary) | Yes |
VT Markets commissions and fees summary
VT Markets has a competitive fee structure with no inactivity fees and an average EUR/USD spread cost of 1.2 for its Standard STP account, slightly higher than the industry average of 1.08. The commission-based Raw ECN account is a bit more competitive with an effective spread of 0.83 pips. It requires a minimum deposit and offers active trader discounts. The broker is highly recommended for its commissions and fees.
Feature |
VT Markets
|
---|---|
Minimum Deposit | $100 |
Average Spread EUR/USD - Mini | 1.2 |
Average Spread EUR/USD - Standard | 1.2 |
All-in Cost EUR/USD - Active | 0.8 |
Active Trader or VIP Discounts | No |
VT Markets trading platforms and tools
Did you know? Trading platforms comparison
Of the 60+ brokers reviewed on BrokerNotes, 64% offer a proprietary platform, 100% offer a web platform, 91% offer a desktop platform, 11% offer cTrader, 14% offer ZuluTrade, 81% offer MetaTrader 4, and 64% offer MetaTrader 5.
VT Markets provides a robust selection of trading platforms, including MetaTrader 4 and MetaTrader 5. It is an average choice for trading platforms and tools.
Trading platforms offered: MetaTrader 4 and MetaTrader 5 are available.
Trading tools: A range of trading tools are included.
Copy trading: Copy trading is supported.
Feature |
VT Markets
|
---|---|
Virtual Trading (Demo) | Yes |
Proprietary Platform | No |
Desktop Platform (Windows) | Yes |
Web Platform | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | Yes |
DupliTrade | No |
VT Markets trading platform screenshots
Mobile trading apps at VT Markets
VT Markets' mobile trading apps are highly rated, making it a strong choice for traders who need to manage their accounts on the go.
Feature |
VT Markets
|
---|---|
Android App | Yes |
Apple iOS App | Yes |
Mobile Economic Calendar | Yes |
Mobile Alerts - Basic Fields | Yes |
Mobile Charting - Draw Trendlines | Yes |
Mobile Watchlist | Yes |
VT Markets mobile app screenshots
How do I open an account with VT Markets?
- Visit the VT Markets website.
- Click on "Open Account" and fill out the registration form.
- Verify your email address.
- Complete the KYC process by submitting required documents.
- Fund your account and start trading.
What can I trade at VT Markets?
VT Markets offers 39 forex pairs and 1,000 tradeable symbols, which is below the industry average of 3623 tradeable symbols.
Feature |
VT Markets
|
---|---|
Tradeable Symbols (Total) | 1000 |
Forex Pairs (Total) | 39 |
Social Trading / Copy Trading | Yes |
Cryptocurrency (Physical) | No |
Cryptocurrency (Derivative) | Yes |
Spread Betting | No |
VT Markets research screenshots
Account funding at VT Markets
VT Markets supports multiple funding methods, including bank wires, Neteller, credit cards, and Skrill. PayPal is not supported.
Feature |
VT Markets
|
---|---|
Visa/Mastercard (Credit/Debit) | Yes |
Bank Wire (Deposit/Withdraw) | Yes |
PayPal (Deposit/Withdraw) | No |
Skrill (Deposit/Withdraw) | Yes |
Neteller (Deposit/Withdraw) | Yes |
About VT Markets
VT Markets was founded in 2016. It provides forex and CFD trading services with a focus on offering competitive fees, robust platforms, and a wide range of tradeable symbols. It is regulated by ASIC in Australia.
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Methodology
At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points.
Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team.
All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14.
Note: The online brokers on our site provide the ability to trade forex in one or more ways, such as non-deliverable spot forex (i.e., rolling spot contracts), contracts for difference (CFD), or other derivatives such as futures. The availability of specific markets or features will depend on your country of residence and the broker's applicable brand or entity that services your account(s).
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.