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VT Markets Review 2024

BrokerNotes.co

Written by BrokerNotes.co
Fact-checked by Steven Hatzakis, Joey Shadeck
Edited by Jeff Anberg

June 14, 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

7.3 / 10

Minimum Deposit

$100

Trust Score info

Average Risk
70

Pros and Cons

thumb_up_off_alt 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.

thumb_down_off_alt 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:

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 logoVT Markets
Education (Forex or CFDs) info Yes
Client Webinars info No
Videos - Beginner Trading Videos info Yes
Videos - Advanced Trading Videos info No
Investor Dictionary (Glossary) info 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 logoVT Markets
Minimum Deposit info $100
Average Spread EUR/USD - Mini info 1.2 info
Average Spread EUR/USD - Standard info 1.2 info
All-in Cost EUR/USD - Active info 0.8 info
Active Trader or VIP Discounts info No

VT Markets trading platforms and tools

tips_and_updates 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 logoVT Markets
Virtual Trading (Demo) info Yes
Proprietary Platform info No
Desktop Platform (Windows) info Yes
Web Platform info Yes
MetaTrader 4 (MT4) info Yes
MetaTrader 5 (MT5) info Yes
DupliTrade info 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 logoVT Markets
Android App info Yes
Apple iOS App info Yes
Mobile Economic Calendar info Yes
Mobile Alerts - Basic Fields info Yes
Mobile Charting - Draw Trendlines info Yes
Mobile Watchlist info Yes

VT Markets mobile app screenshots

How do I open an account with VT Markets?

  1. Visit the VT Markets website.
  2. Click on "Open Account" and fill out the registration form.
  3. Verify your email address.
  4. Complete the KYC process by submitting required documents.
  5. 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 logoVT Markets
Tradeable Symbols (Total) info 1000
Forex Pairs (Total) info 39
Social Trading / Copy Trading info Yes
Cryptocurrency (Physical) info No
Cryptocurrency (Derivative) info Yes
Spread Betting info 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 logoVT Markets
Visa/Mastercard (Credit/Debit) info Yes
Bank Wire (Deposit/Withdraw) info Yes
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info Yes
Neteller (Deposit/Withdraw) info 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.

About the Editorial Team

BrokerNotes.co

BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing.

Steven Hatzakis

Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

Joey Shadeck

Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

Jeff Anberg

Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.

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