Trading is a way of life at VT Markets. Like the asset type, our drive for making trading easy is a derivative — one that comes from a philosophy of leaving the world a better place than when we found it.
They are also not shy to indicate that (since their establishment in 2015), they’ve already gained 400,000+ active clients. VT Markets boasts over 30 million monthly trades and a $300 billion trading volume, despite operating for less than a decade.
VT Markets Summary
🔎 Broker | 🥇 VT Markets |
📌 Regulations | ASIC, FSCA, FSC |
💴 Min. Deposit | 50 USD |
📊 Leverage (up to) | 500:1 |
☪️ Swap-Free Account | ✅Yes |
🆓 Demo Account | ✅Yes |
📌 Live Trading Accounts | Cent ECN, Cent STP, Standard STP, Raw ECN |
📈 MetaTrader 4 | ✅Yes |
📉 MetaTrader 5 | ✅Yes |
💹 Proprietary Trading Platforms | VT WebTrader+, VT Markets App |
🪙 Crypto Deposits | ✅Yes |
💶 Commission Fee | ECN Accounts |
💵 Withdrawal Fee | ✅Yes |
💷 Inactivity Fee | ✅Yes |
⭐ Education | Learning Centre |
🥰 Live Chat | 24/7 |
🤝 Partnership Options | IBs and CPA Affiliates |
🚨 Restricted Countries | The United States, Singapore, Russia |
⚙️ Trading instruments | Indices, Forex, Energies, Precious Metals, Soft Commodities, ETFs, CFD Bonds |
🚀Open an Account | 👉 Click Here |
Advantages Over Competitors
VT Markets provides true ECN accounts with raw spreads obtained straight from top-tier liquidity providers. In addition:
- Beyond the industry-standard MetaTrader 4 and 5, VT Markets provides WebTrader+ powered by TradingView, a cutting-edge platform that combines MT4/5 functionality with TradingView’s outstanding charting and analytical features.
- The Broker offers a diverse range of products across asset classes, including Forex, indices, energy, precious metals, soft commodities, ETFs, and CFD bonds.
- The Cent Account, with its modest minimum investment of $50 (5000 US dollars), lets traders access the market with minimal risk.
- VT Markets provides Muslim traders a swap-free accounts in both Standard STP and Raw ECN versions.
- The VT Markets ClubBleu Loyalty Program goes beyond standard reward systems, allowing traders to earn points depending on their trading behavior and redeem them for a range of incentives such as cash, vouchers, and trading equipment.
Finally, the VT Markets app provides a full trading experience on mobile devices, including over 1,000 assets, advanced trading tools, real-time notifications, and unique discounts.
Safety and Security
We visited the registers of each regulatory entity that VT Markets lists on the website to confirm the licenses. We’ve included links to allow traders to view these licenses.
When a trader resides in a specific country, they are automatically directed to the appropriate VT Markets entity’s website upon signing up.
🔎 Entity Name | 📌 Regulatory Authority | 📍 License Number | 📊 Jurisdiction | 📉 Notes |
1️⃣ VT Global Pty Ltd | Australian Securities & Investments Commission (ASIC) | AFSL 516246 | Australia | Current – can only provide services to wholesale clients under ASIC |
2️⃣ VT Markets (Pty) Ltd | Financial Sector Conduct Authority (FSCA) | FSP 50865 | South Africa | Authorized as a Category 1 Company that offers derivative instruments under “Advice Non-Automated” and “Intermediary Offer” and Forex Investment under “Intermediary Offer” |
3️⃣ VT Markets Limited | Mauritius Financial Services Commission (FSC) | GB23202269 | Mauritius | Authorized as a Sec-2.1B Investment Dealer |
In addition to its regulations, VTMarkets Ltd., the Cypriot entity, is registered in Cyprus under HE436466 but doesn’t currently hold a license from the Cyprus Securities and Exchange Commission (CySEC). This means that traders from this region will be onboarded through other entities.
VT Markets offers trading solutions to traders from around the world. The following countries are restricted:
- The United States
- Singapore
- Russia
- Jurisdictions listed on the FATF and Global Sanctions List
VT Markets does not disclose the identities of its banking partners on its website, despite being well-regulated having confirmed licenses, and implementing several security measures to ensure fund safety.
Bonus Offers and Promotions
Bonuses and Promotions are extremely lucrative and aim to draw in new traders while providing existing clients with ongoing benefits, increasing client retention. VT Markets offers a few bonuses that caught our attention.
ClubBleu Loyalty Program
ClubBleu is VT Markets’ reward program that extends beyond the traditional points-for-purchase approach.You gain Trade Points by actively trading and depositing funds. These points grant access to a treasure trove of prizes, including cash, trade vouchers, gift cards, special webinar access, and even a spin-the-wheel game with additional rewards.
Welcome Bonus
All new traders registering with VT Markets can start trading using a 50% welcome bonus according to their initial minimum deposit. This bonus only offers trading credit that can be used for trading, allowing you to gain more market exposure.
Key Features
- Get a 50% bonus on your initial deposit, up to $500.
- The bonus is credited to your account within one business day.
Deposit Bonus
According to VT Markets, this bonus is open to all VT Markets clients and provides a 20% bonus on deposits greater than $1,000. This is an excellent strategy to boost your trading money while potentially increasing your profits.
Key Features
- All deposits above $1,000 are eligible for a 20% bonus.
- The bonus is credited to your account within one business day.
- The maximum bonus amount is $10,000 (USD equivalent).
Active Trader Program
This unique program offers all qualifying traders interest of up to 13% yearly on eligible funds in their active trading accounts.
Key Features
- Earn 0.25 percent interest every week on qualified funds.
- Interest is credited once every four weeks.
- Multiple accounts can participate, but each must meet the requirements independently.
Rebates for Clients
VT Markets doesn’t currently have a rebate program that’s aimed at paying trading rebates to retail clients. Based on our experience, partners can earn commissions or rebates when they sign up for the Introducing Broker program.
However, apart from stating that IBs can benefit from competitive commissions and that there are flexible rebates and incentives, VT Markets does not provide comprehensive information.
Partnership Options and Features
VT Markets offers three unique partnership options: Introducing Broker and CPA Affiliates. They also cover MAM/PAMM Investor under their “Partners with VT,” which we’ll explore.
Account Types
We have conducted a thorough analysis of VT Markets’ wide range of account options to offer an impartial and informative evaluation for prospective traders. VT Markets offers a variety of account types that will likely suit different experience levels and trading strategies.
However, before we explore each account type that VT Markets offers, here’s a comprehensive overview and comparison of all account types.
🔎 Feature | 🥇 Cent Account ECN | 🥈 Cent Account STP | 🥉 Standard STP | 🏅 Raw ECN | 🎖️ Swap-Free (STP/ECN) | 🏆 Demo Account |
💴 Minimum Deposit | 50 USD | 50 USD | 100 USD | 100 USD | 100 USD | N/A |
💶 Minimum Withdrawal | 40 USD | 40 USD | N/A | N/A | N/A | N/A |
📈 Minimum Trading Size | 0.01 lot | 0.01 lot | 0.01 lot | 0.01 lot | 0.01 lot | N/A |
📉 Platform | MT4/MT5 | MT4/MT5 | MT4/MT5 | MT4/MT5 | MT4/MT5 | MT4/MT5 |
📊 Execution Type | ECN | STP | STP | ECN | STP/ECN | N/A |
💹 Spread from | 0.0 pips | 1.1 pips | 1.2 pips | 0.0 pips | 1.2 pips | N/A |
💵 Commission | $6 | $0 | $0 | $6 | $0 | N/A |
☪️ Swap Free | ✅Yes | ✅Yes | None | None | ✅Yes | N/A |
💷 Base Currencies | $ USC | $ USC | Various | Various | Various | USD |
📌 Applicable Product Types | Forex, Gold, Silver, Oil | Forex, Gold, Silver, Oil | Various | Various | Various | Various |
🚀Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here |
Cent Account
The Cent Account provides a distinctive opportunity for individuals interested in trading but reluctant to invest a large amount of money.
The Cent Account is an excellent resource for traders looking to gain valuable experience in the market. Its low minimum deposit and micro-lot trading make it an ideal learning tool, enabling traders to understand market dynamics and platform functionality without taking on significant risks.
Although the range of available instruments is restricted to major forex pairs, gold, silver, and oil, this platform offers abundant opportunities for beginner traders to acquire hands-on experience and develop their confidence
However, we must mention that the Cent Account operates with a unique currency unit (USC) for transactions. This could require some adaptation for individuals accustomed to standard account denominations.
Standard Account
Most retail traders’ needs are met by the Standard STP Account, which offers cost-effectiveness and practicality. Frequent traders can benefit from the absence of commissions and competitive spreads, which provide a cost-effective solution.
In addition, a much wider range of tradable assets, including Forex, commodities, indices, and share CFDs, can offer opportunities for diversifying your portfolio and making strategic decisions.
The speed of execution, which we found is made possible by the Equinix fiber optic network, is a significant advantage, especially for traders who depend on quick order fulfillment.
However, while this account is comprehensive, we must mention that it might not offer all the advanced features and tools that most experienced traders want.
Raw ECN
The Raw ECN Account is a top-tier option tailored for experienced traders who value quick execution, accuracy, and direct access to the market. High-frequency traders and scalpers gain a competitive advantage with tight spreads that can start as low as 0.0 pips.
In addition, the account also offers traders access to high-quality liquidity, which means that orders are executed efficiently and with minimal slippage.However, one snag with this account is that there’s a commission fee per trade, which can discourage individuals with lower trading volumes. Before you select this account, ensure that it aligns with your unique strategy and that you can afford the commission fees.
Demo Account
VT Markets provides a demo account for traders to explore the platform and test their strategies in a risk-free environment where they’re not required to deposit or use funds for trading. Here’s what we learned about the demo account from VT Markets’ website:
- The demo account offers a generous 90-day trial period, allowing traders to acquaint themselves with the platform, test different tools and features, and fine-tune their trading techniques before investing real cash.
- VT Markets lets users set up several demo accounts, which is useful for testing alternative strategies or comparing account kinds.
- The demo account gives you full access to all the features and tools available on the live platform, including charting tools, technical indicators, and real-time market data.
- Traders receive $100,000 in virtual currency to practice trading, allowing them to gain market experience without risking any funds.
This is an extremely valuable tool, but please remember that even though it mimics a live trading environment, prices might not be as accurate. Using a demo account for too long can desensitize you to the real risks you can face in online trading.
Swap Free
We’ve reviewed many brokers and have seen that more are including a Swap Free or Islamic Account in their offerings, and VT Markets isn’t an exception.
However, what impresses us is that VT Markets gives in-depth information on their Swap Free Account instead of merely mentioning that a Swap Free option is available.
Furthermore, this account is offered in both Standard STP and Raw ECN variants, allowing traders to select the optimum execution mechanism for their requirements. Here are some key features of the Swap Free Account:
- As the name implies, this account waives swap costs for overnight holdings.
- Traders can select between the Standard STP model, which has spreads beginning at 1.2 pips, and the Raw ECN model, which starts at 0.0 pips but requires a $6 commission every round turn.
- The Swap-Free account provides access to various assets, including FX, indexes, energy, precious metals, soft commodities, and CFD shares.
- The account follows Islamic trading rules, which ensures Sharia compliance.
Some transactions may still incur a modest admin cost despite the removal of swap fees. It is worth mentioning that VT Markets provides Swap-Free accounts with no administrative costs in some countries and areas.
Swap Free Accounts – Compared
🔎 Feature | 🅰️ Swap-Free (STP) | 🅱️ Swap-Free (ECN) |
⚙️ Execution Type | STP | ECN |
☪️ Swap-Free | ✅Yes | ✅Yes |
📈 Platform | MT4/MT5 | MT4/MT5 |
💴 Minimum Deposit | $100 | $100 |
📉 Leverage | 500:1 | 500:1 |
📊 Spread from | 1.2 pips | 0.0 pips |
💶 Commission | $0 | $6 (per round turn) |
🎁 Trading Bonus | Available | Available |
💵 Base Currencies | $ AUD, $ USD, £ GBP, € EUR, $ CAD | $ AUD, $ USD, £ GBP, € EUR, $ CAD |
🚀Open an Account | 👉 Click Here | 👉 Click Here |
Trading Platforms and Solutions
🔎 Feature | 4️⃣ MT4 | 5️⃣ MT5 | 🖱️ WebTrader | 💻 VT WebTrader+ | 📲 VT Markets App |
📈 Platform Type | Desktop/Mobile | Desktop/Mobile | Browser-based | Browser-based | Mobile |
📉 Interface | User-friendly | User-friendly | MT4-like | TradingView-based | User-friendly |
📊 Charting & Indicators | Customizable | Advanced | Limited | 100+ indicators | Limited |
💹 Algorithmic Trading | Expert Advisors | MQL5 | None | None | None |
💱 TradingView Integration | None | None | None | ✅Yes | None |
📱 Mobile App | ✅Yes | ✅Yes | N/A | N/A | ✅Yes |
📌 Additional Features | Fast execution | Fast execution | No download | Live market updates |
MetaTrader 4 (MT4)
The reputation of MT4 as a reliable and versatile platform is well-deserved. While conducting our review, we discovered that the platform (combined with VT Markets’ accounts) is incredibly user-friendly and offers a diverse selection of assets for trading.
The option to fully customize charts and indicators is a significant advantage, as it enables traders of any skill level to personalize their trading experience.
In our experience, MT4 boasts lightning-fast order execution and highly competitive spreads, catering perfectly to the needs of traders who prioritize swift and efficient execution.
VT Markets’ decision to integrate with the official MetaQuotes trading ecosystem demonstrates their strategic thinking, guaranteeing MT4 users a seamless experience characterized by dependability and efficiency.
Most traders will be grateful for including WebTrader, a user-friendly browser-based version of MT4 that provides effortless access from any device connected to the internet. The iOS and Android MT4 app also keeps traders connected to their trading anywhere in the world.
MetaTrader 5 (MT5)
MT5 brings forth a range of enhanced features that cater to traders looking for more advanced capabilities. Serious traders are drawn to this option due to its wide range of trading assets and enhanced trade management and strategy testing features.
MT5’s support for algorithmic trading via the MQL5 language is a notable advantage, especially when combining this with the VT Markets Raw ECN Account.
In addition, traders can leverage advanced charting tools and custom indicators to gain a more precise analysis of market trends. The platform’s impressive flexibility, offering unlimited charts on watchlists, 21 timeframes to choose from, and a wealth of historical data, only adds to its appeal.
VT WebTrader+
VT WebTrader+ is a one-of-a-kind platform that combines the powerful features of MetaTrader 4 and the top-notch technical tools of TradingView.
The platform’s browser-based nature provides a high level of convenience by eliminating the need for downloads or installation.
Furthermore, we must emphasize the exceptional charting and market analysis tools, including a wide range of customizable technical indicators and intelligent drawing tools.
VT Markets App
Unlike most brokers’ native apps (which are just an overview of the trader dashboard and nothing more), the VT Markets App offers an extensive range of features.
The app’s extensive support for a wide range of trading assets, its ability to provide real-time alerts and signals, and its advanced trading tools make it an invaluable tool for traders of all levels of experience.
Traders will appreciate the effort put into providing informative guides and videos, which shows a dedication to educating traders. Special promotions, such as welcome and deposit bonuses, enhance the app’s attractiveness.
You can also access VT Markets’ live chat right from the app, allowing you to address queries and issues immediately.
Trading and Non-Trading Fees
Trading and Non-Trading fees are standard in online trading, and we like how VT Markets has structured its schedule. You can find the “Trading Conditions” page under “Trading” and “Support” in the main menu.
VT Markets Forex Live Spreads
According to the website, VT Markets’ spreads are competitive and depend on the traded instrument and the account type used. The charged spreads are floating, which means they fluctuate according to market conditions and other factors.
VT Markets provides in-depth information on all spreads and instruments that can be viewed on the website and the trading platforms, allowing traders to calculate their trading fees.
Normal Spreads on STP and ECN Accounts
VT Markets’ typical spreads across the STP and ECN Accounts (subject to change according to market conditions) are as follows:
🔎 Account Type | 🪙 Currency Pair | 📊 Typical Spread (pips) |
1️⃣ Standard STP | EUR/USD | From 1.3 |
2️⃣ Standard STP | GBP/USD | From 1.8 |
3️⃣ Standard STP | AUD/USD | From 1.6 |
4️⃣ Standard STP | USD/JPY | From 1.5 |
5️⃣ Raw ECN | EUR/USD | From 0.0 |
6️⃣ Raw ECN | GBP/USD | From 0.6 |
7️⃣ Raw ECN | AUD/USD | From 0.4 |
8️⃣ Raw ECN | USD/JPY | From 0.5 |
Tradable Asset Classes and Instruments
Based on the information on VT Markets’ website, we’ve created a table that’ll give you an idea of what you can trade with this broker.
🔎 Instrument Class | ⭐ Examples | 🗝️ Key Features | 📒 Additional Notes |
📈 Indices | S&P 500, Dow Jones, DAX 40 | Lightning-fast execution, transparent pricing, diverse offering, advanced tech infrastructure, leverage up to 500:1 | Reflect real-time stock market prices, allowing for hedging currency risk |
📉 Forex | 40+ major pairs (e.g., EUR/USD, GBP/JPY) | Access to major pairs, leverage up to 500:1, spreads from 0.0 pips | 24-hour global access, educational resources for mastering strategies |
💡 Energies | Crude Oil, Natural Gas, Gasoline, Gasoil | Diverse portfolio, flexible trading sizes, leverage options, competitive spreads, market symbol variety | Spot contracts against USD, connected to Nymex/CME market for swift execution |
💎 Precious Metals | Gold, Silver, Platinum, Palladium, Copper | Store of value, insights into economic health, safe-haven asset, predictable price movements, diverse opportunities | Traded via MetaTrader 4 platforms |
🍊 Soft Commodities | Cocoa, Coffee, Cotton, Orange Juice, Raw Sugar | Diversification, historical significance, risk mitigation for farmers, essential role in production, speculation | Grown commodities, foundation of food and clothing, persistent demand |
📊 ETFs | AGG, ARKB, ARKW, BITB, BITO | Diversify your portfolio with ETF trading, cost-effective trading, leverage options up to 33:1, cutting-edge technology | Trade diverse sectors such as technology, energy, and mining with super-low costs, leveraging up to 33:1 |
💹 CFD Bonds | EURIBOR Futures, Euro-Bund Futures, Euro-BOBL Futures | Long and short positions, leverage up to 100:1, a curated selection of bonds, versatile and cost-effective trading | Take advantage of expected price movements by taking long or short positions, ultra-low spreads with commission starting from $0 per trade |
Deposit and Withdrawals
We explored how traders can manage their funds with VT Markets, leading us to the website’s deposit and withdrawals section.
Firstly, we couldn’t find a dedicated link to the deposits and withdrawals page on any of the main menu options, which led us to believe that the only way to view in-depth information on deposits and withdrawals requires account registration – which might be a tedious process for traders who are merely reviewing and comparing brokers.
Even when entering “VT Markets Deposits and Withdrawals” into our search engine, we were led to the VT Markets Help Centre.
Academy and Trading Tools for Traders
The “Academy” Section on the VT Markets website is divided into three sections, namely:
- Learning Centre
- Analysis
- Tools
Join us as we explore these sections to see what they offer traders!
Learning Centre
Based on the name, we expected a section filled with resources aimed at beginners who are still learning and more experienced traders who like brushing up on the basics. Here’s what you can expect from the VT Markets Learning Centre:
- An A-Z Trading Glossary that lists a plethora of terms along with their definitions. There’s a user-friendly search bar where you can enter the term without having to go through the entire glossary, and you can also apply filters according to topics like “General Finance,” “Manual Trading,” “Markets,” “Strategies,” etc.
- Learn Forex features many articles and trading guides that cover all the basics of Forex trading (as the name suggests). This could be extremely useful for newbies.
- Learn MetaTrader focuses on MetaTrader 4 download, installation, upgrades, tips and tricks, and all other information on using the platform.
Podcast is an extremely valuable resource covering Education, Market Analysis, and Market Talk. The podcasts can be streamed on the Apple Podcasts app, Spotify, iHeart, and Amazon Music.
Customer Support and Resources
Customer support is vital when reviewing any broker, and before we get to our first-hand experience with VT Markets’ support, let’s explore the support options they offer traders.
- Trading Conditions delves into VT Markets’ spreads, commissions, trading hours, etc.
- Trading Notifications are divided into Important Notifications related to VT Markets’ website updates, conditions, etc.
The Help Centre is a comprehensive FAQ section that covers everything you might want to know about VT Markets. Moreover, Customer Support is offered 24/7 via Live Chat and Email.
- The Help Centre
- Live Chat (instant assistance 24/7)
- Email (Replies can take 1 – 3 business days)
Overall, VT Markets’ customer support section is comprehensive, and the Help Centre is one of the most comprehensive that we’ve seen.