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VT Markets Forex Broker Review

Introduction

VT Markets was established in 2016 in Sydney, though its registered addresses are in Taiwan and the Cayman Islands. It offers various financial products and services to retail clients, and is regulated by ASIC and CIMA under the name of its parent company, Vantage International Group.

Offering of Financial Investments

There are more than 100 CFDs, indices and assets available as part of the VT Markets trading package, with trademark low spreads and leverage of up to 500:1 available, which is a bonus.

  • Major, minor and exotic forex
  • Commodities
  • Indices
  • Metals and energies
  • CFD stocks

VT Markets Trading Account Types

VT Markets offers two account types: its standard STP account and a RAW ECN account.

STP clients benefit from zero commission on trades and low spreads, with transactions completed with liquidity providers rather than through a dedicated trading desk. VT Markets also offers STP clients the chance to trade over its super-fast Equinix fibre optic network. The minimum deposit into STP accounts is $200, and leverage of up to 500:1 is available.

The RAW ECN account links clients to the VT Markets finance platform, which features some of the world’s biggest banks and liquidity providers. Spreads are as low as 0.0, while commission of 6% is paid per standard lot, per round. Traders who apply hedging and scalping strategies can open an account.

Newcomers to the brand can try a VT Markets demo account.

VT Markets Commissions and Fees

Standard STP account holders are not subject to any commission payments, while RAW ECN clients will pay a 6% commission per lot, per round turn. Spreads and swaps are payable for both account types.

The trade-off for ECN accounts is that spreads are kept low, with some forex pairs typically trading at 0.0 pips.

There aren’t any conversion fees or any other types of fees.

VT Markets Platforms and Tools

At the time of writing this VT Markets forex broker review, the firm was solely offering MT4 as a trading platform.

Both Desktop and WebTrader versions are available, and clients can also download the relevant MT4 mobile app for their Apple and Android devices and set up Expert Advisor and forex signals.

VT Markets Research

While the research and education sections aren’t that comprehensive, VT Markets does update its Daily Market Analysis page regularity.

This update includes analysis on how the markets played out on any given day and how they wrapped up. It also investigates any significant price movements and trends that traders may find useful.

VT Markets Mobile Trading App

While there isn’t a dedicated VT Markets app, clients are encouraged to download the MT4 mobile trading platform, which is available for iOS and Android devices.

Should I Trade with VT Markets?

In this VT Markets review, we have discovered that the trading offer is largely standard across the board, with MT4 support and a range of education and research tools.

It has distinct accounts, with zero commission for ‘standard’ clients and exceptional liquidity and low spreads for ECN account holders.

A variety of payment methods are accepted when a client makes a deposit or withdrawal.

Pros

  • STP and ECN accounts available
  • Solid MT4 offering
  • Spreads from 0.0 available
  • Access to 500:1 leverage

Cons

  • MT5 support would be welcome
  • Not many educational tools available

FAQs

How to use VT Markets?

Opening a trading account with VT Markets is quick and easy. Users should register through its website, select ‘Trading Accounts’ under the ‘Trading’ menu and choose between the STP and ECN offerings. Once registered with a VT Markets sign in users can simply use their VT Markets login to access their dashboard during future visits.

Is VT Markets regulated?

VT Markets is based in Sydney with registered addresses in the Cayman Islands and Taiwan. As such, traders are afforded peace of mind that the firm is legit and not a scam, because it is regulated by both ASIC and CIMA. Should it decide to move into the UK market, it would also need to secure FCA approval.

Who is VT Markets?

VT Markets is an Australian financial products and services firm and a subsidiary of the Vantage International Group Ltd. It offers clients the chance to trade forex, commodities, indices and the stock markets worldwide. Liquidity is kept high thanks to its partnerships with major institutions around the globe, and this keeps spreads supremely low.

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