VT Markets Review

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. This content is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.
VT Markets Review

VT Markets benefits from being part of the Vantage Group of companies, yet struggles to compete with the best forex brokers due to a limited offering of research, platforms, and tools, as well as a limited range of available markets to trade.

Top Takeaways for 2021

Here are our top findings on VT Markets:

  1. VT Markets has regulatory status in one tier-3 jurisdiction and is part of Vantage Group, which holds licenses in two tier-1 jurisdictions. These factors help make it a safer broker (average-risk) for forex and CFD trading.
  2. As a MetaTrader 4 (MT4) broker, VT Markets offers just one platform, along with premium trading tools from Trading Central. MT5 is now available. MetaTrader aside, trading costs are in-line with the industry average on the VT Markets Raw ECN account, while its Standard account is expensive.
  3. The broker’s proprietary mobile app, VT Markets Pro, is not yet available in English (only Chinese). With less than 200 symbols available, VT Markets does not offer an extensive selection of markets to trade, compared to Saxo Bank, IG, or CMC Markets.

Is VT Markets Safe?

VT Markets is considered average-risk, with an overall Trust Score of 79 out of 99. VT Markets is not publicly traded and does not operate a bank. VT Markets is authorised by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and one tier-3 regulator (low trust). VT Markets (through its parent company) is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA). Learn more about Trust Score.

Offering of Investments

The following table summarizes the different investment products available to VT Markets clients.

Commissions and Fees

The cost of trading at VT Markets varies depending on whether you choose the Raw ECN or Standard STP account. Both accounts have a minimum deposit of just $200. The Standard STP account is commission-free but comes with higher spreads relative to the Raw ECN account.

Average spreads: For the four weeks ending August 15, 2020, VT Markets average spread on the EUR/USD stood at 1.3 pips for its Standard STP account, while the RAW ECN effective spread was 0.7 pips (based on 0.6 round turn commission and 0.1 average spread). This pricing on the VT Markets Raw ECN account is close to the industry average. In contrast, the Standard STP account pricing is less attractive.

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