VT Markets Overall rating

	Rating	Weight
User Rating	2.8 (2 reviews)	3
Popularity	4.3	3
Regulation	4.0	2
Pricing rating	4.6	1
Features	Not rated	1
Customer Support	Not rated	1

We tested VT Markets using real-money live accounts. Our reviews are unique in that they do not have any bias for or against any broker and are driven purely on the underlying data we compile from live account testing, regulatory data, and opinions from customers. We list all brokers and do not charge a fee for it. We offer additional visibility for a fee, but our review content cannot be influenced. Read our About Us page to read our editorial guidelines and how we make money.

Trustworthiness & Regulation

VT Markets, established in 2015, is a privately owned broker that has quickly gained popularity, ranking 73rd out of 823 forex brokers for organic traffic. Despite its relatively short time in the market, it has become a popular choice for traders, with a popularity rating of 4.3 out of 5.

The broker is regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Sector Conduct Authority (FSCA) in South Africa. These regulatory licenses help to assure clients of VT Markets' credibility and commitment to maintaining industry standards.

User reviews, however, are mixed, with a rating of 2.8 out of 5 based on user feedback. This reflects some dissatisfaction among clients, potentially related to service or trading conditions. It's essential to consider that even highly regulated and successful financial firms have faced failures in the past.

VT Markets ranks 102nd out of 823 brokers based on expert ratings, suggesting room for improvement in certain areas. Although not licensed as a bank or publicly traded, the broker's substantial organic traffic of 303,853 monthly visits indicates a strong market presence and trust among its clients.

Company	Licenses & Regulations	Segregated Client Money	Deposit Compensation Scheme	Negative Balance Protection	Rebates	Max. Leverage Retail Clients
VT Global Pty Ltd	Australia - AU ASIC					30 : 1
VT Markets (Pty) Ltd	South Africa - ZA FSCA					500 : 1
VT Markets LLC Saint Vincent and the Grenadines						500 : 1

Deposit Insurance

VT Markets does not offer a deposit compensation scheme, which could be a concern for traders seeking financial protection in the event of the broker's insolvency. The absence of such a program means that investors are not automatically compensated if the broker defaults. While VT Markets segregates client funds from its operating capital, which provides a level of security, the lack of a deposit compensation scheme may affect the broker's appeal to risk-averse investors.

Regulatory bodies like ASIC and FSCA require brokers to adhere to specific financial and operational standards, including the segregation of client funds. However, without deposit insurance, traders must weigh the risks and benefits when considering VT Markets as their broker of choice.

Potential clients should conduct thorough due diligence and consider additional security measures when engaging with brokers that do not provide deposit insurance.

Spreads and Costs

VT Markets offers competitive spreads across various asset classes, generally providing in-line average costs compared to industry-leading brokers. Their forex average spread is 2.37, which is competitive but slightly higher than some market leaders.

For commodities, the spread is 0.17, which is favorable and on par with other top brokers. However, the crypto average spread at 7.55 is relatively high compared to some brokers, which may affect traders dealing with cryptocurrencies.

Combined Spread/Commission Costs by Asset Class Compared to Market Leading Brokers

Note: Crypto averages comprise (BTCUSD, ETHUSD), forex averages comprise (EURUSD, USDJPY, GBPJPY, EURGBP, AUDNZD, CADCHF), indices averages comprise (US30, AUS200), and commodities average comprises (XAUUSD, XAGUSD) and that data is sampled every 10 seconds for 24 hours to calculate the average. Forex is stated in pips, and the others are stated in base currency. All spreads including both spread and commission calculated in.

Our data comes from our sophisticated spread analyzer tool, which collects live account information and syncs with our performance analytics system. To compare all brokers and instruments with the latest live data, visit our spread analyzer tool. A spread is the difference between the bid (sell) and ask (buy) price of an asset and can vary widely between brokers and account types.

Some brokers charge higher spreads but no commission, while others charge both, making it crucial to assess the total cost, which includes both spread and commission. Our values reflect this all-in cost. Note that some brokers may set low costs on popular pairs like EURUSD but higher rates on other instruments.

Many brokers also advertise "as low as" spreads that may not reflect the true average or include commissions. Comparing true all-in cost averages across various instruments and asset classes is vital for accurate assessment.

Combined Spread/Commission Costs Per Instrument Compared to Market Leading Brokers

Comparison to other Brokers

VT Markets stands out for its high maximum leverage of 500:1 for retail clients, particularly in South Africa and St. Vincent & Grenadines, where regulations are less restrictive compared to other regions like Australia. This feature makes it appealing for traders looking to maximize their trading potential with smaller initial capital.

Compared to other brokers, VT Markets offers competitive spreads, particularly in the commodities asset class. However, its forex spreads are slightly higher than some industry leaders, such as IC Markets and Axi. The absence of specific swap rates on the broker's website might deter traders who prioritize transparency in financing costs.

In terms of regulatory oversight, VT Markets holds licenses from ASIC and FSCA, offering a degree of trustworthiness and security to its clients. However, it does not provide a deposit compensation scheme, unlike some other well-established brokers, which may be a drawback for risk-averse traders.

User reviews of VT Markets are mixed, with a rating of 2.8 out of 5, indicating areas for improvement in customer service or trading conditions. Despite this, the broker's popularity and organic traffic suggest a strong presence in the market, and it ranks 73rd out of 823 brokers for web traffic.

Overall, VT Markets offers a robust trading platform with attractive leverage and competitive spreads but may face challenges in user satisfaction and transparency compared to some other top brokers in the industry.

Trading Platforms - Mobile, Desktop, Automated

VT Markets offers the widely used MetaTrader 4 and MetaTrader 5 platforms, known for their robust features and user-friendly interfaces. Both platforms are available on desktop, mobile, and web, providing flexibility and convenience for traders. MT4 is favored for its simplicity and ease of use, while MT5 offers advanced features, including additional technical indicators and timeframes.

Automated trading is supported on both MetaTrader platforms, with MQL4 and MQL5 programming languages enabling traders to create custom indicators and automated trading strategies. MQL4 is relatively easy to learn for beginners, whereas MQL5 offers more advanced capabilities for experienced traders.

The VT Markets mobile app provides essential trading functions but does not support automated trading.

What Can you Trade?

VT Markets offers a diverse range of asset classes, including forex, stocks, commodities, ETFs, bonds, and futures CFDs. Traders have access to over 800 stock CFDs, 40+ forex pairs, and 20+ commodities CFDs. While the broker does not currently offer crypto CFDs, it provides ample opportunities for diversification across other asset classes.

Trading with VT Markets involves CFDs and derivatives, meaning you do not own the underlying assets. Instead, you speculate on price movements, benefiting from leverage to amplify potential returns. However, leverage also increases risk, and traders must be mindful of potential losses. For more information on available instruments and trading conditions, visit the VT Markets website.

Available Leverage

VT Markets offers varying leverage levels depending on the asset class and regulatory jurisdiction. Retail clients in Australia (regulated by ASIC) have access to a maximum leverage of 30:1, while those in South Africa (regulated by FSCA) and St. Vincent & Grenadines can leverage up to 500:1.

The broker provides leverage across multiple instruments, allowing traders to increase their exposure with a smaller initial investment. However, high leverage comes with increased risk, and traders should carefully assess their risk tolerance before utilizing leverage. For specific leverage details by asset class, refer to the VT Markets official website.

Prohibited Countries

VT Markets does not accept clients from certain jurisdictions due to regulatory restrictions. The broker cannot open accounts for residents of the United States, Canada, and several other countries. It is crucial for potential clients to review the broker's terms and conditions to verify their eligibility before opening an account.

The list of prohibited countries may change based on evolving regulations, so checking the latest information on VT Markets' website is advisable.

VT Markets Account types

	Standard STP	Raw ECN
Maximum leverage	500:1
Mobile Platform	MT4 Mobile, MT5 Mobile
Trading platform	MT4, MT5, WebTrader
Spread Type	Variable Spread
Minimum Deposit	100
Minimum Trade Size	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

	Standard STP
Maximum leverage	500:1
Trading platform	MT4MT5WebTrader
Mobile platform	MT4 MobileMT5 Mobile
Spread type	Variable Spread
Minimum deposit	100
Minimum Trade Size	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

	Raw ECN
Maximum leverage	500:1
Trading platform	MT4MT5WebTrader
Mobile platform	MT4 MobileMT5 Mobile
Spread type	Variable Spread
Minimum deposit	100
Minimum Trade Size	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

VT Markets Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

VT Markets Profile

24 hour support

Islamic Accounts

Accepts Canadian clients

Accepts Japanese Clients

Trading API

Cent accounts

Negative balance protection

Social trading

Trailing stops

Bonuses

Interest on margin

Fixed spread

Variable spread

This page's contents are created partially with the help of AI tools and provide a comprehensive review of VT Markets, covering various aspects of the broker, including its regulatory status, pros and cons, trading platforms, and more.

VT Markets' review is structured into sections, each focusing on a specific aspect of the broker's offerings. Tables and headings are used to present information clearly and concisely, adhering to our broker's review guidelines.