Overall Rating: ★★★☆☆ (3.9/5)

Broker Overview

VT Markets is a growing forex and CFD broker that has positioned itself as a low-cost, technology-driven trading platform. Founded in 2016 and headquartered in Sydney, Australia, VT Markets aims to deliver an accessible and efficient trading environment for global traders. In this VT Markets review, we examine its key features, platforms, account types, fees, and overall reliability to help you determine if it meets your trading needs.

Key Features of VT Markets

VT Markets offers a range of features that are attractive to many traders:

• Wide Selection of Assets: Including forex, indices, commodities, shares, and cryptocurrencies.
• MT4 and MT5 Platforms: Support for the industry’s most popular trading platforms.
• Low-Cost Trading: Tight spreads starting from 0.0 pips with competitive commissions.
• Mobile Trading App: Seamless mobile experience through the VT Markets app.
• Copy Trading: Integrated ZuluTrade platform for social trading.
• Bonus Promotions: Periodic deposit bonuses for eligible clients.

VT Markets focuses on delivering competitive pricing and strong platform performance.

Account Types Offered by VT Markets

VT Markets provides two main account types:

• Standard STP Account:
  • Commission-free trading
  • Spreads from 1.2 pips
  • Ideal for beginner and casual traders
• RAW ECN Account:
  • Spreads from 0.0 pips
  • $6 commission per round trip per lot
  • Suitable for more active and experienced traders

Both account types allow leverage up to 1:500 in offshore jurisdictions and up to 1:30 where regulated by the Australian Securities and Investments Commission (ASIC).

Trading Platforms and Tools

VT Markets offers access to two of the most powerful trading platforms:

• MetaTrader 4 (MT4): Offering customisable charts, EAs, and various technical indicators.
• MetaTrader 5 (MT5): Enhanced features including more order types, timeframes, and integrated market depth.

VT Markets also provides its proprietary VT Markets App, combining account management with mobile trading features, although it lacks some of the depth offered by MT4 and MT5.

Additional tools include access to Trading Central for professional market analysis.

Regulation and Security

VT Markets operates under different regulatory frameworks depending on client location:

• Australian Securities and Investments Commission (ASIC) (VT Markets Pty Ltd)
• Cayman Islands Monetary Authority (CIMA) (VT Markets LLC)

While the ASIC regulation adds credibility, much of its international business operates under CIMA, which offers lighter regulatory oversight compared to ASIC.

Fees and Spreads

VT Markets is designed to offer competitive trading costs:

• Spreads:
  • Standard Account: From 1.2 pips
  • RAW Account: From 0.0 pips
• Commissions:
  • RAW Account: $3 per side ($6 per round trip)
• Deposit/Withdrawal Fees: No internal fees, though third-party charges may apply
• Inactivity Fees: No inactivity charges at present

Overall, VT Markets offers transparent and competitive pricing that appeals to cost-conscious traders.

Deposit and Withdrawal Options

VT Markets provides a variety of convenient funding methods:

• Deposit Methods: Credit/debit cards, bank transfer, Skrill, Neteller, Fasapay, crypto payments
• Withdrawal Methods: Same as deposit methods
• Processing Time: Most withdrawals processed within one to two business days

There are no deposit or withdrawal fees charged by VT Markets, but external processing fees may apply.

Customer Support

VT Markets offers support services designed to help traders around the clock:

• Support Hours: 24/5
• Contact Methods: Live chat, email, and web form
• Help Centre: FAQs and platform tutorials

While the live chat is generally responsive, response times can vary during peak hours.

Educational Resources

VT Markets provides a reasonable selection of educational content:

• Webinars: Covering trading fundamentals and strategies.
• Market Analysis: Regular updates with technical and fundamental insights.
• Trading Guides: Covering MT4/MT5 use, risk management, and trading psychology.

However, compared to top-tier brokers, its educational offering is somewhat limited.

Pros and Cons of VT Markets

Pros:

• Competitive spreads and commissions
• Support for MT4 and MT5 platforms
• Copy trading via ZuluTrade
• No deposit or withdrawal fees

Cons:

• Regulation outside Australia is under CIMA, a lighter authority
• Educational resources are limited compared to competitors
• No proprietary desktop platform
• Promotions not available to all clients globally

Who Should Choose VT Markets?

VT Markets is ideal for:

• Cost-Conscious Traders: Those looking for low spreads and low commission trading.
• Mobile Traders: Thanks to the user-friendly VT Markets app.
• Copy Traders: Using ZuluTrade integration.
• New Traders: Given the easy account setup and platform support.

Traders prioritising top-tier regulation and deeper educational resources may wish to consider other brokers.

Conclusion

VT Markets is a solid broker for traders seeking competitive pricing and easy access to the financial markets. With support for MT4 and MT5, fast execution, and multiple funding options, it offers a well-rounded trading experience. However, traders should note the regulatory differences depending on their region. Overall, VT Markets is a good choice for cost-sensitive traders looking for a straightforward trading environment.