Overall, VT Markets is considered an average risk, with an overall Trust Score of 71 out of 100. VT Markets is licensed by 1 Tier-1 Regulator (high trust), 1 Tier-2 Regulator (average trust), and 1 Tier-3 Regulator (low trust). VT Markets offers two retail trading accounts, a Standard STP and Raw ECN Account, with the option for a Demo and Islamic Account.
VT Markets at a glance
| 🏢 Headquartered | Sydney, Australia |
| 🌐 Global Offices | South Africa, Saint Vincent and the Grenadines, Taiwan |
| 🇿🇦 Local Market Regulators in South Africa | Financial Sector Conduct Authority (FSCA) |
| 🇿🇦 Foreign Direct Investment in South Africa | R10309.28 billion ZAR |
| 🇿🇦 Foreign Exchange Reserves in South Africa | R46.3 billion ZAR |
| 🇿🇦 Local office in South Africa? | No |
| 🇿🇦 Governor of SEC in South Africa | None, the governor of the Reserve Bank in South Africa is EL (Lesetja) Kganyago |
| 🇿🇦 Accepts South Africa Traders? | Yes |
| 📅 Year Founded | 2015 |
| 🇿🇦 South Africa Office Contact Number | No |
| 🌐 Social Media Platforms | LinkedIn Youtube |
| ⚖️ Regulation | ASIC, FSCA, SVG FSA |
| 🥇 Tier-1 Licenses | Australian Securities and Investment Commission (ASIC) |
| 🥈 Tier-2 Licenses | Financial Sector Conduct Authority (FSCA) |
| 🥉 Tier-3 Licenses | Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) |
| 📜 License Number | Australia – AFSL 516246 South Africa – FSP 50865 Saint Vincent and the Grenadines – 673 LLC 2025 |
| ⚖️ FSCA Regulation | Yes, FSP 50865 |
| 🌐 Regional Restrictions | United States, North Korea |
| ☪️ Islamic Account | Yes |
| 📒 Demo Account | Yes |
| 📒 Retail Investor Accounts | 2 |
| 📒 PAMM Accounts | Yes |
| 📒 Liquidity Providers | Bank of America, Barclays, BNP Paribas, Crédit Agricole, HSBC, and JPMorgan Chase |
| 📒 Affiliate Program | Yes |
| 📒 Order Execution | Market Execution |
| 📈 Starting spread | 0.0 pips EUR/USD |
| 📈 Minimum Commission per Trade | $6 per round turn |
| 💯 Decimal Pricing | 5th Decimal |
| 🗨️ Margin Call | 100% |
| 🛑 Stop-Out | 50% |
| ⬇️ Minimum Trade Size | 0.01 lots |
| ⬆️ Maximum Trade Size | 500 lots |
| ₿ Crypto trading offered? | No |
| 🇿🇦 Offers a ZAR Account? | No |
| 🇿🇦 Dedicated South Africa Account Manager? | No |
| ⬆️ Maximum Leverage | 1:500 |
| 🇿🇦 Leverage Restrictions for South Africa? | No, not under FSCA regulation |
| 💰 Minimum Deposit (ZAR) | R1,700 ZAR ($100) |
| 🇿🇦 ZAR Deposits Allowed? | Yes, via the South African office |
| 🇿🇦 Active South Africa Trader Stats | 200,000+ |
| 🇿🇦 Active South Africa -based VT Markets customers | Unknown |
| 🇿🇦 South Africa Daily Forex Turnover | $13.1 billion USD |
| 💰 Deposit and Withdrawal Options | UnionPay transfer Mobile Pay Skrill Neteller FasaPay Vietnam Instant Bank Wire Transfer UK Instant Bank Transfer Thailand Instant Bank Transfer USDT Credit/Debit Cards |
| ⌛ Minimum Withdrawal Time | Instant |
| ⌛ Maximum Estimated Withdrawal Time | Up to 7 workdays |
| 💰 Instant Deposits and Instant Withdrawals? | Yes |
| 🇿🇦 Segregated Accounts with South African Banks? | Yes |
| 📊 Trading Platforms | MetaTrader 4 MetaTrader 5 VT Markets App |
| 📊 Tradable Assets | Forex Indices Energies Precious Metals Soft Commodities ETFs US Share CFDs UK Share CFDs EU Share CFDs HK Share CFDs CFDs on Bonds |
| 💱 Offers USD/ZAR currency pair? | Yes |
| 💱 USD/ZAR Average Spread | 60 pips |
| 🇿🇦 Offers South African Stocks and CFDs | No |
| 💬 Languages supported on the Website | English, French, Spanish, Portuguese, Italian, German, Turkish, Japanese, Thai, Malaysia, Vietnamese, Korean |
| 💬 Customer Support Languages | Multilingual |
| ℹ️ Copy Trading Support | Yes, VTrade |
| ℹ️ Customer Service Hours | 24/5 |
| 🇿🇦 South Africa-based customer support? | Yes |
| 🇿🇦 Bonuses and Promotions for South Africa Traders | Yes |
| 🇿🇦 Education for South African beginners | Yes |
| Proprietary trading software | Yes |
| 🇿🇦 Most Successful Trader in South Africa | Ref Wayne ($500 million USD+) |
| 🇿🇦 Is VT Markets a safe broker for South Africa Traders? | Yes |
| 💯 Rating for VT Markets South Africa | 8/10 |
| 💯 Trust score for VT Markets South Africa | 71% |
VT Markets has clients from around the world. The following areas have the largest distributions:
| 🌐 VT Markets largest distrubutions |
| 🇵🇫 French Polynesia |
| 🇫🇷 France |
| 🇪🇨 Ecuador |
| 🇲🇾 Malaysia |
| 🇨🇭 Switzerland |
Min Deposit
USD 100
Regulators
ASIC, FSCA
Trading Platform
MT4, MT5, WebTrader, WebTrader+, VT Markets App
Crypto
No
Total Pairs
70
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our VT Markets Account Types below.
VT Markets Account types – 7 key points quick overview:
- ✅ VT Markets at a glance
- ✅ VT Markets Account Types
- ✅ VT Markets Account Features
- ✅ VT Markets Pros and Cons
- ✅ How to Open an Account with VT Markets
- ✅ How to Close Your Account with VT Markets
- ✅ Frequently asked questions
VT Markets Account Types
| ℹ️ VT Markets live account types | 💰 Minimum deposit | 📊 Average spread | 💰 Commissions | 📊 Average trading cost |
| 💳 Standard STP account | R1,700 ZAR / $100 | 1.2 pips | None | R204 ZAR / $12 USD |
| 💳 RAW ECN account | R1,700 ZAR / $100 | 0.0 pips | R102 ZAR / $6 USD | R102 ZAR / $6 USD |
| ☪️ Islamic Standard STP account | R1,700 ZAR / $100 | 1.2 pips | None | R204 ZAR / $12 USD |
| ☪️ Islamic RAW ECN account | R1,700 ZAR / $100 | 0.0 pops | R102 ZAR / $6 USD | R102 ZAR / $6 USD |
You can find an account type at VT Markets that work for you regardless of how experienced a trader you are. Clients can choose between two different types of live trading accounts the broker provides.
Both the Raw ECN Account and the Standard STP Account are available. How you plan to trade can influence the kind of account you open. Therefore, while some investors may prefer a commission-free account, others may be willing to pay a nominal fee in exchange for lower spreads.
VT Markets Account Features
Standard STP Account
South Africans can expect the following features from their VT Markets Standard STP Account:
| 💳 VT Markets Standard STP Account | ℹ️ Information |
| 💱 Account Currency | AUD, USD, GBP, EUR, and CAD |
| 📶 Network Bandwidth | 100GB per second |
| 💰 Minimum Deposit | R1,700 ZAR / $100 |
| 📊 Average Spread | 1.2 pips |
| Trade Execution Type | STP |
| 💰 Commissions charged | None |
| 📈 Maximum lots per order | 0.01 lots |
| 📈 Maximum open orders | 500 lots |
| 📈 Maximum Leverage Ratio | 1:500 |
| 💯 Margin Call Percentage | 100% |
| 🛑 Stop-Out Level | 50% |
| Trading Platform Available | MetaTrader 4 MetaTrader 5 |
| 🔄 Access to Auto Trading? | Yes |
| ☪️ Swap-Free Available? | Yes |
| 📊 Instruments Available on this Account | All |
| 💰 Is a trading Bonus available? | Yes |
This account is tailored toward inexperienced traders who seek no-fee direct market access. You can get better liquidity and tighter spreads than with a standard account by trading in the VT Markets dark pool.
Improved market depth, consistently transparent pricing, lightning-fast execution, tight spreads, and zero commissions are just some of the benefits of trading with a live Standard STP Account.
Furthermore, every trade made with a VT Markets Standard STP Account is processed instantly, thanks to the Equinix Fibre Optic Network.
Raw ECN Account
South Africans can expect these features from the Raw ECN Account:
| 💳 VT Markets Raw ECN Account | ℹ️ Information |
| 💱 Account Currency | AUD, USD, GBP, EUR, and CAD |
| 📶 Network Bandwidth | 100GB per second |
| 💰 Minimum Deposit | R1,700 ZAR / $100 |
| 📊 Average Spread | 0.0 pips |
| Trade Execution Type | ECN |
| 💰 Commissions charged | $6 Round Turn |
| 📈 Maximum lots per order | 0.01 lots |
| 📈 Maximum open orders | 500 lots |
| 📈 Maximum Leverage Ratio | 1:500 |
| 💯 Margin Call Percentage | 100% |
| 🛑 Stop-Out Level | 50% |
| Trading Platform Available | MetaTrader 4 MetaTrader 5 |
| 🔄 Access to Auto Trading? | Yes |
| ☪️ Swap-Free Available? | Yes |
| 📊 Instruments Available on this Account | All |
| 💰 Is a trading Bonus available? | Yes |
To succeed as a trader, you need access to substantial liquidity and tight spreads, both of which are available through the Raw ECN Account.
With no spread markup and a low $6 commission per standard lot, per round turn, you can trade Forex on institutional-grade liquidity provided by the world’s largest banks and institutions.
VT Markets Islamic Account
| ℹ️ VT Markets Islamic account | 💰 Minimum deposit | 📊 Average spread | 💰 Commissions | 📊 Average trading cost |
| ☪️ Islamic account | R1,700 ZAR / $100 | 1.2 pips | None | R204 ZAR / $12 USD |
Swap-free trading accounts are available at VT Markets and can be used by Muslims. In addition, for Forex traders who cannot receive or pay swaps due to their religious beliefs, VT Markets offers Islamic accounts.
Muslims can take advantage of VT Markets’ institutional grade liquidity, streamed directly to MT4 and MT5, with either the Islamic Standard STP or Islamic RAW ECN accounts.
No swaps or interest are charged overnight on VT Markets FX Islamic Accounts. In its place, the account holder will incur a fee for position administration, which will be subtracted from the account’s total value.
These are the unique features that Muslim traders can expect from their VT Markets Islamic Account:
| ☪️ VT Markets Islamic Account | ℹ️ Information |
| 💱 Account Currency | AUD, USD, GBP, EUR, and CAD |
| 📶 Network Bandwidth | 100GB per second |
| 💰 Minimum Deposit | R1,700 ZAR / $100 |
| 📊 Average Spread | 1.2 pips (STP) / 0.0 pips (ECN) |
| 📊 Trade Execution Type | STP/ECN |
| 💰 Commissions charged | None on STP / $6 on ECN |
| 📈 Maximum lots per order | 0.01 lots |
| 📈 Maximum open orders | 500lots |
| 📈 Maximum Leverage Ratio | 1:500 |
| 💯 Margin Call Percentage | 100% |
| 🛑 Stop-Out Level | 50% |
| Trading Platform Available | MetaTrader 4 MetaTrader 5 |
| 🔄 Access to Auto Trading? | Yes |
| 📊 Instruments Available on this Account | All |
| 💰 Is a trading Bonus available? | Yes |
VT Markets MAM / PAMM Account
VT Markets is a leading provider of Multi Account Manager (MAM) and Percent Allocation Management Module (PAMM) solutions designed to meet individual traders’ unique requirements.
Furthermore, VT Markets is partnered with MetaFX to develop its advanced MAM/PAMM platform, which streamlines the administrative tasks associated with trading, allowing clients to concentrate on successful trade management.
Financial professionals who work with VT Markets for their MAM/PAMM needs can benefit from the company’s established reputation for transparency and its strong presence in the industry.
VT Markets is recognized for its highly competitive trading conditions, robust infrastructure, and valuable liquidity partnerships.
VT Markets has made significant investments in its MetaTrader servers to ensure that its MAM/PAMM solution delivers the speed and reliability that clients require.
The following are some of the key features and benefits of VT Markets’ MAM/PAMM solution:
| ℹ️ VT Markets MAM/PAMM benefits |
| ✅ Clients can easily manage an unlimited number of trading accounts. |
| ✅ The master account can execute bulk orders with instant allocation to sub-accounts. |
| ✅ VT Markets’ MAM/PAMM solution offers a variety of allocation methods to meet clients’ specific needs. |
| ✅ Orders can be partially closed by the master account. |
| ✅ Clients have full access to stop loss, take profit, and pending order functionality. |
| ✅ Clients can trade expert advisors (EA) through their managed accounts. |
| ✅ VT Markets’ MAM/PAMM solution monitors live order management, including profit and loss. |
| ✅ All trading strategies, including hedging and scalping, are permitted. |
VT Markets Demo Account
The VT Markets demo account is a free resource for anyone interested in online trading who wants to gain experience without taking on any financial risk.
It comes loaded with virtual funds to help you get comfortable with the trading platforms and practice your trading strategies without risk. A boost in trading knowledge and assurance can come from doing this.
VT Markets Pros and Cons
| ✅ Pros | ❌ Cons |
| ✅ VT Markets is a hybrid ECN and STP broker that ensures rapid and reliable execution of trades | ❌ Demo account availability is limited to 90 days |
| ✅ There are two versatile live accounts to choose from | ❌ There are only two retail accounts offered, and the trading conditions on the STP account are not as affordable as similar accounts with competitors |
| ✅ South African Muslim traders can convert an ECN or STP account into a Swap-Free Account | ❌ There is a mark-up added to the STP account |
| ✅ There is a demo account offered that can be used for practicing trading or testing strategies | |
| ✅ Traders can choose between MetaTrader 4 and 5 | |
| ✅ There is a range of markets offered on all account types | |
| ✅ There are competitive trading conditions on both account types | |
| ✅ VT Markets offers MAM and PAMM solutions |
How to Open an Account with VT Markets
To register an account with VT Markets, you can follow these steps:
- Visit the official website to learn more about the company and its services.
- Select the account that best suits your trading objectives and goals. VT Markets provides various account types, each with its own benefits and features.
- After selecting the desired account type, complete the online application form with your personal information and other pertinent information.
- You may be required to present identification and address verification documents. This information will be used for identity and address verification.
- After your application has been accepted and your account has been activated, you must fund your account. VT Markets accepts bank transfers, credit/debit cards, and electronic payment methods for deposits.
- Once your account has been funded, you can begin trading with VT Markets. The platform offers a variety of trading instruments, such as Forex, indices, and commodities.
How to Close Your Account with VT Markets
To close a live trading account with VT Markets, you can follow these steps:
- Contact the customer service team at VT Markets via email, phone, or live chat. Then, request the closure of your account and supply your account information for verification purposes.
- Inform the customer service agent that you wish to close your account and provide a justification for your decision.
- If any remaining funds are in your account, request that they be withdrawn before closing it. VT Markets may require you to provide the necessary withdrawal-related information.
- Once the funds have been successfully withdrawn, you must confirm that you wish to close the account.
- Once VT Markets receives your request, your account will be closed.
- Upon completion of the process, you should receive a confirmation email.
Min Deposit
USD 100
Regulators
ASIC, FSCA
Trading Platform
MT4, MT5, WebTrader, WebTrader+, VT Markets App
Crypto
No
Total Pairs
70
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
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Frequently asked questions
What is the VT Markets Minimum Deposit?
South Africans who register an account with VT Markets pay a minimum deposit of $100 or equivalent in ZAR according to the exchange rate between USD and ZAR.
How long does the VT Markets Withdrawal from a trading account take?
A VT Markets Withdrawal is processed within 24 hours of receipt, but it can take between 1 to 7 business days for the funds to reflect in your bank account.
Can I use VT Markets Copy Trading on my live account?
You can use VT Markets for copy trading as the broker offers a proprietary platform for such purchases, namely VTrade.
Can I access my live account on the VT Markets app?
You can easily integrate and access your trading account using the proprietary VT Markets app on iOS and Android.
What happens if I forget my VT Markets login details?
You can select “Forgot Password” when you log in or contact VT Markets customer support for assistance.
What VT Markets Account Types can I expect?
VT Markets offers a Standard STP and Raw ECN Account. Furthermore, there is a limited demo account and a Swap-Free option on both the STP and ECN accounts.
Are VT Markets legit?
VT Markets is legit and well-regulated by ASIC, FSCA, and SVG FSA, with a trust score of 71%.
How do you use VT Markets?
You can use VT Markets by registering a live account, transferring funds into the account, and trading many instruments via MT4, MT5, and the VT Markets platform.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
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