Overall, VT Markets offers competitive fees and spreads. Pepperstone trading involves fees from 0.0 pips EUR/USD, and commissions per 0.01 lots depending on the account traders select making them a low-risk trading option.
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% |
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 fees and spreads below.
VT Markets Fees and Spreads – 6 key points quick overview:
- ✅VT Markets at a glance
- ✅ Fees and Spreads
- ✅ Additional Trading Fees
- ✅ VT Markets Broker Fees
- ✅ VT Markets Fees and Spreads Pros and Cons
- ✅ Frequently asked questions
Fees and Spreads
The spread list for VT Markets starts from 0.0 pips EUR/USD.
VT Markets is an ECN and STP broker that charges floating/variable spreads according to the trading account South Africans use, the financial instrument being traded, and the market conditions on the trading day.
The spread list that South Africans can expect from VT Markets is as follows:
| ℹ️ VT Markets fees and spread list | 📊 Standard STP Account | 📊 Raw ECN Account |
| 💱 EUR/USD | 1.2 pips | 0.0 pips |
| 💱 GBP/USD | 1.8 pips | 0.6 pips |
| 💱 AUD/USD | 1.6 pips | 0.4 pips |
| 💱 USD/JPY | 1.5 pips | 0.5 pips |
Additional Trading Fees
Commissions
| ℹ️ VT Markets commission fees | 💰 Commissions per 0.01 lots (1,000 units of the base currency) | 💰 Commissions per 1 lot (100,000 units of the base currency) |
| 💳 AUD | AU$0.03 per side AU$0.06 round turn | AU$3 per side AU$6 round turn |
| 💳 USD | US$0.03 per side US$0.06 round turn | US$3 per side US$3 round turn |
| 💳 GBP | GBP £0.02 per side GBP £0.04 round turn | GBP £2 per side GBP £4 round turn |
| 💳 EUR | EUR €0.025 per side EUR €0.050 round turn | EUR €2.5 per side EUR €5 round turn |
| 💳 CAD | CA$ 0.03 per side CA$ 0.06 per round turn | CA$3 per side CA$5 round turn |
Since STP Account traders only pay the spread, they are not subject to commission fees. As a result of the ECN account’s tighter spreads, the following commissions may apply, depending on the account currency and trading volume:
Overnight Fees, Rollovers, or Swaps
The Forex Swap rates are influenced by the market conditions and the countries’ interest rates associated with the selected currency pair in the Forex market. VT Markets’ financial institution partners calculate the daily rates through risk management analysis.
Every currency pair in the Forex market comes with a swap fee. Traders receive interest on the bought currency and pay interest on the sold currency. However, VT Markets does not publicly announce the standard overnight fees that traders in South Africa may encounter.
Furthermore, Muslim traders can convert an STP or ECN live trading account into a Swap-Free Islamic option using the VT Markets platform. This frees them from paying overnight costs and provides halal trading circumstances for those who adhere to sharia law.
VT Markets does not provide spread betting services to South African traders. Therefore, South Africans need not worry about spread betting fees.
VT Markets Broker Fees
Deposit and Withdrawal Fees
VT Markets does not charge any fees on deposits. However, the following withdrawal fees apply:
| ℹ️ Deposit and Withdrawal Fees |
| ✅ A fixed $20 fee for withdrawals once the free monthly withdrawal has been exceeded. |
| ✅ Fasapay incurs a 0.5% fee. |
| ✅ Skrill withdrawals will incur a 1% withdrawal fee. |
| ✅ Neteller will incur a 2% handling fee. |
Inactivity Fees
VT Markets does not charge an inactivity fee, so your account will not incur any costs even if you do not make any trades for an extended period (months or years).
Currency Conversion Fees
VT Markets will assess a Currency Conversion Fee equal to the Liquidity provider’s exchange rate plus a premium for any transactions involving instruments denominated in a currency other than your account currency.
VT Markets Fees and Spreads Pros and Cons
| ✅ Pros | ❌ Cons |
| ✅ VT Markets has zero-pip spreads on the ECN Account on major instruments such as EUR/USD | ❌ VT Markets charges withdrawal fees |
| ✅ STP Accounts are commission-free | ❌ The broker fees are not transparent and are not indicated in the broker terms and conditions |
| ✅ VT Markets offers Muslim traders an Islamic account, which frees them from interest | ❌ There is a large mark-up added to STP spreads to cover the broker fees |
| ✅ There are no deposit fees charged | ❌ VT Markets does not publish its swap fees |
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
You might also like: VT Markets Review
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You might also like: VT Markets Withdrawal Process
You might also like: VT Markets Cashback Forex Rebates
Frequently asked questions
What is the maximum VT Markets leverage ratio that I can expect?
You can choose to leverage up to 1:500 on the ECN and STP Accounts on major instruments such as Forex. However, the leverage available for other instruments might be much lower because of the inherent risk involved with leveraged trading.
How much will I pay for a VT Markets withdrawal?
This will depend on the withdrawal method you choose, ranging from 0.5% to 2%.
What is the VT Markets minimum deposit that I must pay?
VT Markets has a minimum deposit of 1,700 ZAR / $100.
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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