VT Markets Review

Overall, VT Markets is considered low-risk, with an overall Trust Score of 71 out of 100. VT Markets can be summarised as a trustworthy and worthwhile broker that is very competitive in terms of its trading fees (against major currency pairs).

Overall Rating

• 4.1/5

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OPEN AN ACCOUNT

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

VT Markets Review – Analysis of VT Markets main features

1. ✅ Overview
2. ✅ VT Markets Detailed Summary
3. ✅ VT Markets advantages over competitors
4. ✅ VT Markets safety and security
5. ✅ VT Markets Sign-up bonus
6. ✅ VT Markets Affiliate Program
7. ✅ VT Markets Minimum Deposit
8. ✅ VT Markets Account Types
9. ✅ VT Markets Trading Platforms
10. ✅ Range of Markets
11. ✅ VT Markets Deposit and Withdrawal
12. ✅ VT Markets customer support
13. ✅ VT Markets Best Countries by Traders
14. ✅ VT Markets countries not accepted
15. ✅ VT Markets vs Avatrade vs HFM – A comparison
16. VT Markets Alternative
17. Vault Markets Customer Reviews
18. VT Markets Pros and Cons
19. Conclusion
20. Disclaimer
21. VT Markets frequently asked questions

Overview

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, namely a Standard STP Account and Raw ECN Account, with the option for a Demo Account and an Islamic Account.

VT Markets Detailed Summary

VT Markets advantages over competitors

The main advantages of choosing to trade with VT Markets include:

• Customers can save money on trading costs thanks to VT Markets’ competitively low spreads.
• Traders who need access to their funds quickly will appreciate how VT Markets processes withdrawals.
• Traders of all experience levels can benefit from VT Markets’ intuitive platform.
• Support staff at VT Markets are well-versed in the company’s products and services and can provide customers with timely and accurate responses to their inquiries.
• Traders at VT Markets can take advantage of training and support from seasoned instructors who can teach them new skills and help them avoid common pitfalls.
• A large portion of VT Markets’ success can be attributed to the company’s consistent focus on customer satisfaction.

And much MUCH more

VT Markets safety and security

VT Markets is regulated by ASIC, FSCA, SVG FSA. VT Markets follows relevant regulations and has put in place Professional Indemnity Insurance to cover the work carried out by its representatives, employees, and authorized representatives. Indemnity Insurance protects against claims resulting from potential negligence or a failure to perform duties, leading to financial loss or legal implications for clients.

How VT Markets Protects Traders and Client Funds

VT Markets follows relevant regulations and has put in place Professional Indemnity Insurance to cover the work carried out by its representatives, employees, and authorized representatives.

Indemnity Insurance protects against claims resulting from potential negligence or a failure to perform duties, leading to financial loss or legal implications for clients.

Should a client incur a loss, they have the right to file a civil claim. In such circumstances, VT Markets’ Indemnity Insurance will provide coverage for litigation costs and any damages awarded by the court.

In addition, VT Markets, as a regulated broker, ensures complete openness in all its foreign exchange dealings. Rather than being mixed in with the business’s general funds, your money is protected in its dedicated account.

Security while Trading

No personal data you enter on VT Markets will ever be compromised. SSL (Secure Sockets Layer) is used to process and encrypt all electronic payments, including the registration process, to protect your privacy.

VT Markets Sign-up bonus

VT Markets offers a 50% Welcome Bonus, as well as many other promotions.

VT Markets Affiliate Program

Registering an affiliate account will enable you to promote VT Markets to potential clients. According to our review of VT Markets, the affiliate program offers a rebate of $8 per lot to partners who register as new brokers on the platform. In addition, when a client qualifies, there is also an attractive offer for each CPA affiliate in the amount of $1000.

VT Markets Minimum Deposit

The VT Markets minimum deposit amount required to register a live trading account is $100. This minimum deposit is equivalent to R1700 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

VT Markets Account Types

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.

Standard STP Account

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.

Raw ECN Account

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 Swap-free Islamic Account

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.

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.

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 Social Trading

South Africans who want to begin trading but lack the necessary knowledge and time should consider Copy trading as their best option. Using VTrade, the copy trading platform of VT Markets, you can copy the trades of professional traders worldwide and profit alongside them.

Overall Rating

• 4.1/5

Read Review

OPEN AN ACCOUNT

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

VT Markets Trading Platforms

VT Markets offers South African traders a choice between MetaTrader 4, MetaTrader 5, and VT App, VT Markets mobile app.

Range of Markets

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:

Commissions

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, commissions may apply, depending on the account currency and trading volume.

VT Markets Deposit and Withdrawal

The VT Markets minimum deposit amount required to register a live trading account is $100. This minimum deposit is equivalent to R1700 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

Deposit fees are not charged when traders transfer funds into a VT Markets account using these payment methods:

When making a minimum deposit into a live trading account with VT Markets, South African traders can choose between these deposit currencies:

VT Markets customer support

VT Markets is supported by a team of responsive customer service representatives who are available via email 24 hours a day, five days a week.

VT Markets Best Countries by Traders

VT Markets countries not accepted

VT Markets does not accept traders from the United States and North Korea

VT Markets vs Avatrade vs HFM – A comparison

VT Markets Alternative

AvaTrade – The low trading costs and Forex spreads (beginning at 0.9 pips on the EUR/USD) are the main draws to AvaTrade for traders in South Africa. Indeed, AvaTrade’s R1,700 (or USD 100) minimum deposit might not be the lowest available. However, for most traders just starting, it is more than reasonable.

Vault Markets Customer Reviews

Highly Recommend.

The trainers at VT Markets have an extraordinary talent for understanding trends. – Judy

VT Markets is the best broker I have ever worked with.

VT Markets have proven to be a trusted broker, with a low spread and fast withdrawals. My recent withdrawal experience was a testament to their reliability – Leila

Superb and wonderful experience.

The customer support team is very prompt and straightforward in handling any issues that may arise. – Frankie

VT Markets Pros and Cons

Overall Rating

• 4.1/5

Read Review

OPEN AN ACCOUNT

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

Conclusion

By offering a combination of low costs, fast and reliable service, and professional support, VT Markets is well-positioned to meet the needs of traders in the financial markets. VT Markets is an outstanding broker suitable for novice and seasoned traders. Furthermore, VT Markets is heavily regulated and offers Islamic accounts and MetaTrader 4 and 5, among other features.

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You might also like: VT Markets Account Types Overview

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You might also like: VT Markets Fees and Spreads

You might also like: VT Markets Islamic Account Overview

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You might also like: VT Markets Withdrawal Process

You might also like: VT Markets Cashback Forex Rebates

Disclaimer

Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader.  Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital.

Our Review Methodology:  For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.  This evaluation is comprised of positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements.  Our broker review should not be considered financial advice and traders are urged to seek professional financial advice before making any investment or trading decisions.

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. You should not start investing capital that you cannot afford to lose, because you could incur a loss of part or your entire original investment.

VT Markets frequently asked questions

Do VT Markets have Nasdaq 100?

VT Markets offers Nasdaq 100 along with other popular indices.

Is VT Markets Safe or a Scam?

VT Markets is a legitimate and safe forex broker well-regulated by a Tier-1, Tier-2, and Tier-3 regulator.

What support does VT Markets offer for its traders?

VT Markets offers its traders a range of support services, including a dedicated support team, educational resources, and a comprehensive FAQ section.

How do I deposit funds with VT Markets?

VT Markets offers a range of deposit methods, including bank transfers, credit/debit card transfers, and online payment systems.

What are VT Markets?

VT Markets is a financial services company that provides online trading services for various financial instruments, including foreign exchange (forex), indices, commodities, and shares.