VT Markets Review
Over 160 nations have used the services of the Australian trading broker VT Markets. With zero pip spreads, lightning-fast execution times, deposit bonuses, and multilingual, round-the-clock customer service, over 1,000 instruments are readily available.
VT Markets PTY Ltd, a multi-asset broker, claims to be a one-stop shop for all trading needs. The business has clients throughout the EU, UK, and Canada, as well as in Asian countries like Singapore and Thailand, despite having its headquarters in Sydney, Australia. VT Markets recently built a new office in Malaysia to better serve its more than 70,000 clients and affiliates in the region.
The business was established in 2015. Chris Nelson-Smith serves as the CEO and Managing Director. The most respected regulatory bodies in the world, ASIC in Australia and FSCA in South Africa, both regulate VT markets. Additionally, Saint Vincent and the Grenadines Financial Services Authority have the brokerage’s registration (SVGFSA).
To enable traders of today to take advantage of market possibilities in their daily lives, VT Markets is dedicated to putting innovation at the forefront of its services. The broker offers services to traders who want quick execution, reliable customer assistance, nimble platforms, and quick deposits and withdrawals.
Beginner deposits for new users start at $200.
VT Markets takes great pride in its technological prowess. Therefore, it is not surprising that it provides MetaTrader 4 (MT4) and MetaTrader 5, the two most widely used trading platforms on the market (MT5). The OneZeroTM MT4 bridge, which is another strength of VT Markets, offers low latency and quick execution across numerous asset classes at any time of the day.
Assets and Markets
VT Markets provides an impressive selection of over 1,000 assets:
- Forex: more than 40 currency pairs are available for trading 24/7 on weekdays, with leverage up to 1:500 depending on your jurisdiction, experience, and asset volatility.
- Indices: more than 15 global stock exchange indices, including the S&P 500, DAX 30, and FTSE 100.
- Energy: Spot energy contracts against the US dollar for crude oil, natural gas, and gasoline
- Precious metals: contracts for gold, silver, and copper against the US dollar and euro
- Non-alcoholic products: cocoa, coffee, cotton, orange juice, and raw sugar
- US Stock CFDs: Trade over 500 US blue chip stocks for as little as $6 per trade, with long and short positions available and a leverage of 1:20.
- Hong Kong equity CFDs (over 50 Hong Kong Stock Exchange companies) start as low as 50 HKD per trade.
- EU Stock CFDs: Over 140 European Stocks with Low Commissions on the MT5 Platform
- UK Share CFDs: Over 100 Shares Listed on the LSE, Leverage 1:20
VT Markets also offers bond and ETF CFDs.
Spreads and Commission
Spreads for forex, commodities, and indices are computed while trading with VT Markets. The spread is the discrepancy between an asset’s purchase and sale prices. Essentially, this is the markup the broker adds to the price when selling it to you. Every spread is active, varies by account type, and offers ultra-low 0 pip spreads.
Some of the lowest spreads in the market are available on the ECN Raw account. Clients receive the same pricing as institutional traders since prices are obtained straight from significant liquidity providers. On this account, spreads begin at 0.0 pips. Spreads start at 1.2 pips for EUR/USD, 1.8 pips for GBP/USD, and 1.6 pips for AUD/USD on a regular STP account. Visit the MetaTrader interface and select Market Watch, then Spreads, to see the current asset spreads.
Commissions are also charged on ECN accounts. Depending on the currency of the trading account, they are valued differently. This costs $0.03 (round turnover of $0.06) for every 0.01 lot in US dollars (1000 base currencies). This equals AUD $0.03 (round trip $0.06) and GBP £0.02 (round trip £0.04) for Australian dollars.
Leverage is a trading option available at VT Markets for both FX and CFD contracts. Clients can thus open positions that are larger than their original deposits. A position formed with a leverage of 1:20 can generate 20 times more profit than one opened with a deposit might. Leverage amplifies the results of a transaction. However, there are hazards involved because losses also rise. Therefore, before engaging in leveraged trades, traders should think about their risk tolerance.
Leverage up to 1:500 is available at VT Markets, depending on the traded asset. You can only request this restriction through your customer portal. In most jurisdictions, leverage restrictions are in place as a result of regulations. Therefore, you might need to provide evidence that you are a professional trader to acquire these high-leverage ratios.
Regulation and license
Some of the top regulatory bodies in the world oversee VT Markets. The Australian Securities and Investments Commission has granted the company a license to operate in Australia (ASIC). The security this offers, including negative balance protection and client money segregation, will be advantageous to Australian clients.
The company is registered with the Financial Services Authority of Saint Vincent and the Grenadines and is subject to regulation by the Financial Conduct Authority (FSCA) of South Africa (SVGFSA).
You can self-serve any answers to your inquiries on the VT Markets website’s support center. Your initial point of contact for any requests ought to be here. Use the live chat option for more difficult questions.
Multiple languages are also available for round-the-clock customer service. firstname.lastname@example.org is the email address provided by VT Markets. Request a callback for urgent issues by going to the website’s “Contact Us” area.
For traders seeking narrow spreads along with strong technological skills, VT Markets is a great option. The best in the market have been integrated by VT Markets to offer an all-in-one service for IT clients, including quick execution times and unmatched access to some of the greatest third-party software packages, such as MT4 and MT5, ZuluTrade, and Trading Central.