- ECN accounts available
- Up to 1:500 leverage available
- Trading Central tools available
- Founded in 1999
- No MT5
- No trader education resources yet
- Not FCA regulated
- Limited range of trading tools
Company Information
Founded in 1999, VT Markets is a subsidiary of a UK publicly-listed company. The broker is regulated in two tier-1 jurisdictions, making it a low-risk for forex and CFDs trading. VT Markets is authorized and regulated by the Cayman Islands Monetary Authority (CIMA). VT Markets is also pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
Markets
VT Markets FX broker provides several hundreds of trading instruments. Among the assets that are available at VT Markets are:
● Soft commodities
● Indices
● Precious metals
● CFDs
Trading accounts
VT Markets offers two account types, namely Standard STP and Raw ECN account types. Here is the list of features of each type.
- Standard STP
- Raw ECN
• Zero commissions
• Access 30+ liquidity providers
• Fast execution with up to 100 GB/S bandwidth
• $200 minimum deposit
• Up to 1:500 leverage
• $6 commission per standard lot, per round
• 100+ tradable assets
• Spreads from zero pips
• $200 minimum deposit
Open an account
It is a very quick and easy process to open an account with VT Markets. All you need is to enter the necessary data, like personal information, address, etc. You should also indicate the trading experience. After providing all the necessary information, you are free to start trading, but first make a deposit.
Minimum deposit
The cost of trading at VT Markets varies depending on whether you choose the Raw ECN or Standard STP account. Both accounts have a minimum deposit of just $200. The Standard STP account is commission-free but comes with higher spreads relative to the Raw ECN account.
Trading Platforms
VT Markets offers its users the MetaTrader 4. MT4 is the only available platform available in all of its iterations for desktop and smart devices. MT4 web is also set up for those that do not want to install anything. You can read more about the platform here.
In addition, VT Markets offers its flagship trading platform, MarketsX. In terms of charting in MarketsX, there are nearly 90 indicators available for technical analysis – which is more than the industry average.
Besides the MT4 native app available for mobile, VT Markets also offers its proprietary mobile app as a counterpart to the MarketsX web-based platform. Like MT4 mobile, the VT Markets app is available for Android and iOS devices.
Our verdict
After careful research, we can conclude the following. VT Markets is a regulated broker offering its services since 1999. ECN account type is also available. You can also use trading central tools. However, there is a limited range of educational instruments. It uses MT4 platform, which is very convenient and popular among trading society, but it doesn’t support the updated version MT5. The leverage is not bad, namely 1:500, but there is not a great choice of trading assets. Nevertheless, before choosing the broker, just check the pros and cons compare with others and then make your decision.
VT Markets Details
Most reliable and honest broker company I’ve ever worked with. Completely trustworthy and efficient with deposits and withdraws, chat service is awesome, they always are able to help with anything with their service. They really go all out to help people. That’s what I like about them.