VT Markets is a multi-asset CFD broker that offers retail and professional clients access to forex, indices, commodities, share CFDs, and other markets through the popular MetaTrader and TradingView platforms. Established in 2015, the broker now operates under several regulatory umbrellas – including the SCA in Dubai, South Africa’s FSCA, and the offshore regulator of Mauritius – to service traders in dozens of countries across the globe. Leverage is capped at 1:1000. On the downside, VT Markets currently lacks a license from a tier-1 regulator.
VT Markets positions itself as a cost-efficient, technology-driven provider with raw-spread pricing, deep liquidity, and a variety of copy-trading and analytical plug-ins designed to appeal to both discretionary and algorithmic traders. In practice, you can trade over 1,000 instruments through two main live account types with a minimum deposit of $100, or go for the swap-free or cent account options. As for experienced traders, they can go with a professional account.
Customer sentiment is solid: at the time of writing, the broker scores approximately 4.4 stars on Trustpilot based on 1,945 published reviews, with many clients praising fast withdrawals and responsive live chat, while criticism centers on occasional slippage during volatile periods and identity-verification delays.
| Overall Summary of VT Markets | |
|---|---|
| Year Founded | 2015 |
| Minimum Deposit | $100 ($50 for Cent accounts) |
| Tradable Instruments | Forex, Indices, Energies, Precious Metals, Soft Commodities, ETFs, CFD Shares, CFD Bonds |
The $100 entry threshold for most live accounts keeps VT Markets within reach of the majority of retail traders while still allowing the broker to maintain true-spread price feeds and adequate margin buffers. For traders who are just starting out with live trading, there is also a cent account that enables deposits of $50.
A catalogue of roughly 40+ FX pairs, 26 global indices, 20+ commodities, more than 800 share CFDs, and 7 bond products provides ample flexibility for diversified strategies, though the lack of cryptocurrencies will deter blockchain enthusiasts. Cost-wise, raw-spread commissions of $6 per round-turn lot put VT Markets ahead of competitors who charge commissions of $7 or higher.
Key Pros and Cons
If you are looking for a quick snapshot of VT Markets, here are a few key pros and cons of trading with this broker.
Key Pros
- Competitive raw-spread account (from 0.0 pips + $6 per lot) suitable for active traders and scalpers
- Choice of MetaTrader 4, MetaTrader 5, TradingView, and Web Trader
- Demo account, minimum live account requirements of $100 and $50, and copy-trading integration make the trading brand suitable for beginners
- 24/7 support through live chat and email
- Leverage up to 1:1000
- Diverse product list including 800+ share CFDs, over 40 FX pairs, and more
- Dedicated mobile app
- Extensive library of research content as well as webinars
- ECN and STP execution
- MAM/PAMM, professional, and swap-free accounts are also available
Key Cons
- No tier-1 regulation
- The broker charges withdrawal fees on some cashout transactions
- No cryptocurrencies
- Standard STP spreads are a tad higher than competitor brands
- The broker’s approach toward negative balance protection does not prevent negative balance, which may be confusing to some traders
- No phone support
- Demo accounts are valid for 90 days
Overall, VT Markets scores well on core execution quality, costs, and platform flexibility. The broker’s regulatory mix makes for a strong international presence, yet falls short of multi-jurisdiction providers with licenses from watchdogs like the FCA and ASIC.
Beginners benefit from straightforward account opening and a sensible $100 minimum ($50 for cent accounts), and a demo account. The choice of live accounts, meanwhile, is abundant, with ECN, STP, MAM, PAMM, professional, cent, and swap-free accounts all being among the available options.
Company Information
VT Markets is a broker operated by VT Markets (Pty) Ltd and VT Markets Limited. Its roots date back to 2015, and the broker recently celebrated its 10-year anniversary.
In terms of regulatory oversight, its corporate structure is as follows:
- VT Markets (Pty) Ltd, regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under license number FSP No. 50865; office address:18 Cavendish Road, Claremont, Cape Town, Western Cape, 7708, South Africa
- VT Markets (Pty) Ltd, regulated by the UAE Securities and Commodities Authority (SCA) under license number License No. 20200000299
- VT Markets Limited, regulated by the Financial Services Commission (FSC) of Mauritius under license number License No. GB23202269; office address: 40 Silicon Avenue, The Catalyst, Level 2, Suite 201, Ebene, Mauritius
- VT Markets LLC, regulated by the Financial Services Authority (St Vincent & the Grenadines), company number 673 LLC 2020
The broker also lists a registration number (No. HE436466) in Cyprus, with the registered address being 160 Archbishop Makarios III Avenue, Floor 1, 3026 Limassol, Cyprus, but it does not offer its trading services in the region.
Additionally, VT Markets used to be registered in Australia with the ACN (Australian Company Number) 623 509 731 and owned a license to operate in the jurisdiction. Moreover, the company address on the broker’s LinkedIn page is Sydney, NSW 2000, AU. However, the brand was deregistered in November 2025.
Ownership remains private, and VT Markets’ trading operations have earned a range of awards over the years. Some of the brokerage’s latest accolades include:
- Best Global Multi-Asset Broker 2025 (Australian Enterprise Awards)
- Fastest Growing Multi Asset Brokerage Company Europe (Finance Derivative Awards)
- Most Outstanding Multi Asset Brokerage Company UAE (Finance Derivative Awards)
- Best Trading Platform EMEA 2025 (World Business Outlook)
- Best STP Broker UAE 2025 (World Business Outlook)
- Fastest Growing CFD Broker LATAM 2025 (World Business Outlook)
VT Markets positions itself as a “technology-enhanced” discount broker that competes on market coverage, raw pricing, and order-execution speed, while adding value through third-party analytics (Trading Central), FIX/API connectivity, copy-trading partnerships, support of some of the top platforms (MT4/5, TradingView), mobile compatibility, and a VPS refund program.
Why Trade with VT Markets?
Choosing a broker is ultimately about matching platform, cost structure, regulation and service level to your personal trading objectives. VT Markets appeals primarily to FX and CFD traders who value tight raw spreads, MetaTrader and TradingView flexibility, and the option to scale to higher leverage. The broker’s integration with popular copy-trading ecosystems makes it equally attractive to newcomers who want to replicate strategies without coding expertise, while its VPS rebates and FIX API support high-frequency retail traders.
Below is a concise overview of the features that distinguish VT Markets from other CFD brokers.
| Aspect | What We Like |
|---|---|
| Product Range | The broker’s library covers 1,000+ tradable instruments, including forex, indices, hard and soft commodities, ETFs, and CFDs on shares and bonds |
| Trading Conditions | Raw spreads can drop to 0.0 pips during liquid market sessions with a transparent $6 round-turn commission |
| Platforms & Tools | Full MT4/MT5 suite, TradingView support, proprietary VT Markets mobile app, Trading Central plug-ins, copy-trading, VPS refund program |
| Account Setup and Variety | Fully digital KYC with average approval in under 12 hours, demo accounts do not expire, and the supported live account types include Standard STP, Raw ECN, cent accounts, swap-free accounts, professional accounts, and accounts for MAM and PAMM trading |
| Research | Economic calendar, daily technical outlooks, and Trading Central analytics |
| Customer Support | 24/7 live chat and email support supplemented by an extensive FAQ centre |
For scalpers and intraday speculators, the combination of low latency, raw-spread pricing, and high leverage can translate into meaningful cost savings if managed responsibly. Those seeking passive exposure through signal replication will find the integrated social-trading modules convenient, though they should still perform due diligence on master-account statistics. Conversely, traders and investors looking for cash equities, futures, long-dated options, or the opportunity to branch out into crypto CFD trading will find VT Markets’ offering limited.
Regulation
Regulation is arguably the most important yardstick when assessing a CFD broker’s trustworthiness, as it dictates how client funds are handled, what leverage can be offered, and what recourse is available in the event of insolvency. VT Markets operates a multi-entity structure, each subject to its own supervisory body and legal obligations.
- South African clients contract with VT Markets (Pty) Ltd, authorized by the Financial Sector Conduct Authority (FSCA) as Financial Services Provider 50865. The FSCA is not considered tier-1 within the global hierarchy: oversight is robust, but compensation schemes are more limited than in markets such as the UK. Nevertheless, FSCA authorisation requires local-currency client accounts to be maintained in segregated trust arrangements with South African banks.
- In Dubai, VT Markets (Pty) Ltd is regulated by the UAE Securities and Commodities Authority (SCA) under license No. 20200000299. The SCA is widely regarded as a reliable financial regulator; it mandates minimum capital requirements, regular financial reporting, and segregation of client money.
- Clients outside South Africa and Dubai may fall under VT Markets LLC (St Vincent & the Grenadines, registration number 673 LLC 2020) or VT Markets Limited (Mauritius, License No. GB23202269). These jurisdictions are classified as offshore, offering flexible leverage (up to 1:500 or 1:1000), simplified marketing rules, and no statutory investor compensation.
Here is a detailed breakdown of each license:
| Region | Entity | Authority | License | |
|---|---|---|---|---|
| South Africa | VT Markets (Pty) Ltd | Financial Sector Conduct Authority (FSCA) | FSP No. 50865 | |
| Dubai | VT Markets (Pty) Ltd | UAE Securities and Commodities Authority (SCA) | License No. 20200000299 | |
| Mauritius | VT Markets Limited | Financial Services Commission (FSC) | License No. GB23202269 | |
| St Vincent & the Grenadines | VT Markets LLC | Financial Services Authority (St Vincent & the Grenadines) | Company number 673 LLC 2020 | |
While the aforementioned frameworks facilitate global expansion, they provide weaker recourse should a dispute escalate. VT Markets addresses this gap by offering negative balance protection to retail customers across all entities, holding client funds in segregated accounts at AA-rated banks, and offering client compensation through Lloyd’s Insurance and the Financial Commission’s Compensation Fund. The Financial Commission is also the entity that oversees dispute resolution.
In terms of transparency, VT Markets publishes its legal documents. This includes, but is not limited to, its VT Mauritius Best Execution Policy, Privacy Policy, and a detailed risk disclosure that are all available on the broker’s website.
VT Markets’ operations in Australia were halted in November 2025, following a deregistration proposal made by ASIC on September 16, 2025. At present, there is no information on whether VT Markets plans to apply for a new ASIC license.
KYC Procedure for Account Creation and Depositing
The VT Markets onboarding process is fully digital and can be completed via desktop or the mobile app. Prospective clients will find that they will have their account up and running in no time.
Here are the steps you need to take if you plan on trading at VT Markets:
- Initiate the Account Creation Process: You must first open VT Markets’ website and select “Trade Now.”
- Initial Set Up: There, find your country of residence in the provided list, fill in your e-mail address, and create a password. If you have a referral code, place it in the designated field. Then, make sure that the “I am not a US resident” box is ticked, and click “Open a live account.”
- Personal Information: Input your full name, gender, date of birth, nationality, and phone number. Once done, proceed to the next step.
- Account Configuration: Choose your preferred platform (M5, MT4, Copy Trading), account type (Standard STP, Standard STP Swap-Free, Raw ECN, Raw ECN Swap-Free), account currency (USD, AUD, GBP, CAD, EUR, JPY, HKD), and create a password for your live account.
- Continue on Your Desktop Browser or Your Mobile Device: You can now proceed with ID verification or make a deposit. If you choose the former and are registering through the desktop browser, you will be prompted to choose between continuing on your current device or your phone.
- Privacy Notice: Confirm that you have read VT Markets’ Privacy Notice and the Notification to Processing of Personal data, and continue.
- Resubmit Personal Information if Necessary: Confirm that your personal information is correct or input anything you may have missed in the previous steps, then proceed.
- Pick Your Preferred Document Type: Choose the type of document you plan to submit for verification, and select its issuing country. The eligible options are a driver’s license, ID card, residence permit, and passport.
- Submit Your Documentation: If you go with an ID card, you will need to upload both its front and back sides. Regardless, the photos must be in the JPG, PNG, HEIC, WEBP, or PDF format, and the information needs to be clear. Once done, follow VT Markets’ instructions to complete the verification process.
Identity verification adheres to the usual Know-Your-Customer (KYC) standards. Most accounts are approved within 12 hours, according to the broker, although the process could be delayed if the user has uploaded low-resolution photos of their documents, expired documents, or if there are mismatched names or other personal data.
The broker notifies clients via e-mail and push notification once approval is complete, at which point funding methods are unlocked. Demo accounts can be opened prior to document submission, but are valid for 90 days.
Professional-status accounts (Pro ECN) can also be opened; they come with additional requirements regarding one’s trading volume and their account balance.
Account Types
VT Markets offers a range of live trading accounts along with demo trading. Standard STP and Raw ECN are the core account types, with the former being commission-free while the latter features a commission of $6 (round turn) in exchange for spreads as low as 0.0 pips.
Standard STP
The zero-commission offering from VT Markets utilizes Straight-Through Processing (STP) technology, ensuring that trades are executed directly without any dealing desk. Trading with such an account requires that you deposit at least $100, with the base currencies being AUD, USD, HKD, GBP, EUR, and CAD.
You can trade with spreads starting at 1.2 pips, and the minimum trading size stands at 0.01 lots.
This account type grants access to VT Markets’ full suite of financial instruments, ranging from traditional currency pairs to commodities and equity CFDs. Some products can be traded with leverage of up to 1:1000.
Users also have the flexibility to trade via their preferred interface, with full support for MetaTrader 4, MetaTrader 5, and TradingView. Mobile trading is also an option.
Raw ECN
If you are interested in trading with the lowest spreads VT Markets has to offer, this account will be of interest. Here, VT Markets utilizes Electronic Communication Network (ECN) execution to allow traders to take advantage of institutional grade spreads that can drop to 0.0 pips. Trading involves a commission of $3 per side. VT Markets also advertises network bandwidth of 100 GB/S.
Apart from its trading execution and significantly lower trading costs, many of this account’s characteristics match the Standard STP offering. Namely, the $100 minimum deposit still applies, clients have access to all of the platforms supported by VT Markets, and trades start at 0.01 lots.
In addition to the above covered accounts, there are also options for budget traders, users who need to abide by Sharia rules, and professionals. Below, you can learn more about each of these additional account types and decide if any of them will suit your trading goals.
Demo Account
This is an option for anyone who is looking to test out VT Markets in a risk-free, simulated environment without depositing real money into their account. You are not required to undergo verification before you open such an account.
Once you open the demo account creation menu, you will be presented with the option to choose between MT5 and MT4, and the account types available for demo trading are Standard STP and Raw ECN. As for the selection of currencies for virtual trading, USD, AUD, GBP, CAD, EUR, and JPY are all supported, though you may have different options depending on where you reside. You can practice trading with a leverage cap of 1:100 or higher limits of up to 1:1000.
Last but not least, choose the size of your account balance. The options range from $1,000 to $100,000.
Once you are done, VT Markets will email you your demo account login credentials:
- Your account number, i.e. your MT4/5 Login
- MT4/5 Password
- MT5 Server
Cent Accounts
These accounts are suitable for users who feel ready to move on from paper trading, but are on a tight budget or still lack the confidence to trade with standard live accounts. Opening a Cent account requires depositing just $50. Micro trading that starts at 0.01 lots is available, and the currency you can utilize here is USC (US Cent).
The selection of markets is far more narrow than what you will find when using typical live accounts, which is something to keep in mind. Namely, the available instruments here include forex, gold, silver, and oil.
The exact trading conditions are dependent on whether you have gone with a Cent Account STP or a Cent Account ECN:
| VT Markets Swap-Free Accounts | ||
|---|---|---|
| Account Type | Cent Account STP | Cent Account ECN |
| Minimum Deposit | $50 = 5,000 USC | $50 = 5,000 USC |
| Minimum Withdrawal | $40 = 4,000 USC | $40 = 4,000 USC |
| Minimum Trading Size | 0.01 lot | 0.01 lot |
| Platform | MetaTrader 5 | MetaTrader 5 |
| Execution Type | STP | ECN |
| Spread From | 1.1 pips | 0.0 pips |
| Commission | $0 (per round turn) | $6 (per round turn) |
| Swap Free | Yes | Yes |
| Base currencies | $ USC | $ USC |
| Applicable Product Types | Forex, Gold, Silver and Oil only. | Forex, Gold, Silver and Oil only. |
Pro ECN
If one is a high-volume trader with a lot of experience under their belt, the Pro ECN account boasts features that will cater to their trading style. Here, the supported platform is MT5, and the base currencies include USD, GBP, EUR, and CAD.
The account’s key advantage is its commission structure, seeing as it differs from the rest of VT Markets’ offerings. Silver and oil are commission-free, while forex and gold’s commissions are dependent on the base currency.
Traders from north of 30 countries are eligible for a Pro ECN account, including but not limited to France, Canada, Germany, Finland, the Marshall Islands, Bulgaria, Sweden, and French Guiana.
Note that maintaining a Pro ECN account demands being active and meeting the broker’s trading requirements for 30 days over a 90-day period. The conditions are as follows, though keep in mind that you need to meet only one of them:
- 5+ closed trades and a notional trading volume of $500,000 or more
- Account balance must exceed $10,000, and you should have at least one closed trade
Upon failing to meet the aforementioned requirements, your account will be switched to VT Markets’ ordinary Raw ECN account.
Islamic Account
VT Markets welcomes Muslim traders with its swap-free accounts offerings. Both the core account types, Standard STP and Raw ECN, have swap-free versions, and the same applies to their cent counterparts. Professional traders with Pro ECN accounts can also trade without overnight fees if they enable swap-free trading.
Some brokerage firms have strict requirements on who can access swap-free trading on their platforms, often requiring that the user be a resident of predominantly Muslim countries or provide written proof of their religious beliefs from a recognized religious authority. VT Markets demands no such confirmation. Anyone who would like to substitute rollover rates for fixed fees can open a swap-free account when they register. If the option is absent, traders are advised to get in touch with a representative of VT Markets’ support team.
As for the account specifications, once again, they can vary. Here is an overview of the main swap-free accounts based on your account’s execution model:
| VT Markets Cent Accounts | ||
|---|---|---|
| Execution Type | STP | Raw ECN |
| Swap-Free | Yes | Yes |
| Platform | MetaTrader 4, MetaTrader 5, WebTrader, MT4/5 Mobile | MetaTrader 4, MetaTrader 5, WebTrader, MT4/5 Mobile |
| Minimum Deposit | $100 | $100 |
| Leverage | 1:1000 | 1:1000 |
| Spread From | 1.2 pips | 0.0 pips |
| Commission | $0 | $6 |
| Trading bonus | Available | Available |
| Base Currencies | AUD, USD, GBP, EUR, CAD* | AUD, USD, GBP, EUR, CAD* |
* May differ based on your country of residence
Copy Trading
VT Markets clients who are interested in leveraging the experience of seasoned traders can do so if they start copy trading. Opening such an account can be done after one creates a live VT Markets account and verifies their identity. The minimum deposit is $10, and copying is done automatically once they follow the strategies of signal providers, specify the size of their investment, and adjust the stop loss and take profit settings.
As for signal providers themselves, they can create and share up to 100 strategies and make additional earnings once other traders copy their strategies. Signal providers also get a referral code that they can utilize to expand their following.
MAM and PAMM Accounts
Multi-Account Manager (MAM) and Percentage Allocation Management Module (PAMM) systems allow investors to benefit from expert strategies without manual trading. The services differ in how capital is handled, and in this section, we provide an overview of the MAM and PAMM solutions offered by VT Markets.
MAM Accounts
A Multi-Account Manager (MAM) setup allows an expert to execute a single trade that is then distributed across all linked accounts according to specific, pre-defined allocation rules. This structure is particularly valuable for traders who prefer a hands-off approach, as it allows them to take advantage of the skill of a veteran trader while maintaining a strategy aligned with their personal risk tolerance.
While the broker itself may not charge for platform access, money managers often earn via performance-based fees, ensuring their incentives match the success of their clients. Entry requirements, such as the initial deposit minimum, are generally flexible and determined by the specific manager’s strategy.
PAMM Accounts
A Percentage Allocation Management Module (PAMM) functions as a centralized investment hub where a seasoned professional manages a collective pool of capital from various contributors. All financial outcomes (both gains and deficits) are automatically assigned to participants based on the exact percentage of the total fund they own. Like MAM accounts, this model is suitable for novices with minimal market knowledge and traders looking to engage with the markets without needing to execute trades themselves.
Managers enjoy a high degree of flexibility, with the ability to implement diverse trading styles and utilize customizable, white-label interfaces to oversee their operations. While the broker provides the technical infrastructure and seamless funding options, the primary cost for investors is a performance-based fee, which is a pre-agreed percentage of the profits paid to the manager.
Trading Fees and Other Costs
Online trading can come with various fees and costs that will affect your trading approach and potential profits. Going with a broker featuring reasonable fees is a must, and VT Markets performs well here by utilizing a straightforward pricing model.
- Trading Costs: VT Markets builds its fee policy around a transparent combination of variable spreads and, depending on the account type, fixed commissions.
- Non-Trading Costs: Non-trading fees are benign, with the only costs of note being the broker’s withdrawal fees.
Here is a brief overview of the costs before we examine them in detail:
| Costs/Fees | What is This? | With VT Markets |
|---|---|---|
| TRADING FEES | ||
| Spreads | The expenses resulting from the difference in bid and ask prices. Wider spreads lead to higher costs. | Spreads from 1.2 pips (Standard STP) and 0.0 pips (Raw ECN |
| Commission | A flat fee paid upon opening and closing a position |
|
| Financing Charges | The cost of holding open positions overnight after the trading day ends | Standard swap rates, a fixed fee is charged if the account is swap-free |
| NON-TRADING FEES | ||
| Deposit Fees | Fees charged by the broker to fund your account | None at VT Markets (see more in Deposit Methods below) |
| Withdrawal Fees | Fees charged by the broker to withdraw money from your account |
(see more in Withdrawal Methods below) |
| Inactivity Fees | Fees charged on dormant trading accounts | None |
| Administration Fees | Charged for account maintenance after longer periods of inactivity | None |
Spreads
As established, VT Markets offers two core account types with differing cost structures. On the Standard STP account, forex spreads can go as low as 1.2 pips. This is often the spread associated with the EUR/USD pair during the London and New York sessions, but it may widen in off-market hours. Other majors’ spreads also tend to hover below the 2-pip mark.
Raw ECN spreads are far tighter. For the EUR/USD pair, it often drops to almost 0.0 pips, and the same applies to plenty of other major pairs. Therefore, the commission makes up the bulk of the costs when trading with a Raw ECN account.
| Instrument | Standard STP | Raw ECN |
|---|---|---|
| EUR/USD | 1.2 | 0.1 |
| USD/JPY | 1.4 | 0.3 |
| GBP/USD | 1.3 | 0.1 |
| AUD/USD | 1.3 | 0.1 |
| USD/CAD | 1.4 | 0.0 |
| USD/CHF | 1.2 | 0.1 |
| NZD/USD | 1.5 | 0.3 |
The broker’s spreads are floating, and the above values may not reflect current market spreads
The above spreads can also help us calculate the overall costs of trading when we trade with standard lots, and a one-pip movement amounts to $10. It is also crucial to note that with Raw ECN accounts, the commission plays a key role in determining the cost:
Standard STP EUR/USD Cost
- Spread: 1.2
- Commission Per Side: $0
- TOTAL COST: 1.2 x $10 = $12 per side and $24 per round turn
Raw ECN EUR/USD Cost
- Spread: 0.1
- Commission Per Side: $3
- TOTAL COST: (0.1 x 10) + 3 = 4 + 3 = $7 per side and $14 per round turn
As is the case with most brokers offering commission-based accounts, Raw ECN pricing appears to be superior even when the commission is accounted for.
Compared with the industry, VT Markets’ spreads are a tad wider than we would like. Many brokerages boast EUR/USD spreads that stand at exactly 1 pip on average, or may even fall below the 1-pip mark. Out of the below examples, VT Markets’ EUR/USD spread is the highest. We can observe the same trend among other popular pairs, though there are exceptions like the USD/CAD, whose VT Markets spread of 1.2 pips is lower than Admirals’ 1.8 pips.
| Instrument | VT Markets Standard STP* | IC Markets Average Spreads | Scope Markets Average Spreads | Admirals Average Spreads |
|---|---|---|---|---|
| EUR/USD | 1.2 | 0.82 | 0.9 | 0.8 |
| GBP/USD | 1.4 | 1.03 | 1.1 | 1 |
| USD/JPY | 1.3 | 0.94 | 1.1 | 1.2 |
| USD/CHF | 1.3 | 0.99 | 1.3 | 1.6 |
| AUD/USD | 1.4 | 0.83 | 0.9 | 1 |
| USD/CAD | 1.2 | 1.05 | 1.2 | 1.8 |
| NZD/USD | 1.5 | 1.38 | 1.3 | 1.9 |
* The broker’s spreads are floating, and the above values may not reflect current market spreads
Commissions
Earlier, we saw that VT Markets offers a Raw ECN account with a reasonable round-turn commission of $6 per standard lot, or $3 per side. The commission will be low if you decide to go with smaller lot sizes:
- Round Turn Commission Per One Standard Lot (100,000 units): $6
- Round Turn Commission Per One Mini Lot (10,000 units): $0.60
- Round Turn Commission Per One Micro Lot (1,000 units): $0.06
We should also note that besides Raw ECN, VT Markets offers another commission-based account dubbed Pro ECN. This account features favorable trading conditions, particularly when it comes to its costs.
Users who decide to trade silver and oil will not be charged a commission. The round turn commission only goes up to $4 if you trade forex and gold, and its exact size differs based on the base currency:
| Base Currency | Commission (Per Lot, Per Side) | Round Turn Total |
|---|---|---|
| USD, EUR | $1.50 | $3 |
| GBP | $1.00 | $2 |
| CAD | $2.00 | $4 |
Financing Charges
Trading with leverage comes with a range of peculiarities, swap fees being one of them. Swaps are charged for keeping leveraged positions open past market hours. They may also be paid to the trader if their position moves in their favor.
At VT Markets, the different swap rate types are calculated as follows:
- In Points: Swap x Contract Size x 10^-Digit x Lot x Holding Days
- In Currency: Swap x Lot x Holding Days
- In Percentage: Swap / 100 / 360 x EOD Price x Contract Size x Lot x Holding Days
(EOD Price = Yesterday’s average close price, which is (Ask+Bid Price)/2
Swap rates are updated on a regular basis, and you can see the swap rates that were relevant on December 19, 2025, below:
| VT Markets Swap Rates on December 19, 2025 | ||
|---|---|---|
| Instrument | Long | Short |
| EUR/USD | -7.32 | 3.39 |
| USD/JPY | 8.61 | -18.39 |
| GBP/USD | -0.29 | -1.68 |
| AUD/USD | -0.84 | -0.29 |
| USD/CAD | 3.15 | -8.98 |
| USD/CHF | 5.19 | -12.69 |
| NZD/USD | -3.1 | 1.31 |
Swap-free Islamic accounts avoid interest and fees altogether for the first three nights; thereafter, a flat admin fee kicks in. Additionally, Muslim clients’ trades are subject to spread and commission fees based on their swap-free account’s execution model:
- STP: spreads from 1.2 pips, $0 commission
- ECN: spreads from 0.0 pips, $3 commission per side ($6 round turn)
Deposit Fees
VT Markets does not charge its clients for depositing funds into their accounts. This puts VT Markets in line with most reputable brokerages that operate online. For further details, see Deposit Methods.
Withdrawal Fees
The usage of certain payment solutions for withdrawals can result in fees at VT Markets. Each month, clients can take advantage of one free withdrawal made via bank transfer. However, subsequent cashouts involve a fixed fee of $20.
The other two methods that involve fees are Neteller and Skrill. VT Markets attaches a 1% handling fee to transactions involving the former, while the latter’s fee stands at 2%.
VT Markets does stress, however, that handling fees may differ based on what withdrawal solution you go with and where you reside. The exact details can be found on the withdrawal page of your account portal.
If you would like to learn more about cashouts at VT Markets, you can check out Withdrawal Methods.
Inactivity Fees
Traders do not need to be concerned about inactivity fees at VT Markets. This slots VT Markets among the more cost-effective trading firms that operate online, seeing as most brokers charge their clients for account dormancy.
VPS Fees
To optimize automated trading, VT Markets offers a Virtual Private Server (VPS) solution that ensures continuous connectivity and execution, even when your personal hardware is offline. While traders initially cover their own VPS costs, the broker provides a tiered reimbursement scheme based on trading activity. To qualify, clients must deposit a minimum of $1,000 and opt in via their portal.
Refunds are calculated based on monthly turnover: a notional volume between $500,000 and $999,999 secures a rebate of up to $25, while reaching or exceeding $1 million increases the maximum credit to $50. Only closed positions contribute to these requirements. To claim their refund, users must upload a valid invoice within three months of the billing cycle. Approved rebates are typically credited within the first 10 days of the following month.
MAM and PAMM Fees
If you decide to take advantage of VT Markets’ MAM and PAMM accounts by following the strategies of experts, you should keep in mind that some fees will be involved. The main such costs are performance fees, which are charged based on the account or fund manager’s profitability.
Overall on Fees
VT Markets maintains a competitive advantage through its Raw ECN pricing structure, offering a commission rate of $3 per side that undercuts many industry competitors, but stands higher than the top discount brokerages. The cost-efficiency of the platform is further enhanced by the absence of fees for account inactivity or incoming deposits. Conversely, the Standard STP spreads could be better, and the presence of withdrawal fees will deter some traders.
Desktop Trading Platforms
VT Markets’ core trading environment revolves around MetaTrader 4 and MetaTrader 5, both available as downloadable Windows/Mac applications and browser-based WebTrader. The broker also supports TradingView, giving users ample choice to pick the platform that best fits their trading goals and preferences.
MetaTrader 4
MetaTrader 4 (MT4) offers a high-performance environment for trading over 400 financial products, including forex and CFDs on shares, commodities, and the like. While its user interface may feel outdated, the software maintains a loyal following thanks to its lightweight footprint and vast ecosystem of custom indicators and Expert Advisors. The platform is further distinguished by its deep technical capabilities, featuring numerous built-in indicators and graphical objects to help users refine their market analysis.
To ensure that execution remains rapid and stable, VT Markets utilizes an advanced Equinix fiber-optic network, which connects trading servers across major global financial hubs like London and New York. This infrastructure minimizes latency and prevents interruptions, providing a professional-grade experience for both manual and automated traders.
Key Benefits of MT4 at VT Markets:
- 30+ native indicators and 31 graphical tools
- Near-instant execution and reduced slippage thanks to the Equinix fibre-optic infrastructure
- Expert Advisors (EAs)
- Compatible with macOS and Windows devices, and a web trader is available on browser
MetaTrader 5
The successor of MT4, MetaTrader 5 utilizes the advanced MQL5 language for sophisticated automated trading and custom indicators. It offers an upgraded environment with a modern interface, superior charting, and deeper analytical data without additional costs.
What is more, MT5 significantly broadens market access for VT Markets users, allowing for the diversification of portfolios across a selection of over 1,000 assets. Installation is straightforward: once logged into the client portal, users can download MT5 or use the web trader to log in with their credentials and begin trading.
All in all, MT5 has the following to offer to aspiring FX traders and those interested in other markets:
- The advanced MQL5 language enables sophisticated automated trading and custom indicators
- 21 available timeframes for precise market analysis
- Seamless, uninterrupted trading powered by the high-speed Equinix network
- More than 1,000 trading instruments
- Stay updated on essential financial events through a built-in notification system
- One-minute historical quote data can be utilized for back-testing and the refinement of trading strategies
TradingView
TradingView at VT Markets provides a powerful, web-based alternative for individuals who prioritize advanced charting and accessibility. Unlike traditional software, this platform operates entirely within your browser, removing the need for any installations while offering full compatibility across desktops, tablets, and smartphones.
The platform features north of 20 chart varieties and more than 100 drawing tools that can be utilized to perform precise technical analysis on over 1,000 assets, including forex, commodities, and stock CFDs. The interface is designed to be intuitive for newcomers and veterans alike, featuring real-time price feeds and customizable alerts for specific market movements.
- Access to the broker’s full trading suite instantly from any web browser
- 20+ different chart types and a library of 100+ drawing tools for in-depth analysis
- Personalized notifications for price hits, technical signals, or specific trendline breaks
- Users can leverage professional-grade features like Pine Script® for creating custom indicators and backtesting strategies
- 1,000 trading instruments
VPS and Other Trading Tools
VT Markets provides a Virtual Private Server (VPS) service tailored for traders who prioritize stability and execution speed. By hosting platforms like MT4 or MT5 on a remote server, users can keep their automated strategies active 24/7, and there is no need for them to keep their devices powered on. This setup significantly reduces latency by maintaining a high-speed connection to brokerage servers.
While traders cover the initial hosting fees, the broker offers a reimbursement program to mitigate these expenses. Participants must maintain a minimum $1,000 deposit and meet specific trading volume benchmarks if they wish to take advantage of a monthly rebate of up to $50. Once the billing cycle concludes, traders can upload their invoices via the Client Portal for verification, with refunds typically processed within the first ten days of the following month.
Other key trading tools at VT Markets include:
- Market Buzz: An AI-driven radar that identifies current social trends and volatility-inducing topics moving the markets.
- Economic Calendar: A tracking tool that allows users to sort historical and upcoming data by importance and region.
- Trading Glossary: This is a convenient digital guide explaining complex industry jargon and financial concepts in simple terms.
- Expert Advisors: Rule-based algorithmic systems that run nonstop to execute trades automatically without human intervention or emotional bias.
- ChartIQ: High-performance charting technology designed for sophisticated technical inspection and market visualization.
- TradingCentral: A strategic hub offering data-heavy analytics, technical research, and actionable insights to support daily decision-making.
Mobile Trading Platforms
VT Markets offers several mobile-trading options: the standard MetaTrader 4/5 apps (iOS/Android) and the proprietary “VT Markets” app. MT4/5’s mobile applications retain most core features, including interactive charts, 30+ indicators, push notifications, and complete order management. They remain the go-to choice for traders who want a consistent interface across devices.
The VT Markets app consolidates account funding, portfolio monitoring, economic news, and basic charting within a single, modern interface. It grants access to the broker’s library of 1,000 assets and features a dark mode and quick-deposit widgets. However, charting tools are limited compared to the MetaTrader selection, which could be frustrating for users who value technical analysis.
In everyday use, the VT Markets app is snappier than MetaTrader, particularly for checking margins and initiating quick withdrawals. Yet serious charting or EA deployment still necessitates the desktop versions. Mobile-supported order types include market, limit, stop, and stop-limit; trailing stops must be placed via desktop or remain server-side through an EA.
| VT Markets Mobile Trading App | ||
|---|---|---|
| Feature | VT Markets App for Android | VT Markets App for iOS |
| Minimum System Requirements | 7.0 and up | iOS 12.0 or later |
| User Rating | 4.4 | 3.4 |
| User Reviews | 27 | 25 |
| Supported Languages | English, French, Japanese, and 10+ other languages | English, French, Japanese, and 15+ other languages |
| Forex Pairs | 40 | 40 |
| Other Tradable Assets | Indices, Energies, Precious Metals, Soft Commodities, ETFs, CFD Shares, CFD Bonds | Indices, Energies, Precious Metals, Soft Commodities, ETFs, CFD Shares, CFD Bonds |
| Features | 1,000+ assets, free account opening, real-time updates and expert analysis, watchlist personalization, comprehensive technical tools | 1,000+ assets, free account opening, real-time updates and expert analysis, watchlist personalization, comprehensive technical tools |
| Biometric Authentication | N/A | N/A |
| 2-Factor Authentication | Yes | Yes |
Tradable Instruments
VT Markets has steadily expanded its product catalogue from a core FX offering to a multi-asset line-up now exceeding 1,000 symbols. Instruments are traded as CFDs, which enables long and short exposure but does not confer shareholder rights or physical ownership. Futures trading is also an option.
The overall range is broad enough for most retail strategies, yet certain asset classes, such as cryptocurrencies, options, and fixed-income securities, remain absent.
The table below summarizes the current coverage.
| Number of Tradable Instruments Available | ||||
|---|---|---|---|---|
| Asset Class | VT Markets | Fusion Markets | Global Prime | |
| Number | Selection | Number | Number | |
| Forex | 40 | OK | 82 | 59 |
| Indices | 26 | Good | 42 | 18 |
| Stocks CFDs | 840+ | OK | 3,031 | 100+ |
| Commodities | 23 | Excellent | 29 | 23 |
| Bonds | 7 | Excellent | 2 | 3 |
| Cryptocurrencies | 0 | Poor | 22 | 38 |
| Futures | 18 | Good | 34 | 0 |
| Options | 0 | Poor | 0 | 0 |
| ETFs | 50+ | Excellent | 0 | 0 |
| Total | 1,000+ | |||
Forex
With more than 40 currency pairs in its library, VT Markets covers all major and minor crosses, plus selected exotics such as USD/TRY and USD/ZAR. Maximum leverage reaches 1:1000, and the spreads are competitive, starting from 1.2 pips for Standard STP account holders, and 0.0 pips for users with Raw ECN accounts.
Liquidity is aggregated from tier-one banks and non-bank market makers. The lack of dealing-desk execution means orders are passed straight to the liquidity pool, reducing potential conflicts of interest.
Indices
The broker lists upwards of 20 indices spanning the US, Europe, and Asia. Popular instruments such as the NAS100 and GER40 are available 23 hours a day. VT Markets advertises lightning-fast execution with minimal delay, and the leverage index that traders can utilize is capped at 1:500.
Contract sizes are flexible; traders can open positions as small as 0.01 lots on the US30, equating to $0.10 per index point. This granularity aids risk management and suits smaller account balances.
Share CFDs
VT Markets provides CFD access to more than 800 individual equities across US, UK, and EU exchanges. Leverage is capped at 1:33, reflecting the higher volatility of single-stock positions. Corporate-action handling (dividends, stock splits, and mergers) is accurately reflected via adjustments in the MT5 platform. Trading stocks through CFDs entails that you speculate on stock price changes without owning the underlying asset.
Commodities
The broker’s commodity roster includes gold, silver, WTI, Brent, natural gas and a handful of agricultural products like coffee and sugar. Gold spreads on Raw can drop below 1 pip, with closing and opening a position involving a $6 commission.
The available leverage is reliant on the particular type of instrument. Soft commodities such as wheat and sugar can be traded with leverage of up to 1:20. As for precious metals, the limit is either 1:1000 (gold), or 1:100 (silver). If you would like to trade energies, however, you will have access to far wider leverage of up to 1:500.
Hedging is permitted without margin doubling, which is useful for options-like strategies using correlated instruments.
ETFs
Exchange-Traded Funds (ETFs) at VT Markets consolidate a diverse range of assets, such as equities, bonds, and commodities, into a single tradable instrument. Rather than purchasing the underlying securities directly, VT Markets clients trade these funds through CFDs, providing the flexibility to speculate on price movements in both directions.
The broker grants its users access to over 50 ETFs. To maximize market exposure, VT Markets offers leverage reaching as high as 1:33. This trading experience is bolstered by a comprehensive suite of resources, including real-time economic calendars and expert daily analysis.
CFD Bonds
Bonds function as debt instruments where investors essentially act as lenders to governments or corporations in exchange for periodic interest. At VT Markets, these securities are accessible through CFDs. This setup enables traders to capitalize on shifting interest rates and macroeconomic data by taking long or short positions on major products like US 10-year Treasury and Euro-Bund futures.
By utilizing the MetaTrader 4 and 5 platforms, users can access institutional-grade liquidity with leverage reaching 1:100. To support decision-making, the broker provides a suite of resources, including real-time economic calendars and expert market commentary.
What You Cannot Trade
There are several types of instruments that cannot be accessed at VT Markets and may make certain traders consider seeking an alternative brokerage:
- Typically, FX trading brands offer a modest but sufficient selection of crypto CFDs with coins like Bitcoin and Ethereum. However, VT Markets has decided to omit this market from its catalog. This will be a major letdown for both crypto enthusiasts and individuals who are interested in trying crypto trading without going to an exchange.
- Options: At present, VT Markets does not offer options to its clients.
- Physical share dealing for long-term investment is also absent.
Trade Execution
VT Markets advertises a hybrid STP/ECN execution model whereby client orders are routed to an aggregated liquidity pool composed of top-tier banks and non-bank market makers. The broker does not operate a classic dealing desk and states that it earns revenue primarily from spreads and commissions rather than client losses.
VT Markets achieves over $720 billion in trading volume per month, and trading is executed through the Equinix fiber optic network and involves the VT Markets oneZero MT4/5 Bridge. The Equinix servers are based in New York and London. Additionally, VT Markets boasts network bandwidth of up to 100 GB/S when it comes to its Raw ECN account. Algorithmic traders obtain additional latency reduction through VPS servers, with clients being entitled to a VPS fee refund if they meet the broker’s volume requirement.
Stop-loss and take-profit orders are held server-side, safeguarding execution even if a trader’s terminal disconnects. However, guaranteed stop-loss orders are not offered, so extreme market gaps can lead to negative slippage, particularly under high-leverage offshore entities. Traders should therefore employ conservative position sizing and monitor news events where volatility spikes are likely.
Deposit Methods
VT Markets supports a decent range of base account currencies: USD, AUD, GBP, CAD, EUR, HKD, and JPY. Cent accounts use the USC (United States Cent) currency. Selecting the same currency as your funding source avoids unnecessary conversion fees. The minimum deposit is $100 or equivalent across most account types. However, the exact minimum is dependent on the base currency, with Cent accounts enabling users to deposit just $50.
| Trading Account’s Currency | Minimum Deposit |
|---|---|
| AUD (Australian Dollar) | 50 |
| CAD (Canadian Dollar) | 50 |
| GBP (British Pound Sterling) | 50 |
| HKD (Hong Kong Dollar) | 400 |
| JPY (Japanese Yen) | 5,000 |
| USC (United States Cent) | 5,000 |
| USD (United States Dollar) | 50 |
Payment options include bank cards like Visa and Mastercard, bank transfers, digital wallets such as Skrill and Neteller, Union Pay, FasaPay, and a range of region-specific options. Deposits via cards and e-wallets are processed within 60 minutes, while Swift international bank transfer transactions take between 3 and 7 working days.
| Method | Processing Time |
|---|---|
| Visa | 30 to 60 minutes |
| Mastercard | 30 to 60 minutes |
| Swift international bank transfer | 3 to 7 working days |
| Skrill | 30 to 60 minutes |
| Union Pay | 30 to 60 minutes |
| FasaPay | 30 to 60 minutes |
| Mobile Pay | 30 to 60 minutes |
| Neteller | 30 to 60 minutes |
| Vietnam instant bank wire transfer | Not specified |
| EU bank transfer | Not specified |
| Thailand instant bank transfer | Not specified |
VT Markets does not charge internal deposit fees. However, intermediary banks or payment processors may levy charges on transactions.
Withdrawal Methods
Withdrawals can be requested through the client portal’s “Funds” tab and must, where possible, be returned to the original funding source under anti-money-laundering (AML) rules. The viable cashout solutions include debit and credit cards, wire transfers, Skrill, and Neteller.
Withdrawals are processed within one business day and are not processed on weekends. Once the transaction receives approval from VT Markets, you will typically receive your funds within 3 to 7 working days.
The minimum amount depends on your account’s base currency:
| Trading Account’s Currency | Minimum Deposit |
|---|---|
| AUD (Australian Dollar) | 40 |
| CAD (Canadian Dollar) | 40 |
| GBP (British Pound Sterling) | 30 |
| HKD (Hong Kong Dollar) | 300 |
| JPY (Japanese Yen) | 6,000 |
| USC (United States Cent) | 4,000 |
| USD (United States Dollar) | 40 |
As established, cashouts do typically involve fees. The first cashout request of a given month is free if you made it through a wire transfer, but subsequent withdrawals will result in a fixed charge of $20. Skrill cashouts have a 1% handling fee, while withdrawing funds via Neteller involves a handling charge of 2%. The broker reserves the right to request additional documents for large withdrawals or changes in beneficiary details, which can also extend processing times.
Customer Support Contacts
According to the broker’s Help Center, VT Markets’ customer support staff is ready to answer queries and assist users around the clock, seven days a week. Live chat is accessible directly from the website and the client portal; in our team’s experience, getting in touch with a representative of customer support typically takes less than a minute.
E-mail support (support@vtmarkets.com) typically takes longer, but you will usually get a reply within 24 hours. The broker does not assist clients through phone calls.
Overall, feedback indicates professional, solution-oriented agents capable of handling technical platform issues and basic market queries. However, staff cannot offer trading advice for compliance reasons, which is standard across the industry.
An extensive Help Center covers key information on deposits, withdrawals, trading fees, and other aspects of owning a VT Markets account that may be of interest to the broker’s clients. Navigating this page can be done through the menus or by using the search bar to find what you are looking for.
| Contact Method | Availability | Typical Response Time |
|---|---|---|
| Help Center (FAQ) | 24/7 | Instant |
| Live Chat | 24/7 | Under 1 min |
| 24/7 | Within 24 hours | |
| Phone | N/A | N/A |
Research and Educational Materials
VT Markets offers a lot in terms of market insights, and there is also educational content that will be of particular use to novices. In this section, we offer an overview of what you will find at VT Markets if you are on the lookout for this type of content.
Market
Research
VT Markets partners with Trading Central to deliver short-term technical outlooks, analyst-picked support/resistance levels, and pattern-recognition tools. These appear as plug-ins inside MT4/MT5 and via the broker’s daily research blog. The economic-calendar widget pulls data from FXStreet and offers filterable impact settings, useful for planning around high-volatility events.
A daily “Market Insights” page summarizes overnight moves, macro themes, and chart snapshots across FX, equities, and commodities. It also features financial news and other relevant information.
Another highlight of VT Markets’ website is the Market Buzz page, which is powered by Trading Central. Here, traders can track trends and updates across financial markets.
Education
The broker’s Education Center comprises numerous written articles ranging from beginner topics like “What does ‘forex’ mean” to platform-specific guides dedicated to software like MetaTrader 4. Material is grouped into Beginner and Intermediate, with another page specifically for forex-related articles.
Complementing the text library are live webinars focusing on basic technical analysis, risk management, and macro-event previews. Recordings are archived on the VT Markets YouTube channel and are organized into different playlists.
Another tool of note is the broker’s extensive Trading Glossary, which offers a convenient search bar and allows traders to sort its entries by topic (general finance, copy trading, strategies, etc.). As established, VT Markets also offers an economic calendar.
It should also be noted that its Help Center features entries on forex in particular. It covers basic information on forex concepts such as currency pairs, what tools to rely on for market analysis, chart patterns, and the like.
Security and Money Guarantees
Client funds at VT Markets are held in secure trust accounts of reputable banking institutions. Segregation policies are in place to ensure that client money is not misused for company-related operating expenses.
VT Markets also offers negative balance protection to all retail clients in the form of balance reset, i.e., setting the balance to zero if it has fallen into the negatives. This form of negative balance protection may be a tad confusing to novice traders, however.
The broker features two types of compensation. The first involves VT Markets’ membership with the Financial Commission, which resolves disputes and offers insurance of up to €20,000 per client. There is also the Lloyds insurance of up to $1,000,000 per account, which is facilitated by the global advisory firm Willis Towers Watson (WTW). Neither of these compensation schemes involve fees.
Technical security encompasses SSL encryption across all web pages, and two-factor authentication is available. Suspicious-activity monitoring triggers automatic account freezes and e-mail alerts.
In terms of regulatory oversight, the broker is licensed in several jurisdictions but lacks authorization from a tier-1 supervisor at present. The current entities that oversee VT Markets’ operations include the FSCA (South Africa), SCA (UAE), FSC (Mauritius), and FSA (St Vincent & the Grenadines).
Conclusion
VT Markets delivers a well-rounded trading package built on MetaTrader technology, raw-spread pricing, and a regulatory backbone that includes the financial watchdogs of South Africa, Mauritius, and other jurisdictions. The broker excels in areas that matter most to active traders: low spreads, fast execution, security, VPS support, and an account structure that can accommodate most trading preferences. The two compensation programs are also of note.
Its proprietary mobile app and support of several third-party platforms, meanwhile, add convenience without locking users into a closed ecosystem. The broker features social-trading integrations as well.
However, there are some trade-offs. The absence of an FCA, ASIC, or another tier-1 licence will be a notable drawback for many traders. Educational resources and asset-class diversity, while adequate, lag behind some platforms. Commission costs, though competitive, are a whisker higher than the absolute rock-bottom ECN peers, and there are fees to worry about when it comes to withdrawals.
Traders who prioritize execution quality, leverage flexibility, and ASIC oversight will find VT Markets an attractive proposition. Long-term investors seeking physical equities or regulated portfolio-hedging tools may prefer established multi-asset brokers. As always, the suitability of any broker depends on individual objectives, risk tolerance, and regulatory comfort level.

