VT Markets Broker Review
Established in 2016, VT Markets is a trading platform for forex and commodities. The company has been authorized and regulated by the Cayman Islands Monetary Authority (CIMA). With this broker platform, users have the option of trading over a hundred CFDs including Forex, indices, metals, commodities, energies, and US/HK share CFDs.
You can find our transparent VT Markets review below. Broker reviews are updated frequently!
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Additionally, the MetaTrader 4 platform is available to make the trading process as convenient as possible for users. A $200 deposit is required to open an account. Both commission-based and commission-free accounts are available. A range of currencies is accepted by VT Markets, including AUD, USD, GBP, and EUR.
All users can easily withdraw their funds via bank wire transfer. In addition, they can also use Skrill, Neteller, or credit/debit cards. Based on the funding method you select; you will be charged a commission. The lowest spread is 1.2 pips, and the maximum leverage is 1:500.
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With VT Markets, the trading cost will vary based on the type of account and asset class. For example, standard accounts offer commission-free trading based on swaps and spreads. However, the Raw ECN account will charge a commission fee of approximately $6 per round trip lot.
Pros / Cons
- Multiple Options for Deposit/Withdrawal
- No FSCA Regulation
- No ZAR Account Currency
- Broker Not Verified
If a live trading account is approved by VT markets, $50 will be given to the client as a welcome bonus. As soon as $500 is added to the trading account, the user will receive a $200 credit.
There is a customer support centre available to new traders who need assistance with withdrawals and deposits.
You can find our transparent Demo Trade review below. Broker reviews are updated frequently!
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Heinrich is a forex and CFD enthusiast with a passion for writing good informative quality content. He strives to showcase the best forex brokers in Africa. Join him on his Journey!
Content Writer | Market Analyst
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