Historical Background
The subsidiary organization of Vantage International Group Limited, VT Markets, was set up in the year 2016. The business is known for the quality technology they designed to increase the trust the clients have that the broker is the finest one in the industry.
Goals
They envision spreading trading with the best customer service across the globe. Not just to be among the best, but to make this broker a dependable one to the trading community, empowering them through advanced and trustful conditions.
Global Outlets
VT Markets runs its customer base across 160 countries and corners the market in Sydney, Australia. The languages of the customer base are provided for in a multilingual support scheme catered to by localized solutions that VT Markets offers.
Advantages and Disadvantages
Strengths
- VPS hosting
- 1000+ tradable instruments
- Versatile proprietary platform powered by TradingView
- Copy and automated trading
- Extensive supporting content
Weaknesses
- No phone support
- Withdrawal fee
- Slow execution speeds
Security and Compliance
Authorities and Regulations
They are also under strict regulations as VT Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cayman Islands Monetary Authority (CIMA).
Funds Segregation and Insurance
Client funds are kept in segregated accounts with top-rated clients. Negative balance protection is also provided by VT Markets to clients around the exceeding loss even beyond the funds they have deposited.
Tradable Instruments
Forex Pairs
The broker offers over 40 forex pairs, dealing in many majors, minors, and exotics with attractive spreads and a highly leveraged facility for the dealing house.
Commodities
Trades include the traditional metals–gold, silver, natural oil, gas-down to the agricultural commodities, the newer trend in speculative transactions in commodities generally catalyzed mostly by the convenience and high liquidity in the bigger commodity markets.
Indices
The trading markets in global indices include NASDAQ, S&P 500, FTSE 100, and DAX for very liquid and cost-efficient entry into the stock markets.
Cryptos
VT Markets is a platform wherein clients can trade cryptos more securely. It supports the big guns like Bitcoin and Ethereum-coins that flit up or down in a day.
Account Types
ECN
| Minimum deposit | 0 |
|---|---|
| Commission | 0.0 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:500 |
| Margin call level | 80 |
| Stop-out level | 50 |
Standard
| Minimum deposit | 0 |
|---|---|
| Commission | 1.2 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:500 |
| Margin call level | 80 |
| Stop-out level | 50 |
Fees and Charges
Spreads and Commissions
The standard STP accounts are commission-free of which a small commission is charged from ECN customers while spreads on the accounts start from as low as 0.0 pips Raw ECN.
Swap Rates
Overnight interest is charged for holding a position overnight. This information is displayed well in advance even for the swap-free Islamic account.
Inactivity Fees
Charges are levied on dormant accounts to attract the trader to actively involve in the trading.
Trading Platforms
| Available tools | Forex, Shares, Indices, Cryptocurrencies, Commodities, ETFs |
|---|---|
| Cryptocurrencies | ETH, BTC, NIL |
| CFD | Forex: 22 Indices: 26 Energy: 8 Metals: 9 Commodities: 6 ETFs: 30 Stocks: 89 Bonds: 7 |
MetaTrader 4 and 5
There are many differences between them also. VT Markets offers MT4 and MT5, which provide the most advanced tools on trading technology, automated trading, and great possibilities for customization in the charting.
Mobile Apps
VT Markets provided apps both in iOS and Android enabling customers to trade from anywhere by the use of full account management and real-time updates on the market.
WebTrader
Trade directly from your browser through the WebTrader platform that delivers a user-friendly and functional trading experience without requiring any downloads.
Customer Support
Registration Procedures
An online application has to be completed by the client to open an account with VT Markets, after which they select their account type and provide verification in the form of a document.
Verification Requirements
Under KYC these are proof of identification like passport or national ID; proof of address like utility bill or bank statement.
Deposits and Withdrawals
The broker accepts payments by most common payment methods: bank transfer, credit/debit cards, Skrill by Moneybookers, and Neteller wallet.
Processing Timing
Deposits are ready to use immediately, while withdrawals undergo a 1–3 working day process and are dependent on the method used for payment.
Fees
Deposits may be charged differently among the fees of withdrawal depots. Full information can be found on your broker.
FAQ
Is the broker regulated?
Yes, VT Markets is regulated in Australia by ASIC (Australian amendments to regulations according to standards).
What platforms are available to trade on?
The broker provides clients with MetaTrader 4, MetaTrader 5, and WebTrader along with downloadable applications so you can trade on the go.
How much initial deposit has to be placed?
Normally, an STP account is opened with USD/ EUR 100.
Which accounts does the broker offer?
Standard STP, Raw ECN, and Islamic with competitive funding rates.
What charges and/or fees do the broker charge?
Spreads, commissions on raw ECN accounts, swap charges on overnight trades, inactivity charges on dormant accounts.
What is the highest leverage available?
The leverage goes up to 1:500 in some cases where permissible under the laws.
Are demo accounts available?
Yes, VT Markets offer traders a demo account to practice and demo various strategies.
How can I contact customer services?
Twenty-four by five customer services include live chat, email, and phones in various languages for around-the-clock assistance to traders.