Who is VT Markets ? The CFD broker and Forex trading
VT Markets is an Australia-based broker that has been around since 2016. It offers Contracts for Difference (CFDs) on financial assets like company stocks (in several different countries), indices, precious metals, Forex, etc
Le broker australien est en fait une marque du groupe Vantage International Group Limited. Il bénéficie donc d’une structure experte dans son domaine puisque le même groupe détient les leaders du domaine comme Vantage ou encore PU Prime.
The Australian broker is actually a brand of Vantage International Group Limited. It therefore benefits from an expert structure in its field since the same group owns the leaders in the field such as Vantage or PU Prime.
VT Markets Regulation
Since it belongs to the VIG Limited group, VT Markets has the same regulations as the latter. It is regulated by the ASIC (Australian Securities and Investments Commission).
In figures, VT Markets and the Vantage group, it is more than 10 years of experience, 70,000 customers and more than 100 billion dollars in monthly transactions. An online trading institution.
The broker exists via its website, which is very modern and available in 17 languages. It plays the transparency card by sharing all the legal aspects directly on its site. We find a page “Regulation” and “Legal documentation” where we find all the legal aspects.
Services offered by VT Markets
VT Markets offers many trading services and tools to help its users thrive in this field. Via the vtmarkets.com website, you can find all the information about their services and everything related to them.
The financial markets offered
First of all, the broker offers access to various financial assets :
- Energy resources
- Precious metals
- Raw materials
- AND F
- Stock CFDs (UK, EU, HK)
Unfortunately, VT Markets does not yet offer access to the cryptocurrency market and Bitcoin, Ethereum or other trading.
The different types of accounts
You can choose different accounts that respond to different customer profiles.
There are STP or ECN accounts that offer a different type of transaction execution. It is also possible to open a VT Markets account without spread, for Muslim investors.
ECN accounts offer lower spreads than standard STP accounts but with commissions on each transaction. Islamic accounts are swap-free accounts which are replaced by an administration fee.
To be able to trade, VT Markets offers different platforms on which to place your trades. The broker offers various solutions :
- MetaTrader 4
- MetaTrader 5
- VT Markets App
MetaTrader 4 and 5 are simply the leaders in online trading. They offer a mobile app or PC software that allows traders to trade on a powerful platform that contains everything a trader needs.
VT Markets also offers its own downloadable application on Google Play Store and App Store. The app includes a trading platform and tools that allow you to trade anywhere from your phone.
The WebTrader is a browser version built with MetaTrader 4 that allows trading from any web page.
Other VT Markets Resources
On the site, there are also other resources that are useful for a trader. For example, you can find an economic calendar that allows you to follow the events that are happening in the world and that can have an impact on the financial markets.
We also have access to different educational content to learn Forex, the use of MT4, etc.
VT Markets Registration : open an account on the platform
To register with VT Markets, you must first go to the broker’s website : vtmarkets.com.
You click on “Create a live account” to begin your registration process. Registration involves only one step. After filling out a form with:
- Your name
- Your first name
- Your country
- Your phone number
- Your email
Your account is created and you arrive on the platform. However, there are a few more steps you need to take to really start your trading experience.
You must verify your identity and address. Then you need to fund your account to be able to trade.
Ouverture compte démo
VT Markets offers the possibility for users to start by creating a demo account to allow anyone to enter the field of trading without taking any risk.
To open a VT Markets demo account, click on “Request a demo account” when you are on the site and follow the few steps.
You can then link your demo account to any trading platform offered by the broker and start trading in the financial markets with fake capital.
VT Markets also offers sign-up promotions. For example, currently you have a 20% deposit promotion.
You get a bonus of 20% of the amount of the deposit you put in your account with a limit of $10,000!
VT Markets offers a full service and rather low fees. Registration and creation of accounts are completely free and there are no costs related to the administration of the account.
There are also no fees for inactivity.
The broker is remunerated via the spreads applied between the purchase and sale prices of the financial assets offered.
How to withdraw money from VT Markets ?
VT Markets withdrawal is very easy and fast.
When you are on the broker’s platform and logged into your account, you can see in the menu, under the “Functionality” category, a tab called “Funds” with a portfolio icon.
You can click on this tab and then click on the “Withdraw Funds” subcategory. You then arrive on the withdrawal page on which you just have to choose a withdrawal method and the amount you wish to withdraw.
Withdrawals are usually done in 2-3 business days for a bank transfer.
VT Markets review: what about the Forex and CFD broker ?
VT Markets is a very transparent and dynamic broker. All the information on their site is very clear and we do not feel that they have things to hide like some others that we have been able to test.
The site is clear, the offer too. From a communication point of view, VT Markets provides its customers with a live chat on which they can discuss with an agent quickly.
The broker is reactive and we often have a quick response in the event of a problem.
VT Markets withdrawals are made quickly via the “Withdraw funds” tab and customers report good responsiveness from support in the event of a withdrawal.
Our experience with the broker is good and we have never reported any concerns following the use of it. Information is clear, fees are low and transparent.
VT Markets Customer Reviews on Trustpilot
On the Trustpilot review site, VT Markets has an overall rating of 3.7/5 for 232 reviews.
This is a score that is very good considering that the financial sector is often an area where brokers collect many negative opinions left by investors who have lost money while trading.
Most of the positive reviews share experiences with good use of their application, bonuses that come quickly. We also read that it is easy to withdraw your winnings and that they arrive quickly.
In the trading world, VT Markets seems to be a platform to consider when choosing your broker.