low
VT Markets group includes 3 related companies.
VT Markets AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
VT Markets SA - located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
VT Markets MU - located in Mauritius, regulated by the Financial Services Commission (FSC).
Unfortunately, AU brokerage companies have been imposed with trading leverage limitations by ASIC since the end of March 2021.
At the same time, MU brokerage companies are free from such restrictions.
VT Markets group accepts clients from all over the world, excluding USA, Singapore, Russia and most jurisdictions listed on the FATF and global sanctions lists.
Forex broker offers the following underlying assets for trading.
| 40+ Currency Pairs | Based on major and minor world currencies. |
| 26 Indice CFDs | Based on baskets of different blue-chip stocks, US Dollar Index and Volatility Index. |
| 9 Metal CFDs | Based on Gold, Silver, Platinum, Palladium and Copper. |
| 7 Energy CFDs | Based on Crude Oil (WTI, Brent), Gasoil, Gasoline and Natural Gas. |
| 7 Soft CFDs | Based on Coffee, Cocoa, Cotton, Soybean, Orange Juice, Sugar, Wheat. |
| 7 Bond CFDs | Based on US, UK and EU government securities. |
| 100+ Stock CFDs | Based on shares of US, UK, EU and HK companies. |
| 30+ ETF CFDs | Based on exchange-traded funds containing various tradable assets. |
With offices in Australia, South Africa and Mauritius, VT Markets is a forex broker that caters to a truly global audience. The broker is fully regulated by agencies such as Australia's ASIC and South Africa's FSCA. What this means is that there are certain restrictions on things like leverage for clients in Australia, where leverage is limited to 1:30 on even the most liquid assets. However, there are cases where Australian traders and others have been able to sign up with the Mauritius-based branch of the broker to avoid these restrictions.
Like many other forex & CFD brokers we have reviewed here on FX-List, VT Markets offer clients to trade on the classic MetaTrader 4 or 5 platforms, usually known as just MT4 or MT5. These platforms have been around pretty much since the dawn of online forex trading for the retail market, but still remain popular to this day. The platforms now exist in their original downloadable version for Windows and Mac computers, as well as in web-based and mobile versions.
In addition to this, VT Markets also offers access to trading directly on the popular TradingView platform. This is one of the most powerful charting and technical analysis platforms on the market today, and supports nearly every imaginable trading strategy or indicator.
It's also worth noting that so-called social trading, where newer traders can automatically copy trades made by more experienced traders, is available through a dedicated section on the VT Markets website. As a reminder, this can also be a great opportunity for traders that already have profitable strategies to earn an extra income by sharing their trades with others for a fee.
Looking at the trading instruments that are available from VT Markets, what mainly stands out to us is a pretty good coverage of the stock market in the US and Hong Kong. In essence, the broker offers trading in stock CFDs of some of the biggest publicly traded companies across Europe, the US, and Asia, with a commission of as little as USD 0 per trade.
Other than stocks, VT Markets also offer trading in more than 40 of the most traded currency pairs in the world, as well as in a number of equity indices, precious metals, and commodity CFDs. On the most liquid trading instruments, a maximum leverage of 1:500 can be obtained for those trading with the Mauritius or South Africa-registered branches of this broker.
As most forex brokers these days, VT Markets gives its clients the choice between using either a STP (straight through processing) type of account or an ECN (electronic communications network) account.
Among these account types, the STP account allows traders to trade without commissions on most instruments, and instead charges a higher spread between buy and sell prices of the instruments. Conversely, the ECN account has tight spreads, and instead charges a commission on all trades. As always, the STP account is most suited for traders with small amounts of capital, while the ECN account is the best option for professional traders and others trading with more capital.
For customer service, the preferred way to get in touch with VT Markets is probably the live chat option found on the website. For other types of enquiries, there is also a request for callback option available, but unfortunately there is no direct phone number listed for clients to immediately reach the broker. There is also no information about the support team's working hours published anywhere, which is something we believe should be added. We hence assume that 24 hour support is not available from VT Markets.
All in all, we are of the impression that VT Markets has found its niche in the space with its focus on forex and stock CFD trading in Hong Kong and the US. And with the opportunity to sign up with the offshore branch of the broker for more leverage, VT Markets may be an interesting broker to look at for Australian and European traders seeking higher leverage.
