No Regulation

Score

0123456789.01234567890123456789
/10

VT Markets

Saint Vincent and the Grenadines

|

1-2 years

Suspicious Regulatory License|

Medium potential risk

https://www.vtmarkets.com/

Website

Rating Index
Contact
VT Markets
info@vtmarkets.com
https://www.vtmarkets.com/
Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

1
Previous Detection 2024-10-14

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

Website

Genealogy

Social Media

Trade Type

Keywords

Time Machine

White Paper

Related Software

Github

Related Docs

All Corps

New Arrival

Company Name
VT Markets
Regulatory Status
No Regulation
Abbreviation
VT Markets
Platform registered country and region
Saint Vincent and the Grenadines
Phone of the company
--

User Reviews

More

0 ratings

Participate in evaluation
Post comments, leave your thoughts and feelings
make a comment
AspectInformation
Company NameVT Markets
Founded 2015
Country/RegionSaint Vincent and the Grenadines
Regulatory AuthorityUnregulated
Cryptocurrencies Available47
FeesFree account opening fee
Payment MethodsMastercard, Visa, Bank Transfer, Neteller, Skrill, UnionPay, Fastpay
Customer Support24/7 live chat, email: info@vtmarkets.com, FAQ

VT Markets Information

VT Markets' homepage

VT Markets is a leading Forex and CFD broker providing a wide range of financial instruments such as Forex, commodities, indices, and cryptocurrencies. With a commitment to top-tier trading conditions and a robust environment, VT Markets serves traders globally.

Pros & Cons

ProsCons
Competitive Trading ConditionsRegulatory Shadow
Range of Account Types
Multiple Asset Classes
Technology and Platforms

Pros

Competitive Trading Conditions: VT Markets offers competitive spreads and low or no commissions on various account types.

Range of Account Types: They provide different account types (like Standard STP and Raw ECN) to meet the needs of both novice and experienced traders.

Multiple Asset Classes: Traders have access to a wide range of financial instruments including forex, commodities, indices, and cryptocurrencies.

Technology and Platforms: VT Markets provides advanced trading platforms MT4 and MT5 with robust features, including mobile trading options, ensuring accessibility and functionality for traders on the go.

Cons

Regulatory Shadow: VT Markets operates without regulatory oversight from major financial authorities, raising concerns about investor protection and adherence to industry standards.

Regulatory Authority

No license

VT Markets, as an unregulated broker, operates without oversight from a financial regulatory authority. This lack of regulation poses several disadvantages and risks for traders. Without regulatory supervision, there is no assurance that VT Markets adheres to strict financial standards or client protection measures mandated by regulatory bodies. Unregulated brokers may engage in practices that prioritize their own interests over those of their clients, leading to conflicts of interest and unfair treatment of traders.

Security

VT Markets adheres to the practice of segregating client funds from the company's operational funds. This means that client money is kept in separate bank accounts, distinct from those used for the broker's day-to-day operations. Segregation of funds helps prevent misuse or misappropriation of client funds for purposes other than client trading activities.

VT Markets employs strong encryption protocols to secure the transmission of data between clients' devices and the broker's servers. This ensures that sensitive information, such as login credentials, financial transactions, and personal details, is protected from interception and unauthorized access.

To enhance account security, VT Markets also implements strong authentication mechanisms. This include multi-factor authentication (MFA), requiring clients to verify their identity using multiple factors before accessing their accounts.

Trading Markets

Trading Markets
CurrencyPrice1h %24h %7d %Market CapVolume(24h)Circulating Supply
1Bitcoin$61,549.630.01%1.06%3.99%$1,213,678,951,806$13,655,312,54319,718,703 BTC
2Ethereum$3,390.380.01%0.18%2.47%$407,479,472,318$7,116,434,340120,187,118 ETH
3Tether$1.000.02%0.02%0.11%$112,721,990,844$30,171,163,671112,911,493,076 USDT
4BNB$575.990.08%0.85%1.49%$85,005,714,683$1,414,637,578147,583,205 BNB
5Solana$143.160.35%0.75%8.67%$66,211,058,034$1,291,631,962462,512,089 SOL
6USDC$1.000.01%0.01%0.00%$32,266,712,980$2,852,504,24232,267,856,380 USDC
7XRP$0.470.07%0.36%2.03%$26,309,404,630$432,316,77755,688,327,582 XRP
8Toncoin$7.600.26%0.26%0.48%$18,697,806,814$151,488,3702,459,970,662 TON
9Dogecoin$0.120.04%0.51%0.26%$17,753,714,272$329,547,829144,924,206,384 DOGE
10Cardano$0.390.05%0.98%0.40%$13,779,401,978$173,928,04435,752,090,273 ADA

VT Markets App

VT Markets App

VT Markets offers an online trading experience through its app, VT Markets-Online Trading. With a $0 account opening fee, traders gain access to over 230 tradeable assets including forex, gold, silver, oil, indices, and share CFDs. The platform supports cross-device trading on both PC and mobile, ensuring flexibility and accessibility for traders on the go. Users can create and customize watchlists of preferred trading instruments effortlessly. The demo registration process is streamlined, completing in under one minute, allowing new users to explore and familiarize themselves with VT Markets' offerings.

Trading platforms

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are renowned platforms in the financial trading industry, offering robust features for both PC and mobile users. MT4 supports algorithmic trading through the MQL5 language, allowing traders to automate their strategies. Meanwhile, MT5 serves as the expert alternative with similar features, including advanced trade management and strategy testing functionalities suitable for traders seeking additional tools and flexibility.

How to Open An Account?

The brokerage offers two distinct account types for different levels of trading expertise and needs. The Standard STP account is ideal for novice traders. It features an execution type of STP (Straight Through Processing). With spreads starting from 1.2 pips and no commissions charged, this account supports multiple base currencies including AUD, USD, GBP, EUR, CAD, and HKD. On the other hand, the Raw ECN account targets experienced traders requiring high liquidity and ultra-tight spreads. Operating under the same STP execution model, this account boasts spreads from 0.0 pips but charges a competitive commission of $6 per trade.

Account comparison

To open an account with VT Markets, customers need to follow these steps:

  • Visit the Website: Go to the VT Markets official website. Look for the section that says “Trade Now”.
  • Fill Out Basic Information: Customers need to provide their country of residence from a dropdown menu, email address, and create a password. The password must meet specific criteria: it should be 8–16 characters long, including at least one uppercase letter (A-Z), one lowercase letter (a-z), one number (0-9), and one special character (!@#$%^&*.()).
  • Referrer (Optional): If clients have a referrer or promo code, they can enter it in the designated field. This is optional and can be left blank.
  • Submit Application: Once customers have filled out all the required fields, review the information for accuracy and completeness. Click on the “Open a live account” or similar button to submit application.
  • fill in required info

    Payment Methods

    Payment methods

    VT Markets offers a diverse range of payment methods to facilitate deposits and withdrawals for traders worldwide. Accepted methods include major credit and debit cards such as Mastercard and Visa, bank transfers for direct transfers from bank accounts, and popular e-wallets like Neteller and Skrill. Additionally, VT Markets supports UnionPay, a widely used payment method in Asia, and FastPay for swift transactions.

    Fees

    ECN commission charges

    VT Markets charges fees and commissions structured to accommodate different trading volumes and account currencies. For trading accounts denominated in AUD, USD, GBP, EUR, and CAD, the commission per 0.01 lots (1,000 base currency) is uniformly set at AUD $0.03, USD $0.03, GBP £0.02, EUR €0.025, and CAD $0.03 respectively (round turn AUD $0.06, USD $0.06, GBP £0.04, EUR €0.05, CAD $0.06). For larger trades of 1 lot (100,000 base currency), the round-turn commission increases slightly to AUD $3, USD $3, GBP £2, EUR €2.5, and CAD $3.

    Conclusion

    VT Markets presents itself as a trading platform offering competitive trading conditions and a variety of account types. However, potential clients should carefully consider certain aspects before choosing to trade with them. These include the absence of regulatory oversight from major financial authorities, which impacts transparency and investor protection measures.

    Frequently Asked Questions (FAQs)

    What cryptocurrencies are available for trading on VT Markets?

    VT Markets offers 47 different cryptocurrencies, including popular options such as Bitcoin, Ethereum, and USDT.

    What payment methods does VT Markets accept?

    Mastercard, Visa, Bank Transfer, Neteller, Skrill, UnionPay, and Fastpay.

    Does VT Markets charge any service fees?

    No. VT Markets charges fees and commissions structured to accommodate different trading volumes and account currencies.

    Risk Warning

    Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.