Is VT Markets a good forex broker? This complete review covers VT Markets’ account types, spreads, fees, leverage, regulation, platforms, markets and key features.
If you’ve landed on this article, you’ve likely already seen VT Markets ads popping up everywhere from Instagram to a trader’s YouTube video.
And the most logical question anyone could ask before investing even a single euro with any forex broker has naturally crossed your mind: Is VT Markets safe, legitimate, and worth my money?
That’s a good question. And the honest answer doesn’t fit into a single sentence, because VT Markets is a company with many faces literally.
It operates through different legal entities across various countries, each with its own level of regulatory oversight; this means the safety of your funds depends largely on your location and the specific account you open. In this article, we’ll cover everything: regulation, account types, spreads, leverage, platforms (MT4, MT5, TradingView), copy trading, and withdrawals, as well as the actual issues reported regarding this broker. No marketing fluff, no filler lists just the essentials.
What VT Markets Actually Is
VT Markets was established around 2015 (depending on the specific legal entity, as founding dates vary) and is headquartered in Sydney, Australia. It is a multi-asset forex and CFD broker, meaning you can trade not only currencies but also indices such as the S&P 500 and DAX, commodities like oil, natural gas, precious metals (gold and silver), and soft commodities (coffee and cotton), as well as stock CFDs from the US, Hong Kong, the UK, and Europe. In total, this amounts to over 1,000 financial products under one roof a figure that is truly impressive at first glance.
The company claims to serve clients in over 160 countries and has invested heavily in sponsorships (associating itself, for instance, with teams like Newcastle United) and industry awards, such as “Fastest Growing Broker Europe” or “Best Multi-Asset Broker MENA.” While these awards may look impressive on a banner, it is worth remembering a key point: most forex broker awards are presented by specialized fintech media outlets and do not constitute proof of safety they are marketing, not regulatory oversight.
How to open an account with VT Markets
Opening an account with VT Markets is now a very simple process.
First, you need to access VT Markets through this link to get all the offers.
and it will take you to the home page.
Immediately afterwards, click the “Get Started” or “Trade Now” button, and you will be redirected to enter your login details.
- Country of residence – You will enter the country where you are a tax resident.
- Email – You will enter the email address you will use to log in each time.
- Password – Here, you need to enter the personal password you will use to log in.
- Referrer – Here you will find this ( ) to get all the first-deposit offers.
And you will click the “Open a live Account” button.
How to complete KYC with VT Markets
Something you shouldn’t overlook is KYC; before doing anything else, you need to complete the KYC process.
You will go to the main webpage, where you will be prompted to complete the KYC process; you can do this using an ID card or a passport.
And that’s it you are ready for the next steps, such as creating a live or demo account.
How do I create a Demo account with VT Markets?
The steps to create a demo account are very simple.
Click on the “Open account” category and enter the following:
- Demo
- Choose a trading platform – Metatrader 5
- Choose an account type – STANDARD stp
- Choose an account currency – USD
- Choose leverage – 1:500
- Account balance – $10.000
…and you’ll press the Submit button, and that’s it you’ve created your account.
How do I create a Live account with VT Markets?
If you have completed the KYC process, click the “Open Account” button, and a few options will appear.
If you are a beginner, I suggest starting with a demo account so you can trade using virtual money.
Now, if you have experience, click on “Live Account” and select the…
- Choose a trading platform – You will select MetaTrader 5.
- Choose an account type – You will select the STANDARD STP.
- Choose an account currency – EUR (Depending on the local currency you want)
- Create a password for the account – and a personal password that I will use to log in to MetaTrader 5.
How to connect VT Markets to MetaTrader 5
Once you have opened your account, you will receive an email from VT containing your MT5 login, password, and the MT5 server details.
If you set your own password, you should use the one you created.
Now you need to download MetaTrader 5 to your mobile phone to connect.
Once you download it, it will look something like this.
Note: The menu is different depending on whether you have Android or iPhone.
If you have an iPhone, you can read this guide on MetaTrader 5.
Next, tap on the search bar to find the broker and type “vtmarkets“.
It will show you two options; you should select VT Markets, not VTMarketsLtd.
Finally, to log in, select whether you have a demo or a live account; enter the number you received via email in the “Login” field and the password you set up initially in the “Password” field.
For the server, select the one specified in the email.
And that’s it. you just press the login button and you’ll be logged in.
How to make a deposit with VT Markets
To make a deposit with VT Markets, go to the “Fund” section and select “Deposit Funds.”
Then, select the account you wish to fund and enter the deposit amount in the “Amount” field.
You can make a deposit ranging from $50 to $99,999,999.
Once you enter the desired amount, you will have the option to deposit via card, Apple Pay, Google Pay, or bank transfer, as well as cryptocurrency, including USDT and USDC, across various networks such as Solana, BEP20, TRC20, and many others.
And depending on the choice made, the funds will be added either immediately or within a few hours.
Is VT Markets Legit?
Yes, VT Markets has a genuine corporate structure, real offices, and a track record spanning over a decade, serving hundreds of thousands of clients. So, if you are wondering whether it is a scam, the answer is no at least not in the classic sense; this is not a platform that will vanish tomorrow with your money in a typical Ponzi scheme.
However, being “legitimate” and being “fully regulated in every market” are not the same thing, and this is a point that warrants closer attention.
Where Is VT Markets Actually Regulated?
The primary regulatory entity carrying the most significant weight is VT Markets in Australia, which operates under the ASIC (Australian Securities and Investments Commission). ASIC is considered a reputable regulator, although it does not offer the same level of investor compensation provided by, for instance, the FCA in the UK via the FSCS or CySEC in Cyprus via the ICF.
Beyond Australia, VT Markets operates through:
The FSCA (Financial Sector Conduct Authority) in South Africa, under license number FSP 50865, via the entity VT Markets (Pty) Ltd.
The FSC Mauritius (Financial Services Commission) via VT Markets Limited, under license GB23202269.
There is also a presence in Dubai under a license from the UAE financial markets authority; however, this office functions solely as a promotional liaison it does not itself execute client trades.
Trading Accounts: Standard STP vs. Raw ECN
Let’s move on to something more practical. VT Markets offers two main account categories, with Islamic (swap-free) and Cent account variations available in certain regions.
The Standard STP account is designed for those just starting out or for traders who prefer not to deal with commissions. You don’t pay an extra commission per trade; instead, the cost is “hidden” within the spread, which starts at around 1.2 pips for EUR/USD.
Think of it like buying a product where the price already includes the seller’s profit margin, rather than paying a separate “service fee.” The minimum deposit is usually $50, depending on the region.
The Raw ECN account takes a completely different approach. Here, spreads can drop as low as 0.0 pips during periods of high liquidity because you receive prices directly from the interbank market, without any broker markup.
The “cost” in this case is a separate commission, usually around $6 per round-turn (i.e., opening and closing a position) per standard lot. If you engage in high-volume scalping or day trading, this type of account is almost always cheaper in the long run, provided you do the math: spread plus commission versus the Standard account’s raw spread.
VT Markets Leverage: How Much Risk Can You Take?
Leverage at VT Markets varies significantly depending on the legal entity and your region.
In the European Union, leverage is capped at 1:30 for major currency pairs due to ESMA regulations; this applies to every broker legally operating in the EU, not just VT Markets.
However, with offshore entities, leverage can reach up to 1:500, and the company has reportedly offered leverage as high as 1:1000 on specific products such as gold for clients outside strictly regulated regions.
Keep one key point in mind: high leverage is not a “gift“; it is a double-edged sword. A 1:500 ratio means that with $200, you can open a position worth $100,000. It sounds like a superpower, but in practice, it means a 0.2% move against you can wipe out your entire account in minutes.
VT Markets offers negative balance protection, meaning you won’t end up owing more than you deposited, but this does not protect you from losing your entire capital.
The Downsides of VT Markets
Any serious assessment must speak candidly about weaknesses, not just strengths. Let’s look at them honestly:
As noted earlier, the regulatory landscape is fragmented; there is no single, powerful regulator (such as the FCA or CySEC) covering all global clients, and multiple national authorities have issued warnings regarding unauthorized operations in their respective jurisdictions.
However, another downside is the lack of crypto trading a feature already offered by some modern competitors.
Frequently Asked Questions about VT Markets
Yes. It has a genuine corporate structure and is regulated in specific markets (Australia via ASIC, South Africa via FSCA, Mauritius via FSC).
It’s $50, but it depends on the account type and your region.
The Standard account has no commission but wider spreads (starting from approximately 1.2 pips), whereas the Raw ECN account offers near-zero spreads but charges a fixed commission of around $6 per lot round-turn.
Yes, starting in 2023, clients can execute trades directly from TradingView charts, in addition to MT4 and MT5.
Yes, through its own VTrade service, with access to over 1000 traders to copy.
Independent reports indicate that delays occur more frequently with profitable accounts that undergo additional internal review before the request is approved.
My opinion
The Crowdinvesting team has known this specific broker for quite some time; based on the tests we conducted, VT Markets is an excellent broker for anyone looking to give it a try.
Personally, we contacted their support team and also performed both deposits and withdrawals without encountering any issues.
Also, for about two months you trade on the platform and everything was great.
Note: This article is for informational purposes only and does not constitute investment or legal advice. Forex trading and CFDs carry a high risk of capital loss. Before opening an account with any broker, verify the current regulatory status yourself directly through the company’s official website and the official websites of the supervisory authorities.
