VT Markets Review
Forex and CFD active traders
Founded 2015 · Australia
Why investors choose this broker
- No account opening, maintenance, or inactivity fees
- Raw ECN spreads from 0.0 pips on major forex pairs
- Over 1,000 tradable instruments across forex, indices, shares, ETFs, and bonds
- Regulated by ASIC, FSCA, and FSC across three jurisdictions
Review summary
VT Markets is an Australian-founded CFD and forex broker offering 1,000+ instruments across MetaTrader 4, MetaTrader 5, TradingView, and a proprietary copy-trading platform.
Pros
- No account opening, maintenance, or inactivity fees
- Raw ECN spreads from 0.0 pips on major forex pairs
- Over 1,000 tradable instruments across forex, indices, shares, ETFs, and bonds
- Regulated by ASIC, FSCA, and FSC across three jurisdictions
- Free $100,000 demo account with 90-day access
- VTrade copy-trading platform with 100+ signal providers
- TradingView integration alongside MetaTrader 4 and MetaTrader 5
- Client fund insurance up to USD 1,000,000 via Lloyd's of London
Cons
- ASIC entity is wholesale-only; retail clients are onboarded under FSCA or FSC, not a Tier-1 regulator
- No statutory investor compensation scheme for retail clients
- Gold spread (~27 pips) is above the industry average
- Withdrawal fees apply for e-wallets and for repeat wire transfers in the same month
- No cryptocurrency trading offered
- Not available to US, Singapore, or Russian residents
- FCA warning issued for UK-facing operations since June 2023
Company background
VT Markets is an online CFD and forex broker founded in 2015 and headquartered in Sydney, Australia. The broker operates through multiple regulated entities: VT Global Pty Ltd holds an ASIC licence (AFSL 516246) in Australia on a wholesale basis, VT Markets (Pty) Ltd is authorised by the FSCA in South Africa (FSP 50865), and VT Markets Limited holds an FSC licence in Mauritius (GB23202269). Additional offices are maintained in Dubai, Cape Town, Mauritius, and Cyprus. The broker offers over 1,000 CFD instruments across forex, indices, share CFDs, ETFs, commodities, and bonds.
Fees and pricing
VT Markets does not charge account opening, maintenance, or inactivity fees. Deposits are free. Withdrawal costs depend on the method: the first wire transfer withdrawal per calendar month is free, while each subsequent wire withdrawal costs $20. Skrill withdrawals carry a 1% fee and Neteller withdrawals carry a 2% fee. The Standard STP account is commission-free with EUR/USD spreads from 1.2 pips. The Raw ECN account offers spreads from 0.0 pips with a $6 commission per round-turn lot. A minimum deposit of $100 applies to Standard and Raw ECN accounts, while Cent accounts start from $50.
Index CFD spreads are competitive, with the GER40 from 0.6 points and DJ30 from 1.1 points. Gold (XAU/USD) spreads are approximately 27 pips, above the industry average. Overnight swap rates apply to leveraged positions held past daily rollover.
Regulation and safety
VT Markets' ASIC entity (VT Global Pty Ltd, AFSL 516246) is restricted to wholesale clients. Retail clients are typically onboarded through the FSCA entity in South Africa or the FSC entity in Mauritius. Neither operates a statutory investor compensation scheme equivalent to Tier-1 regulators. VT Markets states that client funds are held in segregated accounts at top-tier banks including Commonwealth Bank of Australia, and that eligible clients benefit from insurance of up to USD 1,000,000 underwritten by Lloyd's of London syndicates.
Platform experience
VT Markets supports MetaTrader 4 and MetaTrader 5 alongside a TradingView-powered WebTrader and a proprietary VT Markets app for iOS and Android. VTrade is a dedicated copy-trading platform with over 100 signal providers, real-time trade mirroring, and stop-loss controls. A free demo account with $100,000 in virtual funds is available for 90 days. Expert advisors and scalping are permitted. Leverage is up to 1:500 for standard accounts.
Pros and cons
VT Markets' main advantages are its broad instrument range, commission-free Standard STP account, Raw ECN spreads from 0.0 pips, free demo account, VTrade copy-trading, and stated client fund insurance via Lloyd's of London. The main drawbacks are the absence of Tier-1 retail regulation, no statutory investor compensation scheme, above-average gold spreads, no cryptocurrency trading, and withdrawal fees on e-wallets and repeat wire transfers. The broker is unavailable to US, Singapore, and Russian residents.
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Trading fees & commissions
Standard STP accounts are commission-free with spreads from 1.2 pips on EUR/USD. Raw ECN accounts offer spreads from 0.0 pips with a $6 commission per round-turn lot.
Fees
| Item | Fee |
|---|---|
| Cfds | Spreads vary by instrument; indices from 0.6 pts (GER40) and 1.1 pts (DJ30); gold from approximately 27 pips |
| Margin | Overnight swap rates apply to leveraged positions held past daily rollover |
| Account | No account opening or maintenance fee |
| Deposit | Free |
| Inactivity | No inactivity fee |
| Withdrawal | First wire transfer withdrawal per month free; subsequent wire withdrawals $20; Skrill 1%; Neteller 2% |
Trading platform & features
Platforms
- MetaTrader 4
- MetaTrader 5
- TradingView
- VT Markets App
- VTrade
Regulation and investor protection
VT Markets operates through entities regulated by ASIC (Australia, wholesale only), FSCA (South Africa), and FSC (Mauritius). Client funds are held in segregated accounts at reputable banks, and VT Markets states client fund insurance of up to USD 1,000,000 per eligible client underwritten by Lloyd's of London syndicates.
Broker FAQs
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What does VT Markets charge for forex trading?
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Bottom line
VT Markets suits users who want a wide selection of CFD instruments, competitive Raw ECN spreads, copy-trading access via VTrade, and multiple MetaTrader and TradingView platform options. It may not suit users who require Tier-1 retail regulation, a statutory investor compensation scheme, cryptocurrency trading, or who reside in the US, Singapore, or Russia.
Similar brokers
Visit the VT Markets website
Open an account directly with the broker. Confirm current fees and account eligibility on the broker's website before depositing.
Open AccountYour capital is at risk. Other fees apply.