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VT Markets

VT Markets Review

Forex and CFD active traders

ASIC FSCA FSC

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

Is VT Markets safe?
VT Markets operates through entities regulated by ASIC, FSCA, and FSC. Client funds are held in segregated accounts at top-tier banks, and the broker states client fund insurance up to USD 1,000,000 underwritten by Lloyd's of London syndicates.
Is VT Markets a scam?
No. VT Markets holds active licences from ASIC (Australia, wholesale), FSCA (South Africa), and FSC (Mauritius). The broker has been operating since 2015.
Is VT Markets regulated and by whom?
Yes. VT Markets is regulated by ASIC in Australia (AFSL 516246, wholesale only), FSCA in South Africa (FSP 50865), and FSC in Mauritius (GB23202269). Retail clients are typically onboarded under the FSCA or FSC entity.
Does VT Markets keep client funds in segregated accounts?
Yes. VT Markets states that client funds are held in segregated accounts at reputable banks, separate from the broker's operational capital. Commonwealth Bank of Australia is cited as one of the holding banks.
What happens to my money if VT Markets goes bankrupt?
VT Markets does not offer access to a statutory investor compensation scheme. The broker states that eligible clients are covered by client fund insurance of up to USD 1,000,000 underwritten by Lloyd's of London syndicates, though the exact terms and eligibility conditions apply.
What products does VT Markets offer?
VT Markets offers CFDs on forex (78+ pairs), share CFDs (730+), indices (33), commodities (22), ETFs (57), and bonds (7). It does not currently offer direct cryptocurrency trading.
Does VT Markets offer share CFDs?
Yes. VT Markets lists over 730 share CFDs across global markets including US, European, and Asian stocks.
Does VT Markets offer ETFs?
Yes. VT Markets offers around 57 ETF CFDs as part of its instrument range.
Does VT Markets offer cryptocurrency trading?
No. VT Markets does not currently offer cryptocurrency trading as a product.
What does VT Markets charge for forex trading?
Standard STP accounts are commission-free with EUR/USD spreads from 1.2 pips. Raw ECN accounts offer spreads from 0.0 pips with a $6 commission per round-turn lot.
What does VT Markets charge for index CFDs?
Index CFD spreads are competitive. The GER40 starts from 0.6 points and the DJ30 from 1.1 points. Gold (XAU/USD) spreads are approximately 27 pips, which is above the industry average.
Is there a withdrawal fee at VT Markets?
The first wire transfer withdrawal per calendar month is free. Each subsequent wire withdrawal costs $20. Skrill withdrawals carry a 1% fee and Neteller withdrawals carry a 2% fee.
Does VT Markets charge an inactivity fee?
No. VT Markets does not charge an inactivity fee.
Does VT Markets have a demo account?
Yes. VT Markets offers a free demo account loaded with $100,000 in virtual funds, available for 90 days.
Does VT Markets have a mobile app?
Yes. VT Markets provides a proprietary app for iOS and Android, as well as access to MetaTrader 4, MetaTrader 5, and TradingView on mobile.
What copy-trading options does VT Markets offer?
VT Markets operates VTrade, a dedicated copy-trading platform with over 100 signal providers. Users can mirror trades in real time and apply risk controls including stop-loss limits.
Is VT Markets good for beginners?
VT Markets provides a free 90-day demo account, a commission-free Standard STP account, and access to Trading Central research tools. However, retail regulation is through FSCA or FSC rather than a Tier-1 regulator, and there is no statutory investor compensation scheme.
Is VT Markets good for long-term investing?
VT Markets is primarily a CFD and forex trading platform. All instruments are CFDs, which are leveraged products subject to overnight swap charges. It is not designed for long-term buy-and-hold investing.

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.

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Your capital is at risk. Other fees apply.