Vt markets: VT Markets Pty Ltd: Contact Details and Business Profile

VT Markets doesn’t offer any proprietary platform, but this shouldn’t be a problem given that it provides multiple add-ons to enhance user experience. Traders with a deposit of at least $1000 enjoy a variety of MT4 plugins provided by Trading Central, a renowned third-party trading tools provider. Most of VT markets competitors offer 300+ CFDs, and hence this broker may not appeal to those looking for a wide variety of assets. However, nearly all the major global offerings in stock, market indices, and commodities are available. This broker doesn’t offer any crypto CFDs and is hence not suitable for those looking for crypto exposure.

Firstly, the website does not kelly capital growth investment criterion enough information about professional indemnity insurance, such as its size and who underwrites it. Clients of the broker have to inquire further about it by contacting the support team. Secondly, the live spreads section on the website does not actually have a feed where current quotes can be checked. Thirdly, the website does not indicate that cryptocurrency trading is available on the platform. VT Markets provides proper training to its traders to help them fully understand the trading tactics and develop the best investment solutions.

• However, the platform feels outdated and some features are hard to find.
• Access to Trading Central ProTrader tools requires a minimum initial deposit of $500.
• Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money.
• Complementing the video updates, the daily market analyses provide a more detailed and insightful overview of the day’s trading opportunities.
• VT Markets mobile app comes with all features found in the web and desktop versions to allow users to trade from anywhere.

FX trading can yield high profits but is also a very risky endeavor. Depending on the withdrawal method chosen, it can takebetween 1-7 business daysfor you to receive your funds. This is a mandatory KYC requirement among all well-regulated financial institutions. The process is meant to detect and prevent financial crimes such as money laundering. The 24 MT4 analytical objects include lines, Gann and Fibonacci tools, channels, shapes and arrows. These tools help traders to forecast future price dynamics, and they can be manually applied to indicator windows and charts.

Desktop trading platform

Also, being an ECN broker, the company stands for strong integrity and great execution through its numerous liquidity providers and the Interbank Forex market. Backed up by top-tier ASIC regilation the broker provides trading with high leverage ensuring traders’ safety. Traders can make sure of safety since the broker provides negative balance protection. The main problem is the lack of proper educational materials to make it easier for beginner traders to learn to trade on the go.

Even so, users can access the majority of popular global stocks such as Facebook and Google and Market indices such as the S&P 500 and Nikkei225. Also available are top global commodities, including Gold, Silver, crude oil, and natural gas. All new users are then required to verify their email address and after that login details and passwords relating to the new account are sent via email. The time interval between the broker receiving and authorising the account was impressively short, which meant we were able to move on to live trading relatively quickly. VT Markets is also the trading name of Vantage Global Prime Pty, which is authorised and regulated by ASIC. The CFD broker also has Professional Indemnity Insurance in place and maintains client funds in an AA-rated Australian bank.

What Is VT Markets?

If you sign up for the https://forexbitcoin.info/ ECN Account, in addition to all the trading conditions offered for the Standard STP Account, your spreads start from zero pips. In this VT Markets brokerage review, we were able to verify that the spread stated by the broker matched the spread on the Raw ECN demo account. The ‘No dealing desk’ multi-asset broker offers excellent leverage, promotional offers, and tailored IB rebate programmes.

There are also 24 different drawing tools, such as trend lines, channels, Fibonacci retracement levels, Gann structures, and Elliott waves. These are used to determine key support and resistance levels as well as potential breakout and breakdown points within an established trend. Everything can be accessed fairly easily requiring no more than several clicks. The chart itself is rich in detail and captures the essence of price action. Those unfamiliar with the platform can access a couple of built-in video guides by clicking the ‘Help’ button in the menu. We tested VT Markets’ spreads during the most actively traded times – during the London open at 8 AM GMT and just after the U.S. open at 2.45 PM GMT. The test was conducted on the 30th of August 2022.

However, this is not such a big issue since trading apps are not intended to accommodate penetrating technical analyses in the first place. The platform consists of 38 trend-based and volume-based indicators, oscillators, and Bill Williams indicators, all of which can be used in different market environments. A chart is only as good as its capacity to illustrate price action behaviour clearly and concisely.

Company Information

But the processing times are low for the sector, with crypto transactions quoted as taking one hour to process. The different ways of adding funds to a VT Markets account are neatly laid out in a simple table, which gives details of how long each method takes. It also states what fees, if any, are charged on deposits, which can be made using debit / credit cards, bank transfers, SWIFT, cryptocurrency, and ePayment agents. The rewards are great and I have used this money to trade as well.

VT Markets has a long list of top liquidity providers, including Morgan Stanley, J.P. Morgan, Citibank, Goldman Sachs, etc. VT Markets is regulated by Australian and Cayman Islands authorities, which means that clients are not covered by investor protection, only negative balance protection. On the other hand, the product portfolio covers only forex and CFD. Some niche products like bond CFDs that are offered by similar brokers are also missing at VT Markets. Access to the Trading Central research suite is only possible if you have at least $1,000 in your account. VT Markets has great deposit and withdrawal services, with many free options for moving your money in and out.

The broker’s fees are competitive because its ECN and STP accounts offer varying conditions that cater to the unique needs of different trader types. VT Markets also has probing research materials that break down current market trends and developments. The inclusion of the industry-renowned MT4 and MT5 platforms also enhances the overall performance of VT Markets. There is also a provision for creating a demo account that traders can try before they participate in live trading on the platform.

Islamic accounts or Swap-free are available at the broker too, to those who are following the Sharia rules and require specific trading conditions. In accordance with ASIC Regulatory Guides, the company provides Professional Indemnity Insurance in place which covers the work done by their representatives, employees, and authorized representatives. Also, clients’ funds are held in a segregated account with Australia’s AA-rated Commonwealth Bank of Australia . Fill the withdrawal form on VT Markets fund management page and wait for up to 5 business days for the funds to reflect in your bank account.

• VT Markets is regulated by Australian and Cayman Islands authorities, which means that clients are not covered by investor protection, only negative balance protection.
• The CFD broker also has more than 30 liquidity providers offering low spreads through the VT Markets oneZero MT4 bridge.
• Only if there are reliable research tools that are both easy to use and embedded into the platforms will VT markets thrive.
• VT Markets charges a maximum commission of $6 a round trip, which is reasonable, while the fees are more or less in line with what the other CFD brokers charge.
• What you need to keep an eye on are trading fees and non-trading fees.

VT Markets fees and commissions depend on the type of account. The Standard ECN account doesn’t charge a commission but instead makes money through a markup on spreads. There are no spreads markups on the Raw ECN account, but commissions apply. With the RAW ECN account, there is no markup on spreads, and they start from as low as zero pips. Traders are only required to pay a small commission of $6.00 per standard lot, per round.

Regulated by two top-tier regulatory bodies i.e., ASIC and FSCA. A minimum deposit of $100 is a bit on the higher side for beginners.Trading costs are low and offer lightning-fast execution speed. Access to Trading Central ProTrader tools requires a minimum initial deposit of $500. Proprietary mobile app VT Pro lets traders stay connected to the market from anywhere and everywhere. Provides third-party trading signals to let users know the best time to place trades.

Create A Free Demo Account

VT Markets has partnered with MetaFX to create a superior MAM/PAMM console. The administrative side of the console is taken care of by the broker leaving wealth managers to focus on trade management. Overall, this broker seems like a good choice for any beginner and expert trader looking for a low-cost option to forex and CFDs trading. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions. The platform supports three types of orders – instant, market and pending. It isn’t currently possible to contact VT Markets support via phone.

In our reviews, we examine the licenses and regulations of each entity operated by a broker. This allows us to compare each entity’s different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.

However, the platform feels outdated and some features are hard to find. For example, it took us a while to figure out how to add an asset to the watchlist. By contrast, withdrawing to e-wallets is not free of charge. Fasapay withdrawals will incur a 0.5% handling fee, Skrill withdrawals come with a 1% handling fee, while Neteller withdrawals involve a 2% handling fee. The deposit process is not always seamless, though; when we tested the RAW ECN account deposit options, we weren’t able to make a deposit because it kept stalling at the online verification stage. A bank transfer can take several business days, while payment with a credit/debit card is instant.

So traders with varying levels of experience are always likely to find something useful within the extensive collection of video materials. But it’s not only the insightfulness of VT Markets’ research materials that stands out, traders would also likely notice that content presented in various formats is very useful. In addition to the written articles and daily video breakdowns, there are also secondary supporting tools.

Traders use the different tools integrated into the chart to make sense of uptrends, downtrends, and ranges. That is why diversity and flexibility of the built-in tools are so important when it comes down to determining the functionality of a chart. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight.