Contents
Floor overview and operating license of VT Markets
VT Markets is a brand name owned by Vantage Group, with more than 10 years of experience and expertise in the global financial market, Vantage Group has become one of the famous financial groups of the country of Kangaroo. . As an organization licensed by many reputable regulatory agencies, Vantage Group has built the trust of its customers, helping them to access the market transparently and effectively, easily pursuing the financial goals.
Vantage started building the VT Markets brand in 2016, operating as a forex broker, providing solutions for trading a wide range of assets such as currencies, metals, indices, commodities, stocks. votes… for investors around the world. VT Markets supports its customers to trade on two popular platforms MT4 and MT5, besides, this broker is also associated with ZuluTrade to support the copy trading solution that is very popular today.
About legal documents
VT Markets is a trademark used and managed by 2 subsidiaries of the Vantage Group, both licensed entities.
Vantage International Group Limited, is licensed and regulated by CIMA – the Cayman Islands Monetary Authority and operates under the Securities Investment Business Act (SIBL).
Vantage Global Prime Pty Ltd, is licensed by ASIC – Australian Securities and Investments Commission, license number AFSL 428901.
Besides, Vantage Group also has another subsidiary, Vantage Global Prime LLP, which acts as a payment intermediary for the two brokers mentioned above. Vantage Global Prime LLP is licensed by the FCA – UK Financial Conduct Authority, license number 590299.
Trading products at VT Markets
VT Markets offers traders a portfolio that includes the most commonly traded products in the market such as forex, metals, indices, commodities and stocks.
Forex: 37 currency pairs, including majors, crosses and exotics.
Metals: including gold (XAU.USD) and silver (XAG.USD)
Commodities: including energy (natural gas, gasoline, crude oil) and soft commodities (cocoa, cotton, coffee, orange juice, raw sugar)
Indices: 16 stock indexes, representing major markets in the world such as the US, Asian markets and European countries.
Stocks: offers 50 stocks listed on the US stock exchange and 50 major stocks representing the Hong Kong stock market.
Open a trading account at VT Markets
With VT Markets, investors can trade on 2 different account types, for 2 different traders, including a standard account – Standard STP and an ECN account – Raw ECN.
Standard STP . Account
Is the choice most of new traders, after having experience on Demo account and ready to trade in the real market. The Standard STP account is offered with the trading conditions of the most standard account type on the market, with spreads from 1.2 pips and a “no commission” policy. VT Markets cooperates with many major liquidity providers to ensure this account is provided with the best, most competitive quotes and the processing speed on this account is also very fast, 100 GB/s, thanks Equinix fiber optic network.
Raw ECN account
If you are looking for an ECN account at a reputable broker, the VT Markets Raw ECN account is a good choice. This account is preferred by most of the seasoned, professional traders. Spreads from only 0.0 pips are a powerful weapon that helps them save costs when trading large volumes.
Leverage and Trading Costs
Lever
At VT Markets, you can trade with a maximum leverage of 1:500, this rate is applied on both Standard STP and Raw ECN account types, but it is the maximum rate when trading on Different currency pairs and asset classes will have different maximum leverage levels. Specifically:
Forex is 1:500
Index is 1:200
Crude oils are 1:500
Natural gas and gasoline are 1:20
Gold is 1:500, silver is 1:100
Soft goods (agricultural products) is 1:20
Stock is 1:20
Transaction costs
Regarding spreads, both account types of VT Markets have low spreads, which can compete with accounts of the same type of other reputable brokers in the market.
The Standard STP account has a spread of only 1.2 pips on the EUR.USD pair and is subject to a commission-free policy, which is a good cost, almost similar to most standard account types on reputable exchanges today. like Exness or IC Markets…
Raw ECN accounts have extremely low spreads, from only 0.0 pips, the commission of $7/lot/2 way is also a fee that brokers are applying on their ECN account type.
About commission fee
The commission is only applicable on ECN accounts and only for forex and stock transactions. Commission for forex trading is 7$/lot/2 way and for stocks is 6$/trade (US shares) or 50HKD/trade (Hong Kong shares).
Deposit and withdraw money on VT Markets
VT Markets provides customers with many different payment methods such as international wire transfer, Visa/Master cards, Internet banking, UnionPay, MobilePay, FasaPay, Neteller, Skrill and deposits with Bitcoin, Tether.
All forms of deposit and withdrawal are free of charge, fast processing time. For withdrawal transactions, if you make a withdrawal before 9:00 GMT, the money will be returned to your account within the day.
Should I trade at VT Markets or not?
VT Markets is increasingly asserting its position in the international arena. Although there are still some limitations in terms of customer care, but VT Markets is a reputable forex broker, the trading conditions at the floor are also very good, suitable for the needs of many traders. However, with an initial capital of $ 200, it may be too large for a small number of new traders, with little capital, you should prioritize choosing brokers that support Cent, Mini or love account types. low deposit amount required.
Besides, depending on the needs, capital and individual criteria of each person, you should have a comparison between brokers, to choose a broker that is most suitable for you.