Among a hundred brokers VT Markets is a middling one, and in a field this size a middling broker is usually beaten by something else on the same list. Regulated by ASIC (AFSL 516246); FSCA South Africa (50865); Mauritius FSC (GB23202269); UAE CMA (20200000299, Category 5 introduction/promotion only), offering MetaTrader 4, MetaTrader 5, VT Markets App, WebTrader, TradingView.
Our rating
- Regulation8.3
- Costs8.9
- Platforms8.7
- Markets7.8
- Support5.3
- Education3.6
One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.
What it costs to trade
8.9/10- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 0.2 pips, Raw ECN
- GBP/USD spread
- Approx. 0.4 pips, Raw ECN
- Commission
- $3 per side / $6 round turn, Raw ECN
- All-in cost, EUR/USD
- Approx. 0.8 pips
- Spread type
- Variable
- Overnight swap
- Both: overnight swaps may be charged or credited; swap-free accounts available
- Deposit fee
- None internally
- Withdrawal fee
- Generally none internally; third-party charges may apply
- Currency conversion
- Conversion at applicable exchange rate
Cost is where brokers in the same regulatory bracket actually differ.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
VT Markets lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Markets and execution
7.8/10- Markets
- Forex, Indices, Energies, Precious Metals, Soft Commodities, ETFs, Shares, Bonds
- Currency pairs
- 60+
- Total instruments
- 1,000+
- Crypto CFDs
- Yes
- Maximum leverage
- 1:1000
- Execution model
- STP / ECN
- Execution speed
- Under 100ms
- Order types
- Market, limit, stop, stop-loss, take-profit, trailing stop
- Servers
- Global financial data-centre infrastructure
Leverage up to 1:1000 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.
VT Markets covers forex, indices, energies, precious metals, soft commodities, etfs, shares, bonds. A wider range matters less than depth in the instruments you actually trade.
Funding options: credit/debit card, local bank transfer, international bank transfer, e-wallets, cryptocurrency and regional payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.
Platforms and tools
8.7/10- Platforms
- MetaTrader 4, MetaTrader 5, VT Markets App, WebTrader, TradingView
- Own platform
- Yes, VT Markets App
- Mobile app
- Both proprietary and third-party
- Browser trading
- Yes
- Automated trading
- Yes, MT4/MT5 Expert Advisors and algorithmic trading
- Copy trading
- Yes, VTrade Copy Trading
- Indicators
- 100+ through TradingView; MT4/MT5 built-in and custom indicators
- Third-party tools
- MetaTrader 4, MetaTrader 5, TradingView, VPS
- API access
- Yes, institutional/API connectivity
MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.
MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.
TradingView integration lets you trade from charts you may already use, removing the need to run a second platform for analysis.
Regulation and safety
8.3/10- Regulated by
- ASIC (AFSL 516246); FSCA South Africa (50865); Mauritius FSC (GB23202269); UAE CMA (20200000299, Category 5 introduction/promotion only)
- Regulator tier
- Tier 1
- Register entry
- ASIC Professional Registers, AFSL 516246
- Client money segregated
- Yes
- Held at
- Regulated banking institutions
- Negative balance protection
- Yes
- Compensation scheme
- Financial Commission compensation fund up to €20,000 per eligible client; no statutory investor compensation scheme under the Mauritius entity
- Audited by
- Independent external auditors
- Not available to
- United States and jurisdictions where provision of VT Markets services would contravene local laws or regulations
Across a hundred brokers, the licence is what separates the field fastest.
VT Markets holds a tier-one authorisation from ASIC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.
It also operates an offshore entity (FSC). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.
ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.
The FSCA licenses derivative providers in South Africa without a fixed retail leverage cap, so headline leverage is often higher than an FCA or ASIC entity may offer.
An FSC licence (Mauritius or Belize, depending on the entity) is an offshore authorisation with lighter reporting duties than a tier-one regulator.
Client money is held separately from the firm's own money, at Regulated banking institutions. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.
Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.
Covered by Financial Commission compensation fund up to €20,000 per eligible client; no statutory investor compensation scheme under the Mauritius entity, which pays eligible clients up to its limit if the firm fails owing client money.
Check the licence yourself: ASIC Connect, the FSCA list of regulated entities, the Mauritius FSC register of licensees.
Accounts
- Minimum deposit
- $100
- Account types
- Standard STP, Raw ECN, Swap-Free, Islamic, Cent, Demo
- Account currencies
- AUD, USD, HKD, GBP, EUR, CAD
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- Yes, Raw ECN/high-volume configuration
- Minimum trade size
- 0.01 lots
- Time to open
- Under 3 minutes
VT Markets runs 6 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: AUD, USD, HKD, GBP, EUR, CAD. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Deposits and withdrawals
- Deposit methods
- Credit/debit card, local bank transfer, international bank transfer, e-wallets, cryptocurrency and regional payment methods
- Withdrawal methods
- Bank transfer, cards, e-wallets, cryptocurrency and applicable original funding methods
- Deposit time
- Most methods 30-60 minutes; international bank transfer 3-7 business days
- Withdrawal time
- Typically processed within 1 business day; settlement varies by method
- Minimum withdrawal
- $40 equivalent
- Local payment methods
- Local bank transfers and jurisdiction-specific regional payment methods
Withdrawals are stated at Typically processed within 1 business day; settlement varies by method, against Most methods 30-60 minutes; international bank transfer 3-7 business days for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.
Withdrawal routes: bank transfer, cards, e-wallets, cryptocurrency and applicable original funding methods. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.
The minimum withdrawal is $40 equivalent - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.
Support and education
5.3/10- Support hours
- 24/7
- Contact channels
- Live chat, email, Help Centre
- Languages
- Multilingual
- Telephone
- +61 2 9054 9999
- info@vtmarkets.com
- Live chat response
- Typically under 2 minutes
- Education
- Extensive: educational articles, trading guides, video tutorials, platform education and market-learning resources
- Research
- Market analysis, market news, technical/fundamental commentary, trading tools and insights
Support runs 24/7. Round-the-clock cover matters more than it sounds: a position held over a weekend or through an unexpected halt is exactly when you need somebody to answer.
Reachable by live chat, email, help centre. A published telephone number is the one channel that is hard to fake and hard to ignore, so whether there is one says more than the number of channels does.
Languages: Multilingual. Being able to raise a complaint in your own language is worth more than it appears, because complaints are where precision matters most.
Education: extensive: educational articles, trading guides, video tutorials, platform education and market-learning resources. Treat broker-published material as an introduction rather than as advice - it is produced by a firm whose revenue rises when you trade more.
The company behind the brand
- Legal entity
- VT Markets Limited
- Company number
- 212672 GBC
- Headquarters
- Sydney, Australia
- Founded
- 2015
- Publicly listed
- No
- Parent company
- VT Markets Group
- Employees
- 200+
- Also trades as
- VT Markets
VT Markets is roughly 11 years old. Younger is not worse, but there is less public record to judge it on, so the licence and the protections carry proportionally more weight.
The contracting entity is VT Markets Limited. This is the company you would actually have a relationship with, and it is worth checking that it is the same one named on the licence you are relying on: large brokers commonly operate several, and they are not equally protected.
Part of VT Markets Group. A parent adds resources, but the protections that apply to you are the ones attached to the entity that holds your account, not to the group.
Ready to open an account with VT Markets?
You will go straight to their site. It costs you nothing extra, and we may be paid a commission.
- Regulated by
- ASIC, FSCA (South Africa)
- Minimum deposit
- $100
- Spread from
- 0.0 pips
- Max leverage
- 1:1000
Your capital is at risk. Forex and CFD trading carries a high risk of losing money rapidly through leverage, and most retail accounts lose money. Nothing on this page is a personal recommendation.
Questions people ask about VT Markets
Who owns VT Markets?
VT Markets sits under VT Markets Group, and is privately held and and has been trading since 2015. Ownership decides who is accountable when something goes wrong, and a broker inside a listed group files accounts that anybody can read.
