VT Markets Rating
VT Markets is an online trading platform that we are reviewing for you today, our expert writers have gone over each and every aspect of the trading platform in this VT Markets review for you now in order to help you decide if you want to sign up with them or not. Is VT Markets a scam or is it legit? Find out in the full review below or go to the VT Markets website in the following link.
VT Markets Review
VT Markets is an Australian-based worldwide forex and CFD broker that was established in 2016. VT Markets is a member of Vantage Global Prime and is regulated by many authorities throughout the world. In this VT Markets review, I will highlight the key features of this forex and CFD broker.
Because it is authorized by the leading ASIC and because customers’ funds are kept in segregated accounts with the Australia Commonwealth Bank, VT Markets is regarded safe.
VT Markets does not have its own trading platform that it has built. MT4 and MT5 are two 3rd-party platforms available. MetaTrader 4 is the most popular.
MetaTrader 4 is offered in a staggering number of languages (37) and a variety of helpful trading tools.
MT4 is a desktop trading platform offered by VT Markets. It has the same look and feels as a web trading platform, as well as the same languages, order types (including Trailing Stop), search features, portfolios, and fee summaries.
The main distinction is that on the desktop platform, you can configure alerts and notifications via mobile push or email. You must enter the email address and mobile ID (found in the MT4 app’s menu) to set email or mobile alerts. By going to ‘Tools’ and ‘Options,’ you can add them.
Depending on how VT Markets’ fees compare to many brokers, we categorized them as low or average. Fees and commissions are something that frightens the traders as much of their profits go in vain.
VT Markets Minimum Deposit
The minimum deposit at VT Markets is 200 dollars. This is quite low, while some brokers demand a minimum deposit of 2,000 dollars or more. Furthermore, it is considerably lower in several Southeast Asian countries: $50. So, this is the best place to start for beginner traders.
Types of accounts
VT Markets offers two account kinds, each with its own set of pricing. Account options are Standard STP and RAW ECN. The commission is $0 on the Standard account and $6 on RAW. An Islamic account is also available at VT Markets. You may choose five different base currencies at VT Markets. USD, AUD, CAD, GBP, and EURO are the available base currencies.
Security And Login
Security is probably the most important aspect of a broker in online trading. VT Markets is a reliable broker in that sense.
Two-step authentication is used by VT Markets to provide a secure login for their mobile platform. Currently, biometric authentication is not an option for logging in. The login process would be more secure if this feature was available.
ZuluTrade is a social trading platform offered by VT Markets. ZuluTrade helps in tracking successful traders (as determined by ZuluRank, a unique performance rating system) and mimics their trades in your own trading account.
If you chose to give ZuluTrade a shot, keep in mind that there’s a tool named ZuluGuard that may help you keep track of the volatility of the many auto-trading techniques accessible.
VT Markets can be reached via live chat, phone, or email. The live chat service at VT Markets is excellent. It’s quick, and we’ve always received helpful responses. We also appreciate the fact that they email the trader a copy of the chat.
The phone support from VT Markets is really helpful, and the agents are quite professional. However, we were unable to contact phone support straight away because we were required to submit a return call request and decide on a time before we could speak with them. Email assistance is prompt and helpful. Customer support is available 24/5 from Monday to Friday.
You can learn at VT Markets in the various ways:
- Demo account
- Videos with educational content
- Articles of high educational value
- Video and text lessons on trading platforms
Trading fees with VT Markets are cheap, and the account creation process is quick and simple. The customer service is excellent. The product offering is limited to forex and CFDs. If you are experienced with forex trading on the MetaTrader platforms, we recommend that you try VT Markets.
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