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Written by: Réka H. Updated: Dec 2022
Expert verified
Recommended for
  • forex trading 4.0/5
Trusted broker
Regulated by top-tier financial authorities
Popularity
268 people chose this broker in the last 6 months
BrokerChooser Score
4.1/5

VT Markets review summary

VT Markets is a forex and CFD broker regulated by the Cayman Islands and Australian financial authorities. VT Markets has low trading fees, the account opening process is fast and simple, while email and live chat support are above average. On the negative side, VT Markets has a limited product portfolio covering only CFDs and forex. Its educational tools could also be improved, and there is no investor protection. BrokerChooser gave VT Markets a 4.1/5 rating based on analyzing 500+ criteria and testing via opening a live account.

VT Markets is a regulated broker, it is overseen by top-tier financial regulators in multiple countries . We at BrokerChooser always test brokers with real money, including the withdrawal process.

You can't open an account at VT Markets if you live in United States. See the best alternative available in your country.

VT Markets pros and cons

Pros Cons
Low trading fees Slim product portfolio
Easy and fast account opening Limited educational tools
Great email and live chat support No investor protection

VT Markets main highlights

🗺️ Country of regulation Cayman Islands, Australia
💰 Trading fees class Average
💰 Inactivity fee charged No
💰 Withdrawal fee amount $0
💰 Minimum deposit $200
🕖 Time to open an account 1 day
💳 Deposit with bank card Available
👛 Depositing with electronic wallet Available
💱 Number of base currencies supported 5
🎮 Demo account provided Yes
🛍️ Products offered Forex, CFD, Crypto
To read much more details about the broker's services and features, expand on the sections below.

VT Markets review
Fees

3.8
VT Markets has low trading fees and there are no deposit, inactivity or account fees. On the other hand, the CFD fees are average.
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VT Markets review
Account opening

5.0
The account opening process at VT Markets is user-friendly and fully digital. It was also very quick, as our account was approved within a day.
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VT Markets review
Deposit and withdrawal

4.5
VT Markets has great deposit and withdrawal services, with many free options for moving your money in and out. However, withdrawal is quite slow, often taking more than 3 days.
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VT Markets review
Web trading platform

2.8
VT Markets uses the MetaTrader web trading platform. It is highly customizable and has a clear fee report, but its design is outdated and it lacks a two-step login and price alerts.
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VT Markets review
Mobile trading platform

4.1
VT Markets has a good mobile platrform. It's user-friendly, and offers two-step login and order confirmation for added security. However, it lacks price alerts.
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VT Markets review
Desktop trading platform

3.4
In design and functionality, the MetaTrader 4 desktop platform offered by VT Markets is almost the same as the web platform. One major difference is that you can set price alerts.
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VT Markets review
Markets and products

1.9
At VT Markets, you can trade only forex and CFDs. In other words, popular asset classes like real stocks or ETFs are not available.
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VT Markets review
Research

4.5
VT Markets has user-friendly research tools including trading ideas, daily market analysis and an economic calendar. Sadly, a $1,000 deposit is required to access some features.
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VT Markets review
Customer service

5.0
VT Markets has great email and live chat support. On the negative side, reaching phone support is a bit cumbersome, and no channels are available 24/7.
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VT Markets review
Education

4.0
VT Markets offers general educational videos, trading platform tutorial videos and a demo account is also available. On the flip side, there are no webinars.
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VT Markets review
Safety

Due to VT Markets's regulation (Australia and Cayman Islands), clients are not covered by investor protection, only negative balance protection.
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VT Markets review
Bottom line

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VT Markets review
FAQ

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Author of this review

Réka Hidas

Author of this review

Réka attended the International Business and Economics bachelor program at Corvinus University in Budapest. She's eager to help investors find the best investment providers, through writing extensive reviews. On a more personal level she wants to develop her skills and grow professionally on this field.

Réka Hidas

Junior Broker Analyst

Réka attended the International Business and Economics bachelor program at Corvinus University in Budapest. She's eager to help investors find the best investment providers, through writing extensive reviews. On a more personal level she wants to develop her skills and grow professionally on this field.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Visit VT Markets
74-89% of retail CFD accounts lose money

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