Why choose VT Markets
VT Markets is a forex and CFD broker regulated by the Australian and South African financial authorities.
It has low forex fees and the non-trading fees are also very favorable. The account opening process is fast and simple, and email and live chat support are above average.
On the negative side, VT Markets has a limited product portfolio covering only CFDs and forex. Additionally, CFD fees are high and there is no investor protection. Its educational tools could also be improved.
BrokerChooser gave VT Markets a 4.0/5 rating based on analyzing 600+ criteria and testing via opening a live account.
- Low forex fees
- Easy and fast account opening
- Great email and live chat support
74-89% of retail CFD accounts lose money
Not sure if this is the right broker for you? See the best ones.
See how the best brokers in the United States compare to VT Markets
Fees
- Low forex fees
- No withdrawal fee
- No inactivity fee
We compared VT Markets's fees with two similar brokers we selected, Fusion Markets and IC Markets. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of VT Markets alternatives.
Low FX fees
VT Markets charges a forex commmission: $3.00 commission per lot per trade. Spread costs come on top of this, e.g. the EUR/USD spread is 0.2.
Broker | EURUSD spread | FX commission per lot |
---|---|---|
VT Markets | 0.2 | $3.00 commission per lot per trade |
Fusion Markets | 0.0 | $2.25 commission per lot per trade |
IC Markets | 0.0 | $3.50 commission per lot per trade |
High index CFD fees
VT Markets charges a commission for index CFDs, calculated as $1 commission per lot. There is also a spread cost. For example, the S&P 500 index CFD spread is 0.4.
Broker | S&P 500 CFD spread |
---|---|
VT Markets | 0.4 |
Fusion Markets | 0.3 |
IC Markets | 0.2 |
High stock CFD fees
The commission for stock CFD trading is the following: $6 per trade.
Broker | Apple CFD |
---|---|
VT Markets | $6.6 |
Fusion Markets | $0.1 |
IC Markets | $0.2 |
No inactivity fee, no withdrawal fee
There are no deposit, inactivity or account fees. Withdrawing funds is free of charge in most cases, although you will face a fee if the withdrawal amount is less than 100 units of your account base currency or if you withdraw to an e-wallet.
Broker | Inactivity fee | Withdrawal fee |
---|---|---|
VT Markets | $0 | |
Fusion Markets | $0 | |
IC Markets | $0 |
Check out a detailed analysis of all the fees, commissions, and other charges levied by VT Markets for more information.
Safety
- Negative balance protection
Deposit and withdrawal
- Credit/Debit card available
- No deposit fee
- Deposit in BTC, Tether
Account opening
- Fast
- Fully digital
- Low minimum deposit
Mobile app
- User-friendly
- Two-step (safer) login
- Order confirmation
Desktop platform
- Clear fee report
- Good customizability (for charts, workspace)
- Price alerts
Product selection
FAQ
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.