It is crucial to read the broker review before trading with the broker. You can find the VT Markets review in detail below. VT Markets is regarded as a medium-risk broker, with an average trust score (79/99). The broker isn’t publicly traded, doesn’t run a bank, and is regulated by two top-tier authorities (ASIC and FCA through Vantage), zero tier-2 authorities, and another tier-3 authority.
Investment Options
Contents
The broker’s CFDs offering incorporates 168 different symbols and covers a wide range of asset classes, including stocks, commodities, metals, indices, as well as FX pairings. The list below outlines the many investment options available to users.
- Forex Trading
- CFD Trading
- Cryptocurrency (CFD)
- Copy Trading
- 168 Tradeable Symbols in total
- 39 Forex Pairs in total
VT Markets Review – Pricing
Trading costs vary based on whether users pick the Raw ECN or Standard STP account. The latter is commission-free but has greater spreads than the first account type, and both accounts demand only a $200 minimum deposit.
Typical spreads: For their Standard STP account, the broker shows an average EUR USD currency pair spread of 1.2 pips, whereas the RAW ECN effective spread had been 0.83 pips. The Raw account has industry-standard pricing, while the Standard has less tempting pricing.
Trading on Mobile
The broker can’t keep up with the top MetaTrader brokers in this area, even with complete support for the MT suite as well as a customized mobile app. The VT Pro mobile application from VT Markets has shown promise, yet it needs to make further development to reach its full potential.
Apps summary: VT Markets is mainly an MT broker, though they also have their own mobile application named VT Pro. VT Pro, MT4 (MetaTrader 4), and MT5 (MetaTrader 5) too are accessible via the Google Play Store & App Store.
Simplicity: The mobile app from VT Markets offers a very well-designed interface that is simple to slide through and also includes well-integrated research information. It has important features such as watchlist objects and sources such as newsletter pieces that discuss Pivot Point analyses for six primary trading symbols.
There’s also a specialized news page with technical analysis pieces as well as a comprehensive economic calendar where users can register for activities.
Charting on the app has a limited set of functions, like the capacity to transform the screen into landscape mode & the availability of the tick chart function. There are just 7 indicators, 10 timeframes to choose from, and no drawing instruments or additional capabilities accessible.
- Android App
- Apple iOS App
- Alerts – Basic Fields
- Watch List
- 30 Charting – Indicators / Studies
- Charting – Draw Trendlines
- Charting – Multiple Time Frames
- Forex Calendar
VT Markets Review – Other Platforms
Without any unique online or desktop platform, the broker stays an MT-only broker, providing MetaQuotes Software Corporation’s renowned platform süite.
Platform summary: The broker offers the MT4 (MetaTrader 4) and MT5 (MetaTrader 5) platforms, both of which are compatible with Windows & Mac. VT Markets provides many MetaTrader 4 plugins as parts of Trading Central’s Pro Trading Tools suite to users who invest a minimum of $1,000.
Trading instruments: Regarding social trading, the broker offers third-party signal sources like Acceage & ZuluTrade.
- Virtual Trading (Demo)
- Desktop Platform (Windows)
- Web Platform
- ZuluTrade
- 51 Charting – Indicators in total
- 30 Charting – Drawing Tools in total
- Charting – Trade From Chart
- 7 Watchlists – Total Fields
- Social Trading / Copy-Trading
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
Market Research & Analysis
In addition to third-party information accessible via Trading Central, the broker offers a modest choice of research materials, like the Daily Market Analysis series. Despite its high quality, this series is a pretty limited service, with only one piece published each day. In this area, the broker comes close to reaching the industry norm, but it still has a lot of work to do if it wants to keep up with the top brokers in the industry.
Overview of the research: The in-house reporting of the broker’s Daily Market Analysis segment is decent. Although the course includes fundamental and technical analysis and contains several informative charts, users generally learn more about the overall market situation. By structuring and broadening the spectrum of its video material, VT Markets might improve its research service.
Market updates & analysis: For traders that deposit $1,000 or more, the broker gives access to Trading Central’s Pro Trading Tools package, which may be accessed straight from the user portal. Trading Central also offers an MT add-on as a component of the VT Markets package. Generally, the broker simply publishes a single daily article & video with market updates as well as commentary.
- Daily Market Commentary
- Forex News (Top-Tier Sources)
- Trading Central (Recognia)
- Economic Calendar
Training and Education
On its website, the broker just added an education page with roughly twelve articles & videos. On its Youtube page, it has relevant financial markets instructional content. Aside from certain Trading Central materials, the broker has a small range of instructional content, which hurts their score in this area.
- Has Education – Forex or CFDs
- Videos – Beginner Trading Videos
- Investor Dictionary (Glossary)
VT Markets Review – The Verdict
If VT Markets plans to reach the level of top forex brokers, it has to dramatically update its financial markets training (which is presently unavailable) and research offerings, as well as make upgrades to its mobile application.
Furthermore, compared to the extensive amount of symbols accessible from different multi-asset brokers that provide MT, like City Index, XTB, VT Markets’ market selection seems to be narrow.
See also: Trade Nation Review – Read Before You Trade With It