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Pros

Offers a variety of trading instruments across different markets.
Provides multiple account types to cater to different trading needs.
Access to the popular MT5 trading platform with advanced features.

Cons

Lack of regulatory oversight raises concerns about the platform's credibility.
No negative balance protection or segregated accounts for client funds.
Withdrawal fees can be a deterrent for some traders.

VCG Markets broker Accounts

VCG Markets Account Type

VCG Markets offers two types of trading accounts to cater to different trading needs:

  • Standard Account:
    • Minimum Deposit: $100
    • Spreads: Starts from 1.4 pips
    • Maximum Leverage: 1:500 for forex and precious metals; 1:200 for CFDs
    • Commission: None
    • Stop Out Level: 30%
    • Order Execution: ECN (Electronic Communication Network)
    • Premium Account:
      • Minimum Deposit: $5,000
      • Spreads: Starts from 0 pips
      • Maximum Leverage: 1:500 for forex and precious metals; 1:200 for CFDs
      • Commission: $8 per standard lot
      • Stop Out Level: 30%
      • Order Execution: ECN (Electronic Communication Network)
      • VIP Support: Dedicated account managers for assistance

      These accounts provide access to over 60 currency pairs, 4 precious metals, and 28 CFD instruments. The accounts can be funded in USD, EUR, or GBP.

      VCG Markets Broker Account Opening Process

      Opening an account with VCG Markets is a straightforward process:

      • Registration: Click on the "Open Live Account" link on the homepage.
      • Deposit Funds: Choose from a wide range of payment methods to fund your account.
      • Start Trading: Once your account is funded, you can begin trading.
      • This process ensures that traders can quickly access the market and start their trading journey with ease.

        Source: VCG Markets

VCG Markets accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
VCG Markets Account