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Vital Markets Forex Broker keeps up-to-date with the latest trading account information, including Micro, ECN/STP, VIP Account maximum leverage of 1:500, trading varieties, and more

Rating Index

Pros

Low minimum deposit requirement of $10, making it accessible for beginner traders.
High leverage options of up to 1:500, allowing for potential increased profits.
Variety of account types available, catering to different trading strategies and preferences.

Cons

Unregulated status raises concerns about the safety of funds and overall trustworthiness.
Lack of transparency regarding spreads on certain account types, which can lead to unexpected costs.
Limited educational resources and support for beginner traders, making it harder for them to learn and succeed.

Vital Markets broker Accounts

Micro

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$10
Minimum Spread
from 0.5
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
Commission per lot $5.00
Products
--

ECN/STP

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$10
Minimum Spread
from 0.5
Depositing Method
--
Withdrawal Method
--
Minimum position
0.1
Commission
Commission per lot $5.00 - $7.00 (Depends on Spread)
Products
--

VIP Account

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$25,000.00
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
Commission Per Lot $6.00
Products
--

Vital Markets Account Type

Vital Markets offers five different types of trading accounts to cater to various trading needs and preferences:

  • Standard ECN/STP Account
    • Leverage: Up to 1:500
    • Spreads: Typical spreads from 0.5 pips
    • Commission: $5.00 - $7.00 per lot (depends on spread)
    • Minimum Deposit: $10.00
    • Maximum Trade Size: 1,000 lots
    • Minimum Trade Size: 0.1
    • $0 Commission Account
      • Leverage: Up to 1:500
      • Spreads: Higher spreads
      • Minimum Deposit: $10.00
      • Maximum Trade Size: 1,000 lots
      • Minimum Trade Size: 0.1
      • VIP Account
        • Leverage: Up to 1:500
        • Spreads: Very tight spreads
        • Commission: $6.00 per lot
        • Minimum Deposit: $25,000.00
        • Maximum Trade Size: 1,000 lots
        • Minimum Trade Size: 0.01
        • Fixed Spread Account
          • Leverage: Up to 1:500
          • Spreads: Typical spreads from 0.5 pips
          • Commission: $5.00 per lot
          • Minimum Deposit: $10.00
          • Maximum Trade Size: 1,000 lots
          • Minimum Trade Size: 0.01
          • Micro Account
            • Leverage: Up to 1:500
            • Spreads: Typical spreads from 0.5 pips
            • Commission: $5.00 per lot
            • Minimum Deposit: $10.00
            • Maximum Trade Size: 1,000 lots
            • Minimum Trade Size: 0.01

            Vital Markets Broker Account Opening Process

            To create a live trading account with Vital Markets, follow these steps:

            • Sign Up: Visit the Vital Markets website and click on the "Sign Up" button.
            • Account Verification: Complete the identity verification process by submitting required documents.
            • Fund Your Account: Ensure you have funds in your wallet before creating a live trading account.
            • Create Account:
              • Tap the three horizontal lines on the top right-hand side of your account.
              • Select "Accounts."
              • Tap the "+ New Account" section.
              • Choose the trading platform, account type, currency, and preferred leverage.
              • Tap "Create Account."
Vital Markets accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $10 by (2+) --.
Vital Markets Account