VTC broker Accounts

vtc Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

vtc Account Types Explained

VT Markets offers a variety of account types tailored to meet the needs of different traders. Below is a detailed overview of each account type available.

1. Standard STP Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips, no commission.
• Leverage Options: Up to 1:500.
• Key Features: Ideal for beginners, straightforward trading experience.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

2. RAW ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Raw spreads starting from 0.0 pips, $3 per lot commission.
• Leverage Options: Up to 1:500.
• Key Features: Direct market access, lower spreads for high-frequency traders.
• Target User Profile: Advanced traders and scalpers.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

3. Swap-Free Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard STP, but no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Designed for traders who cannot participate in swap-based trading due to religious beliefs.
• Target User Profile: Islamic traders.
• Trading Instruments Available: Forex, commodities.

4. Cent Account

• Minimum Deposit Requirement: $10
• Spread/Commission Structure: Variable spreads starting from 1.0 pips, no commission.
• Leverage Options: Up to 1:500.
• Key Features: Allows trading with smaller amounts, ideal for practice.
• Target User Profile: Beginners and those looking to test strategies.
• Trading Instruments Available: Forex.

5. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000).
• Spread/Commission Structure: Same as the Standard STP account.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free trading environment to practice strategies.
• Target User Profile: All levels, especially beginners.
• Trading Instruments Available: All instruments available in live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard STP or Cent Account
• Intermediate: Swap-Free Account
• Advanced: RAW ECN Account

Detailed vtc Account Features

Comparison of Features Across Different Account Types

• Minimum Deposit:

• Standard STP: $100

• RAW ECN: $500

• Swap-Free: $100

• Cent: $10

• Demo: Virtual funds

• Maximum Leverage:

• All account types offer leverage up to 1:500.

• Spreads:

• Standard STP: Variable from 1.0 pips

• RAW ECN: Raw spreads from 0.0 pips

• Swap-Free: Variable from 1.0 pips

• Cent: Variable from 1.0 pips

• Demo: Same as Standard STP

• Commission Fees:

• Standard STP: None

• RAW ECN: $3 per lot

• Swap-Free: None

• Cent: None

• Demo: None

• Lot Size:

• Standard STP: Standard lots

• RAW ECN: Standard lots

• Swap-Free: Standard lots

• Cent: Micro lots

• Demo: Standard lots

• Available Trading Platforms:

• All account types support MT4 and MT5.

• Execution Type:

• Standard STP: Market execution

• RAW ECN: ECN execution

• Swap-Free: Market execution

• Cent: Market execution

• Demo: Market execution

• Islamic Account Availability:

• Swap-Free accounts are available for Islamic traders.

• Demo Account Features:

• All account types can be practiced in demo mode with virtual funds.

Advantages and Disadvantages of Each Account Type

Standard STP Account

• Advantages:
• Low minimum deposit.
• No commission fees.
• User-friendly for beginners.
• Disadvantages:
• Higher spreads compared to ECN accounts.

RAW ECN Account

• Advantages:
• Tight spreads.
• Suitable for scalping.
• Disadvantages:
• Higher minimum deposit.
• Commission fees apply.

Swap-Free Account

• Advantages:
• No swap fees for Islamic traders.
• Flexible trading options.
• Disadvantages:
• Limited to specific trading conditions.

Cent Account

• Advantages:
• Very low minimum deposit.
• Ideal for practice.
• Disadvantages:
• Limited trading instruments.

Demo Account

• Advantages:
• Risk-free trading environment.
• Full access to trading features.
• Disadvantages:
• Virtual funds do not reflect real market conditions.

vtc Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Certain countries may be restricted from opening accounts.
• Prohibited Countries: Residents of the USA, Singapore, Russia, and jurisdictions on FATF and global sanctions lists are not eligible.
• Identity Verification Documents Needed: Government-issued ID (passport or national ID).
• Proof of Residence Requirements: Utility bill or bank statement showing the applicant's name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• VT Markets adheres to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations. All clients must verify their identity and address before trading.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Step-by-Step vtc Account Opening Guide

Detailed Registration Process

1. Visit the Website: Go to the VT Markets official website.
2. Click Registration: Click on the "Register" button.
3. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
4. Choose Account Type: Select the account type that best suits your trading needs.
5. Set Trading Preferences: Specify your trading preferences and leverage settings.
6. Document Upload: Upload the required identification and proof of residence documents.
7. Account Verification: Wait for the account to be verified by the VT Markets team.
8. Fund Your Account: Once verified, log in and deposit funds to start trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, but the mobile interface may have a simplified layout.

Common Registration Issues and Solutions

• Issue: Document upload fails.
• Solution: Ensure documents are clear and in the correct format (JPEG, PNG, PDF).
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes between 1-3 business days.

How to Upgrade/Downgrade Account Types

• To change your account type, log into your account and navigate to the account settings section. Follow the prompts to request an upgrade or downgrade.

vtc Demo Account Guide

Demo Account Features and Benefits

• The demo account allows traders to practice without financial risk, using virtual funds to simulate real trading conditions.

How to Open a Demo Account

• Follow the same registration steps as for a live account but select the demo account option.

Demo Account Limitations

• The demo account may have limited features compared to live accounts, such as restricted access to certain trading instruments.

Virtual Balance Amount

• Typically, demo accounts are funded with $10,000 in virtual currency.

Demo vs Live Account Differences

• Demo accounts do not involve real money, while live accounts require actual funds and involve real market risks.

Duration/Expiry of Demo Accounts

• Demo accounts usually remain active for a limited time, often 30 days, after which they may need to be renewed.

vtc Islamic Account Details

Swap-Free/Islamic Account Availability

• VT Markets offers swap-free accounts for traders who adhere to Islamic finance principles.

Eligibility Requirements

• Traders must indicate their need for a swap-free account during the registration process.

Differences from Standard Accounts

• Swap-free accounts do not incur swap fees, making them compliant with Islamic law.

How to Apply for Islamic Account

• Select the swap-free option during the account registration process.

Restrictions or Special Conditions

• Swap-free accounts may have specific trading conditions, such as higher spreads.

FAQs – vtc Account Types & Opening

1. What account types does vtc offer？

• VT Markets offers Standard STP, RAW ECN, Swap-Free, Cent, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard STP: $100, RAW ECN: $500, Swap-Free: $100, Cent: $10, Demo: Virtual funds.

1. How long does vtc account verification take？

• Verification typically takes 1-3 business days.

1. Does vtc offer demo accounts？

• Yes, VT Markets offers demo accounts for practice.

1. Can I have multiple account types with vtc？

• Yes, you can open multiple accounts with different types.

1. Does vtc offer Islamic/swap-free accounts？

• Yes, VT Markets provides swap-free accounts for Islamic traders.

1. What documents do I need to open a vtc account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can upgrade or downgrade your account type through your account settings.