Vida Markets Forex Broker

Vida Markets Review SummaryRegistered2022Registered Country/RegionAnguillaRegulationFSCA (Exceeded)Market InstrumentsForex, Equities, Indices, Commodities, and CryptosDemo Account/LeverageUp to 1:1000SpreadFrom 0.1 pipsTrading PlatformMT4, MT5, VIDA PAMM, and VM SocialMinimum Deposit/Social Trading✅Customer SupportLive Chatsupport@vidamarkets.comRegional RestrictionsNorth Korea, the United StatesVida Markets Information Vida Markets is a foreign exchange and contracts for difference (CFD) broker, offering a variety of trading instruments such as foreign exchange, stocks, indices, commodities, and cryptocurrencies. The company provides the MetaTrader 4/5 platforms and flexible account types, including STP, RAW, and swap-free options.Pros and ConsPros Cons Multiple trading instrumentsExceeded FSCA licenseSwap-free account availableRegional restrictionsSupport PAMM/MAM account managementHigh leverage (with higher risks)24/7 customer supportPartially opaque feesOffer MetaTrader 4 and MetaTrader 5No demo accountSpread as low as 0.1 pipsSocial trading availableIs Vida Markets Legit? Vida Markets holds an FSCA license, but its regulatory status is “Exceeded,” which means relatively low security.Regulated AuthorityCurrent StatusLicensed EntityRegulated CountryLicense TypeLicense No.Financial Sector Conduct Authority (FSCA)ExceededVIDA GLOBAL MARKETS(PTY)LTDSouth AfricaFinancial Service Corporate42734What Can I Trade on Vida Markets?Tradable Instruments Supported Forex✔Equities✔Indices✔Commodities✔Cryptos✔Shares❌ETFs❌Bonds❌Mutual Funds❌Account Type Vida Markets offers 2 account types. The STP account is suitable for investors who focus on trading costs and have a moderate trading frequency; the RAW account is specifically designed for professional traders with frequent trading activities and a pursuit of low trading costs. In addition, the Swap-Free account is applicable to users in Indonesia, Malaysia, and the Middle East and North Africa (MENA) region.Account Type STPRAWSpreads1.2 pips0.1 pipsCommission0From $5/€5/£5Maximum Leverage1:10001:1000Min Trade Size0.010.01Leverage Vida Markets offers leverage of up to 1:1000. High leverage is suitable for experienced traders with strong risk tolerance.Vida Markets Fees Spread and Commission STP Account: No commission, with a fixed spread of 1.2 pips, offering relatively straightforward trading costs. RAW Account: A spread as low as 0.1 pips, but a commission of at least $5 per lot is charged.Trading Platform The platform mainly provides two major trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). In addition, traders can also choose VIDA PAMM, and VM Social mobile trading.Trading PlatformSupported Available Devices Suitable for MT4✔PC, web, mobileBeginnersMT5✔PC, web, mobileExperienced TradersVIDA PAMM✔Mobile/VM Social✔Mobile/Deposit and Withdrawal Vida Markets supports multiple deposit and withdrawal methods, including debit/credit cards, digital wallets, bank transfers, and cryptocurrencies (in some regions).Social Trading The social trading function provided by the platform is a major highlight. Investors can view the trading strategies and performance of leading traders in real time and choose to follow their trades.