VTGM Forex Broker

Note: VTGM's official website: https://vt-gm.com is currently inaccessible normally.VTGM Review SummaryFounded2004Registered Country/RegionAustraliaRegulationNo regulationMarket InstrumentsForex, Precious Metals, Energy, IndexAccount TypeDemo, Prime, EliteDemo Account✔LeverageUp to 1:400Spread and CommissionPrime Account: From 0.0 pips, $3.0 per lot commission, Elite Account: From 1.0 pip, no commission per lotMinimum Deposit$100 (for Prime and Elite Accounts)Trading PlatformMT5Payment MethodWire Transfer, BPAY, Swift PaymentCustomer SupportPhone: +61 4 8882 6516Email: info@valktrade.comVTGM Information VTGM, founded in 2004, is a brokerage registered in Australia. The trading instruments it provides cover Forex, Precious Metals, Energy, Index.Pros and ConsPros Cons Diverse Market InstrumentsUnregulatedCompetitive SpreadsLimited Payment OptionsGenerous leverage up to 1:400Limited account types offeredMT5 supportedNo Islamic accountDemo account availableLow commissionsIs VTGM Legit? VTGM is regulated by VFSC in Vanuatu. Its current status is suspicious clone.Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent StatusVanuatuVFSCVALK TRADE GLOBAL LIMITEDRetail Forex License700557Suspicious CloneWhat Can I Trade on VTGM? VTGM offers traders Forex, Precious Metals, Energy, Index to trade.Tradable Instruments Supported Forex✔Precious Metals✔Energy✔Index✔Futures❌Options❌Account Types VTGM offers 2 different types of accounts to traders - Prime Account, Elite Account. It also provides demo accounts.Account TypePrime AccountElite AccountSpreadsFrom 0.0 pipsFrom 1.0 pipsCommission$3.0 per lot commissionNo commission per lotVTGM Fees VTGM charges $3.0 per lot commission for Prime Account, 0 commission per lot for Elite Account. Prime Account's spread is from 0.0 pips and Elite Account's spread is from 1.0 pips.Trading Platform VTGM's trading platform is MT5, which supports traders on PC, Mac, iPhone and Android.Trading PlatformSupported Available Devices MT5 Margin WebTrader✔Web, MobileMT4❌Deposit and Withdrawal The broker supports 3 types of deposit and withdrawal methods - Wire Transfer, BPAY, Swift Payment. The min deposit is $100.