Is VT Markets safe and legit? Full review
VT Markets is a broker regulated by Australia's ASIC and South Africa's FSCA, with operations dating back to 2016. It holds an overall A rating for its trading environment, with standout results in slippage (AAA) and disconnection (AAA), though its speed grade is B and its cost grade is A. The broker offers seven account types with a minimum opening condition of $50, and all of them support hedging, scalping, and EA trading. Trading is available on MT4, MT5, and a self-developed platform with mobile apps, and the software experience is rated Fair. Customer service covers 21 languages through email and social channels, and users should expect lengthy response times. Its influence rating is Class A, with an average influence index of 7.84. Among the commonly cited pluses are its multiple regulators, its solid trading environment, and its full-license MT4/5 platforms; on the downside, there is no biometric login, and customer support responses tend to be slow.
Regulatory Compliance and Security
VT Markets is subject to dual supervision, with both regulators showing a "Regulated" status and a safety level of Level 1.
Account Type
VT Markets offers 7 types of accounts:
Trading Environment
VT Markets has a trading environment rating of A, with the specific breakdown indicators as follows:
Speed Details:
- Fastest speed: 1.0 ms (opening 1.0 / closing 1.0)
- Slowest speed: 1998.0 ms (opening position 1986.0 / closing position 1998.0)
Cost Details:
- Gold (XAU): Average Cost 18.33 USD/Lot
- Crude Oil (WH): Average Cost 6.57 USD/Lot
Swap Details:
- Crude Oil Long: -6.91 USD/Lot / Short: 2.19 USD/Lot
- Gold Long: -189.8 USD/Lot / Short: 63.44 USD/Lot
Test Data: 1,574 users participated in the test, with a total of 202,785 transactions and occupied margin of $7,966,321 USD. It ranks 48th among 109 brokers in the comprehensive ranking.
Trading software
VT Markets supports the MT4 and MT5 platforms (both with "Full License" authorization), as well as its self-developed software.
MT4/5 Server Distribution:
- MT5 Servers: distributed across China, China Hong Kong, the United States, the United Kingdom, Cyprus, Singapore, Australia, the United Arab Emirates, and Malaysia
- MT4 Servers: distributed across the United States, the United Kingdom, China, China Hong Kong, Singapore, Brazil, Australia, Malaysia, Thailand, Peru, Indonesia, Japan, France, Germany, and the United Arab Emirates
Mobile Support:
- iOS: VT Markets
- Android: VT Markets, VT Markets Pro
The software experience is rated as "Fair".
Customer Service
Customer support is available in 21 languages, and you can reach the team through email and social platforms for answers to most inquiries; note that response times may be lengthy.
Influence
Influence Rating: A. Key influence distribution regions include the United Arab Emirates, Albania, Argentina, Austria, Australia, Bangladesh, Belgium, Bulgaria, Bahrain, and Bolivia. Average Influence Index: 7.84.