VTGM Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-16 15:02

Abstract：VTGM, founded in 2004, is a brokerage registered in Australia. The trading instruments it provides cover Forex, Precious Metals, Energy, Index.

　　Note: VTGM's official website: https://vt-gm.com is currently inaccessible normally.

VTGM Review Summary
Founded	2004
Registered Country/Region	Australia
Regulation	No regulation
Market Instruments	Forex, Precious Metals, Energy, Index
Account Type	Demo, Prime, Elite
Demo Account	✔
Leverage	Up to 1:400
Spread and Commission	Prime Account: From 0.0 pips, $3.0 per lot commission, Elite Account: From 1.0 pip, no commission per lot
Minimum Deposit	$100 (for Prime and Elite Accounts)
Trading Platform	MT5
Payment Method	Wire Transfer, BPAY, Swift Payment
Customer Support	Phone: +61 4 8882 6516
Customer Support	Email: info@valktrade.com

VTGM Information

　　VTGM, founded in 2004, is a brokerage registered in Australia. The trading instruments it provides cover Forex, Precious Metals, Energy, Index.

Pros and Cons

Pros	Cons
Diverse Market Instruments	Unregulated
Competitive Spreads	Limited Payment Options
Generous leverage up to 1:400	Limited account types offered
MT5 supported	No Islamic account
Demo account available
Low commissions

Is VTGM Legit?

　　VTGM is regulated by VFSC in Vanuatu. Its current status is suspicious clone.

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Current Status
Vanuatu	VFSC	VALK TRADE GLOBAL LIMITED	Retail Forex License	700557	Suspicious Clone

What 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 Type	Prime Account	Elite Account
Spreads	From 0.0 pips	From 1.0 pips
Commission	$3.0 per lot commission	No commission per lot

VTGM 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.