VT Markets Complete Review - Benefits and Drawbacks Revealed

VT Markets, while it supports a variety of third-party tools and social copy trading, fails to compete with the leading forex brokers because of its limited research material, poor instructional information, and restricted choice of accessible markets.

Pros

VT Markets is regulated in one tier-3 country and is a subsidiary of Vantage Group, which is licensed in two tier-1 countries.

VT Markets provides the whole MetaTrader suite, as well as premium trading tools from Trading Central.

Trading charges at VT Markets vary from low to high (when utilizing the VT Markets ECN account) (for the Standard account option).

The broker's unique mobile app, VT Pro, is simple to use and provides news headlines and analysis.

To supplement its current regulatory safeguards, VT Markets carries indemnity insurance.

Support for third-party features such as Acreage trading signals and ZuluTrade clone trading.

Cons

VT Markets offers less than 200 symbols in comparison to Saxo Bank, IG, or CMC Markets, which provide a far larger number of markets to trade.

VT Markets provides a growing but still restricted range of instructional information, placing them at a disadvantage in comparison to competitors.

A $1,000 minimum deposit is required to get access to Trading Central tools.

Is VT Markets a secure investment？

With an overall Trust Score of 79 out of 99, VT Markets is regarded as average-risk. VT Markets is not publicly listed, does not run a bank, and is licensed by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and one tier-3 regulator (low trust). Through its parent business, Vantage, VT Markets is approved by the following tier-1 regulators: the Australian Securities and Investment Commission (ASIC) and the Financial Conduct Authority (FCA). Find out more about Trust Score.

Investment Proposal

VT Markets' CFD offering covers 168 symbols and a wide range of asset types, including stocks, commodities, metals, indices, and FX pairings. The table below outlines the various investment packages accessible to VT Markets customers.

Fees and Commissions

The cost of trading at VT Markets differs depending on whether you choose the Raw ECN or Standard STP account. The Standard STP account is commission-free but has wider spreads than the Raw ECN account; both accounts need a minimum deposit of $200.

Average spreads: According to VT Markets, the normal spread on the EUR/USD for their Standard STP account is 1.2 pips, while the RAW ECN effective spread is 0.83 pips (based on 0.6 round turn commission and 0.23 average spread for September 2021). The cost for the VT Markets Raw ECN account is very regular for the industry, however, the pricing for the Standard STP account is less appealing.

Apps for Mobile Trading

Despite complete MetaTrader suite compatibility and a dedicated mobile app, VT Markets just cannot compete with the finest MetaTrader brokers in this area. The VT Markets VT Pro mobile app has shown great promise, but more work is needed to fulfill its full potential.

VT Markets is mainly a MetaTrader broker, but it also has a customized mobile app called VT Pro. VT Pro, MetaTrader 4 (MT4), and MetaTrader 5 (MT5) are all accessible straight from the Google Play and Apple App stores for Android and Apple iOS smartphones.

Ease of use: The VT Markets VT Pro mobile app offers a well-designed display that is simple to use and contains nicely integrated research information. It includes essential tools such as watchlist items as well as resources such as newsletter articles that cover Pivot Point analysis over a collection of six prominent trading symbols.

There is also a dedicated news page with articles covering technical analysis, as well as a detailed economic calendar that allows you to subscribe to events (as well as a useful function that populates calendar events when you view a particular symbol).

Charting: VT Pro's charting tools are limited to a few simple options, such as the ability to convert the display into landscape mode and the inclusion of tick chart capability. There are just seven indicators, 10 time periods to choose from, and no drawing tools or additional capabilities.

Alternative Trading Platforms

With no unique online or desktop platform, VT Markets remains a MetaTrader-only broker, providing MetaQuotes Software Corporation's popular platform package. Check out our best MetaTrader brokers list for our top selections among comparable offers.

Overview of platforms: VT Markets provides the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms for Windows and Mac. For traders who deposit at least $1,000, VT Markets provides many MT4 plugins as part of Trading Central's Pro Trading Tools portfolio (a popular third-party provider).

Trading tools: For copy trading, VT Markets offers third-party signal sources such as Acreage and ZuluTrade.

Market Investigation

VT Markets offers a limited amount of research information in the form of its Daily Market Analysis series, as well as third-party content from Trading Central. Despite its high quality, the Daily Market Analysis series is a fairly restricted offering, with just one daily piece. In this area, VT Markets scores near to the industry average, but it still has a long way to go if it wants to compete with industry leaders like Saxo Bank, IG, or CMC Markets.

Overview of research: I thought the level of in-house coverage in VT Markets' Daily Market Analysis series was adequate. The series covers fundamental and technical analysis and contains several informative charts, but I was left wanting to know more about the overall market situation. Trading Central's Economic Calendar, as well as the daily video updates broadcast on VT Markets' YouTube channel, contribute to the research. VT Markets should improve its research offering by categorizing and extending its video material library.

Market News and analysis: For customers that deposit $1,000 or more, VT Markets gives access to Trading Central's Pro Trading Tools package, which is accessible immediately via the client site. Trading Central also offers a MetaTrader add-on as part of its VT Markets service. Otherwise, VT Markets just publishes one daily article and video with market news and commentary.

Education

VT Markets has just added an education area to its website, which includes roughly a dozen videos and articles. On its YouTube channel, there is also instructive information about financial markets. Aside from certain Trading Central content, VT Markets has a limited range of instructional resources, which hurts their score in this area. Consider education leaders like Saxo Bank, IG, or FXCM.

Finally, Some Ideas

If VT Markets intends to compete with the finest forex brokers, it must drastically increase its supply of financial markets education (which is now lacking entirely) and research, as well as make upgrades to its mobile app.

Furthermore, its market coverage is restricted in comparison to the hundreds of symbols accessible from other multi-asset brokers that use MetaTrader, such as City Index, XTB, or FOREX.com.

VT Markets Information

VT Markets, based in Sydney, Australia, was created in 2016 and is a subsidiary of Vantage International Group (VIG), which has regulatory status in several countries, including the Cayman Islands, the United Kingdom, and Australia.