Viamarketsgo-Overview of Minimum Deposit, Leverage, Spreads

Note: Since Viamarketsgos official site (https://viamarketsgo.com) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

Viamarketsgo, a trading name of RT Sale LTD., is allegedly an unregulated and offshore forex broker registered in the UK that claims to provide its clients with various tradable assets with flexible leverage up to 1:1000 and variable spreads from 0.2 pips on the web-based trading platform, as well as a choice of six different account types.

Market Instruments

Viamarketsgo advertises that it mainly offers five different asset classes in financial markets, including forex, stocks, commodities, indices and cryptocurrencies.

Account Types

There are six live trading accounts offered by Viamarketsgo, namely Standard, Gold, Premium, Platinum, VIP and Elite. Opening a Standard account requires the minimum initial deposit amount of $1,000, while the other five account types have much higher minimum initial capital requirements of $8,000, $10,000, $25,000, $50,000 and $100,000 respectively.

Leverage

Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Standard, Gold and Premium accounts can enjoy the maximum leverage of 1:1000; the Platinum account has a leverage of 1:500; while the VIP and Elite accounts can experience leverage of 1:200. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Spreads

Viamarketsgo claims that different account types can enjoy quite different spreads. In particular, the spread starts from 1.8 pips on the Standard account, 1.6 pips on the Gold account, 1.2 pips on the Premium account, 0.8 pips on the Platinum account, 0.4 pips on the VIP account and 0.2 pips on the Elite account. However, as tested on the demo account, the spread for the benchmark EUR/USD pair was floating around 2 pips.

Trading Platform Available

The platform available for trading at Viamarketsgo is a web-based trading platform. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

Viamarketsgo works with credit/debit cards such as Visa and MasterCard, as well as some odd payment options like Alikassa, Interkassa, Oaquiring and PayOp. The minimum initial deposit requirement is said to be €250. The broker claims that it does not charge fees on withdrawals, but there is a clause that if “the Client has made less than five independent transactions, an additional commission of 5% will be charged when withdrawing funds.”

Bonuses

Viamarketsgo claims to offer withdrawal bonuses, which vary depending on account types. For example, the bonus is up to 50% on the Standard, Gold, Premium and Platinum accounts while up to 100% on the VIP and Elite accounts. However, the trading volume must reach $10,000,000 for every $1,000 of bonus funds received so that this bonus money can be withdrawn.

Customer Support

Viamarketsgos customer support can be reached by telephone: +79310095636, +442030973148 or email: support@viamarketsgo.com. Company address: 52 Lime Street, LONDON, EC3M 7AF.