Vida Markets

Vida Markets Information

Vida Markets is a foreign exchange and contracts for difference (CFD) broker, offering a variety of trading instruments such as foreign exchange, stocks, indices, commodities, and cryptocurrencies. The company provides the MetaTrader 4/5 platforms and flexible account types, including STP, RAW, and swap-free options.

Pros and Cons

Is Vida Markets Legit?

Vida Markets holds an FSCA license, but its regulatory status is “Exceeded,” which means relatively low security.

What Can I Trade on Vida Markets?

Account Type

Vida Markets offers 2 account types. The STP account is suitable for investors who focus on trading costs and have a moderate trading frequency; the RAW account is specifically designed for professional traders with frequent trading activities and a pursuit of low trading costs. In addition, the Swap-Free account is applicable to users in Indonesia, Malaysia, and the Middle East and North Africa (MENA) region.

Leverage

Vida Markets offers leverage of up to 1:1000. High leverage is suitable for experienced traders with strong risk tolerance.

Vida Markets Fees

Spread and Commission

STP Account: No commission, with a fixed spread of 1.2 pips, offering relatively straightforward trading costs.

RAW Account: A spread as low as 0.1 pips, but a commission of at least $5 per lot is charged.

Trading Platform

The platform mainly provides two major trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). In addition, traders can also choose VIDA PAMM, and VM Social mobile trading.

Deposit and Withdrawal

Vida Markets supports multiple deposit and withdrawal methods, including debit/credit cards, digital wallets, bank transfers, and cryptocurrencies (in some regions).

Social Trading

The social trading function provided by the platform is a major highlight. Investors can view the trading strategies and performance of leading traders in real time and choose to follow their trades.