VT Markets Review

VT Markets is part of the Vantage Group of companies, and provides access to the MetaTrader platforms as well as its own VT Pro trading app.

VT markets is not the place to look for research-the only advantage is It does have the possibility for copy trading.

VT Markets pros & cons

Pros

• VT Markets is regulated- even though not a very strong regulatory body. jurisdictions.

• VT Markets offers the full MetaTrader use, along with trading tools from Trading Central.

• When using their ECN accounts , costs are average to the market. When using the Standard account the costs become expensive.

• VT Pro –has a mobile app – is easy to use and delivers news headlines and research.

• VT Markets carries indemnity insurance to complement its existing regulatory protection.

• Support for third- copy trading via ZuluTrade.

Cons

• Fewer than 200 symbols are available at VT Markets, compared to the extensive selection of markets to trade at other major brokers.

• VT Markets has a limited education package, putting it at a disadvantage relative to peers.

• Access to Trading Central tools requires a minimum deposit of $500.

Commissions and fees

As stated earlier the ECN account has decent spreads, where as the Standard account becomes expensive in their spreads. accounts require a minimum deposit of just $200.

Average spreads: VT Markets lists the typical spread on the EUR/USD at 1.2 pips for its Standard STP account, while the RAW ECN effective spread was 0.83 pips. The pricing for the VT Markets Raw ECN account is pretty standard for the industry, while the Standard STP account pricing is less attractive.