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IG , VT Markets Broker Comparison

Do you want to know which is the better broker between IG and VT Markets ?

In the table below, you can compare the features of IG , VT Markets side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
IG
8.49
Domestic Regulation
Under guarantee
Above 20 years
ASIC,FCA,FSA,NFA,AMF,FMA,MAS,DFSA
--
A
B
566.1
109
109
125
1627
1627
1375
C

EURUSD: -22.5

XAUUSD: 2.7

--
--
--
B
16.17 USD/Lot
35.28 USD/Lot
AA

Long: -6.42

Short: 2.14

Long: -18.32

Short: 8.57

AAA
0.2
17.5
Standard account,DMA account
Foreign exchange, precious metals, CFD
no minimum deposit requirement
200:1
EURUSD 0.6 Gold 0.3
0.00
floating
0.1,0.01(MT4)
--
VT Markets
8.64
Regulated
Under guarantee
--
--
5-10 years
FSCA,ASIC
--
A
C
659.7
156
156
246
1973
1973
1969
AA
--
9
-1
26
B
16.24 USD/Lot
32.36 USD/Lot
AA

Long: -5.36

Short: 2.47

Long: -30.8

Short: 18.9

D
0.8
286.6
STP,RAW ECN
Forex/precious metals/soft commodities/indexes/cryptocurrencies/energy/US stocks/Hong Kong stocks
$50
1:500
1.2
50.00
floating
0.01
(14+) BTC,ETH,LTC,BCH,LINK,DOGE,XRP,EOS,XLM,DOT,SOL,ADA,UNI,MATIC

IG 、 VT Markets BrokersRelevant information

IG BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of ig, vt-markets lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

ig
Registered in United Kingdom
Regulatory status FCA, ASIC, FSA, NFA, FMA, MAS and DFSA, AMF
Year(s) of incorporation More than 20 years
Market instruments Forex, Indices, Shares, CommoditiesCryptocurrencies, Bonds, ETFs, OptionsIndustry sectors, Interest rates
Minimum initial deposit $250
Maximum leverage 1:200
Minimum spread 1 pips for EURUSD
Demo accounts Available
Trading platform Intuitive web platform, MetaTrader 4, L2 dealer and mobile apps
Deposit and withdrawal methods Credit/debit cards, bank transfer
Customer Service E-mail/phone number/address/live chat
Fraud allegations Yes

Here is an official video from the company.

It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.

Pros and Cons of IG

Pros:

  • Wide variety of markets and instrument options.

  • Intuitive and customizable trading platforms.

  • Access to advanced technical analysis and charting tools.

  • Multilingual, multi-channel customer service.

  • Demo account with virtual financing of $20,000.

  • There is no minimum deposit requirement for real accounts.

  • It offers leverage of up to 1:200.

Cons:

  • Fees and costs may not be clearly specified on the website.

  • Information on account types is limited.

  • There are not many educational resources available on the website.

  • The withdrawal of funds is not clearly specified.

  • The minimum transaction amount may be high for some markets.

  • No welcome bonuses or promotions are offered.

  • Credit card deposit fees can be high compared to other brokers.

What type of broker is IG?

Dimension Advantages Disadvantages
Broker Model IG offers tight spreads and fast execution due to its Market Making model. As a counterparty to its clients' operations, IG has a potential conflict of interest that may lead to decisions that are not in the best interest of the clients.

IG is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, IG acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of offering leverage. However, this also means that IG has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interest of their clients. It is important for traders to be aware of this dynamic when trading with IG or any other MM broker.

General Information and Regulatory Status

IG is a UK-registered company and regulated by multiple international financial bodies, including the FCA, ASIC, FSA, NFA, FMA, MAS and DFSA. It offers access to a wide variety of financial instruments, including currencies, indices, cryptocurrencies, stocks and commodities, with over 18,000 markets available. The company provides multiple trading platforms, including an intuitive web platform, MetaTrader 4, L2 dealer and mobile apps. It also offers multilingual customer support through various channels, including telephone, email, social media and online chat.

In the following article, we will analyze the characteristics of this broker in all its dimensions, offering you easy and well-organized information. If you are interested, read on.

Market Instruments

Advantages Disadvantages
Wide variety of trading instruments Too many instruments can be overwhelming for some
Possibility to diversify the investment portfolio Increased knowledge and skill is required to operate
Opportunities to take advantage of different conditions There may be more risk due to exposure to different markets
Access to a wide range of international markets Increased complexity in position and risk management

IG offers access to more than 17,000 markets, covering Forex, Indices, Shares, Commodities, Cryptocurrencies, Bonds, ETFs, Options, Industry sectors, Interest rates, and more. This dimension is an advantage for traders as it provides them with a wide variety of instruments to trade and allows them to diversify their investment portfolio. In addition, this wide selection of instruments allows traders to take advantage of different market conditions and opportunities. However, a possible disadvantage of this dimension is that it can be overwhelming for some traders, as it requires greater knowledge and skill to trade in different markets. In addition, exposure to different markets can increase the risk of a portfolio, requiring more complex position and risk management.

market instruments

Spreads and Commissions

Advantages Disadvantages
- Spreads are quite competitive. - Spreads can be viewed on the website. - There is not much information available on commissions. - Costs may be higher in less liquid markets or with lower trading volume.

In terms of costs, IG offers competitive and transparent spreads, with the average spread for EUR/USD being one pip. However, there is not much information available on commissions, which may create uncertainty for some traders. In addition, it is important to note that costs may be higher in less liquid markets or with lower trading volume. Overall, IG appears to offer a reasonable and competitive cost structure compared to other brokers.

trading costs

Trading Accounts Available at IG

IG's demo account is a very useful tool for beginner traders, as it allows them to trade in a safe and risk-free environment. With IG's virtual funding of $20,000, traders can practice and hone their trading skills without risking their capital. In addition, the IG demo account provides access to the trading platform and all the instruments and tools available in the live account, allowing traders to familiarize themselves with the platform and test different trading strategies. Overall, the IG demo account is an excellent tool for beginner traders to gain experience and confidence in trading before investing their own capital.

Advantages Disadvantages
Demo accounts available Lack of detailed information on account types on the website
Single account for all customers It can be difficult for new customers to choose a suitable account without detailed information.
Access to all of IG's financial instruments

IG offers a single live account for its clients and the minimum deposit required is $250. Aside from live accounts, demo accounts are also available.

account types

Operating Platform Offered by IG

Advantages Disadvantages
Easy-to-use intuitive web platform Web platform may be less customizable than other platforms
Offering MetaTrader 4, a popular and well-known platform MetaTrader 5, the latest version of the platform, is not offered.
L2 Dealer offers a wide range of advanced tools and functionalities for experienced traders. L2 Dealer can be more complicated for beginner traders
Mobile apps available for iOS and Android Mobile apps may be less customizable than the web platform
Wide selection of platforms to meet the needs of different types of traders No proprietary trading platform exclusive to IG is offered.

IG offers a variety of trading platforms to meet the needs of different types of traders. The web-based platform is intuitive and easy to use, although it may be less customizable than other platforms. They also offer MetaTrader 4, a popular and well-known platform in the forex industry. For experienced traders, L2 Dealer offers a wide range of advanced tools and functionalities. However, this platform can be more complicated for beginner traders. Mobile apps are available for iOS and Android, allowing traders to trade on the go. Overall, the selection of platforms offered by IG is an advantage for traders, although some may find the lack of an IG-exclusive trading platform a disadvantage.

trading platform

Maximum IG Leverage

Advantages Disadvantages
Allows traders to increase their earning potential with limited capital Leverage also increases the risk of significant losses
Possibility of accessing larger markets without having to deposit large amounts of capital Novice traders may have difficulty understanding and managing leverage properly.
Opportunity to diversify the investment portfolio by trading in several markets with different levels of leverage Leverage can increase psychological pressure on traders, which can affect their decision making.
Facilitates the possibility of profiting from small market movements Traders can lose more than what they initially invested if they do not properly manage leverage and the associated risks.

As for the maximum leverage dimension at IG, the company offers a maximum leverage of up to 1:200. This means that traders can open positions that are 200 times larger than their available capital. Leverage can be a powerful tool for experienced traders, as it allows them to earn higher profits with limited capital. However, it can also significantly increase the risk of loss and it is important that traders fully understand the risks and limitations of leverage before using it. Overall, IG's maximum leverage is comparable to that of other online brokers and may be suitable for those seeking greater buying power in the market.

maximum leverage

Deposit and Withdrawal: Methods and Fees

Advantages Disadvantages
Wide variety of deposit methods No detailed information on withdrawals is provided
Free deposits with Visa and Mastercard debit cards Commissions on credit card deposits
Bank transfers accepted There are no other methods such as skrill, neteller, perfect money, etcetera.

IG offers several methods for depositing funds, including debit and credit cards, as well as wire transfers to your HSBC and Standard Chartered Bank accounts. No minimum deposit is required and debit card deposits are free of charge. However, fees of 1% are charged on Visa deposits and 0.5% on Mastercard deposits. Unfortunately, there is no detailed information on withdrawal of funds, which may be a drawback for some customers. Overall, the variety of deposit options is positive, although the costs associated with credit card deposits should be carefully considered.

deposit and withdrawal

IG Educational Reaources

Unlike other online brokers, IG seems to offer a limited amount of educational resources on its website. Although a news and analysis section can be found, as well as an economic calendar, there are not many online resources to help traders learn and improve their trading skills. It is important to note that despite this, IG has a long history and experience in the financial market, which can be of great help to experienced traders looking for a reliable and solid platform to conduct their trades. However, for new and inexperienced traders, they may need to seek additional educational resources elsewhere to enhance their understanding of the financial markets and develop effective trading skills.

IG Customer Service

Customer service is an important dimension for any business and in the case of IG, this company offers a variety of options for contacting them. Customers can communicate via phone, email, social media and online chat, which offers great flexibility and convenience for users. In addition, customer service is available in multiple languages, which is a great advantage for international customers. Overall, IG seems to have placed adequate emphasis on customer service, which is important to ensure customer satisfaction and maintain a good reputation in the financial market.

Conclusion

In conclusion, IG is a well-established and regulated trading platform that offers a wide variety of financial instruments, an intuitive web platform and access to MetaTrader 4 and L2 Dealer. Although its demo account offers generous virtual funding, information on live accounts is limited. Multilingual customer service is available through multiple channels. However, the lack of educational resources and limited information on withdrawals are areas where they could improve. Overall, IG is a solid choice for traders looking for a regulated platform with a wide selection of instruments and a reliable trading platform.

Frequently Asked Questions about IG

  • Question: What is the minimum deposit required to open an account with IG?

  • Answer: There is no minimum deposit requirement to open an account with IG.

  • Question: What deposit methods are accepted on IG?

  • Answer: IG accepts deposits through debit cards, credit cards and bank transfers.

  • Question: What is the maximum leverage offered by IG?

  • Answer: IG offers a maximum leverage of up to 1:200 on certain financial instruments.

  • Question: How can I contact IG customer service?

  • Answer: You can contact IG customer service by phone, email, online chat or social media.

  • Question: What trading platforms does IG offer?

  • Answer: IG offers an intuitive web platform, MetaTrader 4, L2 Dealer and mobile applications.

  • Question: What is the average spread for EUR/USD at IG?

  • Answer: The average spread for EUR/USD is one pip.

  • Question: Does IG offer educational resources for traders?

  • Answer: They offer a variety of live webinars and educational content on their YouTube channel.

vt-markets

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Feature Detail
Registered Country/Region Australia
Found 2016
Regulation Regulated by FSCA
Market Instrument forex, precious metals, soft commodities, indexes, cryptocurrencies, energy, US stocks and Hong Kong stocks
Account Type STP & Raw ECN
Demo Account N/A
Maximum Leverage 1:500
Spread Vary on the account type
Commission Vary on the account type
Trading Platform MetaTrader4, MetaTrader5, WebTrader, Mobile App
Minimum Deposit $200
Deposit & Withdrawal Method credit/debit cards, Wire Transfers, Skrill, Neteller, Bitcoin, etc

VT Markets was founded in 2016 and headquartered in Sydney, Australia, a subsidiary of Vantage International Group Limited, has over ten years' experience and expertise in global financial markets. As a regulated broker, VT Markets operates under the oversight of the Financial Sector Conduct Authority (FSCA). VT Markets offers a suite of trading instruments, including major, minor, and exotic currency pairs, allowing traders to capitalize on various market opportunities. In addition to forex, the broker also provides access to other financial instruments, including Soft Commodities, Indices, Cryptocurrencies, Energy, Share CFDs, Bonds CFDs, ETFs trading, Precious Metals .

Traders can benefit from competitive trading conditions at VT Markets, including low minimum deposit of $100, fast execution speeds, and flexible leverage options up to 1:500. The broker employs advanced technology infrastructure to ensure reliable and efficient trading, catering to the needs of both novice and experienced traders.

VT Markets supports the industry-standard MetaTrader 4 (MT4) trading platform and MetaTrader 5 (MT5) trading platform, as well as webtrader, known for its robust functionality, advanced charting tools, and customizable features, offering a seamless trading experience, with access to a wide range of technical indicators, expert advisors (EAs), and automated trading capabilities.

VT Markets provides a responsive and professional customer support team to assist traders with their inquiries and concerns. Support is available through various channels, including phone, email and live chat, ensuring timely and efficient assistance. The broker's website also features a comprehensive FAQ section, providing answers to commonly asked questions.

basic-info

Is VT Markets legit or a scam?

VT Markets operates under the regulation of multiple regulatory authorities, including the Australian Securities and Investments Commission (ASIC) in Australia and the Financial Sector Conduct Authority (FSCA) in South Africa.

With its entity in South Africa regulated by the FSCA, VT Markets complies with the regulatory requirements set by this reputable financial authority. The FSCA is known for its stringent oversight and supervision of financial services providers.

Additionally, VT Markets also holds an Investment Advisory License. It is important for traders to evaluate the specific details and limitations of this license to determine its scope and relevance to their individual investment needs.

Financial Sector Conduct Authority - FSCA
Australia Securities & Investment Commission - ASIC

Pros and Cons

VT Markets offers several advantages, including a wide range of trading instruments, multiple account types and flexible leverage options to cater to the diverse needs of traders. The user-friendly trading platforms, along with advanced trading tools and features, enhance the trading experience.

However, it's important to consider some drawbacks. VT Markets operates with limited regulatory oversight, which may raise concerns for some traders seeking a higher level of regulatory protection. They also have limited educational resources available, which may be a drawback for traders looking to enhance their knowledge and skills.

Pros Cons
Wide range of trading instruments Limited regulatory oversight
Low trading fees Limited educational resources
Multiple account types Limited customer support options
Multiple trading platforms, MT4, MT5 and Webtrader No demo accounts
Advanced trading tools and features No Islamic trading accounts available
Flexible leverage up to 1:500 Limited research and analysis resources
Swap-free options available
Wide selection of payment methods
Social Trading Aavailable
Deposit and welcome bonuses offered

Market Instruments

VT Markets is a forex broker that offers a wide range of tradable assets to cater to the diverse needs of traders. With a comprehensive selection of instruments, including Forex, Soft Commodities, Indices, Cryptocurrencies, Energy, Share CFDs, Bonds CFDs, ETFs trading, and Precious Metals, VT Markets provides ample opportunities for traders to participate in various global markets.

  • Forex Pairs-Forex trading is one of the primary offerings of VT Markets, allowing traders to engage in currency pairs from major, minor, and exotic currencies. This enables them to take advantage of fluctuations in the forex market and capitalize on potential profit opportunities.

  • Soft Commodities-VT Markets also provides access to Soft Commoditiessuch as agricultural products, including wheat, corn, soybeans, and more. Traders interested in diversifying their portfolios can take advantage of price movements in these markets.

  • Indices-Indices trading is another prominent asset class offered by VT Markets. Traders can trade popular stock market indices like the S&P 500, NASDAQ, FTSE 100, and more, allowing them to speculate on the performance of the broader market.

  • Cryptocurrencies-Cryptocurrencies have gained significant popularity in recent years, and VT Markets acknowledges this trend by offering a range of digital currencies for trading. Traders can participate in the crypto market and potentially benefit from the volatility and potential growth of cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others.

  • Energy-Energy products, such as crude oil and natural gas, are also available for trading on VT Markets. Traders can speculate on the price movements of these essential energy commodities, influenced by various geopolitical and economic factors.

  • Share CFDs-Share CFDs provide an opportunity for traders to engage in equity trading without actually owning the underlying shares. VT Markets offers a selection of share CFDs from leading global companies, allowing traders to speculate on their price movements.

  • Bonds CFDs-Bonds CFDs and ETFs trading are additional asset classes offered by VT Markets, providing traders with exposure to fixed-income securities and diversified investment portfolios, respectively.

  • Precious Metals-Precious Metals like gold, silver, platinum, and palladium are also available for trading. These metals are often seen as safe-haven assets and can be an attractive option for traders looking for alternative investments.

Account Types

VT Markets offers two distinct types of trading accounts designed to cater to the diverse needs of traders. The first account type is the Standard STP account, which operates on the execution model of Straight Through Processing (STP). The second account option is the Raw ECN account, which utilizes an Electronic Communication Network (ECN) execution model. This account type is particularly suitable for traders seeking direct market access, tighter spreads, and increased liquidity.

Both the Standard STP and Raw ECN accounts require a minimum deposit of $100, making them accessible to traders with varying levels of capital. Additionally, VT Markets offers a range of base currencies for account holders to choose from, including USD, AUD, GBP, EUR, and CAD. This allows traders to select their preferred currency for more convenient account management.

Furthermore, VT Markets provides swap-free options for both account types, also known as Islamic or Sharia-compliant accounts. These accounts are designed for traders who adhere to Islamic principles, as they eliminate any interest charges on positions held overnight.

account-types
account-types

Aside from live trading accounts, VT Markets also provides demo accounts for traders to test the trading environment and practice their trading skills.

How to open an account?

Opening an account is the first step towards accessing the financial markets and participating in forex trading. VT Markets has simplified the account opening process to ensure a seamless experience for traders. Here is a step-by-step guide on how to open an account with VT Markets:

1. Visit the VT Markets official website,and click on the “Open Live Account” button: On the VT Markets website, locate the “Open Account” button or a similar option that signifies the account opening process. This will redirect you to the account registration page.

open-account

2. Fill out the account registration form: Complete the account registration form with accurate personal information, including your full name, email address, phone number, and country of residence. Ensure that you provide all the required details correctly to avoid any issues during the verification process.

open-account

3. Select the desired account type: VT Markets offers different account types to cater to the diverse needs of traders. Choose the account type that aligns with your trading preferences and objectives.

4. Submit the necessary documents: As part of the account opening process, VT Markets may require you to submit certain identification documents for verification purposes. These documents typically include a valid ID proof (such as a passport or driver's license) and proof of address (such as a utility bill or bank statement). Follow the instructions provided by VT Markets to upload the required documents securely.

5. Fund your trading account: Once your account is successfully opened and verified, you can proceed to fund your trading account. VT Markets supports various deposit methods, including Visa, MasterCard, bank wire transfer and more.

Leverage

With a leverage of up to 1:500, its customers can trade 40 different currency pairings and spot gold contracts. One can use a leverage of up to 1:333 on energy commodities, 1:100 on Silver Spot, and 1:20 on soft commodities such as cocoa, coffee, cotton, orange juice, and raw sugar (Crude Oil, Natural gas, Gasoline, and Gasoil). Stocks of the 50 largest U.S. and Hong Kong firms are available for trading via Contracts for Difference (CFDs), with leverage of 1:20. You can trade 15 stock indexes, including the SP 500, DJ30, and US 2000, with high leverage (up to 1:333).

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

VT Markets offers different trading accounts with varying spreads and commission structures to cater to the diverse needs of traders.

The standard account at VT Markets provides a zero-commission trading environment, which means that you won't be charged any commissions on your trades. However, it offers average spreads on currency pairs. For example, the spreads on major pairs like EUR/USD start from 1.3 pips, GBP/USD from 1.8 pips, AUD/USD from 1.6 pips, and USD/JPY from 1.5 pips. While these spreads are competitive, they are slightly wider compared to ECN account spreads.

spread-commission

On the other hand, VT Markets' ECN accounts offer relatively low spreads. For instance, the spreads on EUR/USD can start from as low as 0.0 pips, GBP/USD from 0.6 pips, AUD/USD from 0.4 pips, and USD/JPY from 0.5 pips. These tight spreads are particularly attractive for traders who prioritize lower transaction costs.

spread-commission

However, it's important to note that ECN accounts incur a commission fee. VT Markets charges a commission of $3 per lot traded on ECN accounts. This commission is added on top of the spreads and is a transparent fee for accessing the interbank market liquidity and tighter spreads.

spread-commission

Overall, VT Markets provides a range of account options with competitive spreads and commission structures. Traders can choose between the standard account with zero commissions but slightly wider spreads, or the ECN account with lower spreads and a commission fee per lot.

Non-Trading Fees

VT Markets prides itself on its transparent fee structure, and while the focus is primarily on competitive trading conditions, there are a few non-trading fees to be aware of. Let's explore these fees in more detail to gain a comprehensive understanding of the costs involved.

One of the notable non-trading fees charged by VT Markets is the inactivity fee. This fee is applied when an account remains inactive for a specified period of time, typically several months. It is important to review the specific terms and conditions of the inactivity fee, including the duration of account inactivity and the associated charges.

Another non-trading fee to consider is the withdrawal fee. While VT Markets offers various convenient withdrawal methods, it's important to be aware that certain fees may apply when transferring funds from your trading account to your personal bank account or e-wallet. These fees can vary depending on the chosen withdrawal method, so it's advisable to review the broker's official website or contact their customer support for detailed information on withdrawal fees.

Additionally, VT Markets may impose fees for specific services or requests, such as account statement requests or document processing. These fees are typically disclosed in the broker's fee schedule or terms and conditions, so it's recommended to familiarize yourself with these details to avoid any unexpected charges.

Trading Platform Available

VT Markets offers a range of advanced trading platforms to cater to the diverse needs of traders. With their selection of robust platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, WebTrader+, and the VT Market App, traders can access the financial markets with ease and precision. Each platform provides unique features and capabilities to enhance trading experiences and execute trades efficiently.

MetaTrader 4 (MT4):MT4 is a globally recognized and widely used trading platform, renowned for its user-friendly interface and extensive range of trading tools. It offers real-time market data, advanced charting options, and customizable indicators to help traders analyze the markets and make informed trading decisions. MT4 also supports automated trading through expert advisors (EAs), allowing traders to automate their strategies.

mt4

MetaTrader 5 (MT5):MT5 is the successor to MT4 and comes with additional features and enhanced capabilities. It offers an improved interface, advanced charting tools, and an expanded range of technical indicators. MT5 also allows traders to access different asset classes, including stocks and futures, in addition to forex trading. With its powerful analytical tools and multi-asset support, MT5 caters to traders seeking advanced trading functionalities.

mt5

VT Market App:The VT Market App is a mobile trading platform designed for traders who prefer to trade on the go. Available for both iOS and Android devices, the app allows traders to access their accounts, monitor market conditions, and execute trades from anywhere, anytime. The VT Market App provides a seamless trading experience, ensuring traders never miss out on potential trading opportunities.

VT market-app

WebTrader:The WebTrader platform is a web-based trading solution that provides traders with the flexibility to access their accounts from any web browser without the need for software installation. It offers a user-friendly interface, real-time market data, and essential trading features. Traders can analyze charts, place trades, and manage their positions conveniently through WebTrader.

WebTrader+:WebTrader+ is an enhanced version of the WebTrader platform, offering additional features and functionalities. It provides advanced charting tools, technical indicators, and customizable trading settings. With WebTrader+, traders can monitor market movements in real-time, execute trades swiftly, and manage their positions effectively, all within a browser-based interface.

Deposit & Withdrawal

VT Markets offers clients access to a diverse range of supported payment methods, including VISA, Mastercard, Bank Transfer, Neteller, Skrill, UnionPay, Alipay, FasaPay, Tether, and Bitcoin. The minimum deposit requirement of $100 makes VT Markets accessible to a wide range of traders, whether they are beginners starting with a smaller capital or experienced traders looking to add funds to their trading accounts.

It is important to note that specific terms, conditions, and fees may apply to each payment method, and it is advisable to review the broker's official website or contact their customer support for detailed information regarding the deposit and withdrawal process.

deposit
withdrawal

Deposit & Withdrawal logos

Bonuses

VT Markets claims to offer various trading incentives at the time, including a 50% Welcome Bonus, 20% Deposit Bonus and referral bonuses. In any case, you should be very cautious if you receive a bonus. Bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Note that brokers are prohibited from using bonuses and promotions by all leading regulators.

It's important to note that bonuses come with specific terms and conditions that traders should be aware of. These terms may include minimum deposit requirements, trading volume requirements, and certain restrictions on bonus withdrawals. Traders are encouraged to carefully review the bonus terms and conditions on VT Markets' official website or consult with their customer support for detailed information.

Educational Resources

VT Markets offers a comprehensive range of educational resources designed to empower traders with the knowledge and tools necessary for their trading.

One of the standout features of VT Markets' educational resources is the availability of various trading tools. Traders can leverage expert advisors, forex signals, and an economic calendar to make informed trading decisions. These tools provide valuable insights, automate trading strategies, and help traders stay updated with key economic events that can impact the markets.

Additionally, VT Markets offers the MAM/PAMM (Multi-Account Manager/Percentage Allocation Management Module) system, allowing experienced traders to manage multiple accounts simultaneously. This feature is especially beneficial for fund managers and traders looking to diversify their trading strategies.

For technical analysis enthusiasts, VT Markets integrates Trading Central MT4 tools into its platform. These tools provide in-depth market analysis, including price forecasts, trend analysis, and key levels to watch. Traders can utilize this information to identify potential trading opportunities and make well-informed trading decisions.

VT Markets also provides daily market analysis to keep traders informed about the latest market trends, news, and insights. This analysis covers various financial instruments, including forex, commodities, indices, and more. It helps traders stay ahead of market developments and adapt their trading strategies accordingly.

To assist traders in navigating the MT4 trading platform effectively, VT Markets offers an MT4 guide. This comprehensive guide covers the platform's features, functionalities, and how to optimize its use for trading purposes. It is particularly useful for beginner traders who are new to the MT4 platform.

Moreover, VT Markets supports social trading through its innovative program called VTrade. This program allows traders to connect, interact, and share trading ideas with other traders within the VT Markets community. Traders can learn from experienced traders, gain insights, and even replicate successful trading strategies.

educational-resources

Customer Support

VT markets customer support can be reached by email: info@vtmarkets.com. You can also follow this broker on social networks such as Twitter, Facebook, Instagram, YouTube and LinkedIn. Company address: Level 35, 31 Market St, Sydney NSW 2000, Australia; 4th Floor, the Harbour Centre, 42 N Church St, George Town, Cayman Islands.

VT Markets offers various channels for customer assistance. Traders can reach out to the dedicated support team through email, and online chat, allowing for convenient communication and prompt resolution of queries or concerns.

customer-support

Additionally, VT Markets recognizes the importance of staying connected with clients through social media platforms. They actively engage with traders on platforms like Facebook, Twitter, and Linkedin and Youtube, providing updates, market insights, and addressing customer inquiries in a timely manner.

One of the key advantages of VT Markets' customer support is its multilingual capability. The support team is proficient in multiple languages, enabling them to effectively assist clients from diverse backgrounds and ensure clear communication.

customer-support

Conclusion

VT Markets is a forex broker that offers a range of trading services and features. As with any broker, there are both positive and negative aspects to consider when evaluating their offerings.On the positive side, VT Markets provides a user-friendly trading platform that is equipped with advanced charting tools and a wide range of technical indicators. Moreover, VT Markets offers a diverse selection of trading instruments, including major and minor forex currency pairs, commodities, indices, and cryptocurrencies.

However, it's important to consider the potential drawbacks. VT Markets has limited customer support options, as they primarily rely on email communication. This may result in slower response times and limited real-time assistance for urgent queries.

Additionally, while VT Markets provides educational resources such as webinars and tutorials, the availability and depth of these materials could be further expanded to better support traders in their learning journey.

Frequently Asked Questions (FAQs)

Q 1: Is VT markets regulated?
A 1: Yes. VT markets is regulated by FSCA.
Q 2: Does VT markets offer the industry-standard MT4 & MT5?
A 2: Yes. Both MT4 and MT5 are available.
Q 3: What is the minimum deposit for VT markets
A 3: The minimum initial deposit at VT markets to open any account type is $200.
Q 4: Is VT markets a good broker for beginners?
A 4: No. VT markets is not a good choice for beginners. It is regulated and offers popular MT4 and MT5 platforms though, its website is unavailable and the minimum deposit requirement is unfriendly for beginners.

Are the transaction costs and expenses of ig, vt-markets lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive ig and vt-markets are, we first considered common fees for standard accounts. On ig, the average spread for the EUR/USD currency pair is EURUSD 0.6 Gold 0.3 pips, while on vt-markets the spread is 1.2.

Which broker between ig, vt-markets is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

ig is regulated by ASIC,FCA,FSA,NFA,AMF,FMA,MAS,DFSA. vt-markets is regulated by FSCA,ASIC.

Which broker between ig, vt-markets provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

ig provides trading platform including Standard account,DMA account and trading variety including Foreign exchange, precious metals, CFD. vt-markets provides trading platform including STP,RAW ECN and trading variety including Forex/precious metals/soft commodities/indexes/cryptocurrencies/energy/US stocks/Hong Kong stocks.

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