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Swiss Markets , VT Markets Broker Comparison

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

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

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
Swiss Markets
1.62
Unverified
Under guarantee
5-10 years
CYSEC
VISA/Mastercard,Maestro,postepay,giropay/SOFORT/eps/iDEAL,Przelewy24,Skrill/NETELLER,Bank Wire
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
RAW STP - SWISS11,CLASSIC STP ACCOUNT
--
$200
1:200
--
0.00
--
0.01
--
VT Markets
8.68
Regulated
Under guarantee
--
--
10-15 years
ASIC,FSCA
--
AA
AA
364.9
1
1
1
1999
1984
1999
AAA

EURUSD: -0.1

XAUUSD: -7.9

16
-1
16
AAA
4.62 USD/Lot
14.23 USD/Lot
A

Long: -7.51

Short: 2.74

Long: -275.32

Short: 87.55

C
0.1
205.5
Cent ECN,Cent STP,Swap-Free RAW ECN,Swap-Free STP,Pro ECN,RAW ECN,Standard STP
Forex, Gold, Silver and Oil only
50USD= 5000USC
--
from 0.0
0.00
--
0.01
--

Swiss Markets 、 VT Markets BrokerRelated News

Swiss Markets BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do swiss-markets and vt-markets have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

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

Forex broker introduction

swiss-markets
Swiss Markets Review Summary
Founded 2016
Company Name BDS Swiss Markets Global Services Ltd
Registered Country/Region Mauritius
Regulation CYSEC (Regulated)
Trading Instruments Forex, Metals, Energy, Commodities, and Indices
Demo Account Available
Swap-free Account Available
Trading Platform MT4
Minimum Deposit $200
Customer Support Phone: +44 (20) 36709704; +49 3021446981; +34 (91) 0756974; +357 25262934; Email: support@swissmarkets.com; Online Messaging

What is Swiss Markets?

Swiss Markets, a subsidiary of BDS Swiss Markets Global Services Ltd, is an online forex and CFD broker that has been operational since 2016. It provides investors with various trading assets, including Forex, Metals, Energy, Commodities, and Indices. The company is registered in Mauritius and regulated by the Cyprus Securities and Exchange Commission (CYSEC).

Despite being a regulated entity, Swiss Markets has been identified on a list of blocked websites issued by the Ministry of Trade, Indonesia, on February 2, 2022, citing unauthorized commodity futures trading. This is a significant red flag for potential investors considering using their platform.

Swiss Markets' home page

Pros & Cons

Pros Cons
  • Regulated by CYSEC
  • Being marked out on the WikiFx warning list
  • Appealing Spread & Commissions
  • Support MT4 trading platform
  • Various Methods to Deposit & Withdrawal

Pros:

  • It is regulated by the Cyprus Securities and Exchange Commission (CYSEC), ensuring it adheres to strict regulatory standards.

  • It offers appealing spreads and commissions, which can help traders keep their trading costs low.

  • It supports the popular MT4 trading platform, which provides advanced charting tools, automated trading through Expert Advisors (EAs), and a secure trading environment.

  • It provides various methods for deposits and withdrawals, offering flexibility and convenience to clients.

Cons:

  • It has been marked out on the WikiFx warning list, which can raise concerns about its credibility and reliability. It's always important for traders to do their due diligence when choosing a broker.

Is Swiss Markets safe or scam?

Swiss Markets is regulated by the Cyprus Securities and Exchange Commission (CYSEC), which generally offers a degree of reassurance that they adhere to specific regulatory standards for fair trading and client transparency. However, despite regulation status, Swiss Markets have been flagged up due to their presence on a warning list issued by WikiFX, a platform providing broker service information and more.

regulated by CYSEC

Swiss Markets is part of a list of brokers that have been flagged as potentially dangerous by a regulatory authority. On February 2, 2022, these brokers had an adverse disclosure issued by the Ministry of Trade in Indonesia. This listing blocks several websites due to their participation in illegal commodity futures trading and gambling under the pretense of trading.

blacklist brokers

The exposures concerning Swiss Markets generally focus on issues related to withdrawals and deceptive practices. Users commonly reported experiencing troubles when trying to withdraw their funds - unexpected fees were sometimes introduced and withdrawals would either take an excessively long time or not be processed correctly, often leading to additional costs. Furthermore, some users also pointed out concerns relating to the handling of deposits and unexpected trade anomalies after depositing significant amounts. The issues were not satisfactorily resolved, even after multiple complaints, casting doubts about the platform's reliability and trustworthiness.

User Exposure on WikiFX

Market Instruments

  • Forex: This involves trading in the global currency market, offering a range of currency pairs for trading.

  • Metals: This category allows users to trade in precious metals such as gold and silver.

  • Energies: Swiss Market clients have the opportunity to trade in energy commodities, including crude oil and natural gas.

  • Indices: This platform provides global indices allowing traders to gain exposure to various sectors of different economies.

  • Equities: Clients can also opt to trade in equities, providing an opportunity to invest and trade in various company shares.

Market Instruments

Account Types

Swiss Markets offers two primary account types, the STP Classic and the STP Raw, both with a minimum deposit of $200. The STP model is a mechanism in the financial market that allows direct trades between buyers and sellers without going through an intermediate exchange or any other form of processing. This implies a non-dealing desk environment where trade orders are automatically processed by the system, eliminating the need for a manual dealing desk.

Account Types

Leverage

Swiss Markets offers different levels of leverage depending on the account type and the market instrument being traded. For Forex trading, the leverage is quite high - it can go up to 1:500 for the STP Classic account and up to 1:200 for the STP Raw account. For other trading categories, such as Metals, Energies, Indices, and Equities, the leverage is set at 1%, or equivalently a ratio of 1:100. This applies uniformly on both STP Classic and STP Raw account types.

It's important to note that while higher leverage can magnify profits, it can also increase potential losses. Therefore, it should be used judiciously and traders should have a well-thought risk management strategy in place.

Leverage

Spread & Commission

Spreads Commissions
STP Classic STP Raw STP Classic STP Raw
Forex 0.9 pips 0 pips No 11
Precious Metals 22 points 18 points 5
Energies 55 points 35 points
Stock Indices Fixed Fixed 2

Swiss Markets operates with two different account types, STP Classic and STP Raw, each with its unique spread and commission structure. They have designed these structures to cater to a diverse range of trading needs.

For the STP Classic account, spreads are set low and no commissions are charged across Forex, Precious Metals, and Energies trading. However, there is a minimal fixed commission for Stock Indices.

Conversely, in the STP Raw account, they offer extremely low or even zero spreads in Forex trading. This tighter spread is also evident in Precious Metals and Energies trading. This lower spread does come with a commission fee. In the case of Stock Indices, like with the STP Classic, spreads are fixed with a small commission charge.

Trading Platforms

Swiss Markets offers the MetaTrader 4 (MT4) trading platform, a comprehensive platform that offers a variety of features to aid traders in executing their strategies, one of the most popular and widely used trading platforms in the world. It's available across multiple devices including Windows, Mac, iOS, and Android, offering flexibility and convenience to its users.

MT4

Deposit & Withdrawal

Swiss Markets offers a diverse range of deposit and withdrawal methods, including Visa, Mastercard, Maestro, Postepay, Giro Pay, Swift, Sofort, EPS, iDeal, Przelewy24, Skrill, and Neteller. Most methods support various currencies and process deposits immediately. Swift,however, can take 1-4 working days for deposits to process.

When it comes to withdrawals, Visa, Mastercard, Maestro, Skrill, Neteller, and Swift manage this within 24 hours. Postepay, Giro Pay, Sofort, EPS, iDeal, and Przelewy24 do not support withdrawals.

For a detailed breakdown of the deposit and withdrawal methods, supported currencies and timeframes, clients can refer to the table provided.

Deposit details
Withdrawal details

Conclusion

Swiss Markets is a broker that is regulated by the Cyprus Securities and Exchange Commission. They offer broad accessibility with a user-friendly interface, multidimensional trading analysis tools via the MT4 platform, and diverse methods for deposits and withdrawals. They prioritize client fund safety, with a minimum deposit of $200, and ensure swift processing of transactions. However, being flagged on the WikiFx warning list signals the need for users to conduct their own due diligence.

Frequently Asked Questions (FAQs)

Q: How much money do I need to put in to open an account?

A: The minimum deposit for starting a new account is $200.

Q: Is Swiss Markets regulated?

A: Yes, the broker is regulated by the Cyprus Securities and Exchange Commission (CYSEC) however recently was flagged by the Ministry of Trade in Indonesia for unauthorized activity.

Q: What trading platform does Swiss Markets use?

A: Swiss Markets uses the MetaTrader 4 platform, under a white-label license.

Q: Why is Swiss Markets on a warning list?

A: The Ministry of Trade in Indonesia listed Swiss Markets on a warning list for illegal commodity futures trading.

Q: How can I contact Swiss Markets?

A: Swiss Markets can be contacted via phone: +44 (20) 36709704; +49 3021446981; +34 (91) 0756974; +357 25262934; Email: support@swissmarkets.com. And online messaging on the website is also available.

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 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.

vt-markets
VT Markets Review Summary
Founded2017-12-18
Registered Country/RegionAustralia
RegulationFSCA-Regulated, ASIC-General Registration
Market InstrumentsForex, Indices, Energies, Precious Metals, Cryptocurrencies, CFDs, Soft Commodities
Demo Account
LeverageUp to 1:1000
SpreadAs low as 0 pips
Trading PlatformVT Markets App (Web/mobile), MT5 and MT4 (PC/mobile download), TradingView, WebTrader (Web-based, no download)
Min Deposit$50 (Cent Account)
Customer Supportsupport@vtmarkets.com
+ 27 101412968
Live Chat
LinkedIn, Twitter, YouTube, Facebook, Instagram

VT Markets Information

What is VT Markets? VT Markets is an award-winning online trading broker founded in 2015, positioning itself as a global multi-asset platform focused on “making trading simpler and more accessible” for traders of all experience levels. To date, it has gained over 3 million registered users, 600,000+ active clients, processes over 60 million trades monthly with a monthly trading volume exceeding $720 billion, and built a strong industry reputation through mature technical infrastructure and customer-centric services.

It also has deep partnerships with sports entities like Premier League‘s Newcastle United Football Club and Maserati MSG Racing, provides client fund protection underwritten by Lloyds Insurance, holds membership in the Financial Commission, and offers multilingual support via email (support@vtmarkets.com), phone (+27 101412968), and live chat to meet global traders’ needs.

VT Markets Website

Pros and Cons

Pros Cons
RegulatedSmall handling fee applies (no unified standard)
1000+ tradable instruments (Forex/Indices/Crypto, etc.)Crypto‘s Swap/expiration rules not clearly labeled
Standard STP/Cent/RAW ECN/PRO ECN/Swap-Free accounts availableWeak localized support in some European regions
Spread from 0.0 pips (RAW ECN)
No commissions for Standard STP
Free deposits
Segregated custody + $1M insolvency protection
Supports MT4/MT5/TradingView, award-winning VT Markets App

Is VT Markets Legit?

VT Markets guarantees compliance and security via key measures: client funds are segregated, insured up to $1M by Lloyds, and it’s a Financial Commission member for dispute mediation. With 9+ years in operation, no major compliance issues, and transparent website disclosures (no hidden fees), it meets safety standards.

VT Markets is a legitimate and compliant broker, supported by the following key factors:

Regulated AuthorityCurrent StatusLicensed EntityRegulated CountryLicense TypeLicense No.
FSCARegulatedVT MARKETS (PTY) LTDSouth AfricaRetail Forex License50865
ASICGeneral RegistrationVT GLOBAL PTY LTDAustraliaInvestment Advisory License516246
FSCA licenses
ASIC licenses
VT Markets registeration

What Can I Trade on VT Markets?

The platform covers 8 asset classes and 1,000+ tradable instruments. Key products include:

Tradable Instruments Supported
Forex
Indices
Energies
Precious Metals
Cryptocurrencies
CFDs
Soft Commodities
Bonds
Mutual Funds
VT Markets market information

Account Type

What account types does VT Markets offer? VT Markets offers 6 account types tailored to different traders needs. Key parameters are compared below:

FeatureStandard STPRAW ECNPRO ECNSwap-FreeCent AccountDemo Account
Min. Deposit$100$100Contact Support$100$50$0
Spreads From1.2 pips0.0 pips0.0 pips1.2 pips (STP)0.0 pips (ECN)1.1 pips (STP)0.0 pips (ECN)Same as live accounts
Commission$0$6 per lot(round turn)Ultra-low(Contact)$0 (STP)$6 (ECN)$0 (STP)$6 (ECN)$0
Min. Trade Size0.01 lots0.01 lots0.01 lots0.01 lots0.01 lots0.01 lots
Suitable ForBeginnersLow-volume tradersActive tradersScalpersProfessional tradersInstitutionsMuslim tradersLong-term holdersComplete beginnersPracticeAll strategy testers
VT Markets account types information

VT Markets Fees

How about VT markets fees? The platform has a transparent fee structure, mainly divided into “trading fees” and “deposit/withdrawal fees,” with no hidden costs:

What are VT Markets Trading Fees Details?

Fee TypeAccount TypeFee Details
SpreadsStandard STPFloating, starting from 1.2 pips
RAW ECN / PRO ECNFloating, starting from 0.0 pips (e.g., EURUSD can be near 0 pips)
CommissionRAW ECN$6 per round turn (per standard lot)
PRO ECNLower (Contact for specific rates)
Standard STP / Cent$0
Overnight SwapAll non-Islamic accountsApplies to long/short positions (e.g., often $0 for shorting BTC; small fees for some long positions)
Swap-Free (Islamic)$0

Can I Know VT Markets' Deposit and Withdrawal Fees

ActionMethodFee Details
DepositAll Methods (Card, Wire, E-Wallet, etc.)Free
WithdrawalBank Wire TransferSmall handling fee (e.g., ~$10–$20 per transfer)
CryptocurrencyBased on network miner fees
E-Wallets/OthersA small fee may apply

Leverage

What VT Markets leverage can I use? VT Markets offers flexible leverage options, with maximum leverage varying by account and instrument. Key rules include:

LeverageApplicable Instruments
Up to 1:1000Major Forex Pairs, Indices
~1:10Cryptocurrencies (e.g., BTCUSD)
~1:200Precious Metals (e.g., XAUUSD)
Adjustable (Min 1:1)All Account Types (STP, ECN, Swap-Free)

Trading Platform

Does VT Markets provide MT4 and MT5? VT Markets integrates 5 mainstream platforms, covering “mobile, PC, and web” to meet diverse scenarios:

Trading PlatformSupported Available Devices Suitable for
VT Markets AppMobile (iOS/Android)On-the-go, fragmented-time trading
MetaTrader 5 (MT5)PC/mobile downloadBeginners, multi-asset traders
MetaTrader 4 (MT4)PC/mobile downloadExperienced traders, MT4 习惯 users
TradingViewWeb/mobileTechnical analysis, strategy development
WebTraderWeb-based (no download)Temporary trading, no download access
VT Markets MT4 and MT5

Deposit and Withdrawal

How about VT Markets Deposit and Withdrawal? For VT Markets‘ deposit process, supported methods include credit cards (Visa/MasterCard), bank transfers, e-wallets (Neteller, Skrill), UnionPay, and Tasapay—with credit card deposits reflecting in minutes, e-wallets (like Neteller) taking under 10 minutes, and bank transfers 1–3 business days; minimum deposits are $100 for Standard STP/ECN Accounts and $50 for Cent Accounts, with no maximum limit. For withdrawals, methods correspond to deposits (following the “same-card/same-account” rule), processing times range from 2 minutes to 1 hour for crypto, same-day for Euro Instant Bank Transfers, and 1–3 business days for regular bank transfers, while there’s no minimum withdrawal amount (some methods may have a $10 floor) or daily frequency limit.

FeatureDepositWithdrawal
Supported MethodsCredit/Debit Cards (Visa/Mastercard), Bank Wire Transfer, E-Wallets (Neteller/Skrill), UnionPayCorresponds to deposit method (Same payment method principle), Bank Wire Transfer, E-Wallets
Processing SpeedCards / E-Wallets: Usually within minutesBank Wire Transfer: 1-3 business daysCrypto: 2 mins - 1 hour (claimed)EUR Instant Transfer: Same day (claimed)E-Wallets: Usually fast (e.g., under 1 hour)Bank Wire Transfer: 1-3 business days
Minimum AmountCent Account: $50Standard Account: $100No minimum limit (Some methods may have a minimum, e.g., $10)
FeesNo fee from VT MarketsNo fee for basic withdrawals (Fees may apply for specific conditions)
LimitsNo maximum limit mentionedNo daily limit on the number of withdrawals

Copy Trading

VT Markets has launched the “VTrade Copy Trading System,” tailored for beginners who want to trade without in-depth market knowledge by following professional traders. Its core features include: access to a “signal pool” where traders can check top performers‘ historical data (profit rate, maximum drawdown, trading frequency), one-click following to automatically replicate real-time order actions, full disclosure of signal providers’ trading records (profits, losses, held instruments) for transparency, and customizable risk controls (maximum follow lot size, stop-loss ratio) for followers to avoid heavy losses.

Bonus

Does VT Markets have a no-deposit bonus? offers two core promotions for new and existing users. Specific rules are subject to real-time platform disclosure (T&Cs apply—certain trading volume requirements must be met to withdraw bonuses):

New User First Deposit Bonus: New traders can enjoy a “maximum 50% bonus” on their first deposit (e.g., a $1,000 deposit earns a $500 bonus, boosting initial trading capital).

Regular Deposit Bonus: All users (including existing ones) receive a “20% bonus” on subsequent deposits, with a maximum bonus of $10,000 per deposit. Bonuses are credited within 1 business day of deposit.

VT Markets no deposit bouns

Do swiss-markets and vt-markets have lower transaction costs?

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 swiss-markets and vt-markets are, we first considered common fees for standard accounts. On swiss-markets, the average spread for the EUR/USD currency pair is -- pips, while on vt-markets the spread is from 0.0.

Which broker between swiss-markets, 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.

swiss-markets is regulated by CYSEC. vt-markets is regulated by ASIC,FSCA.

Which broker between swiss-markets, 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.

swiss-markets provides the RAW STP - SWISS11,CLASSIC STP ACCOUNT platform with products like --; vt-markets offers the Cent ECN,Cent STP,Swap-Free RAW ECN,Swap-Free STP,Pro ECN,RAW ECN,Standard STP platform featuring assets including Forex, Gold, Silver and Oil only.

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