⭐ VT Markets Journal

Journal status: live
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VT Markets Profile
Year
2015
Country
South Africa, Mauritius
Branches
4
Regulation
FSCA South Africa, FSC Mauritius
Registration
FSCA South Africa, FSC Mauritius
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Afghanistan, Belarus, Burma, Burundi, Canada, Central Africa, Iran, Iraq, Myanmar, North Korea, Russia, Singapore, Sudan, Syria, US, Ukraine, Venezuela, Yemen, Zimbabwe
Broker type
MM, STP routing, ECN-style pricing
Dealing book
A+B Hybrid book
Execution model
DD + NDD
Licensed as
Principal
Operating as
Principal, Matched Principal
Tier
3
Execution speed
...
LPs total
17
LPs quality
Tier-1 Banks, Non-banks
LPs names
BNP Paribas, Bank of America, Barclays , Citibank, Commerzbank, Credit Agricole, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, KCG, Nomura, RBS, Societe Generale, Virtu Financial, Westpac

VT Markets Accounts
MM
ECN
Minimum Deposit
100 $
100 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.2 pips
0 pips
Commission
0 $/lotRT
6 $/lotRT
Volume
100 lots
100 lots
Margin Call
80 %
80 %
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Apple Pay, Google Pay, Skrill, Neteller, FasaPay, Alipay, China UnionPay
Base currency
USD, EUR, AUD, GBP, CAD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
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Is VT Markets safe?

  • Investor protection: no
  • Regulation: FSCA South Africa, FSC Mauritius
  • Registration: FSCA South Africa, FSC Mauritius
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is VT Markets trusted?

  • Information transparency: high ★★★★★
  • Customer service: not so helpful ★★
  • VT Markets website: highly detailed, updated ★★★★★
  • VT Markets popularity (by visitor count): low visits ★★

How VT Markets works


The Raw ECN account gives you direct, commission-based access to the interbank market with no interference. It's trading, as it's meant to be.

With no dealing desk and ultra-fast execution, our Standard STP account gives you direct access to global markets.


VT Markets is a true STP/ECN Forex broker. This means that we aggregate the best bid and ask prices from deep liquidity pools in the underlying FX market. These prices are provided by the top tier investment banks listed on our home page, including J.P.Morgan, HSBC, RBS, Credit Suisse, Citibank, Nomura and Goldman Sachs.


Each of the following constitutes a Default Event:
wilful misconduct, (including commission churning, sniping, causing or contributing to or benefiting from a Quoting Error, moving the price of an underlying asset, scalping, arbitraging off-market pricing);


VIG receives price feeds from liquidity providers. Having multiple liquidity providers is important especially during abnormal market conditions, such as at times of extreme volatility as the firm is still able to provide its clients with competitive prices. VIG has elected to appoint various liquidity providers/execution venues to whom all orders will be transmitted for execution. They are also our technology providers.

5.1.2 The firm will not quote any price outside the market’s operation time. The prices generated electronically on our platforms are provided by our liquidity providers who aggregate and provide the market data.

1.2. VT Markets is an investment dealer authorised and regulated by the Financial Services Commission ("FSC") under Investment Dealer (Full Service Dealer, excluding Underwriting)

2. OVERVIEW
2.1. Your order will be created on VT Markets9 MT4/5 trading platform. Those orders will be immediately transmitted through to our various liquidity providers utilizing our straight through processing.

9. CONTRACTS FOR DIFFERENCE (CFD)
9.1. VT Markets recognizes that when closing out an open position, the client must close out the contract with VT Markets that sold it to them, even if there is a better price elsewhere. The price that is quoted for a CFD product will be based on the price of the relevant underlying instrument. To this will be added VT Markets9 spread and fees so the price may differ from the exchange or market makers quotes on the underlying instrument, however VT Markets will seek out the best possible consideration on the underlying instrument.

10. CONFLICTS OF INTEREST
10.1. VT Markets recognizes that conflicts may exist between the interests of VT Markets and its clients. The platform on which orders are transmitted will display the best available price from one of our chosen liquidity providers that we have determined (based on several execution factors) to be suitable for certain market orders.



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