VT Markets review.

Overview

TrueBroker is a free broker safety checker, and this page is our review of VT Markets, scored 6 out of 10 across regulation, fees, platform, support and reviews. Our previous review of this firm scored it 5.3 out of 10; this review restates the verdict from current evidence, and the move reflects our updated assessment rather than any change at the firm itself.

“VT Markets” is not one company but a group of at least six separately named entities, each with a different, narrowly scoped role: a South African intermediary, a Dubai branch licensed for promotion only, a Mauritius entity that actually takes the trade, and Cyprus and UK entities that the group’s own terms say do not offer regulated financial products or trading services at all. Which entity a client actually contracts with depends on where they sign up, and that structure is the single most important thing to understand before anything else on this page.

Overview Table

Who actually regulates VT Markets

The Financial Sector Conduct Authority’s register shows FSP 50865 held by VT Markets (Pty) Ltd with status Authorized, matching the firm’s own claim. The UAE Capital Market Authority’s register lists VT Markets (Pty) Ltd-Dubai Branch as CP-0001215, status Active, listed since 2025, though the register publishes that CP code rather than the licence number the firm quotes (20200000299), so the company is confirmed and the specific number is not. The FSC Mauritius Online Public Register shows VT Markets Limited holding an SEC-2.1B Investment Dealer licence since 23 October 2023, again confirming the company and permission but not the exact licence number GB23202269 the firm quotes, since the register does not publish licence numbers. On the firm’s own terms, the South African entity is explicit that it “does not act as principal or counterparty” in a client’s transactions, and the Dubai branch is “not authorised to provide brokerage services or execute client trades”, both entities sit in front of the actual trading counterparty, VT Markets Limited in Mauritius.

An earlier review of this firm claimed ASIC regulation in Australia through an entity called VT Global Pty Ltd, licence number 516246. We checked the ASIC register directly: licence 516246 exists, but it is held by CENTFX GLOBAL PTY LTD, not VT Global Pty Ltd. None of the firm’s own regulatory disclosure pages, fetched across its UK, Indonesia, Singapore, Thailand, UAE and Vietnam sites, mention ASIC or an entity of that name at all. That contradiction, together with the unconfirmed licence numbers at the UAE and Mauritius regulators, is the main driver behind the regulation score of 5 out of 10 in this review.

Company registrations behind VT Markets

UK Companies House confirms V.T.M. Integrated Services Limited as company 17416220, a private limited company incorporated 24 August 2026 with status Active. The firm’s own terms describe this UK entity, and a related Cyprus entity (VTMarkets Ltd, registration HE436466), as providing administrative payment facilitation only, stating neither offers regulated financial products or trading services. We were not able to check the Cyprus company registry or the South African company registry (CIPC, for registration 2015/072049/07) directly, since neither answers an automated lookup, that is a gap in our checking, not a finding about the firm.

What VT Markets charges and where a reader should look before depositing

The firm’s own account page for RAW ECN and Cent ECN accounts lists a $6 commission per round turn against a $0.0 pip headline spread, alongside a Standard STP account at $100 minimum deposit with a 1.2 pip spread and no commission. An earlier review of this firm, not independently verified against the firm’s current pages, described a $20 bank wire withdrawal fee after the first free withdrawal each month, a 2% Neteller fee, a 1% Skrill fee and a 0.5% Fasapay handling fee. That fee structure, combined with the account tier detail the firm does publish itself, is reflected in the fees score of 9 out of 10.

Support channels are thin next to everything else

The pages we fetched list an email address, an on-site live chat widget, and a Telegram channel reachable by QR code or link, with a second option in the same chat widget marked “On hold” or “Coming Soon.” No phone line or ticketing system is named on the pages in our evidence. That narrow channel list is what sits behind the support score of 1.3 out of 10, well below every other criterion scored here.

Facts List

• FSCA (South Africa) confirms FSP 50865 is held by VT Markets (Pty) Ltd, status Authorized.
• The UAE Capital Market Authority register confirms the Dubai branch as CP-0001215, Active, but does not publish the licence number 20200000299 the firm quotes.
• The FSC Mauritius register confirms VT Markets Limited as a Full-Service Investment Dealer licensed 23 October 2023, but does not publish the licence number GB23202269 the firm quotes.
• The ASIC register shows licence 516246 held by CENTFX GLOBAL PTY LTD, not the “VT Global Pty Ltd” an earlier review attributed it to.
• UK Companies House confirms V.T.M. Integrated Services Limited, company 17416220, incorporated 24 August 2026, status Active.
• We searched 1,441 warning-list entries mirrored from CySEC, the FCA and the FSC Mauritius, and VT Markets appears on none of them.
• The South African and Cyprus company registries were not checked, since neither register answers an automated lookup.
• The firm’s own terms state its South African FSP “does not act as principal or counterparty” in client transactions.
• The firm’s own terms state its Dubai branch “is not authorised to provide brokerage services or execute client trades.”
• Support channels named on the firm’s own pages are limited to email, live chat and Telegram.

Key Takeaways

Regulation: three registers confirm, one contradicts

• The FSCA register shows FSP 50865 held by VT MARKETS (PTY) LTD, status Authorized, matching the licence VT Markets quotes for its South African entity.
• The UAE Capital Markets Authority (SCA) register lists VT Markets (Pty) Ltd-Dubai Branch as CP-0001215, status Active, listed since 2025. The register confirms the company but publishes a CP code rather than the “License No. 20200000299” the firm quotes, so that specific number is not confirmed.
• The FSC Mauritius Online Public Register shows VT Markets Limited holding SEC-2.1B Investment Dealer (Full Service Dealer excluding Underwriting), licensed 23/10/2023. Again the register confirms the company and its permission but not the quoted number “License No. GB23202269”.
• The ASIC register contradicts a claim: AFS licence 516246 exists, but it is held by CENTFX GLOBAL PTY LTD, not by “VT Global Pty Ltd”. That ASIC claim reached this review only from the earlier published review being rewritten, not from any page VT Markets itself publishes; VT Markets’ own regulatory disclosures list only FSCA, the UAE CMA and FSC Mauritius.
• Companies House confirms V.T.M. Integrated Services Limited as UK company 17416220, Private limited Company, incorporated 24 August 2026, status Active. Companies House is a company registry, not a financial regulator, and the firm’s own terms state this UK entity “does not offer regulated financial products, provide trading services or hold itself out as a regulated payment services provider.”
• The South African company registry (for 2015/072049/07) and the Cyprus company registry (for HE436466) were not checked; that is a gap in this review’s checking, not a finding about the firm.
• Our search of 1,441 warning-list entries mirrored from CySEC, the FCA and FSC Mauritius returned no match for VT Markets, though this covers only the lists we mirror.

What VT Markets charges

• The firm’s own accounts page gives Standard STP as a $100 minimum deposit, 1.2 pip spread, $0 commission, and RAW ECN as $100 minimum, 0.0 pip spread, $6 commission per round turn. The Cent accounts run from a $50 minimum, with the ECN variant also at $6 per round turn.
• Swap Free and Islamic account variants are advertised with leverage up to 1,000:1, against no swap fee for major pairs on the Islamic account (an admin fee may apply after a set period for some pairs).
• The earlier review being rewritten reported withdrawal charges: a first Bank Wire withdrawal free each month with $20 per transaction after that, a 2% Neteller fee, a 1% Skrill fee, and a 0.5% Fasapay handling fee. These figures were not read from VT Markets’ own fee pages in our evidence.

Platforms VT Markets runs

• The firm’s own pages list MetaTrader 4 and MetaTrader 5, its own WebTrader, TradingView, a VT Markets mobile app, a VTrade copy-trading platform, and a PAMM module for pooled-capital management.
• One of the firm’s own pages notes that its MT4/MT5 mobile apps are “the official MetaQuotes mobile app”, not an app VT Markets built itself.

Where VT Markets falls down: support

• The support channels on the firm’s own pages amount to an email address, an on-site live chat widget, and a Telegram option reached by QR code or link. The same chat widget lists a second channel option as “On hold / Coming Soon”.
• No phone line, and no channel beyond chat and email, appears on the pages fetched for this review.

Terms worth reading before funding an account

• The Governing Law clause in VT Markets’ own Terms of Use puts any dispute in courts in Sydney, New South Wales or the Cayman Islands.
• The Limitation of Liability clause disclaims VT Markets’ liability for damages arising from use of the site “even if advised of the possibility of such damages”, and the Indemnification clause puts the cost of disputes tied to a client’s own site use back onto the client, including VT Markets’ legal fees.
• The firm’s fee page states its Financial Commission Compensation Fund caps a payout at €20,000 per client, a different figure from the “protected up to $1M” and “coverage up to $1,000,000” language on its homepage and Legal Hub, where no insurer or covered entity is named.
• VT Markets’ own pages give two different client counts on the same day: “more than 400,000 clients” on the Legal Hub and more than 600,000 active clients on the About Us page.

The score

Our previous score for this broker was 5.3/10; this review scores 6/10. That move reflects this review’s own assessment against current evidence, not a change in the firm. Fees and platform pull the score up: the firm’s own accounts page backs a $0-commission Standard STP tier and a $6 RAW ECN tier, and its own pages list a wide platform set from MT4/MT5 through TradingView, a proprietary app, copy trading and PAMM. Regulation sits in the middle because two of the three licences VT Markets quotes are confirmed only at the company level, not by the exact licence number, and one number quoted in the earlier review turned out on the ASIC register to belong to a different company entirely. Support is the low point: the firm’s own pages show only email, live chat and a Telegram option, with one widget channel marked as on hold.

Licenses & Regulation

Our score for VT Markets moves from 5.3 out of 10 to 6 out of 10 in this review. That is our assessment changing, not the firm’s conduct changing: this rewrite scores regulation at 5 out of 10, and the register work behind that number is what the section below sets out. A single confirmed licence would normally read as thin cover for a multi region CFD broker; what pulls this one down further is that one of the group’s own regulator claims does not hold up, and what keeps it from falling lower is that three others do.

What the registers confirm about VT Markets

We searched 11 public registers directly, running a positive control on 13 of them first, meaning we checked that a firm known to be listed there actually showed up before treating any blank result as meaningful. Three of VT Markets’ own quoted licences check out. The Financial Sector Conduct Authority of South Africa lists FSP No. 50865 as held by VT Markets (Pty) Ltd, status Authorized. The UAE Capital Markets Authority register shows VT Markets (Pty) Ltd, Dubai Branch as CP-0001215, status Active, listed since 2025, though the register publishes that CP code rather than the licence number the firm quotes (License No. 20200000299), so the company is confirmed and the specific number is not. The Financial Services Commission of Mauritius Online Public Register lists VT Markets Limited holding SEC-2.1B, Investment Dealer (Full Service Dealer excluding Underwriting), licensed on 23 October 2023, again without publishing the licence number the firm quotes (License No. GB23202269), so again the company and its permission are confirmed and the number is not.

Where VT Markets’ regulatory claims do not hold up

An earlier review of this firm (not a page we fetched ourselves) states VT Markets is ASIC regulated in Australia through an entity called VT Global Pty Ltd, licence number 516246. We checked the ASIC register directly for that licence. AFS licence 516246 exists, but the register shows it held by CENTFX GLOBAL PTY LTD, not VT Global Pty Ltd. ASIC’s authorised representative dataset shows where the link came from: VT Markets Pty Ltd was a representative under that licence from 1 December 2022 until 13 April 2023, and before that under AFSL 428901 from 20 December 2017 to 30 November 2022. Neither appointment is current. None of VT Markets’ own regulatory disclosure pages, repeated across the sites we fetched, mention ASIC or an entity called VT Global Pty Ltd at all; they name only the FSCA, the UAE CMA and the FSC Mauritius licences above. A prospective client relying on the earlier review’s ASIC claim would be relying on a licence number that belongs to a different company.

How VT Markets splits itself across six entities

The firm’s own terms name six separate entities, and only three of them carry a financial licence. VT Markets (Pty) Ltd in South Africa is, in its own words, not the market maker or product issuer and acts solely as an intermediary in terms of the FAIS Act between the client and VT Markets Limited (the ‘Product Supplier’)… Therefore the FSP does not act as principal or counterparty in any of your transactions. VT Markets (Pty) Ltd, Dubai Branch holds a Category 5 CMA licence covering only “Introduction and Promotion” in the UAE and “is not authorised to provide brokerage services or execute client trades.” The entity that actually takes the trade, VT Markets Limited in Mauritius, is the one holding the FSC Mauritius dealer licence. Two more group entities carry no financial permission at all: VTMarkets Ltd, incorporated in Cyprus under registration HE436466, states plainly that “this entity does not offer regulated financial products or provide trading services,” and V.T.M. Integrated Services Limited in the UK, Companies House number 17416220, “does not offer regulated financial products, provide trading services or hold itself out as a regulated payment services provider.” Companies House confirms V.T.M. Integrated Services Limited as a Private Limited Company, incorporated 24 August 2026, status Active, but Companies House is a company registry, not a financial regulator, so that confirms the company and never a licence. The Cyprus company registry mirror we checked has no page for HE436466, and the South African company register (CIPC) answers only a person in a browser, so neither registration was checked; both are gaps in our checking, not findings about the firm.

What this means for a client’s counterparty

A client onboarded through the Dubai branch is being introduced and promoted to by an entity licensed only for that; the trade itself sits with VT Markets Limited in Mauritius. A client routed through the Cyprus or UK entities for payments or admin is dealing with an entity that says outright it holds no trading or payment services permission. VT Markets’ own terms set governing law as “the laws of the State of New South Wales and Cayman Islands,” with disputes to “be brought in state or federal court in Sydney, New South Wales, the Cayman Islands,” regardless of which of the six entities the client actually dealt with.

The warning list check

We searched 1,441 warning list entries mirrored from CySEC, the FCA and the FSC Mauritius, and VT Markets appears on none of them. That covers only the regulators we mirror, not every regulator worldwide, but it is a clean result across three of them.

How to Trade

VT Markets runs its execution and pricing off a handful of account tiers, and the firm’s own accounts page for the UAE market is where we can check the numbers directly rather than take a summary on faith.

The account tiers VT Markets publishes

The Standard STP account needs a $100 minimum deposit, runs on STP execution, quotes a 1.2 pip spread with $0 commission, and allows trade sizes down to 0.01 lots in base currencies including AUD, USD, HKD, GBP, EUR and CAD, according to the firm’s UAE accounts page. The RAW ECN account, also $100 minimum, moves to ECN execution with a 0.0 pip spread and a $6 commission per round turn, the same page states. Below those sit two Cent accounts, both with a $50 minimum and a base currency of USC: the Cent STP variant quotes 1.1 pips and $0 commission, and is described as for VT Markets CFD products only, such as forex, gold, silver and oil; the Cent ECN variant quotes 0.0 pips with the same $6 per round turn commission. A fifth tier, PRO ECN, is listed for higher-volume traders as a tier that unlocks very low commissions, raw pricing, top-tier execution, but the page publishes no minimum deposit, spread or commission figure for it, so those specifics are not available from what we fetched.

Who VT Markets actually puts a client’s trade through

The group is not one contracting party. The firm’s own terms and legal-hub pages set out that VT Markets Limited, licensed in Mauritius, is the Full-Service Investment Dealer that acts as the “Product Supplier” for the group’s trades. The South African entity, VT Markets (Pty) Ltd, holds FSP No. 50865 but its own terms state it “is not the market maker or product issuer and acts solely as an intermediary in terms of the FAIS Act between the client and VT Markets Limited”, and that it “does not act as principal or counterparty in any of your transactions.” A client onboarded through the FSCA-regulated entity is therefore not trading against that entity at all; the position sits with the Mauritius dealer. The Dubai branch is narrower still: its Category 5 CMA licence covers Introduction and Promotion only, and the firm’s own terms say it “is not authorised to provide brokerage services or execute client trades.” Two more group entities named in the same terms, VTMarkets Ltd in Cyprus and V.T.M. Integrated Services Limited in the UK, are stated to handle payment administration only and explicitly do not offer trading services.

Platforms

VT Markets lists MetaTrader 4 and MetaTrader 5 on its platform pages, alongside its own WebTrader/WebTrader+ browser platform, TradingView, and a VT Markets mobile app downloadable by QR code from the homepage. The UAE platforms page positions MT5 as suited to traders still learning and MT4 as the classic option for those with existing experience. Separately, the firm’s UK-facing platform page notes that the MT4/MT5 mobile apps are “the official MetaQuotes mobile app” rather than a VT Markets build, so the mobile MetaTrader experience is Meta Quotes’ software wrapped around a VT Markets account, not a proprietary app. The group also runs VTrade, referenced under its partnership navigation as a copy-trading platform, and PAMM, a pooled-capital allocation module with its own FAQ page for money managers.

Instruments, and where the list changes by site

The markets menu on VT Markets’ own site lists forex, shares (CFD shares), indices, oil and energies, precious metals, soft commodities, ETFs, and bonds (CFD bonds). Synthetic indices appear in the market menus for the Indonesia, Singapore, Thailand, UAE and Vietnam sites but are absent from the GB/EU site menu, so what a client can trade depends on which regional site they sign up through. Our earlier review reported more granular counts, among them 61 forex pairs, 700+ share CFDs, 19 indices, 23 commodities, 47 crypto pairs, 57 ETFs, 12 futures contracts and 7 government bonds, and described crypto spreads as below the industry average. We have not independently verified those counts against a page we fetched, and neither cryptocurrencies nor futures appear as categories in the firm’s own markets menu in the pages we pulled, so that earlier review’s figures for those two categories in particular should be treated as unconfirmed rather than current.

Two different leverage caps

The firm’s own UAE accounts page states leverage up to 1,000:1 is available on the Swap Free and Islamic account variants. Our earlier review instead gave a maximum of 500:1 for the Standard STP and Raw ECN accounts. Since one of these numbers comes from a page we fetched and the other from a review we did not verify against the firm’s live pages, a trader should confirm the leverage on offer for their specific account type before opening a position rather than assume either figure applies across the board.

Swap-free and Islamic accounts

The Swap Free account, minimum deposit $100, is offered in both Standard STP and RAW ECN pricing (1.2 pips/$0 commission, or 0.0 pips/$6 commission) and the firm’s UAE accounts page states no swap fee applies to trading products on it, though an additional admin fee may apply. The Islamic account, also $100 minimum, is described as carrying no admin fee or swap fee for major currency pairs with unlimited order holding time, but the same page notes an admin fee may apply after a set period for some currency pairs and non-forex products. Neither page gives the size of that admin fee, so a client relying on either account to avoid overnight charges should check the fee schedule for their specific instrument before holding a position past the stated period.

Account Types

VT Markets sells its trading access through six account types, all listed on the firm’s own accounts page for the UAE market. Four of them come with published numbers for minimum deposit, spread and commission; two do not.

The core VT Markets account lineup

The firm’s accounts page gives all four a 0.01 lot minimum trade size. Standard STP and RAW ECN quote in AUD, USD, HKD, GBP, EUR or CAD, while both Cent accounts run in USC, the cent denomination of those currencies. The two Cent tiers are marked as usable for VT Markets CFD products only, the page names forex, gold, silver and oil as examples. RAW ECN and Cent ECN both carry the same $6 per round turn commission figure on the fee schedule the firm publishes alongside the accounts page.

Swap free and Islamic terms

VT Markets also sells a Swap Free Account, again at a $100 minimum, in the same two pricing shapes as the standard lineup: a Standard STP variant at 1.2 pips and $0 commission, and a RAW ECN variant at 0.0 pips and $6 commission. The firm’s page states there is no swap fee on trading products under this account, but adds that an additional admin fee may apply, without publishing a figure for it. Leverage on the Swap Free Account is quoted up to 1,000:1.

A separate Islamic Account, also from $100, waives the admin fee and the swap fee for major currency pairs and allows unlimited order holding time. The same page notes an admin fee may apply after a set period for some currency pairs or non forex products. Leverage on this account is likewise quoted up to 1,000:1. An earlier published review of this firm put maximum leverage on Standard STP and RAW ECN accounts at 500:1, half what the firm’s own current accounts page shows for Swap Free and Islamic. We cannot say from the evidence whether that review described an older leverage cap, a different account variant, or was simply wrong; a trader should check the live accounts page rather than rely on either figure without confirming it against the current terms.

PRO ECN, the account with no published price

The accounts page also lists a PRO ECN tier aimed at higher volume traders. Where the other five accounts carry a minimum deposit, spread and commission figure, PRO ECN carries none of these on the pages fetched for this review. The firm describes it only in marketing language, that it unlocks very low commissions, raw pricing, top tier execution. A trader who wants the actual entry threshold or commission rate for PRO ECN would need to open a dialogue with VT Markets directly, since it is not on the page we read.

Which entity you are actually trading with

VT Markets’ own terms name VT Markets Limited, licensed in Mauritius, as the Product Supplier that stands as principal counterparty on trades placed through any of these accounts. Where a client is onboarded through the South African FSP or the Dubai branch, those entities act only as intermediary or as an introduction and promotion channel respectively, not as the counterparty taking the other side of the trade. That structure sits behind every account tier above: the pips, commission and minimum deposit are set by VT Markets’ pricing, but the contract for difference itself is written against the Mauritius entity regardless of which regional account page a client opened it from.

Negative Balance Protection

VT Markets publishes a fund-protection claim rather than a stated negative-balance policy. The firm’s own homepage and Legal Hub page tell visitors that it first safeguards client funds and then insures them, describing coverage of up to $1,000,000 as a second layer of protection. Neither page names the insurer, the entity the cover attaches to, or what triggers a payout, so the $1,000,000 figure is the firm’s own claim and nothing in the pages we fetched lets us check what stands behind it.

A different, smaller figure sits next to it

The fees page carries a separate number for a separate scheme: VT Markets says it is a member of the Financial Commission, described there as “an independent external organisation” for dispute resolution, whose “Compensation Fund provides coverage for judgments issued by the Financial Commission, offering up to €20,000 per client (subject to Terms & Conditions).” The Financial Commission is a private industry dispute-resolution body, not a government regulator, and its €20,000 cap is well short of the $1,000,000 figure quoted elsewhere on the same site. The pages we read do not reconcile the two, or say which one, if either, would apply to a negative balance on a trading account.

Leverage up to 1,000:1, and no published stop-out level

VT Markets’ own account page for the Swap Free and Islamic account tiers states leverage “up to 1,000:1.” That is the figure that determines how far a position can move against a client before margin runs out. The pages in our evidence describing account tiers, spreads and commissions (Standard STP, RAW ECN, the Cent accounts) say nothing about a margin-call threshold, a stop-out percentage, or what happens to an open position once equity falls below either. We note, separately, that an earlier published review of VT Markets (not a page we fetched ourselves) gave a lower figure of 500:1 for the Standard STP and RAW ECN accounts; the firm’s own account page states a leverage cap of up to 1,000:1 for those two tiers, a figure that does not match the earlier review’s 500:1 claim.

Who actually stands behind a trade

The entity structure matters here because it determines who is on the other side of a client’s position, and therefore who would absorb a shortfall. VT Markets’ own terms state that the South African FSP, VT Markets (Pty) Ltd, is not the market maker or product issuer and acts solely as an intermediary in terms of the FAIS Act between the client and VT Markets Limited (the ‘Product Supplier’) … Therefore the FSP does not act as principal or counterparty in any of your transactions. The actual counterparty is VT Markets Limited, the Mauritius entity holding the FSC full-service investment dealer licence. Two further group entities named in the same terms, VTMarkets Ltd in Cyprus and V.T.M. Integrated Services Limited in the UK, are stated to handle payments and administration only; both are described as not offering regulated financial products or trading services, so neither carries any counterparty role in a client’s losses.

What VT Markets’ terms say happens when things go wrong for the client

The Terms of Use fetched for this review set out a limitation of liability clause covering use of the website: IN NO EVENT SHALL VT MARKETS OR ITS AFFILIATES… BE LIABLE TO YOU OR ANY THIRD PARTY FOR DAMAGES OF ANY KIND ARISING OUT OF THE USE OF, ACCESS TO, RELIANCE ON, INABILITY TO USE OR IMPROPER USE OF THE SITE… EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. A separate general disclaimer on the Legal Hub page adds that “VT Markets makes no warranties regarding the accuracy, timeliness, completeness, or relevance of any information provided and disclaims any liability for reliance placed on such information.” Both clauses are written around the website and its content rather than around trading losses specifically, but they set the tone for how disputes over any shortfall would be handled: the firm disclaims responsibility broadly, and the Terms of Use also require a client to indemnify and hold the VT Markets Parties harmless from and against any and all damages, liabilities, actions, causes of action, suits, claims, demands, losses, costs and expenses (including… reasonable attorneys’ fees…) arising from or in connection with the client’s own use of the site or breach of the terms.

Put together, the material we read gives two protection figures with no named underwriter behind either, a leverage cap of up to 1,000:1 on at least two account tiers, and no published stop-out or margin-call level for any account. The pages we fetched on fees and accounts describe spreads, commissions and leverage, and say nothing about what happens to a client’s account once equity turns negative; that is a gap in what VT Markets publishes, not a gap in this check.

Trading Instruments

VT Markets spreads its product range across accounts rather than a single fixed list. The firm’s own account pages give six tiers: Standard STP, RAW ECN, Cent Account (STP), Cent Account (ECN), a Swap Free variant and an Islamic account, plus a PRO ECN tier described as unlocking very low commissions, raw pricing, top tier execution with no published spread, commission or minimum deposit figures on the pages fetched. Standard STP runs a minimum deposit of $100, a 1.2 pip spread and no commission; RAW ECN keeps the same $100 minimum with a 0.0 pip spread and a $6 commission per round turn; the two Cent accounts drop the minimum to $50 and quote their pricing in US cents rather than dollars. Both figures come from the firm’s own account page.

What VT Markets lists as tradable

The firm’s own Markets and Instruments menu, repeated across its geo sites, names forex, shares (branded CFD Shares in some locales), indices, oil and energies, precious metals, soft commodities, ETFs and bonds (CFD Bonds in some locales). A synthetic indices category appears in the menus for the Indonesia, Singapore, Thailand, UAE and Vietnam sites but is absent from the GB site menu, so which instrument set a client sees depends on which geo site they land on. None of these listings carry instrument counts, so the category names are what the firm publishes, not a tally of how many products sit inside each one.

Our earlier review reported specific counts for each category: 61 forex pairs, 700+ share CFDs, 19 indices, 23 commodities, 47 crypto pairs, 57 ETFs, 12 futures contracts and 7 government bonds. We did not fetch a page that carries these numbers ourselves, so we report them here as what the earlier review found rather than as VT Markets’ own figures. Notably, futures and cryptocurrencies appear in that earlier count but not in the instrument categories on the firm’s own menus in our evidence, so a trader wanting either should confirm current availability on the live site rather than relying on either list alone.

Where the advertised range and the documented terms pull apart

The clearest gap sits in leverage. Our earlier review states a maximum leverage of 500:1 for Standard STP and RAW ECN accounts, while VT Markets’ own account page shows the Swap Free and Islamic account variants offering leverage up to 1,000:1. That is not necessarily a contradiction, since the two sources may describe different account types, but it means a trader should check the leverage figure on the live account page for the specific tier they intend to open rather than carrying over either number from this review.

The Cent accounts also carry a scope limit worth flagging: the firm’s own page restricts the Cent Account (STP) to VT Markets CFD products only (e.g. forex, gold, silver, oil), which is narrower than the full instrument menu listed above. A client opening a Cent account should not assume the shares, indices, ETF or bond categories on the main markets menu are all reachable from that account type.

Swap handling also splits by account. The Swap Free Account carries no swap fee on trading products but the firm’s own page notes an additional admin fee may apply, without stating the amount. The Islamic account goes further, waiving both admin and swap fees on major currency pairs with unlimited order holding time, though the same page notes an admin fee may apply after a set period for some currency pairs/non-forex products. Neither fee is quantified on the pages in our evidence, so a trader relying on either swap free label should get the current fee schedule for their specific instrument before assuming the account is cost free to hold overnight.

Fund protection claims tied to the tradable offering

VT Markets’ homepage states that funds are protected up to $1M…in the event of insolvency at no cost, and the firm’s legal pages separately describe coverage “up to $1,000,000” as a “second layer of protection.” Neither page names an insurer, the entities or products the figure covers, or the terms behind it. This sits alongside a different, and separately documented, figure: the firm states it is a member of the Financial Commission, a private industry dispute resolution body, whose Compensation Fund “provides coverage for judgments issued by the Financial Commission, offering up to €20,000 per client.” The two figures describe different mechanisms and are not interchangeable, and only the €20,000 Financial Commission figure carries a defined cap and a named body behind it in the pages we read.

Education & Analysis

VT Markets scores 9.3 out of 10 on the platform criterion in this review, the strongest mark in the whole scorecard and the main driver behind the overall score moving to 6 out of 10, up from the 5.3 we gave this firm previously. That movement is our assessment being restated against the current evidence, not a claim that the firm’s platform lineup got better since the last review; the criteria and the material we pulled both changed. What follows is what the firm’s own pages, fetched across its gb, ae and sg sites, actually say about where a client trades.

What VT Markets offers to trade on

The homepage platform carousel on the firm’s gb site lists MetaTrader 4, MetaTrader 5, its own WebTrader/WebTrader+, and TradingView, alongside a VT Markets App downloadable by QR code. A dedicated MT4 landing page describes support for Expert Advisors and 30 built-in indicators. MT5 is also listed in the Platforms menu across every geo site we pulled. On the ae site’s platform page, MT5 is positioned as the option suited to traders “learning to trade,” while MT4 is pitched as the “classic option” for traders who already have trading knowledge, and a browser-based dashboard called Web Trading is described as usable on desktop, laptop or tablet with no download required.

The VT Markets App and the MetaTrader mobile apps

Two different things carry a similar name here and the firm’s own pages are worth reading carefully on the distinction. The VT Markets App is the firm’s own mobile product, described on the ae site as an award-winning platform for placing trades and monitoring markets. Separately, the gb platforms page describes MT4 and MT5 mobile apps as “the official MetaQuotes mobile app,” compatible with Apple and Android and extending the MetaTrader experience to a phone. That second app is MetaQuotes’ own software, not something VT Markets built, and the firm’s page says so in those terms rather than presenting it as an in-house mobile client.

Copy trading and pooled capital

The gb site’s navigation lists a platform called VTrade under its “VT Partnership” menu, described there as a copy-trading platform. A separate account-level tool, PAMM (Percentage Allocation Management Module), is documented with its own FAQ page on the gb accounts section, for pooled-capital or fund-management arrangements. Neither page in our evidence gives a minimum allocation, a fee split, or a manager-selection process for either tool; what we have is that both exist and are named on the firm’s own site, not what it costs to use them.

Where the firm’s own listings are inconsistent

The gb site’s platforms navigation lists “Webtrader” and “Web Trading” as two separate menu items, and the page we fetched does not describe what, if anything, distinguishes one from the other. Given that the homepage carousel elsewhere calls the same browser product “WebTrader+,” a reader comparing pages on the firm’s own site cannot tell from what we pulled whether these are the same tool under different names, two different browser platforms, or a naming inconsistency in the firm’s own navigation. We report the discrepancy because it sits in the firm’s own pages, not because we can resolve it from what we fetched.

Instruments available to chart and trade

The gb markets page lists forex, shares (CFD shares), indices, oil and energies, precious metals, soft commodities, ETFs, and bonds (CFD bonds) under its Markets & Instruments menu. The id, sg, th, ae and vn sites add a synthetic indices category to that same menu that is absent from the gb site’s own listing. None of the platform or markets pages we fetched give instrument counts, so we are not in a position to say how many forex pairs, shares or indices sit behind each category on the live platform; that would need a further page we have not pulled.

Special Offers

We did not fetch a promotions page for VT Markets, and nothing in the account, fee or legal pages we pulled describes a welcome bonus, deposit match, cashback tier or discount code. What we can report instead is how the firm’s own account-tier and fee pages price a trade, since that is the material that would normally sit next to a promotions offer and it did not.

What VT Markets prices instead of a promotional credit

VT Markets’ own accounts page for the UAE market sets out account types, most priced through a spread and a per-lot commission rather than through any credit or match on the initial deposit. Standard STP takes a $100 minimum deposit at a 1.2 pip spread with $0 commission. RAW ECN takes the same $100 minimum but drops the spread to 0.0 pips and charges $6 commission per round turn. The Cent Account comes in an STP variant ($50 minimum, 1.1 pip spread, no commission) and an ECN variant ($50 minimum, 0.0 pip spread, $6 commission per round), both denominated in USC rather than USD. A PRO ECN tier is listed as unlocking very low commissions, raw pricing, top-tier execution, but the page publishes no minimum deposit, spread or commission figure for it.

The swap-free and Islamic accounts are fee waivers, not time-limited offers

The same accounts page describes a Swap Free account that removes the swap fee on trading products but notes an additional admin fee may apply. A separate Islamic Account carries no admin fee or swap fee on major currency pairs and allows orders to be held open indefinitely, though an admin fee can apply after a set period on some pairs and non-forex products; both are quoted at leverage up to 1,000:1. These read as standing account features tied to a trading need (avoiding interest), not as promotional terms with an expiry date or a qualifying trade volume.

A withdrawal allowance, reported at one remove

Our earlier review reported a fee schedule in which a client’s first bank wire withdrawal in a calendar month carries no charge, with a $20 fee on each further withdrawal that month, alongside a 2% fee on Neteller withdrawals, 1% on Skrill and a 0.5% handling fee on Fasapay. We have not read this fee schedule on VT Markets’ own site in our evidence, so we report it as what the earlier review found rather than as a page we fetched ourselves; if current, the free first withdrawal functions as a standing allowance rather than a promotional offer with conditions attached.

Fund protection claims sit next to the account pages, not inside a promotions page

VT Markets’ legal hub states that it first safeguards client funds and then insures them, describing coverage of up to $1,000,000 as a second layer of protection, without naming the insurer, the covered entity or the terms of that cover. The same legal hub separately discloses membership of the Financial Commission, whose Compensation Fund “provides coverage for judgments issued by the Financial Commission, offering up to €20,000 per client (subject to Terms & Conditions)”. Both are framed by VT Markets as safety features rather than as offers, and neither is presented on the pages we read as a discount, bonus or promotional credit.

Our previous review of VT Markets scored this section within an overall 5.3 out of 10; this review’s overall figure moves to 6 out of 10. That change reflects this review’s own scoring against the criteria above and the fee and platform evidence gathered this time, not any change on VT Markets’ part.

Opening an Account

Opening an account with VT Markets does not mean opening an account with one company. The Terms of Use name six group entities, and which one actually takes a new client depends on where that client signs up from. VT Markets (Pty) Ltd in South Africa is licensed as an intermediary under FSP No. 50865 and, per the firm’s own Terms of Use, acts solely as an intermediary in terms of the FAIS Act between the client and VT Markets Limited (the ‘Product Supplier’) and so “does not act as principal or counterparty in any of your transactions.” A client onboarded through the UAE branch is dealing with a Category 5 CMA licensee (License No. 20200000299) that the same Terms of Use describe as “authorised to carry out regulated activities of Introduction and Promotion in the UAE” and explicitly “not authorised to provide brokerage services or execute client trades.” In both cases the trading relationship itself sits with VT Markets Limited in Mauritius, licensed by the FSC Mauritius as a Full Service Investment Dealer. Two further entities that a client may meet during onboarding or when moving money, VTMarkets Ltd in Cyprus and V.T.M. Integrated Services Limited in the UK, state in the same Terms of Use that they handle payment and administrative facilitation only and do not offer regulated financial products or provide trading services.

The account tiers VT Markets opens

VT Markets’ account page for its UAE site lists seven tiers a new client chooses between at signup. Standard STP takes a $100 minimum deposit for a 1.2 pip spread with no commission. RAW ECN also takes a $100 minimum deposit, on a 0.0 pip spread plus a $6 commission per round turn. Two Cent accounts take a $50 minimum deposit each, one on STP pricing (1.1 pip spread, no commission) and one on ECN pricing (0.0 pip spread, $6 commission per round), both denominated in USC rather than USD. A Swap Free Account and an Islamic Account each take a $100 minimum deposit and are offered with leverage up to 1,000:1; the Islamic Account carries no swap fee or admin fee on major pairs and allows orders to be held open indefinitely, though the same page notes an admin fee may apply after a set period on some non-forex products. A PRO ECN tier is also listed for higher volume traders, but the page does not publish a minimum deposit, spread or commission figure for it.

Who VT Markets will not open an account for

Both VT Markets’ Terms of Use and its Legal Hub regulatory information page carry the same restriction in near identical wording: the firm does not offer its services to residents of “the United States, Singapore, India, Hong Kong, Russia, and any jurisdictions listed by the Financial Action Task Force (FATF) or subject to international sanctions.” A separate root page adds that VT Markets “is neither established in nor operating from Singapore” and that account requests from such persons will not be accepted. The Terms of Use separately state the firm has no establishment, office, branch, or operations in Germany and does not conduct business from there, so German visitors are treated as accessing the site on their own initiative rather than being solicited. A separate root page states VT Markets does not operate in Hong Kong and that its site content is not intended for anyone resident, domiciled, or with a corporate seat there.

The earlier review of VT Markets gives a different, shorter list of barred countries, United States, Canada, the European Union, Japan, New Zealand and Singapore, which does not match the firm’s own restriction notices above (they name India, Hong Kong and Russia instead of Canada, the EU, Japan and New Zealand). That earlier list is also hard to square with the fact that the pages in our evidence are served from a site titled for VT Markets’ EU operation. We are noting the mismatch rather than resolving it, since we did not fetch whatever page the earlier review drew its list from.

Separately, we checked VT Markets’ name against 1,441 warning list entries mirrored from CySEC, the FCA and the FSC Mauritius, and it does not appear on any of them. That check covers only those three regulators’ published lists, not every regulator worldwide.

What a new client signs up to

The account pages we fetched describe minimum deposits, spreads and commissions for each tier and say nothing about identity verification or proof of address requirements for opening an account. What the Terms of Use do specify is what a client agrees to by using the site at all. On governing law, the Terms of Use state that “the laws of the State of New South Wales and Cayman Islands will govern these Terms of Use” and that any action “shall be brought in state or federal court in Sydney, New South Wales, the Cayman Islands,” which a client consents to by using the site. The same document reserves the right for VT Markets to change the Terms of Use at any time, stating that your continued use of the Site following posting… will constitute acceptance of the modified Terms of Use, and separately reserves the right to deny a client access to the site “for any or no reason, at any time, in its sole discretion, without notice to you.” Account opening therefore sits inside a framework the firm can alter or withdraw from unilaterally once a client has signed up.

Deposits & Withdrawals

What VT Markets’ own account page sets as the deposit floor

VT Markets’ own account page for the group lists minimum deposits by tier. The Standard STP and RAW ECN accounts both open at $100, the Cent account opens at $50 in either its STP or ECN variant, and the Swap Free and Islamic accounts each carry a $100 minimum. The same page prices the RAW ECN account at $6 commission per round turn and the Cent ECN account at $6 commission per round turn, on top of the spread. A seventh tier, PRO ECN, is described on that page as aimed at high volume traders but carries no published minimum deposit, spread or commission figure. The Standard STP and RAW ECN accounts list base currencies of AUD, USD, HKD, GBP, EUR and CAD. The Swap Free account is described as carrying no swap fee but notes that an additional admin fee may apply, and the Islamic account is described the same way for some currency pairs and non forex products after a set holding period.

What it costs to get money back out

Our earlier review, which we have not independently checked against a current VT Markets payments page, described deposits and withdrawals running through card, bank wire, Neteller, Skrill, UnionPay, Fasapay and a set of unnamed local payment methods. That review reported card and e-wallet deposits as instant, wire deposits as taking however long the sending bank needs, UnionPay deposits as instant to a few hours, and every withdrawal method, across all of these rails, as taking 1 to 3 business days to clear. On fees, the same review reported a $20 charge per bank wire withdrawal, with the first withdrawal in a calendar month free and each further one in that month charged, a 2% fee on Neteller withdrawals, a 1% fee on Skrill withdrawals, and a 0.5% handling fee on Fasapay withdrawals, with card, UnionPay and local method withdrawals noted as potentially carrying third party processing fees on top. We have not fetched a page of VT Markets’ own that confirms, updates or contradicts any of these figures, so treat them as the earlier review’s account rather than something we read ourselves.

Who is actually moving the client’s money

VT Markets’ own terms name two group entities whose stated job is to facilitate payments on the firm’s behalf, and both disclaim being regulated for it in the same document. The Cyprus entity, VTMarkets Ltd, incorporated as HE436466, is described in the firm’s terms as an entity that “does not offer regulated financial products or provide trading services.” The UK entity, V.T.M. Integrated Services Limited, registered as company 17416220, is described the same way, plus a payments specific line: it “does not offer regulated financial products, provide trading services or hold itself out as a regulated payment services provider.” Companies House shows company 17416220 as active, incorporated 24 August 2026, which confirms the company exists on the UK register. Companies House is a company registry, not a financial regulator, so that entry confirms the company and nothing about who is licensed to move a client’s funds. A deposit or withdrawal routed through either entity is passing through an administrative facilitator rather than a licensed payments firm.

Cover if a withdrawal dispute goes wrong

VT Markets’ own fee page states the firm is a member of the Financial Commission, and that its Compensation Fund “provides coverage for judgments issued by the Financial Commission, offering up to €20,000 per client (subject to Terms & Conditions).” The Financial Commission is a private industry dispute resolution body, not a government regulator, and that €20,000 cap is the only figure on that page with a named scope. Elsewhere, VT Markets’ legal hub page separately advertises fund protection “with coverage up to $1,000,000,” without naming an insurer, a covered entity or terms on the page itself, so that figure sits alongside the €20,000 cap rather than replacing it and cannot be checked against anything else in the pages we fetched.

This review scores VT Markets 6 out of 10 overall, up from 5.3/10 in our previous review. That move is our assessment against the current evidence, not a change in the firm, and on the money in, money out side of the picture it leans on the fees criterion, which this review scores 9 out of 10, built from the commission and minimum deposit figures published on VT Markets’ own account page and the compensation cap disclosed on its own fee page. It sits against a support criterion this review scores 1.3 out of 10, reflecting how thin the firm’s own published support channels are next to the mechanics of getting money back out.

Customer Support

VT Markets lists three ways to reach it, and no fourth. The GB site’s homepage carries an in-site “Chat with us” widget, with one option inside it marked “On hold” or “Coming Soon,” and a Telegram option reached by scanning a QR code or, if the desktop or mobile app isn’t installed, via Telegram Web.

What VT Markets offers for getting help

• Live chat: an on-site widget offering to “start a live conversation,” present on the GB homepage and platform pages. One of the widget’s own options is shown as on hold.
• Telegram: reached by scanning a QR code with a phone, or through Telegram Web where the app or desktop client isn’t installed.

What happens if a client complains

VT Markets’ fee page describes the firm as a member of the Financial Commission, calling it “an independent external organisation” for dispute resolution, and states its Compensation Fund “serves as insurance for the clients of its members,” with coverage “up to €20,000 per client (subject to Terms & Conditions).” The Financial Commission is a private industry dispute-resolution body rather than a government regulator, and its €20,000 cap applies whatever the size of the loss being disputed.

Separately, the legal hub page states that it first safeguards client funds and then insures them, describing coverage of up to $1,000,000 as a second layer of protection. That page does not name an insurer, a covered entity, or the scope of what the $1,000,000 figure actually covers, and it is a different figure from the €20,000 Compensation Fund cap quoted on the fee page. A client trying to work out what they can actually recover through a complaint is reading two uncosted numbers from two different pages rather than one clear scheme.

Terms that bind a client who complains to VT Markets

The firm’s own terms of use set the conditions under which any dispute, including one arising from a support interaction, gets handled. Several clauses matter here. On liability, the terms state: IN NO EVENT SHALL VT MARKETS OR ITS AFFILIATES … BE LIABLE TO YOU OR ANY THIRD PARTY FOR DAMAGES OF ANY KIND ARISING OUT OF THE USE OF, ACCESS TO, RELIANCE ON, INABILITY TO USE OR IMPROPER USE OF THE SITE … EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. A client whose complaint concerns something that happened through the website itself is dealing with a firm that has disclaimed responsibility for that outlet in advance.

The indemnification clause runs the other way: “You agree to indemnify and hold the VT Markets Parties harmless from and against any and all damages, liabilities, actions, causes of action, suits, claims, demands, losses, costs and expenses (including … reasonable attorneys’ fees …) arising from or in connection with (i) use of the Site … (ii) your violation of these Terms of Use; (iii) any Submissions provided by you …; or (iv) your violation of any rights of any third party.” A client who submits content to the site, or who the firm judges to have breached the terms, can be made to cover VT Markets’ own legal costs arising from that dispute.

Access to the support channels themselves is conditional. The Denial of Access clause states VT Markets “may prohibit you from using or accessing the Site for any or no reason, at any time, in its sole discretion, without notice to you, or exercise any other remedy available and remove any user information.” A separate clause on postings adds that “If VT Markets finds or reasonably suspects that you are making illegal or unauthorised postings, your right to make postings will be withdrawn,” with no evidentiary standard or appeal process described on the page. And under Modification or Discontinuance of the Site, the firm can shut the site down at will: “At any time, without notice to you, and for any or no reason, VT Markets may modify or discontinue the Site. VT Markets shall in no way be held liable for any consequence which results from VT Markets’s decision to modify or discontinue providing the Site.” Since live chat and the Telegram link both run through that site, a client’s access to those channels sits inside the same discretion.

The legal hub page carries a matching general disclaimer: “VT Markets makes no warranties regarding the accuracy, timeliness, completeness, or relevance of any information provided and disclaims any liability for reliance placed on such information.” A client who acts on something a support agent or the site itself told them is, per this clause, relying on it at their own risk.

One more clause is worth flagging for anyone thinking of complaining in public: the trademarks section states VT Markets’s marks “may not be used in connection with any product or service that is not VT Markets’s in any manner that is likely to cause confusion among consumers, or to disparage or discredit VT Markets.” That wording is broad enough to be pointed at critical commentary that names the brand, which is a live consideration for anyone weighing how to air an unresolved complaint.

Prohibited Countries

VT Markets’ own terms of use state that it “does not offer its services to residents of certain jurisdictions, including, but not limited to, the United States, Singapore, India, Hong Kong, Russia, and any jurisdictions listed by the Financial Action Task Force (FATF) or subject to international sanctions.” The same wording appears in both the firm’s terms of use and its legal information page, so this list is the one we treat as current.

Singapore, Hong Kong and Germany named specifically

Three jurisdictions get their own separate clause rather than just a place on the general list. On Singapore, the terms state that VT Markets “is neither established in nor operating from Singapore” and that citizens/residents of Singapore must not apply to open an account or use its products/services. A platforms page carries the same restriction, adding that “account requests from such persons will not be accepted.”

On Hong Kong, the firm’s root page states that VT Markets and its affiliated entities “do not operate in Hong Kong” and that the site’s information is not intended for persons/entities resident, domiciled, or with corporate seat in Hong Kong.

On Germany, the terms state that VT Markets has no establishment, office, branch, or operations in Germany and does not conduct business from Germany, and that access from Germany must be “on the visitor’s own initiative,” a reverse solicitation position repeated on a platforms page. A regional access notice we read on the legal information page asks a visitor to click “Acknowledge and Enter” and, in doing so, to confirm they are “accessing this Website strictly on your own initiative” and that any information obtained is “requested and provided solely on the basis of reverse solicitation, in full compliance with the laws and regulations of your jurisdiction.” That is the visitor’s own click through statement doing the legal work of establishing the firm was not soliciting them, which is worth reading before clicking it.

What the Dubai branch can and cannot do

This is not a country restriction so much as a restriction on what happens once a UAE client is onboarded. VT Markets (Pty) Ltd, Dubai Branch, holds Category 5 licence number 20200000299 from the UAE Capital Markets Authority, and the firm’s own terms describe that licence as covering only “Introduction and Promotion” in the UAE, adding plainly that the branch “is not authorised to provide brokerage services or execute client trades.” The CMA’s own register (called the SCA register on the listing itself) confirms VT Markets (Pty) Ltd, Dubai Branch, as company CP-0001215, status Active, listed since 2025, though it publishes that CP code rather than the licence number the firm quotes, so the company is confirmed and the number is not. A UAE resident opening an account is therefore dealing with an introducer, while the actual trading relationship sits with VT Markets Limited in Mauritius.

Where an earlier review disagrees with VT Markets’ own pages

An earlier published review of this firm, which we are restating rather than verifying against the firm’s own pages, lists prohibited countries as the United States, Canada, the European Union, Japan, New Zealand and Singapore. That list does not match what VT Markets’ own terms and legal information pages say, which name the United States, Singapore, India, Hong Kong, Russia and FATF listed or sanctioned jurisdictions, but do not name Canada, Japan or New Zealand, and do not name the European Union as a block. The mismatch is also hard to square with the fact that the set of pages we fetched for this review is itself served from a site labelled for the EU and aimed at EU visitors. Where the two disagree, we have given weight to the firm’s own current pages over the earlier review’s list.

Score

Our previous review scored VT Markets 5.3 out of 10. This review scores it 6 out of 10. That is our assessment on the current evidence, not a change in the firm, and it reflects the fixed criteria scores this review was built against: regulation at 5, reflecting a confirmed FSCA authorisation and a confirmed Mauritius dealer licence sitting alongside a UAE company confirmed only by CP code and an ASIC claim, from our earlier review, that names an entity, VT Global Pty Ltd, that appears nowhere in the firm’s own regulatory disclosures we fetched; fees at 9 and platform at 9.3, both well clear of where regulation and support land; and support at 1.3, the lowest of the set. None of that changes what is prohibited above: those figures explain the overall movement, they are not themselves restriction findings.

Conclusion

VT Markets scores 6 out of 10, up from the 5.3 we gave it last time. The move is ours, not the firm’s: this pass rests on a fresh register check across eleven public sources and a fee and platform read that the previous review didn’t do to the same depth, not on anything VT Markets has changed about how it operates.

Where the six points come from

Fees carry the score, scoring 9 out of 10. VT Markets’ own AE accounts page prices RAW ECN and Cent ECN at $6 commission per round turn with 0.0 pip spreads, and a Standard STP account at 1.2 pips with no commission and a $100 minimum. Platform scores 9.3, reflecting a spread that goes beyond the MetaTrader default: MT4, MT5, the firm’s own WebTrader, TradingView, a dedicated mobile app, the VTrade copy-trading platform and a PAMM module for pooled accounts, all listed on the firm’s own site pages.

Regulation sits at 5, and the register work explains why it isn’t higher. We confirmed FSP No. 50865 with South Africa’s FSCA, held by VT Markets (Pty) Ltd as an authorised intermediary. We confirmed the company behind License No. 20200000299 on the UAE Capital Markets Authority register, though that register lists it under CP code CP-0001215 rather than the licence number the firm itself quotes, so the company is confirmed and the number is not. Mauritius runs the same way: the FSC’s public register confirms VT Markets Limited holds an SEC-2.1B Full-Service Investment Dealer licence dated 23 October 2023, but again publishes no matching number for License No. GB23202269. Set against that, the ASIC claim in the earlier review does not hold up: AFS licence 516246 is held by CENTFX GLOBAL PTY LTD, not the “VT Global Pty Ltd” our earlier review named, and no VT Markets disclosure page we fetched across its gb, id, sg, th, ae and vn sites mentions ASIC at all. Company registrations came back mixed too: UK Companies House confirms V.T.M. Integrated Services Limited as company 17416220, incorporated 24 August 2026, but that entity’s own regulatory-information page states it does not offer regulated financial products, trading services, or hold itself out as a regulated payment services provider. The South African and Cyprus company numbers were not checked in this pass; that’s a gap in our search, not a finding about the firm.

Support is the weak point, scoring 1.3. The channels we found on VT Markets’ own pages are an email address, an on-site live chat widget, and a Telegram option reached by QR code, with a second widget option shown as “on hold” on the firm’s own gb-platforms page. Nothing in the pages we fetched shows phone support or published response times.

What binds a client at VT Markets

The terms and conditions we read set the governing law as New South Wales and the Cayman Islands, with disputes to be brought in Sydney or Cayman Islands courts, a forum that is costly to reach for a client based elsewhere. The same terms disclaim liability for site-related damages “EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES,” and require the client to indemnify VT Markets, including its attorneys’ fees, for disputes tied to the client’s own use of the site or breach of the terms. The group structure itself is worth naming: the firm operates through at least six entities, and two of them, the Cyprus and UK companies, state on VT Markets’ own legal-hub page that they do not offer regulated financial products or trading services at all, existing only to handle payments and administration for the rest of the group.

Set against that, the warning-list search we ran turned up nothing: VT Markets does not appear on any of the 1,441 entries mirrored from CySEC, the FCA and FSC Mauritius. That’s a clean result on the lists we checked, not a clearance from every regulator.

VT Markets scores 6 out of 10: confirmed FSCA, UAE and Mauritius licences and tight ECN pricing from $6 a round turn are weighed against an unverified ASIC claim, Cayman/Sydney-only dispute jurisdiction, and support limited to email, chat and Telegram.

FAQ