VT Markets offers MT4, MT5 and TradingView access with Raw ECN pricing at $6 per lot round turn. Clients on its international site contract with VT Markets Limited, an FSC Mauritius licensee.
Spreads from
1.2 pips
Commission
$6 per lot round-turn
Min deposit
$100
Established
2015
Regulated by
FSCA (South Africa) · CMA (UAE) · FSC Mauritius
Written byLaverlane Team·Updated12 Oct 2026
Researched with AI assistance and verified by our editors
Regulation
The broker holds licences in several jurisdictions, but international clients contract with its FSC Mauritius entity.
VT Markets Limited is authorised by the Financial Services Commission of Mauritius as a Full-Service Investment Dealer (excluding underwriting) under licence GB23202269, and its Key Facts Summary confirms that clients on the international website enter into their agreement with this entity. VT Markets (Pty) Ltd holds FSCA licence FSP 50865 in South Africa but acts only as an intermediary for VT Markets Limited, and the Dubai branch holds a UAE Capital Markets Authority licence limited to introduction and promotion.
This means international accounts sit under Tier-3 offshore oversight rather than a Tier-1 regulator. The broker is also a member of the Financial Commission, an independent dispute-resolution body, but no statutory investor compensation scheme applies to the Mauritius entity.
Several regulators have published warnings about VT Markets because it isn't authorised to offer its services in their jurisdictions. These include Quebec's Autorité des marchés financiers (February 2026), Hong Kong's Securities and Futures Commission (July 2026), Italy's CONSOB (May 2025) and the Danish Financial Supervisory Authority. Before you open an account, check your own regulator's register and warning list to confirm VT Markets can serve clients where you live.
Key facts
The broker has offered CFD trading since 2015 through a group of regional entities. Default leverage is 500:1, rising to 2000:1 in eligible countries.
Client-facing entity
VT Markets Limited
Regulators
FSCA (South Africa), CMA (UAE), FSC Mauritius
Restricted countries
US, SG, IN, HK, RU
Minimum deposit
$100
Max leverage (offshore entity)
1:500
Max leverage (offshore entity)
1:2000
Typical EUR/USD spread
0.1 pips
Platforms
MT4, MT5, TradingView, Proprietary, WebTrader
Account currencies
USD, EUR, GBP, AUD, CAD, HKD
As of October 2026, the broker says it has been operating since 2015 and reports more than 600,000 active clients, over 60 million trades and more than US$720 billion in monthly trading volume. Its product range covers more than 1,000 CFD instruments across forex, indices, commodities (metals, energies and softs), share CFDs, ETFs, bonds and cryptocurrencies.
Best for
Pros & cons
Fund safety
Client funds are segregated and insured privately, but no statutory compensation scheme applies.
VT Markets Limited holds client funds in segregated bank accounts separate from its operating funds, although the Client Agreement notes that client money may be pooled in the same account with a licensed third-party institution. Segregation doesn't fully protect client money from the risk of loss.
The broker adds client fund insurance arranged by Willis Towers Watson and underwritten by syndicates at Lloyd's of London, covering up to US$1,000,000 per account in the event of broker insolvency. Financial Commission membership adds a Compensation Fund of up to €20,000 per client for judgements the Commission issues. Neither arrangement is a statutory scheme like the UK's Financial Services Compensation Scheme (FSCS).
Account terms
The broker publishes its Client Agreement and policies for the Mauritius entity before you sign up.
The Client Agreement, Key Facts Summary, Risk Disclosure Notice, Best Execution Policy and Conflicts of Interest Policy for VT Markets Limited are available on its Legal Hub. The help centre doesn't describe an inactivity fee; instead, MT4 and MT5 accounts with no activity for 90 days and a low balance are archived automatically.
The Client Agreement gives the broker broad discretion to close positions, refuse orders and adjust margin requirements. Its negative balance clause states that it may credit a negative balance caused by a market gap at its discretion, for private clients only, with exclusions for abnormal market conditions.
Costs
Costs depend on the account: spread-only on Standard STP, or raw spreads plus commission on Raw ECN.
The Standard STP account is commission-free, with spreads from 1.2 pips on the account comparison page, although the account's own FAQ quotes from 1.4 pips. The Raw ECN account offers spreads from 0.0 pips with a $6 per lot round-turn commission, and the eligibility-based Pro ECN account lowers forex and gold commission to $2–$4 round turn depending on base currency. VT Markets doesn't publish typical spreads, so you can't compare its average trading costs before opening an account.
There are no deposit fees. Share CFD trades can carry transaction fees, such as $6 per US share CFD trade, and overnight swaps apply unless you use a swap-free account, which may charge an administration fee instead.
| Instrument | Asset class | Typical spread | Unit |
|---|---|---|---|
| EUR/USD | Forex CFD | 0.1 | pips |
| GBP/USD | Forex CFD | 0.2 | pips |
Spreads shown are typical, not guaranteed, and widen during volatile sessions or outside main market hours. Figures reflect the broker's standard retail account.
Markets
The broker lists more than 1,000 CFDs across seven asset classes: forex, indices, commodities, shares, ETFs, bonds and cryptocurrencies.
Forex CFD
40 pairs
Index CFD
30 indices
Commodity CFD
Metals, energies, softs
Single-Stock CFD
800 shares
Real ownership: Stocks / ETFs
N/A for this broker, CFDs only
Forex covers more than 40 currency pairs, and share CFDs cover more than 800 companies across the US, UK, EU and Hong Kong. Index CFDs span US, European and Asian benchmarks, with commodities including precious metals, energies such as Brent and WTI crude, and soft commodities such as cocoa, wheat and soybeans.
It also lists more than 50 ETF CFDs and bond CFDs on futures such as US 10-year Treasury notes and UK Long Gilts. The Key Facts Summary confirms that cryptocurrency CFDs are also offered. All products are CFDs, so you don't own the underlying asset.
Platforms
Trading runs on MT4, MT5, TradingView, a web platform and the VT Markets app.
MetaTrader 4 and MetaTrader 5 are available on desktop, web and mobile, and both support Expert Advisors and custom indicators. MT5 adds an in-built alert system and access to more than 1,000 instruments.
The browser-based web trading platform uses TradingView-powered charts with more than 100 indicators and drawing tools, and supports market, limit and stop orders. The VT Markets app for iOS and Android adds account management, real-time alerts and copy trading.
Execution
The broker describes STP and ECN execution without a dealing desk.
The broker states that Standard STP orders are passed to liquidity providers with no dealing desk, and that Raw ECN accounts access interbank pricing with market depth. However, the Client Agreement addendum states that it may act as principal and counterparty to client trades, and the Key Facts Summary notes it may act as a market maker, mainly during system failure.
It publishes a Best Execution Policy but doesn't publish execution quality statistics, so you can't check fill speed or slippage before trading. Its Key Facts Summary also states that stop-loss and take-profit orders are not assured to fill at the set price.
Leverage
Default leverage is 500:1, and eligible regions can access up to 2000:1.
The broker sets default account leverage at 500:1, adjustable between 100:1 and 500:1, well above the 30:1 retail cap in UK, EU and Australian jurisdictions. Its help centre says leverage can go up to 2000:1 in eligible countries, but each instrument has its own cap. Forex and gold go up to 1000:1, oil and indices up to 500:1, and silver is fixed at 100:1. Other energies and soft commodities are fixed at 20:1, and US share CFDs at 20:1 or 33:1.
The Client Agreement places margin call at a 100% margin level, with positions closed from the most unprofitable once the margin level reaches 50%.
Account types
Account options include Standard STP, Raw ECN, Pro ECN, Cent and swap-free versions.
| Account | Min deposit | Commission | Swap | Spread | Demo | Islamic |
|---|---|---|---|---|---|---|
| Standard STP | $100 | Spread-only | Standard swaps apply | From 1.2 pips · Variable | Yes | Yes |
| Raw ECN | $100 | $6 per lot round-turn | Standard swaps apply | From 0 pips · Variable | Yes | Yes |
| Cent | $50 | Spread-only | Not stated | From 1.1 pips · Variable | Yes | Yes |
| Swap-Free | $100 | Spread-only | No swaps; administration fee may apply | From 1.2 pips · Variable | Yes | Yes |
| Pro ECN | $0 | $2 per round-turn | Not stated | From 0 pips · Variable | Yes | Yes |
Standard STP and Raw ECN accounts both require a $100 minimum deposit and a 0.01 lot minimum trade size, with base currencies in AUD, USD, HKD, GBP, EUR and CAD. Demo versions are available for both.
Pro ECN isn't a separate deposit tier. It's an upgrade for MT5 accounts that either trade at least $500,000 in notional volume within 30 days or hold a balance above $10,000. Commission is $2–$4 round turn on forex and gold depending on base currency, and both standard and swap-free versions are available.
Funding
Deposits are free, but some withdrawal methods carry fees.
The broker accepts bank wire, cards, Skrill, Neteller, cryptocurrency and local bank transfer. It doesn't charge deposit fees, though intermediary banks may deduct charges.
The first bank wire withdrawal each month is free, with $20 per wire after that, while Skrill and Neteller withdrawals carry 1% and 2% processing fees.
Withdrawals typically take 1–3 working days for e-wallets, crypto and local transfers, and 3–7 working days for cards and international wires.
Support
Customer support runs 24/7 via live chat and email.
VT Markets' help centre states that support is available 24/7 through live chat on its website and client portal, and by email at info@vtmarkets.com. The help centre has searchable articles on accounts, funding and platforms.
Research includes the Market Buzz analysis section and an economic calendar, while learning resources include educational articles and a trading glossary.
Availability
VT Markets accepts clients from many countries but excludes several jurisdictions.
VT Markets states that it does not offer services to residents of certain jurisdictions, including the United States, Singapore, India, Hong Kong and Russia, or jurisdictions listed by the Financial Action Task Force or subject to international sanctions. Some regional versions of its website omit Hong Kong from this list, so check eligibility for your country before applying.
The Client Agreement asks residents of countries where another VT Markets entity operates to register through the relevant country-specific website, so the entity and protections you receive depend on where you live.
Verdict
VT Markets offers a broad MetaTrader-based CFD range, a Raw ECN account at $6 per lot round turn and Lloyd's-backed client fund insurance of up to US$1,000,000 per account. The trade-off is regulatory: international clients contract with VT Markets Limited under an FSC Mauritius licence, no statutory compensation scheme applies, and negative balance relief is discretionary under the Client Agreement. It's a reasonable fit for cost-focused MetaTrader traders who understand the offshore structure.
The broker may suit you if you trade on MT4 or MT5, run Expert Advisors and prefer commission-based raw spreads. It's less suitable if you need Tier-1 oversight of the entity holding your account or statutory compensation cover.
Experienced forex and CFD traders, scalpers and EA users who are comfortable with leverage of 500:1 or higher and an offshore contracting entity. Newer traders who want strict leverage caps and statutory protection may prefer a Tier-1 regulated broker.
FAQ
VT Markets is a CFD broker founded in 2015 that offers forex, indices, commodities, shares, ETFs and bond CFDs. Clients using its international website contract with VT Markets Limited, which is regulated by the Financial Services Commission of Mauritius under licence GB23202269. Trading is available on MT4, MT5, TradingView, a web platform and the VT Markets app.
VT Markets offers competitive pricing on its Raw ECN account, with spreads from 0.0 pips and a $6 per lot round-turn commission. Its Standard STP account is commission-free, with spreads from 1.2 pips listed on its account comparison page. However, international clients contract with an offshore FSC Mauritius entity, with default leverage of 500:1 that can rise to 2000:1 in eligible countries, and no statutory compensation scheme applies, although client funds are insured through Lloyd's of London up to US$1,000,000 per account.
To connect your account to MT5, apply for an MT5 trading account in the Client Portal and download MetaTrader 5. Once the account is approved, the broker emails your MT5 login number, trading password and assigned server. Enter these details in MT5 and select the exact server named in the email, such as VTMarkets-Live or VTMarkets-Live 2.
To permanently close your profile, send a formal closure request from your registered email address to info@vtmarkets.com. Before sending it, close all open trades and withdraw your remaining balance. Individual MT4 and MT5 trading accounts cannot be closed manually and are archived automatically after 90 days without activity once the balance falls below the stated threshold.
You withdraw through the Client Portal under Funds > Withdraw Funds, or in the app under Assets > Withdrawal. The first bank wire withdrawal each month is free, further wires that month cost $20, and Skrill and Neteller carry 1% and 2% processing fees.
Alternatives
Eightcap offers CFDs on 850+ markets through TradingView, MetaTrader 4, MetaTrader 5 and TradeLocker, with a Raw account that starts from 0.0 pips. Clients outside the regulated regions contract with Eightcap Global Limited in The Bahamas, which carries no statutory compensation scheme.
Octa offers swap-free forex and CFD trading on OctaTrader, MetaTrader 4 and MetaTrader 5, with no trading commission and a $25 minimum deposit. Accounts on octabroker.com are with Versustrategy Inc, registered in Saint Lucia, and the legal documents page lists no financial regulator.
JustMarkets offers leverage of up to 1:3000, swap-free trading and MT4, MT5 and its own app, but international clients contract with an offshore Seychelles entity without a statutory compensation scheme.
FXCM offers forex and CFD trading on Trading Station, MetaTrader 4 (MT4) and TradingView. Accounts on the international website are with Stratos Global LLC, an offshore entity in St Vincent and the Grenadines that sits outside the group’s regulated companies.
ThinkMarkets offers ThinkTrader, TradingView, MT4 and MT5 with 4,000+ instruments and leverage of up to 1:500 on Standard and ThinkZero accounts. International clients contract with a Seychelles-licensed entity.
IronFX operates as a retail CFD broker providing high leverage up to 1:1000 on MetaTrader 4, but international clients contract through an offshore entity without statutory compensation protection.
CFI Financial offers MT5, TradingView and its own app with no minimum deposit and leverage of up to 1:500. International clients trade with CFI International Ltd, licensed in Mauritius.
EC Markets offers MT4, MT5 and its own app with a $10 minimum deposit on STD and ECN accounts and leverage of up to 1:1000. International clients trade with the Mauritius-licensed entity.
General CFD risk warning
CFDs are complex leveraged products and carry a high risk of rapid losses. They do not give you ownership of the underlying asset. Depending on your jurisdiction, broker entity and client classification, protections such as leverage limits and negative-balance protection may differ or may not apply. Where negative-balance protection is not provided, losses may exceed the funds you deposit. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Disclaimer
This page is provided for general information only. Nothing on this page constitutes investment, tax or trading advice, or a recommendation to open an account or trade with a particular broker. Laverlane does not provide personalised investment advice. We are not a broker or financial institution, we do not arrange or execute trades, and we do not hold client funds.
Broker availability, spreads, fees, leverage, products and legal protections, including compensation schemes and negative-balance protection, vary by the broker’s legal entity, your country of residence and your client classification, and may change over time. Where a broker is required to publish its retail CFD loss rate, that figure is shown on its review page. Spreads shown are typical figures as at our verification date; they are not guaranteed and may widen, particularly during volatile market conditions.
Laverlane Scores reflect the information available at our most recent review. They are editorial assessments, not guarantees of a broker’s financial strength, reliability or future performance. Where we report a regulator warning or enforcement notice, it reflects the official public information available at the time of our review.
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