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I got my lost fund back
January 6, 2024
Coinfx is a big scam broker, I paid a huge amount with nothing in return, They scammed me, into putting my hard earned money with hope to get some profits in return, they won’t allow me to withdrawal my investment. All because all they wanted is to steal my money. I went ahead to seek a refund case against them, to my greatest surprise, they helped me withdraw my money, I contacted (rogermartin860@gmailcom) and his team of experts, they were able to assist me with the withdrawal of my investment, and restore my funds, they are responsive, you can reach out to him for help also,I guess am not the only victim many people might need this information…
Stacey Thompson
- Leverage:1:500
- Regulation:ASIC, CIMA, SVGFSA
- Min. Deposit:200 US$
- HQ:Australia
- Platforms:MT4, MT5, WebTrader
- Found in:2016
VT Markets Licenses
- Vantage Global Prime Pty Ltd – authorized by ASIC (Australia)registration no. AFSL No.4289017
- VT Markets LLC – authorized byCIMA (Cayman Islands) registration no. 1383491
- VT Markets LLC – authorized bySVGFSA (St. Vincent & the Grenadines)
(Risk warning: 81.40% of retail CFD accounts lose money)
What is VT Markets?
VT Markets is an Australia-based subsidiary of VT Markets LLC (VIG), With more than 10 years of experience and expertise in global financial markets, the platform offers easy access to market information and helps its clients pursue their financial goals.
VT Markets is an online broker that offers a wide range of investment products for clients in Australia. From stocks to bonds and even futures, VT Markets has got you covered.
The company was founded in 1991 by David Cripps, who wanted to provide investors with the same tools and services that were available to institutional clients at the time. He knew that the Internet would be the perfect medium for providing this service and started working on his idea in 1999. In 2007, he incorporated VT Markets as a company with its headquarters in Brisbane, Australia.
VT Markets Pros and Cons
VT Markets is regarded as a reliable broker due to it being regulated by top-tier ASIC. The Vantage Group itself has good trading technology, a range of instruments and low variable spreads—all popular features among traders. There is excellent variety among available platforms, including MT4 and MT5 accounts.
On the other hand, VT Markets offers limited portfolio for trading instruments and only provides a few education tools.
(Risk warning: 81.40% of retail CFD accounts lose money)
Awards
VT Markets have also garnered collective recognition from award-giving bodies in the industry:
Is VT Markets safe or a scam?
Yes, VT Markets is safe to trade, it is an established Australian broker Vantage Global Prime Pty Ltd that respectively complied operation according to the world-known regulation Australian Securities and Investments Commission (ASIC), learn more why trade with ASIC Brokers by the link.
Also, VT Markets serves additional entity that serves global clients from its offshore branch based in the Cayman Islands. Of course, we never recommend trading with offshore brokers, however, since VT Markets following also reputable licenses from ASIC it means the broker is sharply regulated in terms of its operation.
In compliance with the Australian Securities and Investments Commission’s regulatory standards, the company provides Professional Indemnity Insurance to cover its representatives’ work. The bank holding clients’ funds is Australia’s Commonwealth Bank, rated AA by Standard & Poor’s.
(Risk warning: 81.40% of retail CFD accounts lose money)
Leverage
Leverage is a well-known investing tool that multiplies the amount of money you are trading with; however, it can be very useful if used responsibly. Always remember that leveraging up your trades can magnify both gains and losses!
Due to multiple regulations from various jurisdictions, VT Markets broker falls under particular regulatory restrictions which may apply differences between the offered leverage. Therefore, trading through the global/offshore entities of VT Markets you may enjoy high leverage levels up to 1:500 for major currency pairs. For the Australian clients the leverage remains the broker allows the following:
- 30:1 for forex
- 20:1 for stock index CFDs
Trading Instruments
The marker range includes access to trading instruments, however, only CFDs and Forex. CFDs include Indices, Energy Soft Commodities, Precious Metals, US and HK Share CFDs.
VT Trader provides access to over 50 trading instruments, including stocks, futures and forex pairs.
The platform allows you to place orders in real time with no additional fees. You can trade all of your favorite markets from one platform, including equities and derivatives. You can create a custom watch list by adding stocks or indexes using the “Add Watch” feature on the top of the screen. The sidebar on the left side of the app is where you will find other important tools such as order details, historical data for your favorite stocks and a news feed for key financial events happening around the world every day – allowing you to stay up-to-date with what’s happening in these markets all day long!
(Risk warning: 81.40% of retail CFD accounts lose money)
Account types
VT Markets offers two account, Forex brokers offer MT4 and MT5 platforms that let you trade with different types of accounts — including STP and ECN models. The combination of these pricing models may lead to some price differences between offerings, so be sure you choose one that best meets your needs.
Islamic accounts or Swap-free are available at the broker too, to those who are following the Sharia rules and require specific trading conditions.
(Risk warning: 81.40% of retail CFD accounts lose money)
Fees
Each account type has different fees to consider, including funding and inactivity charges. See below for the fee table
| Fees |
VT Markets Fees |
AvaTrade Fees |
XM Fees |
| Deposit Fee |
No |
No |
No |
| Withdrawal Fee |
No |
No |
No |
| Inactivity Fee |
No |
Yes |
Yes |
| Fee ranking |
Low |
Average |
High |
Spreads
The spread for the trading account you choose will vary: Standard accounts have slightly higher spreads, while ECN accounts offer an extremely low raw spread. Thus, STP EUR/USD floating average is 1.2 and the ECN’s only 0%.
VT Markets also offers Standard STP accounts for anyone interested in trading the foreign exchange market. The spreads on these accounts are among the tightest available anywhere, and commissions start at only $6 per standard lot round trip! Below is an example of the spreads that are possible in a Standard account, as well as fees compared to another popular broker: BlackBull Markets.
| Asset/ Pair |
VT Markets Spread |
BlackBull Markets Spread |
XM Spread |
| EUR USD Spread |
1.2 pips |
0.9 pips |
1.6 pips |
| Crude Oil WTI Spread |
4 pips |
6 pips |
5 pips |
| Gold Spread |
30 |
25 |
35 |
Rollover
You should always consider rollover or swap rate—the cost the broker charges for holding a position longer than one day and defined by instrument—when trading, because they charge small fees.
(Risk warning: 81.40% of retail CFD accounts lose money)
Deposits and Withdrawals
The trading accounts of clients of VT Markets are funded in numerous ways, including domestic bank transfers, international bank wires, BPAY payments and Skrill, Neteller or credit card transactions. VT Markets clients can also fund their accounts with Bitcoin.
VT Markets minimum deposit
VT Markets’ Standard account, which is the lowest-cost option available to traders, requires a minimum deposit of 200$.
VT Markets minimum deposit vs other brokers
|
VT Markets |
Most Other Brokers |
| Minimum Deposit |
$200 |
$500 |
Withdrawal
VT Markets offers customers numerous ways to make deposits and withdrawals—and it doesn’t charge any internal fees for electronic transfers. Some payment providers may, however, assess charges on their end; please keep this in mind when making payments via your preferred provider.
(Risk warning: 81.40% of retail CFD accounts lose money)
Trading Platforms
VT markets offers intuitive yet comprehensive software, which is easy to use but still powerful enough for all types of traders.
All trading accounts are accessible across all devices, including the enhanced MetaTrader 4 and 5 platforms and WebTrader. This allows you to access your account fast and easily, regardless of whether you use an iPhone or Android phone.
VTM Markets’ official MetaTrader mobile apps allow you to trade anywhere, anytime. EAs are allowed for all styles of automated traders. Multifunctional software Multi Account Manager (MAM) is a tool that places large orders in bulk and allows the user to place such orders with speed and no limitations.
The MetaQuotes WebTrader’s intuitive design is identical to that of the company’s desktop version, enabling you to access your trading account without having to download or install anything on your computer.
Social Trading
VT Markets’ partnership with ZuluTrade also gives clients access to a large pool of professional traders and profitable trading systems.
(Risk warning: 81.40% of retail CFD accounts lose money)
Education
VTM Markets provides its clients with limited educational materials and tools. The learning section includes Educational guides, MT4 guide and Trading Central tools guide; Daily Market Analysis is also available for the traders.
The best way to learn how to trade on the VIX is first by practicing with a demo account and then, once comfortable with your trading style, using that knowledge in real time.
Conclusion
Overall, VT Markets’s trading services are continually improving to ensure that they remain competitive and provide great advantages for traders.
Moreover, as a ECN broker, the company stands for strong integrity and great execution by providing liquidity to traders through its numerous banks.
VT Markets provides benefits for all traders, from beginners to experts. The trading process is easy and the deposit requirement is low—a welcome bonus for beginning traders.
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Top FX & HFM
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# Spreads from 0.0 pips
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AMarkets & FXTM
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