vtgroupmarkets.com is an online website focused on providing contract for difference (CFD) trading services, officially launched in October 2024 under the VT Group brand. The platform covers a variety of financial markets such as stocks, forex, commodities, and indices, aiming to offer flexible trading options to global investors, but is not available to regions restricted by relevant laws and regulations.
Corporate Services
Account Types
VT Group has designed a diverse range of account types for traders with different needs, including multi-asset accounts, stock CFD accounts, and accounts supporting MT5 trading. Based on user experience and trading preferences, the platform offers different leverage settings for retail and professional investors to meet diverse investment needs.
Trading Platform
The platform supports the ST5 trading system, compatible with desktop computers and mobile devices, and is equipped with advanced analytical tools. The system provides over 30 technical indicators and 24 analytical tools to assist users in conducting detailed market analysis.
It is noteworthy that the Google Play link on the official website is currently unavailable, and the App Store link directs to a page that is not the real App Store, displaying it as applicable to Android devices.
Main Trading Products
- Stocks: Stock trading allows holders to share in the appreciation of company assets and part of the profits.
- Forex: Involves the exchange of global currencies, gaining profit from exchange rate fluctuations, and is among the most liquid markets in the world.
- Commodities: Encompassing physical assets like precious metals, energy, and agricultural products, suitable for investors to diversify risk.
- Indices: Used to reflect overall performance in a particular market or sector, serving as an essential tool for measuring market trends.
Deposit and Withdrawal Policy
VT Group supports fund operations through bank wire transfers. Deposits are free, and the first withdrawal each month under $500 is fee-free, but subsequent withdrawals exceeding this amount or multiple withdrawals will incur a fee of $40 (or €30) each.
Contact Information
VT Group has not set up official accounts on mainstream social media platforms such as Facebook, Instagram, and Twitter. Users wishing to contact the platform can do so via phone or email provided on the official website.
Company Background and Regulatory Status
Company Information
According to information from vtgroupmarkets.com, VT Group is headquartered in the 1585 Broadway building in Manhattan, New York. The platform claims to be approved by the Cyprus Securities and Exchange Commission (CySEC) and the South African Financial Sector Conduct Authority (FSCA), with license numbers 123/10 and 46990, respectively.
Regulatory Verification
Upon verification, the CySEC official website shows that the number 123/10 corresponds to Colmex Pro Ltd (website www.colmexpro.com), not VT Group. Additionally, the FSCA website shows that the license number 46990 is also held by COLMEX PRO LIMITED.
Summary
vtgroupmarkets.com was launched in 2024, offering CFD trading services across multiple financial markets. However, the website's content and company information are suspected of plagiarizing broker Colmex Pro.
Risk Warning
Contracts for difference involve high risks, with market volatility potentially leading to capital losses, and leverage can amplify risks as well as rewards. Investors are advised to thoroughly understand trading mechanisms and market dynamics, participate cautiously, and assess their risk tolerance to avoid blind investment.
