VT Markets (vtgloballimited.com) is a contract for difference (CFD) trading service platform established in October 2024. It primarily offers CFD trading in forex, precious metals, energy, indices, and cryptocurrencies.
Platform Overview
Trading Accounts
According to official information, VT Markets trading accounts have spreads as low as 1 pip, with leverage up to 1:100. However, the platform has not disclosed specific data on minimum deposits, margin call rates, stop-loss rules, or trading fees.
Trading Platform
Vtgloballimited.com uses the ST5 trading platform, which supports both desktop and mobile use. This platform has a wealth of technical analysis tools, with over 50 built-in technical indicators, and allows advanced chart analysis of intraday data.
The mobile app download links provided on the website are named SLPERTRH and THJYTBGREF on the App Store and Google Play, differing from the ST5 name mentioned on the website.
Trading Markets
Forex
The platform supports trading in several major currency pairs, including Euro/US Dollar (EUR/USD), US Dollar/Canadian Dollar (USD/CAD), British Pound/US Dollar (GBP/USD), and US Dollar/Japanese Yen (USD/JPY).
Precious Metals
Users can trade spot gold (XAUUSD) and silver (XAGUSD).
Energy
The platform offers CFDs on US crude oil (UsOIL).
Indices
It supports trading of various major indices, such as Nikkei 225 (N225), Germany DAX (GER30), and S&P 500 (US500).
Cryptocurrencies
Major cryptocurrency pairs available for trading include Bitcoin/US Dollar (BTC/USD), Ethereum/US Dollar (ETH/USD), and Ripple/US Dollar (XRP/USD).
Deposit and Withdrawal Methods
Currently, the platform's website has not specified the deposit and withdrawal methods, nor has it disclosed related fees.
Customer Support and Contact
Currently, vtgloballimited.com has not established official accounts on common social media platforms such as Facebook, Instagram, or Twitter. Users can contact the platform via the online form or email provided on the website.
Company Background
According to the official website, VT Markets is headquartered in Denver, Colorado, USA, with the address at 1430 Stout St, Denver, Colorado, United States. The platform claims to provide client fund protection in compliance with the UK's Markets in Financial Instruments Regulation (MiFIR) and states that its accounts are regulated by UK financial institutions.
However, an investigation reveals that the brand name and logo used by vtgloballimited.com are very similar to another broker "VT Markets," potentially indicating an intention to confuse investors.
Summary
Vtgloballimited.com is a CFD trading site launched in October 2024 but appears to be a mimic site of the broker VT Markets.
Risk Warning
Trading CFDs involves high risk. Due to significant market volatility, investors may face capital losses, while the use of leverage amplifies such risks. Before engaging in such trading, investors should fully understand the market dynamics and the working mechanisms of CFDs, considering their risk tolerance to carefully participate and avoid uninformed decisions.
