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VT Markets

  • Post #1
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  • First Post: Edited May 21, 2021 3:18am May 19, 2021 1:13pm | Edited May 21, 2021 3:18am
  •  Adam84
  • | Joined Feb 2014 | Status: Member | 117 Posts
I found VT Markets because it is offering a leverage of 1:333 on indices. Anyone has a clue how reliable/trustworthy this broker is?

Edit: I opened an account with them and trade with a small amount. Will let you know my experience with this broker.
  • Post #2
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  • Edited 4:25am May 21, 2021 3:26am | Edited 4:25am
  •  Adam84
  • | Joined Feb 2014 | Status: Member | 117 Posts
Update: Yesterday I started trading with this company. I deposited EUR 200 in my account. Did some scalping and the orders were executed correctly. So far, no complaints.

What I like: I got credited with an extra EUR 100 (50%) in my account by this broker. This amount is not for withdrawal but just to increase the margin. I like that.

What I dont like: pending orders cannot be placed close to the current price, very annoying.
 
 
  • Post #3
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  • May 26, 2021 4:52am May 26, 2021 4:52am
  •  Bicarus
  • Joined Nov 2014 | Status: Yoda | 927 Posts
Quoting Adam84
Disliked
Update: Yesterday I started trading with this company. I deposited EUR 200 in my account. Did some scalping and the orders were executed correctly. So far, no complaints. What I like: I got credited with an extra EUR 100 (50%) in my account by this broker. This amount is not for withdrawal but just to increase the margin. I like that. What I dont like: pending orders cannot be placed close to the current price, very annoying.
Ignored
vtmarkets
moneta markets
atom8
.
.
.
.
.

are all basically trading names of vantagefx.

it is their divestment strategy to have multiple brands. because of vantagefx's shady past.

https://www.forexfactory.com/thread/...6#post13436976
you can see the reply from christian dove here, the original founder of vantage before he sold it off. u cant see my original post which prompted his response because it came across as defamatory.

long story short. enfinium and vantagefx were charged by ASIC for using virtual dealer plugins as well as copying trades from its profitable clients.

not sure if management has changed again tho. and they have really cleaned up their act.
 
1
  • Post #4
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  • May 26, 2021 10:48am May 26, 2021 10:48am
  •  Adam84
  • | Joined Feb 2014 | Status: Member | 117 Posts
Thank you Bicarus. It is good to know the company's background a little. I will post my experiences with this broker in this thread. I also connected a trade explorer to my trading account at VT Markets so everyone can see how trading is going with this broker. Until now, I am quite satisfied with the trading conditions (besides the pending order restrictions), although this means nothing if withdrawals are not processed correctly in the future.
 
 
  • Post #5
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  • Last Post: Oct 17, 2022 5:45pm Oct 17, 2022 5:45pm
  •  Mayalab
  • | Joined Oct 2022 | Status: Junior Member | 1 Post
Hi Adam84, what is your feedback about VT Markets? Also, your trade explorer does not show up for VT Markets. Any issue?
Thanks
 
 
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