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VTGM Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-16 15:02

Abstract:VTGM, founded in 2004, is a brokerage registered in Australia. The trading instruments it provides cover Forex, Precious Metals, Energy, Index.

  Note: VTGM's official website: https://vt-gm.com is currently inaccessible normally.

VTGM Review Summary
Founded2004
Registered Country/RegionAustralia
RegulationNo regulation
Market InstrumentsForex, Precious Metals, Energy, Index
Account TypeDemo, Prime, Elite
Demo Account✔
LeverageUp to 1:400
Spread and CommissionPrime Account: From 0.0 pips, $3.0 per lot commission, Elite Account: From 1.0 pip, no commission per lot
Minimum Deposit$100 (for Prime and Elite Accounts)
Trading PlatformMT5
Payment MethodWire Transfer, BPAY, Swift Payment
Customer SupportPhone: +61 4 8882 6516
Email: info@valktrade.com

VTGM Information

  VTGM, founded in 2004, is a brokerage registered in Australia. The trading instruments it provides cover Forex, Precious Metals, Energy, Index.

Pros and Cons

Pros Cons
Diverse Market InstrumentsUnregulated
Competitive SpreadsLimited Payment Options
Generous leverage up to 1:400Limited account types offered
MT5 supportedNo Islamic account
Demo account available
Low commissions

Is VTGM Legit?

  VTGM is regulated by VFSC in Vanuatu. Its current status is suspicious clone.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
VanuatuVFSCVALK TRADE GLOBAL LIMITEDRetail Forex License700557Suspicious Clone
Is VTGM Legit?

What Can I Trade on VTGM?

  VTGM offers traders Forex, Precious Metals, Energy, Index to trade.

Tradable Instruments Supported
Forex✔
Precious Metals✔
Energy✔
Index✔
Futures❌
Options❌

Account Types

  VTGM offers 2 different types of accounts to traders - Prime Account, Elite Account. It also provides demo accounts.

Account TypePrime AccountElite Account
SpreadsFrom 0.0 pipsFrom 1.0 pips
Commission$3.0 per lot commissionNo commission per lot

VTGM Fees

  VTGM charges $3.0 per lot commission for Prime Account, 0 commission per lot for Elite Account. Prime Account's spread is from 0.0 pips and Elite Account's spread is from 1.0 pips.

Trading Platform

  VTGM's trading platform is MT5, which supports traders on PC, Mac, iPhone and Android.

Trading PlatformSupported Available Devices
MT5 Margin WebTrader✔Web, Mobile
MT4❌

Deposit and Withdrawal

  The broker supports 3 types of deposit and withdrawal methods - Wire Transfer, BPAY, Swift Payment. The min deposit is $100.

  

Related broker

Unverified
VTGM
Company name:Valk Trade
Score
1.40
Website:https://vt-gm.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.40

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