Company Profile
Note: VTGM's official website: https://vt-gm.com is currently inaccessible normally.
| VTGM Review Summary | |
| Founded | 2004 |
| Registered Country/Region | Australia |
| Regulation | No regulation |
| Market Instruments | Forex, Precious Metals, Energy, Index |
| Account Type | Demo, Prime, Elite |
| Demo Account | ✔ |
| Leverage | Up to 1:400 |
| Spread and Commission | Prime 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 Platform | MT5 |
| Payment Method | Wire Transfer, BPAY, Swift Payment |
| Customer Support | Phone: +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 Instruments | Unregulated |
| Competitive Spreads | Limited Payment Options |
| Generous leverage up to 1:400 | Limited account types offered |
| MT5 supported | No Islamic account |
| Demo account available | |
| Low commissions |
Is VTGM Legit?
VTGM is regulated by VFSC in Vanuatu. Its current status is suspicious clone.
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number | Current Status |
| Vanuatu | VFSC | VALK TRADE GLOBAL LIMITED | Retail Forex License | 700557 | Suspicious Clone |
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 Type | Prime Account | Elite Account |
| Spreads | From 0.0 pips | From 1.0 pips |
| Commission | $3.0 per lot commission | No 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 Platform | Supported | 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.
