VT Markets – The company describes itself on its website as a contact point for investors and, according to its self-disclosure, offers a platform for online trading. According to VT Markets, one can join a globally recognised broker for Forex trading.

However, there is an official warning from the Spanish financial supervisory authority on the subject of VT Markets.

Table of contents

  1. VT Markets Experience
  2. VT Markets website
  3. Contact information of VT Markets
  4. VT Markets Admission
  5. Warning from financial regulators about VT Markets
  6. Online trading guide
  7. Lawyers advise on disputes

Parallel to the question of whether VT Markets offers a trustworthy offer, it is important to deal with the basics for successful online trading. We will also explain how the provider VT Markets compares to other investment opportunities.

Furthermore, we will stand by you and support you in case of ambiguities and disputes in connection with VT Markets.

VT Markets experiences

On the provider’s website you can read that VT Markets is one of the most innovative brokers. Moreover, VT Markets is based in Sydney, Australia, and is a subsidiary of Vantage International Group Limited (VIG). Moreover, VT Markets has more than ten years of experience and expertise in the global financial markets.

Therefore, VT Markets can offer easy and transparent market access and support its clients in pursuing their financial goals. Furthermore, VT Markets was established in 2016 and has applied advanced technical support to provide its clients with an outstanding trading experience.

In doing so, VT Markets was committed to meeting and exceeding the expectations of global financial regulators from the outset. In addition, VT Markets understands that traders are looking for the most reliable platform possible in order to feel comfortable.

Moreover, VT Markets manages more than 10,000 active trading accounts of clients from all over the world. Furthermore, the VT Markets website provides information on the financial instruments that can be traded on the provider’s platform:

  • Precious metals,
  • Forex trading,
  • Commodities,
  • Indices,
  • Energy,
  • CFD trading in US and Hong Kong equities.

According to VT Markets, one can open both an ECN and an STP account, whereby a minimum deposit of 200 US dollars is required in each case. In addition, it is possible to receive a trading bonus of up to 50 % at VT Markets.

The website of VT Markets

The service provider VT Markets presents itself online with a German-language website at the URL www.vtmarkets.com/de.

Responsible persons

According to §6 of the German Media State Treaty (MDStV), the name of the person responsible for the content of the website must be mentioned in the imprint. This is usually a member of the provider’s management board. It is not only obligatory to name the responsible persons, but also a sign of transparency.

As of March 2022, no information on the persons responsible for the content could be found on the website of VT Markets.

Domain information

Many companies use their many years of practical experience to convey credibility. However, such statements are often contradicted by the date on which the domain was registered. Accordingly, it must be questioned who the domain owner is and at what time the domain was registered.

According to VT Markets’ own information, the domain was created in 2016. Our lawyers determined the facts about VT Markets on 02.03.2022 with this result: Domain Name: vtmarkets.com Registry Domain ID: 2201425284_DOMAIN_COM-VRSN

Registrar WHOIS Server: whois.gandi.net Registrar URL: http://www.gandi.net Updated Date: 2021-10-28T09:51:42Z Creation Date: 2017-12-18T05:51:03Z Registrar Registration Expiration Date: 2022-12-18T05:51:03Z

Operating company and trademark

The name of the website or trading platform or offer is not always identical with the operating company. In the past, it has happened in many cases that providers are simultaneously present on the market with many different trademarks.

Moreover, it is a common practice of certain operators to remove the websites of “tarnished” trademarks and to return to the market shortly afterwards using a new trademark. Therefore, it is advisable to generally include the operating company in addition to the trademark when researching news and facts about a provider.

The relevant information can be found either in the imprint or often also in the footer of a website. In the footer of the website one reads that VT Markets is owned by a Vantage International Group Limited.

Imprint information

In Germany, according to §5 of the German Telemedia Act (TMG), there are general obligations to provide information and mandatory details for the imprint. Accordingly, this obligation to “identify the provider” exists for all commercially operated websites.

This is because the information should inform the user of an online presence who he or she is dealing with. Finally, the address of the website operator plays a role in this context, if legal claims are to be enforced against him.

Also relevant in this context is the fact that the obligation to maintain an imprint also applies to foreign service providers who carry out their business activities in Germany. At the time of March 2022, there was no imprint on the website of VT Markets.

VT Markets contact information

The following statements could be found on the online presence of VT Markets at the time of writing:

  • VT Markets phone number: n. A.
  • Postal addresses of VT Markets:
    • 4th Floor, the Harbour Centre, 42 N Church St, George Town, Cayman Islands
    • Level 35, 31 Market St, Sydney NSW 2000, Australia
    • Taipei 101, No. 7, Section 5, Xinyi Rd, Xinyi District, Taipei City, Taiwan 110
  • VT Markets email address: info[a]vtmarkets.com

VT Markets authorisation

The existence of a valid licence from an official European financial supervisory authority can be an important characteristic of whether a provider is trustworthy. This is because the granting of a licence requires a great deal of economic effort on the part of the service provider.

Nevertheless, it does not necessarily have to be a case of fraud if an online broker omits information about its authorisation or its regulatory status. The following financial supervisory authorities, among others, are responsible for granting authorisations and supervising financial service providers such as VT Markets:

  • Cyprus Securities and Exchange Commission (CySec, Cyprus)
  • Malta Financial Services Authority (MFSA, Malta)
  • Federal Financial Supervisory Authority (BaFin, Germany)
  • Swiss Financial Market Supervisory Authority (FINMA, Switzerland)

There was evidence of regulatory authorisation by the UK FCA on VT Markets’ website in March 2022. Interested investors can discuss what this circumstance entails with a lawyer at our law firm.

VT Markets – the Spanish Financial Supervisory Authority warns investors

As early as August 2021, the CNMV, the Spanish financial supervisory authority, issued an official warning on the subject of VT Markets. According to the authorities, the provider is an unregistered company. Moreover, the VT Markets website is not authorised to offer investment services.

Before Trading with VT Markets and Others – Online Trading Tips

Trading via an internet platform like VT Markets is the extension of conventional trading in financial instruments to the internet. Here, as there, market participants act with the aim of generating income through the purchase and sale of assets. Trading is no longer limited to securities.

Rather, the following alternatives are also available to exchange traders, for example:

  • Trading in contracts for difference
  • Commodities
  • Corporate bonds
  • Bank deposits
  • Investment funds
  • listed index funds
  • Foreign exchange trading
  • Money market funds
  • Real estate

Online trading is carried out via interfaces such as brokers (like VT Markets) or banking institutions that offer their clients a specific trading application. It is foreseeable that in the future there will be more and more private investors who discover online trading for themselves. All you need is an internet connection and a PC or tablet or smartphone.

The advantages of online trading

Digitalisation has also had a considerable influence on the financial world, especially with regard to trading such as at VT Markets. The technical possibilities have significantly increased the speed of trading.

Whereas investors and traders used to have to place their orders by phone call, fax or post, this can now be done at the click of a button and at a fraction of the cost.

Factors such as length and type of trade, pricing and quantities or account details can now be clarified without a personal conversation between a broker like VT Markets and its customers. Consequently, the possibility of online trading has brought about a number of conveniences:

  • The speed at which transactions can be executed has increased noticeably.
  • Many tools can be used automatically and immediately.
  • The unpredictability of losses due to gaps decreases.
  • Returns can be generated even with a low stake.
  • Training opportunities for online trading, knowledge pools, analyses or trading courses are offered by default in many places.
  • The product range of tradable financial instruments is broader and deeper.
  • The trading platform executes the desired orders, all you need is an internet connection.

Furthermore, online trading not only brings conveniences in terms of the uncomplicated use of the trading platform. Above all, the analysis options, indicators and the various tools make it much more convenient for the investor. The times when you had to draw your own charts or make your own calculations are over.

Nowadays, online traders find a wide range of order types in their system, which they can execute themselves in day trading with the preferred broker of their choice.

Bitcoin & Co. – cryptocurrencies are moving onto the radar of investors

But it is not only trading itself that has been massively shaped by digitalisation. For the advancing technologisation has provided online traders with a new field of action: trading in digital assets.

The most popular cryptocurrencies include Bitcoin and Ethereum. Bitcoin was the first cryptocurrency ever, which is why all other digital currencies are called “alt-coins”, i.e. alternative coins.

Today, there are a large number of tradable crypto assets and the landscape is extremely volatile. As a result, new coins enter the market regularly and many disappear as quickly as they appeared.

For investors, this entails opportunities as well as risks, which, due to the constant ups and downs, are significantly amplified compared to traditional investments. For investors, newly issued cryptocurrencies are basically like a game of chance at the roulette table.

With a little luck, the stake can be multiplied significantly. However, the possibility of losing all the money is also immensely high. For this reason, it might be a better decision for cautious traders to focus on the strongest crypto stocks in terms of market value, which have been traded for some time and have a relatively large market capitalisation.

The alternatives to Bitcoin and Ethereum

In addition to Bitcoin and Ethereum, the Binance Coin, Solana, Cardano or Ripple should be mentioned here. Compared to Bitcoin and Ethereum, Cardano and Solana in particular can be classified as more modern and future-oriented.

While the former are criticised for their energy-intensive “proof of work” mechanism, the latter rely on the less energy-intensive “proof of stake” mechanism. Furthermore, the blockchain-based projects Cardano and Solana allow the use of so-called smart contracts.

Furthermore, additional projects are emerging in the respective ecosystems, such as Solanart, a marketplace for so-called “non-fungible tokens”, or NFT for short. These can be used in decentralised finance (“DeFi”), for example.

Here, they help to implement security mechanisms that assure the originality of transactions and the correctness of each submitted order.

Investors will therefore find an extraordinarily wide range of cryptocurrencies in which to invest. However, crypto trading is mainly recommended for those investors who do not shy away from greater risks.

Furthermore, the following also applies to crypto trading: be careful when choosing a provider. Unfortunately, there are many documented cases of fraud and cybercrime in which crypto exchanges have played an inglorious role.

Disadvantages of online trading

Where there is light, there is also shadow, and this also applies to online trading. Accordingly, apart from the advantages, a number of disadvantages are also recognisable, which inclined investors should integrate into their considerations:

  • If wrong decisions are made, one has to reckon with high losses.
  • Investors should keep a constant eye on price trends.
  • Investors should already be well versed in trading and pursue resilient strategies.
  • Compared to traditional trading, it is rather hectic.
  • The emergence of fraudulent trading platforms has led to immense risks of loss.

Speculative day trading, in particular, is not suitable for investors who are getting to grips with the subject of trading for the first time. This is because the risk of incorrectly predicting the development of prices is immense, and in view of the time pressure, adjustments are difficult.

Therefore, this form of trading is rather recommended for particularly experienced or very risk-averse investors. If you belong to this group of people, day trading is a way to achieve results in a timely manner. Furthermore, one benefits, for example, from the elimination of fees for overnight positions.

Because these costs should also be included in the holistic analysis of an investment. On top of that, one saves oneself the proverbial rude awakening in the morning, in case there were quick and drastic price changes. Such “gaps” are quickly created by negative reporting about a company.

On the other hand, one quickly sees success when one can report a profit at the end of a trading day. It is also important for day traders to compare the trading fees of the different brokers. Here it can pay off to opt for a flat rate.

This is particularly worthwhile if you trade more frequently and separately invoiced order fees would noticeably reduce your profit.

Understand the dangers

In order not to increase the dangers of online trading unnecessarily, you should ask yourself what kind of service provider you want to use for trading on the trading venues. From the practical experience of our law firm, a few questions have emerged that can be used to identify possible risks.

Applied to the example of VT Markets, these would be as follows:

  • Are there any regulatory warnings about VT Markets?
  • What experiences have other investors already had with VT Markets, what kind of opinion is expressed in forums?
  • Is there an imprint on the VT Markets website and can credible statements about the company’s location be found?
  • Are there any warnings from lawyers or law firms representing clients who have suffered losses in connection with VT Markets?
  • Did the contact with VT Markets come about due to an unsolicited telephone call?
  • Does VT Markets hold out the prospect of particularly high returns or a guaranteed return and hide or downplay the dangers?
  • Is VT Markets regulated by a European financial regulator and is the provider subject to official supervision?

What to do in case of losses?

If you suspect that you have been defrauded in online trading, it is advisable to block further payments immediately. This applies in particular to the circumstance that the trader suggests additional payments to compensate for deficits. Furthermore, one should try to recover the lost capital.

In this regard, aggrieved parties can seek investor protection and turn to the lawyers of our law firm. We consider civil law as well as criminal law options and possible claims for damages against the financial provider and against involved payment service providers such as banking houses.

A private investor who loses his capital in the course of online trading is by no means an isolated case. Many investors are misled by the professional appearance of the companies and only realise too late that they are not responsible for their losses.

Our recommendation is therefore not to despair, but to react quickly and energetically. Because the prospect of recovering the lost capital is often greater than the aggrieved investors assume. Would you like to talk to one of our lawyers about VT Markets? Then click here to go directly to our contact area.