- Regulator
- Capital Markets Authority (CMA)
- Local company
- Not yet verified
- Licence number
- —
- M-Pesa
- Not confirmed
Broker review · Checked
VT Markets review 2026: is VT Markets legit in Kenya and South Africa?
VT Markets holds FSCA FSP 50865 through VT Markets (Pty) Ltd and an ASIC licence. Accounts start around $50 with MT4, MT5 and TradingView. FXStreet flags a client agreement that lets the broker use segregated funds as it sees fit, and reports withdrawal problems.
- Founded2015
- 🇰🇪 CMANot licensed
- 🇿🇦 FSCAFSP 50865
- Minimum depositAbout $50 ($100 by bank)
- M-PesaNot confirmed
Is VT Markets regulated? Licence by country
- Regulator
- Financial Sector Conduct Authority (FSCA)
- Local company
- VT Markets (Pty) Ltd
- Licence number
- FSP 50865
Not found on the FSCA list of OTC derivative providers (checked 25 Oct 2026); the local company may act as an intermediary.
Source: fxstreet.com, not yet checked on the register
A licence means someone supervises the broker. It does not make trading safe: most retail CFD accounts lose money.
About VT Markets
VT Markets is regulated by ASIC (516246), the FSCA (50865) and the FSC of Mauritius. FXStreet's tester signed a Mauritius client agreement.
Who VT Markets suits, and who should look elsewhere
Good fit if you
- want TradingView and copy trading with an FSCA company
Look elsewhere if you
- are in Kenya
- want clear client-money terms
VT Markets account types and minimum deposit
| Account | Minimum deposit | Pricing |
|---|---|---|
| Standard STP | About $50 ($100 by bank) | From 1.2 pips, no commission |
| Raw ECN | About $50 | From 0.0 pips plus $6 per lot round turn |
| Cent | $50 | From 1.1 pips |
Leverage: Up to 1:500 on forex and gold.
VT Markets fees: spreads, commission and other charges
| Wire withdrawals | First each month free, then $20 |
| Skrill / Neteller | 1% / 2% |
| Minimum withdrawal | 40 in account currency |
Work out the cost of a trade before you place it with our pip value and profit and loss calculators.
VT Markets deposits and withdrawals in Kenya and South Africa
🇰🇪 Kenya
- VT Markets is not on the CMA register. If it accepts you, your account sits with an offshore company and you have no CMA complaints route.
- No Kenyan payment method confirmed. Expect cards, bank wire or e-wallets such as Skrill and Neteller.
🇿🇦 South Africa
- VT Markets (Pty) Ltd, FSP 50865.
- Not found on the FSCA ODP list.
M-Pesa limits, rand EFT, cards, e-wallets and the payment scams to avoid: read our deposits and withdrawals guide.
VT Markets trading platforms
- MetaTrader 4
- MetaTrader 5
- TradingView
- VT Markets app
- VTrade copy trading
Is your money safe with VT Markets?
- ASIC and FSCA licences.
- FXStreet flags client-agreement terms on segregated funds.
VT Markets pros and cons
Pros
- FSCA licence
- TradingView
- Many deposit methods
Cons
- Client-money terms flagged
- Reported withdrawal issues
- Withdrawal fees after the first wire
Our real-money test of VT Markets
We will open a VT Markets account, deposit, place a trade and withdraw, then publish the screenshots, the time each step took and every fee we paid.
VT Markets withdrawal time: reports from traders
How long do VT Markets withdrawals really take?
Loading reports…
Median of reports from traders. Not checked by us; our own tests are marked separately.
Withdrawal stuck or refused at VT Markets? Get a ready complaint letter and the right regulator contact with our complaint desk →
VT Markets: questions people ask
Is VT Markets regulated in Kenya?
No. VT Markets is not licensed by the CMA. It may still accept clients from Kenya through an offshore company, but you would have no CMA protection or local complaints route.
Is VT Markets regulated by the FSCA in South Africa?
Yes. In South Africa, VT Markets operates through VT Markets (Pty) Ltd, which holds FSCA licence FSP 50865. Check that this company is named on your client agreement, not an offshore company of the same brand. Not found on the FSCA list of OTC derivative providers (checked 25 Oct 2026); the local company may act as an intermediary.
Is VT Markets regulated in South Africa?
Yes. VT Markets (Pty) Ltd holds FSP 50865.
Sources for this review (checked 25 Oct 2026)
Fees, minimums and payment methods change and can differ by the company you sign with. Confirm them on the broker's site before you deposit. Spotted something out of date? Tell us.