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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

🇰🇪 KenyaNot on the CMA register
Regulator
Capital Markets Authority (CMA)
Local company
Not yet verified
Licence number
—
M-Pesa
Not confirmed
🇿🇦 South AfricaFSCA licence FSP 50865
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

Founded 2015 · Head office: Sydney, Australia

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

AccountMinimum depositPricing
Standard STPAbout $50 ($100 by bank)From 1.2 pips, no commission
Raw ECNAbout $50From 0.0 pips plus $6 per lot round turn
Cent$50From 1.1 pips

Leverage: Up to 1:500 on forex and gold.

VT Markets fees: spreads, commission and other charges

Wire withdrawalsFirst each month free, then $20
Skrill / Neteller1% / 2%
Minimum withdrawal40 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

Is your money safe with VT Markets?

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

Coming

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.

Report your withdrawal

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.

Compare VT Markets with other FSCA-regulated brokers in South Africa