73 brokers measured in Indiabroker data checked 27.08.2026
VT Markets logoVT MarketsServed via offshore VT Markets LLC (SVG) / VT Markets Ltd (Mauritius FSC).

VT Markets in India — review, licence and costs

Written and checked by the Rupee Desk editorial team · how we score ·  score recalculated 01.10.2026
noAccepts residents of IndiaOpened by VT Markets (India) Pvt. Ltd., register checked 09.07.2026

Score (6 of 6 axes scored)

3.51/ 5.0

ranked against full-basis brokers

  • Reviews25%60
  • Round-turn cost20%95
  • Safety20%0
  • Payouts15%40
  • Track record10%55
  • Platforms10%50

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.503 = 3.51 · axes on 0–100, total on 2.0–5.0

Key facts (6 facts)

Onboarding entity
Served via offshore VT Markets LLC (SVG) / VT Markets Ltd (Mauritius FSC).
Founded
2015
Retail leverage
500IN
Round turn
6 USDIN
Currencies
USD/EUR/GBP/AUD; no verified INR account.
Swap-free account
yes

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

Licence check

No SEBI/RBI authorisation; onboarded offshore.
No licence number published for Indiachecked 09.07.2026sebi.gov.in
Open an account with VT Markets

The broker's own website. Not a partner link — we earn nothing from it.

Screenshot of the VT Markets website
VT Markets's own site, captured for this review (06.10.2026)

Who actually onboards you

Entity that onboards India residents
Served via offshore VT Markets LLC (SVG) / VT Markets Ltd (Mauritius FSC).
Local standing
Not regulated in India. Offshore brokers are not authorised to solicit Indian residents; FX/CFD trading with offshore firms is a grey/often-illegal area under FEMA. No SEBI approval.
Licence as the register states it
No SEBI/RBI authorisation; onboarded offshore.
Leverage for this entity
Up to 1:500 (offshore).
The firm behind it
VT Markets brand founded 2015, Sydney-based; multi-entity (ASIC, FSCA, FSC Mauritius, SVG LLC, Cyprus, UAE SCA).
What we hold against it
Withdrawal-delay complaints in 2026; retail Indian clients under unregulated offshore entity; regulatory-grey for Indian residents.

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Indian residents enters the score.

Offshore entity · onboards youServed via offshore VT Markets LLC (SVG) / VT Markets Ltd (Mauritius FSC).Offshore entity · SEBI licence —
1:500IN
India median, local entities: 1:50 · 18 of 20 statedApplies to you

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youNot regulated in India. Offshore brokers are not authorised to solicit Indian residents; FX/CFD trading with offshore firms is a grey/often-illegal area under FEMA. No SEBI approval.
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Price against India market median(priced from 65 of 90)

Round turn, 1 lot EURUSD, spread plus commission, USD
VT Markets, raw spread plus commission6
India median, all 65 priced7
India median, the 52 priced on the raw spread plus commission6

Medians run over the 65 of 90 brokers that publish a price for India, never over the whole base. A spread without its commission is not a price and is not counted.

Accounts

Account types the broker names for this country: Standard STP, Raw ECN, Pro ECN, Swap-Free, Cent. Min USD 100 (Cent from USD 50). The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Where VT Markets sits in the India base(90 brokers)

Round-turn cost, USD (65 of 90 priced)

1<2.5
125
317.5
710
612.5
415
4>15

Median 7 USD · range 2-18 · this broker 6 USD · 25 of 90 brokers do not publish it

Minimum deposit, USD (16 of 90 priced)

15<200
0400
0600
0800
1>800

Median 15 USD · range 0-1000 · this broker 100 USD · 74 of 90 brokers do not publish it

Retail leverage (49 of 90 with a India figure)

29<1k
102k
63k
34k
1>4k

Median 1:500 · range 20-5000 · this broker 1:500 · 41 of 90 brokers do not publish it

Withdrawal time published (90 brokers)

6of 73
Published, hours6not published38VT Markets is one of the 6

Payouts

Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.

Deposit and withdrawal methods (3 methods · 0 local rails)

Cards, wire, e-wallets;

  • Cards
  • Wire
  • E-wallets
Account currency
USD/EUR/GBP/AUD; no verified INR account.
Fee declared
3 of 3 methods
Withdrawal back to
the funding method

Where it does not serve(4 countries)

United StatesSingaporeIndiaRussia

From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

Platforms and markets(6 platforms)

The platform page on the VT Markets website
The platform page on VT Markets's own site, captured for this review (06.10.2026)
  • MT4
  • MT5
  • app/WebTrader
ClassCountMin spread
MT4—1.2
MT5—1.2
app/WebTrader—1.2
Forex pairs60—
Shares800—
Indices30—

138 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 132 more.

Identical for every row: Leverage 500 IN.

Reviews(1 platform · 25% of the score)

4.2/ 5
Trustpilot rating
2,529
reviews
02.10.2026
snapshot, 2026
SnapshotRatingReviews
02.10.20264.22,529

Share of reviewers in India: — The platform does not publish it.

Pros and cons(4 for and 6 against, each tied to a figure on this page)

For
  • Round turn 6 USD on the raw + commission basis, under the India median 7
  • Swap-free account available
  • Round-turn cost 95 of 100, its strongest of 6 scored axes
  • 3 platforms: MT4, MT5, app/WebTrader
Against
  • No India authorisation on file: the entity that onboards you is licensed elsewhere
  • A regulator warning is on file against this broker
  • Min deposit 100 USD, over the India median 15
  • Withdrawal in 72 h, over the India median 48
  • The published 1:500 comes from the group's offshore entity, not from the India one
  • Safety 0 of 100, its weakest of 6 scored axes

Alternatives in India(6 of 90 scored in India)

3.82
Blueberry Markets
Licensed elsewhere
Round turn, USD
7IN
Min deposit, USD
100 groupIN
Leverage
500IN
Rank in this country
#16
4.21
FP Markets
Licensed elsewhere
Round turn, USD
6IN
Min deposit, USD
100 groupIN
Leverage
500IN
Rank in this country
#1
3.67
Eightcap
Licensed elsewhere
Round turn, USD
7IN
Min deposit, USD
100 groupIN
Leverage
500IN
Rank in this country
#30
3.62
TMGM
Licensed elsewhere
Round turn, USD
7IN
Min deposit, USD
100 groupIN
Leverage
1000IN
Rank in this country
#36
3.8
FXChoice
Licensed elsewhere
Round turn, USD
7IN
Min deposit, USD
100IN
Leverage
200IN
Rank in this country
#18
4.14
Interactive Brokers
Locally licensed
Round turn, USD
5IN
Min deposit, USD
0 groupIN
Rank in this country
#2

Methodology(6 axes · formula v1.0)

Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a India score. Full methodology

AxisWeightWhat is measuredVT Markets
Reviews25%Rating, volume and recency on one public review platform60
Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median95
Safety20%Local authorisation, the entity that onboards you, any regulator warning0
Payouts15%Published withdrawal time, fees and the methods available in the country40
Track record10%Years since the firm was founded, from its own filings55
Platforms10%Which trading platforms the broker confirms for this country50

FAQ

Does VT Markets accept residents of India?
No. Not regulated in India. Offshore brokers are not authorised to solicit Indian residents; FX/CFD trading with offshore firms is a grey/often-illegal area under FEMA. No SEBI approval. Onboarding entity: Served via offshore VT Markets LLC (SVG) / VT Markets Ltd (Mauritius FSC).
Is VT Markets licensed to serve clients in India?
No SEBI/RBI authorisation; onboarded offshore. Checked on 09.07.2026.
How much does one round turn cost at VT Markets?
About 6.0 USD per standard lot on EUR/USD. The median across brokers measured for India is 7.0 USD.
What leverage does VT Markets offer to retail clients in India?
Up to 1:500. leverageGeo: Up to 1:500 (offshore).
Which trading platforms does VT Markets support?
MT4, MT5, app/WebTrader. Instruments: FX, indices, commodities, shares, ETFs, crypto CFDs.
How can I withdraw money from VT Markets in India?
Cards, wire, e-wallets; India-specific rail (UPI/local bank) not verified at review.
What account types does VT Markets offer?
Standard STP, Raw ECN, Pro ECN, Swap-Free, Cent. Min USD 100 (Cent from USD 50).
Does VT Markets offer a swap-free (Islamic) account?
Yes. VT Markets offers a swap-free (Islamic) account to India residents.

Cost calculator (median of 65 priced of 90)

VT Markets, per month120.00 USD
India median, per month140.00 USD

EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a INR conversion because the exchange rate is not part of our data.

Verified · Sources

Verified01.10.2026
next review 01.01.2027