Is VT Markets Safe? Licences, Warnings and Entities
Is VT Markets safe? Which VT Markets company actually holds your money, what the FSC Mauritius, FSCA and UAE licences cover, and the FCA, RBI and SC.
Reviewed by Hà Ngọc Lộc· Senior SEO Editor
Reviewed using our forex & CFD broker review methodology
VT Markets is a licensed broker, but the licence that covers trading for most clients is offshore. Global accounts are held by VT Markets Limited, an FSC Mauritius investment dealer (licence GB23202269). The group's FSCA (South Africa) and UAE CMA licences cover intermediary and promotion work only, not trade execution. Regulators in the UK (FCA warning), India (RBI Alert List) and Malaysia (SC Investor Alert List, 2021) have flagged the brand. VT Markets also says it does not serve the US, Singapore, India, Hong Kong or Russia. Whether it is "safe enough" depends on where you live and how much offshore regulation you accept.
The Four VT Markets Companies
| Company | Licence / registration | What it is allowed to do |
|---|---|---|
| VT Markets Limited (Mauritius) | FSC Mauritius, Full-Service Investment Dealer, GB23202269 | Deals with clients. This is the trading counterparty for global accounts |
| VT Markets (Pty) Ltd (South Africa) | FSCA FSP No. 50865 | Intermediary only under the FAIS Act; product supplier is VT Markets Limited |
| VT Markets (Pty) Ltd – Dubai Branch | UAE CMA License 20200000299, Category 5 | Introduction and promotion only; not authorised for brokerage or trade execution |
| VTMarkets Ltd (Cyprus) | Company reg. HE436466 | Provides services for other licensed group entities; not a trading licence |
Older VT Markets pages also mention ASIC. That licence is not in the current global-site footer, so don't treat it as covering a vtmarkets.com account.
Regulator Warnings
- FCA (UK): the warning page "VT Markets /
www.vtmarkets.com" says the firm is not authorised and may be targeting UK residents. UK clients would have no access to the Financial Ombudsman Service or FSCS. - RBI (India): vtmarkets.com is on the RBI Alert List of unauthorised forex trading platforms.
- SC Malaysia: "VT Markets" was added to the Investor Alert List on 26 August 2021.
- Singapore: VT Markets publishes its own notice saying it does not serve Singapore citizens or residents.
These warnings are country-specific. They say the brand is not licensed in that country. They do not say it is a scam elsewhere. If you live in one of these places, though, you would have no local protection.
What Offshore Regulation Means for You
FSC Mauritius supervision is real, but it is lighter than Tier-1 regulators. In particular:
- No UK FSCS, EU ICF or Australian-style compensation scheme covers a Mauritius account
- Leverage up to 500:1 is allowed, which magnifies losses as well as gains
- Disputes go to the broker first, then to the Mauritius regulator, not your local ombudsman
Watch Out for Impersonators
The FCA warning lists two websites under the VT Markets name: vtmarkets.com and tryvtmarkets.com. Other look-alike domains also appear in online review sites. Only fund an account through the domain on your signed account agreement or through the official app. Never send money to anyone who contacts you on Telegram or WhatsApp claiming to be VT Markets staff or an "account manager".
Safety Checklist Before Funding
- Confirm your country is not on the restricted list.
- Check that the account agreement names VT Markets Limited and the FSC licence GB23202269.
- Look up the licence yourself on the FSC Mauritius register.
- Start with a small deposit, then make a test withdrawal (see the withdrawal guide).
- Use lower leverage than the maximum.
For costs and platforms, read the full VT Markets review.
Official sources: FCA ScamSmart · VT Markets official site (vtmarkets.com).
Is VT Markets Safe? Licences, Warnings: Your Questions Answered
Is VT Markets regulated?
Yes. VT Markets Limited is regulated by the FSC Mauritius (GB23202269). The FSCA and UAE CMA licences belong to other group companies and only cover intermediary and promotion work.
Is VT Markets a scam?
No regulator has found VT Markets to be a scam. However, the FCA, RBI and SC Malaysia have flagged it as unauthorised in their own countries. Clone websites using the VT Markets name also exist.
Is VT Markets regulated by ASIC?
The current vtmarkets.com footer does not list an ASIC licence. Global accounts are held under FSC Mauritius.
Is VT Markets legal in India or Malaysia?
VT Markets is on the RBI Alert List and does not serve Indian residents. It was added to SC Malaysia's Investor Alert List in 2021. It holds no licence in either country.
Sources checked 2026-10-01: vtmarkets.com site footer and regulation notice; FCA warning page "VT Markets / www.vtmarkets.com"; SC Malaysia Investor Alert List update of 26 August 2021; RBI Alert List. We did not open a funded account for this guide.
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Sources & verification
- Last checked
- Written by
- HNL Growth Team
- Reviewed by
- Hà Ngọc Lộc
- Length
- 3 min read · 781 words
Rules, prices and payout terms on this page were checked against the official websites, help-centre articles and published terms of the firms mentioned, on the date above. Prop firms and brokers change conditions often — confirm the current version on the official site before you buy or deposit. Read our broker review methodology and affiliate disclosure.
Official sources & documentation verified
- www.vtmarkets.com(vtmarkets.com)
- FCA ScamSmart(fca.org.uk · Official Regulator)
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Ready to Check VT Markets?
VT Markets offers Standard STP and RAW ECN accounts (plus swap-free and cent versions), MT4/MT5 and copy trading in its app. Global accounts are held by VT Markets Limited under an FSC Mauritius licence. Check that your country is served before you register.
Risk disclaimer: VT Markets is a live, multi-entity forex and CFD broker. Global clients are onboarded by VT Markets Limited (FSC Mauritius, GB23202269); the FSCA and UAE CMA licences in the group are intermediary/introduction-only. The FCA (UK) has published a warning about vtmarkets.com, and VT Markets appears on India's RBI Alert List and SC Malaysia's Investor Alert List. CFDs carry a high risk of losing money rapidly. Affiliate disclosure: HNL Growth earns a commission when you open a VT Markets account through links on this page.