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Broker Details
VCG Markets is an online trading broker that trades on Cryptocurrencies, Forex, indices, Commodities, US shares, EU shares, and UK Shares. This broker is based on MetaTrader5. This is available for download on Windows, iOS, and Android devices. Besides having software for various platforms, it is also available as a webtrader.
VCG Markets offers two types of accounts to their clients. These two accounts are titled Standard and Premium. Both of these accounts have some conditions and features. Both of these accounts require different levels of minimum deposit. Both of these accounts have the same tradable instruments. Traders can trade more than 60 currency pairs, 4 precious metals, and 28 CFD instruments from any of these two accounts. Both of these accounts come with a free demo account and the minimum tradable size is 0.01 lot. The maximum orders open for traders is 500 on both of these accounts and the base currencies are USD, EUR, GBP.
The Standard account starts with a minimum deposit of $100. The minimum spread in this account is 1.4 pips on forex. The maximum leverage available for forex and metal is 1:500 in this account and 1:200 for CFDs. The stop-out level on this account is 30% and there is no commission in this account.
The Premium account starts with a $5,000 minimum deposit. The spread in this account starts from 0.0 pips. The leverage scheme for this account is just the same as the Standard account. This account has dynamic leverage for forex and precious Metals, CFD’s and Equities just like the Standard account.
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