General Information
Vita Markets Is A Trading Brokerage Operating Under The Supervision Of Cysec. Established With, A Minimum Deposit Requirement Of $250 For Both Standard And Crypto Accounts, It Offers Floating Spreads And A Variety Of Trading Instruments Including, Forex, Stocks, Indices, Commodities And Cryptocurrency CFDs. While Specific Details About Leverage And Trading Platforms Are Not Provided, Clients Can Access Client Server By Phone And Email. Payment Methods Are Also Currently Unavailable.
Pros And Cons
Vita Markets, Cysec Regulated, Offers, Mainstream Products, But With Mixed Reputation. The Website Lacks Important Information, And The Lack Of Live Chat Support May Slow Down The Resolution Of The Issue. The High Minimum Deposit Amount May Deter Some People, As Well As The Lack Of Leverage And Payment Information, And The Absence Of An MT4 Or MT5 Platform, Leaving Traders Wanting Greater Transparency And Diversity.
Pros: CYSEC Regulated, Offers Popular And Mainstream Products
Cons: Mixed Reputation, Official Website Lacks Necessary Information, Does Not Support Online Chat, Minimum Deposit Is Not Friendly, No Information About Leverage, Payment Methods, Does Not Provide MT4 Or MT5 Trading Platform
Market Tools
At Vita Markets, Clients Can Find Various Trading Options, Covering, CFDs For Forex, Stocks, Indices, Commodities And Even Cryptocurrencies. However, Some Other Popular Trading Tools, Such As Stocks, ETFs, Are Not Allowed To Be Used By Clients.
Account Types
Vita Markets Offers Three Types Of Trading Accounts:
Standard Account: This Account Offers Average Spreads, No Commissions, And Is Perfect For Both Beginners And Experienced Traders. To Open A Standard Account, A Minimum Deposit Of $250 Is A Must.
ECN Account: The ECN Account Is Tailored For Experienced Traders Looking For Narrower Spreads, With Raw Spreads And A $7 Commission Per Lot Traded. To Open An ECN Account, A Minimum Deposit Of $500 Is A Must.
Cryptocurrency Account: Designed For Cryptocurrency Enthusiasts, It Offers Floating Spreads With No Commission. To Open This Account, A Minimum Of $250 Is Required.
All Three Accounts Offer The Same Range Of Trading Products, Including Forex, Stock CFDs, Indices, Commodities And Cryptocurrencies.
Leverage
Vita Markets, Due To Cysec Regulation, Can, Offer A Maximum Leverage Of 1:30. This Limit Exists To Ensure Responsible Risk Management For Traders (especially Those New To Trading). Vita Markets Does Not Specify The Leverage Offered By Different Trading Instruments.
Spreads And Commissions
The Spreads And Commissions You Will Experience When Trading Vita Markets Depends On The Specific Trading Account You Choose. This, The Standard Account, Account Type Has Floating Spreads, Which Means That Spreads Can Vary According To Market Conditions, And There Is No Need To Worry About Additional Commissions. This, The ECN Account, Offers Raw Spreads, Which Are Usually Very Low, But With A Commission Of $7 Per Lot Traded. This, The Crypto Account, Has Floating Spreads Just Like The Standard Account, And No Commissions Are Involved When Trading Cryptocurrencies.
Trading Platform
Unlike Many Other Brokers, Vita Markets Does Not Offer Well-known Trading Platforms, Such As Metatrader 4 Or Metatrader 5. Instead, Vita Markets Offers Its Known Proprietary Trading Application, As The Vita Markets App.
