On Sitejabber, businesses may not offer incentives or pay to remove reviews. Learn more about our Review Guidelines.
VCG Markets has a rating of 4.8 stars from 9 reviews, indicating that most customers are generally satisfied with their purchases.
Keep an eye on overnight swaps if you hold trades longer than usual, for weeks or months. They can quietly eat into profits if you don't factor them in. I checked swap tables before committing to swing trades, gotta admit, they're not the lowest, some major pairs are highly expensive in terms of swaps, while others are cheaper.
Some may neglect using it and it's completely opposite for me, I'm trying to use it as much as I can to sharpen my skills. I had a bad first experience with live acc, because i had no exp. Now I understand the game, backtested for a while and now I feel so much more confident on a live account.
'Discover how to read and interpret technical analysis Like a Pro!' - was very useful here, and was free.
Some fake gurus on the web try to make me pay $69, $490 for a similar course =D but this one, much better, from real trader, and all for free (I got it from just registering with them, didnt even pay anything). The teaching style is good, and I have got all the info about trading. Made my first few ETH trades last week, since it was moving a lot, and earned some from positive swaps on GBP/JPY too.
So far, for me personally its an easy 5. Gave me more than I gave them, thats for sure.
- accounts can be better balanced, because premium is still a bit more expensive and I'd like it to be more affordable, or there can be one more account inbetween
- payments are nice and smooth, e-wallets are there and deposit arrived quickly
- spreads are not that wide on standard, if we are talking forex majors and other popular assets
- analytical help is there as well
Ok, for me Metatrader platformn abundance is something that talks directly about the reliability of the broker. Idk why just more experienced people from my circle advised this. It looked clean and neat so I opened an account. What they forgot to mention is how hard it might be trading there. Too much new knowledge and advanced features, like analytics from trading central. Everybody likes in tecknical side and it gave me results but what orders to open I hesitated.
My final opinion, the platform is ok, if the time spend on its learning. For traders who is familiar with it, I guess very decent option.
Only does 1 thing here - Market Buzz. It shows which assets are talked about online today (or last 30,90 days). For example, I saw that EUR/INR is the top-3 most popular pair, interesting. And USD/CNH second popular. Never even heard about such a pair xD But actually turns out, its present on VCG too. Started trading it, going kinda allright. At least its liquid, hey.
VCG's keeping it safe, and i respect that. Here, my checklist of the safety features:
Regulation - check
Negative balance stop - check
Funds separation - check Safety should ALWAYS come first, and I'm tired of broker who put fees above everything else
No significant negativity in vcg markets reviews, for not giving them a shot. I liked their MT5, which operates smoothly without interruptions. Great speed of withdrawals! I noted
Answer: On the first look u might say that not much makes it different, but if you trade for a while you will notice things. First of all, it is trading costs. If you are a trader using intraday techniques, then spreads are important, and here they are in tight range. Well, surely during some economic data releases they get widened, but that is the nature of the market and all brokers have it, but apart from that the range is tight. Then, if to take longer period trading, then swpas come into play, I have had here positions held for more than several weeks and never had huge costs... Apart from that, there is VCG social trading app, basically VCG social is a platfrom just like copytrading, there you can find top performing traders and replicate their trades. Great feature for beginners and soem side income for more experience traders as well. THe trading app itself is also nice, it has all the neccessary tools, I like the section on market news, for example, whever a major news related to the stock is released, i double check the price, I usually look for associated pattern...
Answer: There is a bunch of cryptocurrneis available on the paltrofm. Especially de-fi altcoins, this is a main trend right now and everyone wants to trade only cryptos that are useful for society. A few of memcoins available also but I don’t trade them, they’re not logical, a trash for gambling players.
Answer: From my experience, if you’re looking for something simple but with a cutting-edge user interface, then choosing their mobile app may be a good choice for you. On the other hand, if you’re a trader with some experience and prefer to use advanced indicators and tools for complex trading, then going for the MT5 is a better choice.
Answer: Sure they can! If you're willing to deposit 5k, the spreads will be much lower and you're going to get sick perks like instant withdrawals and VIP level support. You shouldn't feel like you have to join it though; I think it's worth it if you can comfortably afford it and find these features interesting, but in any other case not joining the club is not that big a deal either