According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $100
- MetaTrader4
- MetaTrader5
Our Evaluation of Vida Markets
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Vida Markets is a high-risk broker with the TU Overall Score of 1.92 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Vida Markets clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
Brief Look at Vida Markets
Vida Markets is a trading name of Vida Markets Limited, registered in Anguilla. It offers three account types: STP, Raw, and Swap Free, with a minimum deposit of $100. The broker supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for their comprehensive suite of analytical tools and technical indicators. Vida Markets is regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under license number 42734.
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- FSCA regulation;
- Variety of trading instruments;
- Competitive spreads from 0.1 pips on the Raw account;
- High leverage up to 1:1000;
- Support for MT4 and MT5 available across multiple devices;
- Educational resources, including webinars, videos, and trading guides;
- 24/5 multilingual support.
- High minimum deposit requirements for certain account types;
- Limited regulatory oversight compared to brokers from major financial centers.
TU Expert Advice
Author, Financial Expert at Traders Union
Vida Markets offers a variety of trading instruments, including Forex, metals, stocks, indices, and commodities, through MetaTrader 4 and MetaTrader 5 platforms. Traders can choose from three account types: STP, Raw, and Swap Free, with minimum deposits starting at $100. The broker provides competitive spreads from 0.1 pips on the Raw account and leverage up to 1:1000. Educational resources, such as webinars and trading guides, alongside 24/5 multilingual client support, offer additional advantages for traders at all levels.
Despite these benefits, Vida Markets faces notable drawbacks, including limited regulation outside South Africa and high minimum deposits for certain account types. Additionally, the broker's range of trading assets is relatively limited, and its client support and educational resources score below industry average. Given these factors, while Vida Markets may appeal to traders seeking high leverage and analytical tools, it may not be suitable for those who prioritize comprehensive regulatory oversight and diverse asset offerings.
Vida Markets Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | MetaTrader 4 and MetaTrader 5 |
|---|---|
| 📊 Accounts: | STP, Raw, and Swap Free |
| 💰 Account currency: | USD, EUR, and GBP |
| 💵 Deposit / Withdrawal: | Bank transfers, bank cards, Skrill, and Neteller |
| 🚀 Minimum deposit: | $100 |
| ⚖️ Leverage: | Up to 1:1000 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 lots |
| 💱 EUR/USD spread: | 0,2 pips |
| 🔧 Instruments: | Forex, metals, futures, commodities, stocks, indices, and cryptocurrencies |
| 💹 Margin Call / Stop Out: | 80%/50% |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | MT4 and MT5 mobile apps |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | Competitive spreads; High leverage; Free VPS; Variety of account types; Comprehensive educational resources. |
| 🎁 Contests and bonuses: | Occasional promotions and bonuses |
Vida Markets provides a reliable trading environment with various instruments and competitive trading conditions. It supports MT4 and MT5 available across multiple devices, providing flexibility for traders.
Vida Markets Key Parameters Evaluation
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Trading Account Opening
To log in to the Vida Markets website, a username and password are required.
Create a user account online by following a few simple steps:
Choose the account type that best suits your investment goals and strategies, and click the button to open it.
Provide your personal information in the account opening form. Also, set a password for your first login to your user account. Remember to change your password every three months. Finally, upload documents verifying your identity and address.
Regulation and safety
Vida Markets has a safety score of 5.8/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
Vida Markets Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 FSCA SA |
Financial Sector Conduct Authority of South Africa | South Africa | No specific fund | Tier-2 |
Vida Markets Security Factors
| Foundation date | - |
| Negative balance protection | Yes |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker Vida Markets have been analyzed and rated as Low with a fees score of 9/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of Vida Markets with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, Vida Markets’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
Vida Markets Standard spreads
| Vida Markets | Pepperstone | OANDA | |
| EUR/USD min, pips | 1,2 | 0,5 | 0,1 |
| EUR/USD max, pips | 1,9 | 1,5 | 0,5 |
| GPB/USD min, pips | 0,4 | 0,1 | |
| GPB/USD max, pips | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
Vida Markets RAW/ECN spreads
| Vida Markets | Pepperstone | OANDA | |
| Commission ($ per lot) | 2,5 | 3 | 3,5 |
| EUR/USD avg spread | 0,2 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,4 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with Vida Markets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
Vida Markets Non-Trading Fees
| Vida Markets | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
Vida Markets offers a variety of account types, each tailored to specific trading preferences and asset classes. Clients can open multiple account types.
Deposit and withdrawal
Vida Markets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
Vida Markets provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- BTC available as a base account currency
- Bank card deposits and withdrawals
- Minimum deposit below industry average
- Bitcoin (BTC) accepted
- Limited deposit and withdrawal flexibility, leading to higher costs
- PayPal not supported
- Wise not supported
What are Vida Markets deposit and withdrawal options?
Vida Markets provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, BTC.
Vida Markets Deposit and Withdrawal Methods vs Competitors
| Vida Markets | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | Yes | No | No |
What are Vida Markets base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Vida Markets supports the following base account currencies:
What are Vida Markets's minimum deposit and withdrawal amounts?
The minimum deposit on Vida Markets is $5, while the minimum withdrawal amount is $25. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Vida Markets’s support team.
Markets and tradable assets
Vida Markets offers a limited selection of trading assets compared to the market average. The platform supports 53 assets in total, including 34 Forex pairs.
- Crypto trading
- Indices trading
- Limited asset selection
- Bonds not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by Vida Markets with its competitors, making it easier for you to find the perfect fit.
| Vida Markets | Plus500 | Pepperstone | |
| Currency pairs | 34 | 60 | 90 |
| Total tradable assets | 53 | 2800 | 1200 |
| Stocks | Yes | Yes | Yes |
| Commodity futures | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products Vida Markets offers for beginner traders and investors who prefer not to engage in active trading.
| Vida Markets | Plus500 | Pepperstone | |
| Bonds | No | No | No |
| ETFs | No | Yes | Yes |
| Copy trading | No | No | Yes |
| PAMM investing | Yes | No | Yes |
| Managed accounts | No | No | No |
Customer support
Vida Markets provides 24/5 client support, unavailable on national holidays.
Advantages
- Multilingual client support, including English, Spanish, and French
- Call center is available
Disadvantages
- Online support is limited
- The broker's office can only be visited by appointment
Available communication channels include:
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Hotline;
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Email;
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Live chat;
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Feedback form;
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Visit to the office.
Vida Markets provides support to both existing clients and potential investors, even those who do not currently have active accounts.
Contacts
| Registration address | Anguilla, The Valley, Babrow Building |
|---|---|
| Official site | https://www.vidamarkets.com/ |
| Contacts |
+44 203 150 1111
|
Education
Vida Markets clients can access information about its trading conditions, explore various trading concepts, and stay updated on market trends and the latest industry developments. The available educational resources include webinars, videos, and trading guides, helping traders of all levels enhance their skills.
Comparison of Vida Markets with other Brokers
| Vida Markets | Eightcap | XM Group | RoboForex | |
| Trading platform |
MetaTrader4, MetaTrader5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader |
| Min deposit | $100 | $100 | $5 | $10 |
| Leverage |
From 1:1 to 1:1000 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
| Trust management | No | No | No | No |
| Accrual of % on the balance | No | No | No | 10.00% |
| Spread | From 0.1 points | From 0 points | From 0.8 points | From 0 points |
| Level of margin call / stop out |
80% / 50% | 80% / 50% | 100% / 50% | 60% / 40% |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution |
| No deposit bonus | No | No | No | No |
| Cent accounts | No | No | No | Yes |
Detailed Review of Vida Markets
Vida Markets offers its clients a variety of tools and resources for market analysis, investment decision-making, and portfolio monitoring. Availability of MT4 and MT5, analytical reports, newsfeeds, and a variety of analysis tools helps investors choose strategies that align with their financial goals, acceptable risks, and trading preferences. Vida Markets also provides access to over 300 financial instruments, including currency pairs, indices, stocks, and commodities. The broker is regulated by the Financial Sector Conduct Authority of South Africa, which ensures investment security. Vida Markets offers high-quality client service and provides 24/5 support.
Vida Markets trading platforms:
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MetaTrader 4. This is a widely-used online trading platform, suitable for both novice and experienced traders.
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MetaTrader 5. It provides access to a wider range of trading instruments and features, including 21 timeframes, 38 indicators, and automated trading.
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VM Social. This is a copy trading platform that enables automation of the trading process by copying strategies of successful traders.
Vida Markets by the numbers:
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300+ financial instruments;
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24/5 multilingual support;
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3 account types;
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Minimum deposit is $100;
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Spreads start from 1.2 pips on the STP account and from 0.1 pips on Raw;
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Leverage up to 1:1000.
Useful services offered by Vida Markets:
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Access to over 50 currency pairs traded with competitive spreads and high leverage;
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Trading spot metals, stocks, futures, indices, and commodities is supported for portfolio diversification;
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MetaTrader 4 and MetaTrader 5 are accessible across multiple devices;
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Educational materials, including webinars, videos, and trading guides, help traders enhance their skills.
Promotions and bonuses:
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IB partnership program with rewards up to $5,000;
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Deposit bonus up to $5,000;
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Loss recovery bonus up to $4,000.
Advantages:
Partnership programs with generous rewards for passive income;
Trading platforms available on desktop and mobile devices;
Comprehensive analytical data and market reports with regular securities and derivatives market updates, morning market overviews, and expert insights;
Free ATS (Automated Transfer System) withdrawals;
Competitive conditions for account types, providing flexibility and convenience.
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