Virtual Markets Review 2025

I opened an ECN account with Virtual Markets and deposited $500. The promised spreads starting at 0.1 pips were a myth: EUR/USD consistently had over 1.5, and crosses reached up to 3. Execution without delays didn’t materialize—orders lagged by 2 to 4 seconds. I experienced frequent slippage. The platform is basic and buggy, the depth of market is empty, and reporting is minimal. The real problem started when I requested a withdrawal. Two weeks later—silence. No response to emails, and verification is still “in process.” My money is stuck.

I first saw ads from Virtual Markets promoting a $100 minimum deposit, friendly conditions, and zero commissions. I opened a basic leveraged account and made a few trades each week. After a month, I tried to withdraw $300. That’s when the issues began: document requests, a “security review,” then total silence. A few days later, I couldn’t access my dashboard. Before that, an “analyst” aggressively pushed me to deposit $5,000. I’m relieved I didn’t.

Virtual Markets seemed reliable: modern website, clean interface, attractive terms. I registered, verified my account, and deposited $200 to trade stock CFDs. The spreads were outrageous—6–7 points on Tesla despite claims of competitive pricing. After a few weeks, the platform began lagging. When I tried to close a trade, I got an error. Support responded with an auto-reply. Soon after, the site became unusable.

I deposited $500 to test their “low commission” account. They promised tight spreads and one-click execution. Instead, price charts lagged, and trades were delayed by up to five seconds. I lost $40 in slippage on the first day. Trades sometimes didn’t even appear in history. When I requested a withdrawal, they asked for more documents and “source of funds” info. Support gave canned responses. A total letdown.

They promised 24/7 support, personal managers, analytics, and training. After depositing $500, an “analyst” immediately pressured me to increase my deposit in exchange for hedge fund signals. The platform only offered 1:100 leverage, and trading without it was impossible. Sloppy execution pushed my account into the red. When I tried to recover funds, support stopped replying and the phone line was dead. It felt like a scam.

The Saint Lucia registration was an immediate red flag—no license, no real documentation. They advertised ECN accounts, but this was just a classic bucket shop. I traded GBP/JPY, and the spreads were way higher than advertised. The platform crashed during news events, and support avoided any withdrawal-related questions. Eventually, I couldn’t access my account. My funds disappeared.

They promised “the fastest withdrawals,” but I’ve waited two months. I deposited $1,000 and traded cautiously. When I tried to withdraw $350 in profit, it became a circus—more document requests, no updates, and eventually a “technical maintenance” excuse. Now, my account is inaccessible. I later learned their legal address matched another vanished broker. It’s likely part of the same scam.