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Vida Markets Review

Forex BrokerUnknown

Vida Markets runs its trading service through an Anguilla company that its own website calls non regulated, while a related South African entity holds a narrower license.

Min Deposit

$50

Spreads From

0.0 pips (ECN account, plus a per lot commission)

Max Leverage

Up to 1:1000

Platforms

MetaTrader 4, MetaTrader 5

CFDs are complex instruments with high risk of losing money. Retail accounts lose money trading CFDs.

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Pros & Cons

Pros

  • Offers several account tiers from a low fifty dollar minimum deposit
  • Supports MetaTrader 4, MetaTrader 5, and social copy trading tools
  • Provides a wide range of instruments including forex and crypto CFDs
  • A linked South African entity does hold a real FSCA license number

Cons

  • The website itself calls its Anguilla trading entity non regulated
  • Vanuatu revoked this broker's financial dealers license in 2023
  • Independent tracker WikiFX scores the broker about 2.1 out of 10
  • WikiFX recorded 10 recent user complaints about this broker
  • A 2023 field visit found no office at its listed South Africa address
  • Multiple users report cancelled profits and blocked withdrawals
About Vida Markets

Vida Markets launched in 2022 and first held a Vanuatu financial dealers license, which Vanuatu revoked in 2023. Today the broker's own website states that the company running the service, Vida Markets Limited in Anguilla, is non regulated. A related South African company holds a real FSCA license, but only for discretionary asset management, not retail trading.

Accounts range from a Standard account at $50 with spreads from 0.8 pips to an ECN account at $500 with spreads near 0.0 pips plus a commission. Leverage can reach 1:1000. Trading runs on MetaTrader 4, MetaTrader 5, and social copy trading tools, covering forex, indices, commodities, shares, and crypto CFDs.

Independent tracker WikiFX scores Vida Markets about 2.1 out of 10 and recorded 10 recent complaints, including claims of cancelled profits, disputed stop outs, and blocked withdrawals. A 2023 field visit to its listed South African address found no office there. Treat any regulation claim here with real caution.

Key Facts

Min. Deposit

USD 50

Max Leverage

Up to 1:1000

Spreads From

0.0 pips (ECN account, plus a per lot commission)

Platforms

MetaTrader 4MetaTrader 5VIDA PAMMVM Social
Regulation & Safety
FSCA (South Africa) — 42734
Frequently Asked Questions

Score Breakdown4.2/5
Trust & Safety
0.0/5

Regulation, fund safety, track record

Trading Conditions
0.0/5

Spreads, execution, leverage

Platforms & Tools
0.0/5

Platform quality, charting, features

Research & Education
0.0/5

Analysis, webinars, learning materials

Customer Service
0.0/5

Support quality, responsiveness

Mobile Trading
0.0/5

Mobile app quality, features

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