Multi-asset
broker VT Markets reported increased trading volumes and operational expansion
in 2024, according to the company’s annual performance update released today (Tuesday).

The firm
reported a year-over-year trading volume increase of 150%, while expanding its
workforce to approximately 600 employees across 27 offices. VT Markets also
received Approved Broker Member status
from the Financial Commission, an independent external dispute resolution
organization.

VT Markets Reports 2024 Growth,
Eyes Asian Expansion

“With a two-fold growth in gross deposits and first-time trades, respectively, VT Markets has seen its customer base and trading activity grow to new heights,” the company commented. “The numbers speak for themselves –
traders are flocking to VT Markets in record numbers, fueling its expansion and
global success.”

The company
expanded its institutional relationships in 2024, establishing partnerships
with Formula E team Maserati MSG Racing and English Premier League club
Newcastle United. VT Markets also implemented a client fund insurance program
with coverage up to $1 million per client.

The company
indicated plans to focus on Southeast and Central Asian markets in 2025, though
specific growth targets were not disclosed. VT
Markets currently operates in over 160 countries, providing trading
services across various financial instruments through its mobile platform.

Maxwell Becomes Global
Strategy Operations Lead

In a separate
personnel move, the
firm appointed Ross Maxwell as Global Strategy Operations Lead in November.
Maxwell, who brings over two decades of financial markets experience from
positions in London and Hong Kong, is tasked with developing educational
content and market analysis for the broker’s clients.

“I am
thrilled to be joining VT Markets at such a pivotal time in its growth,” Maxwell
commented. “The company’s commitment to empowering traders through education
and strategic insights is something I deeply align with.

Maxwell’s
responsibilities will include producing market analysis covering economic
trends, market developments, and trading strategies. The role encompasses
providing research and commentary on financial markets for the firm’s clients.

“I look
forward to collaborating with the talented team at VT Markets and helping shape
the future of trading by providing traders with the tools and knowledge they
need to succeed in an increasingly complex global market,” Maxwell added.