FAQ
- Vita Markets is a reliable European broker with a CySEC (Cyprus Securities and Exchange Commission) license.
- Professional support is always there for you — right in the app chat. The average response time is just 2 minutes during trading hours.
- A user-friendly app with an intuitive interface makes trading easier than ever.
Vita Markets provides access to 1000+ securities, including:
- highly liquid stocks of world-class companies;
- 150+ ETFs fitting different investment strategies and purposes;
- bonds.
In the app, you can find stock picks, regular analytical digests, and other info that comes in handy when you have to weigh the risks and make a decision on investing.
You’ll have access to a huge amount of securities at different prices, so you can start trading with as little as $10.
To open a brokerage account in the Vita Markets app, you need to be: a) an individual; b) at least 18 years old.
- A passport or an ID card having at least 12 months of validity remaining.
- A document confirming your current residential address in one of the following countries:
- EU countries;
- Georgia;
- Kazakhstan;
- Kyrgyzstan;
- Uzbekistan.
- Bank statements
- Utility bills
- Internet, TV, or telephone bills
- Tax statements
- Screenshots of the documents mentioned above
- Lease agreements
- Mobile phone bills
- Medical bills
- Receipts and purchase invoices
- Insurance policies
Step 1. Enter your phone number. We will send you an SMS with a 6-digit confirmation code. Enter this code. If you haven’t received the code, tap “Send again.”
Step 2. Create an access code and confirm it by re-entering. If you don’t set an access code, you’ll have to start all over again next time and log in to the app with your phone number.
Step 3. Tap “Open account” → “Start.”
Step 4. Take photos of your documents — and of yourself. We only need this to open an account for you. All the data is encrypted and secured.
You’re gonna need:
Step 6. Wait until we verify everything. You can track the verification status in “Portfolio.”
Step 7. Sign the documents with an SMS code. We will open the account within a few minutes.
Step 2. Create an access code and confirm it by re-entering. If you don’t set an access code, you’ll have to start all over again next time and log in to the app with your phone number.
Step 3. Tap “Open account” → “Start.”
Step 4. Take photos of your documents — and of yourself. We only need this to open an account for you. All the data is encrypted and secured.
You’re gonna need:
- The photo of your identity document. Select your country of citizenship. Then select the document you wish to use — a passport or an ID card — and take a photo. Make sure your name, photo, date, and place of birth, as well as the number of the document, are clear and readable.
- The photo of your proof-of-address document.
- Your selfie. Make sure your facial features are clearly visible. No other objects can be visible in the photo. Lighting and color should be balanced, not too dark or too light. If the photo isn’t valid the app will warn you.
- Your e-mail.
- Do you have a business in a different country? If so, please select the country in which you do business.
- What is your occupation?
- Are you a politically exposed person? Or have you been a politically exposed person, its relative, or business partner in the last year? A politically exposed person is a person entrusted with important public functions within the country. For example, a statesman, head of a state corporation, a member of the Supreme Court, etc.
- Where does the money for investment come from?
- What is the size of your fortune?
- What is your annual income?
- For how long do you plan to invest?
- What are your plans for monthly turnover?
- How many transactions per month do you plan?
- From and where to will you transfer money?
- What country issued the card (opened the banking account) by which you're planning to top up your brokerage account?
- What country issued the card (opened the banking account) you're planning to use to withdraw money from your brokerage account?
Step 6. Wait until we verify everything. You can track the verification status in “Portfolio.”
- If everything is OK, tap “Continue” once you get a notification.
- If the verification isn’t passed, tap “Details.” We’ll explain what’s wrong and you’ll be able to make it right and try to pass the verification again.
Step 7. Sign the documents with an SMS code. We will open the account within a few minutes.
Probably, the statement does not include your full address. If your bank doesn’t issue such statements online, you should visit the nearest branch to get one.
We won’t be able to accept the document:
- if it's not in the list of eligible documents above;
- it doesn't contain the full residential address and your first and last name;
- it was issued more than 6 months ago;
- the data is poorly visible, the text is not readable;
- the address indicated in it is not in the EU, Georgia, Kazakhstan, Kyrgyzstan, or Uzbekistan;
- you use the same document both as proof of identity and as proof of address (for example, you uploaded a passport and took a photo of the residential address from the same passport).
This is a requirement of our governing law. We don't send your answers anywhere else. They don't affect the app functionality.
We won't be able to open a brokerage account for you:
- if you haven't provided a proof-of-address document;
- you are a U.S. person.
Open «Portfolio» and tap «Deposit».
You can top up your account:
You can top up your account:
- by card;
- by SWIFT transfer.
We have only one plan. Here are its terms:
Account maintenance: no fee.
Commissions for trading and safekeeping:
Top-up and withdrawal fees: we don’t charge any. But the sending bank and the receiving bank can have them.
Account maintenance: no fee.
Commissions for trading and safekeeping:
- Equities and ETFs: trading — $0.025 per share, min charge — $1.5 per order
- Bonds and T-Bills: trading — 0.3% of trade value; safekeeping fee — 0.2% of portfolio value per year
Top-up and withdrawal fees: we don’t charge any. But the sending bank and the receiving bank can have them.
You can place limit and market orders in the app.
Limit order allows you to buy and sell stocks at a specified price or better. Order is active until the trading on stock exchange stops. If the last price on exchange doesn’t reach the price you've set, the order will be canceled.
Market order allows you to buy and sell stocks at current market prices. Stock price can change very fast, even in a split second. This is why the order can be executed in multiple trades with various prices.
Limit order allows you to buy and sell stocks at a specified price or better. Order is active until the trading on stock exchange stops. If the last price on exchange doesn’t reach the price you've set, the order will be canceled.
Market order allows you to buy and sell stocks at current market prices. Stock price can change very fast, even in a split second. This is why the order can be executed in multiple trades with various prices.
VM Vita Markets Ltd. is not a tax agent for the client. You need to calculate and pay the income tax on your own.
W-8BEN form, in some cases, allows you to reduce the tax for dividends and interest from U.S. shares.
- Brokerage report with information on operations and assets
- Details for SWIFT transfers
- Terms & Conditions
Just drop us a line in the app chat. We’re there during trading hours.
Risk Disclosure
Any investment in financial instruments entails substantial risks, the degree of which depends on the nature of each investment and may not be suitable for all investors. The value of any investment may increase or decrease, and investors may lose all their invested capital. In leveraged financial products, losses may be more than the initial invested capital. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience, risk tolerance and, if necessary, seek advice from an independent financial advisor.
VM VITA MARKETS LTD does not provide any advice or recommendations via its corporate website, mobile App, any other public platforms or social networks and any information contained therein is provided for information purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any securities or other financial instruments and/or services.
Any investment in financial instruments entails substantial risks, the degree of which depends on the nature of each investment and may not be suitable for all investors. The value of any investment may increase or decrease, and investors may lose all their invested capital. In leveraged financial products, losses may be more than the initial invested capital. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience, risk tolerance and, if necessary, seek advice from an independent financial advisor.
VM VITA MARKETS LTD does not provide any advice or recommendations via its corporate website, mobile App, any other public platforms or social networks and any information contained therein is provided for information purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any securities or other financial instruments and/or services.
Legal disclosure
VM Vita Markets Ltd is regulated and supervised by the Cyprus Securities and Exchange Commission with a CIF Licence number 373/19
VM Vita Markets Ltd is regulated and supervised by the Cyprus Securities and Exchange Commission with a CIF Licence number 373/19
Copyright 2022 by VM Vita Markets LTD | All rights reserved