Vantage FX Broker Review Forex & Stock Trading at Vantage FX
Overall, the writer of this Vantage review found that using the platform is relatively simple. If you have any previous experience of similar trading platforms, then using it shouldn’t be too much of an issue. The website itself is well laid out, and a useful search bar allows you to pull up any information you might be searching for in an instant. The trading experience via the MetaTrader 4 and MetaTrader 5 platforms is very much what you have come to expect. The MetaTrader 5 platform in particular has really been streamlined with this latest update.
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My assessment found that fees at Vantage are competitive, especially in the higher account tiers. The best part is that you only need $50 to access raw spreads in the ECN account, but there are commissions to be aware of. I want to stress that while high leverage can boost potential profits, it can also cause significant losses. I strongly recommend employing risk management tools such as stop-loss orders. As you can see from my comparison of suitable alternatives below, Vantage rivals popular brokers when it comes to the breadth of markets. Traders can access a free demo account at Vantage which gives you $100,000 in virtual funds to practice with.
What are the conditions for Traders of Vantage Markets?
The prices of all Vantage FX Indices are based on the underlying price of the index’s corresponding stock market. Start trading the most liquid financial market in the world and capitalize on global economic volatility. All Vantage Forex traders are able to exploit volatility on global markets, with seamless 24-hour access. Vantage offers https://limefx.name/ this access to global FX Markets via its powerful MetaTrader 4 (MT4) platform. Access 40+ Forex Pairs including major, minor and exotic currency pairs. Whilst MT4 remains the most popular trading platform, its successor MT5 has some additional features whilst maintaining the overall intuitive feel and features of its predecessor.
FAQs – The most asked questions about the broker Vantage Markets:
Unlike most other regulated brokerages, Vantage offers a cash bonus, as well as access to real ECN execution. With spreads starting from 0 pips, its trading conditions are nothing to sneeze at either. Vantage scores highly regarding how easy it is to contact the customer support team. The broker steers users towards its ‘VIVA’ Live Chat service, which offers an immediate response time; however, when you contact VIVA initially, you will be met by an automated response system. The prompts offered to our queries were helpful and steered our testers towards resolving their problems. As mentioned above, the size of spreads and accrued commission depends on the type of trading account that a trader uses.
A VPS uses an external server to manage your trading connectivity ensuring that the MT4 platform is running 24 hours a day and is not subject to downtime caused by electrical or computer problems. Many Forex traders use VPS technology to ensure that their Expert Advisors (Forex trading robots) can run non-stop. If you maintain a minimum account balance of $1,000, you can apply for a free forex VPS. The Smart Trader Tools Package allows the Vantage MT4 and MT5 platforms to rival even the most advanced institutional trading platforms on the market. This can further level the playing field between retail traders and the world of institutional trading, participated in by the banks. Choose the professional traders you wish to follow and diversify your Forex trading risk around multiple strategies.
There are also no inactivity fees, which is a bonus for casual investors. I think Vantage could improve its market coverage by introducing Asian share CFDs from exchanges like the Shanghai or Tokyo Stock Exchanges. My only minor complaint is that the selection of shares is lighter than some brokers like CMC Markets.
Vantage Markets is an international Forex broker, with headquarters in Australia, and offices in three other countries. They are licensed and regulated in Australia by ASIC and in United Kingdom by the FCA. However, international customers will be trading with their Vanuatu or Cayman Islands branch. Steven Hatzakis is the Global Director of Research for ForexBrokers.com.
I would compare ProTrader to cTrader in terms of platform capabilities. Unfortunately, Vantage do not currently provide cTrader but you can get it from Purple Trading if it is a platform that you are familiar with and would like to use. This may not make a great difference if you are holding positions for days, weeks or months. However, it can have a big impact on scalpers who hold trades for a few seconds or minutes. In this instance, even the smallest differences in price can have a significant impact on results. During our testing, we found ourselves in a short queue, and the first interaction was with the broker’s virtual assistant VIVA.
Nothing on this website should be considered a recommendation or endorsement. We are not responsible for any losses you may incur, by investing with a company mentioned on this website. Always verify that your broker, is licensed by your local financial scammed by limefx regulator. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes.
Liquidity brokerage partners are some truly high-profile legal entities in their own right. Founded in 2009, Vantage is indeed a major brokerage agency based in Australia, operating in one of the most stringent regulatory jurisdictions and prosperous. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have traded with Vantage we would really like to know about your experience – please submit your own review. This average customer rating is based on 3 Vantage customer reviews submitted by our visitors.
Vantage does point out that some payment options might incur charges levied by third parties, so checking the small print can save paying unnecessary fees. Options offered by the broker, MAM / PAMM accounts, are obviously intended for those who are looking for high-performance trading solutions. With this option, you can manage multiple accounts, which is very useful for experts trading for multiple clients.
- Additionally, I didn’t find a history of scams or malpractice at Vantage during my research.
- To allow a final verdict, the support and service for traders must also be tested.
- One of the standout features of an account set up with Vantage is the wide choice of base currency options available.
- From our experience, there are no disadvantages except the language barrier in English using the support.
The MAM/PAMM account options offered by the broker are obviously aimed at those looking for high-performance trading solutions. Multiple accounts can be managed through this option – very useful for experts trading for several clients. When it comes to trading platforms, the diversity of Vantage ‘s offer is unparalleled. While most of the reviews/feedback shared by users of the brokerage through various portals are positive, there are always a few dissenters. He has several years experience in the forex trading business and has started to trade in Bitcoin and other crypto markets too.
One such incident saw it deny payment to one of its IBs (Introducing Brokers). After the said affiliate posted a complaint about the operator at one of the review portals, Vantage allegedly offered to pay him only if he first removed the said complaint. Whether or not such stories are true, is quite impossible to verify at this point. Their mere existence and implied credibility raises a few red flags though. Founded in 2009, Vantage is indeed a major brokerage based in Australia, operating under one of the strictest regulatory jurisdictions and thriving. The next stage of the process involves deciding whether you want your account to be denominated in USD, EUR, or GBP.
Vantage offers numerous free educational materials in the library section of their website which are accessible to their registered clients. These materials are in several formats, including articles, courses, and tutorial videos and cover topics ranging from trading market updates, forex guidelines, and trading psychology. Vantage have partnered with Trading Central to provide daily market commentary, global financial news, and in-depth market analysis, conveniently accessible from the Vantage app. The AutoTrade service is an online FX trade copying platform with over 90,000 FOREX traders. Connect a Vantage account with AutoTrade to auto copy and trade with access to in-depth analysis and statistics.
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