Vantage FX Trading Platform Reviews, FAQs, Pros and Cons

When you connect your Vantage account to DupliTrade, you gain access to a folio of hand-picked prop traders. Then, you simply choose the traders you want to copy based on their performance, strategy and trading style, and their trades will be duplicated on your Vantage MT4 or MT5 account. Perfect for both new and experienced traders who want to access the markets while on the go, the convenient MT4 and MT5 apps by MetaQuotes are fast, reliable and compatible with both Android and iOS devices. Energy commodities are some of the most important commodities in the world because they are used to power the economy.

  • As a result the traders can initiate unlimited practice trading without risking real money.
  • However, payments to and from overseas banking institutions may attract intermediary transfer fees from either party independent of Vantage FX.
  • Once you register with the broker, you are able to view your available deposit and withdrawal methods when you log in to the client portal.
  • We’re quite strict on how we rate particular broking firms with regard to forex trader education, as we believe it’s an area the industry could greatly improve on.
  • By checking them out regularly, you’ll be able to improve your trading skills.

When it comes to the client helpdesk, Vantage FX provides 24/5 assistance via live chat, phone, and email. Here are some of the support options to get in touch with the ASIC regulated forex broker. ECN brokers pass your orders to a pool of liquidity providers who compete for the best bid/ask spreads. A market maker, on the other hand, does not match your trade and takes the opposing position, which does not generally align with traders’ interests. According to its website, Vantage is founded on the values of accountability, transparency, reliability, integrity and trust.

Forex Brokers List

The MT4 platform offers Forex traders the most powerful charting platform on the market. Widely accepted as the industry benchmark in retail Forex trading platforms, MT4 is by far the most popular platform for charting out there today. Vantage is renowned for its competitive and transparent fee structure, catering to a broad spectrum of traders.

Vantage FX is an online broker that specialises in forex and offers over 300+ instruments across three STP and ECN accounts. This review covers the broker’s UK regulation, spreads, leverage and the MT4 and MT5 trading platforms. In addition to all the other account features available, Vantage has also got a number of other bonus features that make an account with it even more appealing. This includes a ‘refer a friend’ scheme, an active trade programme, a 50% deposit bonus, and a rebate scheme. The ‘refer a friend’ scheme is potentially lucrative and gives you the opportunity to earn a $150 bonus for every successful referral – this also gives them a $100 sign-up bonus.

The broker offers access to ForexVPS free of charge for clients that have a minimum balance of $1000. With a Vantage FX MT4 or MT5 trading account, traders can seamlessly open short-term or long-term position trades in physical gold and silver. Also, they can trade in both long and short directions and can hedge their physical positions whenever they see the market turning. The multi-jurisdictional regulation of Vantage allows traders from different regions to choose the regulatory body that best aligns with their preferences and requirements. This flexibility enhances Vantage’s global appeal, making it a preferred option for traders seeking a broker with comprehensive regulatory compliance.

Deposits and Withdrawals

As a Tier 1 regulatory authority, ASIC also mandates that all client funds are kept fully segregated from the broker’s corporate accounts in client trust accounts at top-rated banks. This way, the risk of fraudulent behavior by the brokerage is kept at a minimum. VPS hosting ensures your platform keeps running 24 hours a day so you set up EAs to take advantage of every opportunity that arises in the market. Vantage FX offers over 300 CFD products, including FX pairs, precious metals ( gold, silver, etc ), commodities, indices, futures, and share CFDs.

Is Vantage Regulated?

  • The Standard STP account is also backed by 24/7 customer support and a wide range of trading tools and features.
  • Basic FX trading knowledge is available, as well as instructions for MT4 and MT5.
  • 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.
  • If you have multiple accounts, you can switch between them in seconds with MT5.
  • Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

This bank is among the four largest financial institutions in the country and is constantly in the top 20 safest banks globally. CFDs and trading in forex on margin, carries with it significantly high levels of risk and might not be compatible for all the investors. Practice caution and see financial advice when unsure because what we offer here is NOT financial advice. We verify some of our data for quality control but there are slight variations occasionally.

This includes traditional methods like bank wire transfers and credit cards, as well as modern e-wallets such as PayPal and Skrill. The majority of these deposit methods are offered free of charge, eliminating additional financial burdens on traders. Vantage is committed to processing these deposits promptly, ensuring that traders can fund their accounts efficiently and begin trading without unnecessary delays. This swift and cost-effective deposit process is part of Vantage’s dedication to providing a seamless and user-friendly trading experience for all its clients. Vantage supports a wide range of convenient deposit and withdrawal methods to meet the needs of traders from various backgrounds and preferences.

MetaTrader 5 (MT

This platform is specifically designed for traders looking for more sophisticated trading capabilities, including more comprehensive market analysis and more effective execution strategies. MT5 allows for deeper analysis with its built-in economic calendar and additional timeframes, which are crucial for making informed trading decisions. The platform also supports automated trading systems, allowing traders to automate their strategies and capitalize on market opportunities efficiently. This makes MT5 an excellent choice for traders who demand high-level functionality and extensive analytical capabilities to navigate complex market conditions effectively. In the dynamic landscape of online trading, selecting a reliable and feature-rich broker is crucial for both novice and experienced traders.

Money Protection

The minimum deposit that you can open an STP account with $200, or you can open an ECN account for a $500 minimum deposit. If you are a more experienced trader, then the Pro ECN account is available with a $20,000 minimum deposit. The final account type on offer if you are interested in managing multiple accounts as an experienced trader or financial manager, is the Vantage MAM/PAMM account. Trading is available here through both MT4 and MT5 trading platforms and the trading costs are kept low with no commissions on trading, and a spread that starts from 1.4 pips. Here you have no risk at all attached since the funds you are trading are virtual, but you can replicate a real trading environment. It is perfect for getting to know a platform or learning for new traders, and there is no obligation to make a real deposit at all.

The broker’s selection of social and copy trading services is extensive vs other providers. Regarding account funding, Vantage ensures a seamless deposit and withdrawal process, typically with low non-trading fees. The minimum deposit requirement is as low as $50, making it accessible to various traders. Apart from the standard platforms, Vantage also integrates with multiple social trading platforms and offers analysis tools powered by Trading Central. This assists you in making well-informed decisions and maximising your trading opportunities.

However, this number may reduce depending on which entity of the broker you’re trading with, your account type, and your chosen trading platform. Although this is slightly disappointing, our review of Vantage FX forex broker appreciates the number and variety of stock CFDs available, including from multiple countries around the globe. Our review of Vantage FX found that the forex broker gives you the choice of numerous trading platforms, including MetaTrader 4, MetaTrader 5, WebTrader, and a proprietary platform. You can also utilize the social trading platforms ZuluTrade and Myfxbook, which are perfect for beginners. The inclusion of MetaTrader platforms helps the broker appeal to a wider audience, as it’s software that most traders are familiar with.

However, if you need reliable customer support to have your back 24/7, you might need to look elsewhere. Trading fees are considered low, as Vantage FX offers ultra-competitive spreads starting at 0.0 pip for Raw ECN accounts, and 1.0 pip for Standard STP accounts. For major forex currencies, clients enjoy spreads under 1 pip during high-liquidity periods. The Raw account works for experienced traders who need deep liquidity. All accounts are available as Swap-free accounts for people who don’t want to pay or receive swaps.

When you’re away from home, you can still access your trading account, place orders, and follow up on all your trading practices, thanks to the mobile app. If you are a serious Forex trader, and want to keep your MetaTrader 4 platform running 24 hours a day, a virtual private server (VPS) is ideal. 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 Worldtradex scam 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. MT5’s addition of a two-position accounting system (netting and hedging), allows traders to maintain full risk management control of their account, in their own way.

Operating from its headquarters in Sydney, Australia, and with offices in the Cayman Islands, Vantage is truly a global broker that caters to the needs of traders in different regions. Traders get the full suite of MT4/MT5 trading platforms, consisting of a desktop version for algorithmic traders, a lightweight web-based version for manual traders, and a mobile app. Vantage also developed a proprietary mobile trading platform, Vantage App. Vantage ProTrader powered by TradingView offers another alternative for manual traders to consider. Vantage FX offers three account types; Standard, RAW ECN, and PRO ECN.

In which countries is Vantage not offered?

Whether you are a novice, or a professional trader, all clients can now benefit from receiving daily market analysis as it happens. When your Vantage account is funded with a minimum of $2000, you can gain access to a portfolio of professional proprietary traders. And, you can also test your portfolio on a demo account to find the right traders to suit your needs.

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