I also like that account trades are synched across all MetaTrader platforms. MT4 is one of the most widely used trading platforms in the world which I like for its user-friendly interface and quick learning curve. It is simple enough for those of you who are novice traders whilst having enough advanced functionality for the more experienced traders amongst you. Vantage incorporate the latest innovative technologies which they are always looking to enhance and update to remain a leader in the industry.
Deposit and Withdrawals
I have always received top class support but think it would be great if they could increase working hours to weekends as well. The RAW ECN account is for traders who need deep liquidity and tighter spreads. The minimum deposit required is $500 with variable spreads starting from 0 pips and commission from $3.
Vantage FX Educational and Research Support
Then Vantage Rewards is a loyalty program that rewards clients for their trading activity. Clients earn points for every trade they place, and these points can be redeemed for various rewards, such as trading bonuses, cashback, and merchandise. The program has multiple tiers, and clients can move up the tiers by trading more and earning more points. One of the most important aspects to consider when choosing a forex broker is whether they are regulated or not.
Minimum Deposit
Servers are located worldwide in major financial hubs, including New York and London, giving ECN market liquidity to client platforms for fast execution speeds. The broker provides traders with MT4 and MT5 demo account, which traders https://traderoom.info/an-overview-vantage-fx/ can use to practice their trading strategies on over 180 financial instruments without risking real money. For traders who are located in countries outside the UK and Australia, Vantage also offers a range of social trading platforms.
Generally speaking, the spreads on offer are very competitive and trades are executed incredibly quickly. Vantage is a no-dealing desk trader and offers STP and ECN forex trading accounts. Additionally, Vantage FX’s traders can trade with the mobile versions of the MT4 and MT5 trading platforms.
Vantage FX Islamic Accounts
The MetaTrader 5 platform in particular has really been streamlined with this latest update. The WebTrader platform and the proprietary mobile app are both similarly easy to use, and beginner traders shouldn’t have an issue getting used to them. Energy commodities are some of the most important commodities in the world because they are used to power the economy. Vantage FX allows you to trade the energy markets via the MT4 and MT5 trading platforms. The CFD broker offers the most popular energy commodities, such as crude oil, natural gas, gasoline, and heating oil, allowing you to take advantage of fluctuations in the prices of those commodities.
- According to its website, Vantage is founded on the values of accountability, transparency, reliability, integrity and trust.
- Additionally, Vantage FX holds a license from the Cayman Islands Monetary Authority (CIMA), which adds an extra layer of regulatory oversight.
- You can load charts of all trading instruments in multiple windows and customise them to suit your preferences.
- Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
- InvestingReviews provides you with independent reviews and comparison services to help you on your investing journey.
The Raw ECN account and the Pro ECN account provide trades at $3 and $2 per trade (each way), respectively. While not the lowest commissions we have seen, these are nevertheless very competitive and are just below industry averages. What we did appreciate was how transparent and open Vantage is about the fee structure, with this information being very easy to find through the website. Vantage FX allows traders to trade the world’s most liquid Stock Exchange indices — S&P 500, DAX, FTSE, DJ30, and more — through the MT4 and MT5 trading platforms. Thanks to the broker’s oneZero™ MT4 Bridge, traders can enjoy the fastest execution speed.
To help out our readers & potential platform users, we created an in-depth https://traderoom.info/ and listed out the 10 key considerations you should look at before starting to trade with Vantage. You can also field your questions 24/7 using Vantage FX’s live chat service. During my own test, my message was responded to by a live chat agent within five minutes. When it comes to withdrawals from your Vantage FX client account, there is no lower or upper limit on transaction sizes except for Neteller, which has a maximum withdrawal of £500,000 per transaction. All four of these funding methods are displayed in the footer of the Vantage FX homepage to UK-based clients.
CPA Affiliates get complimentary access to CellXpert, via the Vantage FX partnership with that state-of-the-art marketing platform. The partnership is available for both corporate clients and individuals worldwide. One of the partners is the previously mentioned oneZero, a partnership that provides Vantage FX with crucial trading technology, including the oneZero MT4 Bridge platform. Vantage FX dedicated resources and time into researching the location to maximize the advantage of the trading servers for clients.
However, the high minimum deposit requirement can be too costly for some traders to start. Also, professional accounts usually lack protections like negative balance protection, which are mainly offered to retail traders. This means you can have access to the webtrader, desktop, or mobile variations of these trading platforms through the broker. Both trading platforms are available across all account types for you to select. Vantage provide you with a good selection of trading tools to assist with your day trading. Vantage FX was founded back in 2009 with the founders consisting of a highly specialized team with experience in technology, forex, and finance.
Participants can ask questions and interact with the presenter, allowing for a dynamic and engaging learning experience. By attending Vantage’s webinars, clients can stay up-to-date with the latest market developments, refine their trading skills, and expand their knowledge base. DupliTrade is an automated trading platform that allows clients to copy the trades of professional traders directly to their Vantage account. Chief among broker characteristics mentioned is that Vantage stands as one of the best MetaTrader and copy trading (social trading) brokers in forex trading for 2023. They are especially noted for the support given for copy trading through the trading platform, SmartTrader. The add-ons afforded by SmartTrader work with MetaTrader and other copy trading platforms.
Overall, Vantage is a multi-regulated CFD broker with a great choice of industry leading platforms and very powerful trading tools. There is everything you would need to conduct professional market analysis. You can copy other traders, develop your own strategies and run automated systems. I like that they have a reasonable selection of trading instruments across multi-asset classes but think they could perhaps add some more. That being said, you will find most of popular assets available to trade with accounts that have low spreads and no commission fees. If you are a beginner than there is a limited amount of educational content for you to peruse at your leisure.
The Vantage App is available for both iOS and Android devices and is equipped with a suite of trading and investing tools. MT5 has 21 timeframes compare to MT4’s 9 timeframes as well as support for more order types and additional built in technical indicators for further market analysis. The netting and hedging position accounting system lets traders maintain full risk management control of their account. Vantage also use the oneZero MT4 Bridge which is a price aggregator that connects their dark liquidity pools directly to clients MT4 platforms. The oneZero MT4 Bridge can handle a large number of market orders (up to 500,000 trades executed per millisecond) and is capable of processing 150 unique price feeds at speed. In simple terms, this all means that you get an industry leading trading environment that is capable of handling small and large volumes without compromise.
Apart from those regulatory licences, Vantage FX is regularly audited by KPMG, a global network of Finance professionals and experts. KPMG has been providing audit, tax and advisory services regarding financial markets since 1987. This type and level of service is indicative of a broker who is clear, transparent, and wants to deliver to their traders in a positive way. From the outset, the broker makes clear that you can avail of their unlimited demo account type for as long as you need to. Vantage FX also offers an Islamic Account for Muslim traders to utilize so they can enjoy a swap-free account. This account was specifically designed for those forex traders who cannot pay or receive swaps due to religious beliefs.
That partnership’s fiber-optic network helps guarantee the lightning-fast execution for every trade and gives Vantage FX a further advantage. The unlimited demo account also includes on-demand access to price data from Vantage FX. KPMG annually audits the Vantage FX financial reports and Australian Financial Services License. Additionally, KPMG conducts quarterly reviews of controls over the client money, with all reviews and audits following the auditing and assurance standards of Australia. The broker is based in the Cayman Islands and regulated by the Cayman Islands Monetary Authority (CIMA).