More in-depth queries can be sent via email, with the broker supplying a selection of email addresses so that questions can be directed to the most appropriate area best equipped to handle them. That means no time is spent redirecting your approach if you are looking for information on tech issues, partnerships, or complaints. Our Vantage review involved testing the MetaTrader MT4 WebTrader platform. We booked test trades in AUDCHF and AUDJPY and set the screen display to different background settings. MT4 is the most popular trading platform in the world, perhaps the centrepiece of the Vantage offer. In addition to the Windows version, which can be downloaded for free from the Vantage official website, the platform is also available in the Mac version.
The account allows its users to take advantage of the lowest costs while capitalizing on the fastest execution speeds. In this Vantage FX review, our trading experts suggests that depositing and withdrawing money from your Vantage FX broker account is easy. You can choose from a variety of payment methods, including local and international EFT, Bpay, POLi Payment, Visa, JCB, China Union Pay, Neteller, Skrill, AstroPay, and FasaPay. However, the minimum deposit and trading amounts may vary depending on the methods and forex brokers account types.
Vantage’s Educational Material
- Unfortunately, Vantage FX’s swap rates are not published on its website.
- The broker offers automated copy trading services and the industry-leading MT4 and MT5 platforms.
- Thanks to MT4, as well as MT5, the broker offers its users access to some of the best existing solutions for online trading.
- Every fiber optic line that connects their services is carefully selected and tested to ensure minimal latency (with up to 100 gb/s bandwidth).
As a result, all money withdrawn from your account must go to a bank account in the same name as your Vantage FX trading account. One of Vantage FX’s VPS partners is ForexVPS, which allows users to simply log in to their servers through any stable desktop or mobile device. The broker offers access to ForexVPS free of charge for clients that have a minimum balance of $1000.
What Can I Trade
Reputable multi-asset broker, client accounts are independently managed and audited periodically. The transaction speed is very fast and the slippage is low, making the risk of news much reduced. Diverse account types, especially Cent accounts can trade most assets. Energy commodities are some of the most important commodities in the world because they are used to power the economy.
Litecoin Technical Analysis Report 28 January, 2022
The clear key levels and trend lines also make it easy to act on the live trading advice. MetaTrader 4 is the most popular platform for trading forex in the world, so our reviewers were pleased to see that it is an option. Vantage FX uses a custom-made oneZero MT4 Bridge for a powerful connection to the deep liquidity pools of the broker.
Forex Risk Disclaimer
While quite limited when it comes to the more exotic currency pairs, all of the major currency pairs that you could hope to trade are covered. 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. Our UK team takes a methodical approach to reviewing online brokers. Our experts also factor in their hands-on testing experience into broker ratings.
You can speculate on some of the largest companies from the United States, the UK/Europe at $6 and €10 per trade, respectively. A $4.0 commission for a 1 Lot trade on the Pro account is very competitive. This is because an equivalent trade on a zero spread account with Fusion Markets will incur a $4.50 commission per round turn, which is, at present, among the most competitive offers within the industry. The range of available markets at Vantage will depend on which entity regulates your account. The following table summarizes the different investment products available to Vantage clients.
This way, the risk of fraudulent behavior by the brokerage is kept at a minimum. For those using Expert Advisors, trading signals, or other forms of automated trading, Vantage FX also offers a free forex VPS. This is open to all clients, provided that you have a minimum balance of $1,000 in your account.
- South African traders will trade with Vantage Markets (Pty) Ltd an authorised financial service provider regulated by the South African Financial Sector Conduct Authority(FSCA).
- For traders that trade in large volumes (more than 10 lots a month), it is better to open an account denominated in USD at a digital currency bank, especially for trading on assets such as the EUR/USD.
- Additionally, Vantage participates in compensation schemes where applicable, offering traders an extra level of financial protection in the unlikely event of the broker facing financial difficulties.
- Another such problem was that Vantage allowed the famous fraudster to act as an IB for the operation for some time, although he was warned about this.
An STP/ECN broker, Vantage FX offers two accounts with minimum deposits linked to tighter spreads and lower trading costs. The commission-free Standard Account requires a minimum deposit of 200 GBP but spreads start at 1.2 pips on the EUR/USD. Trading conditions improve significantly on its Raw ECN Account, which has a 0 pip spread and an extremely low commission, but a minimum deposit of 500 GBP. In this Vantage FX review, we shed light on this Sydney-based trading platform, its account types, fees, and customer support, covering essential aspects you need to know.
There are lower-cost brokers for the DAX and, in particular, Dow Jones. However, the chasm between the market’s top and bottom isn’t too wide. Vantage MT5 will give you all the options you are having on MT4, except a number of timeframes. You can use different methods for withdrawals, but sadly Vantage FX doesn’t offer instant withdrawals.
Telephone customer support is available 24 hours a day, seven days a week. We found the staff taking our calls to be informed and professional and able to resolve our queries quickly. Complying with high standards of professionalism and ethical standards, Vantage has taken the protection of clients’ funds to a new level by means of insurance of funds.
The platform also supports advanced order types and real-time notifications, enabling traders to stay updated with market movements and manage their portfolios on the go. Vantage Mobile is continuously updated to incorporate the latest technological advancements, ensuring that traders have access to cutting-edge tools and features that enhance their trading performance. 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.
Equity traders get large-cap CFDs, ideal for retail traders who follow trending names on social media, but Vantage fails to offer ETFs, which is another regrettable oversight. Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. The information contained on this website is of a general nature only. The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation or https://lunarcapital.net/ individual needs. We strongly recommend you to seek independent professional advice or to conduct your own independent research before acting upon any information contained on this website.