The broker is available 24/7, which is a notable advantage compared to the 24/5 support offered by many competitors. For those who are looking to learn as they go, Vantage offers a dedicated Academy packed with market analysis articles, trading guides, platform tutorials and webinars. I was able to access convenient account management features, as well as trade monitoring.
We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. While its educational and research content have improved considerably year over year, Vantage still trails industry leaders in both of https://lunarcapital.vip/ these categories. Vantage supports robust desktop applications, including MetaTrader 4, MetaTrader 5, and its proprietary platforms.
MetaTrader 5
- With mobile access to advanced charting tools and real-time market data, Vantage’s mobile trading platforms make it easy to stay connected and active in the market, no matter where you are.
- However, I am not a fan of the ads and, and it is still a long way off from competing with the best mobile apps in the industry.
- 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.
- Live Chat SupportAlongside their excellent email and phone support, Vantage’s live chat assistance is equally noteworthy.
- These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved.
The competitive pricing in the ECN accounts, additional tools and the rebate scheme also make Vantage a good option for more experienced, high-volume traders. In addition, the VPS and access to the MetaTrader software will serve algo traders. The platform’s social trading features allow you to build a following and earn commissions on copied trades. I found that there are five levels (Explorer to Legend), with better returns as you attract more traders. The broker’s proprietary copy trading platform is ideal for copy traders looking for additional perks. As with many other mobile apps I’ve tested, you cannot run any detailed technical analysis in the Vantage app since it doesn’t offer any indicators or drawing tools.
With access to over 1,000 instruments, clients can trade forex, indices, precious metals, soft commodities, energy, ETFs, share CFDs, and bonds. This broad selection allows traders to diversify their portfolios and explore global financial markets efficiently. The broker offers commission-free trading and average swaps, making it an attractive choice for cost-conscious traders.
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 only drawbacks I found are its inconsistent customer support and absence of share CFDs of Asian companies. Additionally, he was unaware that Vantage offers civil liabilities insurance through Lloyd’s. The service is free to funded accounts with at least $1000 and a notional traded volume of at least $0.5 million per month. Vantage also provides free Virtual Private Server (VPS) hosting for low-latency trading.
Vantage Main Features
Traders can use it to achieve stable internet connectivity and ultra-fast order execution speeds averaging 5 milliseconds. The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates.
Vantage gives users instant access to deep liquidity on the live currency markets across over 40 currency pairs. 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.
Delivered through powerful trading platforms, Vantage puts significant emphasis on user trust and transparency, which is backed up by an award-winning customer support team. This combination has helped Vantage to become one of the market leaders in the Australian market. MetaTrader 4 stands as an advanced trading platform that has established itself as a standard tool for experienced Forex traders, facilitating trade execution even in the absence of an active device. It is characterized by its intuitive user interface, an extensive array of technical analysis tools for prognosticating market trends, live updates on currency prices, and a host of additional features. Vantage provides a demo account that allows both new and experienced traders to practice trading in a risk-free environment. This account gives users access to virtual funds, letting them hone their trading skills without any financial risk.
Vantage Markets prioritizes trust and security through robust regulatory oversight and client fund protection. Regulated by respected authorities such as ASIC, FCA, FSCA, and VFSC, it adheres to stringent compliance standards. To prevent fraud, the broker integrates top-tier platforms like MetaTrader 4 and 5 alongside proprietary https://lunarcapital.team/ tools, ensuring secure and efficient trading. Additionally, the availability of social trading platforms such as MyFXBook (AutoTrade), and DupliTrade empowers traders to mirror proven strategies safely. 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.
Account Opening
At this time, we haven’t tested the spreads with VantageFX ourselves but when we do, we will update this page. Yes, Vantage offers trading on cryptocurrency CFDs, allowing traders to speculate on price movements without owning the underlying assets. Vantage makes it simple to start trading by offering a wide range of deposit methods and charging no deposit fees. As long as your account is verified by submitting a government-issued ID and proof of address, you’re ready to go.
Whether youre a scalper, swing trader, or long-term investor, the platform supports fast execution and tight pricing, making it suitable for traders at all experience levels. Vantage Markets provides a variety of account types designed to suit the needs of traders at every level. Beginners can start with the Standard STP Account, which offers direct market access without commissions, making it an excellent choice for learning and exploring the platform. For experienced traders seeking the lowest possible spreads, the RAW ECN Account delivers razor-sharp spreads and low commissions, supported by deep liquidity. As a platform primarily dedicated to forex and forex CFD trading, the forex trading on offer is generally pretty solid.
- As long as your account is verified by submitting a government-issued ID and proof of address, you’re ready to go.
- We always recommend that users approach forex trading with a sensible risk management strategy.
- By providing continuous and accessible support, Vantage Markets underscores its commitment to enhancing the user experience and resolving issues efficiently.
With such a robust and diverse offering, Vantage Markets ensures that traders of all levels can find instruments that align with their investment strategies and goals. Agents respond within seconds, even during non-business hours, though their knowledge levels could be improved. For more general queries, the broker offers a dedicated FAQ section on the website. I tested the desktop version of the MetaTrader 5 platform, which offers several essential tools, including one-click trading, an alarm setting option, and a market depth tool. These features enable traders to analyze market developments from multiple perspectives and capitalize on trading opportunities in various ways. Vantage operates multiple licensed and regulated entities across various jurisdictions, ensuring compliance with essential safety standards.
Vantage Fees
The company offers its clients the execution of orders of the Market execution type. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. Given its large user base, reputation and regulatory oversight – we consider this a trustworthy forex broker. Over 900,000 traders have signed up with the brand and the firm has a string of industry awards and accolades to its name.
What are the withdrawal fees at Vantage?
Educational WebinarsVantage’s Educational Webinars are dynamic online sessions conducted by industry experts, offering valuable insights and practical knowledge on various aspects of trading. These live webinars cover a diverse range of topics, from market analysis to trading strategies, providing attendees with the opportunity to interact directly with experienced professionals. Vantage offers two trading platforms that could be considered the most popular on a worldwide scale. These platforms are MetaTrader 4 and MetaTrader 5, which are both available as desktop and mobile trading platforms, allowing the trader high flexibility of available devices he can operate from.
As for licensing, I’m glad to see that many clients will be registered under tier-one-regulated entities. Founded in 2009, the broker’s long history is a great sign of a well-established business with strong credentials. The firm’s notable reputation is also reinforced by its collection of prestigious awards. Additionally, I didn’t find a history of scams or malpractice at Vantage during my research. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
Standard STP Account
MT4’s simplicity and reliability continue to make it a favorite for many traders, particularly those focused on forex and CFD markets. I also rate that this platform carefully checks its forex traders before allowing copy trades to be made. All traders are verified and their track record is assessed before being added to the site and low-performing accounts are not available for copy trading. This allows users to feel secure that they are mirroring knowledgeable and experienced traders. Yes, Vantage offers a decent mobile app which offers access to account management features and trading tools whilst on the move.
With that said, the commission-free trading model will serve new traders looking for straightforward pricing. I tested the broker’s processing times using both a Visa card and Neteller and found that my funds were available immediately. Considering the negatives, though, it is a shame that the broker’s global entity, Vantage Global Limited, is regulated offshore by the Vanuatu Financial Services Commission (VFSC). The VFSC is not a highly respected authority and does not offer the same degree of protection for retail traders in my view. Vantage’s research is sourced primarily from third-party content providers such as Trading Central, alongside its own in-house production which has grown considerably year over year.