One of the features I use mostly when analyzing price charts is the company feature. I can use this to compare multiple currency pairs with the selected pair using the charts to follow its movement. Each pair you select introduces its own line in the graph with a different color. We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers.
The Financial Commission while impartial, is not a government body or regulator. In terms of where your funds are held, Vantage holds client funds in top-tier banks, and in trust accounts as funds that are separate from company funds. There is also the Vantage App, which is essentially a branded version of the MT5 mobile app.
Desktop Trading Apps
Vantage offers a variety of account types, including Standard STP, Raw ECN, and Pro ECN accounts, to accommodate different trading strategies and needs. Vantage can be suitable for beginners due to its intuitive trading platforms, access to educational materials, and efficient customer support. Verified users can submit withdrawal requests through their trading accounts. Most withdrawals are processed within 1 to 3 business days, but depending on the method, such as international wire transfers, funds may take up to 5 business days to arrive. There are no deposit fees on most funding methods, and withdrawals are typically processed without broker-imposed charges. However, third-party fees may apply depending on the payment provider and currency used.
Last but not least, Vantage offers free VPS hosting for low-latency trading and stable internet connectivity. Yes, Vantage offers demo accounts via MetaTrader 4 and MetaTrader 5 for traders to practice without financial risk. Information on the TradersUnion.com website is for https://lunarcapital.net/ informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit.
- This offers some of the lowest pricing around, with spreads from 0.0 pips and commissions from $1.50 per side.
- Based on my findings, Vantage’s Standard account, which features zero commissions and floating FX spreads, aligns with the typical STP account structure.
- Vantage is a highly-rated forex broker with a good variety of assets, useful tools and low fees.
- Last but not least, Vantage offers free VPS hosting for low-latency trading and stable internet connectivity.
Accounts & Banking
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. Again, Vantage doesn’t charge any internal fees for withdrawals, which is a positive if you make regular withdrawals. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
“Bad Customer Service”
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. Vantage’s market research is well-calibrated for traders with different backgrounds – from inexperienced newbies to seasoned professionals. The offering comprises a variety of featured trading ideas, comprehensive market breakdowns, intuitive market sentiment gauges, and more.
Customer Support Channels
It also offers copy trading, algorithmic trading solutions, and free Virtual Private Server (VPS) hosting for low-latency execution. Our mission is to provide solutions that allow our clients’ money to work for them in many different ways. We believe that all these possibilities can be accessible through one convenient app. Using VPS and Trade Copier services in financial market operations can prove highly beneficial in specific situations.
Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. I also reviewed Vantage’s legal documents and was pleased to find that all essential information is readily accessible and clearly written in easy-to-understand language. My only minor concern is the lack of detailed information about its cryptocurrency offering on the website.
Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with. The broker’s flagship ProTrader platform, seamlessly integrated with TradingView, caters to both beginners and advanced traders. Additionally, it supports MetaTrader 4 and MetaTrader 5, as well as the Vantage app for trading on the go.
Platforms and Tools
Strong regulatory oversight helps protect you from scams and gives you access to robust safeguards like negative balance protection and jurisdictional restrictions on leverage. 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.
The Vantage Raw and Pro accounts offer even more favorable conditions, beating the typical ECN account. In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency. These are via live chat on the website, via email, via phone, and by connecting with the company’s Telegram chatbot. We https://lunarcapital.vip/ could easily trade crude oil, natural gas, Brent crude, and even more exotic options like low sulfur gasoil. When all of that was complete, we were ready to deposit funds into the account. A last step in the account opening process required that we upload a picture of our driver’s license, as well as a proof of address document.
It illustrates the spreads and commissions I have recorded for the EUR/USD pair and compares them against the typical costs for ECN and STP accounts in the industry at large. Beyond the tight spreads and commission, VantageFX is a relatively generic broker offering MT4 and MT5 with a good range of CFD trading products. With competitive spreads starting at 0 pips, Vantage’s version of MT4 is a solid choice for traders of all experience levels. The platform is available on desktop, tablet, and mobile devices, allowing users to trade from anywhere.
The platform includes in-depth charting tools, one-click trading, and a range of order types to help traders execute complex strategies efficiently. Building on the success of its predecessor, Vantage also offers MetaTrader 5 (MT5), a more advanced trading platform designed for traders who demand more from their tools. MT5 retains all the core features of MT4 but adds enhanced charting tools, more timeframes, and additional technical indicators, making it a more versatile choice for experienced traders. Vantage offers a comprehensive suite of trading instruments, catering to traders who prioritize portfolio diversification and access to global markets.
Free Trading Signal
It is a better fit for casual traders who will appreciate the custom watchlists and news updates. Professional traders and money managers also have the option of the Pro ECN Account. This offers some of the lowest pricing around, with spreads from 0.0 pips and commissions from $1.50 per side.
Overall, Vantage Markets combines affordability, security, and flexibility, making it a strong contender for traders looking to diversify and succeed in global financial markets. Withdrawals incur no Vantage fees, but external service provider charges might apply. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. In conclusion, I rate Vantage as a great choice for traders of all types and with all kinds of background experience. I also concluded that the Vantage Raw account offers the most efficient conditions in terms of price competitiveness and affordability.
- This is good news for casual traders who don’t need to worry about being stung for not trading for a few months.
- The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs.
- This includes over 20 different chart layouts, 8 timeframes, and a large selection of drawing tools.
- There are no deposit fees on most funding methods, and withdrawals are typically processed without broker-imposed charges.
Not applicable as so far so good with vantagefx , did not encountered any issue . Verification can help ensure real people are writing the reviews you read on Trustpilot. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
According to its website, Vantage is founded on the values of accountability, transparency, reliability, integrity and trust. As such, it is quite clear that Vantage takes its regulatory obligations seriously, making this broker one of the safest around. Currently, the National Australia Bank acts as its custodian bank and it is regulated by the Cayman Island Monetary Authority (CIMA). Additionally, it also has indemnity insurance, meaning that user accounts and deposits are afforded a very high level of protection.