We found VantageFX to have tight spreads and low commissions, beyond that the Forex broker is quite generic with MT4 and MT5 trading platforms and 50+ Forex pairs along with other CFD products. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
Overall, Vantage’s CFD offering is limited to other brokers, which may leave more experienced traders dissatisfied.
- It also provides excellent content developed in-house, thus offering news traders a penetrating overview of current market behavior.
- At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.
- Still, Vantage FX lacks a variety of in-house content besides its daily videos, compared to other forex brokers.
- Vantage FX incorporates the latest innovative technologies to make trading faster and easier for their clients.
- Key indices include the NASDAQ, FTSE 100, Dow Jones, and recent additions like the Taiwan Stock Exchange Index (TWSE) and the Straits Times Index (STI).
You can download the trading platforms by visiting the Downloads section on the Vantage FX website. Vantage FX prioritizes client protection by segregating client funds from the company’s operational funds. This ensures that client funds are kept in segregated trust accounts, providing an additional layer of security. Just like Metatrader 4, MT5 can be downloaded to your desktop for a convenient usage. MT5 was designed as a platform for trading many different kinds of assets, but its real power is in its advanced features.
It is packed full of features such as order management, custom watch lists, trading signals by Trading Central, alerts, news calendars, and more. 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. While trading on Vantage FX, MT4 offers a lot of useful features for traders – like technical indicators and advanced charting. But the main thing is that you can use algorithmic automation with Expert Advisors (EAs) to automate your trades. My tests have shown that trading fees at Vantage are fairly competitive but not the lowest I have seen.
These incentives often include deposit bonuses, where traders receive extra funds in their trading accounts after making a qualifying deposit. Additionally, Vantage hosts various trading contests and competitions, giving traders the opportunity to test their skills against others and win prizes. At Vantage, the process for withdrawals is designed to be as straightforward as managing deposits. Clients can conveniently initiate withdrawals through the same channels they use for deposits, ensuring a seamless transition of funds out of their trading accounts.
- This platform is equipped with sophisticated charting tools that allow for detailed market analysis and decision-making.
- The Swap-Free trading accounts are designed for traders, who, due to religious beliefs, cannot pay or receive swaps.
- Additionally, Vantage complies with international financial standards, which enhances its reliability and solidifies its reputation as a trusted broker.
- This approach allows traders to select an account that aligns with their trading preferences without worrying about excessive costs.
- In the dynamic landscape of online trading, selecting a reliable and feature-rich broker is crucial for both novice and experienced traders.
Withdrawal fees
He has many years of experience in the financial sector and honestly admits that he is in love with his job. However, you can trade the assets as CFDs, whereby you speculate on a crypto’s price movements without taking full ownership. All up, there are 57 forex pairs, which is all of the major FX pairs, as well as most of the major cross-currency pairs. Just a couple minutes after we’d started the process, we were picking our desired currency to keep our account in, and the specific account type we wanted to open. Be careful if using a credit card, as the deposit may be labeled as a cash advance and come with added fees or interest charges.
The broker charges a commission of $3.0 per lot per side ($6 round trip) on the Raw ECN account and $1.50 per lot side ($3 round trip) on the Pro ECN account. Standard accounts have no commission fees; instead, Vantage adds a spread markup starting from 1.0 pip. Vantage provides access to MetaTrader 4, MetaTrader 5, ProTrader, and WebTrader, catering to various trader preferences. When comparing Vantage with Pepperstone, both brokers are renowned for their competitive pricing and robust trading infrastructures. Explore our comparison tables to see how they differ in terms of spreads, quotes, and trading volume. Triple swaps are applied on Wednesdays for Forex instruments to account for weekend settlements, aligning with the standard T+2 spot FX settlement cycle.
Mastering Technical Analysis
Vantage offers a number of Forex VPS providers from which traders can choose. Traders will then pay a subscription fee based on the length of their preferred contract. Vantage offers a broad range of trading tools, including MT4/MT5 Smart Trader Tools, VPS hosting, sentiment indicators, and Market Buzz.
Should You Trade With Vantage?
The count of tradable instruments, including Forex, commodities, shares, and https://lunarcapital.world/ bonds, reaches over 1,000. This is a more advanced trading platform introduced by MetaQuotes in 2010 to take your forex trading to the next level. In addition to offering all of the features of MT4, the MetaTrader 5 trading platform comes with more advanced capabilities, such as 21 timeframes and nine chart types. Furthermore, the platform’s addition of a two-position accounting system – netting and hedging – allows traders to maintain complete risk management control of their accounts in their way. Vantage offers a range of trading platforms that accommodate traders at all experience levels. From advanced charting tools to seamless mobile applications, Vantage ensures that traders have the tools they need to succeed, no matter their experience or trading style.
Their platform is web-based, meaning you can log in from anywhere in the world; all you need is an internet connection and a gadget. The platforms were specially designed to make trading on the go more convenient. Vantage FX’s website interface was created to be clear and simple, so even novice traders can understand it right away.
Compare Vantage FX Features With Other Brokers
Vantage has built a decent foundation for a new mobile trading application with its Vantage App. 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. In conclusion, I rate Vantage as a great choice for traders of all types and with all kinds of background experience.
Demo Account
The Raw account and Pro ECN offer attractive pricing, especially for experienced investors looking for ultra-tight spreads with low commissions from $3 per side. Vantage offers a strong suite of trading instruments, with 1000+ CFDs spanning forex, stocks, commodities, indices, bonds and ETFs. For example, traders can earn V-points in the Vantage Rewards scheme which can be redeemed for cash, deposit rebate vouchers, lucky draws, profit boosters and more. Choosing a broker that is licensed by a trustworthy regulator should be a top priority.
This broker is a worthy one because you can trade from a huge pool of assets, the trading terms are quite competitive, it has various educational resources, and protects customer funds. Vantage FX is famous for using the newest trading technology on their trading platform which might be esteemed as secure. While Vantage FX might not be perfect due to the limited choice of trading platforms, it’s still a good choice. Since trading and non-trading fees can substantially impact trading performance, it is essential to pick a broker offering competitive prices. Whether you prefer the broker’s spread-based Standard STP account or the commission-based Raw ECN account, you will benefit from excellent trading conditions and transparent pricing.
I ask about adding an IB code or partner code to my existing vantage account and Jake was able to help me quickly with my concern. He provided me the steps on how to add or transfer an IB to my existing account without needing to delete and create a new one. Though they claim their deposit system to be completely free of cost, we observed some exceptions while testing the payment methods. Like, transferring money from Neteller or Skrill may cost a little from their fee policies. Also, if you are depositing through China Unionpay, you will be charged 1.30%-2.50% of the transferred amount.