All-in-all, to keep it simple, for most traders, you’ll be choosing between a standard account and a raw ECN account and most of the time this will be the RAW ECN account. We spare no expense in building a powerful and nimble trade platform, creating highly efficient processes, so you can enjoy a smooth and efficient trading experience. We are an award-winning, multi-asset broker headquartered in Sydney, with over 10 years of market experience, operating in 172 countries. With more than 1,000 employees in over 30 global offices, we are there to support you in your trading experience.
- The broker offers access to ForexVPS free of charge for clients that have a minimum balance of $1000.
- However, payments to and from overseas banking institutions may attract intermediary transfer fees from either party independent of Vantage FX.
- This is a more advanced trading platform introduced by MetaQuotes in 2010 to take your forex trading to the next level.
- Vantage also has an entity that holds regulatory status with the Cayman Islands Monetary Authority (CIMA), and by the Vanuatu Financial Services Commission (VFSC) in Vanuatu.
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 it is still a long way off from competing with the best mobile apps in the industry. When you learn and master a consistently profitable forex trading strategy, the potential is limitless. As money management and discipline in executing limefx company reviews your trading strategy is key, Vantage has structured our website to contain a plethora of content under both the News and Education menu tabs. Go through them at your own leisure and see what the world of forex trading can offer you. The firm offers MT4, MT5, and TradingView-based platforms, which in our opinion is exactly what the average retail trader should be using.
Other trading platforms
For traders who are located in countries outside the UK and Australia, Vantage also offers a range of social trading platforms. This account requires traders to pay a commission for each trade, but there are no markups on the trading spreads. For active traders, saving on the cost of spreads each trade can add up to huge amounts of money over time.
Customer Support Contacts
There are regular educational webinars, which are run by a trading education firm called Trade With Precision which focus on topics such as specific technical indicators and trader psychology. If you ever have a problem or an inquiry regarding your Vantage account, there are a number of ways you can contact the customer support team to have things resolved. Vantage is also a member of The Financial Commission which is a body formed exclusively for solving any disputes between brokers and traders in a smooth, seamless manner. The Financial Commission while impartial, is not a government body or regulator.
How many instruments can I trade with VANTAGE FX?
After getting registered, you will need to submit a copy of your ID and documents that proves your residency. Finally, the broker has bagged several industry awards from CV Magazine, Fintech Awards, The Forex Awards, IB Times Trading Awards, and more. Currently, there are no deposit bonuses available with this brokerage. Forex Swap rates are affected by market conditions and the interest rate of the affiliated countries of the chosen Forex currency pair. Read our full explanation and accounting of our research and testing process to learn more about how we test.
Vantage FX has been awarded the Global 100 award in the category of best MT4/MT5 broker and low-cost broker in 2020. They offer the most competitive spread in the market through their RAW ECN and Pro ECN Account that starts at 0.0 pips. For a standard STP account, they charge 1.4 pips which is also a moderate charge.
1 leverage up to
At Vantage, we hold ourselves to the highest regulatory and security standards so you can trade through us with absolute peace of mind. Vantage fx is a Non-Dealing-Desk broker that connects you to an inter-banking system. Though they claim their deposit system to be completely free of cost, we observed some exceptions while testing the payment methods.
That creates the chance for the fund managers to generate more profit for their clients. All the desktop, mobile, and web trader versions will give you an experience of seamless and robust trading executions. Although we found their MT5 lacks compatibility for reverse trading strategies, their MT4 ensures you an outstanding trading environment through its add-ons. Keep in mind that if you have a plan to hire any broker, your valid identity and residency proof must be provided.
Payment from joint bank accounts or credit cards is accepted if the trading account holder is one of the beneficiaries. 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. This is unlike most financial firms that would charge a certain sum on trading accounts after a prolonged period of inactivity. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.
For more than 10 years, we’ve purpose-built our platform and services to help you trade effortlessly and better on the right market opportunities. Our Vantage ecosystem is not only a place for you to trade in financial assets, but a place for you to learn, explore and connect with other like-minded investors. They offer 40+ Currencies, https://limefx.biz/ Indices like Dax, SP500, commodities, precious metals, energies, and CFD cryptocurrencies. Vantage FX offers 9 base currencies; EUR, AUD, SGD, CAD, GBP, NZD, HKD, JPY. You will have to pay conversion fees if you fund with any other currencies except those. A multi-currency bank account at a digital bank is a good idea in this case.
