We believe in uplifting one and all, ensuring everyone emerges better than before. Headquartered in Sydney and boasting over 10 years of market experience, Vantage Markets operates in 172 countries and maintains a global presence with over 1,000 employees situated across 30 offices worldwide. Our mission is to expedite your path to success while upholding the highest standards of regulation and security, ensuring your investments are safeguarded. From the above, we can see a mark-up spread of 0.8 pips to the average spread on Vantage FX’s Standard Account to cover the costs of trading the EUR/USD pair. While the account creation is swift (can be completed within 5 minutes), it may take up to 24 hours to get your trading account verified.
- If you’re just starting out, or you only going to take the occasional trade, the standard account is probably right for you.
- The Vantage App, available on both the App Store and Google Play, facilitates trading on the go.
- By delving into the spheres of autotrading, users can transcend the limitations of emotional influence and human inconsistency from their trading habits.
- We think you will agree that commissions with VantageFX are very good when you see our commission test results.
There are also 29 stock indices, such as the S&P500, the Australian SPI200, and the FTSE100. These are great if you want to take a position on the direction of a country’s stock market, or even a segment of a particular stock market. When it comes to the range of trading instruments available with Vantage, there are plenty, but not as many as companies limefx scammers like Pepperstone or IC Markets. There are countless chart indicators in TradingView, all accessible at the click of a button. If you have multiple accounts, you can switch between them in seconds with MT5. Placing orders in MT5 is very simple, select your order type and trading parameters, then click the blue or red buy and sell buttons.
Vantage FX Broker Review
Founded in 2009, Vantage offers trading on 1000+ CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app.
While we think the spreads are very decent, what we equally (if not more) interesting is broker’s low commission costs. For most countries, the commission per round turn is $6, or $3 per side, for a full lot ($100,000 trading size) but with VantageFX if you are in Australia or the UK commission is a fair bit lower. Despite the fact VantageFX round their average spreads (we assume down, not up), we can say their spreads compare favourably to https://limefx.biz/ the industry average. But our results do suggest there may be certain currency pairs to look out for, for example, our test suggests the spreads for the AUD/USD pair might be a bit high. In the case of VantageFX, they only provide the average for their commissions-based account (specifically their RAW ECN account) so we are able to compare this type of account. VantageFX like many brokers, provide their average spreads on their website.
Is Vantage FX Regulated?
Adherence to the terms and conditions is paramount to ensure a seamless and enriching trading experience. Venture into Innovative Social Trading Discover the multifaceted realm of social Forex trading through the distinguished ZuluTrade platform. Clients can withdraw funds online by logging into the secure Vantage FX client portal and selecting the withdraw tab from the menu. All withdrawal requests are processed via the payment method that was used to make a deposit.
Customer Support
We understand the critical importance of keeping trading costs at a minimum. At Vantage, we stand as a global, multi-asset CFD broker, opening the door to a potent and agile CFD trading experience across Forex, Indices, Commodities, ETFs, and Stocks. With over a decade of market presence, we take immense pride in delivering lightning-fast execution and maintaining competitive spreads. Dive into a world of trading tools, including drawing and analysis aids, market insights, and educational resources designed to empower you in maximizing your online CFD trading endeavors. The broker’s regulation by ASIC indicates a reputable broker that keeps to regulatory and ethical requirements.
Vantage FX vs Other Brokers
This type of model means they are using straight-through order processing (STP) or possibly Electronic Communication Networks (ECN) since this is the name of some of their trading account. Despite what we have just said, their fine print does make it clear that their license allows them to offer a traditional dealing desk (aka market maker) when necessary. Selecting Expert Traders to Guide Your Journey Choose the expert traders you aspire to emulate, broadening the horizons of your Forex trading experience by encompassing diverse strategies.
As well as evaluating a broker’s product portfolio, fee structure and trading tools, we consider the availability of GBP-denominated accounts, the presence of UK-based customer support, and FCA authorisation. Our experts also factor in their hands-on testing experience into broker ratings. Vantage FX provides social copy trading through ZuluTrade, MyFXBook Autotrade and DupliTrade.
The Financial Commission while impartial, is not a government body or regulator. Of course, it’s always a good idea to hold only a fraction of your trading capital in any one trading account at one time. For traders outside of those particular countries, your account will be regulated by Vanuatu’s VFSC (Vanuatu Financial Services Commission). Vantage is a member of The Financial Commission, which is an independent dispute resolution body. 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. All of the deposit options come with zero fees from VantageFX themselves, but some options may have fees from a specific bank or financial company.
Additional Features
We keep a record of 40 such brokers that do this such as Pepperstone, IC Markets and Go Markets, doing this allows us to not only compare the average spreads between brokers but also compile an industry average. Delve into DupliTrade and commence your journey by synchronizing your strategies with those of experienced traders. Witness the confluence of knowledge, experience, and innovation, propelling your trading endeavors to unprecedented heights.
All in all, Vantage has a solid product offering, not as much as some other major brokers, but it should be enough for most traders. We were also happy to see that trading commodities were easily accessible with Vantage. There are options to trade products such as cotton, cocoa, sugar, orange juice, wheat, and even soybeans.
As you can see, MT5 has a very clean and intuitive interface, which is great for keeping trading stress levels to a minimum. These allow you to either copy another person’s trades or publish your trades and allow others to ride along with you. Personally, my easy choice would be to combine TradingView charting with MT4 for order entry.