It is a better fit for casual traders who will appreciate the custom watchlists and news updates. Third-party platforms such as MetaTrader 4 and MetaTrader 5 are supported as well as a ProTrader terminal powered by TradingView and a Vantage App. Here, the processes involved are fully automated with no manual input, with orders being routed directly to a liquidity pool. Costs may be higher in the long run, but this will suit traders looking for zero commissions and competitive spreads. 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.

What types of accounts does VantageFX offer?

This enables equity traders to engage with individual company performance across key sectors and geographies. Vantage provides comprehensive customer support to address traders’ needs effectively. Available 24/7, their support team assists with live chat for immediate solutions and phone and email for more detailed inquiries. Among its top trading platforms are MetaTrader 4, MetaTrader 5, Instrumental-based web browser trading, and a self-developed mobile app.

• Then we had to provide details about our address and whether we’re a US resident for tax purposes.
• To evaluate brokers, we test the accounts, trading tools and services provided.
• This section is presented with training videos on working with trading terminals.
• Vantage Mobile features a modern and intuitive interface, real-time market data, customizable dashboards, and integrated trading tools that allow traders to execute trades swiftly and efficiently.
• Forex markets are always traded as currency pairs where a Forex trader will always buy or sell one currency in terms of another.

Are Vantage’s Fees Competitive?

I’ve only started with Vantage recently and found they support new traders very well. From https://lunarcapital.vip/ an onboarding journey to educational materials that help me get started quickly and understand the world of trading. It’s been 13 days and they still haven’t given me my profit, nor have they returned my deposit money. For thirteen days I’ve been suffering I email them daily, and every time they reply saying the issue will be resolved within 72 hours. I even left a review, but after seven days, there has still been no response.

Registration Procedure

When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. Vantage accepts payments via bank wire, credit and debit cards, and e-wallets.

Advanced charting software and high-quality copy trading tools also enhance the forex trading experience for us. On the negative side, withdrawal timelines are slower than some alternatives and regulatory protection at the offshore branch is weak. Gain instant access to the world’s most liquid Stock Exchange Indices through your MT4 and MT5 trading platforms. Linked to the Vantage oneZero™ MT4 Bridge, the broker provides the fastest execution speed due to unparalleled access to the deepest liquidity available at any time. This helps to make sure that they can offer traders truly transparent pricing, the prices of all Vantage Indices are based on the underlying price of the index’s corresponding stock market. Leverage the volatility of the largest stock market indexes in the world such as the SP500, DAX, FTSE and DJ30.

Yes, Vantage offers demo accounts via MetaTrader 4 and MetaTrader 5 for traders to practice without financial risk. 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. Vantage does not charge any fees for withdrawals, though it’s important to be aware that external payment providers may apply their charges. With a minimum deposit starting at just $50, Vantage offers an accessible entry point for new traders while maintaining cost efficiency and pricing transparency across the board. Currency conversion fees are applied when the deposit or withdrawal currency differs from the base account currency.

Founded in 2009 and headquartered in Sydney, Australia, it offers over 1,000 tradable assets at very competitive prices. As per our Vantage review, it is an overall good forex broker with some excellent features. The platform protects clients against negative account balances and segregates clients’ funds to eliminate scams’ chances. Also, the platform asks for documentation and personal information when opening an account. So you can try and test the platform by yourself and analyze its services. Disclaimer – BrokerBenchmark.comRisk DisclaimerPlease note that trading and investing in financial instruments, commodities, and other assets involve a high level of risk.

• With that said, the commission-free trading model will serve new traders looking for straightforward pricing.
• Our team rate the variety of payment methods supported as it makes the broker easy to use globally.
• They handle withdrawals and deposits quickly and are transparent and fair with spreads and other trading services.
• However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings.
• Vantage’s commitment to providing accessible and responsive customer support underscores its dedication to client satisfaction and operational excellence.
• Next, we had to share details of our employment status and financial position.

Where is Vantage based?

These trading platforms can be great if you find an impressive trader and you’re confident they have a good strategy and legitimate edge, but our advice is to always be skeptical when following other traders. I also concluded that the Vantage Raw account offers the most efficient conditions in terms of price competitiveness and affordability. It has a better pricing mechanism than the Standard account and the same barrier to entry—a $50 minimum deposit requirement. I particularly appreciated Vantage’s above-average cryptocurrency offering and the flexibility of cryptos and some metals being denominated in multiple currencies (USD, JPY, and EUR). My only minor concern is the absence of stocks from Asian companies in its asset selection. Vantage offers over 1000 tradable instruments across currency pairs, commodities, share CFDs, indices, cryptocurrencies, futures, ETFs, and bonds.

Additionally, the lower price point of $200 to join the program makes it more accessible. ZuluTrade is another leading third-party copy trading solution which can easily be integrated into the MT4 and MT5 platforms. Supported funding methods include bank wire transfer, credit/debit card, Neteller, Skrill, AstroPay, FasaPay and broker-to-broker transfer.

The broker offers three platforms, including Zulu Trade, Dupli Trade and MY FX Book, for social trading. You can get access to the platform’s most accurate trade signals, education material, webinars, blogs, videos, smart analysis and research tools. Vantage offers a robust copy trading feature, allowing traders to replicate the trades of seasoned professionals directly within their accounts. This feature enables traders, particularly beginners, to follow and mimic the strategies of successful traders, making it easier to learn and profit from the expertise of others. By using Vantage’s copy trading platform, users can track top traders, view their strategies, and automatically replicate their trades, creating an accessible pathway to active participation in the markets. Vantage ensures that traders can trade on the go with its mobile trading apps, compatible with both iOS and Android devices.

We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. The competitive pricing in the ECN accounts, additional tools and the rebate scheme also https://lunarcapital.team/ 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. 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.

You can elect for a wire transfer, which will incur $0 fees from Vantage, but may have fees charged by the bank that you’re sending funds from. A few notable brokers such as Pepperstone, IC Markets, FXTM, AXI and Exness use this body to resolve disputes and on average claims take about 5 days to resolve. If you have multiple accounts, you can switch between them in seconds with MT5. Personally, my easy choice would be to combine TradingView charting with MT4 for order entry.

Its educational content covers in-depth rarely discussed topics, such as indices trading. The broker also provides nuanced market research by Autochartist and Trading Central. There are different types of accounts with different features to start trading on this platform, including Standard, Raw spreads and pro accounts.

Equally, the Raw ECN account, fee rebates, premium MetaTrader and TradingView packages, and VPS support, will allow more experienced traders to get the most out of their membership with the broker. Support is available 24/7, providing amongst the best coverage available on the market thanks to the broker’s live chat, telephone hotline and email contact options. For us, the fee rebates and perks through V-points will be the most useful for active traders. This service can also be accessed for free once you have deposited at least $1000 in your account as the broker will refund the cost of your chosen VPS up to $50. This gives traders the added flexibility to choose their own VPS provider.

Account Types

Vantage offers this access to global FX Markets via its powerful MetaTrader 4 (MT4) platform. 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. The content from Trading Central and Autochartist provides traders with a layered overview of market developments from multiple angles.

The in-house platform is easy to use and there are hundreds of popular assets to trade. Based on my first-hand Lunar Capital review, the firm is an excellent choice for traders looking for low fees, best-in-class tools and a range of global markets. Vantage also doesn’t disappoint when it comes to additional trading tools. I have been particularly impressed with the comprehensive range of third-party social trading platforms, including Myfxbook and ZuluTrade. The MetaTrader platforms come with some of the most comprehensive libraries of technical indicators and drawing tools.

We always recommend that users approach forex trading with a sensible risk management strategy. You can use these apps to execute trades, view news and charts and create custom watchlists. On the negative side, the lack of crypto trading for global clients means it isn’t the best choice for dedicated crypto investors.