The broker’s regulation by CIMA, FCA, and ASIC provides peace of mind, as does its use of a top-tier bank for storing client funds in segregated accounts. We appreciate the various pricing structures, as this allows you to choose to trade with or without commissions, depending on which appeals most to you. You should feel confident that your funds are safe when opening an account with Vantage FX. The broker is multi-regulated, primarily by CIMA, with additional regulation by the FCA and ASIC in the relevant jurisdictions.
MT4 is available as a desktop application for Windows and Mac computers, WebTrader, and a mobile app for Android and iOS devices. The WebTrader can be accessed through all popular web browsers, such as Chrome, Safari, Firefox, and Edge. Several of the Vantage entities offer traders the option to open a Cent account, which is activated with a minimum deposit of $50. Spreads on the Cent account are very competitive, starting at 0.0 pips. These overnight financing costs differ based on the instrument, position direction, and market conditions. Vantage provides a detailed swap schedule on its trading platforms to help traders plan their holding strategies efficiently.
Vantage FX customer support
The broker offers automated copy trading services and the industry-leading MT4 and MT5 platforms. In various locations, Vantage FX indicates that it offers more than 300 instruments for trading, including on the pages dedicated to specific platforms. However, this number may reduce depending on which entity of the broker you’re trading with, your account type, and your chosen trading platform.
Customer Support
As part of our Vantage FX review, we tested all customer support contact methods. We found that the multiple channels give comprehensive and convenient coverage so that you’re never stuck without help. You can contact support via live chat, phone, or email, and the broker does its best to get back to you within 24 hours.
Tradable Instruments
There are zero deposit fees, though your financial institution may have its own charges. There are also written tutorials of the platforms for those who learn better by reading. These include step-by-step written instructions for installation and a basic https://worldtradex.pro/ overview. Expert analysis from Vantage FX is yet another important feature in the Pro Trader Tools suite. It provides you with technical analysis, based on expertise and quantitative technology. The clear key levels and trend lines also make it easy to act on the live trading advice.
Vantage vs Pepperstone Spreads
Vantage provides a demo account that allows both new and experienced traders to practice trading in a risk-free environment. This account gives users access to virtual funds, letting them hone their trading skills without any financial risk. Available on both MetaTrader 4 and MetaTrader 5 platforms, the demo account is an excellent tool for familiarizing oneself with the brokers services and testing out different strategies. Clients signing-up with Vantage FX have the choice of three account types, including two ECN and one STP, with the forex broker’s lowest spread starting from zero pips. Besides, the commission at $3 per standard lot per side is among the lowest in the industry. The forex broker offers the lowest spread to clients signing up for the Raw ECN and the Pro ECN account types.
Forex Broker Reviews
It is preloaded with virtual for practice purposes, with each demo account allowing trading with a virtual balance of up to $100,000. Reputable multi-asset broker, client accounts are independently managed and audited periodically. The transaction speed is very fast and the slippage is low, making the risk of news much reduced.
Vantage FX offers the opportunity to diversify your portfolio by trading baskets of stocks, bonds, and commodities through the ETF products available to trade. While you will not be trading the underlying assets directly, through ETF CFDs, you may benefit from price movements in different markets, with both short and long positions available to ETF traders. Depending on the underlying asset traded as an ETF CFD, you may be charged no trading fees or you may pay a commission of up to $12 per trade. All supported trading platforms allow ETF trading, allowing Vantage FX clients to customize their trading to fit their preferences. Drawing prices from dark pool liquidity sources, the account allows its users to take advantage of the lowest costs while capitalizing on the fastest execution speeds. Vantage provides access to a robust selection of currency pairs, including major, minor, and exotic pairs.
- The WebTrader can be accessed through all popular web browsers, such as Chrome, Safari, Firefox, and Edge.
- You can also utilize the social trading platforms ZuluTrade and Myfxbook, which are perfect for beginners.
- ECN accounts at Vantage FX charge commissions, but Standard STP accounts do not.
- Whether on desktop or mobile, this feature provides a great way for traders to enhance their strategies and skills by leveraging the knowledge of experts.
- There are no deposit, withdrawal, or inactivity fees depending on which arm of the broker you trade with, the latter of which sets it apart from the competition.
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 inactivity fees, offering traders the freedom to pause their activity without incurring additional costs. This makes the platform especially flexible for those who trade irregularly or seasonally. In our review of Australia’s best CFD broker, we analyzed all the primary features of the MetaTrader 4 demo platforms along with the additional tools offered by Vantage FX. Summarizing the product offerings, Vantage FX offers the right mix of all the asset classes. However, traders looking for a broader range of stock CFDs would be disappointed as the top CFD broker has only a limited number of listed-companies in its product list.
- Vantage FX incorporates the latest innovative technologies to make trading faster and easier for their clients.
- 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.
- 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.
- Deposits are typically processed instantly, allowing you to access the markets without delay.
- The best in class platforms support all order types, right from the instant, market orders to the pending, trailing orders.
This is done via the National Australia Bank, which is the broker’s custodian bank and is AA-rated. This bank is among the four largest financial institutions in the country and is constantly in the top 20 safest banks globally. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Vantage clients can further explore their platform options at Vantage and trade with ProTrader, which is an advanced trading solution, powered by TradingView. Vantage offers a variety of account types, including Standard STP, Raw ECN, and Pro ECN accounts, to accommodate different trading strategies and needs. The SmartTrader is useful for both beginners and experienced traders to monitor and execute trading decisions based on the vital market-moving tools, including the market sentiment indicator.
For full functionality, you can review Vantage FX broker order management on the app. You can also use trading signals from Trading Central, custom watchlists, and take advantage of the news calendar and alerts. The application also lets you open your account and take care of fund management. UK clients have slightly different account types and a slightly different pricing structure. For instance, Worldtradex official site spreads start as low as 0.25 pips for the Vantage Prime Pro account or 0.6 pips for the Vantage Prime account.
Users can practice trading with the broker’s full range of 300+ instruments. Clients can access the MT4 platform and the Standard STP or Raw ECN accounts. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
ZuluTrade has more than 10,000 professional traders for you to copy, which you can sort via ZuluRank. There is also an account management suite that allows for customization and advanced risk management. Our review of the Vantage FX forex broker found a vast range of payment methods, and the process of depositing and withdrawing is generally fast and easy. You should also note that all international account type holders can choose from six base currencies; AUD, USD, EUR, GBP, CAD, and SGD.
If you’re not familiar with MT4 or unsure how to install some of the features, the videos could be your quick guide to set up and run the platform. Note, the minimum lot size is 0.01 while the maximum lot size is at 100.0. Established in 2009, the company founders consist of a team of finance, forex and technology experts. The Forex Market Overview features four sub-categories with a total of 17 articles.
These accounts eliminate swap fees on overnight positions, replacing them with a nominal administrative fee. This ensures compliance with Shariah law while still providing traders access to the full range of trading instruments and platforms. Vantage offers a range of account types tailored to the diverse needs of traders of all experience levels. Each account is designed to provide unique trading conditions, allowing clients to choose the best fit for their trading style and preferences. Vantage FX offers an unlimited demo account, as it can take time to learn how to become a profitable forex trader.
The minimum deposit at Vantage FX depends on your account type, and which arm of the broker you are trading with. Vantage offers its own proprietary trading app, alongside the standard MetaTrader and TradingView suite of mobile apps. Vantage has built a decent foundation for a new mobile trading application with its Vantage App.