Vantage Fx Review 2021, Safety, Platforms And Fees

A broker for both professionals and beginners, but most of all, this company is suitable for professionals. While Vantage FX does not directly provide a proprietary copy or social trading service, these are available through third party platforms like ZuluTrade, DupliTrade and MyFxBook. Zulutrade is for both copy and social trading and is available with a $100 minimum deposit, while MyFxBook is another copy trading option that offers over 90,000 traders to copy from. As with the other account types, both MT4 and MT5 trading platforms are available for your use here, and the full range of markets including forex, commodities, indices, and more are available to be traded.

vantage fx review

Per AML requirements, the name on both accounts needs to be the same. The selection of payment processors remains solid and the terms and conditions follow the standard operating procedures. The full suite of the MT4 and MT5 trading platforms is offered; this includes the downloadable desktop version, a web trader, and a mobile version.

The steps include registering, choosing an account type, and submitting your application form. On confirmation fund your account through one of the funding methods, and you are ready to trade. Australian clients may expect the funds in their bank accounts by the next working day, while overseas clients may have to wait several days for it to reach their accounts. This account ideal for the Margin trading more experienced traders due to deep liquidity and razor-sharp spreads. This account is ideal for beginner traders in search of no commissions and direct, simple access to the market. Often, the number and type of accounts that a trader can open with a broker company differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls.

For Pro Ecn Account Types

Investor protection is available only for UK investors so that no retail investor accounts lose money. Offering a huge range of markets and 6 account types, they cater to all levels of trader. Opening a Vantage FX account is specifically designed to be incredibly simple. Begin by filling out the online application and then fund the account using your choice of ten different funding methods.

The Conversion fee is dependant on your base currency, your receiving currency and your payment provider. The brokerage firms have to comply with a variety of rules and criteria for license approval, this is determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Vantage FX traders and provide a safe trading environment. We have checked and Vantage FX is regulated and supervised by reputable organisations.

As well as being able to manage your trading portfolio you can deposit and withdraw funds with the click of a button. Moreover, Vantage FX has teamed up with Trading Central to offer market analysis, financial news updates, extensive market analysis, all in real-time from the Vantage FX app. The Vantage FX web trading platform is supported by the MetaTrader trading suite. Both MT4 and MT5 trading platforms are widely popular with all types of traders due to their fully customizable designs and intuitive interfaces.

vantage fx review

We aim to provide unbiased online trading broker reviews to give traders a clear understanding of the different brokers available to them. Traders can use our free service but should do their own due diligence and make their own decisions when choosing an online trading broker suited to their individual needs. Vantage FX have a variety of convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit card and online payment systems such as Neteller and Skrill. Please note that some methods may only be available to specific countries. Vantage FX offer trading services to clients from most countries excluding residents of certain jurisdictions such as the United States, North Korea and some other regions.

Banking Options

This broker is ideal for traders who don’t require anything from their broker besides great trading conditions. Vantage FX has developed a series of plugins that turn the out-of-the-box MT4 version, lacking critical features, into a much better trading environment. The focus on the MT4 platform over the MT5 option shows that the broker knows what traders want.

We tested communicating with Vantage FX support in multiple languages in multiple countries. Vantage FX have a B grade support rating because sometimes the reposonse was slow or our query wasnt answered. Vantage FX offer email support and supports a limited amount of Languages. Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent. Vantage FX offer CFD which are a leveraged product for this example we describe ten times leverage. As with most brokers, margin requirements do vary depending on the instruments.

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  • A common live account choice for many traders at Vantage FX and another great starting point for newer traders is the Vantage FX Standard STP Account.
  • KPMG annually audits the Vantage FX financial reports and Australian Financial Services License.
  • With STP technology, all Forex orders are transmitted to Vantage FX’s liquidity providers.

Opening an account requires a minimum of $100 for the Standard account and $500 for the RAW account. There is a deposit restriction of $1,000 for opening an account, and any excess will be refunded. You should be aware that while Vantage FX doesn’t charge deposit fees for electronic deposits or withdrawals, transfers and conversions to and from overseas banks might incur fees. Clients are not charged membership fees, nor are they asked to pay exchange, regulatory or data fees. Top-notch technology, fast-order execution and a stable trading environment are provided. Overall, we find Vantage FX’s customer support very approachable and easy to deal with.

Unethical Conduct Service Use: Other

Engine Forex may receive a commission, referral fee or payment from a provider when you click on a link to their brokerage firm. Products included on this site may not suit your personal objectives, financial situation or needs. Please consider whether it is appropriate for your circumstances, before making a decision to purchase or apply for any product. If you are considering acquiring any financial product you should obtain and read the relevant Product Disclosure Statement or other offer document prior to making an investment decision. Vantage FX distinguishes itself from other MetaTrader brokers by offering additional platforms, including Zulutrade, and DupliTrade. ZuluTrade is one of the leading online Social Trading platforms in the world that has a large client base.

We compare brokers by calculating all the fees of a typical trade for selected products. Kylie Purcell is the investments editor at Finder, specialising in investment products from online brokers to robo-advisors and ETFs. She has a background in business and finance content with her work featured on sites including Yahoo Finance, Sky Business, SBS, CTGN and the Adviser Magazine. Kylie has a Masters in International Journalism and a Graduate Diploma in Economics. She is currently working towards ASIC RG146 compliance certificates for Financial Advice and Securities and Managed Investments.

vantage fx review

On the flip side, the product portfolio at Vantage FX is rather limited as the broker only offers forex and some CFDs. The customer service could be improved, especially with respect to the relevance of e-mailed responses. Lastly, Vantage FX provides investors protection to its clients only from the UK. The broker also provides numerous manuals and tutorials on MT4 and MT5 as well as on the Smart Trader tools. There are extensive ProTrader Video Tutorials that offer over 30+ videos that include an Introduction to Forex, MT4 – A Complete Guide, and the MT5 Complete Guide. Overall, these videos are extensive and contain a great deal of information suitable for beginners and advanced traders.

Is Vantage Fx Global?

You can load charts of all trading instruments in multiple windows and customise them to suit your preferences. Vantage FX also use the oneZero™ MT4 Bridge which is a price aggregator that connects Underlying their dark liquidity pools directly to clients MT4 platforms. The oneZero™ MT4 Bridge can handle a large number of market orders and is capable of processing 150 unique price feeds at speed.

Moreover,Vantage FX does not charge internal fees for electronic deposits or withdrawals,while some additional methods may charge fees. However, always note with your payment provider in case any charges are waived for processing. It is imperative to ensure that when you are going through a broker application, you clearly read all of the brokers terms, conditions and policies. Vantage Eurobond FX offer cryptocurrency trading on some of the most popular cryptos such as BTC, ETH, LTC, DASH and Bitcoin Cash. Vantage FX have a variety of educational materials in their free education library for all trader skill levels covering both basic and advanced trading concepts. The Vantage FX economic calendar is provided by MetaQuotes and lets you track the latest market events.

Finally, we’ve listed some of the popular funding methods that Vantage FX offers its traders below. Vantage FX also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move. Like most brokers, Vantage FX takes a fee from the spread, which is the difference between the buy and sell price of an instrument. The analyst views provide expert trade ideas that are an exclusive market research solution which combines senior market analyst expertise along with algorithmic pattern recognition. The trade terminal is a one click trade manager with a range of built in functions for quick trading.

The MetaTrader 5 platform is the most popular forex trading platform amongst all. It is the next generation forex trading platform after MT4 that rolls off the production line at the MetaQuotes Software Corporation. Low minimum deposit, $200, and accepted in most of the countries of the world.

Deposit And Withdrawal

These have many of the same in-depth features as their desktop counterparts and allow for in-browser trading that is convenient and extremely user-friendly. Moving to the trading platforms available, here is everything you can expect in this regard when it comes to trading at Vantage FX. The Vantage FX leverage that is available to you depends on two important factors.

Account Opening

For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card. Vantage FX provides users with tutorial videos on assets and how to navigate through the platform. Their Pro Trader Tutorial series is available to live account holders. The series features over 100+ video lessons on the forex market, technical analysis, share trading strategies, risk management and many more.

Furthermore, the award-winning customer service is also a reason to trade with this broker. It also offers automated trading services for clients who may not have time to trade themselves. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss. Vantage FX takes these regulations and security measures very seriously in its quest vantage fx review to provide a transparent and secure forex trading environment for all clients. MT5 is offered to Australian clients and for international proposal, also including social trading capabilities.

Vantage FX customer service is good, Live agents are helpful supporting various languages and available 24/7, we also got fast answer via the Live Chat. You can learn via trading videos, Manuals, Tutorials and Daily market Update by inhouse specialists. Withdrawals are processed within 2 days by the broker, plus additional days for money to appear on your account due to payment providers. The trading conditions at Vantage FX are good, but different in each entity. Almost all trading strategies are allowed including scalping and hedging.