VantageFX Review 2024 Comprehensive Broker Analysis

broker vantage fx

I personally like the ECN account as it has the lowest spreads and commissions combined. They provide you with access to over 300+ financial instruments on multiple asset classes including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, ETFs & CFDs. This is a generous selection that should meet the needs of more retail traders. You can find major currency pairs, popular cryptos and shares of the largest companies.

CUSTOMER SUPPORT

Around 58% of all reviews on the platform have a 5-star rating, with 23% of all reviewers giving the broker a 1-star score. Trade the world’s most popular forex and currency pairs with a trusted forex broker. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.

broker vantage fx

TRADING

At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Vantage offers its own proprietary trading app, alongside the standard MetaTrader suite of mobile apps. 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.

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  • Like with most brokers, a demo account is available so you can test out the platform and the broker before committing.
  • As a globally recognised multi-award-winning CFD broker, we pride ourselves on striving for excellence in what we do, and providing the best trading experience to all our clients.
  • Download the Vantage App today to explore these new features and elevate your trading experience.
  • When it comes to managed accounts for manager and investors, this is one of the best solutions I have come across.

Please read our legal documents and ensure you fully understand the risks before you make any trading decisions. Telephone calls and online chat conversations may be recorded and monitored. With Vantage FX, you will enjoy the benefit of super-fast trade execution and interbank grade RAW ECN spreads with no dealing desk intervention. The broker offers https://limefx.club/ institutional trading conditions to retail traders, operating a true ECN/STP model of execution that offers transparency and helps to build trust. As with other ECN brokers, Vantage FX uses top-tier liquidity providers (LPs) to ensure deep liquidity, fast trade execution speeds, and tight interbank RAW ECN spreads that start from just 0 pips.

Deposit fees

In addition to the auto trading features in the MetaTrader 4 and MetaTrader 5 apps, Vantage also provides users of the platform with access to ZuluTrade and Myfxbook AutoTrade tools. These additional tools are a great way of adding some social and automated trading features to your trading account. The Myfxbook AutoTrade tool allows you to seamlessly integrate copy trading into your Vantage investment account by connecting you to a growing network of over 90,000 forex traders. Similarly, ZuluTrade integrates into your Vantage trading account and gives you instant access to a network of over 10,000 professional day traders. Social trading is a great way to learn from the top traders in the industry, so it’s great to see Vantage supporting it so well.

broker vantage fx

When all of that was complete, we were ready to deposit funds into the account. Just a couple minutes after we’d started the process, we were picking our desired currency to keep our account in, and the specific account type we wanted to open. Up next, we had to share some basic details regarding our trading history and experience. Next, we had to share details of our employment status and financial position.

We do not provide financial advice, offer or make solicitation of any investments. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. All funds deposited into your trading account must be under the same name as your Vantage trading account.

There is a mixture of news analysis and discussions covering both technical and fundamental analysis. It should be mentioned that the articles are not as frequently updated as some other online brokers. Traders are ranked by ZuluRank, a proprietary performance evaluation algorithm and accounts can be fully managed through the account management suite which has advanced risk management features such as ZuluGuard.

As a Tier 1 regulatory authority, ASIC also mandates that all client funds are kept fully segregated from the broker’s corporate accounts in client trust accounts at top-rated banks. This way, the risk of fraudulent behavior by the brokerage is kept at a minimum. 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. Finally, let us compare Vantage FX Standard Account average spreads with those other major brokerages offer on the three most actively traded Forex pairs. When trading soft commodities CFDs, traders will have to consider factors including weather conditions, global demand, and geopolitical events that impact their production.

For this reason, a Swap Free Islamic Accounts is available provided you can prove your eligibility. In case you are wondering how these commissions compare to other brokers, Ross Collins did an extensive comparison. We think you will agree that commissions with VantageFX are very good when you see our Commission Fees results. The Vantage Group of companies is regulated by financial bodies in a number of jurisdictions across the globe.

Their clients are offered over 300 CFD products, including FX pairs, precious metals, commodities, indices, futures, and share CFDs. The broker aims to provide retail and professional clients with unrivaled trading conditions. Additionally, Vantage FX’s traders can trade with the mobile versions of the MT4 and MT5 trading platforms.

Vantage currently offers CFD trading across forex pairs, indices, commodities, metals, energies and US/UK/HK/EU/AU shares. In total, Vantage offers 24 different CFDs across a range of different financial instruments and assets. Traders who are looking to profit from some of the world’s most popular stocks can consider trading stock CFDs with Vantage FX. Currently, Vantage FX offers 50 share CFDs from the US stock exchanges, over 70 share CFDs from the UK and European markets, and 50 share CFDs from the Australian market. You can speculate on some of the largest companies from the United States, the UK/Europe at $6 and €10 per trade, respectively.

Traders outside of the UK and Australia have more leverage, at the expense of their accounts being regulated by non-A-Grade regulators. 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. The flexibility was great, as you can really practice limefx website trading the same size as when you open a live account and trade real funds. If you are of Islamic faith and comply with Sharia law then the use of a riba is forbidden. In the case of trading, a swap fee (sometimes called an overnight charge or rolling fee) is considered a form of riba and is therefore not permitted.