Vantage FX is a legitimate and multi-award-winning broker with over 15 years of experience. Various Tier-1 authorities depending on your location, ensure a secure and transparent trading environment and regulate them. FOREX.com is authorised and regulated by the Monetary Authority of Singapore (MAS), ensuring compliance with Singapore’s financial standards. Here you must indicate your date of birth, the type of identity card, and the number of the document that will be used for verification. To start working with a broker, you need to go through the registration procedure.
In this review, you can find all the information you need to decide whether is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the https://lunarcapital.vip/ things we know matter most to traders. 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.
Trade Smarter with Our Trading Tools
Vantage FX offers negative balance protection, a crucial feature for limiting losses. 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. Vantage FX has several account types, each with its own structure for trading fees. This allows you to choose whether you prefer competitive spreads and no commission fee or extra-tight or even zero spreads and commissions. With mobile access to advanced charting tools and real-time market data, Vantage’s mobile trading platforms make it easy to stay connected and active in the market, no matter where you are.
Vantage Markets – How to open a trading account? Firsthand
Impressively, Vantage FX does not charge inactivity fees, which are common among competitors. This is a very strong point in favor of Vantage FX, especially for those who are new to trading and may trade inconsistently. If you are registering with Vantage FX from the UK, you can also choose between a commission-free account or a Pro account that charges from £1.50 per 100k traded. Deposits are typically processed instantly, allowing you to access the markets without delay. This speed and convenience are ideal for those looking to act quickly on market opportunities.
While some brokers offer a greater number of forex pairs, our Vantage FX review team found that the broker has more than enough variety to allow for a diversified trading strategy and portfolio. The Myfxbook AutoTrade service mirrors accounts, letting you copy the trades of top systems. You can choose from more than 90,000 forex systems, and you’ll also have the ability to customize and manage the copied trades.
However, your payment provider may charge a fee, in which case you will be responsible for that fee. Moreover, withdrawals in the UK usually cost £5, although there is a free option too. UK clients have slightly different account types and a slightly different pricing structure. For instance, spreads start as low as 0.25 pips for the Vantage Prime Pro account or 0.6 pips for the Vantage Prime account.
We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. 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. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
Account Types
Trading in futures and options carries substantial risk of loss and is not suitable for every investor. Vantage Markets provides a standard range of trading assets in line with the market average. The platform includes 1000 assets in total and 40 Forex currency pairs. Available methods include Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT, Ethereum.
Platform tutorial videos
- Vantage also offers negative balance protection, giving clients peace of mind that they cannot lose more than their account balance, even during periods of heightened market volatility.
- With over 500,00 global traders, Vantage FX’s RAW account option has some of the lowest spreads in the market, starting from 0.0 and at $2 per lot commission.
- While the bid-ask range starts from zero pips, clients also pay a commission of $3 and $2 per standard lot per side on the Raw and Pro ECN account types correspondingly.
- Clients registering with the forex broker have the choice of 180+ products comprising spot and derivatives, all accessible on the MT4 & MT5 platforms.
- In this review, you can find all the information you need to decide whether is the right broker for you.
- The Vantage FX MT4 platform is available in an exceptionally large range of languages.
By the Financial Conduct Authority (FCA) under Vantage Global Prime LLP, for institutional clients. The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation or individual needs. We strongly recommend you to seek independent professional advice or to conduct your own independent research before acting upon any information contained on this website. As we wind up our review of Vantage FX, one of the best Australian CFD brokers operating since 2009, here is a summary of our study.
- Vantage FX offers a comprehensive trading experience with a strong focus on security, mulitiple trading options, competitive fees, exceptional support, and user-friendly technology.
- Vantage stands out for its competitive pricing structure and transparent approach to trading costs, appealing to both beginner and experienced traders.
- Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.
- – Non-trading fees aren’t directly related to trading, but you should consider them as they make up the cost of using a certain broker.
- MT4’s simplicity and reliability continue to make it a favorite for many traders, particularly those focused on forex and CFD markets.
Vantage – Pros & Cons
Their trading costs are low and the offering of leverage is the highest in the market. Vantage FX is followed up regularly by different audit and transparency authorities. The bigger your trade size is, the lower you have to pay their trading charges. The Vantage FX application is a proprietary trading platform that lets you trade on the go, accessing share CFDs, indices, commodities, and forex pairs. There are versions available for both Android and iOS, and it provides access to full trading functionality. Our review of the Vantage FX forex broker found a vast range of payment methods, and the https://lunarcapital.team/ process of depositing and withdrawing is generally fast and easy.
Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
It provides insights into the bid and ask prices for top currency pairs. The table below highlights the spreads differences between Vantage and Pepperstone, helping you decide which broker offers the best conditions for your trading needs. Yes, in 2024 prop trading was added through the Vantage Elite Trader program. You can view our sister site ‘prop-firms.com’ where we evaluate the best prop firms and where traders can read the exclusive Vantage Elite Trader review. The firm offers MT4, MT5, and TradingView-based platforms, which in our opinion is exactly what the average retail trader should be using. We looked through the company’s trade ideas articles which largely had generic market information with some basic technical analysis for certain CFDs and currency pairs.
The inclusion of MetaTrader platforms helps the broker appeal to a wider audience, as it’s software that most traders are familiar with. Vantage stands out for its competitive pricing structure and transparent approach to trading costs, appealing to both beginner and experienced traders. Its fee model supports a range of strategies, including scalping and high-frequency trading, by maintaining consistently low costs across account types.
They apply no other trading or non-trading charges like deposit or withdrawal charge, inactivity charge, etc. In the case of international bank transfers, you can withdraw free of cost once every month. After that, each time you will be charged 20 units of your base currency. Vantage FX has been awarded the Global 100 award in the category of best MT4/MT5 broker and low-cost broker in 2020. They offer the most competitive spread in the market through their RAW ECN and Pro ECN Account that starts at 0.0 pips.