One of the most important aspects to consider when choosing a forex broker is whether they are regulated or not. Vantage FX is regulated by the Australian Securities and Investments Commission (ASIC), a top-tier regulatory body that ensures financial companies operate fairly and transparently. Vantage Markets facilitates seamless and versatile deposit and withdrawal processes, catering to a global clientele with diverse preferences. The FX Broker supports a wide array of payment options, ensuring convenient and efficient transactions. The broker is regulated by at least two key tier-1 authorities such as FCA, ASIC, VFSC, and CIMA, who place a lot of emphasis on the insurance of clients’ funds. Then, its banks with top, AAA-rated banks including National Australia Bank (NAB) and Commonwealth Bank of Australia (CBA).
This is another great copy trading platform that offers users access to more than 90,000 forex traders to mirror. I would recommend the Standard STP account for beginners – fees are transparent with no commission and a variable spread. The Raw ECN profile is a better fit for experienced traders looking for ultra-low spreads and a competitive commission. Vantage offer 24/5 award winning global support via online chat, email and telephone. They can also help you with trading platforms through the 1 on 1 support they offer using the TeamViewer screenshare software. I have always received top class support but think it would be great if they could increase working hours to weekends as well.
- In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency.
- I also suggest beginners think carefully before trading forex with such high leverage.
- Yes, Vantage is suitable for scalping due to its tight spreads, low latency, and fast execution speeds.
- You will be asked to provide basic personal information, such as your name, email address, phone number, and country of residence.
- Vantage offer traders 24-hour access to the most liquid commodity markets including precious metals, energy and soft commodities.
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 makes it simple to start trading by offering a wide range of deposit methods and charging no deposit fees. As long as your account is verified by submitting a government-issued ID and proof of address, you’re ready to go.
Dedicated Customer Support
- Clients can browse the platform’s extensive database of traders, analyze their performance, and choose to follow and copy their trades automatically.
- While maintaining most of the robust features and conditions of the broker’s platforms, the web trader also allows greater flexibility.
- The platform becomes even more powerful once it is connected to the brokers deep FX liquidity pools via the custom made oneZero™ MT4 Bridge.
- Vantage offers a variety of account types, including Standard STP, Raw ECN, and Pro ECN accounts, to accommodate different trading strategies and needs.
- Rediscover the MetaTrader 4 and 5 Platforms by deploying the most comprehensive upgrade to your MetaTrader experience today and take your trading further with Vantage.
These awards highlight the broker’s commitment to providing exceptional trading conditions and a superior customer experience. Traders can reach the customer support agents via a dedicated phone number, email, and live chat both on the website and mobile app. In the case of bank payments, traders at Vantage can choose from around 8 currencies in which to carry out their transactions. This is slightly less than what you get at worldtradex, which offers up to 15 local currencies.
Trusted Brokers
For an alternative trading experience, I think the ProTrader is a compelling option. It features a modernized interface with an impressive suite of technical tools. After opening a few positions in both MetaTrader platforms, I’ve found that one of the main differences between the two is how many order types you can execute.
TOP BROKERS
No, Vantage FX forex trading broker does not accept clients from the United States. To enhance financial stability and demonstrate robust standing, Vantage FX maintains a minimum capital of at least $1 million, as required by ASIC regulations. This financial strength serves as proof of the broker’s commitment to maintaining a secure trading environment. As a regulated entity under the Australian Securities and Investments Commission (ASIC), Vantage FX adheres to strict regulatory standards.
Concentrating on CFDs, the broker gives exposure to some of the US, UK, and Australian major stocks, enabling traders to speculate on the prices without actually owning them. All in all, the broker offers good diversity, however we see instrument selection is different based on entity. Alike UK Trading does not support Crypto Trading, while on International Brunch account with Perpetual Cryptos is available, which is considered quite attractive for Crypto Traders. ProTrader, powered by TradingView, enables access to popular indicators and drawing tools. The traders are free to use over 100 technical indicators and oscillators and utilize trading and drawing tools ( trend lines, Fibonacci retracements, etc.). Also with ProTrader, it is possible to monitor the markets using 12 various charts and select up to 8 different timeframes.
This section includes daily market updates, technical analysis reports, and fundamental news covering major currency pairs, commodities, and indices. By staying informed about market-moving events and trends, Vantage clients can make better-informed trading decisions and capitalize on potential opportunities. Vantage (Formerly Vantage FX) is a well-established Forex broker that provides clients with a range of forex trading products and services to suit their needs. With a decade of experience in the industry, Vantage has established itself as a trustworthy and reliable broker that caters to clients from around the world. Operating from its headquarters in Sydney, Australia, and with offices in the Cayman Islands, Vantage is truly a global broker that caters to the needs of traders in different regions.
Trading Conditions
If you are a serious Forex trader, and want to keep your MetaTrader 4 platform running 24 hours a day, a virtual private server (VPS) is ideal. A VPS uses an external server to manage your trading connectivity ensuring that the MT4 platform is running 24 hours a day and is not subject to downtime caused by electrical or computer problems. Many Forex traders use VPS technology to ensure that their Expert Advisors (Forex trading robots) can run non-stop.
Vantage offer cryptocurrency trading on some of the most popular cryptos such as Bitcoin and Ethereum. 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. Traders can quickly open multiple order types, close individual or all orders, create templates for frequently used functions, quickly modify orders, set alarms and more. This tool allows users to put real time account data into excel for comparing, analysing and creating rules.
Both MT4 and MT5 facilitate the four key types of order (market order, pending order, stop loss, and take profit). For example, traders can earn V-points in the Vantage Rewards scheme which can be redeemed for cash, deposit rebate vouchers, lucky draws, profit boosters and more. When I used Vantage, I found that clients https://lunarcapital.team/ registering with the offshore entity can access several bonus deals and promotional offers.
The broker also provides an extensive FAQ page, which is where I recommend starting if you have a basic query. The search bar makes finding relevant information intuitive, and there is enough content to deal with standard account and product conditions. Importantly, we find it easy to access all of these tools quickly through our client dashboard and trading platform. This variety of market research also compares well to competitors and puts Vantage on a level with rivals like Plus500. Traders should note that a minimum of $1000 is required to access this feature, which again may be high for traders on a lower budget but provides yet more value to those able to deposit this amount.
Vantage Account Opening
Servers are located worldwide in major financial hubs including New York and London, giving ECN market liquidity direct to your platforms for fast execution speeds. Vantage is trustworthy based on my thorough background checking and research. The broker’s global user base, strong regulatory oversight and collection of industry awards are reassuring. The firm also uses important safety measures including segregated client accounts. Yes, Vantage is a legitimate broker that is authorized by multiple regulators, including the ASIC and FCA.
Information on this website might not be in real-time or entirely accurate, with prices potentially sourced from market participants rather than exchanges. Any financial decisions you make are your sole responsibility, and reliance on any site information is at your own risk. PipPenguin makes no guarantees regarding the website’s information accuracy and will not be liable for any trading losses or other losses incurred from using this site. The site may contain ads and promotional content, for which PipPenguin could receive third-party compensation. However, this does not imply endorsement or recommendation of any third party’s services, and we are not responsible for your use of any external site or service.
Additionally, Vantage has no non-trading fees, apart from a $20 withdrawal fee for international bank transfers. Besides, traders are free to use 30 built-in technical indicators and access 2000+ free custom indicators for the purpose of market analysis. The platform also enables traders to create their own Expert Advisor (EA) with MQL4 language, excellent for developing, testing, and customizing algorithmic trading programs.
