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The major difference is that you can https://traderoom.info/ alerts and notificationson the desktop trading platform, in the form of mobile push and email notifications. To set email or mobile notifications, you must enter your email address and mobile MetaQuotes ID . All our funding and withdrawal requests were completed without any issues.
Similar to other multi-national brokers, offerings differ significantly by the entity. For example, Cayman Island Vantage Markets brand offers about 50 trading instruments more than the Australian entity; social copy-trading is not available with Australian entity either. Traders are advised to check up-to date details before opening an account. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
The rebate program also applies to future deposits higher than $1,000. The unlimited demo account also includes on-demand access to price data from Vantage FX. Deposits start from just $100, and you can add funds to your account using credit or debit card, wire transfer or e-wallet. There are also many base currencies to choose from, so you may not have to pay a currency conversion. If you refer a friend, when they make their first deposit, you will be rewarded with $100 credit.
Is Vantage FX an ECN broker?
It provides theMetaTrader 4 and MetaTrader 5third-party trading platforms. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee. Theforex broker offers agood number of currency pairs, with forex spreads below the average industry benchmark.
Signals can be delivered directly into your email inbox twice per day. 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. This means you will have full access to two of the most highly acclaimed trading platforms in the industry. Although the standard account does not attract a commission, the spreads when using this account are significantly higher than in the other account options offered by Vantage.
- Vantage has average forex trading fees and low non-trading fees, and does not charge an inactivity fee.
- Thank you for leaving us a review and for recommending us, we truly appreciate it.
- VANTAGE FX warns all potential traders that Forex and CFDs trading always carries a high level of risk and may not be suitable for all investors.
- Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.
As with all accounts there is a choice of base currencies to trade in. There is a very high degree of risk involved in trading securities. 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. Forex broker services are also provided for institutional clients and large companies such as investment banks. VANTAGE FX is an Australian forex broker company that is based in Sydney.
Our take on Vantage
With an active Vantage account, your interface should look like the image above. You will be able to see all the menu options on the left-hand side of the screen and your MetaTrader5 details in the center of your screen. To access the MetaTrader5 interface, simply select the orange “launch” function at the end of your MetaTrader5 section.
Both vantage fx reviews platforms are available across all account types for you to select. The exact breakdown of the assets you will have available to trade will depend on your Vantage FX account type choice. You have several account types to choose from that will depend on your trading profile and needs. Most popular of these choices are the Standard STP Account that has a minimum deposit of $200, more than 150 assets available to trade, and spreads starting from a variable 1.4 pips. Another great choice is the Raw ECN Account that provides for a lower spread from 0 pips but adds a commission from $3 per side to your trade and requires a $500 minimum deposit. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
How we ranked fees
The technical analysis, located under Market Widgets, covers all asset types offered by Vantage. Vantage has a terrific, well-designed mobile trading platform that offers great functionalities and is visually appealing. However, it lacks face ID login, which could make it even more user-friendly. Opening a digital bank account only takes a few minutes on your phone. We also compared Vantage’s fees with those of two similar brokers we selected, Fusion Markets and IC Markets.
It’s also possible to open a swap-free trading account with Vantage FX, which is one of the only forex brokers to support traders that cannot receive or pay swaps because of their religious beliefs. If you value choice in the financial markets, Vantage FX is equally effective, with access to 1,000+ assets and instruments via desktop or mobile. The Vantage mobile app also provides all-in-one support for those who plan to trade underlying assets on the move 24/5. In addition to an unlimited demo account, Vantage offers webinars and great video tutorials on various assets and trading platforms. Vantage provides both its own mobile trading platform and the MetaTrader 4/5 third-party mobile trading platforms. Please note that MetaTrader iOS version is currently not available to download in the EU.
They have a range of trading platforms on both desktop and mobile, and offer over 300+ CFD’s to trade. Combine all this with their zero deposit and withdrawal fees, and low trading fee and they become a top choice for beginner and experienced traders alike. Vantage FX is a forex and CFD broker regulated by the Cayman Islands, Australian financial authorities and the Vanuatu Financial Services Commission. Vantage’s non-trading fees are very favorable (e.g. there is no inactivity fee).
This account was specifically designed for those forex traders who cannot pay or receive swaps due to religious beliefs. RAW ECN Accounts are ideal for more experienced traders who need deep liquidity and spreads that are razor sharp. Vantage FX is regulated by ASIC as a leading forex broker based out of Australia.
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. Vantage FX has been serving retail and professional traders in the CFD markets since 2009. This broker is now a global operation, with Vantage International Group licensed in multiple jurisdictions, including the UK’s Financial Conduct Authority . Within my Vantage review, I discovered whether it lives up to that statement. Thank you for taking the time to leave us a review and for recommending us, we truly appreciate it.
The minimum deposit required is $200 with variable spreads starting from 1.4 pips. Using ZuluTrade, you can access signals from other traders which you can then choose to follow and have these signals copied directly to your own trading account. I like that signals can be filtered according to important statistics such as duration, drawdown, profit (pips / %), amount of trades and more. ZuluTrade have a decent amount of traders to copy, but if you are looking for social trading then eToro would be my top pick. The Vantage App allows you to access the global markets and trade from anywhere at any time. It offers traders easy, yet powerful mobile access to hundreds of FX Pairs, Commodities, Indices, Share CFDs and more.
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It is a popular choice for many customers who like a lot of liquidity at an institutional grade from the world’s most prominent banks, and you’ll have access to highly sharp spreads. Raw ECN will give you a cost-effective forex trading environment, and you may only be charged a £3.00 commission. It is arguably one of the most stable accounts on the market and includes the fastest execution spreads similar to the standard STP account. The Vantage FX broker is one of the leading forex and CFD trading brokers for those who prioritise low trading fees, with zero commission charged for its Standard trading account services. For those ultra-serious about their trading, Vantage FX’s RAW ECN and PRO ECN trading account options charge £3 and £1.50 commission per lot, per side respectively. However, they offer market-leading zero-pip spreads with deep liquidity.
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We look forward to providing you with further positive experiences in the future. We are delighted to hear that you have had a positive experience with our service and platform. When you are looking to trade forex, these are the most respected trading platforms.
Credit card, debit card, bank wire transfer or bank transfer, BPAY, Moneybookers, FasaPay, Neteller, POLi payments, China Union Pay, Skrill, etc are some of the payment methods accepted. But be sure to take heed of every risk warning that the desktop platform prompts. If you are an experienced trader who is seeking more profit, then Vantage FX’s commission based RAW ECN accounts are apt for you. Once the documents are submitted, the verification process is initiated.
Hence, Vantage FX mobile trading app offers its users a huge knowledge base to educate on forex trade and improve trading skills. However, this review is for informational purposes only and should not be considered as financial advice or investment recommendation. The variety of stocks CFDs in Vantage FX is better than other forex brokers. The stock CFDs include prominent firms listed on the US, UK, Hong Kong, and Australian markets. Besides social trading, traders can also place stop loss and limit orders as per their preferences.