You can get daily market updates from the brokers website with charts and technical/fundamental analysis to help inspire trade ideas. The broker hosts weekly live sessions where you can learn more about the forex market and trading online. Learn to trade forex with tutorials and courses in the Vantage trading academy which is free to access from the brokers website. Becoming a CPA Affiliate is another method of increasing revenue with Vantage FX. Affiliate partners earn commissions on referrals and also receive exclusive access for highly personalized and targeted marketing products. Vantage FX has several partners that it maintains and develops relationships with to enhance the offerings and services available to clients.
MetaTrader 4 Platform
The broker provides traders with institutional-level trading through its deep FX liquidity pools with inter-bank market access. Vantage have developed and maintained partnerships with some leading financial companies in order to provide you with a comprehensive brokerage service. Based on the Vantage FX Review, it appears to be a reliable and competitive broker for forex and CFD trader. Its range of account types, competitive pricing, and extensive trading platform options provide traders with a range of choices to suit their needs. VantageFX offers a mobile trading app that is available for both iOS and Android devices. The app allows traders to manage their accounts, monitor their positions, and place trades on the go.
Should You Trade With Vantage?
What we did appreciate was how transparent and open Vantage is about the fee structure, with this information being very easy to find through the website. Vantage advertises free VPS hosting, but it requires a minimum deposit of $1,000. The same applies to the Smart Trader Tools upgrade for MT4/MT5 and the ProTrader Tools. Vantage FX allows traders to trade the world’s most liquid Stock Exchange indices — S&P 500, DAX, FTSE, DJ30, and more — through the MT4 and MT5 trading platforms. Thanks to the broker’s oneZero™ MT4 Bridge, traders can enjoy the fastest execution speed.
Vantage App
The platform becomes more useful when connected to the broker’s deep FX liquidity pools via the custom-made oneZero™ MT4 Bridge. MT4 is available as a desktop application for Windows and Mac computers, WebTrader, and a mobile app for Android and iOS devices. The WebTrader can be accessed through all popular web browsers, such as Chrome, Safari, Firefox, and Edge.
Before you trade, AskTraders.
However, if you are looking to trade forex, cryptos and major stocks, then they should have plenty of choice. If you sign up to one of their preferred VPS partners and trade a minimum of 10 standard lots per round turn per month then you are eligible for the free VPS service. It is an invaluable tool that lets me run automated systems on multiple instances of the MT4 platform 24/7.
- The account type that you go for will probably depend on your investment size and if you want low spreads with a commission fee, or if you prefer to trade with zero commission and a spread mark-up instead.
- Such a bonus is but a way to compensate traders for choosing a certain broker, since once the account is opened, the trader will have the same expenses as any other.
- Additionally, Vantage also supports a number of electronic transfer methods, including Neteller, Skrill and FasaPay.
Deposit and Withdrawals
The biggest difference is that the account isn’t offered to Australian traders, and comes with a $10,000 USD minimum account opening amount. The advantage of this account is the higher leverage you can trade with but you will need to prove you meet the eligibility requirements set by the FCA. Spreads start from 0.0 pips with the commissions-based accounts and 1 pip with the Standard account and we can say that overall the spreads with the RAW and Pro accounts are quite decent. To this, we will also say that if you are in Australia or the UK, VantageFX is a broker of worthy consideration because in addition to good spreads, the commissions are some of the best we have seen.
This is unique as Vantage FX is the only forex broker that is officially Sharia compliant. It offers the same eight base currencies and does not offer $2.00 AUD per lot rebates. Furthermore, Vantage FX segregates all client funds in a trust account that the National Australia Bank holds. This allows for further protection for the funds as the National Australia Bank is AA rated and among the four largest financial institutions in the country.
Vantage FX is regulated by ASIC (Australian Securities and Investment Commission) as a leading forex broker based out of Australia. As such, the company upholds the highest standards for compliance and regulation from ASIC. Although the image above may look complex to new or inexperienced traders, rest assured that the interface is actually very straightforward scammed by limefx and you will soon be able to place trades effortlessly. I like the choice of commodities and indices at Vantage, but the Forex selection is below average. It suits traders with a focused trading strategy, who require fewer but highly liquid assets. One of the most ignored trading costs is swap rates on leveraged overnight positions.
This can come into use if you do not have your computer available and need to check your account. One of the things I like about the web platform is that it is always up to date so I know I am using the latest version at all times. The Vantage Group consists of a number of companies who are authorised and regulated in various jurisdictions.
Unfortunately, Vantage do not currently provide cTrader but you can get it from Purple Trading if it is a platform that you are familiar with and would like to use. This may not make a great difference if you are holding positions for days, weeks or months. However, it can have https://limefx.biz/ a big impact on scalpers who hold trades for a few seconds or minutes. In this instance, even the smallest differences in price can have a significant impact on results. By the Financial Conduct Authority (FCA) under Vantage Global Prime LLP, for institutional clients.
With 21 timeframes and one-minute history of quotes available on MT4, moving to MT5 is the smart choice for flexibility. CPA Affiliates get complimentary access to CellXpert, via the Vantage FX partnership with that state-of-the-art marketing platform. The partnership is available for both corporate clients and individuals worldwide. The Vantage FX IB Program stands for Introducing Broker and is designed to help corporate clients and individuals by providing a method of earning revenue of an ongoing nature via client trading activity. One of the partners is the previously mentioned oneZero, a partnership that provides Vantage FX with crucial trading technology, including the oneZero MT4 Bridge platform.
Currently, the National Australia Bank acts as its custodian bank and it is regulated by the Cayman Island Monetary Authority (CIMA). Additionally, it also has indemnity insurance, meaning that user accounts and deposits are afforded a very high level of protection. Vantage FX deploys the oneZero MT4 bridge price aggregator, connecting the broker’s dark pool to the clients’ MT4 platform.
