I can also have multiple charts open simultaneously, which is ideal for active traders. The Raw account and Pro ECN offer attractive pricing, especially for experienced investors looking for ultra-tight spreads with low commissions from $3 per side. I have no complaints about the wide range of funding methods at Vantage, with plenty of accessible options for global clients. I can deposit using bank wire transfers, credit/debit cards and e-wallets such as Skrill, Neteller and AstroPay. As you can see from my comparison table below, Vantage stands up well against top competitors when it comes to available payment methods. As you can see from my comparison table below, Vantage stands up well against two of the most tightly regulated brokers in the industry, Pepperstone and AvaTrade.
Vantage FX Trading Platforms: Features and Specifications
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. I like the trading environment at Vantage for its low trading costs, high leverage, fast order execution, and upgraded MT4/MT5 trading platforms. Traders must deposit a minimum of $1,000 to unlock all features available at Vantage. Social traders have access to three third-party providers plus the embedded MT4/MT5 solution, ranking Vantage among the most competitive MT4/MT5 brokers.
Trade Share CFDs
Additionally, those who already hold a live account with Vantage FX can take advantage of an Unlimited MT4 and MT5 demo account. The spreads are from 0.0 pips and the commission is $3.00 per lot per side. These include KCG Hotspot, J.P. Morgan, NAB, CitiBank, Westpac, Nomura, BNP Paribas, HSBC, RBS, Credit Suisse, Goldman Sachs, Bank of America, Societe Generale, and UBS. KPMG annually audits the Vantage FX financial reports and Australian Financial Services License. Additionally, KPMG conducts quarterly reviews of controls over the client money, with all reviews and audits following the auditing and assurance standards of Australia.
Commissions and Fees
- If regulation is important to you, Forex.com are also very well regulated.
- The calendar displays the dates and times of releases, the impact level expected, the country affected and the forecasted/previous/actual results of the release.
- This can come into use if you do not have your computer available and need to check your account.
- The AutoTrade service is an online FX trade copying platform with thousands of traders all over the world.
- The broker also has a stringent privacy policy in place, ensuring that clients’ data is not shared without their explicit consent.
As with currency exchange markets, commodity markets offer different investment opportunities for traders. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of inflation or economic uncertainty. Vantage FX offers three bonus programmes for traders to consider, but a minimum deposit is required to be eligible.
Trading fees and other costs
In other words, if you purchase a share CFD, you do not own the share but rather have exposure to the price action of that share. Therefore, if you are seeking a platform to buy and hold shares over a long time horizon, a CFD product is not ideal for you. The trading costs at Vantage depend on the type of account that you open with them. For the purposes of this Vantage review, we will focus on the standard account as this is likely to be the account that many of you will sign up with when creating a Vantage account.
This account was specifically designed for those forex traders who cannot pay or receive swaps due to religious beliefs. Vantage FX also places a focus on maintaining its reputation of delivering integrity. To do so, the company matches its interests with those of clients, so everyone works toward the same goal. At the same time, the company also holds itself fully accountable for its offerings, which allows Vantage FX to ensure that it never compromises its exacting standards. The company has received consistent recognition as a secure, safe forex broker that provides highly transparent access to the markets. Vantage FX is a leader among Australian Forex brokers and gives traders the ability to access the Forex markets, Cryptocurrencies, Indices, Commodities and Shares CFDs.
As for licensing, I’m glad to see that many clients will be registered under tier-one-regulated entities. Thankfully, Vantage gets an easy seal of approval and a very high trust score from me. There are sections of the website dedicated to tutorial guides and videos for using https://limefx.biz/ the MetaTrader platforms. These guides cover the very basics such as how to install MetaTrader to the more advanced custom indicators. In my opinion, it is better to learn how to trade yourself but if you do not have the time to do so, then this could be a possible solution.
I strongly recommend employing risk management tools such as stop-loss orders. Traders can access a free demo account at Vantage which gives you $100,000 in virtual funds to practice with. Again, Vantage doesn’t charge any internal fees for withdrawals, which is a positive if you make regular withdrawals. Choosing a broker that is licensed by a trustworthy regulator should be a top priority. Strong regulatory oversight helps protect you from scams and gives you access to robust safeguards like negative balance protection and jurisdictional restrictions on leverage.
A Forex Economic Calendar is a useful tool for Forex traders to track important, potentially market-moving events. Many Forex traders use the economic calendar as a release schedule to assist them in anticipating when major movements will happen in the market. Vantage prides itself on execution speed and fully transparent STP/ECN trading model and with the SmartTrader Tools Package they have now taken the MT4 and MT5 Platforms to the next level. 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. The forex market sentiment page displays the overall long and short positions of the Vantage book. The sentiment ratio of long to short positions are represented as a percentage and displayed as a sliding scale where orange represents clients’ shorts and teal represents their longs.
I personally like the ECN account as it has the lowest spreads and commissions combined. Gain instant access to the world’s most liquid Stock Exchange Indices through your MT4 and MT5 trading platforms. Linked to the Vantage oneZero™ MT4 Bridge, the broker provides the fastest execution speed due to unparalleled access to the deepest liquidity available at any time. This helps to make sure that they can offer limefx review traders truly transparent pricing, the prices of all Vantage Indices are based on the underlying price of the index’s corresponding stock market. Leverage the volatility of the largest stock market indexes in the world such as the SP500, DAX, FTSE and DJ30. Vantage FX was founded back in 2009 with the founders consisting of a highly specialized team with experience in technology, forex, and finance.
As one of the leading CFD forex brokers, Vantage FX’s remit is to offer low-cost forex trading, with 24-hour access to the currency markets. Also available is the Vantage FX Pro ECN account though this is very much suited to more experienced traders with a minimum deposit of $20,000 and lower trading costs to match. As an Islamic trader, you can also take advantage of the Vantage FX Islamic account which is fully Shariah Law compliant.
