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Forex Trading

Vantage Review Pros, Cons and Ratings

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To open a live or demo account, users simply need to go to the Vantage homepage and select “Live Account” or “Demo Account” located in the upper right corner. Vantage offers traders several ways to fund their trading accounts, such as bank transfer, credit card, Paypal, Neteller, Skrill, China Union Pay and others. Whichever base currency you choose, a wide range of payment options are available, including bank transfer, credit/debit cards, and e-payment service providers.

Forex Risk Disclaimer

The broker charges a commission of $3.0 per lot per side ($6 round trip) on the Raw ECN account and $2.0 per lot side ($4 round trip) on the Pro ECN account. Vantage FX does not charge any commissions on the Standard STP account. Note that Vantage FX does not offer its services to residents of specific areas such as North Korea, Japan, the United States, and other regions. Although deposits at Vantage Markets can be made for free with no fees incurred, some withdrawal processes have a cost. If you are an existing client of Vantage, please share your experience with other readers in the comment section below. Trading with a broker that is licensed by ASIC is always going to be a wise choice.

Next Generation Forex Broker

The MetaTrader platforms are available on the web, desktop (MAC and Windows) and mobile devices (Android, iPad, iPhone, and Tablets). With their user-friendly interfaces and many advanced features, the MT5 and MT4 are one of the most utilized trading platforms across the globe. Vantage have partnered with Trading Central to provide you with award winning technical analysis and daily market commentary from expert market analysis teams, covering 70 tradeable markets.

Vantage Fees

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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. The MetaQuotes WebTrader platform for MT4 and MT5 offers clients a robust method to trade directly from their browser, and it’s compatible across Windows, MacOS, and Linux operating systems. Not to mention MT5’s inbuilt system of alert, designed to help traders keep track of important market events without having to consult an external economic calendar. Accounts can be opened in a great range of currencies including AUD, USD, EUR, GBP, SGD, JPY, NZD, CAD.

Vantage Markets Review

  • The website has been translated into German, Chinese, Indonesian, and more.
  • In addition to its Windows version, which can be downloaded freely from the official Vantage website, the platform is also available in a Mac version.
  • It can show me areas for improvement and allow me to optimise settings to find those that work best.
  • 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.
  • Lightning fast execution speeds, the tightest of spreads and even more powerful charting capabilities than MT4 are just some more of the features that make MT5 so powerful.

Telephone customer support is available 24 hours a day, seven days a week. We found the staff taking our calls to be informed and professional and able to resolve our queries quickly. Our request to talk with a human agent worked well, and on entering an account number, the chat was transferred directly to the broker’s customer support team. Another neat feature of the site is that accounts are, by default, set up so that copies of all Live Chat conversations are emailed to you after chats are closed. Ongoing management of accounts and cash transfers is performed by visiting the home page of the trading platform.

Inactivity Fees

Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. The all-in-one trading app also features fast account opening and in-built funds management for easy deposits and withdrawals. The MetaTrader 5 platform (MT5 platform), is the next generation of Forex trading platform to roll off the production line at MetaQuotes. MT5 is the direct successor the most well known and most popular Forex trading platform, MetaTrader 4 (MT4) and to take your Forex trading to the next level, you need to make the upgrade too.

You can load charts of all trading instruments in multiple windows and customise them to suit your preferences. I like that I can follow multiple instruments at the same time with different strategy templates. Vantage is an https://limefx.club/ online broking powerhouse – there is no doubt about that. Whatever some of its detractors may say, the broker is serious about what it does. It is regulated and it features superb account type- and platform selections.

With a Vantage FX MT4 or MT5 trading account, traders can seamlessly open short-term or long-term position trades in physical gold and silver. Also, they can trade in both long and short directions and can hedge their physical positions whenever they see the market turning. Traders who are looking to profit from some of the world’s most popular stocks can consider trading stock CFDs with Vantage FX.

This gives clients an insight into what is moving the markets each day. It contains trading setups which can be used to compliment your own trading strategy. This is fanastic if you are a scalper who needs the lowest possible spreads at all times. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.

I think it is worth gaining access to these tools as they can help to give your strategy that extra edge. However, I also feel like they should make them freely available to all account holders, regardless of your investment size. If trading tools are important to you, Markets.com have a great selection.

Together with 100s of other investors we lost millions through bad trades on a PAMM ACCOUNT. The agreed SL of 5% was not enforced and within several hours all the money was gone. Apparently since a few months things have not been going according to limefx forex brokers reviews plan. Where does Vantage take their responsibilty in vetting the Pamm Managers and checking on fraudulent activity? Vantage promises in Article 14 that they will inform all investors of fraudulent activity and also stop all transfers/stop trading.

With Vantage FX, you will enjoy the benefit of super-fast trade execution and interbank grade RAW ECN spreads with no dealing desk intervention. The broker offers institutional trading conditions to retail traders, operating a true ECN/STP model of execution that offers transparency and helps to build trust. As with other ECN brokers, Vantage FX uses top-tier liquidity providers (LPs) to ensure deep liquidity, fast trade execution speeds, and tight interbank RAW ECN spreads that start from just 0 pips.

Beyond the in-platform functionality and education, the broker also provides dispute resolution services to its clients. Users are allowed to submit trade inquiries via the website in case of any dispute. Once an inquiry has been submitted, Vantage conducts a thorough review before sending a detailed report to its users. Moreover, the platform is recommended for traders who are willing to invest large sums and are confident in their trading abilities.

Furthermore, the broker also offers free demo accounts if you wish to practice trading online with virtual funds before making an investment. Founded in 2009, Vantage is the brainchild of a highly specialised team with backgrounds in finance, forex trading and fintech. Delivered through powerful trading platforms, Vantage puts significant emphasis on user trust and transparency, which is backed up by an award-winning customer support team.

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