vantage forex broker review

CFDs can also be traded with leverage which increases trading power but also risk. 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. An experienced media professional, John has 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. Vantage is a well-balanced Australian broker that offers limefx courses scam retail and professional traders access to nearly 1000 instruments at competitive prices.

vantage forex broker review

Trade Share CFDs

Vantage is a no-dealing-desk broker that offers varying execution models depending on the account you choose. The only other important fees to be aware of are the industry-standard overnight swap charges (except for Islamic accounts). Those with Islamic accounts should note that an administration fee is charged in place of a swap fee. The featured ideas and technical insights break down various trading opportunities. You can read about a currently developing price pattern (channel, wedge, correction, etc), the most important pivot points, support and resistance levels, viable entry and exit levels, and more. Then, I typed the phrase ‘average execution speed’ and was immediately provided with a satisfactory answer.

  1. This makes Vantage a good option for global traders and those with less starting capital.
  2. I appreciate that there is no minimum transaction on credit card and international bank transfer withdrawals but there are minimums on most other methods starting from $0.01 for Perfect Money.
  3. Please note that ‘round-turn’ means that half of the fixed rate is paid whenever an order is opened, and the other half is paid when the position is closed.
  4. The Standard STP account is my pick for beginners – commission-free trading is available with floating spreads from 1.0 pip.
  5. Funds deposited via bank cards and most e-wallets are processed instantly.

MetaTrader affords easy order execution, though its rugged design makes it somewhat difficult to execute probing technical analysis. In comparison, ProTrader features advanced charting capabilities and various tools for market analysis. Designed for institutional traders, Vantage index CFDs can be enjoyed by all clients with no commissions, transparent prices, and ultra-sharp spreads. Vantage allows you to trade stock market Indices on both MT4 and MT5, the world’s most popular FX trading platforms.

Market News

Each year, we collect thousands of data points and publish tens of thousands of words of research. With its affordable prices and a selection of over 50 lower-risk securities, I assess limefx official site Vantage to be a great choice for day traders and position traders. The broker incorporates multiple tools and several platforms, including MetaTrader 4&5 and ProTrader, and has a wide collection of educational materials. Vantage offers financial news in video format on its YouTube channel, providing an easily digestible and time-efficient way to stay informed.

Precious Metals Trading

This broker is amazing everything is perfect and secure also take money out for withdrawal or disposit money verry fast system i give this amazing company 5 stars. Hiting SLs and TPs even 10 pips earlier so your benefit is minimum and your disadvantage is at maximum. Charts run diffrently when you have opend positions but when you close them they take the market’s shape. There are many more problems but I don’t have time and energi to go through. Given its large user base, reputation and regulatory oversight – we consider this a trustworthy forex broker.

I want to stress that while high leverage can boost potential profits, it can also cause significant losses. I strongly recommend employing risk management tools such as stop-loss orders. As you can see from my comparison of suitable alternatives below, Vantage rivals popular brokers when it comes to the breadth of markets. Traders can access a free demo account at Vantage which gives you $100,000 in virtual funds to practice with.

Trading Fees

When you connect your Vantage account to DupliTrade, you gain access to a folio of hand-picked prop traders. Then, you simply choose the traders you want to copy based on their performance, strategy and trading style, and their trades will be duplicated on your Vantage MT4 or MT5 account. Vantage provides their clients with several top trading platforms including the famous MetaTrader5 (MT5) and MetaTrader4 (MT4) trading platforms. 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.

My favorites are the Market Buzz AI news tool and the Analyst Views feed with live trade set-ups. I’ve been particularly impressed with the wide range of up to 10 base currencies in the Standard and RAW accounts and the accessible $50 minimum deposit. This makes Vantage a good option for global traders and those with less starting capital. Considering the negatives, though, it is a shame that the broker’s global entity, Vantage Global Limited, is regulated offshore by the Vanuatu Financial Services Commission (VFSC).