Vantage Review: Forex Broker & Trading Markets Legit or a Scam

Copy trading is one of the most appealing features on Vantage FX, especially if you’re a beginner. The broker incorporates multiple tools and several platforms, including MetaTrader 4&5 and ProTrader, and has a wide collection of educational materials. ECN brokers utilize electronic execution of client orders since they operate as Over-the-Counter (OTC) derivatives brokers. The advantage of OTC trading over trading on an Exchange is that there is no need for a dealing desk, and client orders are filled much faster. MT5 excels in simplified order execution, but its dated and rugged design falls short compared to newer, sleeker platforms.

• Currently, Vantage FX offers 50 share CFDs from the US stock exchanges, over 70 share CFDs from the UK and European markets, and 50 share CFDs from the Australian market.
• Additionally, I didn’t find a history of scams or malpractice at Vantage during my research.
• Social trading with Vantage provides a unique opportunity for traders of all experience levels to benefit from the knowledge and experience of professionals.
• Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery.
• Overall, Vantage Markets combines affordability, security, and flexibility, making it a strong contender for traders looking to diversify and succeed in global financial markets.

As part of this regulation, the broker stores client funds in segregated accounts and prides itself on offering a high level of transparency. As part of our Vantage FX review, we tested all customer support contact methods. We found that the multiple channels give comprehensive and convenient coverage so that you’re never stuck without help. You can contact support via live chat, phone, or email, and the broker does its best to get back to you within 24 hours.

Security and Money Guarantees

WebTrader gives you access to 30 indicators, nine timeframes, and 24 technical analysis tools. It is compatible with more than five browsers, including Opera, Safari, Edge, Firefox, and Chrome. The Vantage FX application is a proprietary trading platform that lets you trade on the go, accessing share CFDs, indices, commodities, and forex pairs.

What platforms does Vantage offer?

It is a well-regulated online trading platform that provides a secure trading atmosphere. The platform offers advanced tools like Economic Calendar, Market Analysis, Forex VPS, and Trading Signals. There are multiple account types available at Vantage FX, each of which is designed to appeal to a slightly different client category. Beginners will enjoy Standard STP accounts (Vantage Prima accounts in the UK), which do not charge commissions. RAW ECN and Vantage Prime Pro accounts may be the perfect choice if you’re willing to pay a little extra for tighter spreads. Pro ECN accounts (international clients only) are also ideal if you are a professional trader with high trading volumes.

Vantage FX review

Many Forex traders use VPS technology to ensure that their Expert Advisors (Forex trading robots) can run non-stop. If you maintain a minimum account balance of $1,000, you can apply for a free forex VPS. The platform becomes even more powerful once it is connected to the brokers deep FX liquidity pools via the custom made oneZero™ MT4 Bridge.

• I have no complaints about the wide range of funding methods at Vantage, with plenty of accessible options for global clients.
• For example, if you’re bullish on agricultural stocks, you may choose to purchase an agricultural ETF.
• Vantage is trustworthy based on my thorough background checking and research.
• Similarly, ProTrader users can also access a range of tools for just a $200 minimum deposit, making this a more accessible option for newer traders looking to upgrade their package.
• Vantage clients can start to diversify their portfolio by duplicating the trades of proprietary traders, trading their own accounts with real money!

Commissions and fees

ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. Based on our assessment – the ECN account is the best option if you are an active forex trader looking for the lowest fees. On the negative side, the lack of crypto trading for global clients means it isn’t the best choice for dedicated crypto investors. We also don’t recommend Vantage if you want to deposit and withdraw using PayPal. We are also pleased to find that the $1000 minimum deposit is considerably less than the amounts required to access free VPS services from some rivals. This is a particularly useful tool for experienced forex day traders who automate strategies, as it allows them to set their algorithms to work 24 hours a day with the fastest connectivity available.

Vantage Review Summary

This is because an equivalent trade on a zero spread account with Fusion Markets will incur a $4.50 commission per round turn, which is, at present, among the most competitive offers within the industry. It only took a few minutes to download and sign in and then you can chat with other traders and mirror strategies in a few clicks. No, Vantage is an ECN/STP broker, which means it sources quotes from several external liquidity providers with no dealing desk intervention. Experienced traders will also appreciate the free forex VPS, as well as various advanced plugins for the MetaTrader and ProTrader platforms.

Our experts have created these tables based on the fees applied to a standard account. We consider a standard account to be the one that will appeal to most traders, often limefx scammers not the cheapest option but not a premium option either. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers. Before making any trading related decision, contact a local professional financial advisor. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process.

Yes, the platform incurs commissions for different types of trading accounts. Vantage operates limefx official site on spread-based and commission-based pricing models, depending on the account type. Some accounts offer commission-free trading with tight spreads starting form starting from 1.0 pip.