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. Vantage FX WebTrader is a user-friendly platform that can be suitable for novice traders who are just starting out in the world of online trading.
Swap-Free Account
The group has an individual entity designed specifically for its UK services, with its clients protected by FCA’s regulatory framework through Vantage Global Prime LLP. Vantage FX’s financial institutional partners calculate the daily released rates using risk-management analysis. https://limefx.club/ As a result, each forex currency pair has its forex swap charge, and interest is paid on currency sold and received on currency bought. While the account creation is swift (can be completed within 5 minutes), it may take up to 24 hours to get your trading account verified.
Investment Products
These additional tools are a great way of adding some social and automated trading features to your trading account. The Myfxbook AutoTrade tool allows you to seamlessly integrate copy trading into your Vantage investment account by connecting you to a growing network of over 90,000 forex traders. Similarly, ZuluTrade integrates into your Vantage trading account and gives you instant access to a network of over 10,000 professional day traders.
Next Generation Forex Broker
- Although Vantage does not have the widest range of tradable assets, let’s take a few moments to look at what you can trade through the Vantage FX platform.
- Vantage have their MT5 Equinix server NY4 located in New York within close proximity to their primary liquidity providers to help improve execution speeds on your trades.
- Traders outside of the UK and Australia have more leverage, at the expense of their accounts being regulated by non-A-Grade regulators.
- While trading at Vantage FX you will benefit from negative balance protection as a retail trader, meaning you can never lose more than you deposit.
- There are regular educational webinars, which are run by a trading education firm called Trade With Precision which focus on topics such as specific technical indicators and trader psychology.
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. This may not make a great difference if you are holding positions for days, weeks or months. However, it can have 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.
Who Are Vantage Markets?
I have always received top class support but think it would be great if they could increase working hours to weekends as well. The RAW ECN account is for traders who need deep liquidity and tighter spreads. The minimum deposit required is $500 with variable spreads starting from 0 pips and commission from $3. Start trading your Vantage account from the world-famous TradingView style chart with the exclusive ProTrader platform.
Accounts and product range
Vantage FX’s Raw ECN and Pro ECN Accounts offer raw spread pricing and low commissions, but this is in exchange for minimum deposits of 500 USD and 20,000 USD respectively. An STP/ECN broker, Vantage FX offers three accounts with minimum deposits linked to tighter spreads and lower trading costs. The commission-free Standard Account requires a minimum deposit of 200 USD but spreads start at 1.0 pip on the EUR/USD. Trading conditions improve significantly on its Raw ECN and Pro Accounts, which have 0 pip spreads and reasonable commissions, but minimum deposits of 500 USD and 20,000 USD, respectively. This means you can have access to the webtrader, desktop, or mobile variations of these trading platforms through the broker. Both trading platforms are available across all account types for you to select.
About the Editorial Team
The following table summarizes the different investment products available to Vantage clients. Trading Central’s methodology is award-winning, supplying complex content and a format that clients find intuitive to understand and implement. Trading Central is also a world-renowned benchmark for Technical Analysis. Vantage FX always strives to offer low spreads that are industry leading. This is possible thanks to the number of liquidity providers that Vantage FX works with as well as the fact that feeds come from up to 70 institutions.
Swap free Islamic accounts that comply with Sharia law are available upon request. It is great that they cater to Muslim traders who cannot pay interest due to religious beliefs. I think it is a great addition that every broker should offer to clients.
This includes bank wire, credit card and online payment systems such as Neteller and Skrill. Please note that some methods may only be available to specific countries. Clients can use the tool to find out what drives the global markets with access to all the latest news coverage, media content, and price events across all markets. The AI buzz meter shows the volume of social media chatter and news about your favourite assets so you don’t miss a thing.
All of our personnel have strongbackgrounds in forex, finance, and technology enabling them to provide greateraccess to global FOREX markets to our clients. Furthermore, we are relentlesslyworking to evolve our offerings to ensure that our services are superior to ourcompetitors. Vantage is a multi-regulated ECN broker with powerful trading platforms and account types to suit different trader needs. Vantage gives you award-winning customer service, a range of trading products, tools, educational resources and convenient account funding methods.
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. In terms of trading fees, those with Standard STP accounts at Vantage FX will not pay a penny in commission. However, RAW ECN account and PRO ECN account holders will pay at least £1 per standard lot, per side. Even though RAW ECN and PRO ECN clients will pay some form of commission per trade, the bid-ask spread is as low as 0.0 pips, although this fluctuates depending on the volatility in the markets.
CellXpert lets affiliates of Vantage FX server their ads, manage their campaigns, track conversions, and optimize performance in a single, convenient package. This partnership helps ensure that CPA Partners have all the tools needed to enhance productivity and revenue. Thanks to this technology, Vantage FX can execute as many as 500,000 trades per millisecond and process as many as 150 unique price feeds at speed.
The minimum deposit rises considerably to £10,000 for PRO ECN account holders. To close your Vantage FX trading account, you must complete a closure request form. Clearly state your full name, and linked email address, limefx scammers as well as your MT4 or MT5 account number. You may also offer additional feedback regarding your Vantage FX trading experience. You can also find manuals on how to use the MT4 trading platform for the first time.
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. It’s easy to withdraw funds when logged in to the secure Vantage FX client portal. Vantage FX is now operational in 172 nations, with its global headquarters situated in Sydney, Australia. Nevertheless, it has a host of subsidiaries that are regulated and licensed in notable jurisdictions, including the UK, Australia, South Africa and the Cayman Islands. Forex Swap rates are affected by market conditions and the interest rate of the affiliated countries of the chosen Forex currency pair. From the above, we can see a mark-up spread of 0.8 pips to the average spread on Vantage FX’s Standard Account to cover the costs of trading the EUR/USD pair.
When compared to the industry averages, Vantage has a reasonably competitive system of fees and commissions in place. The fees you get charged on trades will vary depending on which of the three account types you have, with the Standard STP account offering zero-commission trades. The Raw ECN account and the Pro ECN account provide trades at $3 and $2 per trade (each way), respectively. While not the lowest commissions we have seen, these are nevertheless very competitive and are just below industry averages.
