Beginners Guide to Vantage FX Review 2023 Is it Safe? Pros & Cons
A comparison between the spread is mentioned below for major currency pairs. Besides regulation, Vantage is transparent by showing its regulation information publicly on its website. Furthermore, trading conditions and trading costs are also publicly mentioned on the website in the trading conditions section. Vantage is a multi-assets trading platform headquartered in Sydney, Australia. TradingCenter provides essential information and tools for learning and trading the Global Financial Markets.
How legit is Vantage FX?
Is Vantage safe? Vantage is considered trusted, with an overall Trust Score of 89 out of 99. Vantage is not publicly traded and does not operate a bank. Vantage is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and two tier-3 regulators (low trust).
Vantage FX provides an extensive selection of educational tools to help forex traders of all skill levels. There is a step-by-step guide for Learn to Trade Forex, including a market overview, market analysis, and trading psychology. Vantage FX now offers a unique feature that helps active forex traders, an 8.88 percent cash bonus on the account balance. Those who move their account to Vantage FX or sign up for an account will earn an extra 8.88 percent cash bonus in their available balance.
Raw ECN
For this, Vantage International Group Limited allows both hedging and scalping on its platform, which are great add-ons to the credibility of the platform. Depending on which location your share CFDs come from will determine how low your commission costs will be. In general, trading with UK share CFDs can have commissions as low as £10 and even lower with US shares. Vantage FX keeps these costs to a minimum so you can maximise your profits.
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Should you need any further assistance in the meantime, do feel free to reach out to us at any point via phone, live chat or email at Most trading is carried out on the MetaTrader 4 platform, a popular choice with many brokers and is available in the web-based WebTrader as
well as an app in both iOS and Android. There are many free tools and education
including Expert advisors, News Terminals and other trader tools to assist you.
Vantage
Vantage is the right broker for those who seek a platform that can provide a hassle-free transparent trading experience. During our review, we have tested the pricing and MT4 data and found it transparent. As a Raw ECN broker, there are only a few brokers that can provide services like Vantage.
- Roboforex is registered in Belize, regulated by the CySEC, FCA, ASIC, and FSA.
- It is always possible that you could sustain a loss of some or all of your initial investment.
- Just keep in mind that you can start and maintain a live trading account having a $0 balance and that there are no account holding or maintenance fees.
- The company was founded in 2009 and is headquartered in Australia, with additional offices in the United Kingdom, Cayman Islands, and China.
- It’s similar to asking, is Robinhood good because of their payment options and minimum deposit amounts.
Vantage FX provides an excellent level of customer service to traders around the world. Support is available firstly through a range of helpful vantage fx reviews FAQs that can provide the answer to many of your questions. Beyond that, you have a support team available in 5 different languages.
Both iOS and Android device users can tap into their Vantage
FX account with ease and benefit from a simple to use and customise trading space. The Vantage FX platform uses the popular MetaTrader 4 platform and Web Trader with MT4 Desktop Client being available to both Mac and
Windows users. When choosing a broker, it is essential to consider what you want from your experience and how they stack up against these requirements. Vantage would be the right broker for those who want a transparent and hassle-free trading environment with an opportunity for portfolio diversification. In addition, its ECN platform has a super-fast execution with a minimum trading cost that might keep this platform as an industry leader.
Trading Costs – No unexpected costs
The ways to deposit funds include instant methods like Skrill, Neteller, credit or debit cards, and AstroPay. Other methods that take a bit longer include fast domestic transfers (UK only), domestic EFT, broker-to-broker transfer and international EFT. It’s an excellent option for new customers who may not know how to trade online and want to practice before putting down real funds. It allows you to understand the platform in more detail and test any strategies to see how it would be when you eventually use your own money. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. Vantage Markets is legitimate because of its multi-award-winning customer service, which you may contact by phone, email, or live chat.
Additionally, those in Sydney can visit the Vantage FX head office. There is an additional office in Melbourne and both offices have their addresses and phone numbers clearly displayed on the Contact Us page of the Vantage FX website and within your client area. Over the years, Vantage FX has earned honors around the world from respected publications and organizations for premium level service and vast offerings. The main points of the fiber optic server network are in New York and London, which account for live servers 1 and 2. There are data centers in Sydney, Guangzhou, Kuching, and Tianjin. Yes, Vantage FX is regulated, and the broker holds a license from both the Australian Securities and Investments Commission ASIC and AFSL (Australian Financial Services License).
The broker will automatically stop you if the margin is over-stimulated. With careful money management, a responsibility to make further payments can hardly happen. The not available negative balance protection only shows that Vantage Markets is a real ECN broker. The account opening process is straightforward with Vantage Markets. In the following section, we will guide you through the depot opening.
The trader can then deposit the funds through any of the available deposit options (credit cards, debit cards, crypto wallet, bank wires, etc) and start trading in the global market. The platform does not charge any deposit fees even if the deposit is made by credit/debit card. Vantage FX is equipped with an experienced team with skills and background of finance, forex, and technology. According to Vantage FX review, Vantage FX was founded to help users/investors/traders/customers in reaching their investment objectives and related financial goals through robust trading platforms. Social traders can connect their Vantage MT4/MT5 trading account to services provided by ZuluTrade, Myfxbook Autotrade, and DupliTrade. Forex sentiment indicators and calculators are also available but not within the MT4/MT5 trading platforms.
Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Lastly, we must remember XTB as another alternative, best if you are looking for a broker which has been on the market for close to twenty years now.
Vantage FX’s Raw ECN and Professional ECN Accounts offer raw spread pricing and low commissions, but this is in exchange for a minimum deposit of 500 GBP. With the Vantage app, a proprietary app, traders can enjoy easy yet powerful mobile access to FX Pairs, Commodities, shares and more. Available for both iOS devices as well Android-powered gadgets; this trading platform comes equipped with an impressive suite of tools so you are able trade global markets anytime anywhere. The simple account type (Standard Account) offers STP execution and not very tight spreads. There is a rebate plan which is applied on Standard Accounts and provides $2 AUD cash rebates (up to 10% of the initial deposit). The standard account offers also a free VPS under a certain policy.
Vantage FX provides a good selection of market analysis materials, but these are all curated by third-party providers. Vantage FX also offers regular webinars – run thrice weekly – a real advantage for beginners trying to find their footing in the Forex trading space. Vantage Fx’s sentiment page displays the overall long and short positions of the Vantage FX book. The sentiment ratio of long to short positions is represented as a percentage and displayed as a sliding scale where red represents clients’ shorts and blue represents their longs. Sentiment indicators are available for Forex, commodities, and indices. Vantage Fx’s trading tools are excellent compared to other brokers.
- If the order to your account is fulfilled, modified or even cancelled, you may be charged a fee.
- Vantage FX Swap-Free Accounts incur no swaps or interest charges on overnight positions.
- We would be happy to investigate this matter further for you, however we were not able to locate your specific case based off of this information.
- They understand that customers want to maximise their profits as much as possible in this highly liquid forex market.
- Please note that these details will be supplied to you by Vantage once your account is activated.
- The facility that enables a trader to get a much larger exposure to the market than the amount he or she deposited to open a trade, is called leverage.
You can carry out all the same actions
as you’d expect on your desktop and benefit from customisable features, so your trading screen is set up exactly as you’d like. Trading on the move is an expectation we all have these days, and Vantage FX do not disappoint. You can trade both on your desktop and
mobile devices using the same seamless account connected via the right apps.
Content ranges from short introductory clips for beginners to longer advanced concepts across forex and CFD trading across various markets. Again, one has to make an initial deposit of 1,000 USD to gain access to this material. Vantage FX’s MT4 app allows traders to work from anywhere, with nine timeframes and 30 indicators.
Our Vantage FX review UK looks at what this site offers to traders of all skill levels and what advanced features are included when you sign-up with them. Check out our website for more information on what you can trade on Vantage FX. https://traderoom.info/ Vantage FX keeps the trading costs low by offering tight spreads from 0.0 pips if you use the raw ECN account. They understand that customers want to maximise their profits as much as possible in this highly liquid forex market.
Vantage FX ranks among the Best MetaTrader Brokers, and Best Copy Trading brokers. Vantage FX distinguishes itself from other MetaTrader-only brokers by offering a diverse range of additional add-ons and compatible 3rd party platforms and tools. Overall, in this Vantage FX review UK, we think trading share CFDs is an excellent idea for new and skilled traders.
Where is Vantage FX based?
Vantage FX head office is located in Sydney Australia at Suite 405, 68 York St, Sydney NSW 2000.