Additionally, social trading features are available through ZuluTrade and Myfxbook, which can be integrated with your Vantage account. The Vantage FX broker is one of the leading forex and CFD trading brokers for those who prioritise low trading fees, with zero commission charged for its Standard trading account services. For those ultra-serious about their trading, Vantage FX’s RAW ECN and PRO ECN trading account options charge £3 and £1.50 commission per lot, per side respectively.
- MT4 has a ton of features, including use of Expert Advisor tech for custom trading analysis.
- Vantagefx.com also has a proprietary mobile app, which provides access to 250+ tradable instruments.
- You can start trading with a RAW ECN client account at Vantage with just a £500 deposit.
- This includes a ‘refer a friend’ scheme, an active trade programme, a 50% deposit bonus, and a rebate scheme.
- To make your first trade, you first need to determine which asset you will trade.
Additionally, Vantage FX prides itself on using top-tier liquidity providers so clients have access to deep institutional liquidity pools. Overall, whether or not Vantage FX is the right broker for you depends on your individual needs and preferences as a trader. Meanwhile, it is important to note that Vantage falls short in offering free educational access and competitive fees, which are considered the primary elements for trading.
Troubleshooting Vantage FX Withdrawal Issues: Tips and Solutions
The broker also offers an economic calendar, forex education, trading tools, forex analysis, forex market news, forex trading strategies and client sentiment data. However, it may lack a variety of in-house content compared to some other forex brokers. Vantage FX provides social copy trading through ZuluTrade, MyFXBook Autotrade and DupliTrade. These platforms let your trading account mirror the performance of top forex traders. Online traders are ranked and users can analyse past performance before choosing a provider to copy. The broker’s selection of social and copy trading services is extensive vs other providers.
Vantage gives users instant access to deep liquidity on the live currency markets across over 40 currency pairs. While quite limited when it comes to the more exotic currency pairs, all of the major currency pairs that you could hope to trade are covered. Generally speaking, the spreads on offer are very competitive and trades are executed incredibly quickly. Vantage is a no-dealing desk trader and offers STP and ECN forex trading accounts.
Supported Countries
The following table summarizes the different investment products available to Vantage clients. Vantage FX have a leverage cap in place at $5000 which might put off larger investors but it does have a low deposit requirement of just $200 which is lower than other brokers of this type. Vantage FX also blocks clients from the USA so customers from there will need to find another broker to accommodate them. Its methodology is unique, and a team of trading experts and portfolio management experts manages it. Vantage FX has several partners that it maintains and develops relationships with to enhance the offerings and services available to clients.
Swap-Free Account
So, the Pro ECN Account is the cheapest of the three accounts, which is why it is offered to high-volume traders. Vantage, as well as many other broking firms, could improve in this regard, especially with providing education https://limefx.name/ and tools for the experienced trader. We looked through the company’s trade ideas articles which largely had generic market information with some basic technical analysis for certain CFDs and currency pairs.
VantageFX uses a no-dealing desk trading model meaning they connect you with liquidity providers such as investment banks rather than act as your counterparty (which occurs in a market maker model). This type of model means they are using straight-through order processing (STP) or possibly Electronic Communication Networks (ECN) since this is the name of some of their trading account. Despite what we have just said, their fine print does make it clear that their license allows them to offer a traditional dealing desk (aka market maker) when necessary. An experienced media professional, John has close to 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. This platform has reliable IT infrastructure, reliable technical support, proven liquidity, and a low-latency trading environment.
MetaTrader 5 (MT5) is the next-generation version of MetaQuotes’ MetaTrader functionality. 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. A $4.0 commission scammed by limefx for a 1 Lot trade on the Pro account is very competitive. 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.
The broker offers automated copy trading services and the industry-leading MT4 and MT5 platforms. Vantage Market offers a wide range of services and supports many trading platforms. However, it is most suited for large-volume traders due to its partnership with top-tier liquidity providers, competitive rates, and swift order execution.
Most negative reviews centered on the company’s slow response to customer support and withdrawal requests. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved.