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. 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 various locations, Vantage FX indicates that it offers more than 300 instruments for trading, including on the pages dedicated to specific platforms. However, this number may reduce depending on which entity of the broker you’re trading with, your account type, and your chosen trading platform. Although this is slightly disappointing, our review of Vantage FX forex broker appreciates the number and variety of stock CFDs available, including from multiple countries around the globe.
- To measure the quality and speed of customer service at Vantage, I tested the live chat feature by asking several trading-based questions at different times of the day.
- Again, Vantage doesn’t charge any internal fees for withdrawals, which is a positive if you make regular withdrawals.
- To maintain their current level, traders must close at least 10 trades during a 90-day maintenance period.
- The ADTV measures the total value of all Forex trades processed by the broker.
Trading Features
There are account types that will appeal to all types of traders, from beginners to experts, and the minimum deposit is highly accessible at just $200 (£2,000 for UK clients). Vantage offers a robust copy trading feature, allowing traders to replicate the trades of seasoned professionals directly within their accounts. This feature enables traders, particularly beginners, to follow and mimic the strategies of successful traders, making it easier to learn and profit from the expertise of others.
Vantage Account Types
In the UK, only Vantage Prime Pro account holders are charged commissions, and these start at £1.50 per 100k traded. With our review of Vantage FX forex broker in mind, you should be able to confidently open an account and start trading with the broker right away. Expert https://lunarcapital.vip/ analysis from Vantage FX is yet another important feature in the Pro Trader Tools suite. It provides you with technical analysis, based on expertise and quantitative technology. The clear key levels and trend lines also make it easy to act on the live trading advice.
- The forms are quick to complete and, if you submit the required documentation right away, you can be ready to trade within 24 hours.
- No, Vantage is an ECN/STP broker, which means it sources quotes from several external liquidity providers with no dealing desk intervention.
- The AutoTrade service is an online FX trade copying platform with over 90,000 FOREX traders.
Vantage Markets – How to open a trading account? Firsthand
ProTrader, in particular, deserves special mention for its unique analytical and trading capabilities. To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
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. Beyond the trading platform you can also brush up on, or get to know exactly how trading forex works, and all about the market through this detailed educational offering. Again, the Vantage mobile trading platforms come courtesy of MT4 and MT5 mobile.
Index CFDs
Vantage is a CFDs broker, every asset listed on the platform is offered in CFDs. Here is a full listing of the markets and assets you can expect to find through the broker. The overnight fee is a common fee among brokers which is charged at the closing time of the market for positions that you have kept open. Here then are some of the retail minimum spreads charged on commonly traded assets with the broker. The account also offers a great level of flexibility in terms of pricing and how your sub accounts are managed.
Submit Your Own Review of Vantage
Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. While its educational and research content have improved considerably year over year, Vantage still trails industry leaders in both of these categories. Lunar Capital offers various trading instruments and platforms, making it attractive for multiple traders.
As such, it is quite clear that Vantage takes its regulatory obligations seriously, making this broker one of the safest around. It upholds the highest standards of regulation and compliance as required by the terms of its licence, with client funds kept under tightly controlled accounts that are kept segregated and tightly audited. Currently, the https://lunarcapital.team/ National Australia Bank acts as its custodian bank and it is regulated by the Cayman Island Monetary Authority (CIMA). Additionally, it also has indemnity insurance, meaning that user accounts and deposits are afforded a very high level of protection.
This process places importance on the things we know matter most to traders. In conclusion, I rate Vantage as a great choice for traders of all types and with all kinds of background experience. Vantage impresses with the scope and variety of its educational content. It includes hundreds of written articles, comprehensive courses, frequent webinars, a detailed ebook, and more.
Vantage Markets provides a standard range of trading assets in line with the market average. You will have a wealth of choice when it comes to charting tools and indicators with more than 50 available, and the ability to engage robots and algo-trading through the EAs feature should you wish. These trading platforms will both run through Mac or Windows, and on almost any device. There are a total of more than 40 forex currency pairs available for trading with Vantage.
These reforms promote clear communication, proper suitability assessments, and enhanced disclosure requirements, ensuring that the products offered align with traders’ needs and risk profiles. The final step to verify the CIRO authorization of a forex broker is to match the dealer’s details with the information provided by the CIRO regulator. You can get daily market updates from the brokers website with charts and technical/fundamental analysis to help inspire trade ideas. Learn to trade forex with tutorials and courses in the Vantage trading academy which is free to access from the brokers website. Make smarter trading decisions and find key price levels by taking advantage of the Vantage Forex calculators. The MetaQuotes WebTrader platform for MT4 and MT5 offers clients a robust method to trade directly from their browser, and it’s compatible across Windows, MacOS, and Linux operating systems.
You can set up a demo account for yourself before or alongside your live CFD account. The broker offers commission-free trading and average swaps, making it an attractive choice for cost-conscious traders. Additionally, Vantage has no non-trading fees, apart from a $20 withdrawal fee for international bank transfers. That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services.
Explore our comparison tables to see how they differ in terms of spreads, quotes, and trading volume. Deposits are typically processed instantly, allowing you to access the markets without delay. This speed and convenience are ideal for those looking to act quickly on market opportunities.