On Cryptocurrencies, back in 2017, Vantage FX launched BTC that could be traded as a CFD. It had done this so as to answer the call for greater digital currencies in the market. Garnering a total trust score of 79 from Forexbrokers.com, Vantage FX’s legitimacy and legality is doubted by a number of its users. Traders need to submit a copy of their ID and proof of residency documents to satisfy AML/KYC conditions.
The broker incorporates the MetaTrader 4&5, and ProTrader platforms along with multiple trading tools and diverse research and education content. Foreign currency ,index , goods , future ,stock ,notes ,ETF, cryptal ,good over night rate . Amazing customer service provided by experienced and knowledgeable Mr John Carlo Loberiano.
They said that it would take them a considerable amount of time in a call as numerous processes would be asked of them. This is not to mention that the CSR, at times, would just cut someone off the line. The Vantage FX platform now allows clients to trade their own accounts with real money by copying trades made by proprietary traders. By connecting your Vantage FX account to DupliTrade, you gain access to a folio of hand-picked prop traders.
- Yes, Vantage is a legitimate broker with a strong reputation in the trading industry.
- Vantage stands out in terms of technology, reliability, customer service, and competitive pricing.
- Vantage Markets offers access to an impressive range of tradable assets, including CFD products, including forex, stocks, indices, commodities and bonds.
- If you are looking for a new prop firm, we recommend reading our prop firm reviews or our recent list of the best broker backed prop firms.
- Notably, there is no commission liable for trading US stocks, which is quite rare for an ECN account.
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers.
Trading Conditions: Promotions Platforms
The https://traderoom.info/an-overview-vantage-fx/ MetaTrader 4 desktop platform is the most popular in the forex trading industry. If you’re a respectable forex broker then you offer the MT4 platform and Vantage FX tick this box. Vantage has been in operation for over a decade, having been founded in 2009. This extensive experience in the financial industry has allowed the broker to develop a deep understanding of its client’s needs, which is reflected in its range of trading products, services, and promotions.
Its advanced charting capabilities add remarkable versatility, and I valued its convenience in consolidating all essential Vantage services into one accessible platform. Deposits and withdrawals are cost-free with Vantage, though third-party banking fees may apply depending on the chosen payment method. Brokers operate multiple entities because it allows them to serve clients worldwide.
Vantage incorporates the popular MetaTrader 4 and MetaTrader 5, along with the ProTrader platform. MetaTrader affords easy order execution, though its rugged design makes it somewhat difficult to execute probing technical analysis. In comparison, ProTrader features advanced charting capabilities and various tools for market analysis.
This account type features spreads starting from 0.0 pips, with a competitive commission per trade. The RAW ECN account is suitable for scalpers and high-frequency traders who need the best possible pricing. Vantage supports the same methods for withdrawals as for deposits, including bank transfers, credit/debit cards, e-wallets, and cryptocurrency. Withdrawal requests are typically processed within 1-2 business days, though the time for the funds to reach your account may vary depending on the method chosen.
However, before trading, the broker is very keen on verifying its clients’ identities, which can be done through the client portal itself. You will be asked to update your personal information, inform the broker about your trading experience and choose your preferred account specifications. You will also be asked to confirm your identity by uploading supporting documents, which the broker’s verification team will verify. The entire registration process should be complete within 5 minutes, but verification can take anywhere from 24 to 48 hours. You can deposit funds and start trading as soon as your identity has been confirmed. It provides a global platform for traders to invest in 8 different asset classes, including Forex, commodities and share CFDs.
- Vantage offers a Forex Virtual Private Server (VPS) service, allowing clients to run their automated trading strategies 24/7 without the need for a personal computer.
- We assess firms on factors such as profit payout, leverage options, audition processes, and customer support to ensure traders have all the information they need to make informed decisions.
- The Vantage MT4 offers 3 execution modes, 2 market orders, 4 pending orders, and 2 stop orders.
- With a vast community of traders, ZuluTrade offers a diverse range of strategies and trading styles to choose from.
- Besides, Vantage offers excellent education and research resources, making the broker a great choice, especially for beginner traders, guiding them on how to start trading and navigate the market with ease.
- You should take into consideration several factors, such as whether the account type has a minimum deposit requirement, its spreads and commissions, the execution method, and more.
- The transparent nature of any top tier forex broker means you know what you are getting into when you open an account with them.
VantageFX Demo Account
This package includes a range of advanced features, such as a trade terminal, correlation matrix, and sentiment trader. Clients can also access a range of expert advisors and custom indicators designed to enhance their trading experience on the MetaTrader platforms. The broker offers multiple trading platforms, including MT4, MT5, ProTrader, WebTrader, and Vantage Social Trading, so you can choose the one that suits your trading style and preferences. Additionally, Vantage provides educational resources and trading tools to help you improve your trading skills and knowledge. Regulated by ASIC, CIMA, SIBL, and FSCA, Vantage provides clients with a secure and reliable trading environment. The broker also offers educational resources and trading tools to help clients improve their trading knowledge and skills.
Main Insights from Exploring Vantage Markets Tradable Assets
In addition, Vantage FX is currently one of the only brokers offering TradingView’s CHARTS. The broker’s regulation by reputable authorities such as ASIC, FCA, and CIMA further enhances its credibility. These regulatory bodies ensure that Vantage Markets adheres to strict financial standards, including regular audits and compliance with anti-money laundering (AML) and know your customer (KYC) regulations. Additionally, Vantage Markets offers a comprehensive FAQ section and a knowledge base on its website, covering a wide range of topics, from account setup to trading strategies.
The Vantage app allows users access to over 1000 trading instruments, with advanced tools available for different trading styles, a user-friendly interface, and easy management of funds. The app also helps traders stay updated by providing daily market commentary, global financial news, and deep market analysis. Besides, traders are free to practice on the Demo account and refine their strategies with up to $100,000 virtual credit. The app also enables traders to explore copy trading and replicate trades of successful professionals.
In VantageFX review was noted how this broker has great customer service that provides sufficient information. In the bottom right corner of the website, users will find live chat bubble that opens in a new window. During VantageFX review, live chat functionality has been tested with great success. ECN account is the true market execution account with direct access to diverse liquidity pool and tightest spreads. This is an account for big players and commission is lower than in many other brokers we saw.
Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. We found that Vantage offers over 1000+ instruments across various asset categories, including more than 40 forex major, minor, and exotic pairs. The broker also enables access to global indices such as the S&P 500, agricultural products, and Shares CFDs.