Vantage FX Broker Review Forex & Stock Trading at Vantage FX
Vantage clients also get free access limefx to some exclusive MT4 indicators from Trading Central. These indicators can be used as part of an existing trading strategy and to compliment the built in MT4 indicators. All of the indicators can easily be installed into the MT4 platform and customised.
Top 5 Brokers
Of course, it’s always a good idea to hold only a fraction of your trading capital in any one trading account at one time. If you’re located in Australia or the UK, it’s a no-brainer to take advantage limefx review of the low commissions on the raw ECN account. Traders outside of the UK and Australia have more leverage, at the expense of their accounts being regulated by non-A-Grade regulators.
Account Types & Pricing
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. For more than a decade, they have purpose-built their trading platforms and services to help you trade effortlessly and better capitalize on winning market opportunities.
Unique Features
- I think that you can’t go wrong with any of these platforms if you are just looking to study the charts, place and manage positions.
- A last step in the account opening process required that we upload a picture of our driver’s license, as well as a proof of address document.
- Thankfully, Vantage gets an easy seal of approval and a very high trust score from me.
- Yes, Vantage offers a decent mobile app which offers access to account management features and trading tools whilst on the move.
The prices of all Vantage FX Indices are based on the underlying price of the index’s corresponding stock market. The broker provides traders with MT4 and MT5 demo account, which traders can use to practice their trading strategies on over 180 financial instruments without risking real money. For beginner traders, I appreciate the low $50 minimum deposit, unlimited demo account and selection of educational materials. The in-house platform is easy to use and there are hundreds of popular assets to trade.
There is everything you would need to conduct professional market analysis. You can copy other traders, develop your own strategies and run automated systems. I like that they have a reasonable selection of trading instruments across multi-asset classes but think they could perhaps add some more. That being said, you will find most of popular assets available to trade with accounts that have low spreads and no commission fees. If you are a beginner than there is a limited amount of educational content for you to peruse at your leisure.
Awards include Financial Trading Services Provider of the Year from CV Magazine 2019 and, in 2018, the broker was the Fintech Awards winner for Financial Trading Services Provider of the Year. It also earned the same honor from both the Global 100 and the Fintech Awards in 2017. Next, we had to share details of our employment status and financial position. Vantage is required to do this due to regulatory KYC (Know Your Client) processes.
To further promote that ultra-fast execution, the oneZero Bridge uses processors with up to 3.2GHz of frequency and 18 core speed processing. While Vantage FX accepts clients from most countries in the world, there are 28 countries and one Canadian province from which it does not accept clients. Some of the most notable restrictions are for those in the United States of America, British Columbia in Canada, Belarus, Afghanistan, Lebanon, and South Sudan. Our Vantage FX reviewers found that if you are trading from within the UK, you are protected under the Financial Services Compensation Scheme (FSCS). Impressively, Vantage FX does not charge inactivity fees, which are common among competitors.
The minimum deposit requirement is as low as $50, making it accessible to various traders. Vantage offers low trading costs, high leverage, fast order execution, and upgraded MT4/MT5 trading platforms. Vantage caters to most international traders and lists restrictions on its website. Traders from the UK, France, Vietnam, Malaysia, and Indonesia are welcome.
You should consider whether you can afford to take the high risk of losing your money. Our Vantage FX broker review team was also happy to find that, since 2001, Vantage FX has provided all live accounts with the PowerStats toolkit from Autochartist. Market news feeds are incorporated into the primary trading platforms, letting you review Vantage FX instruments and news in one place. This type of news feed is found on the MetaTrader platforms as well as the Vantage FX application. The Myfxbook AutoTrade service mirrors accounts, letting you copy the trades of top systems. You can choose from more than 90,000 forex systems, and you’ll also have the ability to customize and manage the copied trades.