vantage fx broker review

With Vantage FX, you will enjoy the benefit of super-fast trade execution and interbank grade RAW ECN spreads with no dealing desk intervention. The broker offers institutional trading conditions to retail traders, operating a true ECN/STP model of execution that offers transparency and helps to build trust. As with other ECN brokers, Vantage FX uses top-tier liquidity providers (LPs) to ensure deep liquidity, fast trade execution speeds, and tight interbank RAW ECN spreads that start from just 0 pips. Vantage FX offers access to the most liquid global FX markets, allowing traders to trade over 40 forex pairs.

Security and Money Guarantees

These features make Vantage an attractive choice for traders looking for a reliable and feature-rich forex broker. However, it’s always recommended to conduct thorough research and consider personal trading requirements before choosing a broker. Vantage FX provides research in the form of technical and fundamental analysis on its blog by in-house staff and guest writers.

Are Vantage FX’s Spreads Competitive?

Domestic fast transfers are also available for those who are located in Australia. Additionally, Vantage also supports a number of electronic transfer methods, including Neteller, Skrill and FasaPay. Generally speaking, Vantage will not apply any additional fees, though this may depend on your bank. A full list of fees is readily available and easily accessed via the homepage – simply click on the payment options icon at the bottom right-hand corner of the homepage. In our experience, both deposits and withdrawals to the platform are processed quickly with minimal delay. Overall, the writer of this Vantage review found that using the platform is relatively simple.

vantage fx broker review

Vantage Customer Support

However, this is standard practice and Islamic accounts avoid this charge, though an admin fee is levied instead. I was pleased to find no deposit or withdrawal charges, keeping costs down. As you can see from my comparison of suitable alternatives below, Vantage rivals popular brokers when it comes to the breadth of markets.

KYC Procedure for Account Creation and Depositing

vantage fx broker review

Servers are located worldwide in major financial hubs, including New York and London, giving ECN market liquidity to client platforms for fast execution speeds. Vantage FX offers over 300 CFD products, including FX pairs, precious metals ( gold, silver, limefx company reviews etc ), commodities, indices, futures, and share CFDs. Their range of available financial assets compares fairly to other big brokers, such as OANDA and Fusion Markets. I recommend the Raw ECN or Pro ECN accounts, as these offer ultra-tight spreads.

Vantage has an average Trustpilot score of 3.4 stars from 3,155 customer reviews. Around 58% of all reviews on the platform have a 5-star rating, with 23% of all reviewers giving the broker a 1-star score. The firm offers MT4, MT5, and TradingView-based platforms, which in our opinion is exactly what the average retail trader should be using. 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. Outside of these hours, we would sometimes run into a chatbot on live chat, or deal with a customer support representative who seemed less knowledgeable than their Australian counterparts.. All in all, Vantage has a solid product offering, not as much as some other major brokers, but it should be enough for most traders.

This is good for accessing the platform on any device, even if it is not your own. The web trader keeps the same intuitive interface and majority of functions as the desktop platform. Vantage offer trading services to clients from most countries excluding residents of certain jurisdictions such as the United States, North Korea and some other regions.

  1. Meanwhile, Vantage’s free trading calculator is ideal for planning trades and how much margin you need.
  2. To locate this pairing, simply search for the pairing in the search bar as shown in the image below.
  3. The AutoTrade service is an online FX trade copying platform with over 90,000 FOREX traders.
  4. 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.

It offers to trade US, Australian, and European stocks, commodities, and indices, with all major & minor currency pairs. However, the broker trails behind in offering Crypto trading to traders, which might be counted as its biggest drawback. It’s also possible to open a swap-free trading account with Vantage FX, which is one of the only forex brokers to support traders that cannot receive or pay swaps because of their religious beliefs. In terms of security, Vantage employs the highest levels of digital protection to safeguard clients’ personal and financial information.

These regulators ensure that Vantage adheres to strict regulatory standards, which include maintaining segregated client accounts, regularly reporting financial statements, and undergoing external audits. Vantage FX offers MetaTrader 4, MetaTrader 5, WebTrader and multiple mobile trading apps for iPhone and Android devices. CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument.

Allow clients to put real-time account data into excel for analysing, comparing and creating rules. With the MT4 and MT5 WebTrader you can access all Vantage markets from any device, anywhere, and anytime. Whatever your market of choice, the correlation between FX markets and stock Indices is powerful. Enhance your trading capabilities and possible even improve your trading success rate by gaining exposure to these markets. Those who are interested in statistics will want to know that Vantage FX is stable at 99.99 percent of MT4 uptime and has improved the execution speed by 78 percent. Vantage FX carefully tested each fiber optic line that connects the servers to ensure minimization of latency.

Then we had to provide details about our address and whether we’re a US resident for tax purposes. At the next step, we had to provide some more of our personal details, such as date of birth and identification document details. The first step required us to share our name, country of residence, and phone number. Opening an account with Vantage was a relatively painless and streamlined process, allowing us to be set up in about 5 minutes.

vantage fx broker review

Vantage FX uses the MetaTrader 4 and MetaTrader 5 platforms, the best-respected and most popular platforms in the world of forex trading. These platforms are available in 32 different languages with 24/5 market hours. Vantage FX also offers an Islamic Account for Muslim traders to utilize so they can enjoy a swap-free account.

These partnerships are designed to maximize data resources as well as trading methods that are at the disposal of clients. Vantage FX uses Intel Xeon E7 Processors that feature Turbo Boost Technology to ensure the oneZero MT4 Bridge runs at the maximum possible speed. That helps clients receive the quickest access to global markets, with a core speed of 18 and frequency https://limefx.group/ of up to 3.2 GHz. Vantage FX uses a oneZero MT4 Bridge, which is a next-generation price aggregator that connects Vantage FX’s dark liquidity pool with the client’s MT4 platform. This oneZero MT4 Bridge is actually the only existing solution of a technically advanced nature that can handle the vast number of market orders that require execution and do so at high speeds.

Leave a Reply

Your email address will not be published. Required fields are marked *

This field is required.

This field is required.