Luckily, Vantage FX isn’t the only broker out there, and there are many brokers to check out if it doesn’t work for you. However, if you’re a UK or EU investor, you’ll have to call different phone numbers and assistance is available only five days a week. This can be a bit frustrating when you want someone to help you with a trading emergency. With Vantage FX, you can start copy trading as low as $50, and if the seasoned investors profit, you’ll profit too. Vantage FX offers MetaTrader 4 and MetaTrader 5 to facilitate placing orders and executing them, whether you’re a beginner investor or a seasoned one. Additionally, Vantage Global Limited is authorized and regulated by the VFSC and registered in Vanuatu.

Desktop Trading Platforms

It provides unlimited access to the best trading strategies and practices to help you become a better investor. Because safety comes first, top-tier regulators regulate and oversee Vantage FX to ensure the safety of traders’ money. As an investor, this oversight increases your confidence in the platform. The Pro account changes a $1.50 commission and the Raw one changes a $3 commission per lot trade. Copy trading is one of the most appealing features on Vantage FX, especially if you’re a beginner.

Community Reviews and Expert Recommendations

Below is my view on the tools that I think elevate the trading experience. Looking at the negatives, the user experience of the client dashboard isn’t as seamless as other brokers in my view. MT4 and MT5 are hugely popular trading terminals that offer powerful charting tools and customizable layouts. Since both platforms are strikingly similar, I found it useful to compare them side by side in the categories below. As you can see from my comparison of suitable alternatives below, Vantage rivals popular brokers when it comes to the breadth of markets. Again, Vantage doesn’t charge any internal fees for withdrawals, which is a positive if you make regular withdrawals.

Trading Fees

He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.

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. If you’re from Australia, you’re spoiled for choice, with a number of impressive deposit methods. The good news is there are no charges when it comes to deposits, withdrawals, and inactivity. The Australian Securities and Investment Commission (ASIC) and England’s Financial Conduct Authority (FCA) are both very tight on how much leverage is allowed for retail traders. If you are of Islamic faith and comply with Sharia law then the use of a riba is forbidden.

By the Financial Conduct Authority (FCA) under Vantage Global Prime LLP, for institutional clients. Vantage also has an entity that holds regulatory status with the Cayman Islands Monetary Authority (CIMA), and by the Vanuatu Financial Services Commission (VFSC) in Vanuatu. Yes, based on your detected country of FI, you can open an account with this broker.

Soft commodities

You can find tutorial videos for the Vantage FX platforms in the educational area. Due to the similarities across all platforms offered by Vantage FX, however, that should be enough to help you use any of the broker’s platforms. Expert 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.

Vantage FX markets and products

Some of this comes from the oneZero MT4 Bridge, which is a next-gen price aggregator that has a bandwidth of up to 100GB/s. To further promote that ultra-fast execution, the oneZero Bridge uses processors with up to 3.2GHz of frequency and 18 core speed processing. In addition to supporting Expert Advisors, MetaTrader 5 supports advanced EA backtesting algorithms to help you choose which ones to use. You can also use trading signals, https://worldtradex.pro/ either the thousands created by professionals, or the ones you create with the MQL5 programming language. For UK clients, both the Vantage Prime and the Vantage Prime Pro accounts can be opened with £2,000.

• You should consider whether you can afford to take the high risk of losing your money.
• Vantage offers its own proprietary trading app, alongside the standard MetaTrader suite of mobile apps.
• All of the deposit and withdrawal options come with zero fees from VantageFX themselves, but some options may have fees from a specific bank or financial company.
• Our Vantage FX reviewers found that if you are trading from within the UK, you are protected under the Financial Services Compensation Scheme (FSCS).
• MT4 and MT5 are somewhat similar, MT5 is the successor to MT4 so offers much of what MT4 has but more charts, indicators and tools overall.
• Opening an account with Vantage was a relatively painless and streamlined process, allowing us to be set up in about 5 minutes.

The WebTrader can be accessed through all popular web browsers, such as Chrome, Safari, Firefox, and Edge. The account allows its users to take advantage of the lowest costs while capitalizing on the fastest execution speeds. To ensure that we only recommend high-quality brokers, our reviewers have tried and tested each of Vantage FX’s trading platforms. There are multiple account types available at Vantage FX, each of which is designed to appeal to a slightly different client category. Beginners will enjoy Standard STP accounts (Vantage Prima accounts in the UK), which do not charge commissions. RAW ECN and Vantage Prime Pro accounts may be the perfect choice if you’re willing to pay a little extra for tighter spreads.

There are mini-course-like articles that offer an introduction to forex trading and information like how to set up the MT4 trading platform. With Vantage, there are a number of educational resources, mainly aimed at beginner traders who are new to forex and CFD trading. We’re quite strict on how we rate particular broking firms with regard to forex trader education, as we believe it’s an area the industry could greatly improve on. 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.. The company offers 24/7 customer support, but we found that different hours of the day offered different quality levels of customer service.

MetaTrader 4 is the most popular platform for trading forex in the world, so our reviewers were pleased to see that it is an option. Vantage FX uses a custom-made oneZero MT4 Bridge for a powerful connection to the deep liquidity pools of the broker. –      Non-trading fees aren’t directly related to trading, but you should consider them as they make up the cost of using a certain broker. Vantage’s research is sourced primarily from third-party content providers such as Trading Central, and it lacks substantial in-house content. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

While this account type does not incur any swaps or interest charges on overnight positions, the account holder is charged an administration fee on trading positions. As part of our Vantage FX review, we tested all customer support contact methods. We found that the https://worldtradex.blog/ multiple channels give comprehensive and convenient coverage so that you’re never stuck without help. You can contact support via live chat, phone, or email, and the broker does its best to get back to you within 24 hours.