Vantage FX Review 2023 Is Vantage FX FCA Regulated ️

This article outlines some bvantage fx review concepts of the forex market and provides you with a solid foundation for understanding its structure. The forex market is one of the biggest financial markets in the world with trade volumes of over $6 trillion. It’s also a very volatile market as well with rapidly changing price action.

In summary, Vantage Markets is among the best brokers out there. This company can be very interesting for beginners or advanced. In particular, the provider is recommended for traders who want transparent and secure trading. You must deposit at least $ 500 for the RAW ECN account and at least $ 20,000 for the PRO ECN account. The capitalization of the trading account is elementary and works through proven methods. Overall, Vantage Markets has more than 180 different tradable assets.

Conclusion of the Vantage Markets review: Professional online broker – No scam detected

When it comes to the core part of the forex trading spread, it varies depending on the account type and trading asset. The EURUSD spread in the standard STP account starts from 1.4 pips, 1.6 pips on GBPUSD, 1.4 pips on AUDUSD, and 1.5 pips on USDJPY, with no additional commissions. The broker from many perspectives is a great offer in technology, reliability, customer service, and pricing.

Vantage offers traders unlimited demo accounts ideal for testing EAs or different trading strategies. I like the absence of a time limit, as traders have sufficient time for bug fixing and back-testing. I want to caution beginner traders about using a demo account as an educational tool. It creates unrealistic trading expectations, and the absence of trading psychology negates the educational value. Vantage offers three account types to traders, where conditions remain identical, but trading costs vary notably from expensive to cheap. Start your day on this world famous TradingView style chart with our exclusive service.

Vantage MT4

For example, react to the go-to exciting market news or simply control your portfolio. Positions can be opened and closed in a few seconds via smartphone. Regulation of Vantage MarketsClient funds are kept with the National Australia Bank. This bank has the highest rating and a market capitalization of more than $ 93 billion.

Assume that you believe the price of this pairing will increase. To do this, all you need to do is select the buy option of the trading window as demonstrated below. Once you have selected “buy” you will be prompted to enter the specific details of your trade. You will be able to decide between a limit order or a market order and the quantity that you wish to purchase.

• Vantage FX is a regulated broker offering trading services for spreads betting and CFDs on foreign exchange, indices, metals, energies, commodities, and shares.
• When in doubt, you should consult a qualified financial advisor before making any investment decisions.
• We also highlighted the different live accounts below for each specific type of trader.
• Vantage FX’s mobile trading apps are excellent compared to other brokers.
• However, it does not publish its average spreads nor swap rates on its website.

The response is very slow, but once on a chat with a host then they will assist you as much as they can and this makes things so much better, I just wish turnaround time would be quicker. But Vantage shows no signs that they want to change their practice in the future and therefore I cannot continue with an unstable and arrogant broker. As you can see above, this trade window also affords you the opportunity to set your stop-loss order. We strongly recommend that every trader implements a stop-loss order to prevent their losses from exceeding an amount they are comfortable with. After you launch MetaTrader5 you will be prompted to enter your MetaTrader5 log-in details.

Withdrawal fees

RAW ECN account – This is another professional trading account offered by Vantage FX, with spreads from 0.0, industrial-grade liquidity and flexible leverage. This account is slightly more expensive than the PRO, with a £3 commission. Just keep in mind that you can start and maintain a live trading account having a $0 balance and that there are no account holding or maintenance fees. To access the Pro Trader Tools tools in Trading Central traders need to make a $1k minimum deposit. Besides these tools, Vantage FX provides research tools, correlation matrix, research material from third party content provider Trading Central as well.

The average https://traderoom.info/ for Raw ECN account types are 0.08 pips with an extra commission of $3 charged on each side (on a $6 per round turn), thus totaling the spread amount to 0.68 pips. At Vantage users can use multiple channels like email, telephone, or live chat to get in touch with the customer service team who are always ready to answer the traders’ queries. In terms of other fees, deposits and withdrawals from the broker side are typically fee-free.

Vantage is an Australian-based brokerage platform specialising in forex and CFD products. Founded in 2009, Vantage is regulated by ASIC and the Vanuatu Financial Services Commission. Also, fresh add-ons or pointers can be added to ameliorate the charting. The Metatrader will be installed with a wide range of standard pointers. On request, still, tone-programmed tools can also be added to the software. This isn’t a problem, because the Metatrader is veritably functional.

• Stock market trading is risky, and an obligation to make additional payments cannot be suspended with a genuine ECN broker.
• Because Vantagemarkets can take advantage that i am in a 3rd country and they think i dont have a right to talk.
• The education section includes learning materials, webinars,market news,and analysis, economic calendar, indicators, and many trading tools.

Bitcoin is the digital currency with the largest market capitalisation and price levels since its inception in 2008. Equity or stock indices are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific set of the largest companies of a nation or they can represent a specific stock market. Finally, for the verification process, you need to upload a copy of a photo identity card like a passport and a proof of residence like any utility bill or bank statement.

Regulation and safety of the customer funds

Vantage Social trading is currently available on Zulutrade, Duplitrade, and MyFXBook auto trade. Investors can have feeds from 70 trading institutions on Vantage MT4 and MT5 platforms, where trading starts from 0.0 pips on ECN and 1.0 pips on the Standard STP trading account. All of these trading facilities are available with $200 deposits only. Vantage offers trading ECN through its RAW ECN trading account where the trading cost is as low as 0.0 spread with a competitive commission. Therefore, traders’ deposit in this broker is safe in the segregated AA rated, Australian Bank .

If VANTAGE FX ’s website itself does not provide enough means, a trader should explore other information sources and means to obtain that skills and knowledge. Potential traders need to be assured that the broker company they chose can offer the necessary support and help whenever they may need it. Vantage FX can be reached via specific phone numbers for those in Australia, the UK, China, Canada, and International, as well as a fax number. Such a bonus is but a way to compensate traders for choosing a certain broker, since once the account is opened, the trader will have the same expenses as any other. The bonus is just a reward for the trader’s choice that gives some of these expenses back to the trader, once proving himself as an active trader.

Vantage FX offers several channels like live chat, email, and telephone to let users connect to the customer service team. According to the various Vantage FX reviews, the live chat system is the fastest channel except during the peak business hours when the traders’ queries tend to pile up. The phone support is of average speed but still, the users seem to be impressed with the services rendered but the representatives over the phone.

Through this broker, traders can perform trading in forex, UK & US stocks, indices, metals, soft commodities, and energies. You can contact Vantage FX’s customer service via phone, live chat and email. The fact that you can phone them is a plus and many brokers only offer online support. The UK telephone support team is even available 24 hours a day from Monday to Friday. This trading broker offers a variety of deposit methods, including bank transfer , debit and credit card, and e-wallets such as Neteller and Skrill. Ever since Alexander got his first stock savings account, he’s also taken a keen interest in the financial markets.