Vantage FX allows traders to trade the world’s most liquid Stock Exchange indices — S&P 500, DAX, FTSE, DJ30, and more — through the MT4 and MT5 trading platforms. Thanks to the broker’s oneZero™ MT4 Bridge, traders can enjoy the fastest execution speed. The prices of all Vantage FX Indices are based on the underlying price of the index’s corresponding stock market.
We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. When compared to the industry averages, Vantage has a reasonably competitive system of fees and commissions in place.
Clients can withdraw funds online by logging into the secure Vantage FX client portal and selecting the withdraw tab from the limefx menu. All withdrawal requests are processed via the payment method that was used to make a deposit. For instance, Debit/Credit Card withdrawal can only be used for accounts that made deposits using a Debit/Credit Card.
ProTrader Trading Platform
The fees you get charged on trades will vary depending on which of the three account types you have, with the Standard STP account offering zero-commission trades. The Raw ECN account and the Pro ECN account provide trades at $3 and $2 per trade (each way), respectively. While not the lowest commissions we limefx reviews have seen, these are nevertheless very competitive and are just below industry averages.
- If you choose to trade Forex on MT5 with Vantage, you will benefit from the latest version of MT5 which has activated all EA and signals trading and most importantly, includes the capability to hedge positions.
- And, it’s packed full of features such as order management, custom watchlists, trading signals by Trading Central, alerts, news calendar and more, it’s never been easier to access the global markets anywhere, anytime.
- We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
- Vantage offers its own proprietary trading app, alongside the standard MetaTrader suite of mobile apps.
The broker charges a commission of $3.0 per lot per side ($6 round trip) on the Raw ECN account and $2.0 per lot side ($4 round trip) on the Pro ECN account. From the table above, the spreads offered by Vantage FX Standard STP Account are a bit higher than those offered by the big names in the industry — IC Markets and Fusion Markets. Also, the absence of an FCA regulation indicates that UK-based are not covered under the Financial Services Compensation Scheme (FSCS) if the broker fails to meet its financial obligations in the United Kingdom. However, CFTC regulation is absent; therefore, Vantage FX cannot provide its services to citizens or residents of the United States.
Amazing Customer Support
Since its inception in 2009 Vantage has been in the business of providing institutional trading conditions to retail clients around the world in a transparent true ECN/STP environment. Vantage offers access to more than a hundred trading instruments on various asset classes such as stocks, indices, energies, cryptocurrencies, commodities, and ETFs. It provides a trusted trading ecosystem that enables clients to achieve their own success, in a faster and simpler manner. You can quickly and easily open an online trading account with Vantage with a minimum deposit requirement of $200. Furthermore, the broker also offers free demo accounts if you wish to practice trading online with virtual funds before making an investment.
Popular Forex Guides
Trading on MetaTrader 5 with your Vantage account can help you to gain your trading edge. Lightning fast execution speeds, the tightest of spreads and even more powerful charting capabilities than MT4 are just some more of the features that make MT5 so powerful. MT5’s addition of a two-position accounting system (netting and hedging), allows traders to maintain full risk management control of their account, in their own way. At Vantage, they understand how important the management of risk is and they don’t want clients’ trading platform to be an unwanted restriction to achieving their goals.
Whether you are a scalper, swing trader, or trade long term, the ProTrader platform is designed for traders of all styles. Featuring 12 different chart types from traditional candlesticks to Renko and Kagi, as well as multiple timeframes and a variety of chart layouts, traders can monitor the markets like never before. Because markets move 24 hours a day, 5 days a week the broker understands how important it is for Forex traders to be able to access the market anywhere, anytime.
Payment from joint bank accounts or credit cards is accepted if the trading account holder is one of the beneficiaries. In this broker review, we will pay attention to the critical aspects of Vantage FX, which you may consider before deciding whether to trade with this online brokerage. 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. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes.
Also, they can trade in both long and short directions and can hedge their physical positions whenever they see the market turning. Traders who are looking to profit from some of the world’s most popular stocks can consider trading stock CFDs with Vantage FX. Currently, Vantage FX offers 50 share CFDs from the US stock exchanges, over 70 share CFDs from the UK and European markets, and 50 share CFDs from the Australian market. You can speculate on some of the largest companies from the United States, the UK/Europe at $6 and €10 per trade, respectively. Make smarter trading decisions and find key price levels by taking advantage of the Vantage Forex calculators.
ProTrader Tools
Vantage FX incorporates the latest innovative technologies to make trading faster and easier for their clients. They partner with Equinix, enabling them to provide a diverse network of servers linked by fiber optics. Every fiber optic line that connects their services is carefully selected and tested to ensure minimal latency (with up to 100 gb/s bandwidth). Servers are located worldwide in major financial hubs, including New York and London, giving ECN market liquidity to client platforms for fast execution speeds.
The move contrasts with the typical copy trading platform, which highlights the persona of individual signal providers. The new feature removes the limitation of copying individual signal providers in their entirety. I am loving Vantage Markets.My experience in trading has been awesome the few weeks I have traded here.The welcome bonus on first deposit is a huge boost real deal. The time I needed help, it a bit more time, like 2 to 3 hours before I was attended to.Otherwise, I have no issue. If you are a serious Forex trader, and want to keep your MetaTrader 4 platform running 24 hours a day, a virtual private server (VPS) is ideal.
Traded Instruments
He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Vantage has unveiled Multiple Strategies, a major upgrade to its Copy Trading platform that is designed to offer traders a more flexible, intuitive and knowledge-based trading experience. According to its website, Vantage is founded on the values of accountability, transparency, reliability, integrity and trust. As such, it is quite clear that Vantage takes its regulatory obligations seriously, making this broker one of the safest around. It upholds the highest standards of regulation and compliance as required by the terms of its licence, with client funds kept under tightly controlled accounts that are kept segregated and tightly audited. Currently, the National Australia Bank acts as its custodian bank and it is regulated by the Cayman Island Monetary Authority (CIMA).