vantage fx broker review

The competitive pricing in the ECN accounts, additional tools and the rebate scheme also make Vantage a good option for more experienced, high-volume traders. In addition, the VPS and access to the MetaTrader software will serve algo traders. The only downside is that you don’t get access to a library of additional indicators or trading robots. With this in mind, I think ProTrader terminal is a better choice for intermediate traders or those who aren’t interested in exploring automated trading features. You will see that there is a good variety of convenient methods for depositing and withdrawing funds from your trading account.

Be careful if using a credit card, as the deposit may be labeled as a cash advance and come with added fees or interest charges. In terms of funding methods, we found a number of options, but some are better than others. A few notable brokers such as Pepperstone, LimeFX, FXTM, AXI and LimeFX use this body to resolve disputes and on average claims take about 5 days to resolve. There are countless chart indicators in TradingView, all accessible at the click of a button. Placing orders in MT5 is very simple, select your order type and trading parameters, then click the blue or red buy and sell buttons. As you can see, MT5 has a very clean and intuitive interface, which is great for keeping trading stress levels to a minimum.

Fees & Costs

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. However, Vantage trails industry leaders in key areas such as research and education. Vantage Global Prime, the UK arm of the broker, offers two account types; Vantage Prime and Vantage Prime Pro. All account types provide access to all available instruments and platforms. Swap-free trading accounts are available for either Standard STP or RAW ECN accounts, allowing Islamic clients to trade in confidence.

As you can see from my comparison table below, Vantage stands up well against top competitors when it comes to available payment methods. As you can see from my comparison table below, Vantage stands up well against two of the most tightly regulated brokers in the industry, Pepperstone and AvaTrade. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Vantage let you trade a range of assets and financial markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals and Energies. They have a generous selection although not quite up there in terms of quantity when compared to IG who have over 17,000 to choose from.

  1. We think you will agree that commissions with VantageFX are very good when you see our Commission Fees results.
  2. Furthemore, you can set the GMT of your trading charts to your local time, or to the opening hours of your favourite instrument.
  3. This section of the website contains a comprehensive guide on trading the forex market including what it is, how to conduct market analysis, trading psychology and more.
  4. While this is pricey, I think the benefits are worthwhile, since I was able to access custom watchlists, hundreds of technical indicators and daily trade ideas.
  5. MetaTrader 4 is available for desktop, mobile, and web, across nearly all device types – 13 platforms and devices in total.
  6. Vantage is a top-tier broker with some of the lowest trading fees I have seen.

Desktop platforms

The MT4 trading signals will send you an alert when there is a potential trade opportunity on a specific trading instrument. These signals can be copied directly onto your trading account although you should be aware of the risks when copying other traders’ signals. Using ZuluTrade, you can access signals from other traders which you can then choose to follow and have these signals copied directly to your own trading account. I like that signals can be filtered according to important statistics such as duration, drawdown, profit (pips / %), amount of trades and more. ZuluTrade have a decent amount of traders to copy, but if you are looking for social trading then eToro would be my top pick.

ProTrader

For this reason, a Swap Free Islamic Accounts is available provided you can prove your eligibility. In case you are wondering how these commissions compare to other brokers, Ross Collins did an extensive comparison. We think you will agree that commissions with VantageFX are very good when you see our Commission Fees results. All financial transactions take place in the secure back office of Vantage. Vantage offers bank wires, credit/debit cards, BPAY, POLi Payments, JCB, UnionPay, Skrill, Neteller, AstroPay, and FasaPay.

vantage fx broker review

For those using Expert Advisors, trading signals, or other forms of automated trading, Vantage FX also offers a free forex VPS. This is open to all clients, provided that you have a minimum balance of $1,000 in your account. Our reviewers were happy to find that Vantage FX offers a wide range of research and analysis tools. There is a Smart Trader Tools Package with an alarm manager, correlation matrix, correlation trader, Excel RTD link, market manager, mini terminal, sentiment trader, session map, and trade terminal. The broker also offers an impressive suite of Pro Trader Tools, such as Market Buzz, Featured Ideas, Economic Calendar, and Analyst Views.

The platform tutorial videos make it easy to get started, however, and there are educational articles to help you grow. The ability to trade share CFDs with Vantage FX provides plenty of opportunities for limefx reviews diversification, thanks to the global market access. As a UK client you can trade 8 share CFDs (including big brands like Microsoft and IBM), whilst as an international client you can over 100. The good news is that this is the most popular precious metal for trading, as it provides you with a safe haven in times of market volatility. For transparency, you can view the full list of available forex pairs and their minimum spreads on the Forex page of the Products section. While some brokers offer a greater number of forex pairs, our Vantage FX review team found that the broker has more than enough variety to allow for a diversified trading strategy and portfolio.

Since this account uses micro-lots rather than standard lots for trading, your required capital (and therefore risk) is far lower. With this in mind, we think this account is a good alternative to a demo account if you want to practice limefx scammers trading with real cash rather than virtual cash. Ross Collins, our chief researcher tested the Raw Account Spreads for 20 MT4 brokers for RAW-style accounts and found Fusion Markets and LimeFX to be among the top choices for tight spreads.