Different markets require different tools, and at Vantage FX, they offer a comprehensive range of tradable assets. Vantage clients can trade Forex, commodities, indices, and stocks, all with the safety and security that comes with a regulated broker. At Vantage FX, you can trade cryptocurrencies such as Bitcoin, Ethereum, Ripple, and many more. Since Vantage FX clients gain access to the crypto market through CFDs, they simply speculate on the sharp price movements of large-volume, popular, or trendy crypto coins. With about 60 crypto CFD assets, members of the broker get a rather decent exposure to the crypto market. A dedicated Perpetual account is offered to crypto traders, allowing them to go live with their trades with a minimum deposit of only $5.
Energy traders take advantage of fluctuations in the price of a certain specialised set of commodities markets such as oil, gas, gasoline and heating oil. Compare top platforms, fees and features to make an informed trading choice. Unlike other brokers that charge fees for deposits, and on inactive accounts, Vantage FX does not generally charge any non-trading fees. Vantage FX provides customer support via phone calls, Live Chat, and Email. The trading platform has a customer support page, and they answer related questions through the FAQ page.
- Chief among broker characteristics mentioned is that Vantage stands as one of the best MetaTrader and copy trading (social trading) brokers in forex trading for 2024.
- A $3.0 commission for a 1 Lot trade on the Pro account is very competitive.
- The stop-out level is automatically triggered when your account is below 50% of the required margin.
- Straightforward browser-trading allows investors to carry on trading using the platform, which also still provides all the tools one should use.
The support team was excellent, which really enhanced my overall experience. This also goes with a demo account for practice purposes where actual precautions can be avoided. User should submit for identity proofs (passport or national ID) and proofs of address (either bank verification or utility bill). Traders need to submit a copy of their ID and proof of residency documents to satisfy AML/KYC conditions. From the above, we can see a mark-up spread of about 1.1 pips to the average https://lunarcapital.net/ spread on Vantage FX’s Standard Account to cover the costs of trading the EUR/USD pair.
- This is unlike most financial firms that would charge a certain sum on trading accounts after a prolonged period of inactivity.
- Our reviewers were happy to find that Vantage FX offers a wide range of research and analysis tools.
- The broker advertises excellent trade conditions as well as incentive offers and leverage of up to 500 times.
- The platform also supports advanced order types and real-time notifications, enabling traders to stay updated with market movements and manage their portfolios on the go.
- On the downside, our team do highlight that the VFSC is not a well-regarded regulator and the FSCA is not on the same level as the ASIC or FCA.
- You should also note that all international account type holders can choose from six base currencies; AUD, USD, EUR, GBP, CAD, and SGD.
Deposit fees
Vantage Markets is a reliable and versatile broker that offers a range of features to cater to different trading styles and experience levels. With its strong regulatory framework, competitive pricing, and excellent customer service, it provides a safe and supportive environment for traders to grow and succeed. While there are some areas for improvement, such as expanding research tools, the overall experience with Vantage Markets is highly positive. Vantage Markets prioritizes trust and security through robust regulatory oversight and client fund protection. Regulated by respected authorities such as ASIC, FCA, FSCA, and VFSC, it adheres to stringent compliance standards. To prevent fraud, the broker integrates top-tier platforms like MetaTrader 4 and 5 alongside proprietary tools, ensuring secure and efficient trading.
The MetaTrader trading platform
To help reduce slippage, Vantage FX has a network of data centers and servers to deliver ultra-fast execution, with six trading servers in various countries. 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.
Global Regulation
Also, having more customization options in account management would be helpful. While Vantage FX accepts clients from most countries in the world, there are 28 countries and one Canadian province from which it does not accept clients. Some of the most notable restrictions are for those in the United States of America, British Columbia in Canada, Belarus, Afghanistan, Lebanon, and South Sudan. Our Vantage FX reviewers found that if you are trading from within the UK, you are protected under the Financial Services Compensation Scheme (FSCS). Impressively, Vantage FX does not charge inactivity fees, which are common among competitors.
Trading Instruments
MT5 retains the core functionalities of Vantage’s MT4 platform while incorporating additional timeframes, more advanced charting tools, and an integrated economic calendar. Furthermore, the platform’s MQL5 programming language allows for more sophisticated EAs and custom indicators. Vantage’s MT5 is available on various devices, including desktop, mobile, and tablet. Then Vantage FX has received numerous awards for its exceptional trading services over the years. In 2020, the broker was awarded the “Best ECN Broker” at the Global Forex Awards. The year before, Vantage FX was recognized as the “Best Forex Broker Asia” at the Global Forex Awards.
What’s the Vantage FX trading experience like?
However, other methods require longer to process with bank wire withdrawals taking up to five working days. Supported funding methods include bank wire transfer, credit/debit card, Neteller, Skrill, AstroPay, FasaPay and broker-to-broker transfer. The firm’s membership with the Financial Commission and Compensation Fund is also a good sign. This protects clients with a maximum compensation of 20,000 EUR in the case of an unresolved dispute with the broker.
Where is Vantage based?
The minimum deposit requirement varies depending on the trading account type. For the Standard Account, the minimum deposit is $200 USD, while the Raw Account requires a minimum deposit of $500 USD. Additionally, Vantage Markets offers a comprehensive FAQ section and a knowledge base on its website, covering a wide range of topics, from account setup to trading strategies.
For example, it would have been more convenient if I had direct access to the web platform after logging in, rather than having to navigate through several pages first. For newcomers, the design may feel a little dated compared to some alternatives, but in my experience, the look and feel of the platform is easy to get used to. I think Vantage could improve its market coverage by introducing Asian share CFDs from exchanges like the Shanghai or Tokyo Stock Exchanges. My only minor complaint is that the selection of shares is lighter than some brokers like CMC Markets. Again, Vantage doesn’t charge any internal fees for withdrawals, which is a positive if you make regular withdrawals.
Every broker we recommend meets strict trust and safety criteria and is tested for reliability, transparency, and overall trading experience. To ensure fairness and transparency, we independently verify broker claims and integrate real-user feedback, regulator data, and live trading tests. The radar chart to the left illustrates the weight of each category in our final scoring system. Vantage FX also offers regular webinars – run thrice weekly – a real advantage for beginners trying to find their footing in the Forex trading space. Vantage Fx’s educational materials are comprehensive and well-presented, but not as good as the best Forex brokers in this space. Clients with a minimum balance of 1,000 USD will be able to opt into the Vantage FX free VPS promotion.