Vantage Review, Forex Broker&Trading Markets, Legit or a Scam-WikiFX

Check out our website for more information on what you can trade on Vantage FX. Depending on your chosen forex trading strategy, you could take advantage of the different share CFDs on Vantage FX. This includes if you want to watch short-term price movements by using day trading strategies. Or long-term price movements and generating profit in the long run. You will get advanced tools and research from the mT4 and MT5 platforms whether you’re a manual trader or have help from an automated trading bot.

Fraud can be completely ruled out with an utterly regulated offerer to 99%. Vantage clients have access to a wealth of video tutorials on basic trading concepts for various assets and more advanced technical and market analysis. If you choose to skip opening a demo account, trading platform tutorials are also available here. Vantage FX’s MT4 app allows traders to work from anywhere, with nine timeframes and 30 indicators. Unlike other brokers that charge fees for deposits, and on inactive accounts, Vantage FX does not generally charge any non-trading fees.

Trusted Broker Reviews

Vantage FX will require some basic information from you in order to process your account application. This will include basic identification documents such as a passport or ID card. Although designed for an Australian user base, the Vantage brand and platform has grown to accommodate users from across the world and now boasts a truly global user base. Currently, it accepts users from most major nations including the United Kingdom, Norway, Sweden, France, and Germany. Vantage is a forex and CFD broker, regulated by the top-tier Australian financial authority ASIC, as well as the UK’s FCA. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.

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. Vantage is an Australian-based brokerage platform specialising in forex and CFD products.

Market Analysis Materials

Raw ECN will give you a cost-effective forex trading environment, and you may only be charged a £3.00 commission. It is arguably one of the most stable accounts on the market and includes the fastest execution spreads similar to the standard STP account. MT4 is the most prominent online trading platform that specialises in forex trading worldwide. You’re able to connect it with your Vantage FX account to gain more confidence when forex trading. Developed by MetaQuotes, once connected to the deep liquidity forex market, our Vantage FX review UK found MT4 a powerful tool for traders.

Every quarter, administration, security reviews and financial reports are published with the findings because the importance of clients’ funds and safety is fundamental to the broker. Always check with your bank if you need to pay any international bank transfer fees even though there are no deposit fees. Withdrawals are usually processed within 24 hours, depending on the payment method but can take up to 5 business days if you use limefx a bank transfer option. Vantage FX is an innovative Australian financial services firm that strives to offer the best in online Forex trading solutions to Australian traders and globally. Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers. Vantage is the right broker for those who seek a platform that can provide a hassle-free transparent trading experience.

Trading Commodities CFDs

The first international bank withdrawal each month is free of charge; all further withdrawals within the month carry a 20 currency unit fee ($20, €20, etc.). We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our https://limefx.biz/ review process that includes a detailed breakdown of the Vantage FX offering. Each one of these is graded, and an overall score is calculated and assigned to the broker. Vantage FX provides research primarily from third-party content providers such as Trading Central.

This review of Vantage FX found that although it had relatively high minimum deposit prices for each account type. They offer advanced features that you can’t find anywhere else. They also provide fast speed execution times and zero to low commission rates depending on which account type you choose.

Start trading with a leading regulated broker

Every trade on the standard STP uses an Equinix Fibre Optic Network. This network helps to give the customer extremely rapid execution times. Our Vantage FX review UK also found that you will have access to over 300 tradable assets and use either MetaTrader 4 (MT4) or MetaTrader 5 (MT5) online platforms.

• We noted in the pros and cons section above that one of Vantage’s shortcomings was their lack of available assets.
• Check out our website for more information on what you can trade on Vantage FX.
• When we can press it, both in the portfolio and in crypto, when we see it, we can press it a lot.
• It gives you direction to where to start applying this information.
• Our ultra-fast execution, stable performance, and round-the-clock dedicated customer service support, ensures that with Vantage, you have the edge to win.

MT5’s two account types (Equity and Hedge) make it easier for traders to manage their accounts in the way they want. Overall, Vantage FX is a trustworthy STP/ECN broker, but with a limited range of financial instruments compared to other similar brokers. It offers support for the most common trading platforms and has decent trading conditions on all of its accounts. Most notable is its ECN account that offers raw spread pricing in exchange for a low commission. Its education and market analysis sections are somewhat limited, but it offers excellent customer support and a free unlimited MT4 demo account. With LimeFX, traders will experience super-fast trade execution, as well as interbank grade and RAW ECN spreads.

Trading conditions improve significantly on its Raw ECN Account, which has a 0 pip spread and an extremely low commission, but a minimum deposit of 500 GBP. The pro ECN account is a step up from the raw ECN as it is targeted to professional traders and investors who use high volumes at a time. It has the most advanced trading features to benefit any high rolling forex trader.