Vantage has built a decent foundation for a new mobile trading application with its Vantage App. However, I am not a fan of the ads, and it is still a long way off from competing with the best mobile apps in the industry. Just maybe improve the leverage you provide for clients with smaller accounts.
Vantage pros & cons
All of the broker’s platforms are equipped with extensive trading support, ensuring that all its users are kept up to date about the markets. Another unique feature of Vantage is the PRO Trader Tools available to clients who fund accounts in excess of US$1,000. These tools help investors track over 35,000 tradable assets from around the world. It also grants users access to a premium economic calendar plus use of superior platform tools like MetaTrader 4 and 5. Furthermore, all customer funds are held in segregated accounts, thereby ensuring a greater degree of security. Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app.
Vantage’s Account Opening Process
Compared to the broader industry, Vantage offers an average number of currency pairs and a high number of commodities, indices, share CFDs, and cryptocurrencies. MT5 is ideal for automated trading, thanks to its Expert Advisors (EAs) and an integrated strategy tester for algo traders. Please note that ‘round-turn’ means that half of the fixed rate is paid whenever an order is opened, and the other half is paid when the position is closed. I determined that Vantage’s commission rate meets the industry average.
Research Tools
- That is why traders need to familiarize themselves with the safety mechanisms ensured by the entity they want to open an account with beforehand.
- When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of the leverage.
- Vantage is a well-balanced Australian broker that offers retail and professional traders access to nearly 1000 instruments at competitive prices.
- Against a minimum deposit of $200, Vantage clients can gain access to ProTrader’s Market Buzz, advanced charting capabilities, featured ideas, and other tools.
- Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares.
You should consider whether you understand how CFDs and Spread Bets work and whether you can afford to take the high risk of losing your money. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
Once an inquiry has been submitted, Vantage conducts a thorough review before sending a detailed report to its users. Moreover, the platform is recommended for traders who are willing to invest large sums and are confident in their trading abilities. Beyond the aforementioned benefits, Vantage also provides a wide range of technical charting tools to its users, thereby making it easier for investors to hone their decision-making process. Vantage Trading is an online broker that offers CFD trading on various financial products, including FX, indices, stocks, and ETFs. With consistently competitive spreads, you can trade CFDs at lower costs.
Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. The multi-regulated broker also protects client funds through the use of segregated accounts. Vantage Markets (or Vantage) is an award-winning multi-asset broker offering clients access to trade CFDs on Forex, Commodities, Indices, Shares, ETFs, and Bonds. With over 13 years of market experience and regulated in multiple jurisdictions, Vantage provides a trusted trading ecosystem that empowers clients to seize trading opportunities. Vantage incorporates the popular MetaTrader 4 and MetaTrader 5, along with the ProTrader platform.
ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. I was able to withdraw my money via USDT-TRC20 in less than 5 minutes. I think Vantage is the benchmark when it limefx forex broker comes to withdrawal via Crypto transfer. With its affordable prices and a selection of over 50 lower-risk securities, I assess Vantage to be a great choice for day traders and position traders. Vantage offers financial news in video format on its YouTube channel, providing an easily digestible and time-efficient way to stay informed.
They provide coverage on current economic and financial news with potential market impact, focusing on various financial assets like gold, the US dollar, bonds, and more. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of the leverage. Essentially, the broker lends the trader money so that the latter can open bigger positions. The leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades.
Vantage also has a pretty exhaustive FAQ section for more general queries. MetaTrader 5 stands out with its simplistic design and key features like one-click trading, alarm settings, and a market depth tool, ensuring fast and efficient order execution. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight.
Vantage operates under four entities regulated in various jurisdictions, including ASIC in Australia and the FSCA in South Africa. Based on my research of Vantage’s legal documents, I assessed that the broker complies with most safety regulations. Additionally, the broker is well-suited for hedging strategies, offering an extensive selection of futures contracts. Choose from precious metals, oil and soft commodities to take advantage of major market cycles. Steven Hatzakis is the Global Director of Research for ForexBrokers.com.
He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. The range of available markets at Vantage will depend on which entity regulates your account. The following table summarizes the different investment products available to Vantage clients. After having created an account with them for almost a year and working with the Metatrader 4 platform, I must be very satisfied.
Please read our legal documents and ensure you fully understand the risks before you make any trading decisions. Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares. With our RAW ECN account, traders can experience some of the lowest trading costs in the industry.
Its Raw ECN account type, however, offers more competitive prices than the typical ECN account type. Deposits and withdrawals are cost-free with Vantage, though third-party banking fees may apply depending on the chosen payment method. The broker does not charge dormant accounts with an inactivity fee. Brokers operate multiple entities because it allows them to serve clients worldwide.
An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and https://limefx.name/ the financial services industry while assisting in the production of content. Beyond the in-platform functionality and education, the broker also provides dispute resolution services to its clients. Users are allowed to submit trade inquiries via the website in case of any dispute.
The Raw ECN account features the second-best conditions, and its extremely low deposit requirement makes it easily accessible to a wide variety of traders. I found this account type suitable for all kinds of trading strategies. Vantage provides a diverse portfolio of over 940 instruments spanning various asset classes such as currency pairs, commodities, share CFDs, indices, cryptocurrencies, futures, and ETFs. This extensive range supports the implementation of a broad spectrum of trading strategies. I was strongly impressed by Vantage’s proprietary trading app powered by the seamless TradingView. It offers a superior design with numerous functions, enabling easy market access and real-time monitoring of market trends for on-the-go position adjustments.