For traders who are located in countries outside the UK and Australia, Vantage also offers a range of social trading platforms. If you’re an active trader or professional trader, trading more than a few limefx courses scam times per week, you’ll almost definitely want to use the raw ECN account. If you’re located in Australia or the UK, it’s a no-brainer to take advantage of the low commissions on the raw ECN account.

Payment from joint bank accounts or credit cards is accepted if the trading account holder is one of the beneficiaries. One of Vantage FX’s VPS partners is ForexVPS, which allows users to simply log in to their servers through any stable desktop or mobile device. The broker offers access to ForexVPS free of charge for clients that have a minimum balance of $1000. This is unlike most financial firms that would charge a certain sum on trading accounts after a prolonged period of inactivity. In this broker review, updated in October 2024, we will pay attention to the critical aspects of Vantage FX, which you may consider before deciding whether to trade with this online brokerage. Vantage has an average Trustpilot score of 3.3 stars from 3,862 customer reviews.

• Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today.
• Vantage makes it simple to start trading by offering a wide range of deposit methods and charging no deposit fees.
• There are versions available for both Android and iOS, and it provides access to full trading functionality.
• However, its dated and rugged design is inferior to newer and sleeker platforms.

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. The Vantage FX application is a proprietary trading platform that lets you trade on the go, accessing share CFDs, indices, commodities, and forex pairs. There are versions available for both Android and iOS, and it provides access to full trading functionality. We encourage you to review Vantage FX’s trading platforms and instrument offerings via a demo account before investing real money.

• This feature enables traders, particularly beginners, to follow and mimic the strategies of successful traders, making it easier to learn and profit from the expertise of others.
• Vantagefx.com also has a proprietary mobile app, which provides access to 250+ tradable instruments.
• These accounts eliminate swap fees on overnight positions, replacing them with a nominal administrative fee.
• Those interested in social trading will want to review the Vantage FX forex broker’s compatibility with ZuluTrade.
• The commission fees are competitive, and there are no additional fees on top of overnight financing charges.

Key Pros

Beginners will enjoy Standard STP accounts (Vantage Prima accounts in the UK), which do not charge commissions. RAW ECN and Vantage Prime Pro accounts may be the perfect choice if you’re willing to pay a little extra for tighter spreads. Pro ECN accounts (international clients only) are also ideal if you are a professional trader with high trading volumes. Gain instant access to the world’s most liquid Stock Exchange Indices through your MT4 and MT5 trading platforms.

Trading Central

With Vantage FX, you will enjoy the benefit of super-fast trade execution and interbank grade RAW ECN spreads with no dealing desk intervention. The broker offers institutional trading conditions to retail traders, operating a true ECN/STP model of execution that offers transparency and helps to build trust. As with other ECN brokers, Vantage FX uses top-tier liquidity providers (LPs) to ensure deep liquidity, fast trade execution speeds, and tight interbank RAW ECN spreads that start from just 0 pips. Energy commodities are some of the most important commodities in the world because they are used to power the economy. Vantage FX allows you to trade the energy markets via the MT4 and MT5 trading platforms. The CFD broker offers the most popular energy commodities, such as crude oil, natural gas, gasoline, and heating oil, allowing you to take advantage of fluctuations in the prices of those commodities.

Mobile trading

The broker’s flagship ProTrader platform, seamlessly integrated with TradingView, caters to both beginners and advanced traders. Additionally, it supports MetaTrader 4 and MetaTrader 5, as well as the Vantage app for trading on the go. A 10% forex rebate bonus is also available if you deposit a minimum of £1,000 with the STP account.

Islamic Account (Swap-Free)

You can also use trading signals from Trading Central, custom watchlists, and take advantage of the news calendar and alerts. The application also lets you open your account and take care of fund management. They include spreads, commissions, overnight and rollover fees, and currency conversion fees.

The platform becomes even more powerful once it is connected to the brokers deep FX liquidity pools via the custom made oneZero™ MT4 Bridge. Vantage has worked hard alongside MetaQuotes to fine-tune their fibre optic network and servers to fully exploit MetaTrader 4’s Forex trading capabilities. Traders using the Vantage MT4 platform are gaining an edge on global Forex markets with substantial improvements in execution speed and a transparent price feed across all asset classes. If you choose to open a Vantage https://limefx.name/ trading account, you will be able to trade energy markets on MT4 or MT5 with ease. 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.

The minimum deposit at Vantage FX depends on your account type, and which arm of the broker you are trading with. In this review, you can find all the information you need to decide whether is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Yes, Vantage offers trading on cryptocurrency CFDs, allowing traders to speculate on price movements without owning the underlying assets.

The all-in-one trading app also features fast account opening and in-built funds management for easy deposits and withdrawals. This latest version of MT5 makes all the difference to professional Forex traders, as many Forex brokers running older versions of the platform does not allow you to hedge your positions. Vantage is tight and historic relationship with MetaQuotes means that they are always at the forefront of developments and offering the ability to hedge in MT5 is no different. Forex markets are always traded as currency pairs where a Forex trader will always buy or sell one currency in terms of another. An example of one such trade would be a EUR/USD buy trade, meaning buying EUR and selling USD.

If you’re a serious trader and you’re going to be doing a lot of volume, or making a large amount of trades throughout the day, you’ll probably want to save on trading spread costs with an ECN account. In my estimation, the Standard Vantage account offers more favorable conditions than other brokers’ standard accounts. Generally speaking, the lower the margin call and higher the stop-out, the lesser the risk of incurring a negative balance. I particularly appreciated Vantage’s above-average cryptocurrency offering and the flexibility of cryptos and some metals being denominated in multiple currencies (USD, JPY, and EUR). My only minor concern is the absence of stocks from Asian companies in its asset selection.

Vantage supports trading in popular cryptocurrencies through CFDs, allowing users to speculate on digital asset price movements without owning the underlying coins. The platform includes major assets such as Bitcoin (BTC) and Ethereum (ETH), offering traders exposure to the growing digital economy without the complexities of wallets or exchanges. Vantage’s research is sourced primarily from third-party content providers such as Trading Central, alongside its own in-house production which has grown considerably year over year. That said, I am still pleased to see how much Vantage has improved its research over the last 12 months. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry.

Vantage FX is an award-winning broker headquartered in Australia under the Vantage International Group. Among other global locations, the broker has an office in London which is regulated by the Financial Conduct Authority (FCA). ECN accounts at Vantage FX charge commissions, but Standard STP accounts do not.

This speed and convenience are ideal for those looking to act quickly on market opportunities. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Video content includes quick updates via Trader Insights and deeper analysis in The Trade Off series. Autochartist enhances the offering by identifying key patterns and support/resistance levels. Overall, Pepperstone’s research is insightful, accessible, and highly valuable for active traders. To start a live chat, users must first provide personal details and navigate a chatbot. An agent connected almost instantly and provided quick, concise responses.