Vantage Review: Forex Broker & Trading Markets Legit or a Scam

Complying with high standards of professionalism and ethical standards, Vantage has taken the protection of clients’ funds to a new level by means of insurance of funds. $ 20 limefx official site million of coverage is provided by SJ Catlin and Lloyds of London. It should also be added that Vantage has a demo account for beginners.

Mohamad Amin Vantage customer service

All forms of payment have no additional costs for deposits; however, customers are still responsible for whatever fees their banks may levy. All withdrawal applications are processed Monday – Friday, 9 am to 7 pm (AEST), within a single business day. Just keep in mind that you can start and maintain a live trading account having a $0 balance and that there are no account holding or maintenance fees. In summary, Vantage Markets is among the best brokers out there. This company can be very interesting for beginners or advanced. In particular, the provider is recommended for traders who want transparent and secure trading.

Trade Share CFDs

Costs may be higher in the long run, but this will suit traders looking for zero commissions and competitive spreads. We also note that withdrawals are only processed Monday to Friday, so traders should be aware of this when requesting funds. Muslim traders will appreciate that swap-free Islamic accounts are available which puts the forex broker on an even footing with rivals like AvaTrade. Our experts are also reassured that this broker segregates client funds from business capital with an AA-rated bank, which should provide peace of mind for traders.

Vantage pros & cons

Since its inception in 2009 Vantage has been in the business of providing institutional trading conditions to retail clients around the world in a transparent true ECN/STP environment. Vantage offers access to more than a hundred trading instruments on various asset classes such as stocks, indices, energies, cryptocurrencies, commodities, and ETFs. It provides a trusted trading ecosystem that enables clients to achieve their own success, in a faster and simpler manner. You can quickly and limefx official site easily open an online trading account with Vantage with a minimum deposit requirement of $200. Furthermore, the broker also offers free demo accounts if you wish to practice trading online with virtual funds before making an investment. Vantage is a suitable forex broker for traders of all experience levels.

• Vantage offers traders multiple trading instruments and account types.
• As well as providing analytical tools and complete control over copied trades, it can also act as an automated trading journal by tracking and analyzing your trading history.
• Overall, the platform provides low minimum deposits and swap-free trading for traders.
• This is not a problem because the MetaTrader is very functional.
• They do this because the conditions for customers from different countries are varied too.

Is Vantage A Regulated Forex Broker?

To get started, simply choose from the list of Spotlight or Signals providers, decide how much you want to trade, and add any risk management parameters. Whilst you clearly won’t get the same experience as the desktop platform, you will get an abundance of real-time data and forex market research straight from the palm of your hand. I was able to access convenient account management features, as well as trade monitoring. For an alternative trading experience, I think the ProTrader is a compelling option. It features a modernized interface with an impressive suite of technical tools. After opening a few positions in both MetaTrader platforms, I’ve found that one of the main differences between the two is how many order types you can execute.

Popular Forex Broker Reviews

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. Ultimately, this means Australian and UK clients will get the best regulatory coverage. ZuluTrade is another leading third-party copy trading solution which can easily be integrated into the MT4 and MT5 platforms. Note that you can also activate one-click trading on these platforms. The range of forex assets offered by Vantage is not the widest, with 49 currency pairs available. This is quite far behind rivals like Forex.com with its 80+ pairs.

• Note that Vantage  does not permit any third-party transactions.
• MT5 allows you to see where the big orders are sitting on the price ladder and lets you plan your trading accordingly.
• My favorites are the Market Buzz AI news tool and the Analyst Views feed with live trade set-ups.
• I tested the broker’s processing times using both a Visa card and Neteller and found that my funds were available immediately.
• Our Vantage review involved testing the MetaTrader MT4 WebTrader platform.
• Featuring 12 different chart types from traditional candlesticks to Renko and Kagi, as well as multiple timeframes and a variety of chart layouts, traders can monitor the markets like never before.
• I also compare Vantage to alternatives and explain what could be improved.

If you have experience trading with Vantage please share your personal review of the broker and what you think are strong and weak points. Compare the markets and instruments offered by Vantage and its competitors. Please note, some markets may only be available via CFDs or other derivatives.