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vantage best forex broker

In addition to the MetaTrader 4 and MetaTrader 5 platforms, which have basically become industry standard by now, Vantage also gives you access to a proprietary Vantage  App and a WebTrader app. It should also be noted that both the MetaTrader 4 and MetaTrader 5 platforms come with mobile versions of the desktop app, which allows you to monitor your trading account and to execute trades on the go. Additionally, social trading features are available through ZuluTrade and Myfxbook, which can be integrated with your Vantage account. As a platform primarily dedicated to forex and forex CFD trading, the forex trading on offer is generally pretty solid. Vantage gives users instant access to deep liquidity on the live currency markets across over 40 currency pairs.

Does Vantage Offer Low Fees?

While this is pricey, I think the benefits are worthwhile, since I was able to access custom watchlists, hundreds of technical indicators and daily trade ideas. During my testing, I was pleased that I could view complete historical data of all available strategy providers, which helped give me peace of mind when choosing who to follow. Below is my view on the tools that I think elevate the trading experience. What you can do, though, is easily view live chart data alongside corresponding analysis and events all on the same page, which I thought was highly intuitive. I also like that clicking on each chart opens it up in full-screen landscape mode, so you can pinch and zoom for a greater level of detail.

When compared to the industry averages, Vantage has a reasonably competitive system of fees and commissions in place. The fees you get charged on trades will vary depending on which of the three account types you have, with the Standard STP account offering zero-commission trades. The Raw ECN account and the Pro ECN account provide trades at $3 and $2 per trade (each way), respectively. While not the lowest commissions we have seen, these are nevertheless very competitive and are just below industry averages. What we did appreciate was how transparent and open Vantage is about the fee structure, with this information being very easy to find through the website. Customer service is a critical aspect of any brokerage, and Vantage Markets excels in this area.

  1. Vantage provides their clients with several top trading platforms including the famous MetaTrader5 (MT5) and MetaTrader4 (MT4) trading platforms.
  2. MT4 and MT5 are widely recognized for their user-friendly interfaces, advanced charting tools, and comprehensive analysis features.
  3. Generally speaking, the spreads on offer are very competitive and trades are executed incredibly quickly.
  4. All information on The Forex Geek website is for educational purposes only and is not intended to provide financial advice.
  5. If you have traded with Vantage we would really like to know about your experience – please submit your own review.

Vantage vs VT Markets 2024

Allow clients to put real-time account data into excel for analysing, comparing and creating rules. With your unique Vantage AutoTrade account, you can easily create a portfolio and automatically copy the trades of other successful Forex traders. You’ll have the ability to manage and customise each copied FX trade and learn from in-depth portfolio statistics.

I received helpful and friendly responses to my queries within 1 minute each time. The MetaTrader platforms come with some of the most comprehensive libraries of technical indicators and drawing tools. Importantly, as you can see from my comparison of other brokers below, Vantage also holds its own in terms of access to the best trading platforms. While I rate the competitive ECN accounts, I think it’s a shame that some serious traders will miss out on the best trading conditions in the Pro ECN solution. The minimum deposit is pretty steep at $10,000 – more than other pro-level accounts I have reviewed. Helpfully for Islamic investors, a swap-free trading solution is available.

ZuluTrade is a good copy trading platform for beginners since it only requires $200. The tool allows you to follow other strategies in a user-friendly limefx dashboard. However, this is standard practice and Islamic accounts avoid this charge, though an admin fee is levied instead.

Can I trust Pepperstone?

The Myfxbook AutoTrade tool allows you to seamlessly integrate copy trading into your Vantage investment account by connecting you to a growing network of over 90,000 forex traders. Similarly, ZuluTrade integrates into your Vantage trading account and gives you instant access to a network of over 10,000 professional day traders. Social trading is a great way to learn from the top traders in the industry, so it’s great to see Vantage supporting it so well. One of the areas where Vantage really excels is in the various trading platforms it makes available to you.

When I used Vantage, I found that clients registering with the offshore entity can access several bonus deals and promotional offers. As you can see from my comparison table below, Vantage stands up well against two of the most tightly regulated brokers in the industry, Pepperstone and AvaTrade. Thankfully, Vantage gets an easy seal of approval and a very high trust score from me. Leverage limits may impact trading strategies by requiring traders to adjust position sizes and risk management techniques to comply with regulatory requirements. The broker’s regulation by reputable authorities such as ASIC, FCA, and CIMA further enhances its credibility. These regulatory bodies ensure that Vantage Markets adheres to strict financial standards, including regular audits and compliance with anti-money laundering (AML) and know your customer (KYC) regulations.

Excellent customer support

vantage best forex broker

This isn’t really a major drawback for me as I prefer the wide-screen functionality that you get on the desktop and web platforms. MT5’s addition of a two-position accounting system (netting and hedging), allows traders to maintain full risk management control of their account, in their own way. At Vantage, they understand how important the management of risk is limefx reviews and they don’t want clients’ trading platform to be an unwanted restriction to achieving their goals. If you choose to open a Vantage trading account, you will be able to trade energy markets on MT4 or MT5 with ease.

I am loving Vantage Markets.My experience in trading has been awesome the few weeks I have traded here.The welcome bonus on first deposit is a huge boost real deal. Love it.One thing I would like improved is response period when chatting support. The time I needed help, it a bit more time, like 2 to 3 hours before I was attended to.Otherwise, I have no issue. VT Markets benefits from being part of the Vantage Group of companies, and provides access to the MetaTrader suite of platforms as well as its own VT Pro trading app.

Furthermore, the broker also offers free demo accounts if you wish to practice trading online with virtual funds before making an investment. Founded in 2009, Vantage is the brainchild of a highly specialised team with backgrounds in finance, forex trading and fintech. Delivered through powerful trading platforms, Vantage puts significant emphasis on user trust and transparency, which is backed up by an award-winning customer support team.

Linked to the Vantage oneZero™ MT4 Bridge, the broker provides the fastest execution speed due to unparalleled access to the deepest liquidity available at any time. This helps to make sure that they can offer traders truly transparent pricing, the prices of all Vantage Indices are based on the underlying price of the index’s corresponding stock market. Leverage the volatility of the largest stock market indexes in the world such as the SP500, DAX, FTSE and DJ30. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.

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