Vantage: A Regulated Forex Trading Brokers Review 2024

During my testing, I was pleased to see a strong range of 12 chart types and 8 time frames, plus 100+ technical indicators and over 50 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. Based on my tests during normal trading hours, the Standard Account offers an indicative spread of 1.4 pips on the EUR/USD, which is reasonable though not the lowest. With that said, the commission-free trading model will serve new traders looking for straightforward pricing. Considering the negatives, though, it is a shame that the broker’s global entity, Vantage Global Limited, is regulated offshore by the Vanuatu Financial Services Commission (VFSC). The VFSC is not a highly respected authority and does not offer the same degree of protection for retail traders in my view.

1. In recent times, the broker has also included a popular feature – Copy Trading to their range of offerings, allowing beginner traders to follow signal providers who are already experts in the markets.
2. Vantage has professional indemnity insurance cover in place to cover the work done by their representatives, employees and other authorised representatives.
3. Short, medium and long-term trading strategies are catered for, as well as algo traders through Expert Advisors (EAs).
4. 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).

You will see that there is a good variety of convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit https://limefx.vip/ card and online payment systems such as Neteller and Skrill. Vantage offer 24/5 award winning global support via online chat, email and telephone.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. This takes the shape of video and articles designed to educate clients on market basics along with guides on using the value-added tools that accompany accounts. 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. My tests have shown that trading fees at Vantage are fairly competitive but not the lowest I have seen.

Forex trading from 0.0 pips

There are over 50 technical indicators that can be added to your charts for technical analysis, including moving averages, MACD, Bolling Bands, RSI, CCI, Stochastics, Parabolic SAR and more. It saves me having to load all of the indicators each time I want to check a chart. There are multiple order types and alert notifications can be set via pop up, SMS and email. This is handy if you cannot always be watching the charts for trade setups all the time. Vantage has professional indemnity insurance cover in place to cover the work done by their representatives, employees and other authorised representatives. I appreciate how they take regulation very seriously and aim to provide a transparent and safe trading environment to all clients whatever their experience level or investment size.

Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. All funds deposited into your trading account must be under the same name as your Vantage trading account. scammed by limefx Withdrawal requests are processed within the same day or next if outside working hours. Bank transfers may take a few business days to clear whilst some methods can be instant. Vantage let you trade a range of assets and financial markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals and Energies.

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. The PRO ECN is aimed at professional traders and money managers who need to trade high volumes. The minimum deposit required is $20,000 with variable spreads starting from 0 pips and commission from $2.

Vantage offer trading services to clients from most countries excluding residents of certain jurisdictions such as the United States, North Korea and some other regions. You can use our broker comparison tool to find another suitable option if they do not serve your country. Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares.

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. I have been particularly impressed with the comprehensive range of third-party social trading platforms, including Myfxbook and ZuluTrade. Importantly, I was very pleased to see that there is no time limit on the demo mode, which is good compared to most online brokers who automatically close paper trading accounts after 30 or 60 days. This ultimately means aspiring investors will always have access to a risk-free environment to test trading systems. Vantage remains an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms.

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If you have experience trading with Vantage please share your personal review of the broker and what you think are strong and weak points. Nonetheless, the client area does include the TradingView-powered sentiment indicators which are very useful. These visually display the overall sentiment ratio of long and short positions at Vantage. After rigorously exploring Vantage’s platform, I found the research tools to be fairly comprehensive. I especially like that you can join discussions within a community feed which allows users to learn how to trade in a hands-on yet engaging environment. 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.

Clients can use the tool to find out what drives the global markets with access to all the latest news coverage, media content, and price events across all markets. The AI buzz meter shows the volume of social media chatter and news about your favourite assets so you don’t miss a thing. You can view the ratio of professional financial media versus social media mentions so you can filter the noise accordingly. Whilst MT4 remains the most popular trading platform, its successor MT5 has some additional features whilst maintaining the overall intuitive feel and features of its predecessor. Vantage have their MT5 Equinix server NY4 located in New York within close proximity to their primary liquidity providers to help improve execution speeds on your trades.

Regulation and Deposit Protection

I think Vantage could improve its education by introducing more interactive learning materials such as courses with quizzes or progress trackers. Ultimately, I think the app will work well for beginners or anyone looking to stay up to date with market events whilst on the go. After signing in to the ProTrader platform, the sleek interface is instantly recognizable for me as the platform is powered by the market-leading TradingView. For example, it would have been more convenient if I had direct access to the web platform after logging in, rather than having to navigate through several pages first. The best part for me is that both MT4 and MT5 follow the same design, which means there is virtually no learning curve for those who switch from one platform to the other.

Other trading platforms

Since both platforms are strikingly similar, I found it useful to compare them side by side in the categories below. Vantage offers a strong suite of trading instruments, with 1000+ CFDs spanning forex, stocks, commodities, indices, bonds and ETFs. I have no complaints about the wide range of funding methods at Vantage, with plenty of accessible options for global clients. I can deposit using bank wire transfers, credit/debit cards and e-wallets such as Skrill, Neteller and AstroPay. As you can see from my comparison table below, Vantage stands up well against top competitors when it comes to available payment methods. 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.

One of the things I like about the web platform is that it is always up to date so I know I am using the latest version at all times. I think that you can’t go wrong with any of these platforms if you are just looking to study the charts, place and manage positions. However, if you have more complex trading strategies and want to explore a plethora of built-in trading tools, then you will probably edge more towards the MT5 platform as it has the most functionality.

For those who are looking to learn as they go, Vantage offers a dedicated Academy packed with market analysis articles, trading guides, platform tutorials and webinars. I’m confident that both beginners and experienced traders will be catered to when it comes to charting and analysis tools. The $1.50 commission per side per lot in the Pro ECN account is particularly competitive, though note that this comes with a $10,000 minimum deposit and is therefore best for active, high-volume traders. The Raw account and Pro ECN offer attractive pricing, especially for experienced investors looking for ultra-tight spreads with low commissions from $3 per side. My assessment found that fees at Vantage are competitive, especially in the higher account tiers. The best part is that you only need $50 to access raw spreads in the ECN account, but there are commissions to be aware of.