As with many other mobile apps I’ve tested, you cannot run any detailed technical analysis in the Vantage app since it doesn’t offer any indicators or drawing tools. This isn’t really a major drawback for me as https://lunarcapital.team/ I prefer the wide-screen functionality that you get on the desktop and web platforms. I was able to access convenient account management features, as well as trade monitoring. The only downside is that you don’t get access to a library of additional indicators or trading robots. With this in mind, I think ProTrader terminal is a better choice for intermediate traders or those who aren’t interested in exploring automated trading features.

Vantage offers a strong suite of trading instruments, with 1000+ CFDs spanning forex, stocks, commodities, indices, bonds and ETFs. Traders can access a free demo account at Vantage which gives you $100,000 in virtual funds to practice with. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. 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. Companies on Trustpilot can’t offer incentives or pay to hide any reviews.

Leverage

Advanced tools like MetaTrader 4 and 5, TradingView, and proprietary platforms cater to professional traders, while copy trading and educational resources support beginners. Negative balance protection and segregated accounts ensure enhanced security. Vantage Markets offers unique features that elevate the trading experience. One highlight is the PRO Trader Tools, accessible to clients with accounts funded with a minimum of USD $200. Additionally, Vantage provides segregated accounts for enhanced fund security and supports social trading platforms like MyFXBook (AutoTrade), allowing users to mirror expert strategies.

  • Customers get up to 13% cash back per annum, subject to certain T&Cs, letting their idle funds grow as they trade.
  • I was also able to execute time limits on my orders, including good ‘til canceled (GTC), good ‘til end of day (GTD) and good ‘til time (GTT).
  • It is also worth mentioning Vantage Markets has some of the lowest fees on the market, and if this is an essential aspect for you, then this broker is one of the best options worldwide.
  • We mark firms down when they impose a 30-day limit or similar on paper trading accounts.

The different account types for traders

Vantage Markets prioritizes trust and security through robust regulatory oversight and client fund protection. Regulated by respected authorities such as ASIC, FCA, FSCA, and VFSC, it adheres to stringent compliance standards. To prevent fraud, the broker integrates top-tier platforms like MetaTrader 4 and 5 alongside proprietary tools, ensuring secure and efficient trading. Additionally, the availability of social trading platforms such as MyFXBook (AutoTrade), and DupliTrade empowers traders to mirror proven strategies safely. Vantage FX offers access to the most liquid global FX markets, allowing traders to trade over 40 forex pairs. The broker provides traders with institutional-level trading through its deep FX liquidity pools with inter-bank market access.

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. 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. Looking at the negatives, the user experience of the client dashboard isn’t as seamless as other brokers in my view. I want to stress that while leverage can boost potential profits, it can also cause significant losses. I strongly recommend employing risk management tools such as stop-loss orders. As you can see from my comparison of suitable alternatives below, Vantage rivals popular brokers when it comes to the breadth of markets.

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  • Thankfully, Vantage gets an easy seal of approval and a very high trust score from me.
  • This brings a whole new level of convenience to the entire trading process as traders can access their trading accounts and place trades on the go, as long as they are connected to the internet.
  • Beginners can start with the Standard STP Account, which offers direct market access without commissions, making it an excellent choice for learning and exploring the platform.

Vantage FX incorporates the latest innovative technologies to make trading faster and easier for their clients. They partner with Equinix, enabling them to provide a diverse network of servers linked by fiber optics. Every fiber optic line that connects their https://lunarcapital.vip/ services is carefully selected and tested to ensure minimal latency (with up to 100 gb/s bandwidth). Servers are located worldwide in major financial hubs, including New York and London, giving ECN market liquidity to client platforms for fast execution speeds. Vantage FX allows traders to trade the world’s most liquid Stock Exchange indices — S&P 500, DAX, FTSE, DJ30, and more — through the MT4 and MT5 trading platforms.

Thanks to the broker’s oneZero™ MT4 Bridge, traders can enjoy the fastest execution speed. The prices of all Vantage FX Indices are based on the underlying price of the index’s corresponding stock market. Yes, Vantage offers a decent mobile app which offers access to account management features and trading tools whilst on the move. The application allows you to place trades, follow market news and create watchlists, but I learned that it isn’t the best for serious charting and technical analysis. 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.

Trade Execution

Vantage FX provides traders with the MT4 trading platform, an advanced trading platform that was introduced in 2005 by MetaQuotes. It is the most popular trading platform among forex and CFD traders due to the abundance of essential trading tools that ensure an enhanced trading experience. The platform becomes more useful when connected to the broker’s deep FX liquidity pools via the custom-made oneZero™ MT4 Bridge. MT4 is available as a desktop application for Windows and Mac computers, WebTrader, and a mobile app for Android and iOS devices.

Before then, a queue counter lets you know roughly how long to expect to wait, and we did not experience waiting times of more than a few minutes in any of our tests. Our experts rate this package from Vantage as it allows retail traders access to an upgraded version of the MetaTrader platforms. The benefits include an alarm manager, a correlation matrix, and an Excel RTD link. This uses an external server to manage trading connectivity meaning your account is running without the downtime caused by computer problems.

Free Trading Signal

Vantage has an average Trustpilot score of 3.3 stars from 3,862 customer reviews. Around 57% of all reviews on the platform have a 5-star rating, with 26% of all reviewers giving the broker a 1-star score. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. Due to the abovementioned regulations and licenses, the broker is a very safe trading partner.

ZuluTrade, another solution provider Vantage has teamed up with, is at the peak of its social trading experience. Vantage currently supports three types of accounts, of which the most accessible is the standard STP account, which obviously supports STP execution. We always recommend that users approach forex trading with a sensible risk management strategy. One thing that I think works very well is the gamification of this application, with benefits and commission earned from the program scaling up depending on your success.

While the account creation is swift (can be completed within 5 minutes), it may take up to 24 hours to get your trading account verified. Upon verifying your account, you will have to fund your account using any of the available payment methods before you can start trading. However, CFTC regulation is absent; therefore, Vantage FX cannot provide its services to citizens or residents of the United States. FOREX.com is authorised and regulated by the Monetary Authority of Singapore (MAS), ensuring compliance with Singapore’s financial standards. It is also worth mentioning Vantage Markets has some of the lowest fees on the market, and if this is an essential aspect for you, then this broker is one of the best options worldwide.

Inactivity Fees

Vantage FX’s financial institutional partners calculate the daily released rates using risk-management analysis. As a result, each forex currency pair has its forex swap charge, and interest is paid on currency sold and received on currency bought. From the table above, the spreads offered by Vantage FX Standard STP Account are a bit higher than those offered by the big names in the industry — IC Markets and Fusion Markets. Finally, let us compare Vantage FX Standard Account average spreads with those other major brokerages offer on the three most actively traded Forex pairs.

Founded in 2009, Vantage is a well-established broker known for its comprehensive trading services. It operates under multiple regulatory bodies, ensuring a secure trading environment for its clients. It allows traders to analyze markets and stay informed about the latest news as well as events that influence market movements. An economic calendar that offers valuable data that traders can rely on to anticipate market movements and plan trades accordingly.