Vantage Review Pros, Cons and Ratings
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. 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 different account types for traders
This regulation across multiple jurisdictions give me the confidence that they are a broker who I can trust with my funds. Therefore, I can trade without worrying if they will keep my funds safe and secure. I would always prefer to use a regulated broker although I am aware that unregulated brokers can sometimes offer certain products and services that a regulated broker cannot.
- This includes a ‘refer a friend’ scheme, an active trade programme, a 50% deposit bonus, and a rebate scheme.
- The broker charges a commission of $3.0 per lot per side ($6 round trip) on the Raw ECN account and $2.0 per lot side ($4 round trip) on the Pro ECN account.
- Together with 100s of other investors we lost millions through bad trades on a PAMM ACCOUNT.
- The company has offices in more than 13 countries, including UK, Germany, France, and Chile.
How To Open A Vantage Account
Those choosing to make bank transfers need to allow up to three to five business days for the funds to hit their account. One of the standout features of an account set up with Vantage is the wide choice of base currency options available. In line with standard market practice, new clients are required to provide information about themselves so the broker can build a profile of its users. In addition to the above detailed account types, the broker offers Islamic account versions too, as well as a Demo account for those looking to put the platform(s) to a risk-free test.
What are the pros and cons of Vantage Markets?
$ 20 million of coverage is provided by SJ Catlin and Lloyds of London. The MyFxBook AutoTrade feature further enhances social trading opportunities. This allows users to copy trades of more successful and profitable traders. The competitive pricing in the ECN accounts, additional tools and the rebate scheme also make Vantage a good option for more experienced, high-volume traders.
Social trading is offered via service providers like Duplitrade, ZuluTrade and Myfxbook. January 2024 they introduced the new social trading from Pelican called Vantage Plus. 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. Vantage Markets (or Vantage) is an award-winning multi-asset broker offering clients access to trade CFDs on Forex, Commodities, Indices, Shares, ETFs, and Bonds. With over 13 years of market experience and regulated in multiple jurisdictions, Vantage provides a trusted trading ecosystem that empowers clients to seize trading opportunities. 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.
Vantage offer MT4 web trader which allows you to run the platform in most popular web browsers without needing to download or install any additional software. This is good for accessing the platform on any device, even if it is not your own. The web trader keeps the same intuitive interface and majority of functions as the desktop platform. Vantage offer trading services to clients https://limefx.vip/ 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. Liquidity providers contributing to the deep institutional liquidity pool include some of the world’s largest institutions such as J.P.
I always would prefer to use my own strategy and depend on nobody but myself. I like to know how and why each trade is taken, rather than follow another trader and hope for the best. Vantage offer professional money managers fully customisable multi account manager solutions via a MAM console in partnership with MetaFX.
As a result, all money withdrawn from your account must go to a bank account in the same name as your Vantage FX trading account. This is unlike most financial firms that would charge a certain sum on trading accounts after a prolonged period of inactivity. Vantage FX offers swap-free trading on both the Standard STP and Raw ECN accounts. Both Swap-Free Standard STP and Swap-Free RAW ECN accounts are designed for traders who are unable to receive or pay swaps due to religious beliefs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. For sending notifications and alerts to clients for specific activities and may also perform some automated actions. This lets you edit the market watch window in MT4 so that you can customise it to your preferences. You can change symbol names, create groups, view graphic limefx broker reviews market overviews for each symbol and trade directly from the market manager. In addition to all of the above, regional phone numbers are listed in the “Contact Us” section of the site for China, Canada and international customers. One feature we found particularly beneficial was the monitor in the sidebar, which kept track of our progress and gave a suggested amount of time until completion.
As a Tier 1 regulatory authority, ASIC also mandates that all client funds are kept fully segregated from the broker’s corporate accounts in client trust accounts at top-rated banks. This way, the risk of fraudulent behavior by the brokerage is kept at a minimum. Trading Forex, CFD, Options, and other financial instruments carry a high risk of loss and are not suitable for all investors. 77-85% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. For secure online trading, broker regulation is required by most traders.
I like it when a broker gives us the choice as we all have our own strategies. The main differences between the accounts are the minimum deposits, spreads and commissions. Either way, the accounts are similar to what you will find from most brokers.
The administrative side is handled in house so users can fully focus on the trade management aspect. There are a number of professional traders who use the platform which has been thoroughly tested to ensure its stability and flexibility. You can open trades with pip-perfect precision with multiple order types and view important data including the pip and trade value in dollar values.