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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. I tested the broker’s processing times using both a Visa card and Neteller and found that my funds were available immediately. 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.
In total, Vantage offers 24 different CFDs across a range of different financial instruments and assets. It only took a few minutes to download and sign in and then you can chat with other traders and mirror strategies in a few clicks. 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. As for accessibility, I’m pleased to see that Vantage offers both the web and desktop versions of the platforms. It’s easy to access all options from the client dashboard under the ‘Downloads’ tab.
- 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.
- Be empowered to trade on market opportunities when you trade smarter @vantage.
- With a large number of professional Forex traders choosing MT4 as their charting platform of choice, MT4 makes it possible for traders to follow their every order in real time!
- We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
MT4 & MT5 WebTrader Platforms
Vantage gives users instant access to deep liquidity on the live currency markets across over 40 currency pairs. While quite limited when it comes to the more exotic currency pairs, all of the major currency pairs that you could hope to trade are covered. Generally speaking, the spreads on offer are very competitive and trades are executed incredibly quickly. Vantage is a no-dealing desk trader and offers STP and ECN forex trading accounts. One of the areas where Vantage really excels is in the various trading platforms it makes available to you.
Non-Trading Fees
You accept full responsibilities for your actions, trades, profit or loss, and agree to hold The Forex Geek and any authorized distributors of this information harmless in any and all ways. A Forex Economic Calendar is a useful tool for Forex traders to track important, potentially market-moving events. Many Forex traders use the economic calendar as a release schedule to assist them in anticipating when major movements will happen in the market. You can get daily market updates from the brokers website with charts and technical/fundamental analysis to help inspire trade ideas.
Perfect for both new and experienced traders who want to access the markets while on the go, the convenient MT4 and MT5 apps by MetaQuotes are fast, reliable and compatible with both Android and iOS devices. The MT4 platform offers Forex traders the most powerful charting platform on the market. Widely accepted as the industry benchmark in retail Forex trading platforms, MT4 is by far the most popular platform for charting out there today.
Popular Forex Broker Reviews
Looking at the negatives, the user experience of the client dashboard isn’t as seamless as other brokers in my view. However, this is standard practice and Islamic accounts avoid this charge, though an admin fee is levied instead. Thankfully, Vantage gets an easy seal of approval and a very high trust score from me. Start trading by going to the trading panel and connecting your Vantage account to TradingView. While the broker’s research and educational offerings continue to expand, Vantage has a ways to go if it wants to compete with the best brokers in those categories.
With the addition of copy trading, the platform is ideal for traders of different financial literacy, ranging from beginners to intermediate and advanced traders. Choose the professional traders you wish to follow and diversify your Forex trading risk around multiple strategies. Based on the performance of the traders you follow; your trading account will be an exact mirror of the performance of some of the brightest and most talented Forex traders within the social trading industry. I recommend the Raw ECN or Pro ECN accounts, as these offer ultra-tight spreads. The availability of the MetaTrader platforms and VPS also means that active day traders using automated systems are catered for. Looking at the downsides for day trading, execution speeds at Vantage aren’t the fastest.
All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Vantage distinguishes itself from other MetaTrader-only brokers by offering a diverse range of additional add-ons and by supporting the integration of compatible third-party platforms and tools, such as TradingView.
This is due to the location of the primary liquidity providers and means that all clients can experience the fastest trade executions possible when they trade on MT5 through Vantage. 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. Experienced traders will also appreciate the free forex VPS, as well as various advanced plugins for the MetaTrader and ProTrader platforms. 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. 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.
The multi-regulated broker limefx reviews also protects client funds through the use of segregated accounts. Overall, Vantage offers an award-winning trading ecosystem designed to maximize investor results with the tools needed to spot unfolding market opportunities and the rapid execution required to capitalize on them. To provide each trader type with an account that matches their needs, Vantage offers a varied pricing and fee schedule depending on user priorities. The straight-through processing order execution (STP) account and Swap-Free Trading Account/s incur no commissions with spreads that start at as low as 1.4 pips. There is a small administration fee assessed on each trade for Swap-Free Trading account holders.
No one getting back on chat or email…
With a Vantage MT4 or MT5 trading account, you are able to take long term position trades in physical gold and silver, taking advantage of being able to trade in both long and short directions. Trading and long-term investment go hand in hand as you are able to hedge your physical positions whenever you see the market turning. Vantage have a great selection of financial instruments which you can trade online across various global markets and asset classes including Forex, Stock Indices, Commodities, Metals, Energies and Share CFDs. Vantage currently offers CFD trading across forex pairs, indices, commodities, metals, energies and US/UK/HK/EU/AU shares.
These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your limefx website financial situation and determine whether you can afford the potential risk of losing your money. No, Vantage is an ECN/STP broker, which means it sources quotes from several external liquidity providers with no dealing desk intervention. The broker is available 24/7, which is a notable advantage compared to the 24/5 support offered by many competitors.
