The minimum deposit is a little high and instrument range quite limited but they do also have a rewarding active trader program. They provide negative balance protection, a wide range of account types and base currencies as well as allowing hedging, scalping, and algo-trading with their own VPS. Vantage impresses with the scope and variety of its educational content. It includes hundreds of written articles, comprehensive courses, frequent webinars, a detailed ebook, and more. In my estimation, Vantage’s educational offering is well-suited for traders of different levels – from beginners to advanced traders.
- Vantage have partnered with Trading Central to provide you with award winning technical analysis and daily market commentary from expert market analysis teams, covering 70 tradeable markets.
- It offers traders easy, yet powerful mobile access to hundreds of FX Pairs, Commodities, Indices, Share CFDs and more.
- Vantage requires a minimum deposit of $50 to open either a Standard STP or RAW ECN account.
- Algo traders can use Expert Advisors (EAs) to automate their systems on all available trading platforms.
Trading Conditions
You can use wire transfer, credit/debit card that is Visa or MasterCard, or UnionPay China, and eWallets in the form of Neteller and Skrill. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to Vantage. Vantage does not accept as clients residents of certain jurisdictions such as Canada, China, Romania, Singapore, the United States, and jurisdictions on the FATF and EU/UN sanctions lists. Vantage operates as an Electronic-Communication-Networks (ECN) broker without a dealing desk. Client orders are matched electronically to achieve the best possible prices. In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, and information transparency.
The regulation from ASIC is strict, thus giving the broker a fairly solid regulation status. In addition, an FCA regulation indicates that UK-based clients are covered under the Financial Services Compensation Scheme (FSCS) if the broker fails to meet its financial obligations in the United Kingdom. The Vantage Active Trader Program is available to you if you have an account balance of at least $10,000 and a Standard STP account.
From my experience, I have been let down by copying traders on ZuluTrade. 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. 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.
Forbidden trading techniques
- This is the ultra-reliable, Toyota Hilux of the forex industry, which will solidly run on desktop, Mac, Android, or iPhone.
- This can limit availability to a wide number of traders so we would suggest that if you are a high volume trader looking for the lowest spreads then Vantage is a great choice.
- Vantage’s research is sourced primarily from third-party content providers such as Trading Central, alongside its own in-house production which has grown considerably year over year.
- I have found them a dream to deal with so far and can highly recommend them for trading online.
There are sections of the website dedicated to tutorial guides and videos for using the MetaTrader platforms. These guides cover the very basics such as how to install MetaTrader to the more advanced custom indicators. The analyst views provide expert trade ideas that are an exclusive market research solution which combines senior market analyst expertise along with algorithmic pattern recognition. I think it is a great addition that every broker should offer to clients. You can customise it according to your own strategy and automatically scan thousands of instruments for possible signals.
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
All reviews
We’re quite strict on how we rate particular broking firms with regard to forex trader education, as we believe it’s an area the industry could greatly improve on. Vantage is also a member of The Financial Commission which is a body formed exclusively for solving any disputes between brokers and traders in a smooth, seamless manner. The Financial Commission while impartial, is not a government body or regulator. For traders outside of those particular countries, your account will be regulated by Vanuatu’s VFSC (Vanuatu Financial Services Commission).
Cryptos
This can be useful for those who wish to run an automated trading system around the clock or who need a more reliable connection to the trading server if their internet connection is lagging. The trade terminal is a one click trade manager with a range of built in functions for quick trading. Traders can quickly open multiple order types, close individual or all orders, create templates for frequently used functions, quickly modify orders, set alarms and more. This tool allows users to put real time account data into excel for comparing, analysing and creating rules.
Islamic Accounts
He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family. Filippo specializes in the best Forex brokers for beginners and professionals to help traders find the best trading solutions for their needs. He expands his analysis to stock brokers, crypto exchanges, social and copy trading platforms, Contract For Difference (CFD) brokers, options brokers, futures brokers, and Fintech products.
BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist. Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk. It is, therefore, unsuitable for those who lack proficiency and sufficient experience. At Vantage FX, you can trade cryptocurrencies such as Bitcoin, Ethereum, Ripple, and many more. Since Vantage FX clients gain access to the crypto market through CFDs, they simply speculate on the sharp price movements of large-volume, popular, or trendy crypto coins.
Account verification
Vantage is a multi-regulated ECN online broker with flexible trading platforms and account types to suit different trader needs. They provide a vast array of additional trading tools and convenient account funding methods. The broker provides traders the Vantage FX app; it is a proprietary mobile trading platform that allows traders to buy and sell various financial assets from the convenience of their mobile handheld devices. The platform is replete with a suite of advanced trading tools, such as technical indicators, order vantage fx review management, custom watchlists, trading signals by Trading Central, alerts, news calendars, and more. It is available as a mobile app that is compatible with Android and iOS devices and can be downloaded from the respective app stores.
The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions. I assessed that Vantage’s overnight fees align with the industry benchmark. The few drawbacks include a limited selection of CFD stocks from Asian markets and inconsistent customer support. For active traders, Vantage FX also has a Vantage Club program offering cash rebates and V-Points that can be redeemed for trading benefits.
The broker also offers a choice of trading platforms, diverse tradable instruments, and top-tier market research and educational content. Drawing prices from dark pool liquidity sources, the account allows its users to take advantage of the lowest costs while capitalizing on the fastest execution speeds. I like the trading environment at Vantage for its low trading costs, high leverage, fast order execution, and upgraded MT4/MT5 trading platforms. Traders must deposit a minimum of $1,000 to unlock all features available at Vantage. Social traders have access to three third-party providers plus the embedded MT4/MT5 solution, ranking Vantage among the most competitive MT4/MT5 brokers.