Vantage FX Broker Review Forex & Stock Trading at Vantage FX

Vantage FX Broker Review Forex & Stock Trading at Vantage FX

Knowing that your money is protected by the ASIC, CIMA, and VFSC gives you peace of mind and increases your trust in your Vantage broker. Most users had no complaints regarding the deposit and withdrawal process with Vantage FX. The platform allowed for various options, although some deposits might take a few days to be reflected in your account. Moreover, some traders reported inconsistent service when it comes to customer support response. The Pro account changes a $1.50 commission and the Raw one changes a $3 commission per lot trade. Overall, Vantage FX has average forex fees and low non-trading fees compared to other platforms.

Why Trade with Vantage FX?

You’ll have another stream of income through shared profits and it will help establish your reputation in the market. Vantage FX integrates with TradingViews to provide investors access to a global community of trading enthusiasts. It provides access to in-depth market analysis and top-of-the-line charting options. However, you should check the broker’s page for allowed countries, as it doesn’t support traders from specific locations. For example, it doesn’t accept US or Canadian clients according to the US CTFC.

Deposit/Withdrawal: 4/5

This type of news feed is found on the MetaTrader platforms as well as the Vantage FX application. Given that Vantage FX has been in business since 2009, the broker has withstood a range of economic conditions, indicating that it is long-lasting and financially responsible. The broker is based on the Cayman Islands, which is a common location for forex brokers, providing additional peace of mind. You should feel confident that your funds are safe when opening an account with Vantage FX. The broker is multi-regulated, primarily by CIMA, with additional regulation by the FCA and ASIC in the relevant jurisdictions.

Deposit Fee

However, your payment provider may charge a fee, in which case you will be responsible for that fee. Moreover, withdrawals in the UK usually cost £5, although there is a free option too. Our experts have created these tables based on the fees applied to a standard account. We consider a standard account to be the one that will appeal to most traders, often not the cheapest option but not a premium option either. Soft commodities refer to commodities that are grown rather than mined.

Vantage FX information

So, it’s actually a matter of choice, depending on how risky your attitude is as an investor. With Vantage FX, you can start copy trading as low as $50, and if the seasoned investors profit, you’ll profit too. When you’re comparing various brokers, you want to focus on the benefits of using each one. ProTrader is another cool feature that provides in-depth analytical charts, market buzz,  and an economic calendar to facilitate the process of trading. As you copy-trade, you’re working according to a pre-calculated risk that another investor studied.

• Please read our legal documents and ensure you fully understand the risks before you make any trading decisions.
• You can, however, easily request a non-expiring demo account from Vantage FX via email.
• Overall, Vantage FX provides a good to above-average user experience.
• You can browse different articles, charting methods, webinars, videos, and ebooks, and check Vantage Views— the platform’s blog where you can find all the information you need.
• You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
• These provide comprehensive tools and analysis features, making them perfect for professional and advanced traders seeking high performance.
• Swap-free trading accounts are available for either Standard STP or RAW ECN accounts, allowing Islamic clients to trade in confidence.

For major forex currencies, clients enjoy spreads under 1 pip during high-liquidity periods. You have three account types to choose from— Pro, Raw, and Standard. The Standard account is suitable for novice traders who want to enter the world of trading without enduring high commissions. VPS hosting ensures your platform keeps running 24 hours a day so you set up EAs to take advantage of every opportunity that arises in the market.

Popular Forex Broker Reviews

• This means you can make deposits, check your account details, and even register with the broker whilst on the go.
• Thanks to Vantage FX you can access more than 1000 tradable assets and instruments, including forex, CFDs, indices, precious metals, soft commodities, energy, ETFs, and bonds.
• In addition to Vantage FX’s proprietary app, it also offers MT4, MT5, and ProTrader.
• Additionally, Vantage provides segregated accounts for enhanced fund security and supports social trading platforms like MyFXBook (AutoTrade), allowing users to mirror expert strategies.
• From articles, to educational webinars, videos, and courses; you name it, we’ll have it.
• Vantage also has an entity that holds regulatory status with the Cayman Islands Monetary Authority (CIMA), and by the Vanuatu Financial Services Commission (VFSC) in Vanuatu.

The fee structure varies based on account types, with Vantage FX offering accounts that appeal to beginners as well as advanced traders. CFDs and Spread Bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.8% of retail investor accounts lose money when trading CFDs and Spread Bets with this provider. You should consider whether you understand how CFDs and Spread Bets work and whether you can afford to take the high risk of losing your money. It isn’t suitable for everyone and, in the case of Professional clients, you could lose substantially more than your initial investment.

When trading soft commodities CFDs, traders will have to consider factors including weather conditions, global demand, and geopolitical events that impact their production. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street vantage fx Journal, Forbes, and the Chicago Tribune, among other media outlets. 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 offers its own proprietary trading app, alongside the standard MetaTrader suite of mobile apps.

The broker also takes various security measures, such as guaranteeing absolute transparency and maintaining segregated client funds. Our Vantage FX team was also happy to find that negative balance protection is offered free of charge. UK clients have slightly different account types and a slightly different pricing structure. For instance, spreads start as low as 0.25 pips for the Vantage Prime Pro account or 0.6 pips for the Vantage Prime account. With our expert market analysis, we help traders break down what’s happening in the markets and stay informed about the latest trends.

Standout Tools For Traders

WebTrader is the web-based version of MetaTrader 4 and MetaTrader 5. It provides you with access to all the features of those platforms, and your Vantage FX account, without requiring a download. WebTrader gives you access to 30 indicators, nine timeframes, and 24 technical analysis tools. It is compatible with more than five browsers, including Opera, Safari, Edge, Firefox, and Chrome. As you review Vantage FX broker’s policies, you will notice that the broker generally does not charge any fees for deposits or withdrawals.