Vantage Review Forex Best Vantage Review: Forex Broker Key Findings for 2023

Interestingly, when you trade with the mobile versions of the MT4 and MT5 trading platforms, there is nothing to lose since the mobile app offers the same features and functionalities as the desktop platforms. The https://limefx.name/ app requires Android 5.0 or later, while the iOS app requires iOS 9.0 or later. Vantage FX provides traders with the MT4 trading platform, an advanced trading platform that was introduced in 2005 by MetaQuotes.

• The range of available markets at Vantage will depend on which entity regulates your account.
• 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.
• Vantage FX offers a range of trading platforms available on your desktop or a mobile device.
• With the tagline “Be empowered to trade on market opportunities when you trade smarter @vantage,” the company emphasizes the importance of trading intelligence.
• 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.

However, international customers will be trading with their Vanuatu or Cayman Islands branch. 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. Clients’ funds are held in fully segregated accounts with the National Westminster Bank (NatWest).

Forex Swap rates are affected by market conditions and the interest rate of the affiliated countries of the chosen Forex currency pair. From the above, we can see a mark-up spread of 0.8 pips to the average spread on Vantage FX’s Standard Account to cover the costs of trading the EUR/USD pair. Vantage Group of companies is authorized and regulated in various jurisdictions. Note that Vantage FX does not offer its services to residents of specific areas such as North Korea, Japan, the United States, and other regions. Venture into the world of trading with refined precision, amplified knowledge, and unrivaled experience.

The welcome bonus provides a bonus of 50% on deposits of up to $500 for users signing up to the Vantage account. Vantage clearly takes customer satisfaction and loyalty very seriously, as these bonus schemes are among the best we have come across. In particular, it’s great to see Vantage offering promotions limefx official site and bonuses for both new and experienced users of the platform. Vantage FX offers ECN spreads for the Raw ECN and Pro ECN account types, but the Standard STP account has marked-up spreads. The commission fees are competitive, and there are no additional fees on top of overnight financing charges.

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The Raw ECN account and the Pro ECN account provide trades at $3 and $2 per trade (each way), respectively. While not the lowest commissions we have seen, these are nevertheless very competitive and are just below industry averages. What we did appreciate was how transparent and open Vantage is about the fee structure, with this information being very easy to find through the website. With Vantage FX, you will enjoy the benefit of super-fast trade execution and interbank grade RAW ECN spreads with no dealing desk intervention. The broker offers institutional trading conditions to retail traders, operating a true ECN/STP model of execution that offers transparency and helps to build trust.

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. While this account type does not incur any swaps or interest charges on overnight positions, the account holder is charged an administration fee on trading positions. Delve into DupliTrade and commence your journey by synchronizing your strategies with those of experienced traders.

• The broker aims to provide retail and professional clients with unrivaled trading conditions.
• They understand that customers want to maximise their profits as much as possible in this highly liquid forex market.
• Similarly, ZuluTrade integrates into your Vantage trading account and gives you instant access to a network of over 10,000 professional day traders.
• Lastly, Vantage has a compensation scheme, which assures its clients that it offers protection for their funds in the unlikely event of the broker’s insolvency.
• 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.

Each year, we collect thousands of data points and publish tens of thousands of words of research. Forex markets are always traded as currency pairs where a forex trader will always buy or sell one currency in terms of another. An example of one such trade would be a EUR/USD buy trade, meaning buying EUR and selling USD. These features make Vantage an attractive choice for traders looking for a reliable and feature-rich forex broker.

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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. 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. In this broker review, we will pay attention to the critical aspects of Vantage FX, which you may consider before deciding whether to trade with this online brokerage. AutoTrade is a renowned online FX trade replication platform, hosting over 90,000 FOREX enthusiasts.

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By connecting a Vantage account with AutoTrade, you gain the ability to auto copy and actively trade, supplemented with access to meticulous analysis and insightful statistics. Vantage transcends the role of a broker, envisioning a broader mission beyond trading. We recognize the profound social and economic impact of business operations and aspire to bring about positive change.

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The Vantage App, available on both the App Store and Google Play, facilitates trading on the go. Three account types are offered with the minimum deposit for a Standard trading account being $200. Their Raw ECN account require a $500 minimum deposit, and they have 0.0 spreads.

If you decide to open a standard STP account, the minimum deposit required is £200. The raw ECN requires at least £500, and the pro ECN will need a minimum amount of £20,000. In this review of Vantage FX, we found that their deposit amounts allow the site to have better risk management features and research tools for new and experienced traders. Other brokers that don’t charge a minimum deposit or are considerably lower usually attract new customers to compete with the competition.

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However, it’s always recommended to conduct thorough research and consider personal trading requirements before choosing a broker. Overall, in this Vantage FX review UK, we think trading share CFDs is an excellent idea for new and skilled traders. You can choose from a wide range of popular companies that have high liquidity and volatility, so there are more chances of you generating returns.

We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. When you learn and master a consistently profitable forex trading strategy, the potential is limitless. As money management and discipline in executing your trading strategy is key, Vantage has structured our website to contain a plethora of content under both the News and Education menu tabs. Go through them at your own leisure and see what the world of forex trading can offer you. Vantage maintains stringent anti-money laundering procedures, and as such, clients are required to verify their identity before making their first withdrawal.