With Raw ECN Account, you pay commission fees whenever you enter or exit trade positions starting from £1 per side lot and can be up to £6 per round turn of trade. Spreads start from 0.0 pips, and you also pay swap fees for keeping a position open overnight. https://traderoom.info/ Vantage FX is a well- known company from Australia, which also serves transnational guests, but is Vantage FX a good forex broker or not? – In this review, you can read about my particular gests with the leveraged derivations online broker.

Vantage FX Swap-Free Accounts incur no swaps or interest charges on overnight positions. Instead, the account holder is charged an administration fee on overnight positions which is deducted from the balance of the account. Its Standard Account has a minimum deposit of 200 GBP, making it accessible to beginner traders. Overall, Vantage FX offers a good pricing environment and caters to traders of all experience levels.

Vantage Fx Review

Thanks to the carefully planned trading servers, Vantage FX clients can appreciate stable and super-fast trading conditions unlike those from competitors. The decision of where to place the servers was not taken lightly. Vantage FX dedicated resources and time into researching the location to maximize the advantage of the trading servers for clients. That led to the decision to have the servers in both London and New York.

• In total, you will find around 300 tradable assets at Vantage FX.
• Make sure you have read all the market related and legal documents before venturing into any kind of investment or trading activities on Vantage FX or any other brokers.
• Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers.
• In addition, only the basic orders are available, including Market, Limit, Stop, and Trailing Stop.

Additionally, Vantage FX prides itself on using top-tier liquidity providers so clients have access to deep institutional liquidity pools. Additionally, Vantage FX believes that trust must be earned, something the company feels helps differentiate it from competitors. To earn that trust, Vantage FX always actively promotes integrity and ethical practices and offers the best possible services. Vantage FX makes transparency a priority, particularly given that the forex industry is frequently cloudy. Because of this, the company goes above and beyond to ensure it is fully available to meet the needs of clients and continue delivering reliable and exceptional services. Vantage FX caters to Australian retail traders under the Vantage FX brand (as an authorized representative of Vantage Global Prime) and to the rest of the world via its Cayman Islands entity.

Vantage FX UK Customer Service

There are some useful help and advice about how to set stop-loss orders on the website. This means you can place your stop loss and let the trade run its course. Though this is helpful, you should not rely on the work done by others only. You should read the news and try to analyze the charts independently too. The likelihood of execution and settlement has precedence over price and speed for illiquid CFDs.

Therefore, requests received after 5 p.m are processed on the following business days. The following withdrawal options are available to Vantage FX clients – Wire transfer (bank transfer) and Credit card. Customers can choose any withdrawal method from the available options. The broker also imposes a limitation to the first-time funding via card (debit or credit) and is restricted up to a maximum of AUD 1000 or its equivalent. The AutoTrade tool also does not need any software downloads, it can be easily accessed via any web browsers available to traders. The Vantage FX offers a user-friendly platform to users that can be used by anyone having a robust internet connection.

FAQs – The most asked questions about the broker Vantage Markets:

In the award-winning MetaTrader 4 and MetaTrader 5 platform, Vantage has been able to provide service as more than just a Forex broker. Thus, we always put our readers’ safety as a priority in our business line. We will never just satisfy ourselves with a broker’s public information.

The company has also launched a trader compensation scheme that comprises an indemnity insurance scheme to users which allows the users’ funds to be held in separate accounts. However, the investor protection scheme is only available to residents of the UK, which protects retail investor accounts lose money when trading CFDs. MT4 is the most prominent online trading platform that specialises in forex trading worldwide. You’re able to connect it with your Vantage FX account to gain more confidence when forex trading.

From our experience, there are no disadvantages except the language barrier in English using the support. Vantage Markets is a reputable and trustworthy broker with an extensive and favorable trade offer for international traders. The platform provides 30 indicators and 24 technical analyis tools on 9 time frames. It offers one-click trading and works on more than 5 different types of internet browsers.

Furthermore, Vantage FX segregates all client funds in a trust account that the National Australia Bank holds. This allows for further protection for the funds as the National Australia Bank is AA rated and among the four largest financial institutions in the country. It also consistently ranks among the top 20 safest banks in the world.

They also have a wide range of US companies that are highly liquid and well-known, like Apple, Google and Coca-cola. We thought it was important to include the rules and regulation information in our review of Vantage FX to give you peace of mind. So, if you’ve looked at our review of HYCM  and you’re new to the platform and wondering, is Vantage FX safe, we hope this can help you come to your own conclusion. The broker has in place regulation from several well-respected regulatory bodies around the world.

Lastly, queries raised through email get answered within a maximum of 24 hours. The customer support team is available from Monday to Friday, between 9 a.m and 5 p.m. The platform is under regulation in 3 jurisdictions, including CIMA and SIBL, and offers access to over 300 currencies, commodities, Share CFDs, Indices, and much more.

All withdrawal applications are processed Monday – Friday, 9 am to 7 pm (AEST), within a single business day. To allow a final verdict, the support and service for traders must also vantage fx review be tested. I would also like you to close positions internally by phone or chat in emergency situations. Vantage Markets offers comprehensive support via phone, chat, or email.

You can also view as many as 9 timeframes with up to 3 chart types. The Active Trader Program provides new and existing clients with a cash rebate when they meet the minimum deposit requirement. There is also support for MAM/PAMM, MyFXBook AutoTrade, and ZuluTrade. Zulu Trade offers social trading and MyFXBook AutoTrade offers automated trading. Moreover, there are no inactivity fees or any internal deposit or withdrawal fees charged on the platform.

Whether you are looking for FX trading that is suitable for a beginner or you have more experience and are looking to invest more, Vantage FX makes an excellent all-around choice. With strict regulation from ASIC and a good reputation with good reviews across the board, there is no reason for Vantage FX not to be on your shortlist. Vantage FX is a regulated broker offering trading services for spreads betting and CFDs (contract for differences) on (forex) foreign exchange, indices, metals, energies, commodities, and shares. Vantage FX is a regulated spread betting and CFD trading broker. You can trade forex, commodities, indices and shares on the platform.

• However, to access the Pro Trader Tools powered by Trading Central, a deposit of 1,000 USD is required.
• They also offer Islamic Accounts for Muslim traders and demo accounts for beginners who want to first get familiar with the platform before they start live trading.
• Vantage FX carefully tested each fiber optic line that connects the servers to ensure minimization of latency.
• This is possible thanks to the number of liquidity providers that Vantage FX works with as well as the fact that feeds come from up to 70 institutions.

It will ask to submit an Identity verification document- NID or passport and address verification documents such as bank statements and utility bills. Furthermore, Vantage has a live chat option where traders can ask any trading and company-related questions. This location works as a primary liquidity provider because you will be able to get faster trade execution than the other brokers MT5. If you’re looking for a comprehensive review of the Vantage Markets trading platform, you’ve come to the right place. In this article, we will take a look at all of the features that this platform has to offer, as well as its pros and cons.

Therefore, we use direct interaction with the broker, public opinion analysis, live and demo account testing, and even the accuracy of the price chart. Vantage FX offers a slightly limited range of financial instruments compared to other similar brokers. Vantage FX’s mobile trading apps are excellent compared to other brokers. Vantage FX’s non-trading fees are lower than other similar brokers. Vantage FX’s trading fees are higher than average on its entry-level account but lower than average on its two ECN accounts.

Find out about the conditions for dealers and find out if it’s really worthwhile to invest your plutocrat there. After entering your particular data, the dispatch address must be verified. In addition, the broker asks before the first deposit you to corroborate the account with applicable documents.

However, a 20 GBP fee is charged for withdrawals via bank wire transfer. With a choice of trading platforms and a good range of share CFDs from global listed companies, there’s some good potential for all types of CFD traders at Vantage FX. In this section of our Vantage FX review, we’ll be taking a close-up look at the trading platforms on offer. According to the findings of our Vantage FX review, signing up for a trading account is quick and easy, and requires a minimum deposit of $200, or £200 if you’re accessing the UK entity.