I feel the Vantage Rewards scheme will be most valuable for active traders, though I strongly urge traders to approach any financial incentives with caution. I tested the broker’s processing times using both a Visa card and Neteller and found that my funds were available immediately. 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. Vantage currently offers CFD trading across forex pairs, indices, commodities, metals, energies and US/UK/HK/EU/AU shares.
- 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.
- For traders who prefer to employ algorithmic trading strategies, the availability of VPS services ensures that investors can gain access to lightning fast trade execution with minimal latency.
- I also like that clicking on each chart opens it up in full-screen landscape mode, so you can pinch and zoom for a greater level of detail.
- Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares.
- Forex markets are always traded as currency pairs where a forex trader will always buy or sell one currency in terms of another.
- With the addition of copy trading, the platform is ideal for traders of different financial literacy, ranging from beginners to intermediate and advanced traders.
Accounts can be opened in a great range of currencies including AUD, USD, EUR, GBP, SGD, JPY, NZD, CAD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. Swap free Islamic accounts that comply with Sharia limefx scam law are available upon request. It is great that they cater to Muslim traders who cannot pay interest due to religious beliefs. In addition to this, there are two consistent oscillators (one slow, one fast) that are also harvested from the analysis to help support trading decisions.
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Clients’ funds are held in fully segregated accounts with the National Westminster Bank (NatWest). Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. Vantage offer cryptocurrency trading on some of the most popular cryptos such as Bitcoin and Ethereum.
Thankfully, Vantage gets an easy seal of approval and a very high trust score from me. Choosing a broker that is licensed by a trustworthy regulator should be a top priority. Strong https://limefx.vip/ regulatory oversight helps protect you from scams and gives you access to robust safeguards like negative balance protection and jurisdictional restrictions on leverage.
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I was pleased to find no deposit or withdrawal charges, keeping costs down. I want to stress that while high leverage can boost potential profits, it can also cause significant losses. I strongly recommend employing risk management tools such as stop-loss orders. For example, traders can earn V-points in the Vantage Rewards scheme which can be redeemed for cash, deposit rebate vouchers, lucky draws, profit boosters and more. When I used Vantage, I found that clients registering with the offshore entity can access several bonus deals and promotional offers.
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NAB are amongst the 4 largest financial institutions in Australia and have a huge market capitalisation with millions of customers, constantly ranking in the top list of the safest banks in the world. Beyond the in-platform functionality and education, the broker also provides dispute resolution services to its clients. Users are allowed to submit trade inquiries via the website in case of any dispute.
Regulation and Deposit Protection
In addition to the MetaTrader 4 and MetaTrader 5 platforms, which have basically become industry standard by now, Vantage also gives you access to a proprietary Vantage App and a WebTrader app. Additionally, social trading features are available through ZuluTrade and Myfxbook, which can be integrated with your Vantage account. 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. Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5.
Read our full explanation and accounting of our research and testing process to learn more about how we test. By the Financial Conduct Authority (FCA) under Vantage Global Prime LLP, for institutional clients. 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. If you have traded with Vantage we would really like to know about your experience – please submit your own review. This average customer rating is based on 3 Vantage customer reviews submitted by our visitors.
Vantage is recommended for traders who want to keep up-to-date about unfolding market developments and leverage these opportunities by making rapid investment decisions. Its PRO Tools provide the latest news, trading signals, and analyst views for 35,000 securities, delivering significant value for traders who prefer wide access to information. With the addition of copy trading, the platform is ideal for traders of different financial literacy, ranging from beginners to intermediate and advanced traders. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.
You can connect a Vantage account with AutoTrade to auto copy and trade with access to in-depth analysis and statistics. You’ll have the ability to manage and customise each copied FX trade and learn from in-depth portfolio statistics. The Vantage Group consists of a number of companies who are authorised and regulated in various jurisdictions. Telephone calls and online chat conversations may be recorded and monitored. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
Overall, Vantage is a multi-regulated CFD broker with a great choice of industry leading platforms and very powerful trading tools. There is everything you would need to conduct professional market analysis. You can copy other traders, develop your own strategies and run automated systems. I like that they have a reasonable selection of trading instruments across multi-asset classes but think they could perhaps add some more. That being said, you will find most of popular assets available to trade with accounts that have low spreads and no commission fees.
