Vantage Review A Legit Broker? How Is It Regulated?

VantageFX offers Standard STP, Raw ECN, and Pro ECN accounts, each tailored to different trading needs with varying spreads and commissions. The Vantage platform also has trading tools, such as the sentiment indicators which are graphics showing whether Vantage clients tend to be long or short in a particular market. Firstly, there’s MetaTrader4 (MT4), which is the industry standard work-horse software. This is the ultra-reliable, Toyota Hilux of the forex industry, which will solidly run on desktop, Mac, Android, or iPhone. MT4 has a ton of features, including use of Expert Advisor tech for custom trading analysis. For more insights, check out our list of the best MT4 Forex brokers in the UK.

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. Due to AML / CTF laws, Vantage FX cannot deposit funds to third parties. As a result, all money withdrawn from your account must go to a bank account in the same name as your Vantage FX trading account.

The Vantage mobile app also provides all-in-one support for those who plan to trade underlying assets on the move 24/5. Yes, VantageFX provides a free demo account with virtual funds, allowing traders to practice and refine their strategies without risking real money. If you’re an active trader limefx reviews or professional trader, trading more than a few times per week, you’ll almost definitely want to use the raw ECN account. If you’re located in Australia or the UK, it’s a no-brainer to take advantage of the low commissions on the raw ECN account. Vantage currently offers CFD trading across forex pairs, indices, commodities, metals, energies and US/UK/HK/EU/AU shares.

You can change symbol names, create groups, view graphic market overviews for each symbol and trade directly from the market manager. Again, there can be no saying how good or bad these signals will perform. In my opinion, it is better to learn how to trade yourself but if you do not have the time to do so, then this could be a possible solution.

Vantage FX Broker Review: Regulation

Whilst you clearly won’t get the same experience as the desktop platform, you will get an abundance of real-time data and forex market research straight from the palm of your hand. I was able to access convenient account management features, as well as trade monitoring. For an alternative trading experience, I think the ProTrader is a compelling option.

• Hence, the client’s fund remain separate from the company’s operating funds.
• MT4 has a ton of features, including use of Expert Advisor tech for custom trading analysis.
• It allows you to practice trading all available instruments, and to test your strategies.
• Compared to other brokers, some investors believe that Vantage FX has a limited product range as it only offers forex and CFD trading.
• 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.

In terms of trading fees, those with Standard STP accounts at Vantage FX will not pay a penny in commission. However, RAW ECN account and PRO ECN account holders will pay at least £1 per standard lot, per side. Even though RAW ECN and PRO ECN clients will pay some form of commission per trade, the bid-ask spread is as low as 0.0 pips, although this fluctuates depending on the volatility in the markets. If you value choice in the financial markets, Vantage FX is equally effective, with access to 1,000+ assets and instruments via desktop or mobile.

Vantage FX Customer reviews

In simple terms, this all means that you get an industry leading trading environment that is capable of handling small and large volumes without compromise. While I rate the competitive ECN accounts, I think it’s a shame that some serious traders will miss out on the best trading conditions in the Pro ECN solution. The minimum deposit is limefx courses scam pretty steep at $10,000 – more than other pro-level accounts I have reviewed. The MetaTrader 4 Platform (MT4) is the most popular online Forex trading terminal in the world.

Trading fees and other costs

Vantage FX also runs a referral program, offering $150 for each referral and an additional $100 to the new client joined with the referral link. Vantage FX allows withdrawals via bank transfer, credit/debit card, and online wallets, mostly similar to deposit methods. All our funding and withdrawal requests were completed without any issues.

Tradable Instruments

Beginners will enjoy Standard STP accounts (Vantage Prima accounts in the UK), which do not charge commissions. RAW ECN and Vantage Prime Pro accounts may be the perfect choice if you’re willing to pay a little extra for tighter spreads. Pro ECN accounts (international clients only) are also ideal if you are a professional trader with high trading volumes. This is a more advanced trading platform introduced by MetaQuotes in 2010 to take your forex trading to the next level.

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. If you are a beginner than there is a limited amount of educational content for you to peruse at your leisure. Finally, you can choose from a convenient selection of funding options but crypto funding is not yet supported.

• I have no complaints about the wide range of funding methods at Vantage, with plenty of accessible options for global clients.
• Sentiment analysis can be used alongside technical and fundamental analysis as part of a trader’s overall market analysis.
• Thanks to the advanced functionality of the platform, MT4 Vantage can conclude transactions with lightning speed.
• However, its unavailability to US-based traders may limit accessibility for some.
• Furthermore, the platform’s addition of a two-position accounting system — netting and hedging — allows traders to maintain complete risk management control of their accounts in their way.

However, CFTC regulation is absent; therefore, Vantage FX cannot provide its services to citizens or residents of the United States. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn’t imply direct instructions for investing. To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page. I remember one time when I ran into one investor who was just using Vantage FX for the first time and he was impressed with their ECN conditions. I met him six months later at a trading conference, and he was still satisfied but maybe not as impressed as he used to be.

This gives clients an insight into what is moving the markets each day. It contains trading setups which can be used to compliment your own trading strategy. MT4 is one of the most widely used trading platforms in the world which I like for its user-friendly interface and quick learning curve. It is simple enough for those of you who are novice traders whilst having enough advanced functionality for the more experienced traders amongst you. This is great as it means they will not take the opposite side of your position as a market maker would. I like that this ensures there is no conflict of interest between my trades and the broker.