Once the request is processed, it takes from 3-5 business days for the funds to reach your account for card withdrawals on Vantage FX. Bank transfer withdrawals on Vantage FX may also take up to 5 business days for you to receive funds. Cards and e-wallet deposits are credited instantly, while deposits via local bank transfers are processed within 1-2 business days. Step 5) Select your preferred account type, trading platform and base account currency.
You can also trade as a professional client if you need more leverage, although they have fewer instruments available for trading. Based on the regulations of Vantage FX, the broker is considered trustworthy for Australian traders, because they are regulated by the FCA. Vantage FX offers negative balance protection for both retail and professional traders. Your trades, deposits, withdrawals, and fees are measured in this currency on the platform. Nonetheless, once the account has been opened, deposits are fast and hassle-free. Then it’s just a case of choosing a trading platform, from MT4, MT5, and ProTrader.
Client funds for Vantage FX traders remain fully segregated at the National Australia Bank (NAB), with regular audits conducted. Professional indemnity insurance covering its authorized representatives is in place, but the lack of an investor compensation fund is notable. An insurance protecting deposits in case of default is preferable over the existing policy.
Which Countries Does Vantage Markets Accept?
As cash Indices and Commodities are same day settlement, holding trades over the weekend from Friday to Monday will carry three times the usual value as it accrues the three days of swap. Gives best support and has been my number 1 trading platform with no problems. Once a trading platform and device type have been limefx broker reviews chosen, log in with the Vantage Markets username and password. In addition to MT4 and MT5, Vantage Markets also supports ProTrader. This is backed by TradingView, so also comes packed with analysis tools and features. This includes over 50 technical indicators, chart drawing tools, and up to eight timeframes.
In this Vantage Markets review, we cover everything there is to know surrounding regulation, trading tools, spreads, commissions, user-friendliness, and more. VantagePoint is the complete software solution for trading futures in today’s volatile, intertwined markets, where a global, multi-market approach is necessary to be successful as a trader. Vantage FX is also an ECN broker with ECN execution on their Raw ECN Account.
- The charting is precise, adding 12 different chart styles to the conventional candlestick style.
- As for the payment methods, you can choose between
Bank Wire, Credit Card, BPAY(Australia Only), POLi, Neteller, Skrill, JCB, China Union Pay, Fasapay, Broker to Broker and Crypto.
- These tools have specific uses and Vantage FX has a video guide for each of them.
- The Fibonacci Golden Ratio is not only permeated in nature and art but also prevalent in financial markets – Fibonacci retracement levels are often key indicators to predict market movements.
- This requires the client’s personal information and verification documents – including a government-issued ID.
This determines whether the trader believes the price will rise or fall, respectively. While traders in the UK, Australia, and South Africa will be protected by their own respective bodies, this isn’t the case for other nationalities. This includes cash, deposit rebates, profit boosters, and a spin on the Wheel of Fortune. Vantage Rewards is a loyalty program available to all registered users.
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device,
anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools
to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned
trades. Vantage Markets provides research in the form of technical and fundamental analysis on its blog from in-house staff as well as guest writers. There is also an economic calendar powered by MQL5 from MetaQuotes. For clients who deposit at least $1,000, Vantage Markets offers a suite of plugins for MT4 branded as MT4 SmartTrader Tools, developed by FX Blue LLP. It provides a trusted trading ecosystem that enables clients to achieve their own success, in a faster and simpler manner.
Trading Share CFDs
The Vantage Markets demo account allows users to trade assets without depositing or risking any money. This will appeal to first-time traders or those looking to take Vantage Markets for a test drive. Like all trading platforms, traders can both make and lose money on Vantage Markets – depending on how successful they are at predicting asset prices. When trading non-forex assets, fees remain the same across all supported account types.
AvaTrade provides its traders with a lower cost structure, with the EUR/USD spread listed at 0.9 pips, without levying additional charges. Equities are reasonably priced, while certain commodities incur a fee. New retail traders are the primary target group of this broker, and the low minimum deposit can really help those who are new to online trading get comfortable.
Step 4: Deposit Funds
Once archived you will need to contact support to reactivate it. Vantage FX is legit because they are regulated by 2 Tier-1 financial regulators and 1 Tier-3 regulator. This makes them score low on risk as they are bound by law to comply with the regulations. Be empowered to better capitalise on winning market opportunities when you trade smarter @vantage.
Dollars – USD, and Great Britain Pounds – GBP, Euros – EUR, and Hong Kong Dollars – HKD. Prophet took a hypothesis-led yet rigorous approach to activate Vantage’s internal expertise and explore new external opportunities. The daily released rates are calculated by our financial institutional partners using risk-management analysis.
Bank transfer withdrawals on Vantage FX may take up to 5 business days for you to receive funds. Vantage V-Social app connects traders in a network in which they can ask other traders in the community and decide to copy their trades. Other traders can copy your orders while you earn a commission.
- The Raw ECN account offers institutional-grade spreads, starting from 0.0 pips.
- Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device,
anytime and anywhere you want.
- Vantage FX considers factors such as price, speed, the likelihood of execution, cost, and size of the order to provide traders with the best execution results.
- While Plus500 offers access to a larger range of markets, spreads on Vantage are more competitive.
Additionally, Vantage Markets can also be contacted via telephone and email.
Available Markets
Depending on the payment processor, third-party fees may apply. AvaTrade also charges an unnecessary inactivity fee after three months and an administration fee after twelve months, in the amount of €50 and €100, or a currency equivalent, respectively. The overall pricing environment is significantly more competitive at Vantage FX, especially for committed traders, where a well-executed cost-structure enhances an excellent trading environment. Vantage FX maintains 293 assets but only 41 currency pairs, which does not offer adequate coverage of the market. The commodity choice allows excellent diversification possibilities, while cryptocurrencies are notably missing. Completing the assortment is a broad equity CFD range across five markets with an additional 15 index CFDs.
Finding markets, analyzing prices, and placing orders is seamless. Moreover, the Vantage Markets app has excellent reviews online. In addition to third-party tools, the Vantage Markets website offers financial news and insights. This includes expert analysis of forex trends, stock prices, economic indicators, and more.
Trading Commodities CFDs
Our Vantage Markets review found that the platform offers very competitive fees. That said, fees and spreads will vary widely depending on the account type and asset. Vantage FX is a regulated broker offering trading services for CFDs (contract for differences) on (forex) foreign exchange, https://limefx.club/ indices, metals, energies, cryptocurrencies, 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. Read our review to know more about the trading conditions of the broker.
Therefore, clients at Vantage FX can trade with a competitive edge. Vantage FX supports copy trading via ZuluTrade, Myfxbook, and DupliTrade. AvaTrade offers ZuluTrade, DupliTrade, and MQL5 Signal Service.
We discussed the various account types earlier in this Vantage Markets review. This strong commitment to regulation highlights that Vantage Markets is a legitimate trading platform. It keeps all client capital in segregated bank accounts in Australia. Vantage Markets does not state the name of the bank but that it has a AA rating. Although the Vantage Markets demo account does not allow traders to make real profits, money can be made from the Demo Contest promotion. Our Vantage Markets review found that the platform supports a wide range of payment types.
Vantage FX connects MT4 traders to their deep liquidity pool via the oneZero MT4 bridge, powered Xeon E7 processors. Free VPS hosting adds a critical tool for automated trading, but a minimum deposit of $1,000 is required. It is worth it considering the outstanding combination of core and auxiliary trading services maintained by this broker. The sole weak spot remains research and education, where improvements are necessary to elevate them to a similar degree of quality as the rest of products and services. The demo account also enables users to get to grips with its supported trading platforms – MT4, MT5, and ProTrader.