Vantage Review Pros, Cons and Ratings

It opens up a world where learning and earning go hand in hand, where every trade holds the potential for growth, and where decisions are driven by a blend of insights and proven success stories. Initiate your journey by connecting an account in just 30 seconds and delve into a world of informed trading decisions, leveraging the knowledge of thousands of seasoned traders. 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. Our business isn’t solely about profit; it’s about bettering lives, elevating communities, and nurturing our planet.

Charting Tools

Vantage is a top-tier broker with some of the lowest trading fees I have seen. It’s just a shame the Pro account has a steep $10,000 starting investment. Help is available via live limefx reviews chat, email or telephone, with waiting times for responses scoring very well. To measure the quality and speed of customer service at Vantage, I tested the live chat feature by asking several trading-based questions at different times of the day.

• Overall, beginners and intermediate traders should find plenty of resources at Vantage, though I would say that the selection is not as comprehensive as other brands like IG.
• Our broker ratings are also informed by the experience of our researchers during the evaluation process.
• Vantage trading platforms are highly rated for their convenient and functional structure.
• There is a nice selection of instruments to choose from, spanning the main asset classes.
• Vantage, as well as many other broking firms, could improve in this regard, especially with providing education and tools for the experienced trader.

Payment Options – Vantage FX Deposit and Withdrawal Methods

If the trading criteria are met Vantage offers access to TradingView Pro, Pro+ and Premium and will refund your monthly membership costs. This TradingView-enabled platform has a slick interface and premium analysis tools. This includes over 20 different chart layouts, 8 timeframes, and a large selection of drawing tools. Both platforms offer algorithmic trading robots, known as Expert Advisors (EAs), that can be used for automated trading strategies. Vantage is a no-dealing-desk broker that offers varying execution models depending on the account you choose.

Is Vantage A Regulated Forex Broker?

Vantage has a range of deposit methods, making it pretty easy for most traders around the globe to fund their accounts. There is also the Vantage App, which is essentially a branded version of the MT5 mobile app. The Australian Securities and Investment Commission (ASIC) and England’s Financial Conduct Authority (FCA) are both very tight on how much leverage is allowed for retail traders. If you’re just starting out, or you only going to take the occasional trade, the standard account is probably right for you.

Deposit Options and Fees

• This is done via the National Australia Bank, which is the broker’s custodian bank and is AA-rated.
• It is a tiered bonus program, where all deposits up to $1000 are eligible for a 50% bonus.
• Some exciting features you will enjoy from this platform include three real-time chart types with nine timeframes, good drawing tools, various technical indicators, and more.
• This can further level the playing field between retail traders and the world of institutional trading, participated in by the banks.
• Vantage is also a member of The Financial Commission which is a body formed exclusively for solving any disputes between brokers and traders in a smooth, seamless manner.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.

People using Vantage FX have mixed reviews regarding the potency and speed of customer services. When you’re trading, every second counts, so you want a reliable broker that provides help whenever needed. Copy trading allows beginner traders to copy the moves of more seasoned investors. It provides unlimited access to the best trading strategies and practices to help you limefx website become a better investor.

Supported funding methods include bank wire transfer, credit/debit card, Neteller, Skrill, AstroPay, FasaPay and broker-to-broker transfer. Our team rate the variety of payment methods supported as it makes the broker easy to use globally. However, it should be noted that the list of available products does not include cryptocurrencies, which may be a disadvantage for some investors interested in this growing market segment. Registering an account with Vantage begins with filling out an online form, where you can sign up using Google or an email address. The user must also agree to the Privacy Policy and consent to communication with a Vantage Markets representative for assistance with the application.

It is also a tiered rebates program, where the rebates start from $2 per standard lot for a $10,000 balance, going all the way up to $8 per lot for account balances over $300,000. The rebates can either be redeemed as cash or as gifts, which include smartphones and gift cards. We found several qualities and attributes that accentuated the broker’s Australian heritage, but some of these values were diluted by the broker’s global reach. We have seen this happen with other brokers since it would be impossible for a company to retain the same quality as it expands to newer markets. Nonetheless, our detailed review of the company did unearth enough evidence to suggest that there are still noteworthy qualities that make VantageFX an excellent broker for retail Forex trading.

CFDs can also be traded with leverage which increases trading power but also risk. Vantage technical support offers various communication channels, including email, phone, and live chat, as well as a unique remote support service through TeamViewer. However, mixed customer reviews indicate inconsistent service quality, especially regarding response speed and the effectiveness of provided solutions. The broker provides traders with MT4 and MT5 demo account, which traders can use to practice their trading strategies on over 180 financial instruments without risking real money. My tests have shown that trading fees at Vantage are fairly competitive but not the lowest I have seen. The STP account does offer zero commissions but wider spreads from 1 pip.