Trading forex/CFDs with any amount of leverages may not be appropriate for all traders. Vantage has separate accounts that do not mingle with conventional funds. All clients funds are held in a segregated account with Australia’s AA rated bank. Vantage accounts are tailor-made for Forex traders who are unable to receive or pay swaps due to religious bliefs. Both Vantage’s Swap-free Standard STP and RAW ECN accounts allow all traders to capitalise on Vantages institutional grade liquidity that are streamed from the largest institutions, straight to MT4. The same method as used to fund an account must usually be used to withdraw money and monies will be only refunded to accounts in the same name as the trading account.
Although the image above may look complex to new or inexperienced traders, rest assured that the interface is actually very straightforward and you will soon be able to place trades effortlessly. Now that you finally have your Vantage account, let’s take a quick look at how to place your first trade through the Vantage platform. For the purposes of this example, we will be looking at how to place a forex trade through the MetaTrader 5 integration you can find on the Vantage platform. We noted in the pros and cons section above that one of Vantage’s shortcomings was their lack of available assets. Although Vantage does not have the widest range of tradable assets, let’s take a few moments to look at what you can trade through the Vantage FX platform.
Vantage is the right broker for those who seek a platform that can provide a hassle-free transparent trading experience. During our review, we have tested the pricing and MT4 data and found it transparent. As a Raw ECN broker, there are only a few brokers that can provide services like Vantage. Minimum deposit is $200 for standard STP accounts, $500 for Raw ECN accounts and $10,000 for Pro ECN accounts.
Available for both iOS devices as well Android-powered gadgets; this trading platform comes equipped with an impressive suite of tools so you are able trade global markets anytime anywhere. Vantage uses the world-famous MT4 and MT5 trading platform to allow traders to have user-friendly access to global markets. Furthermore, the company has provided a comparison between MT4 and MT5 platforms that might help traders have a broader view. Perfect for both new and experienced traders who want to access the markets while on the go, the convenient MT4 and MT5 apps by MetaQuotes are fast, reliable and compatible with both Android and iOS devices. Overall, Vantage Markets proves itself as a standout brokerage option thanks to its licensed status and its unique account options. For example, Vantage Markets offers multiple account types as well as swap-free accounts that do not accrue interest for those who need it for religious reasons.
Vantage FX Trading Platforms, Software and its Features
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.
Vantage Markets offers access to an impressive range of tradable assets, including CFDs, forex and bonds. It offers high leverage and no commissions on most accounts, and account minimums start at just $50. When you trade with a market maker, you’re essentially trading with a partner who wants to make a profit by filling your order. This is in contrast to trading with a dealing desk, where you’re trading with a faceless company that’s only interested in making money on the spread.
How to reduce trading costs?
Leverage the volatility of the largest stock market indexes in the world such as the SP500, DAX, FTSE and DJ30.
In most cases, the withdrawal will be processed on the same working day if the request is received before 1200 AEST. In the world of forex broker companies being honoured with awards from esteemed organisations or publications, count much for the company’s reputation. Please read Vantage Markets Reviews below and share live trading experiences with this broker. Vantage is a forex and CFD broker, regulated by the top-tier Australian financial authority ASIC, as well as the UK’s FCA. Vantage also has regulation by the UK’s Financial Conduct Authority (FCA), which offers client protection through the Financial Services Compensation Scheme (FSCS).
What is Vantage FX?
This is calculated by multiplying the spread by the number of units traded. So, for example, if you’re trading 100,000 units and the spread is 2 pips, your overall cost would be £200 (2 multiplied by 100,000). When comparing brokers, be sure to use the same currency pair and lot size so that you can accurately compare costs. Vantage FX offers MetaTrader 4, MetaTrader 5, WebTrader and multiple mobile trading apps for iPhone and Android devices. All trading accounts are accessible across all devices and all platforms. Apart from a demo account, traders may also open joint accounts, company trading accounts and trust trading accounts, either as individuals or as a partnership.
While the Authority has granted a securities or derivatives LimeFx business licence to the Licensee, the Authority does not endorse or vouch for the merits of the products offered by the Licensee. You learn the basics in a matter of minutes and can take insightful quizzes to test yourself in a given situation. It gives you direction to where to start applying this information.
Lower fees, lower costs?
The texts on this page are not are not LimeFx recommendations. Your spread is essentially the cost of doing business with your broker. This is the difference between the bid value and the asking cost. Vantage Markets offers some of the tightest spreads in the industry so that you can keep your costs as low as possible. Your spreads are the difference between the prices at which you are willing to buy and sell a security.
- Fortunately, Vantage offers its clients high level customer support through both online chat functions and phone support.
- If the balance on your account goes into negative, you will be protected.
- Vantage FX offers MetaTrader 4, MetaTrader 5, WebTrader and multiple mobile trading apps for iPhone and Android devices.
- They keep clients’ funds in a segregated account with AA rated National Australia Bank (NAB).
Because market makers are more interested in building good relationships with their clients, they typically offer better spreads and lower fees. They also tend to be more reliable when it comes to fulfilling orders and providing customer service. If you’re looking for a reliable, affordable broker, limefx Vantage Markets should be at the top of your list. They can enjoy trading with Vantage Markets by paying very few fees and commissions. Thus, traders find Vantage Markets an attractive trading platform. Besides, the platform offers several features that enhance the trading experience of traders.
Vantage FX Awards and Recognition
Account service charges or inactivity charges are examples of such charges. VANTAGE FX offers variable spreads, from 0.0 on its various accounts. If details on the website is not comprehensive, more information can be obtained from the customer support service. https://limefx.biz/ VANTAGE FX provides a selection of educational tools including a step-by-step guide Learn to Trade Forex, with a market overview, market analysis, and trading psychology. Webinars are regularly led by experienced market strategists and professional traders.
- Definitely recommend this is you are just getting into the Foreign Exchange Market.
- Besides these trading accounts, Vantage has Islamic trading accounts for shariah compliance.
- Bitcoin (BTC) is the digital currency with the largest market capitalisation and price levels since its inception in 2008.
- All trading accounts are accessible across all devices and all platforms.
It provides a trusted trading ecosystem that enables clients to achieve their own success, in a faster and simpler manner. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here.
Vantage is a multi-assets trading platform headquartered in Sydney, Australia. Vantage is an Australian-based brokerage platform specialising in forex and CFD products. Founded in 2009, Vantage is regulated by ASIC (The Australian securities watchdog) and the Vanuatu Financial Services Commission. Vantage is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market. The partnership is testament to Vantage’s ongoing mission to promote financial literacy, support its customers in their individual journeys, and elevate the trader experience. Leverages are a two-edged dagger that may drastically increase your earnings.