To ensure that we only recommend high-quality brokers, our reviewers have tried and tested each of Vantage FX’s trading platforms. When doing so, they considered a range of factors including how easy to use the platforms are, what features each trading platform offers, and how suited each platform is to different types of traders. Swap-free trading accounts are available for either Standard STP or RAW ECN accounts, allowing Islamic clients to trade in confidence.
Additionally, Vantage FX’s traders can trade with the mobile versions of the MT4 and scammed by Worldtradex MT5 trading platforms. This brings a whole new level of convenience to the entire trading process as traders can access their trading accounts and place trades on the go, as long as they are connected to the internet. The app requires Android 5.0 or later, while the iOS app requires iOS 9.0 or later.
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- This brings a whole new level of convenience to the entire trading process as traders can access their trading accounts and place trades on the go, as long as they are connected to the internet.
- Once you register with the broker, you are able to view your available deposit and withdrawal methods when you log in to the client portal.
- The best in class platforms support all order types, right from the instant, market orders to the pending, trailing orders.
- Vantage FX also offers a halal swap-free Islamic Standard STP account and an Islamic Raw ECN account.
Our reviewers were happy to find that Vantage FX offers a wide range of research and analysis tools. There is a Smart Trader Tools Package with an alarm manager, correlation matrix, correlation trader, Excel RTD link, market manager, mini terminal, sentiment trader, session map, and trade terminal. The broker also offers an impressive suite of Pro Trader Tools, such as Market Buzz, Featured Ideas, Economic Calendar, and Analyst Views. The Vantage FX application is a proprietary trading platform that lets you trade on the go, accessing share CFDs, indices, commodities, and forex pairs. There are versions available for both Android and iOS, and it provides access to full trading functionality.
Opening an account with Vantage FX
Soft commodities refer to commodities that are grown rather than mined. When trading soft commodities CFDs, traders will have to consider factors including weather conditions, global demand, and geopolitical events that impact their production. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
ETFs track the performance of a pool of underlying assets – including commodities, stocks, currencies, indices and more. Start trading popular ETFs like the SPDR S&P 500 ETF and Invesco QQQ Trust. Learn all about trading with Vantage Academy and get the latest financial news plus in-depth market analysis.
Account Types
Market news feeds are incorporated into the primary trading platforms, letting you review Vantage FX instruments and news in one place. This type of news feed is found on the MetaTrader platforms as well as the Vantage FX application. The ability to trade share CFDs with Vantage FX provides plenty of opportunities for diversification, thanks to the global market access. As a UK client you can trade 8 share CFDs (including big brands like Microsoft and IBM), whilst as an international client you can over 100.
Customer Support
- The Vantage FX application is a proprietary trading platform that lets you trade on the go, accessing share CFDs, indices, commodities, and forex pairs.
- The online module is handy for beginners trying to get hands-on the basics of the forex markets.
- This process places importance on the things we know matter most to traders.
- For those using Expert Advisors, trading signals, or other forms of automated trading, Vantage FX also offers a free forex VPS.
- MetaTrader 4 is available for desktop, mobile, and web, across nearly all device types – 13 platforms and devices in total.
For those trading outside of the UK, you can get started with as little as $200, making this broker highly accessible. As you review Vantage FX forex broker’s account types, however, you will notice that each has a different minimum deposit. RAW ECN Accounts have a minimum deposit of $500, and PRO ECN Accounts have a minimum of $20,000. The last account type is much less accessible, but it is specifically designed that way to appeal to those with higher trading volumes. The platform is replete with a suite of advanced trading tools, such as technical indicators, order management, custom watchlists, trading signals by Trading Central, alerts, news calendars, and more.
The application includes technical indicators, including Bollinger bands, moving averages, and MACD. The SmartTrader is useful for both beginners and experienced traders to monitor and execute trading decisions based on the vital market-moving tools, including the market sentiment indicator. The margins generally depend on the Vantage subsidiary with whom you open your account. Clients of Vantage International Group Limited coming under Vantage FX are eligible for the least margins, starting at 0.2% for FX instruments. Likewise, professional clients registering with Vantage Global Prime LLP, regulated by the FCA, are also allowed identical margins. On the contrary, retail clients coming under the Financial Conduct Authority are only eligible for margins as low as 3.33% in the major FX pairs.
You can go long or short, and hold on to your positions as long as you like without the hassles of closing out your open positions before the expiry date or rolling over to the next contract. BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. Prior to dabbling into margin trading, each reader should take the time to determine their individual investment goals, risk tolerance, and level of expertise. Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice. Please consider contacting a professional advisor if you require any financial assistance. BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist.
Here are some of the support options to get in touch with the ASIC regulated forex broker. Beware of Vantage PAMM account Manager user name is “Steady Growth” he’s amateur trader under Kaltoire Group on myfxbook. He blocked me from all over telegram signal groups and deleted our chats. I knew there would be some trading loses but not in 4 days risking all funds. He promises you that your account will be safe because he will use proper money management with 20% drawdowns.
ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Both brokers have an excellent track record spanning 15+ years, segregate client deposits from corporate funds, and offer negative balance protection. Vantage is also a member of the Hong Kong-based Financial Commission and has a $1,000,000 per client insurance policy.
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 is unlike most financial firms that would charge a certain sum on trading accounts after a prolonged period of inactivity. Finally, let us compare Vantage FX Standard Account average spreads with those other major brokerages offer on the three most actively traded Forex pairs. So, the Pro ECN Account is the cheapest of the three accounts, which is why it is offered to high-volume traders. As a multi-award-winning CFD broker, Vantage delivers a superior trading experience, recognised by respected financial institutions and publications.
MetaTrader 4 is available for desktop, mobile, and web, across nearly all device types – 13 platforms and devices in total. For UK clients, both the Vantage Prime and the Vantage Prime Pro accounts can be opened with £2,000. Vantage FX has also won an impressive range of industry awards, which shows that you are trading with an accomplished and reputable firm. Awards include Financial Trading Services Provider of the Year from CV Magazine 2019 and, in 2018, the broker was the Fintech Awards winner for Financial Trading Services Provider of the Year.