MT4’s ability to automate strategies, along with its customizable features, enhances its appeal, especially for those looking to backtest trading strategies or trade without constant monitoring. Vantage provides access to a robust selection of currency pairs, including major, minor, and exotic pairs. With spreads starting from 0.0 pips and high leverage options, the broker offers an attractive environment for forex traders. Whether youre a scalper, swing trader, or long-term investor, the platform supports fast execution and tight pricing, making it suitable for traders at all experience levels. Again both MT4 and MT5 trading platforms are available and a wide range of markets including forex, indices, commodities, and shares are there for you to choose from.
The website itself is well laid out, and a useful search bar allows you to pull up any information you might be searching for in an instant. The trading experience via the MetaTrader 4 and MetaTrader 5 platforms is very much what you have come to expect. The MetaTrader 5 platform in particular has really been streamlined with this latest update. The WebTrader platform and the proprietary mobile app are both similarly easy to use, and beginner traders shouldn’t have an issue getting used to them. For all traders interested in copy or social trading, Vantage in 2021 have made available its proprietary copy trading platform.
Compare Trading Instruments
In fact, the service is also certified by Sheikh Hasan Qamra, the Chairman of the Shariah Supervisory Board. The Raw ECN account is another top account choice and is that of many who want to have more market liquidity and also reduce trading costs. Vantage is an international broker regulated in Australia, UK and can accept international customers thanks to the CIMA regulation. Added to this, they have become a really popular and expanding choice through the years. Like scalping, Vantage also allows algo-trading and the use of an outside VPS like Photon VPS, nextPointhost, and others. It is free for you to engage these services from the broker side though you must have account equity of at least $1,000.
- The broker offers user-friendly platforms, educational resources, and a low minimum deposit, making it accessible for those new to trading.
- This takes the form of 6 available cryptos that can be traded against the US Dollar as CFDs.
- The ability to customise charts using chart studies and indicators is unmatched, with literally tens of thousands of options for Forex traders to choose from.
- The broker’s low trading fees, tight spreads, and diverse asset offerings make it an attractive option for traders of all experience levels.
- Day traders can access actionable trading ideas from Autochartist and Trading Central, allowing a comprehensive and nuanced overview of currently developing trading opportunities.
- Vantage clearly takes customer satisfaction and loyalty very seriously, as these bonus schemes are among the best we have come across.
Deposit Methods and Process
With this broad range of instruments, Vantage caters to traders with different interests and strategies, ensuring there are plenty of opportunities for portfolio diversification and strategic trading. The table below highlights the spreads differences between Vantage and Pepperstone, helping you decide which broker offers the best conditions for your trading needs. This dual-pricing model allows traders to tailor their fee structure based on individual strategies.
How are Execution, leverage and position sizing with Vantage?
It’s also good to see that bank transfers, cards and some e-wallets are fee-free. Founded in 2009, the broker’s long history is a great sign of a well-established business with strong credentials. The firm’s notable reputation is also reinforced by its collection of prestigious awards.
How can you Deposit and Withdraw with Vantage?
Its spreads consistently outperform the industry average, except for FX pairs on the Standard account, which remain in line with industry norms. I assessed that Vantage’s overnight fees align with the industry benchmark. Overall, Vantage is an excellent choice for traders of all styles, including day, swing, position, crypto, copy, and algo traders. The few drawbacks include a limited selection of CFD stocks from Asian markets and inconsistent customer support. Yes, Vantage is regulated by the Australian Securities and Investment Commission (ASIC), one of the world’s leading financial regulatory bodies.
Account Opening
- The second is the actual asset you are trading, with different leverage applying to different assets.
- The platform includes in-depth charting tools, one-click trading, and a range of order types to help traders execute complex strategies efficiently.
- We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.
Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with. The broker’s flagship ProTrader platform, seamlessly integrated with TradingView, caters to both beginners and advanced traders. Additionally, it supports MetaTrader 4 and MetaTrader 5, as well as the Vantage app for trading on the go. The minimum deposit requirement varies depending on the trading account type. For the Standard Account, the minimum deposit is $200 USD, while the Raw Account requires a minimum deposit of $500 USD. When checking several broker-rating-websites a lot of complaints come because withdrawals were denied, rumors about vantage being/going to be bankrupt, closure of profitable accounts.
Support
The Straight Through Processing nature of the trades also means there is no intervention at all from the broker. This is favored by many traders, along with the very fast, efficient execution that ECN trading can provide. Trading is available here through both MT4 and MT5 trading platforms and the trading costs are kept low with no commissions on trading, and a spread that starts from 1.4 pips. It includes hundreds of written articles, comprehensive courses, frequent webinars, a detailed ebook, and more.
Vantage provides comprehensive customer support to address traders’ needs effectively. Available 24/7, their support team assists with live chat for immediate solutions and phone and email for more detailed inquiries. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Similarly, ProTrader users can also access a range of tools for just a https://worldtradex.live/ $200 minimum deposit, making this a more accessible option for newer traders looking to upgrade their package.
In addition to all the other account features available, Vantage has also got a number of other bonus features that make an account with it even more appealing. This includes a ‘refer a friend’ scheme, an active trade programme, a 50% deposit bonus, and a rebate scheme. The ‘refer a friend’ scheme is potentially lucrative and gives you the opportunity to earn a $150 bonus for every successful referral – this also gives them a $100 sign-up bonus. The active trader promotion offers users who open a Standard STP account funded by at least $10,000 the opportunity to earn bonuses based on their account activity. The welcome bonus provides a bonus of 50% on deposits of up to $500 for users signing up to the Vantage account. Vantage clearly takes customer satisfaction and loyalty very seriously, as these bonus schemes are among the best we have come across.
I received helpful and friendly responses to my queries within 1 minute each time. Experienced traders will also appreciate the free forex VPS, as well as Worldtradex forex brokers reviews various advanced plugins for the MetaTrader and ProTrader platforms. The only downside is that you don’t get access to a library of additional indicators or trading robots.
The mobile platform is user-friendly and retains most of the functionality available on the desktop version, including charting tools, technical indicators, and real-time quotes. Vantage offers a range of powerful and intuitive trading platforms designed to meet the needs of all types of traders, from beginners to professionals. The platforms provide access to various markets with advanced tools and features that enhance the trading experience. Vantage provides access to MetaTrader 4 (MT4), a popular and user-friendly platform known for its reliability in executing trades. This platform offers powerful charting tools, technical indicators, and automated trading options using Expert Advisors (EAs), making it suitable for both new and experienced traders.
In this self-tested review of Vantage, we will delve into every aspect, giving you a comprehensive overview of what this broker has to offer. Vantage’s trading platforms, including MetaTrader 4 and MetaTrader 5, cater to both beginner and professional traders, offering advanced tools and seamless execution. The variety of account types ensures that all traders, from novices to high-frequency professionals, can find a suitable option tailored to their needs. Additionally, the broker’s strong customer support and extensive educational resources make it an excellent choice for those seeking both guidance and a solid trading experience.