Vantage FX Broker Review Forex & Stock Trading at Vantage FX

The range of available markets at Vantage will depend on which entity regulates your account. The following table summarizes the different investment products available to Vantage clients. This comprehensive approach allows us to recommend the best brokers for different experience levels, trading styles and budgets. As a regulated brokerage, Vantage FX is subject to strict standards set by the FCA. It keeps client funds segregated with the National Westminster Bank. The broker also has a robust privacy policy and abides by AML and CTF policies.

It also earned the same honor from both the Global 100 and the Fintech Awards in 2017. The information contained on this website is of a general nature only. The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation or individual needs.

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. Vantage FX offers an unlimited demo account, as it can take time to learn how to become a profitable forex trader. Users can practice trading with the broker’s full range of 300+ instruments.

The commission fees are competitive, and there are no additional fees on top of overnight financing charges. Energy commodities are some of the most important commodities in the world because they are used to power the economy. Vantage FX allows you to trade the energy markets via the MT4 and MT5 trading platforms. The CFD broker offers the most popular energy commodities, such as crude oil, natural gas, gasoline, and heating oil, allowing you to take advantage of fluctuations in the prices of those commodities.

The broker also takes various security measures, such as guaranteeing absolute transparency and maintaining segregated client funds. Our Vantage FX team was also happy to find that negative balance protection is offered free of charge. Vantage FX has several account types, each with its own structure for trading fees. This allows you to choose whether you prefer competitive spreads and no commission fee or extra-tight or even zero spreads and commissions. In our forex broker review of the trading conditions at Vantage FX, we analyzed the lowest spread offered by the forex broker, in addition to the margins, and order execution.

• If you ignore the few negatives which are way lower than even some of the highly reputed forex brokers, Vantage FX is one of the best Australian CFD brokers for retail clients.
• I knew there would be some trading loses but not in 4 days risking all funds.
• To open an account with Vantage FX, you’ll need to provide proof of identity and proof of address.
• ETFs track the performance of a pool of underlying assets – including commodities, stocks, currencies, indices and more.

Islamic Account (Swap-Free)

• The last account type is much less accessible, but it is specifically designed that way to appeal to those with higher trading volumes.
• These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved.
• 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.
• The commission for RAW ECN accounts is $3 per lot per side, which drops to $2 per lot per side for PRO ECN accounts, all of which are competitive figures.

The Forex Market Overview features four sub-categories with a total of 17 articles. Forex Market Analysis includes three sub-categories and 17 articles in total. Forex Trading Psychology features one sub-category and three articles. Instead of traditional educational PDFs that you can download and view offline, Vantage FX opts to include numerous educational articles throughout the website. In the Education Center, you will find articles divided into three categories. Each of these has numerous sub-categories so that you can find what you’re looking for easily.

Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. Investing.co.uk has been helping British traders find the right broker for over 20 years. Opening and funding an account can be done in GBP, meaning you won’t be charged currency conversion fees. Clients can refer to the ‘Market Watch’ panel on the MT4 platform to get the most up-to-date swap rates and live spreads. If you trade at Vantage FX via MT4, MT5, or WebTrader, you’ll have easy access to trading signals and  Expert Advisors.

BEST CFD BROKER – Global

The broker offers institutional trading conditions to retail traders, operating a true ECN/STP model of execution that offers transparency and helps to build trust. As with other ECN brokers, Vantage FX uses top-tier liquidity providers (LPs) to ensure deep liquidity, fast trade execution speeds, and tight interbank RAW ECN spreads that start from just 0 pips. This is a more advanced trading platform introduced by MetaQuotes in 2010 to take your forex trading to the next level. In addition to offering all of the features of MT4, the MetaTrader 5 trading platform comes with more advanced capabilities, such as 21 timeframes and nine chart types.

Vantage FX vs Other Brokers

In the UK, only Vantage Prime Pro account holders are charged commissions, and these start at £1.50 per 100k traded. Methodology updates are made so that new broker features and products are taken into consideration. Review updates ensure that all the information we provide is current and correct. After completing our careful Vantage FX review, we can confidently recommend this broker.

Key Pros

This way, the risk of fraudulent behavior by the brokerage is kept at a minimum. We provide support and detailed account information at every stage of your journey. Our dedicated customer support team is available 24/5 to provide assistance with any trading-related issues or questions. Vantage currently offers CFD trading across forex pairs, indices, commodities, metals, energies and US/UK/HK/EU/AU shares. In total, Vantage offers 24 different CFDs across a range of different financial instruments and assets.

This makes it easy to speculate on traditional financial markets using existing digital assets, without having to convert cryptos into fiat currencies like GBP. You can find tutorial videos for the Vantage FX platforms in the educational area. Due to the similarities across all platforms offered by Vantage FX, however, that should be enough to help you use any of the broker’s platforms.

Pepperstone vs Vantage

Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. By the Financial Conduct Authority (FCA) under Vantage Global Prime LLP, for institutional clients. Pepperstone offers a superior MT4 upgrade package, making it the better choice.

The good news is that this is the most popular precious metal for trading, as it provides you with a safe haven in times of market volatility. MetaTrader 4 is the most popular platform for trading forex in the world, so our reviewers were pleased to see that it is an option. Vantage FX uses a custom-made oneZero MT4 Bridge for a powerful connection to the deep liquidity pools of the broker. You can, however, easily request a non-expiring demo account from Vantage FX via email.

KYC guidelines keep you safe and stop the broker from accidentally facilitating illegal practices such as money laundering. –      Non-trading fees aren’t directly related to trading, but you should consider them as they make up the cost of using a certain broker. They’re already doing well, but there’s still room for improvement Worldtradex scam in customer care, particularly when it comes to responding to traders’ queries.

These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. The minimum deposit at Vantage FX is $200, for international clients. International and Australian clients can open Standard accounts with just $200, RAW ECN with $500, and PRO ECN with $20,000. UK clients, on the other hand, must meet an initial deposit requirement of £2,000, no matter which account type they select.

Furthermore, the platform’s addition of a two-position accounting system — netting and hedging — allows traders to maintain complete risk management control of their accounts in their way. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Overall, the writer of this Vantage review found that using the platform is relatively simple. If you have any previous experience of similar trading platforms, then using it shouldn’t be too much of an issue.