Vantage FX Review 2023 Bonus, Demo & App Ratings

ZuluTrade, DupliTrade, and Myfxbook AutoTrade are the three auto trading platforms. On the other hand, Vantage should completely integrate trading and research into its customer portals and trading platforms. You might also improve Vantage’s service by expanding the breadth of in-house content. Note that you can only make deposits, place trades, and initiate withdrawals after your account application is approved. Vantage FX is a regulated broker offering trading services for spreads betting and CFDs on foreign exchange, indices, metals, energies, commodities, and shares.

Vantage FX ranks among the Best MetaTrader Brokers, and Best Copy Trading brokers. Vantage FX distinguishes itself from other MetaTrader-only brokers by offering a diverse range of additional add-ons and compatible 3rd party platforms and tools. All information contained herein should be independently verified and confirmed. We do not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. Please be aware of the risks involved with any trading done in any financial market. When in doubt, you should consult a qualified financial advisor before making any investment decisions.

Trading Conditions

You should consider whether you understand how this product works and whether you can afford to take the high risk of losing your money. Forex broking has been on the rise since online brokerage started gaining momentum. Online platforms offer a plethora of trade benefits for users even though there is a high risk of losing money in forex. Therefore, the demand for online trading platforms is always high.

• All information contained herein should be independently verified and confirmed.
• Based on our review, Vantage is secure and safe for investing.
• Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
• Such additional payment responsibilities may nevertheless exist in extreme instances, particularly in positions maintained overnight or over the weekend.
• A standard lot is the default of both the Standard and RAW ECN accounts and is set at 100,000 units of currency.

You have at least one year of relevant experience in the financial sector. Vantage FX is also registered with the Financial Services Compensation Scheme which will repay clients of Vantage up to £85,000 if the company becomes insolvent and cannot repay any claims. Vantage International Group Limited manages Vantage FX. The company’s headquarters are in the Cayman Islands. The Cayman Islands Monetary Authority , which is in charge there, oversees the broker. Contributing to the website since 2012 we are one of many consultancy projects Samuel works on. With 38 years of experience in finance, insurance and foreign exchange his combined knowledge makes him an effective operator.

ZuluTrade is one of the leading online Social Trading platforms in the world that has a large client base. ZuluTrade enables its users to locate successful and professional traders that are ranked by ZuluRank , and then follow their trades . The trades are then translated into real-time trades in the brokers’ accounts.

Sign-up Bonus

Both trading platforms are available across all account types for you to select. Vantage FX was founded back in 2009 with the founders consisting of a highly specialized team with experience in technology, forex, and finance. If you decide to open a standard STP account, the minimum deposit required is £200. The raw ECN requires at least £500, and the pro ECN will need a minimum amount of £20,000.

Vantage offers three platforms for social copy-trading in addition to MetaTrader. Users may access services like copy trading thanks to Vantage’s collaboration with several social trading platforms, including ZuluTrade, Myfxbook, MetaTrader Signals, and DupliTrade. A broker may charge a commission fee as a service fee for allowing you to buy and sell financial assets through your trading account. Most of a brokerage’s revenue may come from commission fees charged to registered traders on client transactions through your trading account. Clients can mimic the methods and tactics used by pros and successful traders by collaborating with social trading platforms such as ZuluTrade, DupliTrade, and Myfxbook.

Vantage FX Fees

In addition, its ECN platform has a super-fast execution with a minimum trading cost that might keep this platform as an industry leader. Vantage believes that education is important in financial trading. Therefore, it offers several education and analysis supports to its clients. Clients should log in to the Vantage account, where the withdrawal section is available on the withdraw tab from the menu. The best part of this broker is that it does not require any charge in deposit or withdrawal. However, investors should maintain a minimum amount as a withdrawal under the threshold.

Vantage FX also blocks clients from the USA so customers from there will need to find another broker to accommodate them. Vantage FX uses the MetaTrader 4 and MetaTrader 5 platforms, the best-respected and most popular platforms in the world of forex trading. These platforms are available in 32 different languages with 24/5 market hours. Vantage FX does offer a demo account and it takes less than 30 seconds to sign up for one. Additionally, those who already hold a live account with Vantage FX can take advantage of an Unlimited MT4 and MT5 demo account.

The account provider will charge a commission on each trade rather than artificially inflating the raw spread. There are no inactivity fees and few to no account fees the broker charges. Its social trading networks, which allow for trade-copying, are also a plus. That’s what you need to know before choosing a Vantage FX account. Vantage offers a two-step login permission for the mobile trading platform for enhanced security. All tradable assets are grouped into appropriate categories in terms of search functionality.

Withdrawals can be made manually or online and are processed daily. In most cases, the withdrawal will be processed on the same working day if the request is received before 1200 AEST. Getting started with the ZuluTrade trading platform is also relatively easy. Interested users only need to create a Vantage FX live account and fill out the ZuluTrade ‘Opt-in form’ and then link it with the ZuluTrade social trading platform to begin. In the next step, users are required to select their account type, platform, and account base currencies. Vantage FX enables clients to open accounts and deposit funds in the below-mentioned base currencies.

Regulation and Deposit Insurance – Is Vantage FX safe?

The broker operates at a very high standard across each area and it is clear that they continue to develop in line with your needs as a trader. This proactive mindset is something that undoubtedly sets them apart as an excellent choice both now and for the future as your next forex broker. As mentioned, the fees are very competitive at Vantage FX and where they start can depend on your account type choice. With the Standard STP account type, you will find a variable spread from 1.4 pips but you don’t need to worry about any commission. Vantage FX is a top forex broker with an excellent reputation around the world. The company has been in operation since 2009 and is based in Australia although they have now expanded to many locations and boast a worldwide trader base.

Spreads with a Standard Account start from 1.4 pips with no commission charged however with the RAW ECN, spreads of 0.0 can be enjoyed but you will pay a commission of $3 per lot per side. These spreads are very competitive when it comes to the RAW ECN account and will vary depending on the currency being traded. When considering Vantage FX, one of the essential things to consider is what trade features they offer and what the payouts are like.

Through its MetaTrader platform suite, WebTrader, and unique mobile app, Vantage FX provides clients with quick access to the worldwide forex market and share CFDs. Indices, commodities, and cryptocurrency are among the other investing tools available. Overall, the customer support of Vantage FX is fair, as the live chat responds fast and the email support is also prompt on business days. Although there are other brokers who offer 24/7 support in the UK, are regulated by the FCA and offer fair trading conditions. The Professional ECN account is for those with more substantial trading requirements who wish to trade in higher volumes.

Every trade on the standard STP uses an Equinix Fibre Optic Network. This network helps to give the customer extremely rapid execution times. Our Vantage FX review UK also found that you will have access to over 300 tradable assets and use either MetaTrader 4 or MetaTrader 5 online platforms. The company has a RAW ECN trading account with razor-sharp spreads from 0.0 pips and extremely low commissions that make it one of the most competitively priced brokers in the industry.

Commissions and Fees

No vantage fx review fees are charged by this broker even if it is a bank withdrawal. All withdrawal requests are processed within 1-2 business days. As per the Vantage FX review, all the users across all three types of accounts have access to 20 commodities, 13 indices, and 40 currency pairs, 17 commodity CFDs.

For example, in 2020 it won the M&A Today award for the Financial Trading Services Provider of the Year – Australia and the Global 100 award for the Best MT4/MT5 Broker & Lowest Trading Costs. These are just a couple of the many awards Vantage FX has won over the years. Islamic account – Vantage FX also offers a swap-free Islamic account that complies with Sharia Law.

https://traderoom.info/ FX’s non-trading fees are lower than other similar brokers. Vantage FX’s trading fees are higher than average on its entry-level account but lower than average on its two ECN accounts. British traders will be trading with the UK subsidiary of Vantage FX, which is licenced and regulated by the Financial Conduct Authority . WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. When we can press it, both in the portfolio and in crypto, when we see it, we can press it a lot.