Broken down by asset class and compared to the industry average, Vantage charges low spreads on currency pairs, shares CFDs, indices, and cryptocurrencies, and low-to-medium spreads on commodities. The broker displays live spread info on its website, which is easily accessible to visitors of the website. I also compared the numbers displayed to the broker’s live quotes on the platform and determined that they matched. With zero commission on US stocks and offering raw spreads, Vantage is particularly advantageous for trading share CFDs.
Vantage Markets Web Platform
This is due to various reasons, such as regulatory requirements, local laws, and international sanctions. Some of the major countries where Vantage is not allowed to operate include the United States, Japan, Canada, and some countries in the Middle East. Vantage partners with MyFXBook AutoTrade, another social trading platform that integrates seamlessly with Vantage’s trading infrastructure.
By attending Vantage’s webinars, clients can stay up-to-date with the latest market developments, refine their trading skills, and expand their knowledge base. We have discussed MetaTrader throughout many of our reviews, but we will detail a few key features as we include all aspects of this broker’s trading platforms. Vantage offers the widely popular MetaTrader 4 (MT4) trading platform, providing clients with a user-friendly interface, advanced charting capabilities, and a vast range of technical indicators. Clients can trade over 49 currency pairs, 25 indices, 51 ETFs, 22 commodities, and 800+ share CFDs, providing ample opportunities for traders to diversify their portfolios. Concentrating on CFDs, the broker gives exposure to some of the US, UK, and Australian major stocks, enabling traders to speculate on the prices without actually owning them.
- The Market News and Analysis section at Vantage provides clients with timely and relevant information about the financial markets.
- Over the years, Vantage has received numerous awards for its trading platforms, customer service, and overall performance, further cementing its position as a leading broker in the industry.
- Depending on the trading strategy, it may become the most significant fee per trade.
- At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.
Vantage Commissions
Furthermore, the platform’s MQL5 programming language allows for more sophisticated EAs and custom indicators. Vantage’s MT5 is available on various devices, including desktop, mobile, and tablet. The ProTrader basket of tools comprises different features, such as an economic calendar, market buzz, featured ideas, technical insights, and more. Vantage offers a decent range of research tools – both in-house and from external providers.
Established in Australia in 2009, Vantage FX has evolved to become one of the leading Forex and CFD brokers across the globe. Yes, Vantage offers a referral program that rewards clients for referring new traders to the platform. Referrers can earn bonuses or commissions based on the trading activity of their referrals. Yes, Vantage offers a free demo account that allows traders to practice and test strategies in a risk-free environment using virtual funds. Yes, Vantage supports the MetaTrader 5 (MT5) platform, which offers more advanced features, additional timeframes, and improved charting tools compared to MT4, catering to professional traders. MT4 is ideal for both beginners and experienced traders, offering comprehensive tools for technical analysis and automated trading.
- Our methodology is built on rigorous research and in-depth testing across multiple key areas, including trading costs, platform features, and account structures.
- This promotion is particularly useful for clients who hold Gold positions for an extended period and want to avoid additional fees.
- The broker offers three account types – Standard (STP), Raw (ECN), and Pro (ECN), each with different minimum deposit requirements, spreads, commissions, leverage, and trading instruments.
- The Refer a Friend promotion is a way for existing clients to earn bonuses by referring their friends to Vantage.
- This means that while the number makes it cheaper and more accessible for Australian or International callers, their support is centralised.
- Besides, the Vantage education and research section is excellent, offering various materials and good research tools, again surpassing brokers like Eightcap and many others in the industry.
- Vantage provides a diverse portfolio of over 940 instruments spanning various asset classes such as currency pairs, commodities, share CFDs, indices, cryptocurrencies, futures, and ETFs.
Clients earn points for every trade they https://traderoom.info/an-overview-vantage-fx/ place, and these points can be redeemed for various rewards, such as trading bonuses, cashback, and merchandise. The program has multiple tiers, and clients can move up the tiers by trading more and earning more points. By offering a wealth of information and practical advice, Vantage’s Education section aims to help traders make more informed decisions and develop a solid understanding of the markets. Vantage offers financial news in video format on its YouTube channel, providing an easily digestible and time-efficient way to stay informed. ECN brokers utilize electronic execution of client orders since they operate as Over-the-Counter (OTC) derivatives brokers. The advantage of OTC trading over trading on an Exchange is that there is no need for a dealing desk, and client orders are filled much faster.
Vantage also offers different trading platforms, in addition to the market-popular MT4/MT5, it also offers ProTrader and Vantage app, Copy trading, which adds to the broker’s advantageous offerings. 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. Vantage is a globally recognized online broker offering access to a wide array of financial markets, including forex, commodities, indices, shares, and cryptocurrencies. Established in 2009, Vantage has steadily grown to become a trusted name in the trading community, known for its cutting-edge trading technology, competitive spreads, and a strong regulatory framework.
Platforms and Tools
Yes, Vantage is a legitimate broker with a strong reputation in the trading industry. It is regulated by multiple top-tier authorities, ensuring it operates within strict legal and financial guidelines, providing a secure trading environment for its clients. The RAW ECN account is tailored for more experienced traders who prefer tighter spreads.
For traders who prefer a more robust trading environment, Vantage offers the MT4 and MT5 desktop platforms. These platforms are known for their advanced features, including algorithmic trading, expert advisors (EAs), and comprehensive charting tools. The desktop platform is suitable for professional traders who require high-level analytical tools and custom indicators. The next aspect that we want to explore in this Vantage FX review, is the trading conditions that the broker can offer to their clients. Trading conditions cover things such as how tight their spreads are and most importantly whether they add any sort of markup when a trader’s account grows in size. Vantage’s Smart Trader Tools is a comprehensive suite of tools and indicators designed to help clients optimize their trading strategies and improve their overall performance.
The most preferred Vantage FX deposit method is wire transfer, which is available as both domestic and international transfer. Wire transfer is free of fees or processing charges, but the broker does not take responsibility for intermediary bank charges. The performance of the MetaTrader terminals remains on a par with other brokers, but the company’s STP and ECN bridges did offer slightly better trading conditions than other brokers. For instance, the company has a minimal slippage policy that ensures most orders are matched at the quoted prices. Even the Vantage FX spreads were extremely competitive, which is the result of real ECN trading.