The MetaTrader platforms are available on the web, desktop (MAC and Windows) and mobile devices (Android, iPad, iPhone, and Tablets). With their user-friendly interfaces and many advanced features, the MT5 and MT4 are one of the most utilized trading platforms across the globe. Additionally, the multiple payment options increase the chances of a potential client base. Overall, the platform provides low minimum deposits and swap-free trading for traders.
They help me fast!
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. 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.
- 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.
- MT5 allows traders to use more timeframes on an unlimited number of charts in their watch list.
- With your unique Vantage AutoTrade account, you can easily create a portfolio and automatically copy the trades of other successful Forex traders.
- In fact, they offer use of the VPS service for free if your account has equity of at least $1,000.
What did our traders think after reviewing the key criteria?
- MT5 is the direct successor the most well known and most popular Forex trading platform, MetaTrader 4 (MT4) and to take your Forex trading to the next level, you need to make the upgrade too.
- Deposit are quickly attended to but when it’s time to withdraw they disappear.
- The neat functionality of the site made this part of the process easy to navigate; it took less than one minute to complete.
- Vantage customer support can be contacted via Live Chat, phone, email, Messenger, Twitter, Telegram and Instagram.
- Generally speaking, the spreads on offer are very competitive and trades are executed incredibly quickly.
At Vantage, they understand how important the management of risk is and they don’t want clients’ trading platform to be an unwanted restriction to achieving their goals. If you choose to open a Vantage trading account, you will be able to trade energy markets on MT4 or MT5 with ease. Energy traders take advantage of fluctuations in the price of a certain specialised set of commodities markets such as oil, gas, gasoline and heating oil. According to its website, Vantage is founded on the values of accountability, transparency, reliability, integrity and trust. As such, it is quite clear that Vantage takes its regulatory obligations seriously, making this broker one of the safest around. Currently, the National Australia Bank acts as its custodian bank and it is regulated by the Cayman Island Monetary Authority (CIMA).
Vantage Lower trading fees
Allow clients to put real-time account data into excel for analysing, comparing and creating rules. The MetaQuotes WebTrader platform for MT4 and MT5 offers clients a robust method to trade directly from their browser, and it’s compatible across Windows, MacOS, and Linux operating systems. MT5 allows traders to use more timeframes on an unlimited number of charts in their watch list. Have you ever wanted to see how your trading strategy would run off the 12-minute charts, but been restricted by MT4’s limited timeframe capabilities? With 21 timeframes and one-minute history of quotes available on MT4, moving to MT5 is the smart choice for flexibility.
Stock market trading is risky, and an obligation to make additional payments cannot be suspended with a genuine ECN broker. If the market opens elsewhere and there is no liquidity to close or open your order, you will be given the next best price. In the worst case, this can lead to an additional funding obligation. The broker will automatically limefx reviews stop you if the margin is over-stimulated.
In which countries is Vantage not offered?
As you can see from my comparison table below, Vantage stands up well against top competitors when it comes to available payment methods. Considering the negatives, though, it is a shame that the broker’s global entity, Vantage Global Limited, is regulated offshore by the Vanuatu Financial Services Commission (VFSC). The VFSC is not a highly respected authority and does not offer the same degree of protection for retail traders in my view. As you can see from my comparison table below, Vantage stands up well against two of the most tightly regulated brokers in the industry, Pepperstone and AvaTrade. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl. Filippo Ucchino started his trading career in Forex trading in 2005.
The broker’s global user base, strong regulatory oversight and collection of industry awards are reassuring. The firm also uses important safety measures including segregated client accounts. The competitive pricing in the ECN accounts, additional tools and the rebate scheme also make Vantage a good option for more experienced, high-volume traders. In addition, the VPS and access to the MetaTrader software will serve algo traders.
The demo account is excellent for testing new strategies or markets. Even beginners or new customers can try the trading conditions and the broker’s offer. Vantage Markets offers a free demo account, which is also unlimited here. Today, the selection of online brokers is extensive, and finding a trusted trading partner isn’t easy. Vantage Markets is a well-known company from Australia, which also serves international customers, but is Vantage Markets a good forex broker or not?
How Can I Trade With Vantage Markets?
Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs. 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 platform offers to trade in raw materials, agricultural products, and more. The platform provides numerous currency pairs including major, minor, and exotic.
In case of significant problems, the support can access your computer via external software (Teamviewer). Vantage Markets offers a versatile suite of trading platforms designed for convenience, flexibility, and performance. From mobile to desktop applications, these platforms cater to traders of all levels with seamless functionality and advanced tools. Yes, Vantage offers a decent mobile app which offers access to account management features and trading tools whilst on the move. The application allows you to place trades, follow market news and create watchlists, but I learned that it isn’t the best for serious charting and technical analysis. The low starting deposit of $50 ensures accessibility for those on a lower budget and the unlimited demo account allows you to practise trading risk-free for as long as you need.
For newcomers, the design may feel a little dated compared to some alternatives, but in my experience, the look and feel of the platform is easy to get used to. I think Vantage could improve its market coverage by introducing Asian share CFDs from exchanges like the Shanghai or Tokyo Stock Exchanges. My only minor complaint is that the selection of shares is lighter than some brokers like CMC Markets. There is also a deposit bonus scheme where you can earn a 50% credit bonus on deposit amounts from $500 up to $196,000+. Again, Vantage doesn’t charge any internal fees for withdrawals, which is a positive if you make regular withdrawals. It’s also good to see that bank transfers, cards and some e-wallets are fee-free.
It is regulated and registered under https://limefx.vip/ top financial authorities to ensure security standards. ASIC is the regulatory body that provides the safety of your account. Vantage operates on spread-based and commission-based pricing models, depending on the account type. Some accounts offer commission-free trading with spreads starting from 1.0 pip. The account offers free technical analysis and expert advice for traders.
Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms. He is an expert in Compliance and Security Policies for consumer protection in this sector. Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings. For all traders interested in copy or social trading, Vantage in 2021 have made available its proprietary copy trading platform. It is very flexible, user friendly, and it offers multiple funds allocation methods to copy other traders.