Aenergy Technical

Vantage FX Review 2023 Bonus, Demo & App Ratings

A Standard STP Account is ideal for beginner traders while RAW ECN Accounts are ideal for the more experienced traders. PRO ECN Accounts are ideal for professional traders or money managers that trade with high volumes. Vantage FX is an Australian broker that focuses on forex trading but also offers trading of other assets, including cryptocurrencies, share CFDs, indices, and commodities. This is designed to ensure that all Vantage FX clients feel confident using their chosen trading platform.

Forex and derivatives carry market risk and hence it is advised to trade in the amount you can lose. Make sure you have read all the market related and legal documents before venturing into https://traderoom.info/ any kind of investment or trading activities on Vantage FX or any other brokers. Beginner traders get a quality educational section, which provides a comprehensive introduction to trading.

Vantage FX Review: Conclusion

The same method as used to fund an account must usually be used to withdraw money and monies will be only refunded to accounts in the same name as the trading account. A platform can be a multi-asset one, which means that it allows clients to not only trade forex but also other asset classes like CFDs on stocks, stock indices, precious metals, and cryptocurrencies. The facility that enables a trader to get a much larger exposure to the market than the amount he or she deposited to open a trade, is called leverage.

Deposits start from just $100, and you can add funds to your account using credit or debit card, wire transfer or e-wallet. There are
also many base currencies to choose from, so you may not have to pay a currency conversion. This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated.

Customer Service

We briefly mentioned the demo account that allows you to practice your skills before depositing real funds. We also highlighted the different live accounts below for each specific type of trader. The broker offers you the options you need for professional trading. From our experience, there are no disadvantages except the language barrier in English using the support. Vantage Markets is a reputable and trustworthy broker with an extensive and favorable trade offer for international traders. Captial.com is one of the biggest online brokers available and certainly very trusted.

With interest in trading and investing skyrocketing since the 2020 crash, it is now more vital than ever before for you to sign up to a reliable brokerage when you begin your trading career. No matter on which page you are on the platform or mobile trading app, there is a live chat button to connect you to the customer support vantagefx.com in real-time. Besides live chat, you can also reach the help customer support team via phone support or email support. If you are in Sydney or Melbourne, you can visit the Vantage FX head office. The Contact Us section of Vantage FX website has the address and phone numbers properly shared as per client area. In general, experienced traders tend to prefer accounts with higher minimum deposits and tighter spreads.

• It is also worth mentioning Vantage Markets has some of the lowest fees on the market, and if this is an essential aspect for you, then this broker is one of the best options worldwide.
• So how did we approach the problem of making their fees clear and comparable?
• Make sure you have read all the market related and legal documents before venturing into any kind of investment or trading activities on Vantage FX or any other brokers.
• We strongly recommend that every trader implements a stop-loss order to prevent their losses from exceeding an amount they are comfortable with.

You will have access to dozens of charting tools and indicators across all variations of the platform that prioritizes the ability to customize your trading experience. On mobile, the platforms are equally as powerful with access to the same detailed functions in an easy-to-use app. When it comes to the available markets at Vantage FX the first point to note will be that they are a CFDs broker. This means that every asset listed is traded as a CFD and you will not be able to trade the real underlying asset. In total, you will find around 300 tradable assets at Vantage FX. This selection includes more than 40 forex currency pairs, 20 commodities, 10 indices, crypto assets, and over 200 stocks, again all traded as CFDs.

The company must have an official license (through licensing/regulation) from a government agency to offer financial products. Official laws are always subject to vantage fx reviews specific criteria and rules that a broker must adhere to. In case of violation of these rules, an immediate withdrawal of the regulation and license threatens.

Vantage FX Bonuses

This is also a useful feature for testing out a new trading strategy in a risk-free manner, so you can potentially adjust your current strategy and improve future earnings. The standards that Vantage FX follows due to its ASIC regulation are considered a regulatory benchmark globally, giving clients a great deal of confidence. KPMG is a network of a global nature that includes professional firms that provide audit services as well as those of an advisory nature and tax services. When creating its services, Vantage FX asked itself what traders want from a forex broker. Based on that question, it chose what to include and what values or features to strive toward. Vantage FX also places a focus on maintaining its reputation of delivering integrity.

In addition, in this Vantage FX trading review, we discovered a deposit bonus offer. It entitles customers to a 50% credit bonus on their first deposit up to £500 credit in your base currency. You can also get an additional 10% bonus for deposits over £1000. New customers have to create a live account, opt into the promotion, and deposit their funds into the account to qualify for this. Vantage offers a range of trading tools to assist traders in making informed trading decisions.

Those who are interested in statistics will want to know that Vantage FX is stable at 99.99 percent of MT4 uptime and has improved the execution speed by 78 percent. Vantage FX carefully tested each fiber optic line that connects the servers to ensure minimization of latency. Vantage FX also has a strategic partnership with Equinix for a fiber optic network solution that connects its trading servers to the world.

How long does it take to withdraw from VantageFX?

Also, there is a $20 million insurance plan with Lloyd’s of London. Overall as concerns safety of money, we may conclude that Vantage Fx is a safe place to trade. Vantage FX aims to offer trading options for experienced and knowledgeable traders, as well as those just starting out. You’ll find a wealth of useful onsite resources to help you achieve your trading goals. Vantage FX provides research in the form of technical and fundamental analysis on its blog by in-house staff and guest writers. Vantage FX offers an economic calendar and a suite of plugins for MT4 branded as MT4 SmartTrader Tools for clients who deposit at least US Dollar 1 000.

The broker does not charge any internal fees for any deposits and withdrawals. However, outgoing and incoming deposits from foreign banking institutions may be subject to brokerage fees for either party. These fees are not controlled by Vantage, and the user is responsible for the costs incurred. Please note that the spread and commission may vary depending on the account type and trading platform used. These are branded Analyst Views, and are categorized by asset classes and broken down into subcategories. Check out the ‘Featured Ideas’ section for additional tips and charts on major currency pairs and individual stocks.

Traders must deposit a minimum of $1,000 to unlock all features available at Vantage. Social traders have access to three third-party providers plus the embedded MT4/MT5 solution, ranking Vantage among the most competitive MT4/MT5 brokers. Trading conditions are ideal for scalpers, algorithmic, social, and manual traders alike. Like most other brokers, Vantage FX offers three live accounts with increasing minimum deposits linked to tighter spreads and other account benefits.

VANTAGE FX warns all potential traders that Forex and CFDs trading always carries a high level of risk and may not be suitable for all investors. CPA Affiliates get complimentary access to CellXpert, via the Vantage FX partnership with that state-of-the-art marketing platform. The partnership is available for both corporate clients and individuals worldwide. One of the partners is the previously mentioned oneZero, a partnership that provides Vantage FX with crucial trading technology, including the oneZero MT4 Bridge platform.

You should be aware that you may lose a significant portion of your portfolio. In this review, we will take a detailed look at the key aspects of Vantage FX to enable you to make the best-informed decision possible when choosing your next top forex broker. This risk is  higher with Cryptocurrencies due to markets being decentralized and non-regulated. In order to enjoy this extra cash in your account, you need to make sure your trading volume is positive.

By reading this snapshot of the market, however, traders will get an idea of the average trader’s mindset and therefore take advantage of the supply/demand imbalances that may result. Vantage FX offers a broad range of trading tools, including MT4/MT5 Smart Trader Tools, VPS hosting, sentiment indicators, and Market Buzz. Those afraid to risk real money on trading will be glad to learn that Vantage FX has introduced an unlimited MT4 demo account.

Withdrawals are usually actioned within 24 hours, but it can take up to 7 days for the funds to be received into your bank account depending on your provider and the method chosen. A major part of our Vantage FX review involved examining the various accounts on offer, with some good options to choose from. Withdrawals by means of certain methods may be processed within a day but depending on bank services it may take several days for the money to be available. Vantage FX does not charge any internal fees for deposits or withdrawals.

However, the funding methods vary based on the base currency pairs and residency of the account holders. The users need to deposit the funds when trading CFDs only through their individual account bearing their name; no third-party payment methods are allowed on the platform. The pro ECN account is a step up from the raw ECN as it is targeted to professional traders and investors who use high volumes at a time. It has the most advanced trading features to benefit any high rolling forex trader.

For the purposes of this review, we found customer support via live chat extremely responsive and polite. They were also able to answer all of our questions satisfactorily. Traders should be aware that as forex is a decentralised market, Vantage FX’s sentiment readings are of the Vantage FX book only.

Vantage FX was founded back in 2009 with the founders consisting of a highly specialized team with experience in technology, forex, and finance. Thus, Vantage FX is a reliable CFD and forex broker that offers a handful of product offerings like forex pairs, cryptocurrencies, and CFDs. The platform is perfect for beginner traders and for those who want to trade in for low budgets. While the broker’s research and educational offering continues to expand, Vantage FX has a ways to go to compete with some of the top rated forex brokers in this category. As per the broker review, the low trading fees (or spread), no inactivity fee, etc add up to the platform’s convenience for new traders. MetaQuotes has integrated all of the features of MT4 and upgraded them before embedding them to the MT5 platform and thus it has become the most sought-after forex trading platform to date.

The MetaTrader has already been tested many times and is highly developed. Our tests and experiences confirm this because we like to use the MetaTrader ourselves. In the following section, we will introduce you to the features and functions of the trading platform. Overall, it is very clear that Vantage FX is a well-trusted broker offering an excellent all-around service to traders.

All financial transactions take place in the secure back office of Vantage. Regrettably, Vantage appears to not offer Trading Central services as the popular MT4/MT5 plugin but opted for the e-mail service. Equity traders get large-cap CFDs, ideal for retail traders who follow trending names on social media, but Vantage fails to offer ETFs, which is another regrettable oversight.

However, no matter which kind of account, Vantage FX trading platform offers you access to MetaTrader 4, MetaTrader 5, mobile trading app, Web Trader, and more. Vantage FX mobile trading app can be accessed on any Android and iOS device. 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. Regardless of account type, Vantage FX clients get access to MetaTrader 4, MetaTrader 5, WebTrader, and mobile apps for trading platforms.

It allows customers to customize price charts using various chart studies and trade indicators and match them with various other forex traders. Thus, it gives a plethora of account options to traders to choose from no matter what trading style they follow. Vantage offers customer support 24/7 through various channels such as email, live chat, and phone. They also provide a comprehensive FAQ section on their website to answer common queries.