Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice. Please consider contacting a professional advisor if you require any financial assistance. BestBrokers.com does not assume liability for the financial https://worldtradex.club/ losses our readers can potentially incur while trading with the online brokers we shortlist.
As you review Vantage FX for yourself, you will appreciate its mobile compatibility. The Vantage https://worldtradex.world/ FX application works with both iOS and Android devices and lets you easily trade on the go without missing any main features. In addition to supporting Expert Advisors, MetaTrader 5 supports advanced EA backtesting algorithms to help you choose which ones to use.
ProTrader Tools
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. Client funds are kept in a segregated custodial account held with NatWest bank. The broker also protects personal information, as detailed in their privacy policy. Platforms are password-protected and encryptions are used to protect sensitive data and payment information.
Vantage FX trading platforms
We consider a standard account to be the one that will appeal to most traders, often not the cheapest option but not a premium option either. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. As Vantage continues to grow and innovate, these awards serve as a strong foundation for further advancements in trading technology, market access, and client-focused solutions.
Desktop platforms
They include spreads, commissions, overnight and rollover fees, and currency conversion fees. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
Vantage FX is a reliable and trustworthy broker regulated by top-tier authorities, including the FCA, ASIC, and CIMA. On top of that, the broker secures your funds in segregated accounts, where they are free from any interference. Traders can also apply for a non-expiring demo solution by contacting customer support via email. Vantage FX platforms are open for trading 24/7, so weekend access is available. With that said, session times vary across each market – refer to the ‘Trading Hours’ section on the broker’s website for a breakdown of opening hours. The mobile platforms have the same functionality as the desktop platform, such as viewing prices in real-time, placing trades and managing pending orders.
- There are account types that will appeal to all types of traders, from beginners to experts, and the minimum deposit is highly accessible at just $200 (£2,000 for UK clients).
- ZuluTrade has more than 10,000 professional traders for you to copy, which you can sort via ZuluRank.
- While this account type does not incur any swaps or interest charges on overnight positions, the account holder is charged an administration fee on trading positions.
Trading Instruments Comparison
Featured Ideas gives you access to fundamental and technical trade ideas that are based on back-tested strategies. The feature includes custom filters, an educational component, and real-time trades. Market news feeds are incorporated into the primary trading platforms, letting you review Vantage FX instruments and news in one place. This type of news feed is found on the MetaTrader platforms as well as the Vantage FX application.
Vantage FX does not charge any internal fees for deposits or withdrawals. However, payments to and from overseas banking institutions may attract intermediary transfer fees from either party independent of Vantage FX. Vantage FX’s financial institutional partners calculate the daily released rates using risk-management analysis. As a result, each forex currency pair has its forex swap charge, and interest is paid on currency sold and received on currency bought. A $4.0 commission for a 1 Lot trade on the Pro account is very competitive.
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. The broker provides traders with MT4 and MT5 demo account, which traders can use to practice their trading strategies on over 180 financial instruments without risking real 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.
You can also use trading signals, either the thousands created by professionals, or the ones you create with the MQL5 programming language. Vantage FX has also won an impressive range of industry awards, which shows that you are trading with an accomplished and reputable firm. Awards include Financial Trading Services Provider of the Year from CV Magazine 2019 and, in 2018, the broker was the Fintech Awards winner for Financial Trading Services Provider of the Year. It also earned the same honor from both the Global 100 and the Fintech Awards in 2017. Impressively, Vantage FX does not charge inactivity fees, which are common among competitors. This is a very strong point in favor of Vantage FX, especially for those who are new to trading and may trade inconsistently.
Vantage is a privately owned multi-asset broker regulated in various jurisdictions. Note, the minimum lot size is 0.01 while the maximum lot size is at 100.0. Clients can refer to the ‘Market Watch’ panel on the MT4 platform to get the most up-to-date swap rates and live spreads.
Leave A Comment