With such a variety of trading instruments available, clients can diversify their portfolios and take advantage of different market opportunities. 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. This package includes a range of advanced features, such as a trade terminal, correlation matrix, and sentiment trader. Clients can also access a range of expert advisors and custom indicators designed to enhance their trading experience on the MetaTrader platforms.
- Generally speaking, Vantage will not apply any additional fees, though this may depend on your bank.
- Vantage offers its own proprietary trading app, alongside the standard MetaTrader suite of mobile apps.
- With Vantage FX, you will enjoy the benefit of super-fast trade execution and interbank grade RAW ECN spreads with no dealing desk intervention.
E-wallet transactions are typically processed instantly or within a few hours. Clients can transfer funds directly from their bank account to their Vantage trading account. To initiate a bank wire transfer, clients should obtain the necessary bank details from Vantage’s website and provide them to their bank. The processing time for bank wire transfers may vary between 1-5 business days, depending on the banks involved. Vantage offers several funding methods, including bank transfer, credit/debit cards, and e-wallets such as Neteller and Skrill.
Account Types
Vantage’s proprietary trading platform, ProTrader, is designed specifically for experienced traders seeking advanced tools and features. With a highly customizable interface, Vantage ProTrader provides access to advanced charting, one-click trading, and detailed market depth. Additionally, ProTrader users can take advantage of customizable watchlists, charts, and a range of order types to implement complex trading strategies effectively. When assessing a forex broker’s reputation, Trustpilot is one of the most trusted review platforms out there. Vantage FX has a Trustpilot score of 3.4 out of 5 based on over 1,900 reviews. This excellent rating indicates that the broker has a solid track record of providing traders with excellent trading conditions, reliable customer support, and a safe trading environment.
Withdrawal fees
If you’re just starting out, or you only going to take the occasional trade, the standard account is probably right for you. Clients’ funds are held in fully segregated accounts with the AA- rated National Australia Bank (NAB). National Australia Bank consistently ranks among the top 20 safest banks worldwide. Under the Australian government guarantee, all National Australia Bank deposits are protected, which improves the overall safety of your funds.
The broker also has a stringent privacy policy in place, ensuring that clients’ data is not shared without their explicit consent. Lastly, Vantage has a compensation scheme, which assures its clients that it offers protection for their funds in the unlikely event of the broker’s insolvency. Vantage FX offers swap-free trading on both the Standard STP and Raw ECN accounts. Both Swap-Free Standard STP and Swap-Free RAW ECN accounts are designed for traders who are unable to receive or pay swaps due to religious beliefs. 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.
Access 40+ Forex Pairs
Vantage FX allows you to trade the energy markets via the MT4 and MT5 trading platforms. The CFD broker offers the most popular energy commodities, such as crude oil, natural gas, gasoline, and heating oil, allowing you to take advantage of fluctuations in the prices of those commodities. Vantage FX allows traders to trade the world’s most liquid Stock Exchange indices — S&P 500, DAX, FTSE, DJ30, and limefx scam more — through the MT4 and MT5 trading platforms. Thanks to the broker’s oneZero™ MT4 Bridge, traders can enjoy the fastest execution speed. The prices of all Vantage FX Indices are based on the underlying price of the index’s corresponding stock market. Vantage also offers a diverse range of tradable assets, including over 49 currency pairs, 25 indices, 51 ETFs, 22 commodities, and 800+ share CFDs.
All CFD trading products are available for spread betting and since they both have the same underlying instruments, the spread or points will be the same. Spread betting accounts do not have commission costs in addition to the spread. If you’re a serious trader and you’re going to be doing a lot of volume, or making a large amount of trades throughout the day, you’ll probably want to save on trading spread costs with an ECN account. All-in-all, to keep it simple, for most traders, you’ll be choosing between a standard account and a raw ECN account and most of the time this will be the RAW ECN account.
Does eToro or Vantage offer lower pricing?
Vantage maintains stringent anti-money laundering procedures, and as such, clients are required to verify their identity before making their first withdrawal. This process involves submitting proof of identity and proof of residence documents, ensuring a safe and secure trading environment for all its clients. Traders are advised to familiarize themselves with the broker’s deposit and withdrawal policies to ensure a smooth and seamless transaction process. It’s important to understand that each account type comes with its advantages and trade-offs.
Currently, Vantage FX offers 50 share CFDs from the US stock exchanges, over 70 share CFDs from the UK and European markets, and 50 share CFDs from the Australian market. You can speculate on some of the largest companies from the United States, the UK/Europe at $6 and €10 per trade, respectively. This is unlike most financial firms that would charge https://limefx.group/ a certain sum on trading accounts after a prolonged period of inactivity. Finally, let us compare Vantage FX Standard Account average spreads with those other major brokerages offer on the three most actively traded Forex pairs. So, the Pro ECN Account is the cheapest of the three accounts, which is why it is offered to high-volume traders.