VantageFX Review year Pros & Cons Revealed

vantage fx reviews

The review highlights where the broker is available to trade from and includes just a desktop site or a mobile app. Check out our website to discover if you can trade on Vantage FX in the UK and other countries worldwide. You can use many forex trading strategies, so finding the one that works for you is an excellent idea. Thankfully, the MetaTrader vantage fx reviews platforms are equipped to work with these strategies, including day trading scalpers and even have automated trading options for more advanced Vantage FX investors. In this review of Vantage FX, we found a free unlimited Vantage FX demo account for all customers. You have access to the demo account once you have joined Vantage FX.

Zulu Trade offers social trading and MyFXBook AutoTrade offers automated trading. Vantage FX is transparent with strong regulation, lets clients trade on the powerful MetaTrader 4 and MetaTrader 5 platforms, and offers lightning-fast trading execution. It also offers the ability to trade forex, commodities, cryptocurrencies, and indices. Moreover, there are no inactivity fees or any internal deposit or withdrawal fees charged on the platform.

The broker offers a complete package for the beginner or advanced trader. In case of significant problems, the support can access your computer via external software (Teamviewer). Vantage provides educational resources to its clients to help them improve their trading skills and knowledge.

In particular, the provider is recommended for traders who want transparent and secure trading. You must deposit at least $ 500 for the RAW ECN account and at least $ 20,000 for the PRO ECN account. The capitalization of the trading account is elementary and works through proven methods.

Further support for their trusted reputation can be found in the fact that they are a multi-award-winning broker with a history of compliance dating back more than a decade. Vantage FX traders can open an account on the platform through different account options and each account, yes, can be easily opened. Vantage FX does not charge any inactivity fee for any of the account types. It also does not charge any fees for trading in any of the available order types and provides the perfect trading conditions.

Overall, Vantage FX’s CFD offering is limited to other brokers, which may leave more experienced traders dissatisfied. Vantage FX offers a wide range of payment methods, while and deposits are free, some withdrawal methods incur a fee. Its Standard Account has a minimum deposit of 200 GBP, making it accessible to beginner traders.

Deposits & Withdrawals

Similar to other multi-national brokers, offerings differ significantly by the entity. For example, Cayman Island Vantage Markets brand offers about 50 trading instruments more than the Australian entity; social copy-trading is not available with Australian entity either. Traders are advised to check up-to date details before opening an account. Vantage has acquired a derivatives license from South Africa’s Financial Sector Conduct Authority (FSCA), marking a significant expansion into Africa.

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Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the Vantage FX offering.

📍 Traders of Vantage FX can access

The broker provides an excellent selection of educational content for traders of all levels. This includes detailed guides, videos, and step-by-step tutorials on everything from how to get started in trading, to getting the most out of their trading platforms. Vantage FX also allows its users to access copy trading features like Myfxbook autotrade, DupliTrade, ZuluTrade, and MetaTrader Signals through its Metatrader trading platform. For this Vantage FX has teamed up with numerous  social trading platforms. This feature of social trading gives Vantage FX, an upper edge over its peers.

  • Prices can be viewed in real-time, and the MetaTrader platform allows you to carry out all the basic functions of your trades
  • This risk is  higher with Cryptocurrencies due to markets being decentralized and non-regulated.
  • Overall, Vantage FX offers a good pricing environment and caters to traders of all experience levels.
  • Among the latest recognitions, this platform achieved the Financial trading services provider award in 2017, 2018, and 2019 where its ECN trading environment helped to achieve massive users adoption.
  • Faster execution speeds, tight spreads, and powerful charting capabilities are some of the unique features offered by the MetaTrader5 platform that helps users gain a trading edge over MT4 users.
  • You can get access to crucial data such as prices on Vantage FX (on request).

Vantage offers traders the most popular online forex trading terminals on the market- MT4 and MT5 trading platforms. MT4 trading platform from VANTAGE FX comes with a wide range of powerful chart types and supports desktop, web, and mobile devices, etc. MT5 offers a full suite of trading needs, including forex, commodities, and indices, with all quotes from liquidity providers at your fingertips. MT5’s two account types (Equity and Hedge) make it easier for traders to manage their accounts in the way they want. Based on the available information, Vantage appears to be a reliable broker. It is regulated by top-tier authorities including ASIC and the FCA, offers negative balance protection, ensuring clients cannot lose more than their account balance.

Deposit & Withdrawal Options

One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs.

In the award-winning MetaTrader 4 and MetaTrader 5 platform, Vantage has been able to provide service as more than just a Forex broker. Unlike some brokers, our Vantage FX review found that there are no charges for opening an account or for depositing funds, just as you’ll find in our Bitpanda review and our Coinbase review. If you’re hoping to find an online broker with access to a wide range of forex and CFD instruments, you need to come and check out our Vantage FX review.

Traders get the full suite of MT4/MT5 trading platforms, consisting of a desktop version for algorithmic traders, a lightweight web-based version for manual traders, and a mobile app. Vantage also developed a proprietary mobile trading platform, Vantage App. Vantage ProTrader powered by TradingView offers another alternative for manual traders to consider.

vantage fx reviews

This means you can place your stop loss and let the trade run its course. The broker has in place regulation from several well-respected regulatory bodies around the world. These include oversight from ASIC in Australia, the FCA in the UK, and offshore from the CIMA in the Cayman Islands, and VFSC in Vanuatu. This positions them well as a broker with top-tier regulation in place but also allows them to offer a degree of flexibility through the additional offshore regulatory bodies. Vantage Fx’s educational materials are comprehensive and well-presented, but not as good as the best Forex brokers in this space.

Whatever type of trader you are and however large or small your volumes, everyone can benefit from using the free demo. It is easy to
sign up for and only requires a name, email address and telephone number. You can also use Facebook and LinkedIn logins to open the
account. This is the perfect opportunity to practise trading and get familiar with the platform either on desktop or mobile. Opening an account with Vantage is very easy where traders click on the Live account from the Homepage. Later on, it requires inputting the client’s name, email address, phone number etc.

The documents are usually confirmed under 24 hours (that’s how it was for me) and then all the functions of the trading account are available to you. Vantage is regulated by multiple authorities, but only clients with deposits at the UK entity enjoy investor protection. Vantage has an average forex selection, but its stock CFD offering lags behind that of its main competitors. Stock CFDs typically include the largest companies listed on the UK, US, European and Australian markets. In terms of cryptos, you can trade 34 products, like Bitcoin, Ethereum, Litecoin, Ripple, Neo, Terra and EOS.

Multi-account managers can customise needs and requirements through MAM or PAMM offering and MarketTrader is accessible from any browser and can be accessed with clients’ existing MT4 logins. Vantage FX offers automate trading through MyFXBook AutoTrade and ZuluTrade. Such a bonus is but a way to compensate traders for choosing a certain broker, since once the account is opened, the trader will have the same expenses as any other. The bonus is just a reward for the trader’s choice that gives some of these expenses back to the trader, once proving himself as an active trader. Vantage FX does not charge internal fees for electronic deposits or withdrawals, but some additional methods may charge fees. Withdrawals can be made manually or online and are processed daily.

  • Other brokers also offer these trading platforms for Australian traders, as you’ll see from our Avatrade review.
  • Vantage FX is all about low pricing, so you can trade using a transparent pricing structure with absolutely no commission fees.
  • We define beginner traders as inexperienced traders who have never traded before or have been trading for less than a year.
  • Social trading is available via the MyFxBook and mobile trading is available for iOs and Android (different versions for Smartphones and Tablets).
  • We invite you to contact us directly via phone, live chat or email at
  • It works well for the more skilled traders as you can use the leverage to your advantage and potentially generate more profit from the highly volatile market.

The Vantage Group underwent a major rebrand on November 16, 2021. As a result, they have dropped ‘FX’ from their name and they’ll be known as ‘Vantage’. According to the findings of our Vantage FX review, signing up for a trading account is quick and easy, and requires a minimum deposit of $200, or £200 if you’re accessing the UK entity. Aside from the opportunity to sign up to an affiliate program, there’s nothing much in the way of bonuses for new signups to the UK site. VANTAGE FX provides a selection of educational tools including a step-by-step guide Learn to Trade Forex, with a market overview, market analysis, and trading psychology. Webinars are regularly led by experienced market strategists and professional traders.

vantage fx reviews

In summary, Vantage Markets stands for a professional trading experience at low fees. If you are interested in investing or trading in the financial markets, then the first tool you will need to add to your toolbox is a brokerage account. They are online platforms that facilitate trades by connecting buyers and sellers for every transaction. Selecting the appropriate brokerage account for you is one of the most important decisions you will make in your trading career. The brokerage account you select will have an impact on everything from the fees and commissions you are liable for to the assets you have access to trade.

The platform is under regulation in 3 jurisdictions, including CIMA and SIBL, and offers access to over 300 currencies, commodities, Share CFDs, Indices, and much more. Vantage FX provides forex traders access to the most liquid stock exchange Indices from across the globe, including the S&P 500, DAX, FTSE, DJ30, and more. CFDs are complex instruments that also encounter a high risk of losing money, & thus they require careful strategies to follow. Traders can thus trade on real terms and simulate real money trading without risk. 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.

Other brokers that don’t charge a minimum deposit or are considerably lower usually attract new customers to compete with the competition. Vantage provides a diverse range of trading instruments to cater to the different trading needs of its clients. It offers trading in major, minor, and exotic forex currency pairs, as well as popular indices, such as S&P 500, NASDAQ, and Dow Jones. In addition, Vantage also offers trading in precious metals, including gold and silver, soft commodities, such as coffee, sugar, and wheat, and energy products, including crude oil and natural gas. Clients can also trade Exchange Traded Funds (ETFs), share CFDs, and bonds.

How legit is Vantage FX?

Is Vantage safe? Vantage is considered trusted, with an overall Trust Score of 89 out of 99. Vantage is not publicly traded and does not operate a bank. Vantage is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and two tier-3 regulators (low trust).

Vantage also has a range of trading platforms and tools, as well as competitive fees and spreads. However, there have been some negative reviews regarding customer service and the withdrawal process. Overall, it is important for individuals to conduct their own research and due diligence before deciding to use Vantage or any other broker. Vantage FX distinguishes itself from other MetaTrader brokers by offering additional platforms, including Zulutrade, and DupliTrade. ZuluTrade is one of the leading online (and mobile) Social Trading platforms in the world that has a large client base. ZuluTrade enables its users to locate successful and professional traders that are ranked by ZuluRank (a proprietary performance evaluation algorithm), and then follow their trades (copy trading).

The platform provides 30 indicators and 24 technical analyis tools on 9 time frames. It offers one-click trading and works on more than 5 different types of internet browsers. The quality of a brokerage’s customer support is always a vital consideration when determining which brokerage is best for you. This reality remains true regardless of whether you’re an experienced investor or a new trader looking to get started in the markets. I have only been with Vantage for a couple of weeks, but I have been trading for many years and have used many brokers.

How long does it take to withdraw money from Vantage FX?

3. Withdrawals are generally processed within 24 hours. Depending on the withdrawal method chosen, it can take between 1-7 business days for you to receive your funds.

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