Vantage FX Review 2023: Get in-depth Review Before You Start Trading

vantage fx reviews

This means there is no conflict of interest between the broker and the trader. Some brokers only earn on the loss of traders and do not sell the orders to the markets. As you can see on the homepage of Vantage Markets, there is high transparency. The broker is an actual ECN broker (see Liquidity Provider) and only earns on the spread and paid trades commissions.

Vantage FX’s platform support is average compared to other similar brokers. Vantage FX offers a limited range of base currencies compared to other similar brokers. Overall, Vantage FX’s account-opening process is fully digital and hassle-free and accounts are ready for trading within 24 hours. When making this calculation, we used one lot of EUR/USD as a benchmark as it is the most commonly traded currency pair and it usually has the tightest spread.

Market Analysis Materials

No matter what it’s wrong with, but it’s not us because we also press to receive rights according to the App of the broker that reminds us to join the event. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. I have proof with a screen shot, but unfortunatly it can not be uploaded here. Their upload button in their customer care investigation ticket doesn’t even work.

  • Traders will then pay a subscription fee based on the length of their preferred contract.
  • Vantage Markets processes withdrawals every business day during regular working hours.
  • This is something that even the most experienced traders appreciate, as it’s such a useful tool.

Additionally, Vantage FX believes that trust must be earned, something the company feels helps differentiate it from competitors. To earn that trust, Vantage FX always actively promotes integrity and ethical practices and offers the best possible services. Vantage FX makes transparency a priority, particularly given that the forex industry is frequently cloudy. Because of this, the company goes above and beyond to ensure it is fully available to meet the needs of clients and continue delivering reliable and exceptional services.

Watch our in-depth review of Vantage FX!

A trading bonus is offered to the loyal users of Vantage FX that allows them to earn huge rebates via the Active Traders Promotion. However, such rebates are only available to users having an account balance of $10000 or more. The broker offers the following deposit options- Cryptocurrencies, Bpay, Credit Card, FasaPay, Neteller, PayPal, Moneybookers, Poli, Skrill, and Wire Transfer (bank transfer). The email response times can vary from a response within 30 minutes, or you may have to wait up to two days.

  • Overall, Vantage offers a wide range of trading instruments and platforms, with competitive spreads and no commission on trades, making it an attractive option for traders.
  • Our Vantage FX review uncovered transparent pricing, low fees and a good range of helpful tools to help guide and inform your trading decisions.
  • With a forex broker, this is also the case and an area that Vantage FX clearly treats as a top priority to ensure you the best possible trading environment.
  • Positions can be opened and closed in a few seconds via smartphone.
  • Therefore, there is also additional protection by liability insurance of 20 million USD.
  • There is a typical spread of 1.1 pips charged on the EUR/USD in the Standard STP account, from April 2021.

Withdrawal requests are typically processed within one business day, and the time it takes for the funds to reach the client’s account depends on the withdrawal method used. Please note that the spread and commission may vary depending on the account type and trading platform used. While we were not able to locate your specific case, we wish to resolve any remaining issues as swiftly as possible. As such, we invite you to contact us directly via phone, live chat or email at Vantage also has regulation by the UK’s Financial Conduct Authority (FCA), which offers client protection through the Financial Services Compensation Scheme (FSCS).

VantageFX Offers Three Kinds of Trading Accounts:

Opinions, market data, and recommendations are subject to change at any time. Vantage Markets is legitimate because of its multi-award-winning customer service, which you may contact by phone, email, or live chat. Lastly, we must remember XTB as another alternative, best if you are looking for a broker which has been on the market for close to twenty years now. The company has offices in more than 13 countries, including UK, Germany, France, and Chile.

The multi-asset brokerage aims to provide exceptional financial services, adhering to FSCA’s regulatory requirements. The license will enhance Vantage’s reputation as a trustworthy global broker. To withdraw funds, clients need to log in to their Vantage account and go to the “Withdrawal” section. From there, they can select the withdrawal method and follow the instructions provided.

Vantage FX Bonuses & Promotions

It maintains regulation from some top-tier authorities, including ASIC of Australia and the FCA of the UK. This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. 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.

vantage fx reviews

Vantage FX ranks among the Best MetaTrader Brokers, and Best Copy Trading brokers. Vantage FX distinguishes itself from other MetaTrader-only brokers by offering a diverse range of additional add-ons and compatible 3rd party platforms and tools. Vantage FX keeps the trading costs low by offering tight spreads from 0.0 pips if you use the raw ECN account. They understand that customers want to maximise their profits as much as possible in this highly liquid forex market. Our Vantage FX review UK found that this broker offers an excellent level of security. Founded in Australia, it holds an AFSL (Australian Financial Services Licence) with the ASIC (Australian Securities and Investment Commission).

There is also support for MAM/PAMM, MyFXBook AutoTrade, and ZuluTrade. Zulu Trade offers social trading and MyFXBook AutoTrade offers automated trading. For the PRO ECN account types, the trading fees (or spread) at Vantage FX are the most competitive; it charges a commission of $2 on each side (on a $4 per round turn). This broker also implements an advanced MQL5 programming language for providing a better EA and automated trading experience to users.

Interested users only need to create a Vantage FX live account and fill out the ZuluTrade ‘Opt-in form’ and then link it with the ZuluTrade social trading platform to begin. Switching from one MetaTrader platform to the other is seamlessly easy and that is what MT5 users enjoy on the Vantage FX platform; they can seamlessly switch from MT4 to MT5 trading platform. New Vantage FX traders can simply fill in a form and they will be able to use MT5 within a few minutes.

What is the minimum deposit for Vantage FX?

At Vantage, the minimum deposit amount is $50. This means that you have to deposit at least $50 to be able to start trading. After you have completed the registration and verification process, you need to fund your account to start trading. Here's tip: don't worry if you decide to switch brokers after depositing.

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