The Standard (STP) account is designed for both beginner and experienced traders, offering a straightforward trading experience with no commissions. With this account, clients can trade a wide range of assets, including 49 currency pairs, 25 indices, 51 ETFs, 22 commodities, and over 800 share CFDs. Vantage offers sentiment indicators as a valuable tool for clients to gauge the overall market sentiment toward specific financial instruments.
Vantage FX Customer Support
Clients who wish to use e-wallets for deposits and withdrawals should have an active account with their chosen e-wallet provider. After logging in to their Vantage account, clients can select their preferred e-wallet option in the deposit or withdrawal section and follow the on-screen instructions. E-wallet transactions are typically processed instantly or within a few hours. Vantage offers a Forex Virtual Private Server (VPS) service, allowing clients to run their automated trading strategies 24/7 without the need for a personal computer.
- The group has an individual entity designed specifically for its UK services, with its clients protected by FCA’s regulatory framework through Vantage Global Prime LLP.
- Overall, Vantage’s range of promotions and bonuses demonstrates its commitment to rewarding its clients and providing them with additional value for their trading activity.
- In addition to superb trading conditions, you get access to Trading Central which I believe is a great tool for market analysis and generating customised trading signals.
- These commodities are often impacted by weather conditions, supply, and demand factors.
- Vantage also offers indemnity insurance that covers the work done by its representatives, employees, and other authorized individuals.
Pros and Cons
Here you can expect the same levels of consistency and excellent performance that are always delivered by these renowned trading platforms. Fees with the broker are kept as low as possible, with most funding https://traderoom.info/an-overview-vantage-fx/ and other operations being free of any fee. The spread with the broker also remains one of the most competitive in the industry, starting from 0 pips on some major markets depending on the account type.
Minimum Deposit
This way, the risk of fraudulent behavior by the brokerage is kept at a minimum. Vantage FX does not accept third-party payments, so all funds deposited into your trading account must be under the same name as your Vantage FX trading account. Payment from joint bank accounts or credit cards is accepted if the trading account holder is one of the beneficiaries. 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.
Trading Instruments
From any page on the Vantage FX website, you can click on the Chat button in the lower right corner of the screen to begin a live chat. Over the years, Vantage FX has earned honors around the world from respected publications and organizations for premium level service and vast offerings. The main points of the fiber optic server network are in New York and London, which account for live servers 1 and 2.
Why is a Demo Account Important?
In case you are wondering how these commissions compare to other brokers, Ross Collins did an extensive comparison. We think you will agree that commissions with VantageFX are very good when you see our commission test results. With its affordable prices and a selection of over 50 lower-risk securities, I assess Vantage to be a great choice for day traders and position traders.
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. 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 PRO ECN is aimed at professional traders and money managers who need to trade high volumes. The minimum deposit required is $20,000 with variable spreads starting from 0 pips and commission from $2.
The economic calendar from Vantage FX lets you view upcoming events that will impact the market, including their location, the currency affected, and the predicted impact. The program is transparent, showing your earned rebates that you can then withdraw or trade whenever you want. To take advantage of the rebate program, you should deposit a minimum of $1,000, which will let you earn as much as 10 percent of the deposit back via rebates.
In our reviews, we examine the licenses and regulations of each entity operated by a broker. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. 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 https://traderoom.info/ 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. 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.
At Vantage, they hold themselves to the highest regulatory and security standards so you can invest through them with absolute peace of mind. I have found them a dream to deal with so far and can highly recommend them for trading online. They really go above and beyond to ensure that they are implementing the latest innovative technologies to remain at the forefront of the online brokerage industry.