Vantage FX is It a Scam? Reviews about Forex Broker

The partnership is available for both corporate clients and individuals worldwide. Thanks to this technology, Vantage FX can execute as many as 500,000 trades per millisecond and process as many as 150 unique price feeds at speed. Vantage FX uses a oneZero MT4 Bridge, which is a next-generation price aggregator that connects Vantage FX’s dark liquidity pool with the client’s MT4 platform. This oneZero MT4 Bridge is actually the only existing solution of a technically advanced nature that can handle the vast number of market orders that require execution and do so at high speeds. Vantage FX also has a strategic partnership with Equinix for a fiber optic network solution that connects its trading servers to the world. That partnership’s fiber-optic network helps guarantee the lightning-fast execution for every trade and gives Vantage FX a further advantage.

However, some additional methods may charge fees, so it is important to note this with your payment provider. Islamic accounts or Swap-free are available at the broker too, to those who are following the Sharia rules and require specific trading conditions. And of course, in the beginning, any trader can open a risk-free demo account with Vantage Markets. Vantage offers a collection of over 130 films as part of its Pro Trader videos, in addition to platform education for MetaTrader and similar platforms. Besides this, AvaTrade is beneficial for novice investors seeking a basic understanding of CFD trading.

How Withdraw Money from Vantage Markets Step by Step:

Customer service is available 24 hours a day, 5 days a week, from Monday to Friday. The live chat services cover Australia and Asia primarily and Europe in the morning. One of the unique features of the Vantage FX site has to be the Forex Academy. Here you will find a wealth of information for both new and experienced traders with a News Terminal, Expert Advisors, MT4 Smart Trader tools and signals and an economic calendar.

• Therefore traders can have the absolute best bid and ask price from the available price.
• Always check with your bank if you need to pay any international bank transfer fees even though there are no deposit fees.
• To do this, all you need to do is select the buy option of the trading window as demonstrated below.
• With the Standard STP account type, you will find a variable spread from 1.4 pips but you don’t need to worry about any commission.

Vantage FX is an STP broker with STP execution on their Standard STP Account. On this account, they act as an intermediary and execute your trades for you. Your trades are electronically transmitted to liquidity providers for execution so there is no dealing desk.

Account types

Vantage also offers a wide range of CFDs on commodities, indices, and shares. Potential traders should always do as much as possible research about speculative trading before commencing to do it. The forex trading software provided by a broker company to its clients is called the platform and is used to carry out their trades. For active traders, the Vantage FX platform offers a rebate of $8 per standard lot. However, the offer is currently only available on the Standard STP account, which has the highest spreads among all the available options on Vantage FX.

If you’re interested in the UK and European listed companies, Vantage FX offers over 70. They also have a wide range of US companies that are highly liquid and well-known, like Apple, Google and Coca-cola. We thought it was important to include the rules and regulation information in our review of Vantage FX to give you peace of mind. So, if you’ve looked at our review of HYCM and you’re new to the platform and wondering, is Vantage FX safe, we hope this can help you come to your own conclusion. Vantage FX provides a good selection of market analysis materials, but these are all curated by third-party providers.

RAW ECN Account

This is due to the reason that each brokerage firm will have different withdrawal alternatives. Each payment provider may have various transfer processing fees, varied processing times, and a currency translation fee. Conversion fees are determined by your base currency, receiving currency, and a payment provider. As a result, they may replicate these pros’ techniques on their Vantage MT4 and MT5 accounts by following their processes or automatically copying or duplicating their ideas. It makes sense to copy or duplicate trade techniques from the best traders since it allows you to spread your trading risk over numerous systems. All customer funding is kept separate from the company’s in a segregated account with one of Australia’s top-tier banks.

Vantage offers an unlimited number of demo accounts to open an account with this broker and get the real trading experience without verifying trading details. Moreover, this feature is suitable for new traders who want to get familiar with the market environment before investing money. 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.

For example, if you are looking to purchase and hold index vantage fx review for the long term, Vantage is likely not the brokerage account for you. Once your account is activated and proven, follow with the money deposit. Due to multiple regulations from various jurisdictions, Vantage Markets falls under particular regulatory restrictions which may apply differences between the offered leverage.

The available fund methods include Wire, Cards, Neteller, BPay and Skrill, and Vantage Fx supports also 6 different account currencies. Apart from a demo account, traders may also open joint accounts, company trading accounts and trust trading accounts, either as individuals or as a partnership. Vantage FX offers Islamic accounts and Professional accounts, with increased leverage, but less regulatory protection.

Commissions and Fees

We have found that the company complies with the financial regulations set out by the Cayman Islands Monetary Authority during our review. Moreover, Vantage has Professional Indemnity Insurance in place, covering the work done by company representatives. Vantage is a multi-assets trading platform headquartered in Sydney, Australia. Forex trading, also called currency or FX trading, involves the currency exchange market where individuals, companies and financial institutions exchange currencies for one another at floating rates.

You may technically fund your trading account with merely $50. With a Free Demo account, you may begin practicing trading right now. Vantage offers trading through its world-class MT4 and MT5 trading platforms where taking trading decisions are convenient for all levels of traders. Besides, Vantage offers to trade in Protrader, Webtrader, and several social trading platforms. Its RAW ECN account opens trading opportunities with 0.0 pips of spread and meager commissions that it is difficult to provide my brokers on relevant categories.

The strengths of https://traderoom.info/ FX are transparent order prosecution and liquidity delivery. This means that the broker is connected to a network of large liquidity providers who accept the order of the dealers. Vantage FX broker uses the most common and popular trading platform around the Forex world and market – MetaTrader.

Due to this constellation, the broker seems to have no interest in price manipulation. At the same time, the broker maintains that this business strategy allows him to live off the spreads. As a result, there is no guarantee that clients will trade at the liquidity pool’s initial prices, in our opinion. As one of the few brokers to offer a deposit bonus for adding funds of over $1,000, you can also enjoy added incentives. There is a choice of trading platforms to suit all preferences, and you can enjoy trading on the move. With strict regulation from ASIC and a good reputation with some good reviews across the board, there is no reason for Vantage FX not to be on your shortlist.

Vantage FX is a well- known company from Australia, which also serves transnational guests, but is Vantage FX a good forex broker or not? – In this review, you can read about my particular gests with the leveraged derivations online broker. Find out about the conditions for dealers and find out if it’s really worthwhile to invest your plutocrat there. But from the last 2-3 months, my experience has been below the worst. Tried contacting customer support, but everything has gone in vain.