Vantage’s proprietary ProTrader platform stands out with its robust charting and professional design. It is powered by TradingView, which is arguably the best charting software in the industry. Price action is represented clearly and in great detail, and traders can easily scale the charts up and down and examine minor alterations. Its spreads consistently outperform the industry average, except for FX pairs on the Standard account, which remain in line with industry norms. The broker does not impose a handling fee on deposits or withdrawals, except for withdrawals via international bank transfer, which are liable for a $20 fee.

Their range of available financial assets compares fairly to other big brokers, such as OANDA and Fusion Markets. Some exciting features you will enjoy from this platform include three real-time chart types with nine timeframes, good drawing tools, various technical indicators, and more. This is unlike most financial firms that would charge a certain sum on trading accounts after a prolonged period of inactivity.

Experience the ProTrader Difference

• Vantage FX clients may also trade debt securities through the Bonds CFD section at the broker.
• Additionally, social trading features are available through ZuluTrade and Myfxbook, which can be integrated with your Vantage account.
• It should be noted that Crypto CFDs are available only in certain regions, which include some LATAM countries.
• The ECN account and the fast execution times seems to be popular with the majority of the traders.

Yes, Vantage offers trading on cryptocurrency CFDs, allowing traders to speculate on price movements without owning the underlying assets. Vantage offers a variety of account types, including Standard STP, Raw ECN, and Pro ECN accounts, to accommodate different trading strategies and needs. Yes, Vantage offers demo accounts via MetaTrader 4 and MetaTrader 5 for traders to practice without financial risk. Vantage offers tight spreads and low commissions that vary depending on the chosen account type. Traders at Vantage can engage with over 20 global indices, encompassing major markets such as the US, UK, Europe, and Asia. Key indices include the NASDAQ, FTSE 100, Dow Jones, and recent additions like the Taiwan Stock Exchange Index (TWSE) and the Straits Times Index (STI).

Platforms and Tools

• I opened a Standard account with the Vantage Global Limited entity and performed my tests on the desktop and mobile versions of the MetaTrader 5 platform.
• The broker also offers a choice of trading platforms, diverse tradable instruments, and top-tier market research and educational content.
• These unique indicators allow for gauging the overall market sentiment, providing traders with valuable information about current bullish and bearish trends.
• Clients are offered various platforms, including the Vantage mobile app, MetaTrader 4, MetaTrader 5, ProTrader, and TradingView.
• Vantage offers a range of trading platforms that accommodate traders at all experience levels.
• Vantage offers a variety of account types, including Standard STP, Raw ECN, and Pro ECN accounts, to accommodate different trading strategies and needs.

Vantage FX offers ECN spreads for the Raw ECN and Pro ECN account types, but the Standard STP account has marked-up spreads. The commission fees are competitive, and there are no additional fees on top of overnight financing charges. When compared to the industry averages, Vantage has a reasonably competitive system of fees and commissions in place. The fees you get charged on trades will vary depending on which of the three account types you have, with the Standard STP account offering zero-commission trades. The Raw ECN account and the Pro ECN account provide trades at $3 and $2 per trade (each way), respectively. While not the lowest commissions we have seen, these are nevertheless very competitive and are just below industry averages.

There is no handling fee for deposits or withdrawals, except for withdrawals via international bank transfer, which are liable for a $20 fee. A key advantage of trading CFDs is the ability to enter and exit the market almost instantly, enabling traders to capitalize on even minor price fluctuations in the derivative. Contracts for Difference (CFDs) are financial derivative instruments that allow traders to speculate on the price movements of an asset without owning the asset itself. I discovered that Vantage offers an average number of currency pairs and a high number of commodities, share CFDs, indices, and cryptocurrencies. ProTrader also features over 150 technical indicators, drawing tools, and chart configurations.

Vantage presents traders with a compelling proposition of tight spreads and https://worldtradex.live/ low trading fees, particularly through our RAW ECN account. Vantage can be suitable for beginners due to its intuitive trading platforms, access to educational materials, and efficient customer support. The ECN account and the fast execution times seems to be popular with the majority of the traders.

What we did appreciate was how transparent and open Vantage is about the fee structure, with this information being very easy to find through the website. It’s an online hub that offers a diverse selection from over 90,000 proven Forex trading systems. The funds that traders deposit into their trading accounts at Vantage are safe and secure. This is because of the preparations that the broker has made to ensure that the funds of traders are protected.

These instruments allow traders to speculate on broader economic trends and diversify their market exposure. Vantage also offers negative balance protection, giving clients peace of mind that they cannot lose more than their account balance, even during periods of heightened market volatility. All data transmissions are protected through Secure Sockets Layer (SSL) encryption, and the broker supports two-factor authentication (2FA) to reinforce account security during login processes. These measures collectively work to prevent unauthorized access and protect personal and financial data from cyber threats. Vantage provides comprehensive customer support to address traders’ needs effectively. Available 24/7, their support team assists with live chat for immediate solutions and phone and email for more detailed inquiries.

Available trading instruments at Vantage

BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist. Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk. It is, therefore, unsuitable for those who lack proficiency and sufficient experience. According to its website, Vantage is founded on the values of accountability, transparency, Worldtradex courses scam reliability, integrity and trust. As such, it is quite clear that Vantage takes its regulatory obligations seriously, making this broker one of the safest around.

Account Types and Terms

Execute trades with unerring accuracy, leveraging multiple order types, and visualizing pivotal data, including pip and trade values in dollars, all tailored to suit your trading needs. Synchronize the GMT of your trading charts either to your local time or to the operational hours of your preferred trading instrument, enriching your trading experience. The Vantage App is embedded with an array of intuitive trading tools and technical indicators such as Moving Averages, Bollinger Bands, MACD, accompanied by 9 timeframes for comprehensive technical charting.

Does Vantage operate a bank?

Overall, Vantage is an excellent choice for traders of all styles, including day, swing, position, crypto, copy, and algo traders. Yes, Vantage allows hedging, enabling traders to open multiple positions in the same or opposite directions to manage risk effectively. Yes, Vantage provides VPS (Virtual Private Server) services for clients who need stable and high-speed connections for their trading activities. You can deposit funds into your Vantage account using various methods, including bank transfers, credit/debit cards, cryptocurrencies, and electronic payment systems such as Skrill and Neteller.

Traders can use it to achieve stable internet connectivity and ultra-fast order execution speeds averaging 5 milliseconds. Vantage’s MT5 platform is available on Windows and Mac and supports 52 languages, including English, French, Spanish, German, Arabic, Chinese, and more. The Vantage Raw and Pro accounts offer even more favorable conditions, beating the typical ECN account. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates.

In total, Vantage offers 24 different CFDs across a range of different financial instruments and assets. Secure your position in the world of Forex and navigate the financial waters with insight, precision, and confidence. Empowered Automated Forex Trading by Myfxbook Vantage is delighted to collaborate with AutoTrade to offer our Forex traders access to one of the most acclaimed FX copy trade services in the market. AutoTrade stands as a premier account mirroring service, allowing you to seamlessly replicate trades from proficient and successful FOREX trading methodologies.

With MT4, traders can enjoy flexible chart settings, many technical indicators, and a user-friendly interface for efficient trading. Vantage offers a variety of account types, which can meet the needs of most traders, from beginners to professionals. Standard accounts, ECN accounts, copy trading, and social trading provide flexibility and various options for different strategies and trading styles.

Witness the confluence of knowledge, experience, and innovation, propelling your trading endeavors to unprecedented heights. Adherence to the terms and conditions is paramount to ensure a seamless and enriching trading experience. Embarking on the ProTrader journey unveils a repository of technical indicators and oscillators, enabling true chartists to dive deep into market analysis. It boasts a spectrum of drawing tools including, but not limited to, trend lines, Fibonacci retracements, and Gann & Elliott Waves, offering traders the meticulousness required for accurate market assessment. Whether your trading style is scalping, swing trading, or long-term, ProTrader caters to all, offering a panoramic view of the markets with unparalleled precision.