Vantage FX Trading Platform Reviews, FAQs, Pros and Cons

After registering your account, you get to fund it and start trading within a short period, which creates perfect ECN trading conditions. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

We encourage you to review Vantage FX’s trading platforms and instrument offerings via a demo account before investing real money. This is easy to do, as opening a demo account takes a matter of minutes. The demo account comes limefx broker reviews with $50,000 worth of virtual funds and is compatible with MT4. It allows you to practice trading all available instruments, and to test your strategies. Our review of the Vantage FX forex broker found a vast range of payment methods, and the process of depositing and withdrawing is generally fast and easy.

• Those interested in social trading will want to review the Vantage FX forex broker’s compatibility with ZuluTrade.
• A full list of fees is readily available and easily accessed via the homepage – simply click on the payment options icon at the bottom right-hand corner of the homepage.
• We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.
• MT5 allows you to see where the big orders are sitting on the price ladder and lets you plan your trading accordingly.
• After meeting these conditions, the client can credit their account and receive a VPS cost refund of up to $50 directly to their trading account.
• The broker’s global user base, strong regulatory oversight and collection of industry awards are reassuring.
• With this in mind, I think ProTrader terminal is a better choice for intermediate traders or those who aren’t interested in exploring automated trading features.

Pro ECN Account

We covered how to sign up for a Demo Account and Live account elsewhere on this page. MT4 and MT5 are somewhat similar, MT5 is the successor to MT4 so offers much of what MT4 has but more charts, indicators and tools overall. I recommend the Raw ECN or Pro ECN accounts, as these offer ultra-tight spreads. The availability of the MetaTrader platforms and VPS also means that active day traders using automated systems are catered for. Looking at the downsides for day trading, execution speeds at Vantage aren’t the fastest. Based on my first-hand Lime Fx review, the limefx scammers firm is an excellent choice for traders looking for low fees, best-in-class tools and a range of global markets.

Mobile App

Both of these are compatible with your account type and excellent options for beginners or anyone who is short on time. The inclusion of social trading allows you to choose a professional trader that you trust and eliminate the need to complete as much research and analysis yourself. Energy commodities are some of the most important commodities in the world because they are used to power the economy. Vantage FX allows you to trade the energy markets via the MT4 and MT5 trading platforms. The CFD broker offers the most popular energy commodities, such as crude oil, natural gas, gasoline, and heating oil, allowing you to take advantage of fluctuations in the prices of those commodities. Vantage FX allows traders to trade the world’s most liquid Stock Exchange indices — S&P 500, DAX, FTSE, DJ30, and more — through the MT4 and MT5 trading platforms.

Is VantageFX regulated?

These materials can help traders stay informed about the latest news and opportunities in the market. The forex market sentiment page displays the overall long and short positions of the Vantage book. The sentiment ratio of long to short positions are represented as a percentage and displayed as a sliding scale where orange represents clients’ shorts and teal represents their longs. With your unique Vantage AutoTrade account, you can easily create a portfolio and automatically copy the trades of other successful Forex traders. You’ll have the ability to manage and customise each copied FX trade and learn from in-depth portfolio statistics. This is due to the location of the primary liquidity providers and means that all clients can experience the fastest trade executions possible when they trade on MT5 through Vantage.

Best Offers

The Financial Commission while impartial, is not a government body or regulator. For traders outside of those particular countries, your account will be regulated by Vanuatu’s VFSC (Vanuatu Financial Services Commission). Vantage is a member of The Financial Commission, which is an independent dispute resolution body. While we haven’t tested the spreads with this account, Ross Collins, our chief researcher tested the Standard Account Spreads for 20 other MT4 brokers. Despite the fact VantageFX round their average spreads (we assume down, not up), we can say their spreads compare favourably to the industry average.

Spreads & Commissions

This way, the risk of fraudulent behavior by the brokerage is kept at a minimum. Clients can withdraw funds online by logging into the secure Vantage FX client portal and selecting the withdraw tab from the menu. All withdrawal requests are processed via the payment method that was used to make a deposit. For instance, Debit/Credit Card withdrawal can only be used for accounts that made deposits using a Debit/Credit Card. VPS hosting ensures your platform keeps running 24 hours a day so you set up EAs to take advantage of every opportunity that arises in the market. Compared to other brokers, some investors believe that Vantage FX has a limited product range as it only offers forex and CFD trading.

• This is the ultra-reliable, Toyota Hilux of the forex industry, which will solidly run on desktop, Mac, Android, or iPhone.
• Thanks to the competitive spreads and fast execution, Vantage FX is an excellent choice for those who trade large volumes of assets.
• WebTrader gives you access to 30 indicators, nine timeframes, and 24 technical analysis tools.
• CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
• In our experience, both deposits and withdrawals to the platform are processed quickly with minimal delay.

A few notable brokers such as Pepperstone, IC Markets, FXTM, AXI and Exness use this body to resolve disputes and on average claims take about 5 days to resolve. There are countless chart indicators in TradingView, all accessible at the click of a button. If you have multiple accounts, you can switch between them in seconds with MT5. As you can see, MT5 has a very clean and intuitive interface, which is great for keeping trading stress levels to a minimum. These allow you to either copy another person’s trades or publish your trades and allow others to ride along with you.

Forex

He blocked me from all over telegram signal groups and deleted our chats. I knew there would be some trading loses but not in 4 days risking all funds. He promises you that your account will be safe because he will use proper money management with 20% drawdowns. But he will trade aggressively open tons of trades which goes against your favour. He also promises you that if things goes bad he will send your funds through wallet.