Vantage Review 2024: Read Before You Trade

Forex Trading

Vantage Review 2024: Read Before You Trade

There is a truly impressive assortment of over 270 past webinars available from the broker’s YouTube channel. There is already enough content to provide newbie traders with a firm understanding of the ABCs of https://limefx.biz/ trading. One of the standout features of Vantage is its comprehensive educational content. There is a broad range of written articles, exhaustive courses, and a collection of hundreds of recorded webinars.

1. This includes a ‘refer a friend’ scheme, an active trade programme, a 50% deposit bonus, and a rebate scheme.
2. If you have multiple accounts, you can switch between them in seconds with MT5.
3. Vantage is a no-dealing desk trader and offers STP and ECN forex trading accounts.
4. In terms of value, the Professional account undoubtedly offers the best conditions – raw spreads and low commission.

Fast & easy account opening

There is also an entire basket of supporting tools that comes in with ProTrader. Against a minimum deposit of $200, Vantage clients can gain access to ProTrader’s Market Buzz, advanced charting capabilities, featured ideas, and other tools. In addition to all the other account features available, Vantage has also got a number of other bonus features that make an account with it even more appealing. This includes a ‘refer a friend’ scheme, an active trade programme, a 50% deposit bonus, and a rebate scheme.

Financial Commission onboards Vantage Trading as approved broker member

The range of available markets at Vantage will depend on which entity regulates your account. The following table summarizes the different investment products available to Vantage clients. The DRC consists of a diverse panel of industry professionals, who follow a non-bias protocol to process and resolve complaints from members’ clients. Aytugan joins the Financial Commission during a time of expansion for the self-regulatory association.

Up to £1 million of your funds protected

It favors day traders because they can lock in more favorable entries into trades. Compared to the broader industry, Vantage offers an average number of currency pairs and a high number of commodities, indices, share CFDs, and cryptocurrencies. Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars. One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative. Vantage provides a diverse portfolio of over 940 instruments spanning various asset classes such as currency pairs, commodities, share CFDs, indices, cryptocurrencies, futures, and ETFs.

Vantage has a range of deposit methods, making it pretty easy for most traders around the globe to fund their accounts. If you’re just starting out, or you only going to take the occasional limefx forex broker trade, the standard account is probably right for you. If you’re located in Australia or the UK, it’s a no-brainer to take advantage of the low commissions on the raw ECN account.

If you’re an active trader or professional trader, trading more than a few times per week, and you can afford the minimum deposit, you’ll almost definitely want to use the raw ECN account. With an abundance of FX liquidity in our dark liquidity pool, Vantage is able to provide traders with the tightest Forex spreads available. At Vantage, we fully understand the importance of keeping FX trading costs to a minimum so you can maximize your total Forex trading profit.

In total, Vantage offers 24 different CFDs across a range of different financial instruments and assets. For traders who are located in countries outside the UK and Australia, Vantage also offers a range of social trading platforms. The deposit options are especially good for traders in Australia, with a number of instant or completely fee-free options.

With our RAW ECN account, traders can experience some of the lowest trading costs in the industry. We fully understand the importance of keeping trading costs to a minimum, so you can realise greater profit. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Vantage is a well-balanced Australian broker that offers retail and professional traders access to nearly 1000 instruments at competitive prices. Vantage offers a decent range of research tools – both in-house and from external providers.

Vantage Trading is a global multi-asset CFD broker offering over 1,000 financial instruments, including forex, stocks, commodities, indices and ETFs. “The platform emphasizes security, competitive spreads and advanced trading tools. It also provides educational resources, a demo account for practice and 24/7 customer support. Vantage Trading is committed to providing a reliable trading experience,” the statement reads.

You can read about a currently developing price pattern (channel, wedge, correction, etc), the most important pivot points, support and resistance levels, viable entry and exit levels, and more. I checked Vantage’s Client Agreement, which is available from the Legal Documents sections of the website, and everything seems in order. The document is easily accessible, and all essential information is written in an easy-to-understand way. Vantage has one Tier-1 and one Tier-2 regulation and complies with most of the essential safety requirements. In our reviews, we examine the licenses and regulations of each entity operated by a broker.

Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. Overall, the writer of this Vantage review found that using the platform is relatively simple. If you have any previous experience of similar trading platforms, then using it shouldn’t be too much of an issue. The website itself is well laid out, and a useful search bar allows you to pull up any information you might be searching for in an instant. The trading experience via the MetaTrader 4 and MetaTrader 5 platforms is very much what you have come to expect.