Vantage Review 2025 Pros, Cons & Key Findings
As you review Vantage FX broker’s policies, you will notice that the broker generally does not charge any fees for deposits or withdrawals. However, your payment provider may charge a fee, in which case you will be responsible for that fee. Moreover, withdrawals in the UK usually cost £5, although there is a free option too. They include spreads, Worldtradex forex brokers reviews commissions, overnight and rollover fees, and currency conversion fees.
Muslim traders will appreciate that swap-free Islamic accounts are available which puts the forex broker on an even footing with rivals like AvaTrade. The SmartTrader is useful for both beginners and experienced traders to monitor and execute trading decisions based on the vital market-moving tools, including the market sentiment indicator. When it comes to the Vantage FX Web Platform, the web platform comes in 39 languages, supports all the order types, including one-click order placements from multiple windows in the workspace.
Standard STP Account
Traders can also apply for a non-expiring demo solution by contacting customer support via email. To request profits, login to the Vantage FX client portal and navigate to the withdraw tab. All withdrawal requests are processed via the same method used to deposit funds, eg bank transfer.
Market news feeds are incorporated into the primary trading platforms, letting you review Vantage FX instruments and news in one place. This type of news feed is found on the MetaTrader platforms as well as the Vantage FX application. ZuluTrade has more than 10,000 professional traders for you to copy, which you can sort via ZuluRank. There is also an account management suite that allows for customization and advanced risk management.
Forextraders’ Broker of the Month
Trading conditions always come first as far as value is concerned, and Vantage have quite a solid thing going in this regard. Its execution speeds are said to be superb as well as is its market coverage. Its execution speeds are said to be superb as well as is its market coverage (it includes several cryptocurrencies in addition to the regular lineup of tradable assets). Despite the fact that most of the reviews/reviews that brokers use on different portals are positive, there are always some who do not agree. Obviously – apart from the usual range of complaints about withdrawals and a bargain – the broker was involved in a number of allegedly behind-the-scenes actions at certain points in his existence.
- If you’re not familiar with MT4 or unsure how to install some of the features, the videos could be your quick guide to set up and run the platform.
- Vantage is an excellent broker and the better choice for portfolios above $10,000, but I rank Pepperstone as the better option overall.
- Those looking for better and easier ways to create personalised technical indicators and experts will certainly appreciate the improvements made by MT5.
- This setup is ideal for those just beginning their trading journey, providing them with a supportive environment to develop their skills while managing their investment prudently.
- The count of tradable instruments, including Forex, commodities, shares, and bonds, reaches over 1,000.
- That means no time is spent redirecting your approach if you are looking for information on tech issues, partnerships, or complaints.
Withdrawal Fees
- These include step-by-step written instructions for installation and a basic overview.
- Stocks- Vantage FX offers clients the advantage of CFD trading on stocks listed on the US and Hong Kong exchanges.
- More in-depth queries can be sent via email, with the broker supplying a selection of email addresses so that questions can be directed to the most appropriate area best equipped to handle them.
- Additionally, Vantage provides access to agricultural commodities like wheat and corn.
Additionally, Vantage FX offers a Multi-Account Manager (MAM/PAMM) for professional clients to manage executions on an unlimited number of trading accounts. At Vantage there are no charges for opening any of the supported account options. However, traders must comply with the broker’s account minimum requirement, which starts from $50. Vantage stands out from many other brokerage companies by not charging inactivity fees, which can be advantageous for trailers who may not trade regularly. However, traders must note that transactions via certain payment processors may incur fees, which do not depend on the broker.
The Standard STP account offers commission-free trading with spreads from 1.0, while the Raw ECN account has lower spreads from 0.0 pips with a commission of $3 per lot per side. Professional traders and money managers also have the option of the Pro ECN Account. This offers some of the lowest pricing around, with spreads from 0.0 pips and commissions from $1.50 per side. Our experts are also reassured that this broker segregates client funds from business capital with an AA-rated bank, which should provide peace of mind for traders.
The benefits include an alarm manager, a correlation matrix, and an Excel RTD link. The downside is the minimum deposit of $2000 which might be out of reach for traders on a budget, but it is a handy and easy-to-use addition to the toolkit of those who do have the necessary funds. In particular, Vantage stands out for its choice of copy trading platforms, with multiple in-house and third-party solutions. MT4 is better suited to beginners while more experienced traders will appreciate the additional analysis tools, pending orders and faster processing speeds of MT5. Third-party platforms such as MetaTrader 4 and MetaTrader 5 are supported as well as a ProTrader terminal powered by TradingView and a Vantage App.
The program allows users to follow and copy more experienced traders while accessing a community of other forex traders. I like that you can find other like-minded traders with similar goals and portfolios and easily share information and advice. Importantly though, traders should be aware that while higher leverage offers the chance of boosting revenue it does come with the risk of greater losses. I also suggest beginners think carefully before trading forex with such high leverage. Here, the processes involved are fully automated with no manual input, with orders being routed directly to a liquidity pool. Costs may be higher in the long run, but this will suit traders looking for zero commissions and competitive spreads.
Vantage FX client protection
Social trading is a great way to learn from the top traders in the industry, so it’s great to see Vantage supporting it so well. Clients signing-up with Vantage FX have the choice of three account types, including two ECN and one STP, with the forex broker’s lowest spread starting from zero pips. Besides, the commission at $3 per standard lot per side is among the lowest in the industry.
These incentives often include deposit bonuses, where traders receive extra funds in their trading accounts after making a qualifying deposit. Additionally, Vantage hosts various trading contests and competitions, giving traders the opportunity to test their skills against others and win prizes. This platform is equipped with sophisticated charting tools that allow for detailed market analysis and decision-making. Additionally, MT4 supports automated trading capabilities through Expert Advisors (EAs), enabling traders to set up and execute trades automatically based on pre-defined strategies. 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. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
The mobile platforms have the same functionality as the desktop platform, such as viewing prices in real-time, placing trades and managing pending orders. The MetaTrader mobile apps can be installed from both Google Play and the Apple App Store. Vantage FX is an award-winning broker headquartered in Australia under the Vantage International Group.
We found the staff taking our calls to be informed and professional and able to resolve our queries quickly. It should also be added that Vantage has a demo account for beginners. This tool allows you to practice learning everything you need to trade online without spending a cent of your own savings on these goals. Fast, convenient, reliable, and most importantly – it is a very productive tool.
MetaTrader 5
Both platforms are available in mobile formats, so busy traders can continue to trade while on the move. Mobile versions retain most of the useful features and benefits of the full versions. Vantage currently supports three types of accounts, of which the most accessible is the standard STP account, which obviously supports STP execution. Thanks to MT4, as well as MT5, the broker offers its users access to some of the best existing solutions for online trading. The bottom line reputation-wise is that – everything accounted for, and despite the above detailed issues – the user-feedback Vantage has managed to rack up over the years is overwhelmingly positive.