Vantage FX Trading Platform Reviews, FAQs, Pros and Cons

Vantage FX Trading Platform Reviews, FAQs, Pros and Cons

In this broker review, updated in October 2024, we will pay attention to the critical aspects of Vantage FX, which you may consider before deciding whether to trade with this online brokerage. Vantage has an average Trustpilot score of 3.3 stars from 3,862 customer reviews. Around 57% of all reviews on the platform have a 5-star rating, with 26% of all reviewers giving the broker a 1-star score. The company offers highly reputable brokerage services, thanks to its regulation by three top tier authorities, number of awards and honors, and longevity.

You can use it to view as many as 21 timeframes and three chart types. You can, however, easily request a non-expiring demo account from Vantage FX via email. This is part of the broker’s efforts to encourage new clients to use a demo account until they are comfortable with MetaTrader 4 and their trading plans. The process of opening an account at Vantage FX can be completely digital, which most clients appreciate.

Desktop Trading Platforms

Standard accounts have no direct trading fees, with costs integrated into spreads. RAW ECN accounts include commissions starting at $3 per lot per side. Trading fees are considered low, as Vantage FX offers ultra-competitive spreads starting at 0.0 pip for Raw ECN accounts, and 1.0 pip for Standard STP accounts.

Withdrawal fees

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. Vantage FX offers three trading platforms, depending on where you’re located. A trading platform is simply a software interface that allows you to place trades. Trading platforms often come with charting, research, and order processing tools, too.

Vantage:All-In-One Trading App

You’ll have another stream of income through shared profits and it will help establish your reputation in the market. Vantage FX integrates with TradingViews to provide investors access to a global community of trading enthusiasts. It provides access to in-depth market analysis and top-of-the-line charting options. However, you should check the broker’s page for allowed countries, as it doesn’t support traders from specific locations. For example, it doesn’t accept US or Canadian clients according to the US CTFC.

• Additionally, the availability of social trading platforms such as MyFXBook (AutoTrade), and DupliTrade empowers traders to mirror proven strategies safely.
• Impressively, Vantage FX does not charge inactivity fees, which are common among competitors.
• For general inquiries, you can check the help center, contact live chat, or send an email to email protected.
• The app requires Android 5.0 or later, while the iOS app requires iOS 9.0 or later.
• Vantage FX facilitates the process of opening your trading account, so you can immediately start trading forex and CFDs.
• Those interested in social trading will want to review the Vantage FX forex broker’s compatibility with ZuluTrade.
• They’re already doing well, but there’s still room for improvement in customer care, particularly when it comes to responding to traders’ queries.

Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how scored in each of our high-priority categories. As a globally recognised multi-award-winning CFD broker, we pride ourselves on striving for excellence in what we do, and providing the best trading experience to all our clients. Vantage Markets ensures traders benefit from competitive and transparent pricing. With a low account minimum and various fee-free options, it caters to both new and experienced traders, keeping costs predictable and straightforward.

Get access to international share markets including US, Europe, Australia and Asia. Trade the world’s most popular forex and currency pairs with a trusted forex broker. The web platform is accessible directly through browsers, eliminating the need for downloads. It offers fast, intuitive access to all trading features, ideal for those seeking simplicity and efficiency. Currency conversion fees depend on external providers and market conditions. Withdrawals incur no Vantage fees, but external service provider charges might apply.

Dedicated Customer Support

The platform hosts free webinars covering market fundamentals and advanced strategies, catering to both novice and experienced traders. Complementing these are interactive courses, articles, and expert analysis, ensuring clients are well-equipped to navigate market complexities. This robust offering demonstrates Vantage’s commitment to empowering its clients with the knowledge needed for success. Vantage supports robust desktop applications, including MetaTrader 4, MetaTrader 5, and its proprietary platforms.

• Professional traders and money managers may opt for the PRO ECN Account, crafted for high-volume trading with advanced features and premium execution.
• Copy trading is one of the most appealing features on Vantage FX, especially if you’re a beginner.
• This robust offering demonstrates Vantage’s commitment to empowering its clients with the knowledge needed for success.
• Nevertheless, the platform doesn’t charge withdrawal fees, which makes it more appealing compared to other brokers that might take a big cut of your profits.
• Regulated by respected authorities such as ASIC, FCA, FSCA, and VFSC, it adheres to stringent compliance standards.
• Featured Ideas gives you access to fundamental and technical trade ideas that are based on back-tested strategies.

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, vantage fx and the result of our extensive research and decades of collective experience covering the forex industry. While the broker’s research and educational offerings continue to expand, Vantage has a ways to go if it wants to compete with the best brokers in those categories.

With regulation by trusted authorities like ASIC, FCA, FSCA, and VFSC, traders can feel secure knowing their funds are protected through segregated accounts and robust security measures. Vantage Markets prioritizes trust and security through robust regulatory oversight and client fund protection. Regulated by respected authorities such as ASIC, FCA, FSCA, and VFSC, it adheres to stringent compliance standards. To prevent fraud, the broker integrates top-tier platforms like MetaTrader 4 and 5 alongside proprietary tools, ensuring secure and efficient trading. Additionally, the availability of social trading platforms such as MyFXBook (AutoTrade), and DupliTrade empowers traders to mirror proven strategies safely. Vantage Markets offers access to over 1,000 tradable instruments, including CFDs on forex, commodities, indices, ETFs, and bonds.

Mixed Customer Service Reviews

After registering your account, you get to fund it and start trading within a short period, which creates perfect ECN trading conditions. Vantage Markets provides the copy trading feature, which allows beginner investors to trade while copying the moves of successful traders. Thanks to the competitive spreads and fast execution, Vantage FX is an excellent choice for those who trade large volumes of assets. Prior to dabbling into margin trading, each reader should take the time to determine their individual investment goals, risk tolerance, and level of expertise. Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice.