As one of the good advantages, Vantage Markets is available in many countries, so traders can sign in also with the lowest spreads. 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. I like it when a broker gives us the choice as we all have our own strategies. The main differences between the accounts are the minimum deposits, spreads and commissions.
- Before entrusting your money to any broker in any sense, you have to read a few reviews from the users.
- The following withdrawal options are available to Vantage FX clients – Wire transfer (bank transfer) and Credit card.
- There are tutorial guides and videos explaining how to use each of the tools.
It is simple enough for those of you who are novice traders whilst having enough advanced functionality for the more experienced traders amongst you. Vantage incorporate the latest innovative technologies which they are always looking to enhance and update to remain a leader in the industry. They have a partnership with Equinix which enables them to provide a diverse network of servers linked by fibre optics.
The Vantage App allows you to access the global markets and trade from anywhere at any time. It offers traders easy, yet powerful mobile access to hundreds of FX Pairs, Commodities, Indices, Share CFDs and more. The Vantage App is available for both iOS and Android devices and is equipped with a suite of trading and investing tools. MT5 has 21 timeframes compare to MT4’s 9 timeframes as well as support for more order types and additional built in technical indicators for further market analysis. The netting and hedging position accounting system lets traders maintain full risk management control of their account. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
- In the chart, SL and TP display as lines, and they are also recorded in the “Trading” menu.
- Thankfully, Vantage FX does not apply any deposit, account, or inactivity fees on its users.
- It’s also possible to open a swap-free trading account with Vantage FX, which is one of the only forex brokers to support traders that cannot receive or pay swaps because of their religious beliefs.
- Vantage FX, like most brokers, charges a fee based on the spread, or the difference between the bid and ask price of an instrument.
- One of the areas where Vantage really excels is in the various trading platforms it makes available to you.
- The commissions and minimum spreads shown here are taken from Vantage FX’s website.
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. One of Vantage FX’s VPS partners is ForexVPS, which allows users to simply log in to their servers through any stable desktop or mobile device. The broker offers access to ForexVPS free of charge for clients that have a minimum balance of $1000.
Charts By TradingView offers what we believe are some of the best charting options for retail traders. One particular downside with Vantage ProTrader is that it’s browser-based, which could be a problem if you have a slower computer. The other downside is that it’s just a charting platform at the moment, Vantage doesn’t offer trade order entry through it. Next, there is the more recent MetaTrader5 (MT5), which is a more feature-rich version of MT4 and can be great for traders who need specific technical indicators or chart time frames. Vantage has a range of deposit methods, making it pretty easy for most traders around the globe to fund their accounts.
Additionally, social trading features are available through ZuluTrade and Myfxbook, which can be integrated with your Vantage account. The broker provides traders the Vantage FX app; it is a proprietary mobile trading platform that allows traders to buy and sell various financial assets from the convenience of their mobile handheld devices. The platform is replete with a suite of advanced trading tools, such as technical indicators, order management, custom watchlists, trading signals by Trading Central, alerts, news calendars, and more.
Deposits and withdrawals at Vantage FX
ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards. By the Financial Conduct Authority (FCA) under Vantage Global Prime LLP, for institutional clients. Vantage also has an entity that holds regulatory status with the Cayman Islands Monetary Authority (CIMA), and by the Vanuatu Financial Services Commission (VFSC) in Vanuatu. Yes, based on your detected country of NL, you can open an account with this broker. Yes, Vantage FX is regulated, and the broker holds a license from both the Australian Securities and Investments Commission ASIC and AFSL (Australian Financial Services License). If you are an existing client of Vantage, please share your experience with other readers in the comment section below.
Commissions and fees
Thankfully, Vantage FX does not apply any deposit, account, or inactivity fees on its users. Similarly, there are no withdrawal fees for credit/debit cards and one international bank withdrawal is included per month. Any subsequent international bank withdrawal within a given month will be charged at 20 of your given currency (i.e. $20 or £20). BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist.
How Withdraw Money from Vantage Markets Step by Step:
Vantage FX operates a three-way customer support department, with at least one route likely to meet the needs of all its clients. I’ve already touched upon the Market Buzz tool, but it’s also worth checking out the free forex VPS functionality. This allows you to keep your MT4 account live 24/5, maintaining your trading connectivity and ensuring any automated trading bots or advisors can run in the background for you. V-Social is another solid entry-level CFD trading option for complete beginners.
The Vantage Group consists of a number of companies who are authorised and regulated in various jurisdictions. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. In one sense, it’s a well-known and popular for trading, one of the biggest titans of the industry. In another, it has so much to offer that you start feeling dizzy just by looking at all these offers they have for you. There is a dedicated client portal that is powered by Trading Central offered to clients on the Vantage FX platform.
Every fibre optic line that connects their services is carefully selected and tested to ensure minimal latency with up to 100 gb/s bandwidth. Servers are located worldwide in major financial hubs including New York and London, giving ECN market liquidity direct to your platforms for fast execution speeds. In addition to superb trading conditions, you get access to Trading Central which I believe is a great tool for market analysis and generating customised trading signals. You will find there are plenty of tools to help you with your trading, including automated signals. There is also a good amount of educational content available to help beginners learn more about the markets.
To access the MetaTrader5 interface, simply select the orange “launch” function at the end of your MetaTrader5 section. Vantage FX will require some basic information from you in order to process your account https://limefx.group/ application. This will include basic identification documents such as a passport or ID card. We noted in the pros and cons section above that one of Vantage’s shortcomings was their lack of available assets.
From the above, we can see a mark-up spread of 0.8 pips to the average spread on Vantage FX’s Standard Account to cover the costs of trading the EUR/USD pair. A last step in the account opening process required that we upload a picture limefx courses scam of our driver’s license, as well as a proof of address document. Up next, we had to share some basic details regarding our trading history and experience. Next, we had to share details of our employment status and financial position.