Beginners Guide to Vantage FX Review 2023 Is it Safe? Pros & Cons

These indicators can be used as part of an existing trading strategy and to compliment the built in MT4 indicators. All of the indicators can easily be installed into the MT4 platform and customised. The Vantage economic calendar is provided by MetaQuotes and lets you track the latest market events. The calendar displays the dates and times of releases, the impact level expected, the country affected and the forecasted/previous/actual results of the release.

Provide employment and financial details like employment status, occupation, employment sector, annual income, and estimated size of the investment portfolio. Our overall experience of opening a new account with Vantage FX was smooth and fast. In order to enjoy this extra cash in your account, you need to make sure your trading volume is positive. The broker boasts of the highest standards for legal compliance from Australian Securities and Investments Commission. National Australia Bank is an AA rated financial establishment in the country and is considered as one of the most secure banks worldwide.

Vantage FX Review 2023: Pros, Cons and How to Start Trading

The MT5 web trader provides the same functionality as MT5 desktop without you needing to download or install any additional software. The MT5 web trader runs directly in most popular web browsers so you can access your account from any location at any time, provided there is an internet connection. This can come into use if you do not have your computer available and need to check your account. One of the things I like about the web platform is that it is always up to date so I know I am using the latest version at all times. 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.

A minimum deposit of $100 is required to open a Standard STP account, and the minimum trade amount is 0.01 of a standard lot which defaults to 100,000. Whether you are looking for FX trading that is suitable for a beginner or you have more experience and are looking to invest more, Vantage FX makes a good all-round choice. With 40 currency pairs to choose from and low spreads, the site is easy to navigate, and it is not hard to find answers to the questions you might have. The site layout makes it easy to find what you are looking for either on mobile or desktop and placing trades is straightforward. The account types offered by Vantage FX are the Standard STP and the RAW ECN .

Offers and New Customer Experience – Free to use demo accounts are available

Each year, we collect thousands of data points and publish tens of thousands of words of research. It is always possible that you could sustain a loss of some or all of your initial investment. A platform can be a multi-asset one, which means that it allows clients to not only trade forex but also other asset classes like CFDs on stocks, stock indices, precious metals, and cryptocurrencies. Execution-only brokers, that is a broker that does not involve in any personal investment advice and gives traders complete control over how they trade the markets, tend to have lower commissions.

The level of https://traderoom.info/s will vary between different brokers and also depends on the asset being traded and the type of service offered by the broker. A forex account is a trading account held by a trader with a company like VANTAGE FX, that is primarily issued with the purpose of trading currencies. Although Vantage FX was designed for an Australian audience, it now offers services globally.

Assets Coverage

The trader needs to submit some documents like a colour copy of his driving license, government ID, a utility bill or bank statement and their name, email address and phone number. Vantage FX has created a fiber optic network to leverage the forex trading capabilities of MT4, MT5. At Vantage FX, you have the option of several CFD trading locations. If you’re interested in the UK and European listed companies, Vantage FX offers over 70. They also have a wide range of US companies that are highly liquid and well-known, like Apple, Google and Coca-cola. This Vantage FX review UK found that the advisers answered calls relatively quickly.

This Smart Trader Tools Package is free for anyone who meets the minimum deposit of $1,000. As is standard, withdrawal requests must use the same method as your deposit up to the original amount deposited. After this amount, you can select another withdrawal method from the same options as deposits. It offers the same eight base currencies and does not offer $2.00 AUD per lot rebates. These include KCG Hotspot, J.P. Morgan, NAB, CitiBank, Westpac, Nomura, BNP Paribas, HSBC, RBS, Credit Suisse, Goldman Sachs, Bank of America, Societe Generale, and UBS.

Well-Regulated CFD Forex Broker with Hundreds of Assets to Trade and Low Fees

The raw ECN requires at least £500, and the pro ECN will need a minimum amount of £20,000. In this review of Vantage FX, we found that their deposit amounts allow the site to have better risk management features and research tools for new and experienced traders. Other brokers that don’t charge a minimum deposit or are considerably lower usually attract new customers to compete with the competition.

The netting and hedging position accounting system lets traders maintain full risk management control of their account. MT4 is one of the most widely used trading platforms in the world which I like for its user-friendly interface and quick learning curve. It is simple enough for those of you who are novice traders whilst having enough advanced functionality for the more experienced traders amongst you. This regulation across multiple jurisdictions give me the confidence that they are a broker who I can trust with my funds. Therefore, I can trade without worrying if they will keep my funds safe and secure. I would always prefer to use a regulated broker although I am aware that unregulated brokers can sometimes offer certain products and services that a regulated broker cannot.

Forex Risk Disclaimer

Yes, Vantage FX offers ECN Accounts in retail and professional types with following features. Suddenly everything collapsed because vantagemarkets choose my account to scam and i realised i have been chosen because i am from Africa and i am black. That means vantagemarkets who acts as a market maker needed to pay a lot of money to the winners. On the 19th of April i have decided to trade two different US SHARES- NETFLIX and HOOD- After what i read from analysts i mage prediction that NETFLIX will fall and HOOD will rise. Prediction is allowed for all traders in the world, That is why we trade in forex market or stockmarket. Vantage markets totally disrespect, fraud and acts with racial discrimination to the clients that only Vantagemarkets choose WISELY the correct time.

It is an invaluable tool that lets me run automated systems on multiple instances of the MT4 platform 24/7. If a VPS is beneficial to you, then Axi also have a free VPS service. Vantage offer professional money managers fully customisable multi account manager solutions via a MAM console in partnership with MetaFX. The administrative side is handled in house so users can fully focus on the trade management aspect. There are a number of professional traders who use the platform which has been thoroughly tested to ensure its stability and flexibility.

This will make them unsuitable for investors who are looking to trade or invest in a wide range of assets. For example, if you are looking to purchase and hold index funds for the long term, Vantage is likely not the brokerage account for you. To close your Vantage FX trading account, you must complete a closure request form. Clearly state your full name, and linked email address, as well as your MT4 or MT5 account number. It’s also a requirement to state a reason for terminating your account.

The program is transparent, showing your earned rebates that you can then withdraw or trade whenever you want. To take advantage of the rebate program, you should deposit a minimum of $1,000, which will let you earn as much as 10 percent of the deposit back via rebates. To receive the cash bonus, you just need to meet the minimum monthly trade volume, which depends on your account balance and whether you have a RAW ECN or Standard STP account. Residents of China should note that this interest promotion is not offered in that region.

However, charting could be improved and most research tools are available only to clients with a $1,000+ account balance. We really liked that you can change the default leverage size of the products when trading. This means many popular asset classes, like real stocks or ETFs, are not available. You can’t set alerts and notificationson the Vantage web trading platform. To get things rolling, let’s go over some some basic terms related to broker fees.

• Assets are grouped into categories, but we missed the usual search box where you can enter asset names or other keywords manually.
• Vantage FX keeps these costs to a minimum so you can maximise your profits.
• Vantage FX has been serving retail and professional traders in the CFD markets since 2009.
• Should you need any further assistance, please do not hesitate to reach out to us directly via phone, live chat or email at
• You can open trades with pip-perfect precision with multiple order types and view important data including the pip and trade value in dollar values.
• They come across as a transparent online broker as they want customers to understand what they offer for each financial market.

Its V-vantage fx reviews app, powered by Pelican, makes it possible to chat and trade within the same interface. They also offer TradingView pro access for free if you meet certain volume per month. He joined BrokerChooser in 2018 and has since tested almost all 100+ brokers covered by BrokerChooser.

We assure you that your experience is of the utmost importance to us and we hope to be able to help you resolve any issues you face. Our team was unable to locate your specific case, and we would like to invite you to contact us via phone, live chat, or email at Please be assured that our team remains on hand to assist you. We are currently unable to ascertain the issue you are facing and would like to understand more. As such, we invite you to contact us directly via phone, live chat or email at with more information. Vantage clients have access to a wealth of video tutorials on basic trading concepts for various assets and more advanced technical and market analysis. If you choose to skip opening a demo account, trading platform tutorials are also available here.