Linked to the Vantage oneZero™ MT4 Bridge, the broker provides the fastest execution speed due to unparalleled access to the deepest liquidity available at any time. This helps to make sure that they can offer traders truly transparent pricing, the prices of all Vantage Indices are based on the underlying price of the index’s corresponding stock market. Leverage the volatility of the largest stock market indexes in the world such as the SP500, DAX, FTSE and DJ30. One of the areas where Vantage really excels is in the various trading platforms it makes available to you. In addition to the MetaTrader 4 and MetaTrader 5 platforms, which have basically become industry standard by now, Vantage also gives you access to a proprietary Vantage App and a WebTrader app.
Vantage FX Standards
Their trading costs are low and the offering of leverage is the highest in the market. Vantage FX is followed up regularly by different audit and transparency authorities. In terms of trading fees, those with Standard STP accounts at Vantage FX will not pay a penny in commission. However, https://limefx.name/ RAW ECN account and PRO ECN account holders will pay at least £1 per standard lot, per side. Even though RAW ECN and PRO ECN clients will pay some form of commission per trade, the bid-ask spread is as low as 0.0 pips, although this fluctuates depending on the volatility in the markets.
- For this Vantage FX review, we have opened a standard account with the broker and deposited over €5,000.
- A VPS uses an external server to manage your trading connectivity ensuring that the MT4 platform is running 24 hours a day and is not subject to downtime caused by electrical or computer problems.
- Vantage trading fees are charged on a hybrid fee model, which consists of both Spreads & Commission charges.
- Other comparable brokers who have both MetaTrader platforms include HYCM.
- The Active Trader Program provides new and existing clients with a cash rebate when they meet the minimum deposit requirement.
Minimum deposits and funding methods
Fortunately, my Vantage review confirms that it is licensed with the FCA, which means it must abide by the FCA’s strict compliance regime. Deposits and withdrawals can also be made via bank transfer or ‘fast transfer’. All four of these funding methods are displayed in the footer of the Vantage FX homepage to UK-based clients. MetaTrader 4 (MT4) is the longest-standing trading software, powered by MetaQuotes.
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I think that you can’t go wrong with any of these platforms if you are just looking to study the charts, place and manage positions. However, if you have more complex trading strategies and want to explore a plethora of built-in trading tools, then you will probably edge more towards the MT5 platform as it has the most functionality. That being said, MT4 can be expanded with free and paid add-ons to improve its capabilities. The Vantage platform is also good in its own right but if you change brokers down the line, you will need to learn another platform all over again. Other comparable brokers who have both MetaTrader platforms include HYCM.
Vantage FX makes transparency a priority, particularly given that the forex industry is frequently cloudy. Because of this, the company goes above and beyond to ensure it is fully available to meet the needs of clients and continue delivering reliable and exceptional services. This feature allows traders to automatically copy the trades of experienced traders, giving them exposure to the markets without requiring extensive knowledge or experience. Vantage trading fees are charged on a hybrid fee model, which consists of both Spreads & Commission charges.
Alternative Brokers
I like that they encourage beginners to learn more and therefore make informed trading decisions. A Virtual Private Server (VPS) is a remote machine in the cloud that can run your trading platform 24/7 without you needing to have your own computer switched on. This can be useful for those who wish to run an automated trading system around the clock or who need a more reliable connection to the trading server if their internet connection is lagging. You can sign up to the ZuluTrade and connect your Vantage account to the platform via the website or mobile applications (iPhone, iPad, Android, Blackberry, and Kindle Fire). However, I felt that it didn’t have the advanced market analysis capabilities of the MetaTrader apps. That being said, it would be absolutely fine for checking market prices and managing positions from the comfort of your mobile device.
Make smarter trading decisions and find key price levels by taking advantage of the Vantage Forex calculators. The MetaTrader 5 platform (MT5 platform), is the next generation of Forex trading platform to roll off the production line at MetaQuotes. MT5 is the direct successor the most well known and most popular Forex trading platform, MetaTrader 4 (MT4) and limefx forex brokers reviews to take your Forex trading to the next level, you need to make the upgrade too. The ability to customise charts using chart studies and indicators is unmatched, with literally tens of thousands of options for Forex traders to choose from. This means that no matter your trading style or system, the MT4 platform has a custom charting option exactly for you.
The Vantage FX WebTrader platform features a simple and intuitive interface that is easy to navigate, with customizable trading panels and a wide range of trading tools and resources. Novice traders can use the platform’s demo account to practice trading in a risk-free environment, without risking their own money. For new traders, Vantage provides a series of articles, videos, and tutorials explaining forex trading basics, market analysis, trading psychology, and various MetaTrader platform tutorials. In terms of educational and research support, Vantage FX offers a decent range of resources for traders, but it may not be as comprehensive as some other forex brokers in the industry. VPS hosting ensures your platform keeps running 24 hours a day so you set up EAs to take advantage of every opportunity that arises in the market.
Vantage FX offers CFD trading services with forex, indices, stocks, commodities, and cryptocurrency instruments. The broker offers free deposits and does not have any account maintenance or inactivity fees. Self-confessed Forex Geek spending my days researching and testing everything forex related.
With the help of their social trading, you may sharpen up your CFD trading skills by following successful traders. They offer 40+ Currencies, Indices like Dax, SP500, commodities, precious metals, energies, and CFD cryptocurrencies. You will get an extensive range of tradable assets especially if you are a beginner. But you may find subtle limitations of this range as you become more advanced.
If you sign up to one of their preferred VPS partners and trade a minimum of 10 standard lots per round turn per month then you are eligible for the free VPS service. It is an invaluable tool that lets me run automated systems on multiple instances of the MT4 platform 24/7. The sentiment trader tool displays the current sentiment of Vantage traders on selected instruments. Sentiment analysis is often used as part of a contrarian trading strategy. This allows you to trade whilst on the go from anywhere in the world where you have an internet connection.
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. The Vantage FX IB Program stands for Introducing Broker and is designed to help corporate clients and individuals by providing a method of earning revenue of an ongoing nature via client trading activity. Those who are interested in statistics will want to know that Vantage FX is stable at 99.99 percent of MT4 uptime and has improved the execution speed by 78 percent. Vantage FX carefully tested each fiber optic line that connects the servers to ensure minimization of latency.