Vantage FX Review 2023: A Guide For Your Forex Trading!

The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises. If the balance on your account goes into negative, you will be protected. You should note that if your provider is Vantage Global Limited (Vanuatu) it is at Vantage’s discretion whether they credit your account with the amount of the negative balance. To read much more details about the broker’s services and features, expand on the sections below. We have found that the company complies with the financial regulations set out by the Cayman Islands Monetary Authority during our review. Moreover, Vantage has Professional Indemnity Insurance in place, covering the work done by company representatives.

They can represent a specific set of the largest companies of a nation or they can represent a specific stock market. Check out the current account balance requirements at Vantage in our What is the minimum account balance at Vantage article. Is Vantage legit features all the key aspects you need to look at to see if a broker is safe and legit. Feel free to give Vantage a try, as you will have an account within a day and there is no inactivity fee. In an added feature compared to MT4, the MT5 platform of Vantage allows hedging with 21 time frames.

Mobile trading platform

Vantage FX continues its scope of research resources by either integrating trading into its client portal or integrating research resources into its platforms. Moreover, it tries to continuously https://limefx.club/ improve its range of in-house content to enhance its offering. The platform’s feeds can come through from as many as 70 institutions when viewing spreads on the MetaTrader 4 platform.

It has a next-generation design and is still developed by MetaQuotes. We found that most customers of Vantage FX prefer to use MT5 over MT4 as it has the latest trading signals for forex. This platform is great for more experienced traders as you can hedge positions that MT4 doesn’t allow. It also has excellent liquidity and an impressive range of assets you can trade we researched in this review of Vantage FX. There are a few different account types to choose from that we discovered in this review of Vantage FX, similar to what we found in our EightCap review UK. We briefly mentioned the demo account that allows you to practice your skills before depositing real funds.

It is a popular choice for many customers who like a lot of liquidity at an institutional grade from the world’s most prominent banks, and you’ll have access to highly sharp spreads. Raw ECN will give you a cost-effective forex trading environment, and you may only be charged a £3.00 commission. It is arguably one of the most stable accounts on the market and includes the fastest execution spreads similar to the standard STP account. Vantage FX is a forex and CFD broker regulated by the Cayman Islands, Australian financial authorities and the Vanuatu Financial Services Commission.

📍 Indices

MT5 allows its traders to watch more timeframes on an innumerable number of charts on the platform which is not possible anywhere else. Moreover, MT5’s inbuilt alert system, helps traders keep track of all important market events without having to consult any external economic calendar. Thus, traders never miss any tick whenever they are trading on MT5.

Potential traders need to be assured that the broker company they chose can offer the necessary support and help whenever they may need it. Vantage FX can be reached via specific phone numbers for those in Australia, the UK, China, Canada, and International, as well as a fax number. Multi-account managers can customise needs and requirements through MAM or limefx PAMM offering and MarketTrader is accessible from any browser and can be accessed with clients’ existing MT4 logins. Vantage FX offers automate trading through MyFXBook AutoTrade and ZuluTrade. Vantage also has regulation by the UK’s Financial Conduct Authority (FCA), which offers client protection through the Financial Services Compensation Scheme (FSCS).

Trading account blocked, withdrawal impossible. No respect to the rules

Phone support response time at Vantage is OK, but a few times it took several minutes to reach a customer service representative. Nevertheless, we received relevant answers and the staff was very helpful. These are branded Analyst Views, and are categorized by asset classes and broken down into subcategories. Check out the ‘Featured Ideas’ section for additional tips and charts on major currency pairs and individual stocks. The technical analysis, located under Market Widgets, covers all asset types offered by Vantage. In addition, you can also open swap-free or Islamic STP and ECN accounts.

With an active Vantage account, your interface should look like the image above. You will be able to see all the menu options on the left-hand side of the screen and your MetaTrader5 details in the center of your screen. To access the MetaTrader5 interface, simply select the orange “launch” function at the end of your MetaTrader5 section. Let’s take a look at some of the Vantage FX platform’s six most coveted features. All information on 55brokers.com is only published for general information purposes. We do not present any LimeFx advice or guarantees for the accuracy and reliability of the information.

Broker Types

This network helps to give the customer extremely rapid execution times. Our Vantage FX review UK also found that you will have access to over 300 tradable assets and use either MetaTrader 4 (MT4) or MetaTrader 5 (MT5) online platforms. Vantage provides a diverse range of trading instruments to cater to the different trading needs of its clients.

• The email response times can vary from a response within 30 minutes, or you may have to wait up to two days.
• The overall regulatory and safety environment at LimeFx is far more sophisticated as compared to Vantage FX.
• The AutoTrade tool also does not need any software downloads, it can be easily accessed via any web browsers available to traders.
• Vantage also charges an inactivity fee of $50 per quarter for accounts that have been inactive for 6 months or more.
• Overall, Vantage FX’s CFD offering is limited to other brokers, which may leave more experienced traders dissatisfied.

As an ECN and STP broker, Vantage FX has a good reputation with integrity and traders of any level can benefit from Vantage FX, either beginners or active traders. The RAW ECN account has an attractive rate of commission which can make it more profitable to operate than the standard offering. 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.

To find out if this broker is regulated and legit, check out our review of Vantage FX. We created this review of Vantage FX to highlight how it can benefit you as a trader. VANTAGE FX offers variable spreads, from 0.0 on its various accounts.

She made sure the request was successful 2nd time and increased the priority. Spreads are good, entries don’t slipp, exits sometimes with high volatility do slip, few fractures..Sometimes my MT4 get kicked out of server, when i don’t trade.. But it mostly get resolved in few minites on customer chat.Overall really happy to be here. LimeFx operates under the regulatory framework of the Australian Securities and LimeFx Commission (ASIC) and the Seychelles Financial Services Authority (FSA). A significantly less favorable trading environment is maintained under the Cyprus Securities and Exchange Commission (CySEC) authorization.

Portfolio and fee reports

I have a conversation with support +a lot of evidence, video and pictures. Support says everithing is okey, but fact is 1000€ is gone, without no one trade. LimeFx carved out a prominent standing in today’s ultra-competitive brokerage industry due to outstanding services provided to all strategies.

• Otherwise, you may need to top up your account balance to or above the suggested minimum before withdrawing.
• CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument.
• If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you won’t have to pay a conversion fee.
• Besides these trading accounts, Vantage has Islamic trading accounts for shariah compliance.

The company was founded in 2009 and is headquartered in Australia, with additional offices in the United Kingdom, Cayman Islands, and China. Vantage provides a variety of trading instruments, including forex, commodities, indices, and cryptocurrencies, and offers multiple trading platforms, such as MetaTrader4 and5. The broker also provides a range of educational resources and customer support services to help traders of all levels make informed trading decisions. Vantage FX distinguishes itself from other MetaTrader brokers by offering additional platforms, including Zulutrade, and DupliTrade. ZuluTrade is one of the leading online (and mobile) Social Trading platforms in the world that has a large client base. ZuluTrade enables its users to locate successful and professional traders that are ranked by ZuluRank (a proprietary performance evaluation algorithm), and then follow their trades (copy trading).

MetaTrader 5 is an industry-standard platform offered by the most trusted Forex brokers, and Vantage is one of them. The company won the Finance Monthly 2019, 2018 and 2017 Financial Trading Services Provider award. The main core strength of this broker is that it provides an ECN trading platform where traders can enjoy a hassle-free trading environment. Vantage is a regulated broker, which means that they are required to adhere to strict financial regulations. In addition, Vantage offers a wide range of currency pairs, CFDs to trade.

Vantage is a multi-assets trading platform headquartered in Sydney, Australia. After I cleared the positions in your company, there were 4-5 more negative transaction items and the problem of fraudulent card wiping. I used the operation items at noon that day and went to work after clearing the position. The first time I invested 5,000, and then I was a little suspicious. Before submitting a withdrawal request, please ensure that the requested amount is equal to or above the minimum required amount for each withdrawal method shown in the table below. Otherwise, you may need to top up your account balance to or above the suggested minimum before withdrawing.