The clear key levels and trend lines also make it easy to act on the live trading advice. The process of opening an account at Vantage FX can be completely digital, which most clients appreciate. The forms are quick to complete and, if you submit the required documentation right away, you can be ready to trade within 24 hours.
When it comes to topping up and withdrawing from your account, the options available are very much industry standard. Domestic fast transfers are also available for those who are located in Australia. Additionally, Vantage also supports a number of electronic transfer methods, including Neteller, Skrill and FasaPay. Generally speaking, Vantage will not apply any additional fees, though this may depend on your bank. A full list of fees is readily available and easily accessed via the homepage – simply click on the payment options icon at the bottom right-hand corner of the homepage.
If you are registering with Vantage FX from the UK, you can also choose between a commission-free account or a Pro account that charges from £1.50 per 100k traded. As we wind up our review of Vantage FX, one of the best Australian CFD brokers operating since 2009, here is a summary of our study. If you’re not familiar with MT4 or unsure how to install some of the features, the videos could be your quick guide to set up and run the platform. I have used vantage fx for the past one year and they have not let me downDeposit and withdrawals no problems, with very helpful customer care ready to assist you when you need help.
- The mobile platforms have the same functionality as the desktop platform, such as viewing prices in real-time, placing trades and managing pending orders.
- These rate strongly in the broker’s favour and come highly recommended.
- He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
- ECN accounts at Vantage FX charge commissions, but Standard STP accounts do not.
- We encourage you to maintain a balance of $1,000, so you can access this suite for free.
The broker’s regulation by CIMA, FCA, and ASIC provides peace of mind, as does its use of a top-tier bank for storing client funds in segregated accounts. We appreciate the various pricing structures, as this allows you to choose to trade with or without commissions, depending on which appeals most to you. Our Vantage FX Worldtradex forex brokers reviews broker review team was also happy to find that, since 2001, Vantage FX has provided all live accounts with the PowerStats toolkit from Autochartist.
Bonuses & Promotions
The Raw ECN and Professional ECN accounts require a £500 minimum deposit. To open a demo account, select the ‘Demo Account’ button on the broker’s website, fill in your details and submit the form. The broker’s website is also well optimized for mobile devices, and you can enjoy full functionality from the smaller screen.
Vantage has a reasonable $50 minimum deposit for all its accounts, except for a $10,000 minimum for the Vantage Pro account. Pepperstone has no minimum deposit, and neither broker levies internal deposit fees. Both brokers feature multiple, low-cost payment processors, including localized options, with instant to near-instant processing times. Vantage FX also offers a halal swap-free Islamic Standard STP account and an Islamic Raw ECN account. Additionally, Vantage FX offers a Multi-Account Manager (MAM/PAMM) for professional clients to manage executions on an unlimited number of trading accounts.
It only takes 30 seconds to connect your Vantage FX account and get started. WebTrader is the web-based version of MetaTrader 4 and MetaTrader 5. It provides you with access to all the features of those platforms, and your Vantage FX account, without requiring a download.
Commodities
Client funds are kept in a segregated custodial account held with NatWest bank. The broker also protects personal information, as detailed in their privacy policy. Platforms are password-protected and encryptions are used to protect sensitive data and payment information. ECN accounts at Vantage FX charge commissions, but Standard STP accounts do not. The commission for RAW ECN accounts is $3 per lot per side, which drops to $2 per lot per side for PRO ECN accounts, all of which are competitive figures.
This includes a ‘refer a friend’ scheme, an active trade programme, a 50% deposit bonus, and a rebate scheme. The ‘refer a friend’ scheme is potentially lucrative and gives you the opportunity to earn a $150 bonus for every successful referral – this also gives them a $100 sign-up bonus. The active trader promotion offers users who open a Standard STP account funded by at least $10,000 the opportunity to earn bonuses based on their account activity. The welcome bonus provides a bonus of 50% on deposits of up to $500 for users signing up to the Vantage account.
With that said, session times vary across each market – refer to the ‘Trading Hours’ section on the broker’s website for a breakdown of opening hours. To register for an account, click the red ‘Live Account’ button on the broker’s website. You will be asked to complete some forms and provide ID documents for verification. To request profits, login to the Vantage FX client portal and navigate to the withdraw tab. All withdrawal requests are processed via the same method used to deposit funds, eg bank transfer. The mobile platforms have the same functionality as the desktop platform, such as viewing prices in real-time, placing trades and managing pending orders.
Deposits
It isn’t suitable for everyone and, in the case of Professional clients, you could lose substantially more than your initial investment. Past performance is no indication of future performance and tax laws are subject to change. The information in this website is general in nature and doesn’t take into account your or your client’s personal objectives, financial circumstances, or needs. Please read our legal documents and ensure you fully understand the risks before you make any trading decisions.
Trading Hours
Vantage FX allows traders to trade the world’s most liquid Stock Exchange indices — S&P 500, DAX, FTSE, DJ30, and more — through the MT4 and MT5 trading platforms. Thanks to the broker’s oneZero™ MT4 Bridge, traders can enjoy the fastest execution speed. The prices of all Vantage FX Indices are based on the underlying price of the index’s corresponding stock market. Vantage FX offers ECN spreads for the Raw ECN and Pro ECN account types, but the Standard STP account has marked-up spreads.
Moreover, the broker provides you with various risk management tools and investor compensation (in some jurisdictions). Yes, Vantage FX is regulated by CIMA, FCA, and ASIC, which are regulatory bodies from the Cayman Islands, the UK, and Australia, respectively. As part of this regulation, the broker stores client funds in segregated accounts and prides itself on offering a high level of transparency. As part of our Vantage FX review, we tested all customer support contact methods. We found that the multiple channels give comprehensive and convenient coverage so that you’re never stuck without help. You can contact support via live chat, phone, or email, and the broker does its best to get back to you within 24 hours.
The lowest spread for the Standard STP Account starts at 1.4 pips in FX, although clients do not have to pay a commission, and are also eligible for promotional bonus credits. The mobile app supports all the order types and MetaTrader 4 execution modes, including three chart types in nine-time frames- M1, M5, M15, M30, H1, H4, D1, W1, and MN. In our extensive top forex broker review, we analyzed the range of markets, trading platforms, trading conditions, education/support, and what makes Vantage FX a good CFD broker. With Vantage FX, you will enjoy the benefit of super-fast trade execution and interbank grade RAW ECN spreads with no dealing desk intervention.
Marketing Analyst jobs
- Overall, the writer of this Vantage review found that using the platform is relatively simple.
- Unfortunately, however, we found that this offering wasn’t so generous via the UK arm of the brand.
- Soft commodities refer to commodities that are grown rather than mined.
- The commission-based alternatives at Pepperstone and Vantage feature raw spread trading for a $6.00 commission per 1.0 round lot, but the Vantage Pro account lowers them to $3.00.
Clients can access the MT4 platform and the Standard STP or Raw ECN accounts. Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares, and Cryptocurrencies. With more than 10 years of market experience and headquartered in Sydney, Vantage now has over 1,000 employees/personnel across more than 30 global offices. It provides a trusted trading ecosystem and a faster and simpler trading platform that enables clients to take advantage of trading opportunities.
Upon verifying your account, you will have to fund your account using any of the available payment methods before you can start trading. Kickstart your trading journey with Vantage’s free online trading courses. Master the art of trading as you delve into our comprehensive curriculum, perfect for aspiring traders eager to learn online trading from. You can invest in the likes of Tesla, Netflix, Meta, and other listed companies through shares CFD. Get access to international share markets including US, Europe, Australia and Asia.
Vantage FX’s financial institutional partners calculate the daily released rates using risk-management analysis. As a result, each forex currency pair has its forex swap charge, and interest is paid on currency sold and received on currency bought. The broker charges a commission of $3.0 per lot per side ($6 round trip) on the Raw ECN account and $2.0 per lot side ($4 round trip) on the Pro ECN account. Vantage FX does not charge any commissions on the Standard STP account. While the account creation is swift (can be completed within 5 minutes), it may take up to 24 hours to get your trading account verified.