Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. It also offers its own proprietary Vantage app, which – despite the added distraction of in-app ads – shows real promise as a trading platform. Vantage delivers a great user experience that is intuitive and feature-rich. The broker’s platforms are full of useful functionality that benefits users. The advanced charting tools can help clients analyze financial markets in real-time.
Dit is Trustpilot
This ultimately means aspiring investors will always have access to a risk-free environment to test trading systems. Vantage remains an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start day trading quickly. 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. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
Trust pilot is a savior
This is fanastic if you are a scalper who needs the lowest possible spreads at all times. It provides a trusted trading ecosystem and a faster and simpler trading platform that enables clients to take advantage of trading opportunities. My tests have shown that trading fees at Vantage are fairly competitive but not the lowest I have seen.
Vantage’s wide range of trading platforms
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. Although Vantage does not have the widest range of tradable assets, let’s take a few moments to look at what you can trade through the Vantage FX platform. There are sections of the website dedicated to tutorial guides and videos for using the MetaTrader platforms.
Offering of investments
- In addition to copy trading features, Myfxbook Autotrade offers journal features where you can keep track of your trading history.
- This average customer rating is based on 3 Vantage customer reviews submitted by our visitors.
- The best part is that you only need $50 to access raw spreads in the ECN account, but there are commissions to be aware of.
- Intermediary transfer fees from overseas banking institutions are the client’s responsibility and are not covered by Vantage.
- The alarm manager can be set to send you alerts and notifications of specific activities and also perform automated actions on your behalf.
In total, Vantage offers 24 different CFDs across a range of different financial instruments and assets. Although the image above may look complex to new or inexperienced traders, rest assured that the interface is actually very straightforward and you will soon be able to place trades effortlessly. Trading Brokers Trading Brokers is dedicated to bringing you unbiased limefx courses scam broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. Withdrawal requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method.
Account Types
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. Vantage clearly takes customer satisfaction and loyalty very seriously, as these bonus schemes are among the best we have come across. These rate strongly in the broker’s favour and come highly recommended. In particular, it’s great to see Vantage offering promotions and bonuses for both new and experienced users of the platform. I like it when a broker gives us the choice as we all have our own strategies.
How To Open A Vantage Account
When you connect your Vantage account to DupliTrade, you gain access to a folio of hand-picked prop traders. Then, you simply choose the traders you want to copy based on their performance, strategy and trading style, and their trades will be duplicated on your Vantage MT4 or MT5 account. 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. Every fibre optic line that connects their services is carefully selected and tested to ensure minimal latency with up to 100 gb/s bandwidth.
While this is pricey, I think the benefits are worthwhile, since I was able to access custom watchlists, hundreds of technical indicators and daily trade ideas. I also appreciate that strategy providers are more rigorously vetted, with certain performance requirements needing to be met before their positions can be mirrored. During my testing, I was pleased that I could view complete historical data of all available strategy providers, which helped give me peace of mind when choosing who to follow. I especially like that you can join discussions within a community feed which allows users to learn how to trade in a hands-on yet engaging environment. ZuluTrade is a good copy trading platform for beginners since it only requires $200. The tool allows you to follow other strategies in a user-friendly dashboard.
Vantage MT4 users can gain access to thousands of EA’s from within the MT4 markets tab. There are reviews and statistics of these EA’s although it should be noted that past performance is by no means any guarantee at all of future results. Vantage have teamed up with MetaQuotes https://limefx.name/ to provide you with free access to a large number of MT4 signals. These signals can be accessed from the signals tab in the MT4 terminal. The MT4 trading signals will send you an alert when there is a potential trade opportunity on a specific trading instrument.
I received helpful and friendly responses to my queries within 1 minute each time. The platform’s social trading features allow you to build a following and earn commissions on copied trades. I found that there are five levels (Explorer to Legend), with better returns as you attract more traders. While I rate the competitive ECN accounts, I think it’s a shame that some serious traders will miss out on the best trading conditions in the Pro ECN solution.
The minimum deposit is pretty steep at $10,000 – more than other pro-level accounts I have reviewed. I also like that all accounts are compatible with the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as the broker’s full range of assets. This ensures that beginners won’t miss out on the opportunity to trade on the same platforms as experienced traders. I’ve been particularly impressed with the wide range of up to 10 base currencies in the Standard and RAW accounts and the accessible $50 minimum deposit. This makes Vantage a good option for global traders and those with less starting capital. The Standard STP account is my pick for beginners – commission-free trading is available with floating spreads from 1.0 pip.
With the addition of copy trading, the platform is ideal for traders of different financial literacy, ranging from beginners to intermediate and advanced traders. In addition to all the other account features available, Vantage has also got a number of other bonus features that make an account with it even more appealing. 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.
I have always received top class support but think it would be great if they could increase working hours to weekends as well. The Standard STP account is aimed towards traders who want direct market access and prefer higher spreads and no commissions. The minimum deposit required is $200 with variable spreads starting from 1.4 pips. 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.
Moreover, the platform is recommended for traders who are willing to invest large sums and are confident in their trading abilities. Beyond the aforementioned benefits, Vantage also provides a wide range of technical charting tools to its users, thereby making it easier for investors to hone their decision-making process. Fortunately, Vantage offers its clients high level customer support through both online chat functions and phone support. Similarly, customers also have the option of contacting customer support via email. However, according to customer feedback the email option has yielded mixed results.
It contains trading setups which can be used to compliment your own trading strategy. An expert advisor (EA) is an automated trading system that runs on charts in the MT4 trading platform. They can analyse the markets for trading opportunities and place, manage and close trades automatically.