The STP account does offer zero commissions but wider spreads from 1 pip. The ECN account is a good option for active traders looking for zero-pip spreads and low $3 commissions. Yes, Vantage is a legitimate broker that is authorized by multiple regulators, including the ASIC and FCA. There’s no evidence of scams or malpractice based on my research and the broker segregates client money and offers negative balance protection, so you can’t lose more than your deposit. Vantage also doesn’t disappoint when it comes to additional trading tools. I have been particularly impressed with the comprehensive range of third-party social trading platforms, including Myfxbook and ZuluTrade.
Is Vantage Markets easy to use?
Helpfully for Islamic investors, a swap-free trading solution is available. Additional account options include joint accounts, company trading accounts and trust trading accounts (either as individuals or as a partnership). There are also professional accounts with increased leverage, but fewer safeguards.
Help is available via live chat, email or telephone, with waiting times for responses scoring very well. To measure the quality and speed of customer service at Vantage, I tested the live chat feature by asking several trading-based questions at different times of the day. I received helpful and friendly responses to my queries within 1 minute each time. The Standard STP account is my pick for beginners – commission-free trading is available with floating spreads from 1.0 pip. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors.
No conflict of interest because of ECN
Don’t forget to read our full review on Roboforex before you test it out. To do so, upload a photo of proof of identity and proof of residence. The documents are usually confirmed within 24 hours (that’s how it was for me), and then all the functions of the trading account are available to you. Overall, Vantage Markets has more than 180 different tradable assets.
Vantage’s wide range of trading platforms
This bank has the highest rating and a more than $ 93 billion market capitalization. This is one of the safest banks in the world, and client funds are kept separate from company funds. Vantage Markets is one of the safest brokers in the world compared to other brokers due to the facts mentioned above. No other company offers such security as Vantage Markets through so many parts of the business. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. Vantage offers its own proprietary trading app, alongside the standard MetaTrader suite of mobile apps.
As you can see from my comparison table below, Vantage stands up well against top competitors when it comes to available payment methods. As you can see from my comparison table below, Vantage stands up well against two of the most tightly regulated brokers in the industry, Pepperstone and AvaTrade. Just keep in mind that you can start and maintain a live trading account having a $0 balance and that there are no account holding or maintenance fees. Vantage Markets is an international broker for Forex (currency pairs) and CFDs (Contracts for Difference).
I tested the broker’s processing times using both a Visa card and Neteller and found that my funds were available immediately. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. The next potential alternative you could consider is RoboForex. What makes this broker unique is it its large variety of tradable assets and the laser-fast order execution.
Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. I am new to trading and to Vantage, I had some questions I couldn’t find the answers to in the app. I contacted customer support, first I was chatting with a bot, I asked if I could speak to a live agent and was promptly placed in a queue.
Founded in 2009, the broker’s long history is a great sign of a well-established business with strong credentials. The firm’s notable reputation is also reinforced by its collection of prestigious awards. Additionally, I didn’t find a history of scams or malpractice at Vantage during my research.
Stock market trading is risky, and an obligation to make additional payments cannot be suspended with a genuine ECN broker. If the market opens elsewhere and there is no liquidity to close or open your order, you will be given the next best price. In the worst case, this can lead to an additional funding obligation. The broker will automatically stop you if the margin is over-stimulated.
Traders can thus trade on real terms and simulate real money trading without risk. limefx broker reviews The demo account is excellent for testing new strategies or markets. Even beginners or new customers can try the trading conditions and the broker’s offer.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. If you have experience trading with Vantage please share your personal review of the broker and what you think are strong and weak points. If you have traded with Vantage we would really like to know about your experience – please submit your own review.
- I received helpful and friendly responses to my queries within 1 minute each time.
- But when I asked where I could check that, they did not told me where I could see a list for which withdrawal options for which regions are available.
- This ensures that beginners won’t miss out on the opportunity to trade on the same platforms as experienced traders.
- Vantage Markets is a reputable and trustworthy broker with an extensive and favorable trade offer for international traders.
- Experienced traders will also appreciate the free forex VPS, as well as various advanced plugins for the MetaTrader and ProTrader platforms.
Supporto efficiente
Compare Vantage with the top 3 similar brokers that accept traders from your location. I have been thoroughly impressed by the customer support at Vantage. The broker is available 24/7, which is a notable advantage compared to the 24/5 support offered by many competitors. Serious algo traders will appreciate limefx broker reviews the virtual private server (VPS) which is available with a $1,000 deposit. In addition to copy trading features, Myfxbook Autotrade offers journal features where you can keep track of your trading history. 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.
Looking at the negatives, the user experience of the client dashboard isn’t as seamless as other brokers in my view. I want to stress that while high leverage can boost potential profits, it can also cause significant losses. I strongly recommend employing risk management tools such as stop-loss orders.