I like that they have a reasonable selection of trading instruments across multi-asset classes but think they could perhaps add some more. That being said, you will find most of popular assets available to trade with accounts that have low spreads and no commission fees. If you are a beginner than there is a limited amount of educational content for you to peruse at your leisure.
Low spreads on major pairs mean more…
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. This regulation across multiple jurisdictions give me the confidence that they are a broker who I can trust with my funds. Therefore, I can trade without worrying if they will keep my funds safe and secure.
- Vantage FX allows you to trade the energy markets via the MT4, MT5, and the Vantage App trading platforms.
- This range includes basic tools like an economic calendar and others to gauge the forex market sentiment, up to a range of premium tools which you can unlock with a balance over $1,000.
- 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.
- At Vantage, they hold themselves to the highest regulatory and security standards so you can invest through them with absolute peace of mind.
- In all, the fast execution speeds, low spreads, and minimal commissions make Vantage an excellent broker choice and one we can recommend if you are interested in scalping.
- The Vantage App allows you to access the global markets and trade from anywhere at any time.
The Vantage App is available for both iOS and Android devices and is equipped with a suite of trading and investing tools. MT5 has 21 timeframes compare to MT4’s 9 timeframes as well as support for more order types and additional built in technical indicators for further market analysis. The netting and hedging position accounting system lets traders maintain full risk management control of their account. Vantage FX does not accept third-party payments, so all funds deposited into your trading account must be under the same name as your Vantage FX trading account. Payment from joint bank accounts or credit cards is accepted if the trading account holder is one of the beneficiaries.
You can compare key figures such as net profits for each symbol and also place, manage and close orders directly from the charts. I think it is worth gaining access to these tools as they can help to give your strategy that extra edge. However, I also feel like they should make them freely available to all account holders, regardless of your investment size.
Mobile trading
In addition to this, there are two consistent oscillators (one slow, one fast) that are also harvested from the analysis to help support trading decisions. The Vantage economic calendar is provided by MetaQuotes and lets you track the latest market events. The calendar displays the dates and times of releases, the impact level expected, the country affected and the forecasted/previous/actual results of the release.
How long does it take to withdraw money from an account at Vantage?
Vantage is required to do this due to regulatory KYC (Know Your Client) processes. You can elect for an electronic funds transfer from an Australian Bank, or a BPay transfer, which will be fee-free but take a couple of days. Probably a better method would be to use a PayID transfer which should be close to an instant deposit.
Is VantageFX a market maker?
Vantage offers over 1000 tradable instruments across currency pairs, commodities, share CFDs, indices, cryptocurrencies, futures, ETFs, and bonds. The selection is both wide and diverse and offers the perfect blend of low-risk securities and higher-yield/risk assets. Vantage incorporates top-of-the-line market research by Autochartist and Trading Central. It also provides excellent content developed in-house, thus offering news traders a penetrating overview of current market behavior.
All of the indicators can easily be installed into the MT4 platform and customised. 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. The mini terminal is for traders who require extra speed when entering or exiting positions as it enables trading with complex order types in just one click, directly from the chart. The correlation trader lets you quickly and easily compare the correlation between different markets and timescales.
It transforms the sub-standard out-of-the-box version into a more advanced trading terminal. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.
Trading Platforms
- Xeon E7 processors with Turbo Boost Technology power the trading infrastructure at Vantage, including the oneZero MT4 bridge, ensuring traders have high-speed access.
- Beyond the tight spreads and commission, VantageFX is a relatively generic broker offering MT4 and MT5 with a good range of CFD trading products.
- All futures CFD symbols can be traded on the MT4, MT5, and Vantage app platforms.
- The MT5 web trader runs directly in most popular web browsers so you can access your account from any location at any time, provided there is an internet connection.
- The same applies to the Smart Trader Tools upgrade for MT4/MT5 and the ProTrader Tools.
We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks. This is because I can get quick access to my funds which may be important if I am looking to take advantage of some market news and need to act quickly. If I had to wait around days for a bank transfer to clear, then the opportunity may have passed me by. Swap free Islamic accounts that comply with Sharia law are available upon request.
This takes the form of 6 available cryptos that can vantage fx review be traded against the US Dollar as CFDs. The cryptos available here are Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin, and Ripple. Again, indices are traded as CFDs and a total of 10 are available from all around the world.
Customer Service
Vantage FX incorporates the latest innovative technologies to make trading faster and easier for their clients. They partner with Equinix, enabling them to provide a diverse network of servers linked by fiber optics. Every fiber optic line that connects their services is carefully selected and tested to ensure minimal latency (with up to 100 gb/s bandwidth).