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.
Vantage Markets Recognised with Four Prestigious Awards at the International Business Magazine Awards 2025
We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Vantage Markets (“Vantage FX,” or “Vantage”) rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central, and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education. Yes, Vantage offers a decent mobile app which offers access to account management features and trading tools whilst on the move. The application allows you to place trades, follow market news and create watchlists, but I learned that it isn’t the best for serious charting and technical analysis. 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).
DayTrading.com may receive compensation from the brands or services mentioned on this website. 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. For those who are looking to learn as they go, Vantage offers a dedicated Academy packed with market analysis articles, trading guides, platform tutorials and webinars. Experienced traders will also appreciate the free forex VPS, as well as various advanced plugins for the MetaTrader and ProTrader platforms.
- Moreover, the broker does not protect the accounts of traders from falling into the negative territory, which implies that traders can end up owing the broker.
- Proper risk management should be applied as online trading systems do require a high level of monitoring.
- South African traders will trade with Vantage Markets (Pty) Ltd an authorised financial service provider regulated by the South African Financial Sector Conduct Authority(FSCA).
- FxScouts helps traders across the globe by meticulously testing and reviewing online brokers and providing Forex education and market analysis.
I was also able to execute time limits on my orders, including good ‘til canceled (GTC), good ‘til end of day (GTD) and good ‘til time (GTT). During my testing, I was pleased to see a strong range of 12 chart types and 8 time frames, plus 100+ technical indicators and over 50 drawing tools. In terms of the look and feel, I personally find trading on this software a more enjoyable experience than MT4 and MT5. The default dark mode workspace is easier on the eye, especially when layering color-coded indicators and graphical objects. Looking at the negatives, the user experience of the client dashboard isn’t as seamless as other brokers in my view.
Vantage FX’s Non-trading Fees
The Raw account and Pro ECN offer attractive pricing, especially for experienced investors looking for ultra-tight spreads with low commissions from https://worldtradex.club/ $3 per side. Based on my tests during normal trading hours, the Standard Account offers an indicative spread of 1.4 pips on the EUR/USD, which is reasonable though not the lowest. With that said, the commission-free trading model will serve new traders looking for straightforward pricing. A great starter scheme for new traders with an additional credit boost when they open an account with Vantage. On top of that, there are tools and educational materials to assist all traders of different financial literacy. In the case of bank payments, traders at Vantage can choose from around 8 currencies in which to carry out their transactions.
Globally there are various firms delivering excellent Forex broker services, but Vantage International Group Limited stands out from the rest. Vantage is a global, multi-asset broker offering its clients access to a powerful trading ecosystem for trading CFDs on Forex, Indices, Commodities, Cryptocurrencies, and Shares. Having been in the market for more than ten years, Vantage takes pride in providing its traders with lightning-fast execution and razor-thin spreads. Traders can access Vantage’s range of markets through the powerful MetaTrader 4 and MetaTrader 5 platforms, including WebTrader and mobile app. To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
Vantage Risk Statement
The broker is available 24/7, which is a notable advantage compared to the 24/5 support offered by many competitors. Overall, beginners and intermediate traders should find plenty of resources at Vantage, though I would say that the selection is not as comprehensive as other brands like IG. I also appreciate that strategy providers are more rigorously vetted, with certain performance requirements needing to be met before their positions can be mirrored. Below is my view on the tools that I think elevate the trading experience.
Each year, we collect thousands of data points and publish tens of thousands of words of research. Vantage FX really shines with the number of social trading platforms available, however, these are affiliate partnerships. The account-opening and verification process at Vantage FX is seamless, fully digital and accounts are ready within 24 hours, which is about the industry average. No, Vantage is an ECN/STP broker, which means it sources quotes from several external liquidity providers with no dealing desk intervention. Serious algo traders will appreciate the virtual private server (VPS) which is available with a $1,000 deposit. Whilst you clearly won’t get the same experience as the desktop platform, you will get an abundance of real-time data and forex market research straight from the palm of your hand.
To get started, simply choose from the list of Spotlight or Signals providers, decide how much you want to trade, and add any risk management parameters. In addition to copy trading features, Myfxbook Autotrade offers journal features where you can keep track of your trading history. For an alternative trading experience, I think the ProTrader is a compelling option. It features a modernized interface with an impressive suite of technical tools. Vantage offers a strong suite of trading instruments, with 1000+ CFDs spanning forex, stocks, commodities, indices, bonds and ETFs.
ForexBrokers.com 2025 Annual Awards
FxScouts is dedicated to safeguarding the personal information under our control and in maintaining a system that meets our obligations under the new regulations. For the purposes of this review, we found customer support via live chat extremely responsive and polite. Vantage Fx’s educational materials are comprehensive and well-presented, but not as good as the best Forex brokers in this space.
Vantage FX’s platform support is better than other similar brokers.
Clients find the broker’s trading platforms friendly to use and its offers dutifully tailored to their needs. Through the ZuluTrade social trading platform, Vantage FX clients will gain exclusive access to a vast pool of professional traders and profitable trading systems. Note that traders will have to contact Zulutrade directly to find out about the costs of using the platform. Also, Vantage does not offer clients negative balance protection which implies that traders can easily lose more money than the balance they have in their trading accounts whenever they have losing trades.
Then, its banks with top, AAA-rated banks including National Australia Bank (NAB) and Commonwealth Bank of Australia (CBA). Traders can reach the customer support agents via a dedicated phone number, email, and live chat both on the website and mobile app. Vantage FX’s https://worldtradex.site/ mobile trading apps are excellent compared to other brokers.
Then, the fees and commissions that traders are charged for executing trades and other related activities are negligible. Deposits and withdrawals related to the trading account do not attract any charges internally, which means traders get as much of their profits as possible. There are also no fees for long-term inactivity, so traders do not incur expenses when they are not trading. Vantage utilises superior trading technology to offer traders ultra-fast trading execution speeds. As a result, traders do not experience any significant interruptions during trading sessions. The spreads the broker charges across instruments are minimal, meaning that traders can get the best out of a profitable trade.
