Compare the markets and instruments offered by Vantage and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Nonetheless, the client area does include the TradingView-powered sentiment indicators which are very useful. These visually display the overall sentiment ratio of long and short positions at Vantage. 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. Ultimately, I think the app will work well for beginners or anyone looking to stay up to date with market events whilst on the go.
Amazing Customer Support
I recommend the Raw ECN or Pro ECN accounts, as these offer ultra-tight spreads. The availability of the MetaTrader platforms and VPS also means that active day traders using automated systems are catered for. Looking at the downsides for day trading, execution speeds at Vantage aren’t the fastest. 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. All forms of payment have no additional costs for deposits; however, customers are still responsible for whatever fees their banks may levy.
- Therefore, there is also additional protection by liability insurance of 20 million USD.
- The low starting deposit of $50 ensures accessibility for those on a lower budget and the unlimited demo account allows you to practise trading risk-free for as long as you need.
- Funds deposited via bank cards and most e-wallets are processed instantly.
- Vantage Markets is one of the safest brokers in the world compared to other brokers due to the facts mentioned above.
Vantage Markets offers a free demo account, which is also unlimited here. Eight different base currencies are available for the trading account, and an Islamic account version is adjustable. Incidentally, there limefx broker reviews are no hidden account maintenance fees. After my tests, the execution for trades at Vantage Markets is sensational and happens directly without requotes. You can rent a VPS server if you need an even faster connection. In summary, Vantage Markets stands for a professional trading experience at low fees.
The live agent, Mohamed was really helpful and gave me all the answers I needed, thank you for the 5 star service. Similarly, ProTrader users can also access a range of tools for just a $200 minimum deposit, making this a more accessible option for newer traders looking to upgrade their package. My favorites are the Market Buzz AI news tool and the Analyst Views feed with live trade set-ups.
The Raw account and Pro ECN offer attractive pricing, especially for experienced investors looking for ultra-tight spreads with low commissions from $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. For comparison, the same pair at Pepperstone averages 1.1 pips. With that said, the commission-free trading model will serve new traders looking for straightforward pricing. My assessment found that fees at Vantage are competitive, especially in the higher account tiers.
Does Vantage Offer A Good Mobile App?
This can only be said of some brokers and is very difficult to recognize, especially for beginners. The strengths of Vantage Markets are transparent order execution and liquidity delivery. This means that the broker is connected to a network of large liquidity providers. The liquidity providers are transparently visible on the homepage. Large, well-known banks (HSBC, Bank of America, UBS, and more) are among them.
Is there negative balance protection on Vantage Markets?
At Vantage Markets, you do not have to worry about the payout. Due to the abovementioned regulations and licenses, the broker is a very safe trading partner. The withdrawal works with the same methods as the deposit. Vantage Markets processes withdrawals every business day during regular working hours. Within 24 hours, the withdrawal should be executed during the limefx forex broker week.
There are also no inactivity fees, which is a bonus for casual investors. When I used Vantage, I found that clients registering with the offshore entity can access several bonus deals and promotional offers. Funds deposited via bank cards and most e-wallets are processed instantly.
If you lack trading experience or knowledge, then captial.com is the best option. On the downside, fees and commissions tend to be slightly higher than on other platforms. Like many other brokers, Vantage Markets offers MetaTrader 4 and 5 as trading platforms. The MetaTrader has already been tested many times and is highly developed. Our tests and experiences confirm this because we like to use the MetaTrader ourselves. In the following section, we will introduce you to the features and functions of the trading platform.
The MetaTrader will be installed with a wide range of standard indicators. On request, however, self-programmed tools can also be added to the software. This is not a problem because the MetaTrader is very functional. Every quarter, the security and administration of client funds are reviewed, and corresponding financial reports are published.
Vantage is trustworthy based on my thorough background checking and research. The broker’s global user base, strong regulatory oversight and collection of industry awards are reassuring. The firm also uses important safety measures including segregated client accounts. For beginner traders, I appreciate the low $50 minimum deposit, unlimited demo account and selection of educational materials. The in-house platform is easy to use and there are hundreds of popular assets to trade. Based on my first-hand Lime Fx review, the firm is an excellent choice for traders looking for low fees, best-in-class tools and a range of global markets.
They offer seven asset classes and more than 12,000 markets to trade. Roboforex is registered in Belize, and regulated by the CySEC, FCA, ASIC, and FSA. According to their website, more than 900,000 customers are registered on their site.
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. 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. Below is my view on the tools that I think elevate the trading experience.