One of Vantage FX’s VPS partners is ForexVPS, which allows users to simply log in to their servers through any stable desktop or mobile device. The broker offers access to ForexVPS free of charge for clients that have a minimum balance of $1000. If you’re a complete beginner and want to learn how to trade, you can find better educational options elsewhere. But, if you somewhat know what you’re doing, Vantage offers competitive spreads and commissions.
- 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.
- Most negative reviews centered on the company’s slow response to customer support and withdrawal requests.
- Vantage does not offer a comprehensive range of educational resources for traders, putting it at a disadvantage against brokers that make education a priority, such as CMC Markets or City Index.
- The value of your investment may fall as well as rise and you may get back less than your initial investment.
- It is, therefore, unsuitable for those who lack proficiency and sufficient experience.
Vantage FX provides an extensive selection of educational tools to help forex traders of all skill levels. There is a step-by-step guide for Learn to Trade Forex, including a market overview, market analysis, and trading psychology. With the Vantage FX Forex Rebate Program, clients receive rebates daily in the form of cash that is instantly sent to their MT4 trading account.
Educational tools at Vantage FX
Vantage also offers competitive trading conditions, including low spreads, high leverage, and fast execution speeds. The broker offers a range of account types to suit different traders’ needs, including standard accounts, Islamic accounts, and professional accounts. Vantage FX is a legitimate, secure and FCA-regulated broker with tight spreads and low commissions.
What can you trade?
To open a demo account, select the ‘Demo Account’ button on the broker’s website, fill in your details and submit the form. There are zero deposit fees, though your financial institution may have its own charges. Clients limefx review can refer to the ‘Market Watch’ panel on the MT4 platform to get the most up-to-date swap rates and live spreads. Established in 2009, the company founders consist of a team of finance, forex and technology experts.
Trading Instruments Offered on VantageFX 2023
From the table above, the spreads offered by Vantage FX Standard STP Account are a bit higher than those offered by the big names in the industry — IC Markets and Fusion Markets. Note that Vantage FX does not offer its services to residents of specific areas such as North Korea, Japan, the United States, and other regions. In this broker review, we will pay attention to the critical aspects of Vantage FX, which you may consider before deciding https://limefx.group/ whether to trade with this online brokerage. When all of that was complete, we were ready to deposit funds into the account. There are regular educational webinars, which are run by a trading education firm called Trade With Precision which focus on topics such as specific technical indicators and trader psychology. If you’re located in Australia, the UK, or South Africa, your account will be regulated by your country’s regulatory body.
Clients can get up to €20,000 per client from The Compensation Fund if the broker does not comply with any judgment of the Financial Commission that favors the client. InvestingReviews provides you with independent reviews and comparison services to help you on your investing journey. Our website is 100% free for you to use and we may receive compensation from brands featured on our site, however, compensation received will have no impact on our editorial, guides and reviews. The minimum deposit for Standard STP and RAW ECN accounts at Vantage FX is set at £200 and £500 respectively. The minimum deposit rises considerably to £10,000 for PRO ECN account holders. Users can auto-copy profitable traders within the V-Social community.
Market research
All up, there are 57 forex pairs, which is all of the major FX pairs, as well as most of the major cross-currency pairs. One particular downside with Vantage ProTrader is that it’s browser-based, which could be a problem if you have a slower computer. The other downside is that it’s just a charting platform at the moment, Vantage doesn’t offer trade order entry through it. Firstly, there’s MetaTrader4 (MT4), which is the industry standard work-horse software. This is the ultra-reliable, Toyota Hilux of the forex industry, which will solidly run on desktop, Mac, Android, or iPhone. MT4 has a ton of features, including use of Expert Advisor tech for custom trading analysis.