This setup is ideal for those just beginning their trading journey, providing them with a supportive environment to develop their skills while managing their investment prudently. This platform is specifically designed for traders looking for more sophisticated trading capabilities, including more comprehensive market analysis and more effective execution strategies. MT5 allows for deeper analysis with its built-in economic calendar and additional timeframes, which are crucial for making informed trading decisions. The platform also supports automated trading systems, allowing traders to automate their strategies and capitalize on market opportunities efficiently. This makes MT5 an excellent choice for traders who demand high-level functionality and extensive analytical capabilities to navigate complex market conditions effectively. Since trading and non-trading fees can substantially impact trading performance, it is essential to pick a broker offering competitive prices.
MetaTrader 4
On a lighter note, our experts didn’t find any reports of scams or malpractice across the group. This also includes Vantage Markets (Pty) Ltd, which is regulated by the South African Financial Sector Conduct Authority (FSCA), license number 51268. As we wind up our review of Vantage FX, one of the best Australian CFD brokers operating since 2009, here is a summary of our study. Finally, the broker has bagged several industry awards from CV Magazine, Fintech Awards, The Forex Awards, IB Times Trading Awards, and more. Some of the awards include Financial Trading Services Provider of the Year, Financial Trading Services Provider of the Year, Best ECN Broker, Best Customer Support, and Best Forex Education Asia Pacific. Forex Swap rates are affected by market conditions and the interest rate of the affiliated countries of the chosen Forex currency pair.
However, payments to and from overseas banking institutions may attract intermediary transfer fees from either party independent of Vantage FX. Vantage FX’s financial institutional partners calculate the daily released rates using risk-management analysis. As a result, each forex currency pair has its forex swap charge, and interest is paid on currency sold and received on currency bought. 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. Between 74-89% of retail investor accounts lose money when trading CFDs.
Vantage Offered Cryptocurrencies
- The MyFxBook AutoTrade feature further enhances social trading opportunities.
- Another such problem was that Vantage allowed the famous fraudster to act as an IB for the operation for some time, although he was warned about this.
- As a result, all money withdrawn from your account must go to a bank account in the same name as your Vantage FX trading account.
- Fast, convenient, reliable, and most importantly – it is a very productive tool.
- Vantage scores highly regarding how easy it is to contact the customer support team.
Vantage has established itself in 2024 as a leading brokerage firm, renowned for its competitive pricing, advanced trading platforms, and strong regulatory compliance. Founded in 2009 and headquartered in Sydney, Australia, Vantage operates globally, serving traders with a commitment to transparency, security, and customer satisfaction. From regulatory adherence and security measures to diverse trading options and user-friendly platforms, this review covers all essential aspects to help you make an informed decision. Vantage offers a variety of account types tailored to meet the diverse needs and preferences of its clients.
- The average spread on commonly traded assets with a Raw ECN Account are 3.6 pips for gold, 0.3 pips for USD/JPY.
- Let us start with the Raw ECN Account round turn commission rates based on the available account currency options for Vantage customers, with calculations for standard, mini, and micro lot trading.
- The Vantage App is fine for managing your account and keeping track of positions on the move, but it isn’t suitable for advanced charting and technical analysis in my opinion.
- The platform also supports trading signals, with access to over 3,200 of them.
Forex, Gold & Crypto trading and training.
Let us start with the Raw ECN Account round turn commission rates based on the available account currency options for Vantage customers, with calculations for standard, mini, and micro lot trading. You can contact the helpful support team in a variety of ways through website based live chat, phone, or email. The website also hosts a helpful and detailed FAQ section which may remove the need for you to contact the support team at all. You will have a wealth of choice when it comes to charting tools and indicators with more than 50 available, and the ability to engage robots and algo-trading through the EAs feature should you wish. These trading platforms will both run through Mac or Windows, and on almost any device.
Non-trading fees
Some of this comes from the oneZero MT4 Bridge, which is a next-gen price aggregator that has a bandwidth of up to 100GB/s. To further promote that ultra-fast execution, the oneZero Bridge uses processors with up to 3.2GHz of frequency and 18 core speed processing. In addition to supporting Expert Advisors, MetaTrader 5 supports advanced EA backtesting algorithms to help you choose which ones to use. You can also use trading signals, either the thousands created by professionals, or the ones you create with the MQL5 programming language.
The majority of these deposit methods are offered free of charge, eliminating additional financial burdens on traders. Vantage is committed to processing these deposits promptly, ensuring that traders can fund their accounts efficiently and begin trading without unnecessary delays. This swift and cost-effective deposit process is part of Vantage’s dedication to providing a seamless and user-friendly trading experience for all its clients.
The active trader program also provides for a deposit bonus though this is not available under ASIC and in the UK or EU, and rebates which are a great way to reduce costs trading by volume. The minimum deposit is a little high and instrument range quite limited but they do also have a rewarding active trader program. Vantage Global Prime Pty Ltd, trading as Vantage, is regulated by the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC). Both regulators require brokers that they license to comply with KYC (Know Your Client) and client protection protocols. That means that when signing up for a new Vantage account, you must provide some personal and background information and proof of identity.
Vantage Trading Fees
You can speculate on some of the largest companies from the United States, the UK/Europe at $6 and €10 per trade, respectively. Some exciting features you will Worldtradex courses scam enjoy from this platform include three real-time chart types with nine timeframes, good drawing tools, various technical indicators, and more. So, the Pro ECN Account is the cheapest of the three accounts, which is why it is offered to high-volume traders. ECN accounts at Vantage FX charge commissions, but Standard STP accounts do not.
The inclusion of social trading allows you to choose a professional trader that you trust and eliminate the need to complete as much research and analysis yourself. Vantage FX offers three trading platforms, depending on where you’re located. A trading platform is simply a software interface that allows you to place trades. Trading platforms often come with charting, research, and order processing tools, too.
ForexBrokers.com 2025 Annual Awards
Founded in 2009, Vantage is the brainchild of a highly specialised team with backgrounds in finance, forex trading and fintech. Delivered through powerful trading platforms, Vantage puts significant emphasis on user trust and transparency, which is backed up by an award-winning customer support team. This combination has helped Vantage to become one of the market leaders in the Australian market. Vantage offers a range of spread options tailored to different trading strategies and market conditions. Traders can choose between fixed spreads, which remain constant regardless of market volatility, and variable spreads, which fluctuate based on real-time market conditions. For major forex pairs such as EUR/USD, spreads can be exceptionally low, starting at just 0.0 pips in professional accounts.
The broker also has a robust privacy policy and abides by AML and CTF policies. The customer support team endeavours to respond to all queries within 24 hours. Opening and funding an account can be done in GBP, meaning you won’t be charged currency conversion fees.
This feature is particularly advantageous for active traders who prioritize cost efficiency, as tighter spreads can significantly reduce trading costs and potentially increase profitability. Vantage provides access to the widely acclaimed MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are favored within the industry for their reliability and comprehensive range of features. Additionally, Vantage offers its proprietary trading platform, Vantage Mobile, designed to provide an intuitive and seamless trading experience across multiple devices. These platforms cater to a variety of trading styles and strategies, making them suitable for traders at all levels of expertise. MT5 offers even more advanced features, including more technical indicators, graphical objects, and timeframe options, along with an integrated economic calendar and enhanced order management tools.