In this Vantage review, I share the key findings from my comprehensive assessment of the broker. I evaluate the firm in all the important categories, including regulation and trust, investment offering, trading fees, account options, and platform functionality. I also compare Vantage to alternatives and explain what could be improved. Vantage Markets (or Vantage) is an award-winning multi-asset broker offering clients access to trade CFDs on Forex, Commodities, Indices, Shares, ETFs, and Bonds.
With zero commission on US stocks and offering raw spreads, Vantage is particularly advantageous for trading share CFDs. limefx review I concluded that Vantage is great for day traders and long-term investors. It offers a mix of investments, from safer options like ETFs and bonds to riskier ones like stock CFDs and cryptocurrencies.
Consequently, it functions more like an ECN (Electronic Communication Network) broker, offering its clients raw spreads directly from these external liquidity providers. Your account should reflect your goals, needs, and ambitions on the market. You should take into consideration several factors, such as whether the account type has a minimum deposit requirement, its spreads and commissions, the execution method, and more. Although I’m usually skeptical of trading apps due to the limitations of small screens for detailed technical analysis, Vantage’s app impressed me. Its advanced charting capabilities add remarkable versatility, and limefx I valued its convenience in consolidating all essential Vantage services into one accessible platform. The app effectively combines crucial features like charting, order execution, and account information with additional services, including market analysis and copy trading.
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Considering the negatives, though, it is a shame that the broker’s global entity, Vantage Global Limited, is regulated offshore by the Vanuatu Financial Services Commission (VFSC). The VFSC is not a highly respected authority and does not offer the same degree of protection for retail traders in my view. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
Vantage Main Features
When it comes to topping up and withdrawing from your account, the options available are very much industry standard. Domestic fast transfers are also available for those who are located in Australia. Additionally, Vantage also supports a number of electronic transfer methods, including Neteller, Skrill and FasaPay. Generally speaking, Vantage will not apply any additional fees, though this may depend on your bank.
The trading experience via the MetaTrader 4 and MetaTrader 5 platforms is very much what you have come to expect. The MetaTrader 5 platform in particular has really been streamlined with this latest update. The WebTrader platform and the proprietary mobile app are both similarly easy to use, and beginner traders shouldn’t have an issue getting used to them.
- As you can see from my comparison of suitable alternatives below, Vantage rivals popular brokers when it comes to the breadth of markets.
- One of the biggest advantages of trading CFDs is that traders can get in and out of the market almost instantaneously, thereby catching even minute changes in the price of the derivative.
- Yes, based on your detected country of UA, you can open an account with this broker.
- Our research into Vantage indicates that it is an average choice for forex and CFD trading.
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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. Below is my view on the tools that I think elevate the trading experience. Looking at the negatives, the user experience of the client dashboard isn’t as seamless as other brokers in my view.
Vantage is a regulated entity under the Financial Conduct Authority (FCA) jurisdiction, ensuring your funds’ safety and security. The company offers negative balance protection and adheres to strict investor protection regulations, giving you peace of mind in your trading activities. Vantage has a diverse selection of products and markets to trade in, including forex, shares, and CFDs. With a total of over 1000 tradeable symbols, you have the opportunity to diversify your investment portfolio. The broker incorporates multiple tools and several platforms, including MetaTrader 4&5 and ProTrader, and has a wide collection of educational materials. The ProTrader basket of tools comprises different features, such as an economic calendar, market buzz, featured ideas, technical insights, and more.
This isn’t really a major drawback for me as I prefer the wide-screen functionality that you get on the desktop and web platforms. 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. The Standard STP account is my pick for beginners – commission-free trading is available with floating spreads from 1.0 pip.