Vantage FX Review 2023: Pros, Cons and How to Start Trading

An essential facet of my Vantage review is based on assessing the choice of retail and pro trader tools and informational support at your fingertips. You can also find manuals on how to use the MT4 trading platform for the first time. Vantage FX offers 9 base currencies; EUR, AUD, SGD, CAD, GBP, NZD, HKD, JPY. You will have to pay conversion fees if you fund with any other currencies except those.

Customer support

It contains trading setups which can be used to compliment your own trading strategy. Signals can be delivered directly into your email inbox twice per day. An expert advisor (EA) is an automated trading system that runs on charts in the MT4 trading platform. They can analyse the markets for trading opportunities and place, manage and close trades automatically. Vantage MT4 users can gain access to thousands of EA’s from within the MT4 markets tab. There are reviews and statistics of these EA’s although it should be noted that past performance is by no means any guarantee at all of future results.

1. They provide a vast array of additional trading tools and convenient account funding methods.
2. I am a big fan of trading apps as they allow me to keep track of the markets and any positions at a time that works for me without needing to load my computer.
3. As a result, we opened a demo account in addition to our genuine account and compared the terms.
4. Basic FX trading knowledge is available, as well as instructions for MT4 and MT5.

Account Types

Trading newbies can build up their knowledge and experience by opening demo accounts. Those who already are seasoned traders can register for STP and ECN accounts. Customers of the Muslim faith are granted the option to execute swap-free trades. Another partner of Vantage FX is MetaQuotes, which was established in 2000 and is a leading forex trading platform provider.

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At the same time, the broker maintains that this business strategy allows him to live off the spreads. As a result, there is no guarantee that clients will trade at the liquidity pool’s initial prices, in our opinion. In addition to all the other account features available, Vantage has also got a number of other bonus features that make an account with it even more appealing. This includes a ‘refer a friend’ scheme, an active trade programme, a 50% deposit bonus, and a rebate scheme. The ‘refer a friend’ scheme is potentially lucrative and gives you the opportunity to earn a $150 bonus for every successful referral – this also gives them a $100 sign-up bonus. The active trader promotion offers users who open a Standard STP account funded by at least $10,000 the opportunity to earn bonuses based on their account activity.

Trading Platforms

But our results do suggest there may be certain currency pairs to look out for, for example, our test suggests the spreads for the AUD/USD pair might be a bit high. The broker’s offering of funds insurance upto $20,000 through the Investors Compensation Fund (ICF) is a commendable step towards the clients’ fund safety. Vantage FX is one of the few brokerage houses that has been operating for a decade now.

The underlying catalog in the raw spread account

This account was specifically designed for those forex traders who cannot pay or receive swaps due to religious beliefs. It offers the same eight base currencies and does not offer $2.00 AUD per lot rebates. Additionally, Vantage FX prides itself on using top-tier liquidity providers so clients have access to deep institutional liquidity pools. Vantage FX makes transparency a priority, particularly given that the forex industry is frequently cloudy.

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CPA Affiliates get complimentary access to CellXpert, via the Vantage FX partnership with that state-of-the-art marketing platform. The partnership is available for both corporate clients and individuals worldwide. One of the partners is the previously mentioned oneZero, a partnership that provides Vantage FX with crucial trading technology, including the oneZero MT4 Bridge platform. Vantage FX uses a oneZero MT4 Bridge, which is a next-generation price https://traderoom.info/an-overview-vantage-fx/ aggregator that connects Vantage FX’s dark liquidity pool with the client’s MT4 platform. This oneZero MT4 Bridge is actually the only existing solution of a technically advanced nature that can handle the vast number of market orders that require execution and do so at high speeds. Those who are interested in statistics will want to know that Vantage FX is stable at 99.99 percent of MT4 uptime and has improved the execution speed by 78 percent.

Zulu Trade offers social trading and MyFXBook AutoTrade offers automated trading. Vantage currently offers CFD trading across forex pairs, indices, commodities, https://traderoom.info/ metals, energies and US/UK/HK/EU/AU shares. In total, Vantage offers 24 different CFDs across a range of different financial instruments and assets.

From any page on the Vantage FX website, you can click on the Chat button in the lower right corner of the screen to begin a live chat. This Smart Trader Tools Package is free for anyone who meets the minimum deposit of $1,000. The rebate program also applies to future deposits higher than $1,000. As is standard, withdrawal requests must use the same method as your deposit up to the original amount deposited.