To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. It also offers its own proprietary Vantage app, which https://limefx.name/ – despite the added distraction of in-app ads – shows real promise as a trading platform. Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
Trading App
The competitive pricing in the ECN accounts, additional tools and the rebate scheme also make Vantage a good option for more experienced, high-volume traders. In addition, the VPS and access to the MetaTrader software will serve algo traders. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. 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.
- I have no complaints about the wide range of funding methods at Vantage, with plenty of accessible options for global clients.
- I tested the broker’s processing times using both a Visa card and Neteller and found that my funds were available immediately.
- As for licensing, I’m glad to see that many clients will be registered under tier-one-regulated entities.
- Vantage is trustworthy based on my thorough background checking and research.
- While I rate the competitive ECN accounts, I think it’s a shame that some serious traders will miss out on the best trading conditions in the Pro ECN solution.
Other trading platforms
My only minor complaint is that the selection of shares is lighter than some brokers like CMC Markets. Again, Vantage doesn’t charge any internal fees for withdrawals, which is a positive if you make regular withdrawals. I appreciate that there is no minimum transaction on credit card and international bank transfer withdrawals but there are minimums on most other methods starting from $0.01 for Perfect Money.
Is Vantage Good For Beginners?
When I used Vantage, I found that clients registering with the offshore entity can access several bonus deals and promotional offers. Thankfully, Vantage gets an easy seal of approval and a very high trust score from me. Vantage is a top-tier broker with some of the lowest trading fees I have seen. No, Vantage is an ECN/STP broker, which means it sources quotes from several external liquidity providers with no dealing desk intervention. To get started, simply choose from the list of Spotlight or Signals providers, decide how much you want to trade, and add any risk management parameters. In addition to copy trading features, Myfxbook Autotrade offers journal features where you can keep track of your trading history.
Bonuses & Promotions
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. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
Does Vantage Offer A Good Mobile App?
Looking at the downsides for day trading, execution speeds at Vantage aren’t the fastest. Importantly, I was very pleased to see that there is no time limit on the demo mode, which is good compared to most online brokers who automatically close paper trading accounts after 30 or 60 days. This ultimately means aspiring investors will always have access to a risk-free environment to test trading systems. 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.
Offering of investments
Yes, Vantage offers a decent mobile app which offers access to account management features and trading tools whilst on the move. The application allows you to place trades, follow market news and create watchlists, but I learned that it isn’t the best for serious charting and technical analysis. Vantage offers 55+ currency pairs – above the industry average, so experienced traders can explore plenty of opportunities. Vantage’s deep liquidity pool provides forex spreads from 0.0 pips in the ECN account, lower than many alternatives. Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5.
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 broker’s proprietary copy trading platform limefx official site is ideal for copy traders looking for additional perks. I’m confident that both beginners and experienced traders will be catered to when it comes to charting and analysis tools. Importantly, as you can see from my comparison of other brokers below, Vantage also holds its own in terms of access to the best trading platforms.
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. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. My tests have shown that trading fees at Vantage are fairly competitive but not the lowest I have seen.
By the Financial Conduct Authority (FCA) under Vantage Global Prime LLP, for institutional clients. Vantage also has an entity that holds regulatory status with the Cayman Islands Monetary Authority (CIMA), and by the Vanuatu Financial Services Commission (VFSC) in Vanuatu. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
It only took a few minutes to download and sign in and then you can chat with other traders and mirror strategies in a few clicks. I was able to access convenient account management features, as well as trade monitoring. The only downside is that you don’t get access to a library of additional indicators or trading robots. With this in mind, I think ProTrader terminal is a better choice for intermediate traders or those who aren’t interested in exploring automated trading features. During my testing, I was pleased to see a strong range of 12 chart types and 8 time frames, plus 100+ technical indicators and over 50 drawing tools. For an alternative trading experience, I think the ProTrader is a compelling option.
Changing to horizontal mode offers an optimal charting view, though frustratingly it can take a few seconds for the app to respond. Fortunately, this minor drawback is outweighed by the ease of overlaying indicators and drawing tools, plus the integrated economic calendar, newsfeed, market analysis, and even FX TV. Vantage remains an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start day trading quickly. I have been particularly impressed with the comprehensive range of third-party social trading platforms, including Myfxbook and ZuluTrade.
Spreads are super tight, execution is fast and reliable, platform is great. Help is available via live chat, email or telephone, with waiting times for responses scoring very well. To measure the quality and speed of customer service at Vantage, I tested the live chat feature by asking several trading-based questions at different times of the day.
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. The platform’s social trading features allow you to build a following and earn commissions on copied trades.
An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. The MetaTrader platforms come with some of the most comprehensive libraries of technical indicators and drawing tools. Vantage continues to offer commission-free trading on global markets with tax-free profits for traders from the UK and Ireland. Helpfully, you get access to all the same platforms for spread bets, as well as commission-free trading. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).