Vantage Review 2025 Pros, Cons & Key Findings

In addition, the broker asks you to verify the account with appropriate documents before the first deposit. This bank has the highest rating and a more than $ 93 billion market capitalization. This is one of the safest banks in the world, and client funds are kept separate from company funds. Vantage Markets is one of the safest brokers in the world compared to other brokers due to the facts mentioned above. No other company offers such security as Vantage Markets through so limefx forex brokers reviews many parts of the business.

However, other methods require longer to process with bank wire withdrawals taking up to five working days. I appreciate that the broker charges no deposit or withdrawal fees but some payment methods have third-party charges, for instance, international wire transfers as outlined above. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. If you need a high level of leverage and want to trade tight spreads, you should switch now or open your first trading account. To do so, upload a photo of proof of identity and proof of residence.

Open your free account with Vantage Markets

To allow a final verdict, the support and service for traders must also be tested. I would also like you to close positions internally by phone or chat in emergency situations. Vantage Markets offers comprehensive support via phone, chat, or email. On weekdays, support is available 24 hours a day at the regular market opening hours. Stock market trading is risky, and an obligation to make additional payments cannot be suspended with a genuine ECN broker. If the market opens elsewhere and there is no liquidity to close or open your order, you will be given the next best price.

Platform Info

It is worth noting that swap fees apply to positions overnight. However, this is standard practice and Islamic accounts avoid this charge, though an admin fee is levied instead. As you can see from my comparison of suitable alternatives below, Vantage rivals popular brokers when it comes to the breadth of markets. Vantage offers a strong suite of trading instruments, with 1000+ CFDs spanning forex, stocks, commodities, indices, bonds and ETFs. Traders can access a free demo account at Vantage which gives you $100,000 in virtual funds to practice with.

That means no time is spent redirecting your approach if you are looking for information on tech issues, partnerships, or complaints. Vantage does not have actual cryptocurrencies; however, the company provides CFD contracts for popular cryptocurrencies. Spreads start at 0 pips (as you would expect from such an account), but a commission of $ 3 is charged on each lot.

• Social trading is offered via service providers like Duplitrade, ZuluTrade and Myfxbook.
• For newcomers, the design may feel a little dated compared to some alternatives, but in my experience, the look and feel of the platform is easy to get used to.
• Then, you simply choose the traders you want to copy based on their performance, strategy and trading style, and their trades will be duplicated on your Vantage MT4 or MT5 account.
• Lightning fast execution speeds, the tightest of spreads and even more powerful charting capabilities than MT4 are just some more of the features that make MT5 so powerful.
• In this Vantage review, I share the key findings from my comprehensive assessment of the broker.
• Trading with a broker that is licensed by ASIC is always going to be a wise choice.
• Leverage the volatility of the largest stock market indexes in the world such as the SP500, DAX, FTSE and DJ30.

Third-party platforms such as MetaTrader 4 and MetaTrader 5 are supported as well as a ProTrader terminal powered by TradingView and a Vantage App. The Standard account uses a straight-through processing (STP) model. Here, the processes involved are fully automated with no manual input, with orders being routed directly to a liquidity pool.

Tools

There are various platforms to choose from at Vantage, including MetaTrader’s MT4 and MT5. An account type also must be set during the onboarding process, with STP and ECN options in standard and ‘swap free’ format. Vantage offers its customers to use the section on the website that is dedicated to the education of future traders. This account type offers access to the full range of markets supported by the broker and its minimum balance requirement is $200. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

Trade Share CFDs

It operates on Vantage App, MetaTrader 5, MetaTrader 4, TradingView, and ProTrader platform. The multiple platforms cater to different trading needs of the investors. 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.

Accounts & Banking

An example of one such trade would be a EUR/USD buy trade, meaning buying EUR and selling USD. The Vantage website shows a typical spread of 1.4 pips on EUR / USD on a Standard account. On Raw ECN accounts, the typical spread is 0.1 pips with a commission of $ 3 per way ($ 6 per full transaction). Despite the fact that most of the reviews/reviews that brokers use on different portals are positive, there are always some who do not agree. Obviously – apart from the usual range of complaints about withdrawals and a bargain – the broker was involved in a number of allegedly behind-the-scenes actions at certain points in his existence.

• To open a live or demo account, users simply need to go to the Vantage homepage and select “Live Account” or “Demo Account” located in the upper right corner.
• This account provides traders with low spreads and low commissions.
• It is essential to bear in mind that each investment has inherent risks and to consistently do thorough research and analysis.
• We also note that withdrawals are only processed Monday to Friday, so traders should be aware of this when requesting funds.
• This includes over 20 different chart layouts, 8 timeframes, and a large selection of drawing tools.

Mohamad Amin Vantage customer service

This is a particularly useful tool for experienced forex day traders who automate strategies, as it allows them to set their algorithms to work 24 hours a day with the fastest connectivity available. This uses an external server to manage trading connectivity meaning your account is running without the downtime caused by computer problems. One thing that I think works very well is the gamification of this application, with benefits and commission earned from the program scaling up depending on your success. This TradingView-enabled limefx review platform has a slick interface and premium analysis tools.

Both MT4 and MT5 are well-regarded forex trading platforms that provide powerful tools including advanced technical indicators, customizable charts and signals. Our only major criticism is the hefty minimum deposit of $10,000. Whilst this won’t deter many high-volume traders, it is noticeably higher than most of the pro forex trading accounts we have assessed. Like many other brokers, Vantage Markets offers MetaTrader 4 and 5 as trading platforms.