Vantage FX Review Forex Trading Broker Ratings 2024

However, Vantage trails industry leaders in key areas such as research and education. Another partner of Vantage FX is MetaQuotes, which was established in 2000 and is a leading forex trading platform provider. When compared to the industry averages, Vantage has a reasonably competitive system of fees and commissions in place.

  1. The fees you get charged on trades will vary depending on which of the three account types you have, with the Standard STP account offering zero-commission trades.
  2. Then we had to provide details about our address and whether we’re a US resident for tax purposes.
  3. Founded in 2009, Vantage is the brainchild of a highly specialised team with backgrounds in finance, forex trading and fintech.

That’s because all profits must be sent to a bank account linked to your name, as per Vantage’s anti-money laundering (AML) and CTF regulations. The FCA is considered a top-tier regulator in global financial services, so you can be confident when depositing and trading your funds with Vantage FX. Within the Academy, you’ll also get recent market news and analysis published by the Vantage team. If you’re considered a ‘Professional Client’, it’s also possible to open a PRO ECN account with Vantage FX. PRO ECN clients will also have access to trading underlying cryptocurrency assets like Bitcoin CFDs. All of which is available without the need of a cryptocurrency wallet.

Non-Trading Fees

But will the trade ideas, trading tools, and sentiment analysis type information give you an edge in the markets? There are mini-course-like articles that offer an introduction to forex trading and information like how to set up the MT4 trading platform. All in all, Vantage has a solid product offering, not as much as some other major brokers, but it should be enough for most traders. Charts By TradingView offers what we believe are some of the best charting options for retail traders. Lastly, there are a range of options for trading from your smartphone. MT4 and MT5 are both offered, which will run on either Android or iOS.

Great Customer Service and Variety of Withdrawal Options

In the case of VantageFX, they only provide the average for their commissions-based account (specifically their RAW ECN account) so we are able to compare this type of account. All content on 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. Vantage does not offer a comprehensive range of educational resources for traders, putting it at a disadvantage against brokers that make education a priority, such as CMC Markets or City Index. The range of available markets at Vantage will depend on which entity regulates your account.

There is also the Vantage App, which is essentially a branded version of the MT5 mobile app. Access to the demo account is completely free and available for 30 days. This is a good amount of time to get a hang of both Vantage and your chosen trading platform. All-in-all, to keep it simple, for most traders, you’ll be choosing between a standard account and a raw ECN account and most of the time this will be the RAW ECN account. Ross Collins, our chief researcher tested the spreads for 20 MT4 brokers for RAW-style accounts and found Fusion Markets and IC Markets to be among the top choices for tight spreads. At this time, we haven’t tested the spreads with VantageFX ourselves but when we do, we will update this page.

Vantage FX Partners

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 over 13 years of market experience and regulated in multiple jurisdictions, Vantage provides a trusted trading ecosystem that empowers limefx forex brokers reviews clients to seize trading opportunities. According to its website, Vantage is founded on the values of accountability, transparency, reliability, integrity and trust. As such, it is quite clear that Vantage takes its regulatory obligations seriously, making this broker one of the safest around.

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. Currently, there are no deposit bonuses available with this brokerage. Forex Swap rates are affected by market conditions and the interest rate of the affiliated countries of the chosen Forex currency pair.

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