Vantage Markets Reviews Read Customer Service Reviews of vantagemarkets com

Also note that limefx scammers Vantage will issue a margin call when your account drops below 80%. The stop-out level is automatically triggered when your account is below 50% of the required margin. The range of forex assets offered by Vantage is not the widest, with 49 currency pairs available.

The PRO ECN is aimed at professional traders and money managers who need to trade high volumes. The minimum deposit required is $20,000 with variable spreads starting from 0 pips and commission from $2. The forex market is the largest in the world in terms of volume with a daily turnover of more than $4 trillion. When trading forex you are speculating on the price of one currency against another as forex markets are traded as currency pairs. If a trader was buying the USD/JPY currency pair, they would be buying USD and selling JPY.

Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have traded with Vantage we would really like to know about your experience – please submit your own review. Ultimately, I think the app will work well for beginners or anyone looking to stay up to date with market events whilst on the go.

You accept full responsibilities for your actions, trades, profit or loss, and agree to hold The Forex Geek and any authorized distributors of this information harmless in any and all ways. A Forex Economic Calendar is a useful tool for Forex traders to track important, potentially market-moving events. Many Forex traders use the economic calendar as a release schedule to assist them in anticipating when major movements will happen in the market.

Fees & Costs

1. The Vantage App is fine for managing your account and keeping track of positions on the move, but it isn’t suitable for advanced charting and technical analysis in my opinion.
2. There are also no inactivity fees, which is a bonus for casual investors.
3. The platform’s social trading features allow you to build a following and earn commissions on copied trades.
4. With a large number of professional Forex traders choosing MT4 as their charting platform of choice, MT4 makes it possible for traders to follow their every order in real time!
5. If you need MAM / PAMM solutions, ACY Securities might be worth checking out.

Sentiment analysis is often used as part of a contrarian trading strategy. The mini terminal is for traders who require extra speed when entering or exiting positions as it enables trading with complex order types in just one click, directly from the chart. When it comes to managed accounts for manager and investors, this is one of the best solutions I have come across. It makes the whole process simple, with the broker providing you with everything needed. If you need MAM / limefx PAMM solutions, ACY Securities might be worth checking out.

All of the main MetaTrader features are available through the mobile application (no automated trading) and it can be downloaded for free from the relevant app stores. Never had a real issue with Vantage, until I tried to contact support for a trade that I believe was executed incorrectly. I have reached out multiple times, and never had a single response.I will happily change my rating once my issue is resolved. The only Problem what i had mostly when i wanted to chat with an agent there was one agent named Aymane who never really helped me with my issues. One time he told me that i have no acces to a bonus but in the end i got it .He didnt helkped me with my IB transfer .

MT4 & MT5 WebTrader Platforms

It’s also good to see that bank transfers, cards and some e-wallets are fee-free.

Trade Share CFDs

I think Vantage could improve its education by introducing more interactive learning materials such as courses with quizzes or progress trackers. After rigorously exploring Vantage’s platform, I found the research tools to be fairly comprehensive. After signing in to the ProTrader platform, the sleek interface is instantly recognizable for me as the platform is powered by the market-leading TradingView. For example, it would have been more convenient if I had direct access to the web platform after logging in, rather than having to navigate through several pages first. There are excellent diversification opportunities, especially the bond and ETF offerings, which aren’t available at many alternatives based on testing.

Funds deposited via bank cards and most e-wallets are processed instantly. I tested the broker’s processing times using both a Visa card and Neteller and found that my funds were available immediately. I have no complaints about the wide range of funding methods at Vantage, with plenty of accessible options for global clients. I can deposit using bank wire transfers, credit/debit cards and e-wallets such as Skrill, Neteller and AstroPay. As you can see from my comparison table below, Vantage stands up well against top competitors when it comes to available payment methods.

Morgan, HotSpot FX, National Australia Bank (NAB), Citibank, BNP Paribas, HSBC, Royal Bank of Scotland (RBS), Credit Suisse, Goldman Sachs, Bank of America, UBS and more. They have some of the best liquidity providers that I have seen from any broker. But when I asked where I could check that, they did not told me where I could see a list for which withdrawal options for which regions are available.

I can also have multiple charts open simultaneously, which is ideal for active traders. 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. 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).

With their user-friendly interfaces and many advanced features, the MT5 and MT4 are one of the most utilized trading platforms across the globe. Demo accounts are available to test the different trading platforms and conditions before opening a real account. You can get a demo account with nearly all brokers but I always feel it can be a good way to test the service of a particular broker to get a rough idea of what to expect. I like it when a broker gives us the choice as we all have our own strategies. The main differences between the accounts are the minimum deposits, spreads and commissions. The account type that you go for will probably depend on your investment size and if you want low spreads with a commission fee, or if you prefer to trade with zero commission and a spread mark-up instead.