In terms of the look and feel, I personally find trading on this software a more enjoyable experience than MT4 and MT5. The default dark mode workspace is easier on the eye, especially when layering color-coded indicators and graphical objects. Traders can access a free demo account at Vantage which gives you $100,000 in virtual funds to practice with. Again, Vantage doesn’t charge any internal fees for withdrawals, which is a positive if you make regular withdrawals.
Appreciate the help of Fatin
During my testing, I was pleased that I could view complete historical data of all available strategy providers, which helped give me peace of mind when choosing who to follow. Experienced copy traders who deposit $2,000 can copy up to 12 strategies in the DupliTrade platform. ZuluTrade is a good copy trading platform for beginners since it only requires $200. The tool allows you to follow other strategies in a user-friendly dashboard. Below is my view on the tools that I think elevate the trading experience.
What is the Vantage Partners Program?
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. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Vantage is a top-tier broker with some of the lowest trading fees I have seen. It’s just a shame the Pro account has a steep $10,000 starting investment.
- As for accessibility, I’m pleased to see that Vantage offers both the web and desktop versions of the platforms.
- ZuluTrade is a good copy trading platform for beginners since it only requires $200.
- The agreed SL of 5% was not enforced and within several hours all the money was gone.
- The ECN account is a good option for active traders looking for zero-pip spreads and low $3 commissions.
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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. The STP account does offer zero commissions but wider spreads from 1 pip.
Does Vantage Offer Low Fees?
Please note, some markets may only be available via CFDs or other derivatives. Compare Vantage with the top 3 similar brokers that accept traders from your location. The broker is available 24/7, which is a notable advantage compared to the 24/5 support offered by many competitors. I think Vantage could improve its education by introducing more interactive learning materials such as courses with quizzes or progress trackers. Overall, beginners and intermediate traders should find plenty of resources at Vantage, though I would say that the selection is not as comprehensive as other brands like IG.
With over 13 years of market experience and regulated in multiple jurisdictions, Vantage provides a trusted trading ecosystem that empowers clients to seize trading opportunities. 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. In this Vantage review, I share the key findings from my comprehensive assessment of the broker. I evaluate the firm in all the important categories, including regulation and trust, investment offering, trading fees, account options, and platform functionality.
I have been particularly impressed with the comprehensive range of third-party social trading platforms, including Myfxbook and ZuluTrade. 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. The minimum deposit is pretty steep at $10,000 – more than other pro-level accounts I have reviewed. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. 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). Vantage is a global, multi-asset CFD broker offering clients access to a nimble and powerful service for CFD trading on Forex, Indices, Stocks, Commodities, ETFs and Bonds.
These are instructions to your brokerage for when to open and close orders. I was pleased to find no deposit or withdrawal charges, keeping costs down. There are also no https://limefx.club/ inactivity fees, which is a bonus for casual investors. I want to stress that while high leverage can boost potential profits, it can also cause significant losses.
Earn a volume-based commission for each trade made by clients you’ve referred. Partner with an industry-leading, multi-asset broker and join our partner programs today. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. For an alternative trading experience, I think the ProTrader is a compelling option.
However, Vantage trails industry leaders in key areas such as research and education. As with many other mobile apps I’ve tested, you cannot run any detailed technical analysis in the Vantage app since it doesn’t offer any indicators or drawing tools. 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.
As for accessibility, I’m pleased to see that Vantage offers both the web and desktop versions of the platforms. It’s easy to access all options from the client dashboard under the ‘Downloads’ tab. Based on my tests during normal trading hours, the Standard Account offers an indicative spread of 1.4 pips on the EUR/USD, which is reasonable though not the lowest. With that said, the commission-free limefx broker reviews trading model will serve new traders looking for straightforward pricing. When I used Vantage, I found that clients registering with the offshore entity can access several bonus deals and promotional offers. As you can see from my comparison table below, Vantage stands up well against two of the most tightly regulated brokers in the industry, Pepperstone and AvaTrade.
There are excellent diversification opportunities, especially the bond and ETF offerings, which aren’t available at many alternatives based on testing. Vantage offers a strong suite of trading instruments, with 1000+ CFDs spanning forex, stocks, commodities, indices, bonds and ETFs. 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. As for licensing, I’m glad to see that many clients will be registered under tier-one-regulated entities. Read our full explanation and accounting of our research and testing process to learn more about how we test. By the Financial Conduct Authority (FCA) under Vantage Global Prime LLP, for institutional clients.
