Across these platforms, Vantage provides quick market execution, quality charting and analysis tools, and the ability to enter limit and stop orders. While the MetaTrader 4 and MetaTrader 5 have the same offers in terms of account type, range of markets, platform access, leverage, and minimum trade size, they, however, provide 9 and 21 timeframes respectively. Trading at Vantage is cheap since traders don’t get levied with charges for most of the services the broker offers. For the most part, traders don’t pay commissions, except for specific types of accounts. Then, there are no deposit, withdrawal, and inactivity fees.
Vantage Markets (« Vantage FX, » or « 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. https://worldtradex.world/ However, Vantage trails industry leaders in key areas such as research and education. The demo account from Vantage enables traders to trade with real-life conditions, even though they are trading with unreal funds.
You can rent a VPS server if you need an even faster connection. In summary, Vantage Markets stands for a professional trading experience at low fees. The offer and the terms of the broker exclude the competitors. Captial.com is one of the biggest online brokers available and is certainly very trusted. They managed to attract millions of users thanks to the simple interface and the dedicated support team. If you lack trading experience or knowledge, then captial.com is the best option.
What are the pros and cons of Vantage Markets?
Due to the abovementioned regulations and licenses, the broker is a very safe trading partner. The withdrawal works with the same methods as the deposit. Vantage Markets processes withdrawals every business day during regular working hours. Within 24 hours, the withdrawal should be executed during the week.
This makes XTB one of the safest brokers in the world, so you can’t go wrong with them. There are enough drawing tools available for technical analysis. In this software, you will find everything you need to perform a professional analysis. Overall, Vantage Markets offers a very high level of security. The broker is regulated by the Australian regulator ASIC, the Cayman Islands Monetary Authority CIMA, and is audited by KPMG (auditing firm).
The website has been translated into German, Chinese, Indonesian, and more. The support is in English, and other languages are missing. Still, you can only expect some supported languages from an Australian broker. From our experience, support for Vantage Markets is lightning fast. The demo account is the best way to practice trading and improve investment results.
Vantage is licensed by top-tier financial regulators across three continents. These include the UK Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), the Cayman Islands Monetary Authority (CIMA), and the Vanuatu Financial Services Commission (VFSC). Informed me I would get an email when issue was resolved which was the case. No, there aren’t any costs for deposits or even withdrawals. Select one or more of these brokers to compare against Vantage.
Like other reputable online brokers, Vantage Markets makes the majority of its income from spreads or commissions from the traders, depending on the account type. But, in return, the broker will reinvest a lot of those gains in improved customer support, security features, and other things that will make your life as a professional trader easier at the end of the day. Eight different base currencies are available for the trading account, and an Islamic account version is adjustable. Incidentally, there are no hidden account maintenance fees. After my tests, the execution for trades at Vantage Markets is sensational and happens directly without requotes.
Conclusion of the Vantage Markets review: Professional online broker – No scam detected
- We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
- The demo account is excellent for testing new strategies or markets.
- Otherwise, Vantage may stop the transactions from going through.
- Considering the numerous reports we are receiving about this company, before making any type of financial investment we urge you to proceed with extreme caution (we advise you to avoid any type of investment!!!).
- 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.
All withdrawal applications are processed Monday – Friday, 9 am to 7 pm (AEST), within a single business day. The account opening process is straightforward with Vantage Markets. You can create your trading account in just a few steps.
You must deposit at least $ 500 for the RAW ECN account and at least $ 20,000 for the PRO ECN account. The capitalization of the https://worldtradex.blog/ trading account is elementary and works through proven methods. The verification is similar to any other broker as well. To do so, upload a photo of proof of identity and proof of residence. The documents are usually confirmed within 24 hours (that’s how it was for me), and then all the functions of the trading account are available to you.
In case of significant problems, the support can access your computer via external software (Teamviewer). This service is a real selling point of Vantage Markets. The funds that traders deposit into their trading accounts at Vantage are safe and secure. This is because of the preparations that the broker has made to ensure that the funds of traders are protected. These arrangements include the holding of clients’ funds in accounts that are separated from the broker’s own funds.
Free and unlimited demo account
Our tests and experiences confirm this because we like to use the MetaTrader ourselves. In the following section, we will introduce you to the features and functions of the trading platform. It also offers its own proprietary Vantage app, which – despite the added distraction of in-app ads – shows real promise as a trading platform. You can do so via a dedicated phone number, email, or live chat. Vantage provides quick, reachable, and helpful customer service. Traders can reach the customer support agents via a dedicated phone number, email, and live chat both on the website and mobile app.
Traders can thus trade on real terms and simulate real money trading without risk. The demo account is excellent for testing new strategies or markets. Even beginners or new customers can try the trading conditions and the broker’s offer. Vantage Markets offers a free demo account, which is also unlimited here.
Vantage Markets Reviews
Wanted to transfer my account management to an independent IB and they rejected my application three times without any reason. Tried to email my ‘account manager’ to find out why, but no response. Chat just can’t help with anything and refer back to your account manager. Although deposits at Vantage Markets can be made for free with no fees incurred, some withdrawal processes have a cost. For charting, several ways of representation can be used. Also, additional add-ons or indicators can be added to improve the charting.