One of the areas where Vantage really excels is in the various trading platforms it makes available to you. In addition to the MetaTrader 4 and MetaTrader 5 platforms, which have basically become industry standard by now, Vantage also gives you access to a proprietary Vantage  App and a WebTrader app. It should also be noted that both the MetaTrader 4 and MetaTrader 5 platforms come with mobile versions of the desktop app, which allows you to monitor your trading account and to execute trades on the go. Additionally, social trading features are available through ZuluTrade and Myfxbook, which can be integrated with your Vantage account. In addition to the auto trading features in the MetaTrader 4 and MetaTrader 5 apps, Vantage also provides users of the platform with access to ZuluTrade and Myfxbook AutoTrade tools. These additional tools are a great way of adding some social and automated trading features to your trading account.

Vantage hold client’s funds in segregated accounts with Australia’s AA rated National Australia Bank (NAB), separate from the company’s funds. This is to ensure that client funds are not used for any other purposes such as business operating costs. NAB are amongst the 4 largest financial institutions in Australia and have a huge market capitalisation with millions of customers, constantly ranking in the top list of the safest banks in the world.

1. We found VantageFX to have tight spreads and low commissions, beyond that the Forex broker is quite generic with MT4 and MT5 trading platforms and 50+ Forex pairs along with other CFD products.
2. All information on The Forex Geek website is for educational purposes only and is not intended to provide financial advice.
3. The other downside is that it’s just a charting platform at the moment, Vantage doesn’t offer trade order entry through it.

I tested the broker’s processing times using both a Visa card and Neteller and found that my funds were available immediately. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs.

MetaTrader 4

Be careful if using a credit card, as the deposit may be labeled as a cash advance and come with added fees or interest charges. If you’re located in Australia, the UK, or South Africa, your account will be regulated by your country’s regulatory body. limefx There are countless chart indicators in TradingView, all accessible at the click of a button. Placing orders in MT5 is very simple, select your order type and trading parameters, then click the blue or red buy and sell buttons.

Additionally, the “Refer a Friend” program allows both parties to earn rewards, fostering a community of traders. The competitive pricing in the ECN accounts, additional tools and the rebate scheme also make Vantage a good option for more experienced, high-volume traders. In addition, the VPS and access to the MetaTrader software will serve algo traders. Based on my first-hand Lime Fx review, the firm is an excellent choice for traders looking for low fees, best-in-class tools and a range of global markets. Similarly, ProTrader users can also access a range of tools for just a $200 minimum deposit, making this a more accessible option for newer traders looking to upgrade their package.

Vantage FX carefully tested each fiber optic line that connects the servers to ensure minimization of latency. Vantage FX also has a strategic partnership with Equinix for a fiber optic network solution that connects its trading servers to the world. That partnership’s fiber-optic network helps guarantee the lightning-fast execution for every trade and gives Vantage FX a further advantage. As is standard, withdrawal requests must use the same method as your deposit up to the original amount deposited. After this amount, you can select another withdrawal method from the same options as deposits.

The spreads are from 0.0 pips and the commission is $3.00 per lot per side. There’s an easy-to-use economic calendar, which is very useful for staying up to date with announcements that could move the markets. All up, there are 57 forex pairs, which is all of the major FX pairs, as well as most of the major cross-currency pairs. When it comes to the range of trading instruments available with Vantage, there are plenty, but not as many as companies like Pepperstone or IC Markets.

Pros and Cons of Trading on Vantage FX

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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. limefx reviews You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

However, I felt that it didn’t have the advanced market analysis capabilities of the MetaTrader apps. That being said, it would be absolutely fine for checking market prices and managing positions from the comfort of your mobile device. This allows you to trade whilst on the go from anywhere in the world where you have an internet connection. 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. Vantage offer MT4 web trader which allows you to run the platform in most popular web browsers without needing to download or install any additional software.

As you can see, MT5 has a very clean and intuitive interface, which is great for keeping trading stress levels to a minimum. These allow you to either copy another person’s trades or publish your trades and allow others to ride along with you. Personally, my easy choice would be to combine TradingView charting with MT4 for order entry. Moving over to Vantage branded options, we had the pleasure of viewing Vantage ProTrader.

No one getting back on chat or email…

As such, the company upholds the highest standards for compliance and regulation from ASIC. Additionally, Vantage FX believes that trust must be earned, something the company feels helps differentiate it from competitors. To earn that trust, Vantage FX always actively promotes integrity and ethical practices and offers the best possible services. We’re quite strict on how we rate particular broking firms with regard to forex trader education, as we believe it’s an area the industry could greatly improve on. If you ever have a problem or an inquiry regarding your Vantage account, there are a number of ways you can contact the customer support team to have things resolved.

Overall, the writer of this Vantage review found that using the platform is relatively simple. If you have any previous experience of similar trading platforms, then using it shouldn’t be too much of an issue. The website itself is well laid out, and a useful search bar allows you to pull up any information you might be searching for in an instant.

Generally speaking, the spreads on offer are very competitive and trades are executed incredibly quickly. Vantage is a no-dealing desk trader and offers STP and ECN forex trading accounts. This platform allows traders to access their accounts and trade from any computer with an internet connection. WebTrader provides access to advanced charting tools, real-time market data, and a range of trading instruments. Regardless of account type, Vantage FX clients get access to MetaTrader 4, MetaTrader 5, WebTrader, and mobile apps for trading platforms.

For beginner traders, I appreciate the low $50 minimum deposit, unlimited demo account and selection of educational materials. The in-house platform is easy to use and there are hundreds of popular assets to trade. Vantage clients can start to diversify their portfolio by duplicating the trades of proprietary traders, trading their own accounts with real money! When you connect your Vantage account to DupliTrade, you gain access to a folio of hand-picked prop traders.

At Vantage, they understand how important the management of risk is and they don’t want clients’ trading platform to be an unwanted restriction to achieving their goals. The platform becomes even more powerful once it is connected to the brokers deep FX liquidity pools via the custom made oneZero™ MT4 Bridge. Vantage has worked hard alongside MetaQuotes to fine-tune their fibre optic network and servers to fully exploit MetaTrader 4’s Forex trading capabilities. Traders using the Vantage MT4 platform are gaining an edge on global Forex markets with substantial improvements in execution speed and a transparent price feed across all asset classes. The RAW ECN account is for traders who need deep liquidity and tighter spreads. The minimum deposit required is $500 with variable spreads starting from 0 pips and commission from $3.