So, this copy type mirrors the trade but also applies your leverage settings. Similar to the active trader program, this 10% rebate may be available in some areas. You could get this if you deposit $1,000 in your STP Standard account and you can receive a $2 per lot rebate. Vantage provides for a broad range of charting tools and indicators which are provided by the MT4 and MT5 platforms. In total you will find 51 charting indicators to choose from as well as 31 drawing tools, the ability to set price alerts, and order in one click directly from charts. Vantage is a CFDs broker, every asset listed on the platform is offered in CFDs.<\/p>\n
The MetaTrader mobile apps can be installed from both Google Play and the Apple App Store. The broker also removed binary options in 2017 to focus on ECN forex trading. Vantage FX is an award-winning broker headquartered in Australia under the Vantage International Group. Among other global locations, the broker has an office in London which is regulated by the Financial Conduct Authority (FCA). Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry. Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons.<\/p>\n
Vantage FX doesn\u2019t charge any deposit or withdrawal fees but international banks charge a high fee when you try to withdraw your money. Moreover, some traders reported inconsistent service when it comes to customer support response. Copy trading allows beginner traders to copy the moves of more seasoned investors.<\/p>\n
Vantage FX offers an unlimited demo account, as it can take time to learn how to become a profitable forex trader. Users can practice trading with the broker\u2019s full range of 300+ instruments. Clients can access the MT4 platform and the Standard STP or Raw ECN accounts. Vantage FX provides social copy trading through ZuluTrade, MyFXBook Autotrade and DupliTrade. These platforms let your trading account mirror the performance of top forex traders. Online traders are ranked and users can analyse past performance before choosing a provider to copy.<\/p>\n
When you\u2019re comparing various brokers, you want to focus on the benefits of using each one. As you copy-trade, you\u2019re working according to a pre-calculated risk that another investor studied. This way, you can trade safely until you\u2019re confident about your abilities.<\/p>\n
It also offers competitive spreads and commissions on different account types but there are trading restrictions on clients from different countries like the US and Canada. Our detailed LunarCapital review will tell you more about this platform. These tools provide multiple charts, indicators, drawing tools, and alerts to help traders make informed decisions.<\/p>\n
Read our full explanation and accounting of our research and testing process to learn more about how we test. Use our country selector tool to view available brokers in your country.<\/p>\n
The Raw ECN and Professional ECN accounts require a \u00a3500 minimum deposit. As a regulated brokerage, Vantage FX is subject to strict standards set by the FCA. The broker also has a robust privacy policy and abides by AML and CTF policies. The customer support team endeavours to respond to all queries within 24 hours.<\/p>\n
Regulatory oversight from ASIC and FCA enhances trust, but the CIMA and VFSC licenses are considered weaker compared to top-tier financial authorities. Customer support is responsive, but the lack of 24\/7 service could be improved. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. 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. By the Financial Conduct Authority (FCA) under Vantage Global Prime LLP, for institutional clients.<\/p>\n
The Raw account works for experienced traders who need deep liquidity. All accounts are available as Swap-free accounts for people who don\u2019t want to pay or receive swaps. The Standard account is suitable for novice traders who want to enter the world of trading without enduring high commissions.<\/p>\n
Traders can also sign-up for trading signals generated by Trading Central, delivered to their inbox. Despite these strong features, the broker\u2019s educational resources are not as comprehensive as some of its competitors, which could be a drawback for beginner traders looking to enhance their skills. For those interested in a deeper understanding of how Vantage protects its clients’ investments, the broker provides a comprehensive Security of Funds section on their website. This resource outlines the specific measures Vantage employs to secure client assets, reflecting their dedication to maintaining a secure trading environment. Telephone customer support is available 24 hours a day, seven days a week.<\/p>\n