Vantage is a no-dealing-desk broker that offers varying execution models depending on the account you choose. This includes stocks, indices, commodities, metals, energies, ETFs, and bonds. The 800+ list of equities is particularly strong, with exposure to blue chip stocks from the US, Europe, Australia and beyond. The range of forex assets offered by Vantage is not the widest, with 49 currency pairs available. Pepperstone and Vantage offer a similar account structure, including commission-free and commission-based pricing environments.
Correlation Trader
It is a better fit for casual traders who will appreciate the custom watchlists and news updates. Importantly though, traders should be aware that while higher leverage offers the chance of boosting revenue it does come with the risk of greater losses. I also suggest beginners think carefully before trading forex with such high leverage. There are no deposit or withdrawal fees, which is an advantage over firms like eToro, which charges $5 per withdrawal. Moreover, the broker will cover the first 20-unit fee from international bank transfers every month which helps keep transfer costs down. Muslim traders will appreciate that swap-free Islamic accounts are available which puts the forex broker on an even footing with rivals like AvaTrade.
Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes. The list of countries from which Vantage does not accept clients, as provided above, is subject to periodic updates in accordance with regulatory changes and may be modified from time to time. Prospective clients are advised to refer to the latest version of the restricted countries list, as changes may occur without prior notice. Allow clients to put real-time account data into excel for analysing, comparing and creating rules. With the MT4 and MT5 WebTrader you can access all Vantage markets from any device, anywhere, and anytime. Additionally, he was unaware that Vantage offers civil liabilities insurance through Lloyd’s.
Vantage Markets offers access to over 1,000 tradable instruments, including CFDs on forex, commodities, indices, ETFs, and bonds. In addition to all the other account features available, Vantage has also got a number of other bonus features that make an account with it even more appealing. This includes a ‘refer a friend’ scheme, an active trade programme, a 50% deposit bonus, and a rebate scheme.
Understanding the Regulatory Protections of Your Account
During my testing, I was pleased to see a strong range of 12 chart types and 8 time frames, plus 100+ technical indicators and over 50 drawing tools. For an alternative trading experience, I think the ProTrader is a compelling option. It features a modernized interface with an impressive suite of technical tools. After opening a few positions in both MetaTrader platforms, I’ve found that one of the main differences between the two is how many order types you can execute.
We always recommend that users approach forex trading with a sensible risk management strategy. Vantage is a highly-rated forex broker with a good variety of assets, useful tools and low fees. However, there is no guarantee of making money when trading forex online regardless of the broker you trade with. On the negative side, the lack of crypto trading for global clients means it isn’t the best choice for dedicated crypto investors. We also don’t recommend Vantage if you https://lunarcapital.net/ want to deposit and withdraw using PayPal. Importantly, we find it easy to access all of these tools quickly through our client dashboard and trading platform.
Vantage vs Pepperstone Customer Support Comparison
At Vantage, all Indices trading styles are welcome, including scalping, hedging, swing trading and the use of any Expert Advisor (EA) that suits your trading style. Whilst this won’t deter many high-volume traders, it is noticeably higher than most of the pro forex trading accounts we have assessed. 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.
What CFDs Can You Trade With Vantage?
Furthermore, the broker also offers free demo accounts if you wish to practice trading online with virtual funds before making an investment. It offers access to over 1,000 tradable instruments, including currency pairs, commodities, share CFDs, indices, cryptocurrencies, ETFs, futures, and bonds. Its trading fees are generally lower than the industry average across most asset classes.
- Again, Vantage doesn’t charge any internal fees for withdrawals, which is a positive if you make regular withdrawals.
- 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.
- MT4 is better suited to beginners while more experienced traders will appreciate the additional analysis tools, pending orders and faster processing speeds of MT5.
- And, you can also test your portfolio on a demo account to find the right traders to suit your needs.
- In addition, the broker has developed its proprietary ProTrader platform, powered by TradingView, which offers advanced charting features.
- I opened a Standard account with the Vantage Global Limited entity and performed my tests on the desktop and mobile versions of the MetaTrader 5 platform.
- This means that no matter your trading style or system, the MT4 platform has a custom charting option exactly for you.
- The active trader promotion offers users who open a Standard STP account funded by at least $10,000 the opportunity to earn bonuses based on their account activity.
- The MetaTrader 5 platform in particular has really been streamlined with this latest update.
Start trading the most liquid financial market in the world and capitalize on global economic volatility. All Vantage Forex traders are able to exploit volatility on global markets, with seamless 24-hour access. Vantage offers this access to global FX Markets via its powerful MetaTrader 4 (MT4) platform. The broker offers commission-free trading and average swaps, making it an attractive choice for cost-conscious traders. Additionally, Vantage has no non-trading fees, apart from a $20 withdrawal fee for international bank transfers.
This can further level the playing field between retail traders and the world of institutional trading, participated in by the banks. Vantage offers a demo account that introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself before or alongside your live CFD account. Beware of Vantage PAMM account Manager user name is “Steady Growth” he’s amateur trader under Kaltoire Group on myfxbook. I knew there would be some trading loses but not in 4 days risking all funds.
Copy trading is available through both Pepperstone Copy Trading and cTrader Copy. Pepperstone has also developed a proprietary mobile app with a sleek, user-friendly design and solid functionality. In contrast, Pepperstone is the better choice for high-precision trading due to its ultra-fast order execution speeds.
For traders interested in precision charting, or that don’t like the MetaTrader suite, I would opt for ProTrader. Both platforms offer algorithmic trading robots, known as Expert Advisors (EAs), that can be used for automated trading strategies. Withdrawals can be made with the same methods as deposits, with additional support for Bitwallet and Perfect Money. The firm’s membership with the Financial Commission and Compensation Fund is also a good sign. This protects clients with a maximum compensation of 20,000 EUR in the case of an unresolved dispute with the broker.
Currently, the National Australia Bank acts as its custodian bank and it is regulated by the Cayman Island Monetary Authority (CIMA). Additionally, it also has indemnity insurance, meaning that user accounts and deposits are afforded a very high level of protection. Vantage currently offers CFD trading across forex pairs, indices, commodities, metals, energies and US/UK/HK/EU/AU shares. In total, Vantage offers 24 different CFDs across a range of different financial instruments and assets.