Trust and security are of vital importance no matter who you are trading with, or in which market. With a forex broker, this is also the case and an area that Vantage FX clearly treats as a top priority to ensure you the best possible trading environment. While the broker’s research and educational offerings continue to expand, Vantage has a ways to go if it wants to compete with the best brokers in those categories.
- Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates.
- In addition to copy trading features, Myfxbook Autotrade offers journal features where you can keep track of your trading history.
- Vantage offers three account types to traders, where conditions remain identical, but trading costs vary notably from expensive to cheap.
- Vantage offer 24/5 award winning global support via online chat, email and telephone.
- 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.
- Energy commodities are some of the most important commodities in the world because they are used to power the economy.
Withdrawal Methods
Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). 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 broker’s regulation by CIMA, FCA, and ASIC provides peace of mind, as does its use of a top-tier bank for storing client funds in segregated accounts. We appreciate the various pricing structures, as this allows you to choose to trade with or without commissions, depending on which appeals most to you. The Vantage FX application is a proprietary trading platform that lets you trade on the go, accessing share CFDs, indices, commodities, and forex pairs.
Vantage offer 24/5 award winning global support via online chat, email and telephone. They can also help you with trading platforms through the 1 on 1 support they offer using the TeamViewer screenshare software. I have always received top class support but think it would be great if they could increase working hours to weekends as well. The RAW ECN account is for traders who need deep liquidity and tighter spreads.
ZuluTrade has more than 10,000 professional traders for you to copy, which you can sort via ZuluRank. There is also an account management suite that allows for customization and advanced risk management. The application includes technical indicators, including Bollinger bands, moving averages, and MACD.
Bonuses & Promotions
The broker offers institutional trading conditions to retail traders, operating a true ECN/STP model of execution that offers transparency and helps to build trust. As with other ECN brokers, Vantage FX uses top-tier liquidity providers (LPs) to ensure deep liquidity, fast trade execution speeds, and tight interbank RAW ECN spreads that start from just 0 pips. Vantage FX offers ECN spreads limefx courses scam for the Raw ECN and Pro ECN account types, but the Standard STP account has marked-up spreads. The commission fees are competitive, and there are no additional fees on top of overnight financing charges.
Investment Products
Below is my view on the tools that I think elevate the trading experience. Looking at the negatives, the user experience of the client dashboard isn’t as seamless as other brokers in my view. I was pleased to find no deposit or withdrawal charges, keeping costs down. 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.
Vantage FX Broker Review
I was able to access convenient account management features, as well as trade monitoring. 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. 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. Both MT4 and MT5 facilitate the four key types of order (market order, pending order, stop loss, and take profit). These are instructions to your limefx reviews brokerage for when to open and close orders.
This regulation across multiple jurisdictions give me the confidence that they are a broker who I can trust with my funds. Therefore, I can trade without worrying if they will keep my funds safe and secure. I would always prefer to use a regulated broker although I am aware that unregulated brokers can sometimes offer certain products and services that a regulated broker cannot.