However, they offer market-leading zero-pip spreads with deep liquidity. Vantage FX has been serving retail and professional traders in the CFD markets since 2009. This broker is now a global operation, with Vantage International Group licensed in multiple jurisdictions, including the UK’s Financial Conduct Authority (FCA). Within my Vantage review, I discovered whether it lives up to that statement. It’s an online hub that offers a diverse selection from over 90,000 proven Forex trading systems.
- With Vantage FX, you will enjoy the benefit of super-fast trade execution and interbank grade RAW ECN spreads with no dealing desk intervention.
- Vantage FX was founded in 2009 (meaning well over a decade in business), and is regulated by ASIC.
- Vantage FX will require some basic information from you in order to process your account application.
- Thanks to the broker’s oneZero™ MT4 Bridge, traders can enjoy the fastest execution speed.
- However, such rebates are only available to users having an account balance of $10000 or more.
Interested users only need to create a Vantage FX live account and fill out the ZuluTrade ‘Opt-in form’ and then link it with the ZuluTrade social trading platform to begin. There is a section on the Vantage FX website dedicated to free tools for clients. This starts with pro trader tools packages like the Vantage MT4 Smart Trader tools plan, which increases the efficiency of your trading alerts and improves the general correlation of market patterns over time.
The ‘refer a friend’ scheme is potentially lucrative and gives you the opportunity to earn a $150 bonus for every successful referral – this also gives them a $100 sign-up bonus. 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 welcome bonus provides a bonus of 50% on deposits of up to $500 for users signing up to the Vantage account. Vantage clearly takes customer satisfaction and loyalty very seriously, as these bonus schemes are among the best we have come across. These rate strongly in the broker’s favour and come highly recommended.
- When compared to the industry averages, Vantage has a reasonably competitive system of fees and commissions in place.
- Vantage FX’s financial institutional partners calculate the daily released rates using risk-management analysis.
- Vantage offer professional money managers fully customisable multi account manager solutions via a MAM console in partnership with MetaFX.
- Vantage gives you award-winning customer service, a range of trading products, tools, educational resources and convenient account funding methods.
- These commissions can be as low as AUD 2 and GBP 2 round-turn per 100k lot for clients in Australia and the UK respectively which is truly impressive.
For this reason, a swap-free (aka Islamic) account is available provided you can prove your eligibility. If you’re just starting out, or you only going to take the occasional trade, the standard account is probably right for you. If you’re located in Australia or the UK, it’s a no-brainer to take advantage of the low commissions on the raw ECN account. In the case of VantageFX, they only provide the average for their commissions-based account (specifically their RAW ECN account) so we are able to compare this type of account.
Exploring Social Forex Trading with ZuluTrade
There is no need to sit around watching charts all day when you have a tool that will do all of the leg work for you. Libertex also have Trading Central if you want to consider an alternative option. This tool allows users to put real time account data into excel for comparing, analysing and creating rules. The correlation trader lets you quickly and easily compare the correlation between different markets and timescales.
Trading Instruments Offered on VantageFX 2023
You’ll have the ability to manage and customise each copied FX trade and learn from in-depth portfolio statistics. It should be noted that historical performance is by no means any guarantee of future performance. From my experience, I have been let down by copying traders on ZuluTrade. I always would prefer to use my own strategy and depend on nobody but myself. I like to know how and why each trade is taken, rather than follow another trader and hope for the best.
Apparently, the execution of orders on this platform is incredibly fast. It means you’ll have no problem buying or selling for exactly the price you intend to. It seems there are rules somewhere on the website which state that the company is permitted to confiscate your money on several different conditions. It is a reoccurring problem amongst the users, but the exact nature of these rules isn’t clear. Let’s first address several of the most frequent disadvantages mentioned on both FPA and Trustpilot. There are several questions about such state of things, especially in the maintenance department.
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. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. Some exciting features you will enjoy from this platform include three real-time chart types with nine timeframes, good drawing tools, various technical indicators, and more.
What you’ll need to open an account with Vantage FX
The next-generation AI-driven ‘Market Buzz’ platform gives you a chance to stay ahead of the game. It is a secure broker, registered with ASIC, that offers over 300+ CFD’s covering a wide range of assets including gold, indices, shares and even Bitcoin. You can trade easily on your computer using the MT4 or MT5 platforms, or use their new TradingView platform. If you want to trade on your phone, there is also a user-friendly mobile app for iOS and Android. Once your Vantage account is fortified with a minimum deposit of $2000, you are ushered into the world of esteemed professional proprietary traders.
The spreads on this account start from 0.0 pips for major currency pairs, but there is a commission charge of $3 per side. For traders who are looking for a wider range of trading instruments or prefer a more personalized approach to customer support, InvestFW may be a better fit. In terms of educational limefx broker reviews and research support, Vantage FX offers a decent range of resources for traders, but it may not be as comprehensive as some other forex brokers in the industry. The broker offers services through its advanced proprietary trading platform – Vantage App, MetaTrader platforms & Copy Trading platform.
Your financial security is of paramount importance to us, and we fervently endorse the exercise of due diligence and seeking professional guidance when making investment decisions. However, some of the more advanced educational content, such as the Pro Trader videos, requires an initial deposit of $1,000 to access. Thus, considering all the factors through this detailed VantageFX review, Vantage is considered a low-risk broker and is not a scam.
There are 6 types of alarms, alerts vis email, popup, sounds, SMS and twitter broadcasts. Again, there can be no saying how good or bad these signals will perform. In my opinion, it is better to learn how to trade yourself but if you do not have the time to do so, then this https://limefx.vip/ could be a possible solution. I would compare ProTrader to cTrader in terms of platform capabilities. Unfortunately, Vantage do not currently provide cTrader but you can get it from Purple Trading if it is a platform that you are familiar with and would like to use.