The alarm manager can be set to send you alerts and notifications of specific activities and also perform automated actions on your behalf. There are 6 types of alarms, alerts vis email, popup, sounds, SMS and twitter broadcasts. 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 could be a possible solution. Versus, comparison pages of alternative online brokers to Vantage FX are listed below. The Vantage Group of companies is regulated by financial bodies in a number of jurisdictions across the globe.
Deposit fees
Upon verifying your account, you will have to fund your account using any of the available payment methods before you can start trading. However, CFTC regulation is absent; therefore, Vantage FX cannot provide its services to citizens or residents of the United States. FOREX.com is authorised and regulated by the Monetary Authority of Singapore (MAS), ensuring compliance with Singapore’s financial standards. Yes, Vantage is suitable for scalping due to its tight spreads, low latency, and fast execution speeds.
In addition to this, there are two consistent oscillators (one slow, one fast) that are also harvested from the analysis to help support trading decisions. The sentiment trader tool displays the current sentiment of Vantage traders on selected instruments. The correlation trader lets you quickly and easily compare the correlation between different markets and timescales. You can compare key figures such as net profits for each symbol and also place, manage and close orders directly from the charts. MT4 offers 9 different chart timeframes and 3 different chart types (line, bar and candlesticks).
For traders who are located in countries outside the UK https://lunarcapital.live/ and Australia, Vantage also offers a range of social trading platforms. VPS hosting ensures your platform keeps running 24 hours a day so you set up EAs to take advantage of every opportunity that arises in the market. Traders at Vantage can engage with over 20 global indices, encompassing major markets such as the US, UK, Europe, and Asia.
- 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.
- Vantage ensures that traders can trade on the go with its mobile trading apps, compatible with both iOS and Android devices.
- All CFD trading products are available for spread betting and since they both have the same underlying instruments, the spread or points will be the same.
- Vantage FX’s financial institutional partners calculate the daily released rates using risk-management analysis.
Trading Instruments
- We were also happy to see that trading commodities were easily accessible with Vantage.
- Leverage is also available, with the maximum ratio dependent on the underlying tradable asset.
- They have worked alongside MetaQuotes to ensure that their fibre optic network and servers get the most out of the platform’s capabilities.
- This regulation across multiple jurisdictions give me the confidence that they are a broker who I can trust with my funds.
- However, charges may apply for international bank wire transfers, depending on the payment provider.
Despite the fact VantageFX round their average spreads (we assume down, not up), we can say their spreads compare favourably to the industry average. But our results do suggest there may be certain currency pairs to look out for, for example, our test suggests the spreads for the AUD/JPY pair might be a bit high. In the case of VantageFX, they only provide the average for their commissions-based account (specifically their RAW ECN Brokers) so we are able to compare this type of account. As a result, all money withdrawn from your account must go to a bank account in the same name as your Vantage FX trading account. Clients can withdraw funds online by logging into the secure Vantage FX client portal and selecting the withdraw tab from the menu.
Mobile trading apps
VantageFX supports MetaTrader 4, MetaTrader 5, and their proprietary platform, Vantage App. We could easily trade crude oil, natural gas, Brent crude, and even more exotic options like low sulfur gasoil. 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. When all of that was complete, we were ready to deposit funds into the account. If you’re from Australia, you’re spoiled for choice, with a number of impressive deposit methods. If you’re located in Australia, the UK, or South Africa, your account will be regulated by your country’s regulatory body.
The Vantage App allows you to access the global markets and trade from anywhere at any time. It offers traders easy, yet powerful mobile access to hundreds of FX Pairs, Commodities, Indices, Share CFDs and more. The Vantage App is available for both iOS and Android devices and is equipped with a suite of trading and investing tools. There is an inbuilt alert system to keep track of price movements and a built-in economic calendar to keep track of the latest financial news all within the platform. The MQL5 editor lets you programme your own custom indicators and automated trading strategies whilst multi-currency back testing on tick data is possible. I always like to see how a strategy may have performed in the past by running it over historical data.
Markets
The broker provides traders the Vantage FX app; it is a proprietary mobile trading platform that allows traders to buy and sell various financial assets from the convenience of their mobile handheld devices. The platform is replete with a suite of advanced trading tools, such as technical indicators, order management, custom watchlists, trading signals by Trading Central, alerts, news calendars, and more. It is available as a mobile app that is compatible with Android and iOS devices and can be downloaded from the respective app stores. Vantage’s proprietary trading platform, ProTrader, is tailored for traders who require advanced charting, market analysis, and trade execution features. With a customizable interface, ProTrader offers an intuitive setup for professionals who need flexibility and precision in their trading. The platform includes in-depth charting tools, one-click trading, and a range of order types to help traders execute complex strategies efficiently.
Vantage FX is a legitimate and multi-award-winning broker with over 15 years of experience. Various Tier-1 authorities depending on your location, ensure a secure and transparent trading environment and regulate them. We are also looking for writers with extensive experience in forex and crypto to join us. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.
Spreads on some pairs, however, compare well to the prices offered by another big competitor – IG. Finally, let us compare Vantage FX Standard Account average spreads with those other major brokerages offer on the three most actively traded Forex pairs. In this broker review, we will pay attention to the critical aspects of Vantage FX, which you may consider before deciding whether to trade with this online brokerage. Vantage has an average Trustpilot score of 4.3 stars from 7,367 customer reviews. Around 69% of all reviews on the platform have a 5-star rating, with 18% of all reviewers giving the broker a 1-star score.
You can elect for an electronic funds transfer from an Australian Bank, or a BPay transfer, which will be fee-free but take a couple of days. Probably a better method would be to use a PayID transfer which should be close to an instant deposit. 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.
Pros and cons
This ensures compliance with Shariah law while still providing traders access to the full range of trading instruments and platforms. Beyond its trading services, Vantage places a strong emphasis on education and innovation. The broker offers a variety of resources to help traders improve their skills, including educational materials and tools designed to enhance trading knowledge.
Vantage FX is aregulated online forex broker that offers the most transparent access to theFOREX market, excellent execution speed, capable trading platforms such as MT4and MT5, and award-winning customer service. All of our personnel have strongbackgrounds in forex, finance, and technology enabling them to provide greateraccess to global FOREX markets to our clients. Furthermore, we are relentlesslyworking to evolve our offerings to ensure that our services are superior to ourcompetitors. Overall, Vantage is a multi-regulated CFD broker with a great choice of industry leading platforms and very powerful trading tools.
All of the indicators can easily Lunar Capital forex broker be installed into the MT4 platform and customised. The Vantage economic calendar is provided by MetaQuotes and lets you track the latest market events. The calendar displays the dates and times of releases, the impact level expected, the country affected and the forecasted/previous/actual results of the release.
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. Moving over to Vantage branded options, we had the pleasure of viewing Vantage ProTrader.
Key indices include the NASDAQ, FTSE 100, Dow Jones, and recent additions like the Taiwan Stock Exchange Index (TWSE) and the Straits Times Index (STI). These instruments allow traders to speculate on broader economic trends and diversify their market exposure. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Vantage have teamed up with MetaQuotes to provide you with free access to a large number of MT4 signals. The MT4 trading signals will send you an alert when there is a potential trade opportunity on a specific trading instrument.