Serious algo traders will appreciate the virtual private server (VPS) which is available with a $1,000 deposit. Whilst you clearly won’t get the same experience as the desktop platform, you will get an abundance of real-time data and forex market research straight from the palm of your hand. The only downside is that you don’t get access to a library of additional indicators or trading robots. With this in mind, I think ProTrader terminal is a better choice for intermediate traders or those who aren’t interested in exploring automated trading features. 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.
- Deposits and withdrawals are generally free; however, please note that your bank may charge external fees.
- The fees you get charged on trades will vary depending on which of the three account types you have, with the Standard STP account offering zero-commission trades.
- Since Vantage FX clients gain access to the crypto market through CFDs, they simply speculate on the sharp price movements of large-volume, popular, or trendy crypto coins.
- Vantage Markets UK broker has partnered with top liquidity providers like Bank of America and UBS.
Global Range
He is a forex industry expert and an active https://lunarcapital.net/ fintech and crypto researcher. If you have traded with Vantage we would really like to know about your experience – please submit your own review. This average customer rating is based on 5 Vantage customer reviews submitted by our visitors.
Overall, Vantage Markets proves itself as a standout brokerage option thanks to its licensed status and its unique account options. For example, Vantage Markets offers multiple account types as well as swap-free accounts that do not accrue interest for those who need it for religious reasons. Even if you don’t qualify for account registration, Benzinga recommends checking out Vantage Markets’ selection of free educational tools. However, we do not recommend picking a forex broker based on their financial incentives – this can encourage over-trading and excessive risk-taking. Other comparison factors, such as trust, safety, tools and fees are more important.
- Servers are located worldwide in major financial hubs, including New York and London, giving ECN market liquidity to client platforms for fast execution speeds.
- The only other important fees to be aware of are the industry-standard overnight swap charges (except for Islamic accounts).
- 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.
- For example, Vantage Markets offers multiple account types as well as swap-free accounts that do not accrue interest for those who need it for religious reasons.
- Costs may be higher in the long run, but this will suit traders looking for zero commissions and competitive spreads.
The Support staff definitely need a ❤️
Yet now, they claim the money was sent to the closed account.For the past two weeks, I’ve been reaching out for help, only to be told repeatedly that they’re waiting on a response from their team. When I do get a response, it takes ages—sometimes up to 15 minutes—and they mention they’re handling multiple queries at once.I’m in urgent need of assistance to retrieve my funds. Any guidance on how to resolve this issue would be greatly appreciated. However, traders must note that transactions via certain payment processors may incur fees, which do not depend on the broker.
Pro ECN Account
Given its large user base, reputation and regulatory oversight – we consider this a trustworthy forex broker. Over 900,000 traders have signed up with the brand and the firm has a string of industry awards and accolades to its name. However, we do note that negative balance protection is not automatically applied by the broker’s offshore entity.
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. Based on my tests during normal trading hours, the Standard Account offers an indicative spread of 1.4 pips on the EUR/USD, which is reasonable though not the lowest. With that said, the commission-free trading model will serve new traders looking for straightforward pricing. I feel the Vantage Rewards scheme will be most valuable for active traders, though I strongly urge traders to approach any financial incentives with caution. Considering the negatives, though, it is a shame that the broker’s global entity, Vantage Global Limited, is regulated offshore by the Vanuatu Financial Services Commission (VFSC).
Inactivity Fees
Vantage ensures that traders can trade on the go with its mobile trading apps, compatible with both iOS and Android devices. The Vantage App allows users to manage their accounts, monitor markets, and execute trades anytime and anywhere. The app’s interface is designed to be user-friendly yet comprehensive, providing both novice and professional traders with the functionality they need at their fingertips.
Deposit with crypto and withdraw within…
Vantage has built a decent foundation for a new mobile trading application with its Vantage App. However, I am not a fan of the ads and, and it is still a long way off from competing with the best mobile apps in the industry. Vantage is trustworthy based on my thorough background checking and research. The broker’s global user base, strong regulatory oversight and collection of industry awards are reassuring. The firm also uses important safety measures including segregated client accounts. Yes, Vantage is a legitimate broker that is authorized by multiple regulators, including the ASIC and FCA.
Investors interested in equity markets can trade share CFDs and ETFs, offering exposure to a wide array of sectors and regions. When it comes to topping up and withdrawing from your account, the options available are very much industry standard. Domestic fast transfers are also available for those who are located in Australia. Additionally, Vantage also supports a number of electronic transfer methods, including Neteller, Skrill and FasaPay.
Withdrawal fees
This is unlike most financial firms that would charge a certain sum on trading accounts after a prolonged period of inactivity. A $3.0 commission for a 1 Lot trade on the Pro account is very competitive. An equivalent trade on a zero spread account with Fusion Markets will incur a $4.50 commission per round turn, which is, at present, among the most competitive offers within the industry. So, the Pro ECN Account is the cheapest of the three accounts, but it is offered only to professionals and high-volume traders. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria.
Where is Vantage based?
Each year, we collect thousands of data points and publish tens of thousands of words of research. While the broker’s research and educational offerings made significant progress in 2025, Vantage continues to have room to further improve to compete with the best brokers in those categories. We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system.