CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.93% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- The unlimited MetaTrader 4 or MetaTrader 5 demo account is a great way to get up to speed with trading and become familiar with the trading platforms.
- ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards.
- The broker offers a great variety of deposit and withdrawal options, most of them free of charge.
- However, Vantage trails industry leaders in key areas such as research and education.
- It charges no account, inactivity, or deposit fees.There is no fee for credit/debit card and electronic wallet withdrawals.
In the case of swap-free accounts, if you hold your leveraged position overnight, instead of overnight interest you are charged an administrative fee.You can open corporate accounts as well. In this case, Vantage’s support team will contact you with the required forms. With one simple MetaTrader 4 login, you will be able to access your MT4 trading account anywhere, anytime. I’ve requested numerous times to deactivate my account as I no longer wish to use this service. Despite this, I keep receiving persistent calls, and I’ve been informed that they will continue calling.
Can you open an account?
These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. As an UK regulated Forex Broker, Vantage offers transparent access to global Forex markets. Environment with no dealing desk intervention will allow Forex traders to realise profits https://limefx.vip/ no matter how big they are. In addition to trading fees, it’s important to see if Vantage charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by Vantage with its two closest competitors. We know that fees are on top of people’s mind when selecting a broker.
Vantage Markets clients have various options to fund a trading account, including domestic bank transfers, international bank transfers, Skrill, Neteller, Credit/Debit card payments, and more. Vantage has no withdrawal fees for credit/debit cards and electronic wallets. The first international bank withdrawal each month is free of charge; all further withdrawals within the month carry a 20 currency unit fee ($20, €20, etc.). We compared Vantage’s fees with those of Fusion Markets and IC Markets, two similar brokers selected by our analysts. This selection is based on objective factors such as products offered, client profile, fee structure, etc.
In addition, Vantage Markets brings an opportunity to automate trading through MyFXBook AutoTrade which is one of the trusted social trading services, and ZuluTrade as one the most popular among the traders’ social trading platforms. Vantage brings an offer through three main types of accounts that are diverse by the options either with costs built on a commission basis or only through the spread. Accounts are accessible from both platforms MT4 and MT5, with leverage depending on which entity you trade, thus which regulation is applicable. The Company, its directors and certain of its executive officers are participants in the solicitation of proxies from the Company’s stockholders in connection with the 2024 annual meeting of stockholders (the “Annual Meeting”).
The Trustpilot Experience
To set email or mobile notifications, you must enter your email address and mobile MetaQuotes ID (you can find it in the settings of the MT4 app). You can add them under ‘Options’ in the ‘Tools’ menu.In an added feature compared to MT4, the MT5 platform of Vantage allows hedging with 21 time frames. Vantage offers its own proprietary trading app, alongside the standard MetaTrader suite of mobile apps. 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 it is still a long way off from being able to compete with the mobile apps that are offered by IG, FOREX.com, and Saxo Bank.
Read our full explanation and accounting of our research and testing process to learn more about how we test. In terms of funding methods, Vantage Markets offers many payment methods which are a very good plus, yet check according to its regulation whether the method is available or not. Is Vantage legit features all the key aspects you need to look at to see if a broker is safe and legit. You cannot set alerts and notifications on the Vantage mobile platform.
Vantage pros & cons
My primary goal was to withdraw my money, but that’s when the nightmare began. They persistently pressured me to pay for the bonuses injected into my trading account, promising it would all be returned. It took months until I reached out to ????????????????????????????????????-????????????, who, in collaboration with my bank, successfully recovered all my losses from this fraudulent company. The financial loss is excruciating, and this company should be brought to justice. The Board strongly urges stockholders to vote “FOR” ALL of the Company’s highly qualified and experienced director candidates using the WHITE universal proxy card.
There is excellent variety between available trading platforms including MT4 and MT5, social trading, investment accounts, and also MAM accounts. Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
Trade with spreads from 0.0 pips with our Vantage RAW ECN account
The most important trading fees are commission, spread, and financing rate. Vantage Markets offers comprehensive educational materials for all levels of trading limefx company reviews experience. The education section includes learning materials, webinars, market news, and analysis, economic calendar, indicators, and many trading tools.
Forex markets are always traded as currency pairs where a forex trader will always buy or sell one currency in terms of another. An example of one such trade would be a EUR/USD buy trade, meaning buying EUR and selling USD. I lost 2.800 EUR on XAU/USD and the “Advisor” told me to Trade on Vantage Markets with his link. I fell like Vantage pays affiliate people, They share with each other my money!
Very good experience with this broker
The broker offers a great variety of deposit and withdrawal options, most of them free of charge. On the negative side, the product portfolio at Vantage is rather limited as the broker only offers forex and some CFDs to trade. Customer service could be better, especially the relevance of email responses. BrokerChooser gave Vantage a 4.2/5 rating based on analyzing 500+ criteria and testing via opening a live account. Vantage Markets is a reliable broker due to its regulations by top-tier FCA and ASIC. Vantage is a popular brand with good trading technology, a range of instruments, and low variable spreads.
The Company cautions investors not to place undue reliance on the forward-looking statements contained in this document. An experienced media professional, John has close to 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. If you want to explore the possibilities offered by Vantage, we recommend opening a demo account first. There are 3 main types of trading accounts at Vantage (STP, Raw ECN, Pro ECN), which differ in their pricing structure and the spreads provided. It charges no account, inactivity, or deposit fees.There is no fee for credit/debit card and electronic wallet withdrawals.