Vantage Review 2024 Key Features, Pros, and Cons

Vantage provides customer support through various channels, although specific details on support availability and responsiveness were not extensively covered in the review. The broker boasts a high Trust Score of 90 out of 99, reflecting its commitment to compliance and client protection. Vantage is regulated by two Tier-1 authorities, the Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA), signaling a high level of trustworthiness.

Vantage processes withdrawals within two business days, ensuring efficient and timely fund transfers. For an account equity of $10,000 – $30,000 your rebate will be $2 per lot, this increases to $4 per lot up to a $100,000 equity. Between $100,000 and $300,000 you will receive a $6 per lot rebate, and $8 per lot above this $300,000 equity position. This takes the form of 6 available cryptos that can be traded against the US Dollar as CFDs. The cryptos available here are Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin, and Ripple. When making Vantage withdrawals you should be aware that all of the same methods are available as with deposits.

Mobile Platforms

• AutoTrade stands as a premier account mirroring service, allowing you to seamlessly replicate trades from proficient and successful FOREX trading methodologies.
• It’s more suitable for traders who trade high volumes to compensate for their losses when something goes wrong.
• Venture into Innovative Social Trading Discover the multifaceted realm of social Forex trading through the distinguished ZuluTrade platform.
• At Vantage you will be able to trade more than 40 currency pairs in total with spreads that start on CFDs from 1.4 pips if you are using a Standard STP account with no commission.
• Traders at Vantage can engage with over 20 global indices, encompassing major markets such as the US, UK, Europe, and Asia.

This service can also be accessed for free once you have deposited at least $1000 in your account as the broker will refund the cost of your chosen VPS up to $50. I would recommend the Standard STP account for beginners – fees are transparent with no commission and a variable spread. The Raw ECN profile is a better fit for experienced traders looking for ultra-low spreads and a competitive commission. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

While its educational and research content have improved considerably year over year, Vantage still trails industry leaders in both of these categories. Once your Vantage account is fortified with a minimum deposit of $2000, you are ushered into the world scammed by LunarCapital of esteemed professional proprietary traders. This venture grants you the prerogative to scrutinize your portfolio within a demo account, enabling the optimization of alignment with traders that resonate with your trading aspirations and needs. By synchronizing your Vantage account with DupliTrade, you unlock the gateway to a select array of top-tier proprietary traders. This seamless integration allows you to discern and opt for traders you aspire to replicate, predicated on their exemplary performance, meticulously crafted strategies, and distinctive trading styles. Subsequently, these chosen trades are precisely mirrored on your Vantage MT4 or MT5 account, aligning your trading trajectory with seasoned experts.

How to Trade with Vantage?

By connecting a Vantage account with AutoTrade, you gain the ability to auto copy and actively trade, supplemented with access to meticulous analysis and insightful statistics. Vantage stands as a comprehensive and empowering trading partner, equipped with the tools, resources, and expertise to help traders succeed in the world of CFD trading. Vantage’s mission is to empower traders to make informed decisions and capitalize on market opportunities. With the tagline “Be empowered to trade on market opportunities when you trade smarter @vantage,” the company emphasizes the importance of trading intelligence. It is essential for clients to carefully read and understand the terms and conditions of each promotion before participating to ensure that they meet the requirements and receive the benefits.

Vantage has two  international phone number available for clients who prefer to speak with a support representative directly. While this may seem limited, it ensures that clients worldwide can reach the support team via a single point of contact. Noticed recently ​USC accounts not able to trade BTC, also suddenly it can’t even create new USC accounts right now. The response times and overall liquidity in the assets makes Vantage a good choice for trading. As such we may earn a commision when you make a purchase after following a link from our website. Please note that some products and multiplier levels may not be available to traders from EEA countries due to legal restrictions.

Correlation Trader

This comprehensive forex trading environment, combined with the broker’s robust trading infrastructure, caters effectively to both new and experienced traders looking to engage actively in the forex market. Vantage is a reliable and reputable Forex broker that provides its clients with a range of trading products and services. The broker offers three account types – Standard (STP), Raw (ECN), and Pro (ECN), each with different minimum deposit requirements, spreads, commissions, leverage, and trading instruments. This allows clients to choose the account that best suits their trading needs and preferences. On the other hand, the Professional accounts, while they do include a commission fee, provide significantly tighter spreads and enhanced execution speeds.

Trading Platforms

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. As the Editor-in-Chief at Forex.eu.com, he ensures that every review and guide is meticulously crafted and top-notch. His leadership and dedication bring you unparalleled insights and the best forex content available. Standard accounts have no commission fees; instead, Vantage adds a spread markup starting from 1.0 pip. Explore real-time quotes from Vantage and Eightcap in the following table to see the bid and ask prices for major trading pairs.

On some of their (ECN) account types, their spreads start from 0 pips (such accounts do charge a commission though). Copy trading allows beginner traders to copy the moves of more seasoned investors. It provides unlimited access to the best trading strategies and practices to help you become a better investor. Vantage FX integrates with TradingViews to provide investors access to a global community of trading enthusiasts.

For instance, Debit/Credit Card withdrawal can only be used for accounts that made deposits using a Debit/Credit Card. Vantage FX gives traders the opportunity to benefit from the precious metals markets by offering CFDs in various precious metals, which traders can use to speculate on the price movements or hedge against inflation. This is unlike most financial firms that would charge a certain sum on trading accounts after a prolonged period of inactivity.

For experienced traders seeking the lowest possible spreads, the RAW ECN Account delivers razor-sharp spreads and low commissions, supported by deep liquidity. For forex enthusiasts, the platform supports major, minor, and exotic currency pairs with competitive spreads. Commodity traders can access both hard and soft commodities, including energy and precious metals, providing opportunities to hedge against market volatility. Investors interested in equity markets can trade share CFDs and ETFs, offering exposure to a wide array of sectors and regions. Vantage ensures that traders can trade on the go with its mobile trading apps, compatible with both iOS and Android devices.

• Thanks to Vantage FX you can access more than 1000 tradable assets and instruments, including forex, CFDs, indices, precious metals, soft commodities, energy, ETFs, and bonds.
• The response times and overall liquidity in the assets makes Vantage a good choice for trading.
• Similar to the active trader program, this 10% rebate may be available in some areas.
• According to its website, Vantage is founded on the values of accountability, transparency, reliability, integrity and trust.

However, MT4 and MT5 web traders are not the only browser-based trading options. Both platforms are available in mobile formats, so busy traders can continue to trade while on the move. Mobile versions retain most of the useful features and benefits of the full versions. Vantage currently supports three types of accounts, of which the most accessible is the standard STP account, which obviously supports STP execution. The bottom line reputation-wise is that – everything accounted for, and despite the above detailed issues – the user-feedback Vantage has managed to rack up over the years is overwhelmingly positive.

This account type is ideal for those who engage in high-volume trading and require fast, efficient market entry and exit. The lower spreads are particularly beneficial in reducing overall trading costs, while the superior execution speeds minimize slippage, maximizing potential trading outcomes. Additionally, Professional accounts offer greater transparency in pricing and are compatible with high-frequency trading strategies, making them an excellent choice for scalpers and algorithmic traders.

Desktop Trading Platforms

The broker facilitates smooth and secure financial transactions using reliable methods such as bank transfers, credit/debit cards, and popular e-wallets. This flexibility ensures that all traders can easily manage their funds in a way that suits their individual circumstances. Vantage prioritizes security and efficiency in all transactions, employing advanced security measures to protect client data and funds during transfers. This commitment to reliability https://lunarcapital.net/ and convenience underscores Vantage’s dedication to providing a seamless trading experience for its clients.

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. Building on the success of its predecessor, Vantage also offers MetaTrader 5 (MT5), a more advanced trading platform designed for traders who demand more from their tools. MT5 retains all the core features of MT4 but adds enhanced charting tools, more timeframes, and additional technical indicators, making it a more versatile choice for experienced traders. Vantage offers a range of trading platforms that accommodate traders at all experience levels. From advanced charting tools to seamless mobile applications, Vantage ensures that traders have the tools they need to succeed, no matter their experience or trading style.

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.

Vantage’s browser-based trading platform, WebTrader, requires no download or installation. This platform offers a seamless trading experience with advanced charting tools, technical indicators, and various order types. Ideal for traders on the go, Vantage WebTrader is compatible with most modern web browsers and can be accessed from any device with internet connectivity.