Founded in 2009 and headquartered in Sydney, Australia, it offers over 1,000 tradable assets at very competitive prices. Vantage Markets provides a standard range of trading assets in line with the market average. The trading and non-trading commissions of broker Vantage Markets have been analyzed scammed by Lunar Capital and rated as Medium with a fees score of 7/10.

One thing that I think works very well is the gamification of this application, with benefits and commission earned from the program scaling up depending on your success. In particular, Vantage stands out for its choice of copy trading platforms, with multiple in-house and third-party solutions. Third-party platforms such as MetaTrader 4 and MetaTrader 5 are supported as well as a ProTrader terminal powered by TradingView and a Vantage App.

Desktop Trading Platform

• Each account is designed to meet the needs of different types of traders, from beginners to professionals, with varying spreads, commissions, and features.
• Experienced traders benefit from competitive pricing, a rebate scheme, and extra tools.
• Rediscover the MetaTrader 4 and 5 Platforms by deploying the most comprehensive upgrade to your MetaTrader experience today and take your trading further with Vantage.
• Vantage offers this access to global FX Markets via its powerful MetaTrader 4 (MT4) platform.
• These tools are designed to help traders make informed decisions and stay ahead of market trends.
• However, its dated and rugged design is inferior to newer and sleeker platforms.

The market data and economic calendar on the website are useful, though they’re absent from the client area. However, the client area includes TradingView-powered sentiment indicators. These helpful tools visually show the overall sentiment ratio of long and short positions at Vantage. For EUR/USD, the Standard Account spreads start at 1.4 pips, not the tightest but fair. Vantage’s bonus offerings are available to offshore clients through the Vantage Rewards program, which includes cash and other incentives. While these rewards can be attractive, I advise caution and recommend not choosing a broker based solely on bonuses.

My favorites are the Market Buzz AI news tool and the Analyst Views feed with live trade set-ups. Vantage also doesn’t disappoint when it comes to additional trading tools. I have been particularly impressed with the comprehensive range of third-party social trading platforms, including Myfxbook and ZuluTrade. The MetaTrader platforms come with some of the https://lunarcapital.live/ most comprehensive libraries of technical indicators and drawing tools. While I rate the competitive ECN accounts, I think it’s a shame that some serious traders will miss out on the best trading conditions in the Pro ECN solution. The minimum deposit is pretty steep at $10,000 – more than other pro-level accounts I have reviewed.

Vantage offers numerous free educational materials in the library section of their website which are accessible to their registered clients. These materials are in several formats, including articles, courses, and tutorial videos and cover topics ranging from trading market updates, forex guidelines, and trading psychology. Sentiment analysis is another tool that Forex traders can use to make trading decisions, adding it to their standard arsenal of fundamental and technical analysis. It works side by side with these methods of analysis by helping to alert you of any supply/demand imbalances which could lead to potential reversals in price. When your Vantage account is funded with a minimum of $2000, you can gain access to a portfolio of professional proprietary traders.

The lack of deposit and withdrawal fees on most methods is a significant advantage, although traders should be aware of potential third-party charges. Vantage supports social and copy trading through its partnership with ZuluTrade and Myfxbook. These platforms allow traders to follow and copy the trades of experienced traders automatically. This feature is especially beneficial for novice traders or those who wish to diversify their trading strategies by leveraging the expertise of others. The Smart Trader Tools Package allows the Vantage MT4 and MT5 platforms to rival even the most advanced institutional trading platforms on the market.

Is Vantage Good For Beginners?

They offer low fees, easy onboarding, and support for retirement accounts. Wealthfront offers powerful digital planning tools, smart portfolio management, and low fees, making it one of the best investment companies for investors who prefer automation over advice. Fidelity consistently ranks among the top 10 investment companies thanks to its low fees, deep research, and powerful planning tools.

Our reviews cover a broad spectrum of factors, including regulatory compliance, asset diversity, trading conditions, and user experience. By considering the needs of both novice and professional traders, we deliver well-rounded evaluations that highlight both the strengths and areas for improvement for each broker. The best alternatives to Vantage include LunarCapital, Plus500, Fusion Markets, and LunarCapital.

Additional Tools

It provides access to the full range of trading instruments and platforms, with a minimum deposit requirement that is accessible for most traders. Vantage Markets offers an extensive range of tradable instruments, making it a versatile choice for traders. With access to over 1,000 instruments, clients can trade forex, indices, precious metals, soft commodities, energy, ETFs, share CFDs, and bonds. This broad selection allows traders to diversify their portfolios and explore global financial markets efficiently. To evaluate brokers, we test the accounts, trading tools and services provided.

Deposit & Withdraw

• Moreover, the broker will cover the first 20-unit fee from international bank transfers every month which helps keep transfer costs down.
• To start working with a broker, you need to go through the registration procedure.
• In particular, Vantage stands out for its choice of copy trading platforms, with multiple in-house and third-party solutions.
• This gives traders the added flexibility to choose their own VPS provider.
• Their straightforward design lacks unnecessary clutter, making them accessible for newcomers.

When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. An agent connected almost instantly, providing quick and concise responses. He handled straightforward inquiries well, such as questions about the broker’s copy trading service and potential hidden commissions.

Once verified the funds will be transferred to your account almost immediately in the case of e-wallets and within five days if you send funds by wire transfer. I find the Vantage app to be more user-friendly than the MetaTrader options, but this will ultimately come down to trader preference. The company now has over 1000 employees in over 30 offices and it serves traders from 172 countries. If the trading criteria are met Vantage offers access to TradingView Pro, Pro+ and Premium and will refund your monthly membership costs. It also doesn’t have the hefty deposit of DupliTrade, making it better for traders on a budget. For traders interested in precision charting, or that don’t like the MetaTrader suite, I would opt for ProTrader.

Trading on Vantage Markets is carried out through the MetaTrader 4 and MetaTrader 5 trading terminals. A positive feature of the broker is the presence of a proprietary platform which is the Vantage Markets App. It is a mobile terminal that works on devices with Android and iOS operating systems. This section is presented with training videos on working with trading terminals. We compared Vantage Markets with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.

Vantage vs Other Brokers

Withdrawal requests are typically processed within 1-2 business days, though the time for the funds to reach your account may vary depending on the method chosen. If you are a serious Forex trader, and want to keep your MetaTrader 4 platform running 24 hours a day, a virtual private server (VPS) is ideal. A VPS uses an external server to manage your trading connectivity ensuring that the MT4 platform is running 24 hours a day and is not subject to downtime caused by electrical or computer problems.

The firm’s offshore entity also offers less in terms of regulatory scrutiny and account security. Support is available 24/7, providing amongst the best coverage available on the market thanks to the broker’s live chat, telephone hotline and email contact options. 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. This gives traders the added flexibility to choose their own VPS provider. Muslim traders will appreciate that swap-free Islamic accounts are available which puts the forex broker on an even footing with rivals like AvaTrade. Our experts are also reassured that this broker segregates client funds from business capital with an AA-rated bank, which should provide peace of mind for traders.