Vantage Markets broker review 2025 ++ Scam or not? Test
The broker offers access to ForexVPS free of charge for clients that have a minimum balance of $1000. Vantage FX offers swap-free trading on both the Standard STP and Raw ECN accounts. Both Swap-Free Standard STP and Swap-Free RAW ECN accounts are designed for traders who are unable to receive or pay swaps due to religious beliefs.
ZuluTrade is another leading third-party copy trading solution which can easily be integrated into the MT4 and MT5 platforms. Note that you can also activate one-click trading on these platforms. For traders interested in precision charting, or that don’t like the MetaTrader suite, I would opt for ProTrader. This includes stocks, indices, commodities, metals, energies, ETFs, and bonds.
What are the best Vantage Markets alternatives?
Vantage offers its customers to use the section on the website that is dedicated to the education of future traders. This account type offers access to the full range of markets supported by the broker and its minimum balance requirement is $200. Our request to talk with a human agent worked well, and on entering an account number, the chat was transferred directly to the broker’s customer support team. Another neat feature of the site is that accounts are, by default, set up so that copies of all Live Chat conversations are emailed to you after chats are closed. This type of account offers access to the entire spectrum of markets supported by the broker, and its minimum balance is $ 200. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers.
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XTB is authorised and regulated by the UK Financial Conduct Authority (FRN ), with its registered office at Level 9, One Canada Square, Canary Wharf, London, UK. Our organization takes great satisfaction in serving as a symbol of optimism for those who find themselves entangled in the intricate realm of Internet trading and investing. If you have traded with Vantage we would really like to know about your experience – please submit your own review.
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I think Vantage could improve its market coverage by introducing Asian share CFDs from exchanges like the Shanghai or Tokyo Stock Exchanges. My only minor complaint is that the selection of shares is lighter than some brokers like CMC Markets. It’s also good to see that bank transfers, cards and some e-wallets are fee-free. Founded in 2009, the broker’s long history is a great sign of a well-established business with strong credentials. The firm’s notable reputation is https://lunarcapital.net/ also reinforced by its collection of prestigious awards.
This is unlike most financial firms that would charge a certain sum on trading accounts after a prolonged period of inactivity. A $4.0 commission for a 1 Lot trade on the Pro account is very competitive. So, the Pro ECN Account is the cheapest of the three accounts, which is why it is offered to high-volume traders.
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In addition to ECN execution, the Pro account has a range of 0 points and a commission of $ 2 per lot on each side. Vantage is a highly-rated forex broker with a good variety of assets, useful tools and low fees. However, there is no guarantee of making money when trading forex online regardless of the broker you trade with. Given its large user base, reputation and regulatory oversight – we consider this a trustworthy forex broker.
Suitable not only for seasoned traders but also for beginner traders. This is all thanks to the Vantage Academy feature that provides free trading courses, ebooks, and webinars to help new traders kickstart their trading journey and improve their skills. Additionally, the copy trading feature allows users to simply copy trades as executed by seasoned and experienced traders. Demo trading—an invaluable feature that allows beginner or less experienced traders to practice and test their trading strategies before trading live markets.
- The MT4 and MT5 Web Traders are not the only browser-based trading options though.
- This useful feature provides the latest product updates, keeping traders informed, empowered, and in control of their trading experience.
- Strong regulatory oversight helps protect you from scams and gives you access to robust safeguards like negative balance protection and jurisdictional restrictions on leverage.
- CFD trading fees are built into spreads, with $0 commissions on certain products like gold and share CFDs.
- Vantage has never let me down since i started using their services, good spead, no manipulation, easy withdrawals and tight security on platform usage.
With over 15 years of market experience and regulated in multiple jurisdictions, Vantage provides a trusted trading ecosystem that empowers https://lunarcapital.vip/ clients to seize trading opportunities. Comes with demo trading accounts, allowing beginner or inexperienced traders to practice trading in a risk-free environment using fake funds. Vantage provides mobile trading apps for iOS and Android, enabling users to trade on the go.
However, other methods require longer to process with bank wire withdrawals taking up to five working days. I appreciate that the broker charges no deposit or withdrawal fees but some payment methods have third-party charges, for instance, international wire transfers as outlined above. No inactivity fees are charged by Vantage, which is an advantage over rivals like Admiral Markets and IG Index. This is good news for casual traders who don’t need to worry about being stung for not trading for a few months. The broker charges a commission of $3.0 per lot per side ($6 round trip) on the Raw ECN account and $2.0 per lot side ($4 round trip) on the Pro ECN account. Vantage FX does not charge any commissions on the Standard STP account.
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- The signals suggest the moment to enter or exit a trade, allowing traders to make better-informed trading decisions.
- However, other methods require longer to process with bank wire withdrawals taking up to five working days.
- I appreciate that the broker charges no deposit or withdrawal fees but some payment methods have third-party charges, for instance, international wire transfers as outlined above.
- In addition to Skrill, Neteller, BPay, Poli, credit cards, debit cards, and UnionPay transfers, Vantage Markets now accepts bank wire transfers, local bank transfers, and credit and debit cards.
The not available negative balance protection only shows that Vantage Markets is a real ECN broker. This means there is no conflict of interest between the broker and the trader. Some brokers only earn on the loss of traders and do not sell the orders to the markets.
Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. Vantage offers competitive fees with a highly recommended rating for its commissions and fees. However, a hefty minimum deposit is required to unlock some of the more competitively priced account types and features. The average spread cost for the EUR/USD pair on the spread-only standard account is 1.3 pips, slightly higher than the industry average of 1.08 pips.
It is regulated and it features superb account type- and platform selections. These questions extend beyond basic information related to country of domicile and address to include questions related to trading experience and educational background. The neat functionality of the site made this part of the process easy to navigate; it took less than one minute to complete. Vantage currently feature 3 account types, of which the most accessible is the Standard STP account – which obviously features STP execution.
Nevertheless, it is important to note that not all things that seem attractive or promising are really valuable or genuine. Our staff has received a significant number of complaints from traders pertaining to issues related to the tags “vantage markets scam” and “vantage withdrawal problem”. The underlying story exhibits consistency, as traders have encountered difficulties in the process of withdrawing their earnings.
Mobile versions retain most of the useful features and benefits of the full versions. On some of their (ECN) account types, their spreads start from 0 pips (such accounts do charge a commission though). 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. There are scores more people who appreciate the services of the broker (and we know that content clients are much less likely to leave any kind of feedback) than complainers. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. Vantage is a legitimate forex broker that does not appear to be operating a scam.