Beginners Guide To Vantage Fx Review 2020

Traders Union has worked hard to become the most reputable Forex site for Forex market participants. We have built a trusted Retail foreign exchange trading center for analyzing all events on the market and any information affecting the operation of the Foreign Exchange market.

Also available is the Vantage FX Pro ECN account though this is very much suited to more experienced traders with a minimum deposit of $20,000 and lower trading costs to match. As an Islamic trader, you can also take advantage of the Vantage FX Islamic account which is fully Shariah Law compliant. When it comes to the available markets at Vantage FX the first point to note will be that they are a CFDs broker. This means that every asset listed is traded as a CFD and you will not be able to trade the real underlying asset. All information contained herein should be independently verified and confirmed.

Good Company

I am very happy with the Vantage Fx customer support and community help.l am very interested and satisfied with Trading.we can earn big money. This is a firm thats good at what they do, the process and responses are prompt. I would recommend vantage fx for anyone, i do hope it doesn’t change any time soon.

All funds deposited to Vantage FX are held in segregated tier 1 bank accounts for security. Vantage FX is regulated by Australian Securities and Investments Commission so can be considered legit. Vantage FX CFDs are typically used for short to medium term trades. Although high risk because CFD trades are separate from the financial markets, a CFD trade can be more flexible than a traditional market trade where you own the underlying asset.

They allow people to get drawn in and lose money, and they don’t care. I will be posting on social media and raising awareness about this failing receiving a suitable refund. We really appreciate the feedback and we will continue to do our best to provide quality service. Wonderful company, but i did not like the options for withdrawals. BrokerChooser.com does not provide any investment advice, we only help you to find the best broker for your needs. Feel free to give Vantage FX a try,as you will have an account within a day and there is no inactivity fee.

MultiTerminal doesn’t support Automated Trading scripts like Expert Advisors. Commission fees can differ depending on the trading type, financial Vantage FX Review asset type and what level of trading account you have. You can sign up for a demo account to acquaint yourself with Vantage FX platform.

Clients who fund their account in the amount of 10,000 USD and maintain the amount at this level can earn commissions up to 8 USD per lot traded. In addition, such customers can receive gifts from the broker, such as a gift card or iPhone. If you are an investor it’s not the best option for you because the choice of instruments here is not vast since there is no opportunity to work with real stocks and securities.

A key advantage that the broker boasts about is its atypical support for both MT4 and MT5 on MAC operating systems. The platforms it offers for FX trading include MT4 MetaTrader 4 and MT5 MetaTrader5. Clients of the Forex broker and bank are able to access not only Forex, but also Indices, Commodities, Share CFDs, and even Cryptocurrencies. In this review, we will focus on their globally acknowledged, highly secure, and safe Forex brokerage services and what they offer you as a trader. Vantage FX is based out of Australia with a core focus on forex; however, it also offers trades in other assets like crypto, CFDs, commodities, etc. Any online broker we’ll always have to make sure that the design and the UI/UX of the platform are user-friendly. It is one such trading platform that provides a simple navigation and registration process.

Cost And Fees, Commissions And Spreads

As a result, the broker itself can hardly access its clients’ accounts, thereby giving the clients one more layer of protection on their funds. Going through Vantage FX’s website for the first time is literally like a walk in the park. This is because the website is extremely user-friendly and provides links to all the different parts of the site that a user might want to access. On the whole, the website does wonderfully in terms of making browsing through it extremely easy and boasts of a very professional, lucrative design. You will have access to dozens of charting tools and indicators across all variations of the platform that prioritizes the ability to customize your trading experience. On mobile, the platforms are equally as powerful with access to the same detailed functions in an easy-to-use app.

This allows for the quickest execution speeds for every client. The main points of the fiber optic server network are in New York and London, which account for live servers 1 and 2. There are data centers in Sydney, Guangzhou, Kuching, and Tianjin. Vantage FX also constantly works on enhancing its trading network made up of data centers and servers, which includes updates to the physical locations and hardware. This is one of the many ways that Vantage FX aims to maintain its industry-leading position and maximize its strength. Thanks to the carefully planned trading servers, Vantage FX clients can appreciate stable and super-fast trading conditions unlike those from competitors. Vantage FX always strives to offer low spreads that are industry leading.

You have a situation where a small sum of money is controlling a much bigger financial position. Vantage FX safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Vantage FX also urges its clients through its web platform to always look for the SSL security sign o the browser while operating Vantage FX. A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions. An account inactivity fee is a fee charged to the registered brokerage client. This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your recieving currency, your payment provider.

• This broker is regulated by ASIC and has a strong reputation that should inspire confidence in clients.
• They do talk about a highly specialized group of founding people who had a strong combination of backgrounds in Forex, finance, and technology that launched the broker back in 2009.
• One international bank withdrawal per month is also free of charge, while all subsequent withdrawals are charged 20 currency unit of your account ($20, €20, etc.).
• Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.
• Additionally, KPMG strictly audits Vantage FX. KPMG is a network of a global nature that includes professional firms that provide audit services as well as those of an advisory nature and tax services.
• This is in addition to about 4 technical charting tools and 10 time-frames .

Raw ECN Accounts – Traders who worry about transparency issues will love this account created with their concerns in mind. The commissions are $3 per lot and trades are offered at actual inter-bank rates. The broker is not your trade counter-party with this account.

Support is available firstly through a range of helpful FAQs that can provide the answer to many of your questions. Beyond that, you have a support team available in 5 different languages. This means you will have full access to two of the most highly acclaimed trading platforms in the industry. Both are award-winning for the function they provide and give you access to a unique blend trader of usability, combined with a technical depth and prowess that makes them suitable for new and experienced traders alike. Trust and security are of vital importance no matter who you are trading with, or in which market. With a forex broker, this is also the case and an area that Vantage FX clearly treats as a top priority to ensure you the best possible trading environment.

Customer Support

You have several account types to choose from that will depend on your trading profile and needs. Most popular of these choices are the Standard STP Account that has a minimum deposit of $200, more than 150 assets available to trade, and spreads starting from a variable 1.4 pips.

Vantage FX claims a partnership with MetaQuotes, the developer of the MT4 trading platform, granting its traders access to over 3,200 trading signals, free of charge, that would otherwise come at a cost. This broker opted for research and analysis partnerships, rather than providing them in-house. While this is perfectly fine, it does omit a service that we’ve come to value from other brokers. This broker is properly positioned to expand its client base that currently stands at over 50,000 active traders.

Very Good Customer And Support

Once users click Finish, the account opening procedure is completed and clients can then login to their secure Client Portal. Here, users can access their trading accounts, deposit and withdrawal options and trading platform downloads, as shown below. Vantage FX offers three distinct account types, but the Pro ECN account won’t be an option for most new traders as it requires a minimum deposit of $20,000. Most retail traders will choose between the Standard STP account, with a minimum deposit of $200, or the Raw ECN account with a minimum deposit of $500. The Standard STP account remains free of commissions but spreads start from 1.4 pips, creating an uncompetitive trading environment. To counter the high trading cost, Vantage FX offers a rebate per lot traded in the amount of A $2.00. This broker derives its fees from spreads and commission on over 180 assets.

This Currencies forex was written by industry experts with over 20 years of financial experience in Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing. All content on Blockonomi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate.

Brokers

Clients trading on powerful platforms MT4, MT5 can find a good speed of transaction execution. Withdrawing a deposit to a bank card is possible only if the card belongs to the account holder. This section is presented with training videos on working with trading terminals. There is a shortage of valuable information for half-baked traders. The broker’s clients can use VPS and add-ons for MT4 and MT5 regardless of the size of the deposit. It is presented in the form of infographics, where you can see the ratio of open deals for buying and selling certain trading instruments.