Lastly, we must remember XTB as another alternative, best if you are looking for a broker which has been on the market for close to twenty years now. The company has offices in more than 13 countries, including UK, Germany, France, and Chile. This makes XTB one of the safest brokers in the world, so you can’t go wrong with them. The website has been translated into German, Chinese, Indonesian, and more. Still, you can only expect some supported languages from an Australian broker.
Trading Platforms
There are also professional accounts with increased leverage, but fewer safeguards. I’ve been particularly impressed with the wide range of up to 10 base currencies in the Standard and RAW accounts and the accessible $50 minimum deposit. This makes Vantage a good option for global traders and those with less https://limefx.vip/ starting capital. He has several years experience in the forex trading business and has started to trade in Bitcoin and other crypto markets too. BlackBull Markets is a reliable and well-respected trading platform that provides its customers with high-quality access to a wide range of asset groups.
Vantage Review
Thanks to the advanced functionality of the platform, MT4 Vantage can conclude transactions with lightning speed. Trading applications are available for devices based on iOS and Android. MT4 is the most popular trading platform in the world, perhaps the centrepiece of the Vantage offer. In addition to the Windows version, which can be downloaded for free from the Vantage official website, the platform is also available in the Mac version. In addition to ECN execution, the Pro account has a range of 0 points and a commission of $ 2 per lot on each side.
Popular Forex Guides
In addition to those issues, the broker was apparently involved in a couple of less-than-savory incidents in the past, none of which carry much significance for the rank-and-file user though. Obviously, there’s very little solid proof delivered with any of these complaints, but their mere existence is enough to raise a red flag with some. With the binary option part of the deal now gone, the brokerage has taken on an entirely different, much more serious appearance, and indeed, its reputation has taken a turn for the better as well.
Vantage vs Other Brokers
- It offers charting tools, technical indicators, and customizable features for new and experienced traders.
- In addition to the above, the MT4 and MT5 versions are available in Web Trader versions for those who cannot or do not want to download anything to their local machines.
- The straight-through processing order execution (STP) account and Swap-Free Trading Account/s incur no commissions with spreads that start at as low as 1.4 pips.
- A full list of fees is readily available and easily accessed via the homepage – simply click on the payment options icon at the bottom right-hand corner of the homepage.
- It is also worth mentioning Vantage Markets has some of the lowest fees on the market, and if this is an essential aspect for you, then this broker is one of the best options worldwide.
The trading experience via the MetaTrader 4 and MetaTrader 5 platforms is very much what you have come to expect. The MetaTrader 5 platform in particular has really been streamlined with this latest update. The WebTrader platform and the proprietary mobile app are both similarly easy to use, and beginner traders shouldn’t have an issue getting used to them. Through the ZuluTrade social trading platform, clients of Vantage will gain exclusive access to a vast pool of professional traders and profitable trading systems.
With that said, the commission-free trading model will serve new traders looking for straightforward pricing. My assessment found that fees at Vantage are competitive, especially in the higher account tiers. The best part is that you only need $50 to access raw spreads in the ECN account, but there are commissions to be aware of.
These visually display the overall sentiment ratio of long and short positions at Vantage. After rigorously exploring Vantage’s platform, I found the research tools to be fairly comprehensive. I especially like that you can join discussions within a community feed which allows users to learn how to trade in a hands-on yet engaging environment. Ultimately, I think the app will work well for beginners or anyone looking to stay up to date with market events whilst on the go. In terms of the look and feel, I personally find trading on this software a more enjoyable experience than MT4 and MT5. The default dark mode workspace is easier on the eye, especially when layering color-coded indicators and graphical objects.
In addition to all the other account features available, Vantage has also got a number of other bonus features that make an account with it even more appealing. This includes a ‘refer a friend’ scheme, an active trade programme, a 50% deposit bonus, and a rebate scheme. The ‘refer a friend’ scheme is potentially lucrative and gives you the opportunity to earn a $150 bonus for every successful referral – this also gives them a $100 limefx reviews sign-up bonus. The active trader promotion offers users who open a Standard STP account funded by at least $10,000 the opportunity to earn bonuses based on their account activity. The welcome bonus provides a bonus of 50% on deposits of up to $500 for users signing up to the Vantage account. Vantage clearly takes customer satisfaction and loyalty very seriously, as these bonus schemes are among the best we have come across.
The strengths of Vantage Markets are transparent order execution and liquidity delivery. This means that the broker is connected to a network of large liquidity providers. Large, well-known banks (HSBC, Bank of America, UBS, and more) are among them. Today, the selection of online brokers is extensive, and finding a trusted trading partner isn’t easy.
Since both platforms are strikingly similar, I found it useful to compare them side by side in the categories below. The Raw account and Pro ECN offer attractive pricing, especially for experienced investors looking for ultra-tight spreads with low commissions from $3 per side. Vantage offers a strong suite of trading instruments, with 1000+ CFDs spanning forex, stocks, commodities, indices, bonds and ETFs. For example, traders can earn V-points in the Vantage Rewards scheme which can be redeemed for cash, deposit rebate vouchers, lucky draws, profit boosters and more. When I used Vantage, I found that clients registering with the offshore entity can access several bonus deals and promotional offers. Reliability Vantage extends not only to the financial support of firms but also to the provision of services.
The broker offers a complete package for the beginner or advanced trader. In case of significant problems, the support can access your computer via external software (Teamviewer). Traders can thus trade on real terms and simulate real money trading without risk. Even beginners or new customers can try the trading conditions and the broker’s offer. Vantage Markets offers a free demo account, which is also unlimited here. This can only be said of some brokers and is very difficult to recognize, especially for beginners.