Vantage Review 2025: Pros & Cons

From mobile to desktop applications, these platforms cater to traders of all levels with seamless functionality and advanced tools. Forex fees are transparent, embedded within spreads and commissions, offering competitive rates across currency pairs. The funds that traders deposit into their trading accounts at Vantage are safe and secure. This is because of the preparations that the broker has made to ensure that the funds of traders are protected. These arrangements include the holding of clients’ funds in accounts that are separated from the broker’s own funds. The demo account from Vantage enables traders to trade with real-life conditions, even though they are trading with unreal funds.

What Are CFDs?

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Vantage stands head and shoulders above the competition in several ways. The trading fees on its Standard account are more favorable than the industry average across the board. Its educational content covers in-depth rarely discussed topics, such as indices trading. The broker also provides nuanced market research by Autochartist and Trading Central.

Moreover, Vantage’s flagship ProTrader platform features advanced charting capabilities for conducting advanced technical analysis. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. The competitive pricing in the ECN accounts, additional tools and the rebate scheme also make Vantage a good option for more experienced, high-volume traders. In addition, the VPS and access to the MetaTrader software will serve algo traders. Similarly, ProTrader users can also access a range of tools for just a $200 minimum deposit, making this a more accessible option for newer traders looking to upgrade their package. My favorites are the Market Buzz AI news tool and the Analyst Views feed with live trade set-ups.

What are the pros & cons of Vantage?

However, I am not a fan of the ads and, and it is still a long way off from competing with the best mobile apps in the industry. BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist. Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk. It is, therefore, unsuitable for those who lack proficiency and sufficient experience. Vantage supports several trading platforms desVantagened to meet the preferences of different traders.

He patiently addressed all my concerns and ensured I understood everything clearly. User should submit for identity proofs (passport or national Worldtradex courses scam ID) and proofs of address (either bank verification or utility bill). From articles, to educational webinars, videos, and courses; you name it, we’ll have it. Not applicable as so far so good with vantagefx , did not encountered any issue .

Since trading and non-trading fees can substantially impact trading performance, it is essential to pick a broker offering competitive prices. Whether you prefer the broker’s spread-based Standard STP account or the commission-based Raw ECN account, you will benefit from excellent trading conditions and transparent pricing. Professional and swap-free accounts are also available for qualifying customers. Overall, these account options allow traders of all experience levels to pick the one that aligns with their preferences and trading style.

Deposits and withdrawals at Vantage

Conversely, if the interest rate of the currency purchased is lower, a swap will result in a charge to the account. In addition to Vantage’s spreads and commissions, traders must be familiar with the broker’s overnight funding costs. They are also known as swap rates or the rollover interest rate for keeping positions active overnight. Below, you can check out the trading costs for several popular currency pairs with the Standard STP account of Vantage, which uses a 0-commission pricing model. Please, note that the costs per micro and standard lot are for a single side of the trade.

  • Currency conversion fees depend on external providers and market conditions.
  • Another thing that stands out for me is the level of customizability that I get with the MetaTrader suite.
  • The only downside is that you don’t get access to a library of additional indicators or trading robots.
  • However, this is standard practice and Islamic accounts avoid this charge, though an admin fee is levied instead.
  • As a multi-award-winning CFD broker, Vantage delivers a superior trading experience, recognised by respected financial institutions and publications.

How To Open A Demo Account

As a multi-award-winning CFD broker, Vantage delivers a superior trading experience, recognised by respected financial institutions and publications. We provide support and detailed account information at every stage of your journey. Our dedicated customer support team is available 24/5 to provide assistance with any trading-related issues or questions.

Vantage is one of the most versatile financial derivatives brokers in the trading industry. Founded in 2009 and headquartered in Sydney, Australia, it offers over 1,000 tradable assets at very competitive prices. Vantage is a top-tier broker with some of the lowest trading fees I have seen. It’s just a shame the Pro account has a steep $10,000 starting investment. The broker’s proprietary copy trading platform is ideal for copy traders looking for additional perks. I was able to access convenient account management features, as well as trade monitoring.

Vantage offers a broad range of energy commodities, providing traders with access to the highly liquid global energy markets. Our energy trading options include popular commodities, such as crude oil, natural gas, and Brent oil. Reputable multi-asset broker, client accounts are independently managed and audited periodically. The transaction speed is very fast and the slippage is low, making the risk of news much reduced. Pepperstone maintains a well-balanced asset selection of 1,350+ trading instruments, including currency indices and cryptocurrencies. Vantage features 1,000+ assets, including bonds, and both brokers offer ETFs.

Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. Vantage offers Islamic accounts for swap-free trading under Shariah law. Clients must contact the broker’s customer support to request further assistance.

Charting Tools

Prior to dabbling into margin trading, each reader should take the time to determine their individual investment goals, risk tolerance, and level of expertise. Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice. Please consider contacting a professional advisor if you require any financial assistance. Thanks to Forex virtual private servers (VPS) traders can avoid potential downtime due to internet access issues or power supply interruptions.

Users can trade on the all-in-one Vantage App, MT4, MT5, ProTrader (powered by TradingView), Copy Trading, or the Demo Trading platform. Agents respond within seconds, even during non-business hours, though their knowledge levels could be improved. For more general queries, the broker offers a dedicated FAQ section on the website. The chart screen is undeniably one of the most crucial features of a trading platform. It equips traders with essential tools and configurations to analyze price action and spot trading opportunities.

You can therefore confidently trust the expertise and rigor of our research at BrokerCheck. Vantage offers a user-friendly platform with transparent and reasonable pricing. My account manager keeps in touch consistently, making my experience quite positive up to this point.

I discovered that Vantage offers an average number of currency pairs and a high number of commodities, share CFDs, indices, and cryptocurrencies. In my opinion, MT5 is best suited for automated trading via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions.

  • Thanks to Forex virtual private servers (VPS) traders can avoid potential downtime due to internet access issues or power supply interruptions.
  • The platform’s social trading features allow you to build a following and earn commissions on copied trades.
  • 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.
  • Vantage offers traders two major types of accounts aimed at providing for the services of different classes of traders.
  • The few drawbacks include a limited selection of CFD stocks from Asian markets and inconsistent customer support.

They also assured me that any withdrawal would be processed using the original deposit method, into the same account. When I do get a response, it takes ages—sometimes up to 15 minutes—and they mention they’re handling multiple queries at once.I’m in urgent need of assistance to retrieve my funds. For all intents, charges are limited to spreads, minimally so for the ECN accounts, along with swap rates and inactivity fees placed in a dormant account. When checking several broker-rating-websites a lot of complaints come because withdrawals were denied, rumors about vantage being/going to be bankrupt, closure of profitable accounts.

Will continue use vantagefx as it considering the best broker I trade with so far. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Vantage does not accept as clients residents of certain jurisdictions such as Canada, China, Romania, Singapore, the United States, and jurisdictions on the FATF and EU/UN sanctions lists.