I like to know how and why each trade is taken, rather than follow another trader and hope for the best. You can open trades with pip-perfect precision with multiple order types and view important data including the pip and trade value in dollar values. Furthemore, you can set the GMT of your trading charts to your local time, or to the opening hours of your favourite instrument.

Is Vantage regulated and legit?

I recommend the Raw ECN or Pro ECN accounts, as these offer ultra-tight spreads. The availability of the MetaTrader platforms and VPS also means that active day traders using automated systems are catered for. Looking at the downsides for day trading, execution speeds at Vantage aren’t the fastest. 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 extra trading services does Vantage offer?

Accounts can be opened in a great range of currencies including AUD, USD, EUR, GBP, SGD, JPY, NZD, CAD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. Featured ideas gives access to personalised trade ideas in real-time. Whether you are a scalper, swing trader, or long-term trader, you can filter trade ideas by time frame, indicators, and candlestick patterns to find the best setups for your trading style. Vantage clients also get free access to some exclusive MT4 indicators from Trading Central.

Can You Make Money Trading Forex With Vantage?

If you have experience trading with Vantage please share your personal review of the broker and what you think are strong and weak points. Compare the markets and instruments offered by Vantage and its competitors. Please note, some markets may only be available via CFDs or other derivatives. I also appreciate that strategy providers are more rigorously vetted, with certain performance requirements needing to be met before their positions can be mirrored. Below is my view on the tools that I think elevate the trading experience.

We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Eight different base currencies are available for the trading account, and an Islamic account version is adjustable. After my tests, the execution for trades at Vantage Markets is sensational and happens directly without requotes.

These guides cover the very basics such as how to install MetaTrader to the more advanced custom indicators. The alarm manager can be set to send you alerts and notifications limefx company reviews of specific activities and also perform automated actions on your behalf. There are 6 types of alarms, alerts vis email, popup, sounds, SMS and twitter broadcasts.

1. Clients can choose between an STP account with zero commissions and floating spreads from 1 pip or an ECN account with low spreads from 0.0 pips and a $3 commission per lot per side.
2. Again, Vantage doesn’t charge any internal fees for withdrawals, which is a positive if you make regular withdrawals.
3. By the Financial Conduct Authority (FCA) under Vantage Global Prime LLP, for institutional clients.
4. Your actual trading may result in losses as no trading system is guaranteed.
5. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

For the purposes of this example, we will be looking at how to place a forex trade through the MetaTrader 5 integration you can find on the Vantage platform. After you have provided Vantage FX with your personal information you will be asked a series of questions related to your employment status, income, and general financial wellbeing. These questions are required for compliance with anti-money laundering legislation requirements.

Vantage offer professional money managers fully customisable multi account manager solutions via a MAM console in partnership with MetaFX. The administrative side is handled in house so users can fully focus on the trade management aspect. There are a number of professional traders who use the platform which has been thoroughly tested to ensure its stability and flexibility. https://limefx.name/ There are over 50 technical indicators that can be added to your charts for technical analysis, including moving averages, MACD, Bolling Bands, RSI, CCI, Stochastics, Parabolic SAR and more. It saves me having to load all of the indicators each time I want to check a chart. There are multiple order types and alert notifications can be set via pop up, SMS and email.

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.

The advanced charting tools can help clients analyze financial markets in real-time. Additionally, the inclusion of an advanced economic calendar is extremely helpful for pinpointing times when market volatility may climb. In addition to a web-based platform, the broker supports the MetaTrader 4 and MetaTrader 5 platforms and a proprietary mobile trading app. This iOS and Android compatible app can handle every account function from onboarding and funding balances to news access and trade execution. Vantage incorporates the popular MetaTrader 4 and MetaTrader 5, along with the ProTrader platform. MetaTrader affords easy order execution, though its rugged design makes it somewhat difficult to execute probing technical analysis.

Vantage offer MT4 web trader which allows you to run the platform in most popular web browsers without needing to download or install any additional software. This is good for accessing the platform on any device, even if it is not your own. The web trader keeps the same intuitive interface and majority of functions as the desktop platform.

Bank transfers may take a few business days to clear whilst some methods can be instant. Vantage let you trade a range of assets and financial markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals and Energies. They have a generous selection although not quite up there in terms of quantity when compared to IG who have over 17,000 to choose from. However, if you are looking to trade forex, cryptos and major stocks, then they should have plenty of choice.

In my experience, the really important aspect of a chart is how easy it is to scale price action up and down. Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Whether you are a novice, or a professional trader, all clients can now benefit from receiving daily market analysis as it happens.