The last account type is much less accessible, but it is specifically designed that way to appeal to those with higher trading volumes. Opening an account with Vantage FX is a quick and easy process that you can complete in a matter of minutes. There are account types that will appeal to all types of traders, from beginners to experts, and the minimum deposit is highly accessible at just $200 (£2,000 for UK clients). However, Vantage trails industry leaders in key areas such as research and education. Vantage FX is a legitimate, secure and FCA-regulated broker with tight spreads and low commissions. The broker offers automated copy trading services and the industry-leading MT4 and MT5 platforms.
Indices
This is easy to do, as opening a demo account takes a matter of minutes. The demo account comes with $50,000 worth of virtual funds and is compatible with MT4. It allows you to practice trading all available instruments, and to test your strategies. Our review of the Vantage FX forex broker found a vast range of payment methods, and the process of depositing and withdrawing is generally fast and easy. You should also note that all international account type holders can choose from six base currencies; AUD, USD, EUR, GBP, CAD, and SGD.
Review updates ensure that all the information we provide is current and correct. The broker’s website is also well optimized for mobile devices, and you can enjoy full functionality from the smaller screen. This means you can make deposits, check your account details, and even register with the broker whilst on the go.
Vantage FX is an award-winning broker headquartered in Australia under the Vantage International Group. They offer forex and CFD trading to retail and institutional https://worldtradex.club/ clients. Among other global locations, the broker has an office in London which is regulated by the Financial Conduct Authority (FCA). They handle withdrawals and deposits quickly and are transparent and fair with spreads and other trading services.
Is Vantage FX A Market Maker?
BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. With a Vantage FX MT4 or MT5 trading account, traders can seamlessly open short-term or long-term position trades in physical gold and silver. Also, they can trade in both long and short directions and can hedge their physical positions whenever they see the market turning. Yes, Vantage FX is regulated by CIMA, FCA, and ASIC, which are regulatory bodies from the Cayman Islands, the UK, and Australia, respectively. As part of this regulation, the broker stores client funds in segregated accounts and prides itself on offering a high level of transparency.
Note that traders have to have a minimum account balance of 2000 USD in order to access Duplitrade. All the trading platforms supported by Vantage FX are available as mobile and tablet downloads – allowing traders to keep track of their open positions while on the move. Deposits for all payment methods are free, although clients will have to absorb the fees charged by their various banking institutions. All withdrawal requests are processed Monday to Friday, 9 am – 7 pm (AEST), within one business day.
Opening an account with Vantage FX
Clients can withdraw funds online by simply logging into the secure Vantage FX client portal and selecting the withdraw tab from the menu. The broker’s regulation by ASIC indicates a reputable broker that keeps to regulatory and ethical requirements. As a Tier 1 regulatory authority, ASIC also mandates that all client funds are kept fully segregated from the broker’s corporate accounts in client trust accounts at top-rated banks.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. These products may not be suitable for everyone and you should ensure that you understand the risks involved. For Adam, trading is not only a job but also a passion for more than 5 years. He has many years of experience in the financial sector and honestly admits that he is in love with his job. Investing.co.uk has been helping British traders find the right broker for over 20 years.
- Vantage has built a decent foundation for a new mobile trading application with its Vantage App.
- Vantage FX offers swap-free trading on both the Standard STP and Raw ECN accounts.
- Trading costs on the Raw and Pro accounts are lower than those on the Standard Account and lower than those of other brokers.
- It is, therefore, unsuitable for those who lack proficiency and sufficient experience.
- Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
- MetaTrader 4 for Vantage FX supports Expert Advisors, which can help with automated trading and receiving suggestions from experts.
They partner with Equinix, enabling them to provide a diverse network of servers linked by fiber optics. Every fiber optic line that connects their services is carefully selected and tested to ensure minimal latency (with up to 100 gb/s bandwidth). Servers are located worldwide in major financial hubs, including New York and London, giving ECN market liquidity to client platforms for fast execution speeds. Vantage FX offers over 300 CFD products, including FX pairs, precious metals ( gold, silver, etc ), commodities, indices, futures, and share CFDs. Their range of available financial assets compares fairly to other big brokers, such as OANDA and Fusion Markets.
Trade Execution
All content on ForexBrokers.com is handwritten https://worldtradex.pro/ by a writer, fact-checked by a member of our research team, and edited and published by an editor. 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.