The platform includes major assets such as Bitcoin (BTC) and Ethereum (ETH), offering traders exposure to the growing digital economy without the complexities of wallets or exchanges. Offering Forex Trading, Indices Trading and Commodities Trading, Vantage FX uses a custom developed OneZero™ MT4 bridge, which is able to feed a vast amount of FX liquidity into MT4. This unique, cutting edge solution facilitates superfast execution with interbank grade spreads and allows our clients to experience a true institutional level of trading. If you ignore the few negatives which are way lower than even some of the highly reputed forex brokers, Vantage FX is one of the best Australian CFD brokers for retail clients. Vantage FX provides all its clients the choice of the MT4 and MT5 platforms across all devices. The best in class platforms support all order types, right from the instant, market orders to the pending, trailing orders.
Whether youre a scalper, swing trader, or long-term investor, the platform supports fast execution and tight pricing, making it suitable for traders at all experience levels. Clients signing-up with Vantage FX have the choice of three account types, including two ECN and one STP, with the forex broker’s lowest spread starting from zero pips. Besides, the commission at $3 per standard lot per side is among the lowest in the industry. Beginning with the positives, the top CFD broker is one of the safest in the industry, authorized and regulated by multiple tier-I watchdogs. Clients registering with the forex broker have the choice of 180+ products comprising spot and derivatives, all accessible on the MT4 & MT5 platforms.
Expert analysis from Vantage FX is yet another important feature in the Pro Trader Tools suite. It provides you with technical analysis, based on expertise and quantitative technology. The clear key levels and trend lines also make it easy to act on the live trading advice. If you trade at Vantage FX via MT4, MT5, or WebTrader, you’ll have easy access to trading signals and Expert Advisors. MetaTrader 4 is available for desktop, mobile, and web, across nearly all device types – 13 platforms and devices in total.
Islamic accounts
Market news feeds are incorporated into the primary trading platforms, letting you review Vantage FX instruments and news in one place. This type of news feed is found on the MetaTrader platforms as well as the Vantage FX application. Both of these are compatible with your account type and excellent options for beginners or anyone who is short on time. The inclusion of social trading allows you to choose a professional trader that you trust and eliminate the need to complete as much research and analysis yourself. It provides you with access to all the features of those platforms, and your Vantage FX account, without requiring a download.
For UK clients, both the Vantage Prime and the Vantage Prime Pro accounts can be opened with £2,000. Vantage FX has also won an impressive range of industry awards, which shows that you are trading with an accomplished and reputable firm. Awards include Financial Trading Services Provider of the Year from CV Magazine 2019 and, in 2018, the broker was the Fintech Awards winner for Financial Trading Services Provider of the Year. It also earned the same honor from both the Global 100 and the Fintech Awards in 2017.
Commissions and fees
We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum Worldtradex scam deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Our review of Vantage FX found that the forex broker gives you the choice of numerous trading platforms, including MetaTrader 4, MetaTrader 5, WebTrader, and a proprietary platform. You can also utilize the social trading platforms ZuluTrade and Myfxbook, which are perfect for beginners. The inclusion of MetaTrader platforms helps the broker appeal to a wider audience, as it’s software that most traders are familiar with. Vantage FX clients may also trade debt securities through the Bonds CFD section at the broker.
Vantage offers a growing selection of educational resources for traders, bringing it closer towards the industry standard and aligned with brokers that make education a priority, such as IG or AvaTrade. Vantage offers its own proprietary trading app, alongside the standard MetaTrader and TradingView https://worldtradex.live/ suite of mobile apps. Vantage has built a decent foundation for a new mobile trading application with its Vantage App. 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. When it comes to the client helpdesk, Vantage FX provides 24/5 assistance via live chat, phone, and email.
Vantage Promotions
We found that the multiple channels give comprehensive and convenient coverage so that you’re never stuck without help. You can contact support via live chat, phone, or email, and the broker does its best to get back to you within 24 hours. There are also specific support numbers for various regions, which is greatly appreciated.
Trade Execution
Likewise, professional clients registering with Vantage Global Prime LLP, regulated by the FCA, are also allowed identical margins. On the contrary, retail clients coming under the Financial Conduct Authority are only eligible for margins as low as 3.33% in the major FX pairs. In volatile products like cryptocurrencies, the margins can rise as high as 50%. Vantage FX offers more than 180 CFD products across all the major asset classes. In our review of the best Australian CFD broker, let’s take a quick look at the product offering under each of the asset classes individually.
Please consider contacting a professional advisor if you require any financial assistance. 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.
The application includes technical indicators, including Bollinger bands, moving averages, and MACD. Given that Vantage FX has been in business since 2009, the broker has withstood a range of economic conditions, indicating that it is long-lasting and financially responsible. The broker is based on the Cayman Islands, which is a common location for forex brokers, providing additional peace of mind.
There are versions available for both Android and iOS, and it provides access to full trading functionality. Vantage FX offers three trading platforms, depending on where you’re located. A trading platform is simply a software interface that allows you to place trades. Trading platforms often come with charting, research, and order processing tools, too. Vantage FX offers negative balance protection, a crucial feature for limiting losses.
- This type of news feed is found on the MetaTrader platforms as well as the Vantage FX application.
- This is easy to do, as opening a demo account takes a matter of minutes.
- To request profits, login to the Vantage FX client portal and navigate to the withdraw tab.
- Here are some of the support options to get in touch with the ASIC regulated forex broker.
- Vantage FX offers three trading platforms, depending on where you’re located.
In our review of Australia’s best CFD broker, we analyzed all the primary features of the MetaTrader 4 demo platforms along with the additional tools offered by Vantage FX. Stocks- Vantage FX offers clients the advantage of CFD trading on stocks listed on the US and Hong Kong exchanges. The stock selection broadly comprises of the largest blue-chip companies on the two exchanges with margins as low as 5% and commissions at $6 per trade. You can go long or short, and hold on to your positions as long as you like without the hassles of closing out your open positions before the expiry date or rolling over to the next contract.
- MetaTrader 5 is a popular option for more experienced Vantage FX clients as it is a next-gen platform.
- In addition to supporting Expert Advisors, MetaTrader 5 supports advanced EA backtesting algorithms to help you choose which ones to use.
- Servers are located worldwide in major financial hubs, including New York and London, giving ECN market liquidity to client platforms for fast execution speeds.
The broker also offers other free features including an economic calendar. For further trading ideas, news of promos or tutorials, Vantage FX has a social media presence across YouTube, LinkedIn, Twitter and Facebook. 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. 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.
As we wind up our review of Vantage FX, one of the best Australian CFD brokers operating since 2009, here is a summary of our study. To open an account with Vantage FX, you’ll need to provide proof of identity and proof of address. This process allows Vantage FX to meet KYC (Know Your Customer) guidelines. KYC guidelines keep you safe and stop the broker from accidentally facilitating illegal practices such as money laundering. While Vantage FX accepts clients from most countries in the world, there are 28 countries and one Canadian province from which it does not accept clients. Some of the most notable restrictions are for those in the United States of America, British Columbia in Canada, Belarus, Afghanistan, Lebanon, and South Sudan.