Vantage Review: Are They a Good Forex Broker?

Vantage Review Introduction

Vantage, founded in 2009, is an Australian-based, ASIC-regulated forex and CFD broker that offers trading in over 80 currency pairs on the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Vantage is among the best brokers that own a web-based platform, MarketTrader, for trading forex and CFDs. It's among the leading platforms across multiple markets and a preferred choice that many individuals trust.

It's one of the most popular brokers in the forex trading markets, focusing on providing low spreads and high-quality customer support. At Vantage, you'll find an extensive selection of currency pairs to trade, including major, minor and exotic currencies. You can also trade CFDs on commodities like gold and oil and indices from around the world.

One of the best things about this broker is that it offers the Smart Trader add-on to MetaTrader. It makes trading forex and CFDs easier than ever, with features like intelligent order execution, real-time news and research, and helpful trading tools. Vantage is a multi-award winner known for its excellent customer support, with 24/5 phone and email support.

As it's among the regulated brokers by ASIC, it's a safe and reliable choice for forex trading that you can trust. When it comes to research and education, you'll find many resources available, including analysis, webinars, and blogs. Whether you're just getting started in forex or are an experienced trader, Vantage is great for your trading needs.

Is Vantage safe?

Yes, Vantage is a safe choice for forex traders, and it's among the best brokers available in the markets. As it's regulated by ASIC, one of the most respected financial regulators in the world, you can feel confident knowing that your funds are protected and that Vantage abides by strict standards for trust, security, and transparency.

The broker also offers a wide range of platforms to choose from, so you can find the one that's best suited to your needs and experience level. It is an excellent choice for forex traders looking for safe and reliable trading.

Vantage is not a scam and is a reliable choice for beginner and expert traders. In addition, Vantage is not a publicly-traded company and therefore doesn't have to report to shareholders. It means that it can focus on providing the best possible experience for its customers without worrying about making short-term profit goals at the expense of long-term success.

If you're looking for a forex broker you can trust, Vantage is worth considering. There are more than 400+ instruments that are regulated and are safe to trade. Moreover, the Vantage International Group LTD is authorized by CIMA (Cayman Islands), and the registration number is 1383491. Trading your favorite instruments, Vantage will not disappoint you with its offerings.

Vantage fees structure and model

The best part about Vantage is that it offers low spreads on currency pairs. With its transparent pricing and low spreads, you'll be able to keep more of your profit. Vantage also offers competitive commissions on CFDs, making it the best choice for traders looking for a low-cost broker.

The fee structure varies, and there are a total of three options, which are Standard STP, RAW ECN, and PRO ECN. Have a quick look at the pricing structure below:

Vantage spreads details

The Standard one is the best choice for beginners or intermediate traders looking for low spreads and fast trade execution. With this type, you'll enjoy spreads from 1.0 pips on major currency pairs like EUR/USD and GBP/USD. You can also trade with leverage up to 500:1, and there's no commission on trades.

The RAW ECN is perfect for advanced traders looking for the best possible trade execution and low spreads. With this, you'll enjoy spreads from 0.0 pips on major currency pairs like EUR/USD and GBP/USD. You can also trade with leverage up to 500:1, and there's a commission on trades.

The PRO ECN is ideal for advanced traders looking for the tightest spreads, best execution, and advanced tools. With this, you'll enjoy spreads from 0.0 pips on major currency pairs like EUR/USD and GBP/USD.

Swap fees

To keep your trades open overnight, you'll also be charged a fee known as a swap rate. This fee varies by currency pair, with major currencies like the Euro and US Dollar having a lower fee than more exotic currencies.

However, you need to keep in mind that these fees can change at any time, and there's no guarantee that they will remain low. Therefore, you should be careful about carrying open positions overnight, especially if the market moves in your favor.

Vantage withdrawal and deposit

Vantage offers a variety of deposit and withdrawal methods, including credit/debit cards, bank transfers, and e-wallets like Neteller and Skrill. Deposits are processed instantly, while withdrawals take 1-3 business days to process. In addition, there are no fees for deposits or withdrawals, which is excellent. Overall, the deposit and withdrawal process is quick and easy, and you'll have no trouble getting your money into and out.

The minimum deposit is $200, which is average for the forex industry. There is no information available for the maximum amount you can deposit and withdraw, so it's best to contact customer support for more details.

When you withdraw, you might need to pay a third-party fee depending on your chosen method. For example, if you withdraw via bank transfer, you might need to pay a small fee to your bank. Moreover, additional policies may apply.

Overall, Vantage makes it easy to deposit and withdraw your money. Whether you're looking for a quick and easy way to move funds into your account or just want to get paid quickly out of the platform, it's among the best brokers. You can refer to their deposit and withdrawal page to know more.

Deposit and withdrawal methods available

• E-Systems, Neteller and Skrill
• Wire transfers
• Supports all major credit cards

Tradable markets and products on Vantage broker

At Vantage, you'll find a wide range of markets and products which you can trust. This includes everything from major currency pairs to commodities like oil and gold from around the world, bonds, cryptocurrencies, and more. If you're looking for an extensive selection of instruments to trade, Vantage is a choice you can trust.

They also offer a number of different indices, including the ASX 200, NASDAQ 100, UK 100, and more. You can also trade stocks from a number of different companies, including Apple, Facebook, Google, and more. When it comes to CFDs, you can trade with leverage of up to 500:1. This is higher than many other brokers, so it's great for those who want to trade with a bit more risk. You can easily trade CFDs in the US, UK, and Australian markets.

And, if you're a budding or an experienced forex trader, you'll appreciate the Smart Trader add-on for MetaTrader. It is the best tool for MetaTrader that makes it easier than ever to trade forex and CFDs, with features like charting tools, real-time news feeds, an economic calendar, and more. You can also download apps for iOS or Android so you can trade the markets on the go.

You can easily trade all these markets and products on the Vantage platform, which is available for both desktop and mobile devices. You can use both MetaTrader 4 and MetaTrader5 platforms, so many options are available.

Moreover, if you are new to trading, you can take advantage of their demo account. In this, you can trade with virtual money and get a feel for how the platform works in real markets before you start with real money. This is a great way to learn about trading and to test out your strategies without risking any of your own money.

Vantage leverage options

Vantage tops the broker’s list as they offer many different leverage options to meet the needs of both new and experienced traders. You can choose from up to 500:1 in most markets, though there are some exceptions. This makes it easy to trade with smaller amounts while still enjoying the potential for big profits. Plus, you don't need a high balance to start with leverage.

However, while using the leverage feature, you need to be aware that with high risk also comes high rewards. Therefore, it's very important to do your research and understand the market conditions before you start with leverage so you can ensure that you make smart, calculated trades. Leverage can be an excellent tool for those who know how to use it correctly, but it can also be hazardous if you don't. It applies to all brokers that offer leverage to their users.

Trading platform and tools

Vantage offers you various platforms and tools to choose from, depending on your needs.

The MetaTrader 4 platform is the most popular choice among traders and brokers that they trust. It's user-friendly yet packed with features and tools that both new and experienced traders will find helpful. Plus, it's available on desktop, web, and mobile devices so that you can trade from anywhere in the world.

If you're looking for a more advanced trading platform, you might want to try the Smart Trader add-on for MetaTrader 4. This add-on provides intelligent order execution, real-time news and research, and helpful tools like an economic calendar and market analysis that other brokers also offer.

In addition to MetaTrader 4, you can also trade using MetaTrader 5, the latest version of the MetaTrader platform. MetaTrader 5 offers all of the same features and tools as MetaTrader 4, plus a few extras like an improved strategy tester and more timeframe options.

If you're looking for a simple, user-friendly platform, the Webtrader feature might be a good option for you. This platform is designed for those who want to trade without downloading or installing any software. Instead, just log in and start trading from your web browser.

WebTrader

It's among some elite brokers that offer platforms and tools to meet the needs of both novice and experienced traders. The most popular choice of markets is the MetaTrader 4 platform, which is user-friendly yet packed with powerful features that can help traders of all skill levels. It's also available on desktop, web, and mobile devices so that you can trade from anywhere in the world.

Trading through apps

If you're looking for a sophisticated app that offers all the features and tools of the desktop platform, Vantage's mobile app is a great option. With this app, you can easily access your information and make trades right from your smartphone or tablet. It also provides real-time market data, so you always know where the markets are heading. The apps are available for both Android and iOS.

V Social trading app

You'll love Vantage's Social app if you're into copy trading. This app lets you connect with other traders and copy their trades, so you don't have to do all the research yourself. Plus, it's a great way to learn from more experienced traders and get an inside look at how they trade. The app is available for both Android and iOS. In addition, this app comes with excellent synchronization with MetaTrader 4 and MetaTrader 5 platforms.

Vantage different accounts

This platform offers multiple profiles to meet the needs of all types of traders. The types include:

Standard STP

This is perfect for novice traders who are just starting out, as it offers simple and direct market access with no commissions. Here are the details of the standard STP:

RAW ECN

This is designed for experienced traders who require deep liquidity and razor-sharp spreads. Here are the details of the RAW ECN:

Pro ECN

This is tailored for professional traders and money managers who trade high volumes. Here are the details of the Pro ECN:

How to open an account on Vantage

Follow these easy steps to get started with Vantage:

1. Go to the website and click "Open alive account."
2. Choose your account type, including STP, RAW ECN, or Pro ECN
3. Enter your name, email address, country of residence, and phone number.
4. Click "Open my account" and fill out the application form.
5. Choose your payment method for depositing funds, including credit/debit cards, bank transfers, and e-wallet services like Neteller or Skrill.
6. Follow the instructions to start trading on the platform!

Overall, Vantage makes creating your profile easy and convenient and starts trading forex. Whether you're a beginner or an experienced trader, this broker has an account type that's perfect for you.

Vantage Partner Programs

• Highly Competitive Commission and Pay-out Structure
• Transparent Payment and Performance Reporting
• Multilingual High Conversion Marketing Materials
• Award Winning Multi-Asset Broker Easy-to-Start Programs with Ongoing Support
• PAMM/MAM Solutions for Fund Managers Loyalty and Promotional Program Strictly Regulated

Vantage customer support options

This platform offers multiple ways to contact a customer support representative if you have questions or need assistance. You can get the company by phone, email, live chat, or social media platforms like Facebook and Twitter.

It understands that customer support is an essential part of offering quality services to traders around the world. Therefore, they offer support 24/7, and they typically respond within 24 hours, depending on when you contact them.

Vantage research tools

This platform offers a wide range of research tools and resources to help you make informed, successful trades. The tools include:

• MT4/MT5 SmartTrader: This innovative platform makes trading forex easier and more intuitive than ever. You can choose your indicators, set up alerts, and use several advanced tools that can help you stay ahead of the market.
• Margin calculator: This tool can help you run different scenarios and see how your margin requirements might change. It is a great way to keep track of your risk exposure and ensure that you always have enough capital to cover potential losses.
• Profit calculator: This simple tool can help you determine your potential earnings when you make a trade. It allows you to enter specific leverage and market details, so it's very accurate and easy to use.
• SWAP and interest calculator: This calculator can help you estimate the amount of interest you'll earn or pay on a trade based on the current market conditions. This is important information to have to make sure that your trades are profitable in the long run.
• Forex VPS: This service can help you improve your performance by providing a secure, stable connection to the market. This is especially important if you want to trade using automated strategies or EAs. In addition, Forex VPS is useful when you want to trade 24 hours a day but don't want to leave your computer running all the time.
• TradingView: With this feature, you can access a wide range of features like chart types, custom watchlists, and indicators all in one convenient platform. It can help you stay on top of the market and make better decisions in real time.
• Trading signals: With this service, you can receive real-time signals from professional traders. It can help you stay informed about market conditions and make better trades.
• ProTrader tools: In this set of tools, you get a wide range of advanced options like market news, topic raking features, custom filters to make your research more accessible, and much more.

Educational resources for users

They offer a rich collection of guides and webinars that can help both novice and experienced traders alike improve their skills. Their educational resources cover various topics, including how to trade forex, technical analysis, fundamental analysis, risk management, trading psychology, and many more.

• Articles: In-depth guides and research reports are also available to help you learn more about the forex market, stay up-to-date with current events, and make better trading decisions.
• Videos: They offer various videos, including both educational and trading-related content. These videos and webinars are an excellent tool for learning about the markets and improving your skills.
• Vantage - How to log in to MT4 and MT5
• Why Trade One-Touch Binary Options? - Abe Cofnas Webinar - Vantage
• Vantage | MT4 Tutorial - Moving Averages

MT4 and MT5 guides — Their education resources include a collection of in-depth guides on the popular MetaTrader4 and MetaTrader5 platforms. These guides can help you navigate these powerful trading tools with ease and get the most out of your trading experience.

Awards

Vantage has won numerous market awards over the years, including ADVFN international

Financial Awards 2022, International Business Magazine Awards 2022 and Fintech Awards 2021. This broker has also been recognized by a number of other notable organizations, such as Investopedia and FX Empire.

Vantage broker review in a nutshell

Vantage is a leading forex broker that offers competitive pricing, powerful trading platforms, and excellent customer support. Whether you're a beginner or an experienced trader, it has the tools and resources you need to be successful in the world of forex.

Compared to other brokers, the minimum deposit is higher, but the trading conditions are much more favourable. With competitive pricing, fast execution times, and a range of powerful trading platforms, it is the perfect choice for forex traders around the world. Moreover, the customer support is excellent and always available to help you with any problems you might have.