For instance, spreads start as low as 0.25 pips for the Vantage Prime Pro account or 0.6 pips for the Vantage Prime account. Available to traders from selected countries, the Perpetual account of Vantage is suitable for crypto traders, as it offers a crypto trading model Worldtradex company reviews similar to the one adopted by crypto exchanges. With a minimum deposit starting at just $50, Vantage offers an accessible entry point for new traders while maintaining cost efficiency and pricing transparency across the board. Vantage offers an expansive range of commodities, including hard and soft assets.

Brokers

This is done via the National Australia Bank, which is the broker’s custodian bank and is AA-rated. This bank is among the four largest financial institutions in the country and is constantly in the top 20 safest banks globally. Futures CFDs are also featured as tradable options at Vantage FX, allowing traders further portfolio diversification.

Furthermore, Vantage continuously invests in cutting-edge technologies, including its proprietary mobile trading software, to deliver lightning-fast trade execution and an optimized user experience. In our extensive top forex broker review, we analyzed the range of markets, trading platforms, trading conditions, education/support, and what makes Vantage FX a good CFD broker. There are multiple account types available at Vantage FX, each of which is designed to appeal to a slightly different client category. Beginners will enjoy Standard STP accounts (Vantage Prima accounts in the UK), which do not charge commissions. RAW ECN and Vantage Prime Pro accounts may be the perfect choice if you’re willing to pay a little extra for tighter spreads.

“Bad Customer Service”

This account gives users access to virtual funds, letting them hone their trading skills without any financial risk. Available on both MetaTrader 4 and MetaTrader 5 platforms, the demo account is an excellent tool for familiarizing oneself with the brokers services and testing out different strategies. Vantage provides access to a robust selection of currency pairs, including major, minor, and exotic pairs. With spreads starting from 0.0 pips and high leverage options, the broker offers an attractive environment for forex traders.

• Vantage also offers negative balance protection, giving clients peace of mind that they cannot lose more than their account balance, even during periods of heightened market volatility.
• Review updates ensure that all the information we provide is current and correct.
• Novice traders can learn to trade forex using the educational tools on Vantage FX.
• –      Non-trading fees aren’t directly related to trading, but you should consider them as they make up the cost of using a certain broker.

Vantage FX provides social copy trading through ZuluTrade, MyFXBook Autotrade and DupliTrade. These platforms let your trading account mirror the performance of top forex traders. Online traders are ranked and users can analyse past performance before choosing a provider to copy. The broker’s selection of social and copy trading services is extensive vs other providers. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Featured Ideas is one of the Pro Trader Tools that our Vantage FX broker review team was particularly impressed with.

The broker charges a commission of $3.0 per lot per side ($6 round trip) on the Raw ECN account and $1.50 per lot side ($3 round trip) on the Pro ECN account. Vantage FX does not charge any commissions on the Standard STP account. The table below highlights the spreads differences between Vantage and Pepperstone, helping you decide which broker offers the best conditions for your trading needs. There are no deposit fees on most funding methods, and withdrawals are typically processed without broker-imposed charges. However, third-party fees may apply depending on the payment provider and currency used.

Vantage – Pros & Cons

The minimum deposit is $50 for the majority of live trading accounts available to retail clients. Vantage FX incorporates the latest innovative technologies to make trading faster and easier for their clients. 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.

Commodities

Due to AML / CTF laws, Vantage FX cannot deposit funds to third parties. As a result, all money withdrawn from your account must go to a bank account in the same name as your Vantage FX trading account. A $3.0 commission for a 1 Lot trade on the Pro account is very competitive. An equivalent trade on a zero spread account with Fusion Markets will incur a $4.50 commission per round turn, which is, at present, among the most competitive offers within the industry. While the account creation is swift (can be completed within 5 minutes), it may take up to 24 hours to get your trading account verified.

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. All content on ForexBrokers.com is handwritten 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.

The broker provides traders with MT4 and MT5 demo account, which traders can use to practice their trading strategies on over 1,000 financial instruments without risking real money. It is preloaded with virtual for practice purposes, with each demo account allowing trading with a virtual balance of up to $100,000. With mobile access to advanced charting tools and real-time market data, Vantage’s mobile trading platforms make it easy to stay connected and active in the market, no matter where you are. Vantage ensures that traders can trade on the go with its mobile trading apps, compatible with both iOS and Android devices. The Vantage App allows users to manage their accounts, monitor markets, and execute trades anytime and anywhere.

• This makes the platform especially flexible for those who trade irregularly or seasonally.
• Opening and funding an account can be done in GBP, meaning you won’t be charged currency conversion fees.
• Online traders are ranked and users can analyse past performance before choosing a provider to copy.

We encourage you to maintain a balance of $1,000, so you can access this suite for free. Featured Ideas gives you access to fundamental and technical trade ideas that are based on back-tested strategies. The feature includes custom filters, an educational component, and real-time trades. Vantage FX does not accept third-party payments, so all funds deposited into your trading account must be under the same name as your Vantage FX trading account. Payment from joint bank accounts or credit cards is accepted if the trading account holder is one of the beneficiaries.

Client funds are held separately from the company’s operational capital in accounts with reputable financial institutions, ensuring that they remain protected even in the event of company insolvency. To register for an account, click the red ‘Live Account’ button on the broker’s website. You will be asked to complete some forms and provide ID documents for verification.

Trading Regulators

This is easy to do, as opening a demo account takes a matter of minutes. The https://worldtradex.biz/ 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.