Vantage Markets Review ️ Safe or Scam Revealed Updated 2024*

Last Updated on 13/04/2024 by Khoa Huynh

Vantage FX offers traders the ability to trade soft commodities such as cocoa, coffee, and sugar. These commodities are often impacted by weather conditions, supply, and demand factors. Vantage Markets offers a smooth financing experience through various deposit and withdrawal options. DupliTrade is an automated trading platform by Vantage Markets that replicates skilled traders’ activities. ✅ Deposit funds into your new trading account by your preferred method (bank transfer, credit/debit card, or e-wallets). Yes, the PRO ECN account is designed specifically for professional traders, with reduced spreads and commission costs.

Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have experience trading with Vantage please share your personal review of the broker and what you think are strong and weak points. Spreads are super tight, execution is fast and reliable, platform is great. Overall, beginners and intermediate traders should find plenty of resources at Vantage, though I would say that the selection is not as comprehensive as other brands like IG.

Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. 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. All forms of payment have no additional costs for deposits; however, customers are still responsible for whatever fees their banks may levy. All withdrawal applications are processed Monday – Friday, 9 am to 7 pm (AEST), within a single business day. Just keep in mind that you can start and maintain a live trading account having a $0 balance and that there are no account holding or maintenance fees. Overall, Vantage Markets has more than 180 different tradable assets.

  1. The add-ons afforded by SmartTrader work with MetaTrader and other copy trading platforms.
  2. You can find this information by heading to their website and scrolling to the footer section.
  3. This tool allows users to put real time account data into excel for comparing, analysing and creating rules.
  4. In addition to copy trading features, Myfxbook Autotrade offers journal features where you can keep track of your trading history.

MetaTrader is freely available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). All of the platforms update simultaneously so that you can open, manage and close positions in real time from multiple devices. The broker also has their own proprietary Vantage mobile trading app. Vantage have developed and maintained partnerships with some leading financial companies in order limefx website to provide you with a comprehensive brokerage service. Although Vantage’s customer support options may appear limited at first glance, they provide the essential channels for clients to effectively reach their support team. The inclusion of a live chat feature demonstrates Vantage’s commitment to providing timely and efficient assistance to its clients, which is a crucial aspect of any reliable broker.

These indicators provide insight into the percentage of long or short traders on a particular asset, helping clients identify potential market reversals or trend continuations. By incorporating sentiment analysis into their trading strategies, Vantage clients can make more informed decisions and manage their risk more effectively. Vantage’s proprietary trading platform, ProTrader, is designed specifically for experienced traders seeking advanced tools and features. With a highly customizable interface, Vantage ProTrader provides access to advanced charting, one-click trading, and detailed market depth. Additionally, ProTrader users can take advantage of customizable watchlists, charts, and a range of order types to implement complex trading strategies effectively.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. In addition to Skrill, Neteller, BPay, Poli, credit cards, debit cards, and UnionPay transfers, Vantage Markets now accepts bank wire transfers, local bank transfers, and credit and debit cards. If you have traded with Vantage we would really like to know about your experience – please submit your own review. This average customer rating is based on 3 Vantage customer reviews submitted by our visitors. Compare the markets and instruments offered by Vantage and its competitors.

Negative Vantage Markets reviews

Vantage Markets is based in Sydney, Australia, and has grown its global footprint with offices in South Africa, the Cayman Islands, and Vanuatu. ✅ Enter your external cryptocurrency wallet address and the amount you want to withdraw. ✅ To finish the deposit procedure, simply follow the on-screen instructions. ✅ Follow the on-screen steps to finish the payment authorization procedure.

Support Service for Customer

Based on my first-hand LimeFx review, the firm is an excellent choice for traders looking for low fees, best-in-class tools and a range of global markets. Based on my tests during normal trading hours, the Standard Account offers an indicative spread of 1.4 pips on the EUR/USD, which is reasonable though not the lowest. With that said, the commission-free trading model will serve new traders looking for straightforward pricing. I feel the Vantage Rewards scheme will be most valuable for active traders, though I strongly urge traders to approach any financial incentives with caution. I also don’t recommend picking a brokerage based on their bonus deals.

Additional Tools

Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. By the Financial Conduct Authority (FCA) under Vantage Global Prime LLP, for institutional clients. Vantage also has an entity that holds regulatory status with the Cayman Islands Monetary Authority (CIMA), and by the Vanuatu Financial Services Commission (VFSC) in Vanuatu. While the broker’s research and educational offerings continue to expand, Vantage has a ways to go if it wants to compete with the best brokers in those categories.

You will need to provide a government-issued ID, such as a passport or driver’s license, as well as proof of address, such as a utility bill or bank statement. Head to the Vantage FX website at to start the sign-up process. The site’s homepage will give you a brief overview of the broker’s products and services, but to access the sign-up page, you will need to locate the “live account” button. Commissions, margin calls, and leverage may vary depending on account type and location. Vantage Markets advises traders to understand their account conditions and follow all trading requirements.

Vantage Markets has a global presence in crucial financial hubs like Australia and South Africa. I got a 50% bonus for depositing 500 eur the second the deposit was visible. And you get nice little news letters with general trading knowledge, which was useful for me as a beginner.

Don’t forget to read our full review on Roboforex before you test it out. Due to the abovementioned regulations and licenses, the broker is a very safe trading partner. Vantage Markets processes withdrawals every business day during regular working hours. Stock market trading is risky, and an obligation to make additional payments cannot be suspended with a genuine ECN broker. If the market opens elsewhere and there is no liquidity to close or open your order, you will be given the next best price.

I can also have multiple charts open simultaneously, which is ideal for active traders. My assessment found that fees at Vantage are competitive, especially in the higher account tiers. The best part is that you only need $50 to access raw spreads in the ECN account, but there are commissions to be aware of. I appreciate that there is no minimum transaction on credit card and international bank transfer withdrawals but there are minimums on most other methods starting from $0.01 for Perfect Money.

The following table summarizes the different investment products available to Vantage clients. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. To do so, upload a photo of proof of identity and proof of residence. The documents are usually confirmed within 24 hours (that’s how it was for me), and then all the functions of the trading account are available to you.

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