Forex Trading FCA Regulated Forex Broker

Payment from joint bank accounts or credit cards is accepted if the trading account holder is one of the beneficiaries. One of Vantage FX’s VPS partners is ForexVPS, which allows users to simply log in to their servers through any stable desktop or mobile device. The broker offers access to ForexVPS free of charge for clients that have a minimum balance of $1000. This is unlike most financial firms that would charge a certain sum on trading accounts after a prolonged period of inactivity. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on and is respected by executives as the leading expert covering the online broker industry.

There are regular educational webinars, which are run by a trading education firm called Trade With Precision which focus on topics such as specific technical indicators and trader psychology. If you ever have a problem or an inquiry regarding your Vantage account, there are a number of ways you can contact the customer support team to have things resolved. Vantage is also a member of The Financial Commission which is a body formed exclusively for solving any disputes between brokers and traders in a smooth, seamless manner. The Financial Commission while impartial, is not a government body or regulator.

  1. Choose from precious metals, oil and soft commodities to take advantage of major market cycles.
  2. A few notable brokers such as Pepperstone, IC Markets, FXTM, AXI and Exness use this body to resolve disputes and on average claims take about 5 days to resolve.
  3. Spreads start from 0.0 pips with the commissions-based accounts and 1 pip with the Standard account and we can say that overall the spreads with the RAW and Pro accounts are quite decent.
  4. In the case of VantageFX, they only provide the average for their commissions-based account (specifically their RAW ECN account) so we are able to compare this type of account.
  5. Vantage FX provides a high-speed fiber-optic network spectated by Equinix to guarantee fast execution.

After getting registered, you will need to submit a copy of your ID and documents that proves your residency. Finally, the broker has bagged several industry awards from CV Magazine, Fintech Awards, The Forex Awards, IB Times Trading Awards, and more. Currently, there are no deposit bonuses available with this brokerage. Forex Swap rates are affected by market conditions and the interest rate of the affiliated countries of the chosen Forex currency pair. Read our full explanation and accounting of our research and testing process to learn more about how we test.

Spreads & Commissions

It provides a trusted trading ecosystem that enables clients to achieve their own success, in a faster and simpler manner. We listen, taking time to understand your specific needs and serve you wholeheartedly. We are by your side to provide you with resources and support so you can seize every winning opportunity.

Opening an Account:

Next, there is the more recent MetaTrader5 (MT5), which is a more feature-rich version of MT4 and can be great for traders who need specific technical indicators or chart time frames. All of the deposit options come with zero fees from VantageFX themselves, but some options may have fees from a specific bank or financial company. You can elect for a wire transfer, which will incur $0 fees from Vantage, but may have fees charged by the bank that you’re sending funds from.

At Vantage, we hold ourselves to the highest regulatory and security standards so you can trade through us with absolute peace of mind. Vantage fx is a Non-Dealing-Desk broker that connects you to an inter-banking system. Though they claim their deposit system to be completely free of cost, we observed some exceptions while testing the payment methods.

Mobile Trading Platforms

Vantage FX has been awarded the Global 100 award in the category of best MT4/MT5 broker and low-cost broker in 2020. They offer the most competitive spread in the market through their RAW ECN and Pro ECN Account that starts at 0.0 pips. For a standard STP account, they charge 1.4 pips which is also a moderate charge.

As an UK regulated Forex Broker, Vantage offers transparent access to global Forex markets. Environment with no dealing desk intervention will allow Forex traders to realise profits no matter how big they are. VantageFX uses a no-dealing desk trading model meaning they connect you with liquidity providers limefx company reviews such as investment banks rather than act as your counterparty (which occurs in a market maker model). This type of model means they are using straight-through order processing (STP) or possibly Electronic Communication Networks (ECN) since this is the name of some of their trading account.

VantageFX is a non-dealing desk broker, using liquidity from liquidity providers such as tier-1 investment banks and prime brokers to offer straight-through processing (STP) pricing for their clients. VPS hosting ensures your platform keeps running 24 hours a day so you set up EAs to take advantage of every opportunity that arises in the market. 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. The broker provides traders with MT4 and MT5 demo account, which traders can use to practice their trading strategies on over 180 financial instruments without risking real money. Vantage provides Forex traders access to the most liquid global FX markets.

Trade Share CFDs

Vantage FX is an online financial services provider that is based on the core values of accountability, transparency, reliability, integrity, and trust. Their clients are offered over 300 CFD products, including FX pairs, precious metals, commodities, indices, futures, and share CFDs. The broker aims to provide retail and professional clients with unrivaled trading conditions. Additionally, Vantage FX’s traders can trade with the mobile versions of the MT4 and MT5 trading platforms.

The Vantage platform also has trading tools, such as the sentiment indicators which are graphics showing whether Vantage clients tend to be long or short in a particular market. The amount of leverage that you’re offered depends on a number of things including which product you want to trade, your account type, and which government body regulates your particular account. The deposit options are especially good for traders in Australia, with a number of instant or completely fee-free options. The minimum account deposits depend on what type of account you’ve opened. If you’re a serious trader and you’re going to be doing a lot of volume, or making a large amount of trades throughout the day, you’ll probably want to save on trading spread costs with an ECN account. We took a look at the accounts VantageFX has to offer and like the fact they have a range of accounts for different trading styles.

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