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. CFDs and Spread Bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.9% of retail investor accounts lose money when trading CFDs and Spread Bets with this provider.
Desktop platforms
- Users can practice trading with the broker’s full range of 300+ instruments.
- The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom.
- The prices of all Vantage FX Indices are based on the underlying price of the index’s corresponding stock market.
- Their range of available financial assets compares fairly to other big brokers, such as OANDA and Fusion Markets.
- When purchasing a currency with a higher interest rate than the one being sold, a credit will be applied to the account through a swap.
The commission fees are competitive, and there are no additional fees on top of overnight financing charges. The absence of non-trading costs is largely beneficial for traders. Our UK team takes a methodical approach to reviewing online brokers. Our experts also factor in their hands-on testing experience into broker ratings. Vantage FX is a legitimate, secure and FCA-regulated broker with tight spreads and low commissions. The broker offers automated copy trading services and the industry-leading MT4 and MT5 platforms.
- The broker’s regulation by ASIC indicates a reputable broker that keeps to regulatory and ethical requirements.
- Novice traders can learn to trade forex using the educational tools on Vantage FX.
- All withdrawal requests are processed via the payment method that was used to make a deposit.
- Telephone calls and online chat conversations may be recorded and monitored.
- Opening and funding an account can be done in GBP, meaning you won’t be charged currency conversion fees.
- The crisp design and slick interface makes analyzing markets and placing trades straightforward.
Upon verifying your account, you will have to fund your account using any of the available payment methods before you can start trading. Client funds are kept in a segregated custodial account held with NatWest bank. The broker also protects personal information, as detailed in their privacy policy. Platforms are password-protected and encryptions are used to protect sensitive data and payment information. It provides a trusted trading ecosystem that enables clients to achieve their own success, in a faster and simpler manner.
Spreads & Commissions
To get free Forex VPS services, customers must meet several requirements, described in the table below. A $4.0 commission for a 1 Lot trade on the Pro account is very competitive. This is because 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.
Traders can check the swap rates for the Forex pair they are interested in by navigating to the trading platform of their choice and right-clicking on the respective instrument. Under the ‘Market Specification’ section, they will find the applicable swap rates for the Forex pair, expressed in points. BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you.
Australia Securities & Investment Commission
Clients can withdraw funds online by logging into the secure Vantage FX client portal and selecting the withdraw tab from the menu. All withdrawal requests are processed via the payment method that was used to make a deposit. For instance, Debit/Credit Card withdrawal can only be used for accounts that made deposits using a Debit/Credit Card. 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’s financial institutional partners calculate the daily released rates using risk-management analysis.
Vantage Overnight Funding Costs
Energy commodities are some of the most important commodities in the world because they are used to power the economy. Vantage FX allows you to trade the energy markets via the MT4 and MT5 trading platforms. The CFD broker offers the most popular energy commodities, such as crude oil, natural gas, gasoline, and heating oil, allowing you to take advantage of fluctuations in the prices of those commodities. Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5.
We are an award-winning, multi-asset broker, with over 12 years of market experience, operating in 172 countries. With more than 1,000 employees in over 30 global offices, we are there to support you in your trading experience. Vantage FX does not charge any internal fees for deposits or withdrawals. However, payments to and from overseas banking institutions may attract intermediary transfer fees from either party independent of Vantage FX. The broker charges a commission of $3.0 per lot per side ($6 round trip) on the Raw ECN account and $2.0 per lot side ($4 round trip) on the Pro ECN account.
The broker also removed binary options in 2017 to focus on ECN forex trading. Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares. As a global pacesetter, Vantage FX continued its innovative streak by introducing hundreds of tradable products and trading solutions for retail and institutional traders.
A great solution for crypto investors, clients can open an STP/ECN account with Bitcoin or Ethereum as the base currency. This makes it easy to speculate on traditional financial markets using existing digital assets, without having to convert cryptos into fiat currencies like GBP. To request profits, login to the Vantage FX client portal and navigate to the withdraw tab. All withdrawal requests are processed via the same method used to deposit funds, eg bank transfer. The FCA does not permit UK retail traders to invest in crypto CFDs.
The WebTrader can be accessed through all popular web browsers, such as Chrome, Safari, Firefox, and Edge. The account allows its users to take advantage of the lowest costs while capitalizing on the fastest execution speeds. Vantage FX is an online broker that specialises in forex and offers over 300+ instruments across three STP and ECN accounts. This review covers the broker’s UK regulation, spreads, leverage and the MT4 and MT5 trading platforms. Find out whether you should open an account with Vantage FX today.
You should consider whether you understand how vantage fx CFDs and Spread Bets work and whether you can afford to take the high risk of losing your money. It isn’t suitable for everyone and, in the case of Professional clients, you could lose substantially more than your initial investment. Past performance is no indication of future performance and tax laws are subject to change. The information in this website is general in nature and doesn’t take into account your or your client’s personal objectives, financial circumstances, or needs. Please read our legal documents and ensure you fully understand the risks before you make any trading decisions.
Prior to dabbling into margin trading, each reader should take the time to determine their individual investment goals, risk tolerance, and level of expertise. Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice. 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.
Vantage Non-Trading Costs
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).
This was on the back of increased demand for portfolio diversification and an increase in traders’ sophistication. Thanks to Forex virtual private servers (VPS) traders can avoid potential downtime due to internet access issues or power supply interruptions. Vantage provides traders with a handy video tutorial on how to sign up for Forex VPS directly from their MT4 account.
The options include a Standard STP Account intended for beginner traders, a Raw ECN Account suitable for experienced traders, and a Pro ECN Account tailored for professional traders. Moreover, all of the above options can be converted to a Swap-Free account for Muslim traders who cannot pay or receive swaps due to relVantageious beliefs. Beginner traders can also start with a Demo trading account and practice their trading skills with virtual funds. With Vantage FX, you will enjoy the benefit of super-fast trade execution and interbank grade RAW ECN spreads with no dealing desk intervention. The broker offers institutional trading conditions to retail traders, operating a true ECN/STP model of execution that offers transparency and helps to build trust. As with other ECN brokers, Vantage FX uses top-tier liquidity providers (LPs) to ensure deep liquidity, fast trade execution speeds, and tight interbank RAW ECN spreads that start from just 0 pips.
Vantage FX offers access to the most liquid global FX markets, allowing traders to trade over 40 forex pairs. The broker provides traders with institutional-level trading through its deep FX liquidity pools with inter-bank market access. Vantage FX offers ECN spreads for the Raw ECN and Pro ECN account types, but the Standard STP account has marked-up spreads.