Vantage FX Review 2023: Pros, Cons, Fees & Features

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. Of particular interest to us is the Cent Account since not many traders have this type of account (even if this is only available for traders in South Africa). There is a truly impressive assortment of over 270 past webinars available from the broker’s YouTube channel. There is already enough content to provide newbie traders with a firm understanding of the ABCs of trading. Vantage’s market breakdowns are available from the website with free access to registered and unregistered clients.

Vantage FX Fees:

You will be able to see all the menu options on the left-hand side of the screen and your MetaTrader5 details in the center of your screen. To access the MetaTrader5 interface, simply select the orange “launch” function at the end of your MetaTrader5 section. Finally, the broker has bagged several industry awards from CV Magazine, Fintech Awards, The Forex Awards, IB Times Trading Awards, and more.

Available Trading Instruments:

Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective https://traderoom.info/an-overview-vantage-fx/ experience covering the forex industry. 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.

Islamic Account (Swap-Free)

Vantage FX supports the MetaTrader platform, including both MetaTrader 4 and MetaTrader 5. These platforms are popular among traders due to their ease of use and ability to automate trading through the use of expert advisors (EAs), forex trading signals and custom indicators. The broker offers services through its advanced proprietary trading platform – Vantage App, MetaTrader platforms & Copy Trading platform.

My Key Takeaways After Exploring Vantage’s Tradable Instruments

You can open trades with pip-perfect precision with multiple order types and view important data including the pip and trade value in dollar values. Furthemore, you can set the GMT of your trading charts to your local time, or to the opening hours of your favourite instrument. The MT5 web trader provides the same functionality as MT5 desktop without you needing to download or install any additional software. The MT5 web trader runs directly in most popular web browsers so you can access your account from any location at any time, provided there is an internet connection. This can come into use if you do not have your computer available and need to check your account.

Vantage FX Forex Rebate Program

1. Affiliate partners earn commissions on referrals and also receive exclusive access for highly personalized and targeted marketing products.
2. All withdrawal requests are processed via the payment method that was used to make a deposit.
3. Founded in 2009, Vantage is the brainchild of a highly specialised team with backgrounds in finance, forex trading and fintech.

It offers literally hundreds of technical indicators and dozens of technical drawing tools to plot entry and exit points. If you’re a total novice to CFD trading, you’ll be pleased to find Vantage FX offers a demo account option. In fact, Vantage offers an unlimited demo account for MetaTrader 4 and MetaTrader 5users. This means you can practise any trading strategy to your heart’s content on a demo account until you’re ready to trade with real money. It’s also beneficial to use a demo account to familiarise yourself with state-of-the-art trading platforms like MT4 and MT5 if you’re new to this kind of thing.

When creating its services, Vantage FX asked itself what traders want from a forex broker. Based on that question, it chose what to include and what values or features to strive toward. Beyond the in-platform functionality and education, the broker also provides dispute resolution services to its clients. Users are allowed to submit trade inquiries via the website in case of any dispute.

Beyond the tight spreads and commission, VantageFX is a relatively generic broker offering MT4 and MT5 with a good range of CFD trading products. Vantage offers demo accounts that introduce traders to the broker’s services and allow them to tweak their strategies in a risk-free environment. The market https://traderoom.info/ is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself alongside your live CFD account. Vantafe gives access to a wide range of supporting tools, such as its market sentiment indicator powered by TradingView.

Vantage MT4 users can gain access to thousands of EA’s from within the MT4 markets tab. There are reviews and statistics of these EA’s although it should be noted that past performance is by no means any guarantee at all of future results. Vantage have teamed up with MetaQuotes to provide you with free access to a large number of MT4 signals. The MT4 trading signals will send you an alert when there is a potential trade opportunity on a specific trading instrument. These signals can be copied directly onto your trading account although you should be aware of the risks when copying other traders’ signals. This package from Vantage contains tools to improve your MT4 platform and take your trading to the next level.

During our investigation for Vantage Review, we scrolled down Google Reviews and Trustpilot to get a clear idea of the broker’s reputation among its existing users. While Vantage FX Google reviews indicate it to be a good brokerage, the users on Trustpilot have rated it 3.2/5 stars, with many of them raising concerns over Vantage FX withdrawal problems. Some users have even reported that the platform had halted their withdrawal all of a sudden without any reason. At the same time, the broker has listed ETFs & Bonds trading on the website, but many users have complained about the unavailability of both these markets.