Vantage Review 2024: Pros & Cons

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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. It is free to all traders who open a Vantage live account and deposit a minimum of at least $1,000. There are tutorial guides and videos explaining how to use each of the tools. MT5 can support an unlimited number of charts in the users watch list.

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Open your free account with Vantage Markets

As expected, wire transfers are processed within 1 – 2 business days for domestic transfers and 2 – 5 business days for international transfers. Founded in 2009, the broker’s long history is a great sign of a well-established business with strong credentials. The firm’s notable reputation is also reinforced by its collection of prestigious awards. Additionally, I didn’t find a history of scams or malpractice at Vantage during my research.

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Precious Metals Trading

The correlation trader lets you quickly and easily compare the correlation between different markets and timescales. You can compare key figures such as net profits for each symbol and also place, manage and close orders directly from the charts. I think it is worth gaining access to these tools as they can help to give your strategy that extra edge. However, I also feel like they should make them freely available to all account holders, regardless of your investment size. If trading tools are important to you, Markets.com have a great selection.

Does Vantage Offer A Good Mobile App?

What you can do, though, is easily view live chart data alongside corresponding analysis and events all on the same page, which I thought was highly intuitive. I also like that clicking on each chart opens it up in full-screen landscape mode, so you can pinch and zoom for a greater level of detail. I was also able to execute time limits on my orders, including good ‘til canceled (GTC), good ‘til end of day (GTD) and good ‘til time (GTT). I think Vantage could improve its market coverage by introducing Asian share CFDs from exchanges like the Shanghai or Tokyo Stock Exchanges. My only minor complaint is that the selection of shares is lighter than some brokers like CMC Markets. It’s also good to see that bank transfers, cards and some e-wallets are fee-free.

The sentiment ratio of long to short positions are represented as a percentage and displayed as a sliding scale where orange represents clients’ shorts and teal represents their longs. The MetaQuotes WebTrader platform for MT4 and MT5 offers clients a robust method to trade directly from their browser, and it’s compatible across Windows, MacOS, and Linux operating systems. Not to mention MT5’s inbuilt system of alert, designed to help traders keep track of important market events without having to consult an external economic calendar.

This account is easy to use and provides you with access to more than 150 instruments in total. The first and best place for many traders to begin is a demo account. Here you have no risk at all attached since the funds you are trading are virtual, but you can replicate a real trading environment. It is perfect for getting to know a platform or learning for new traders, and there is no obligation to make a real deposit at all. When it comes to the available markets at Vantage FX the first point to note will be that they are a CFDs broker.

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All funds deposited into your trading account must be under the same name as your Vantage trading account. I think it is a great addition that every broker should offer to clients. You can customise it according to your own strategy and automatically scan thousands of instruments for possible signals. There is no need to sit around watching charts all day when you have a tool that will do all of the leg work for you. Libertex also have Trading Central if you want to consider an alternative option. The Vantage economic calendar is provided by MetaQuotes and lets you track the latest market events.

Experienced traders will also appreciate the free forex VPS, as well as various advanced plugins for the MetaTrader and ProTrader platforms. During my testing, I was pleased to see a strong range of 12 chart types and 8 time frames, plus 100+ technical indicators and over 50 drawing tools. After opening a few positions in both MetaTrader platforms, I’ve found that one of the main differences between the two is how many order types you can execute. Both MT4 and MT5 facilitate the four key types of order (market order, pending order, stop loss, and take profit).

  1. I found this account type suitable for all kinds of trading strategies.
  2. It’s just a shame the Pro account has a steep $10,000 starting investment.
  3. Opening an account takes less than 5 minutes and the starting deposit is low at $50.
  4. Another unique feature of Vantage is the PRO Trader Tools available to clients who fund accounts in excess of US$1,000.
  5. It also grants users access to a premium economic calendar plus use of superior platform tools like MetaTrader 4 and 5.

There is also an entire basket of supporting tools that comes in with ProTrader. Against a minimum deposit of $200, Vantage clients can gain access to ProTrader’s Market Buzz, advanced charting capabilities, featured ideas, and other tools. Designed for institutional traders, Vantage index CFDs can be enjoyed by all clients with no commissions, transparent prices, and ultra-sharp spreads. Vantage allows https://limefx.name/ you to trade stock market Indices on both MT4 and MT5, the world’s most popular FX trading platforms. At Vantage, all Indices trading styles are welcome, including scalping, hedging, swing trading and the use of any Expert Advisor (EA) that suits your trading style. Whilst this won’t deter many high-volume traders, it is noticeably higher than most of the pro forex trading accounts we have assessed.

People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Again, indices are traded as CFDs and a total of 10 are available from all around the world. These include EU, US, and Australian indices as well as limefx review Asian indices from China, Japan, and Hong Kong. These withdrawals usually take between 3-5 business days to complete. Typically, most of the deposit methods are instant with the exception of a wire transfer, though they may take up to 5 business days to complete in some cases.

In addition to superb trading conditions, you get access to Trading Central which I believe is a great tool for market analysis and generating customised trading signals. You will find there are plenty of tools to help you with your trading, including automated signals. There is also a good amount of educational content available to help beginners learn more about the markets. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.

This is favored by many traders, along with the very fast, efficient execution that ECN trading can provide. The Vantage minimum deposit will really depend on the account type you choose here. The minimum deposit that you can open an STP account with $200, or you can open an ECN account for a $500 minimum deposit. If you are a more experienced trader, then the Pro ECN account is available with a $20,000 minimum deposit. Trading is available here through both MT4 and MT5 trading platforms and the trading costs are kept low with no commissions on trading, and a spread that starts from 1.4 pips. This can be done through a web-based live chat service, email, or direct phone contact on several local numbers to you.

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