It features a modernized interface with an impressive suite of technical tools. MT4 and MT5 are hugely popular trading terminals that offer powerful charting tools and customizable layouts. Since both platforms are strikingly similar, I found it useful to compare them side by side in the categories below. However, this is standard practice and Islamic accounts avoid this charge, though an admin fee is levied instead.
These visually display the overall sentiment ratio of long and short positions at Vantage. While this is pricey, I think the benefits are worthwhile, since I was able to access custom watchlists, hundreds of technical indicators and daily trade ideas. During my testing, I was pleased that I could view complete historical data of all available strategy providers, which helped give me peace of mind when choosing who to follow. I especially like that you can join discussions within a community feed which allows users to learn how to trade in a hands-on yet engaging environment. ZuluTrade is a good copy trading platform for beginners since it only requires $200. The tool allows you to follow other strategies in a user-friendly dashboard.
The broker is covered under the Securities Investment Business Law (SIBL) and is fully compliant with all the regulations laid down by local authorities. Apart from CIMA, Vantage is not licensed by any other regulatory body. ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards. 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.
The agreement, which was approved by the Israeli government late on Tuesday, is expected to go into effect on Friday. 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. I used it for two weeks, but when the market turned into a big bull, his trade crashed.
- During my testing, I was pleased that I could view complete historical data of all available strategy providers, which helped give me peace of mind when choosing who to follow.
- The broker protects client funds by storing them in segregated accounts that are kept separate from operational accounts.
- There is also an excellent selection of copy trading platforms, though past performance is no guarantee of future performance.
- Beyond the aforementioned benefits, Vantage also provides a wide range of technical charting offerings to its users, thereby making it easier for investors to hone their decision-making process.
Compare the markets and instruments offered by Vantage and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Compare Vantage with the top 3 similar brokers that accept traders from your location. Serious algo traders will appreciate the virtual private server (VPS) which is available with a $1,000 deposit. To get started, simply choose from the list of Spotlight or Signals providers, decide how much you want to trade, and add any risk management parameters. Experienced copy traders who deposit $2,000 can copy up to 12 strategies in the DupliTrade platform.
The broker’s customer service team can be reached by email, chat, or phone. Furthermore, customer support is available in a range of languages, making it even easier for users to communicate in their preferred tongue. It is also worth noting that the broker’s customer service team is reachable during trading hours, 24-hours a day, 5-days a week to ensure timely support. Vantage delivers a great user experience that is intuitive and feature-rich. The broker’s platforms are full of useful functionality that benefits users. The advanced charting tools can help clients analyze financial markets in real-time.
Traders can speculate on leading companies in the US, EU, UK and Australia including brands like Tesla and Apple. Short, medium and long-term trading strategies are catered for, as well as algo traders through Expert Advisors (EAs). There is also an excellent range of indices and ETFs for those who want to diversify portfolios. A truce or a pause is a temporary halt of fighting for an agreed-upon period of time — in this case, four days. A ceasefire is an indefinite end to hostilities that often comes with a negotiated agreement between the warring parties.
However, I am not a fan of the ads, and it is still a long way off from being able to compete with the mobile apps that are offered by IG, FOREX.com, and Saxo Bank. Vantage is trustworthy based on my thorough background checking and research. The broker’s global user base, strong regulatory oversight and collection of industry awards are reassuring. The firm also uses important safety measures including segregated client accounts.
Vantage was conceived in 2009 and is currently owned and overseen by Vantage International Group Limited. At present, this online trading ecosystem is home limefx forex broker to more than 130,000 active client accounts. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
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. Spreads are super tight, execution is fast and reliable, platform is great. No, Vantage is an ECN/STP broker, which means it sources quotes from several external liquidity providers with no dealing desk intervention. In addition to copy trading features, Myfxbook Autotrade offers journal features where you can keep track of your trading history. For an alternative trading experience, I think the ProTrader is a compelling option.
Mobile trading apps
My tests have shown that trading fees at Vantage are fairly competitive but not the lowest I have seen. The STP account does offer zero commissions but wider spreads from 1 pip. The ECN account is a good option for active traders looking for zero-pip spreads and low $3 commissions. Vantage also doesn’t disappoint when it comes to additional trading tools.
To provide each trader type with an account that matches their needs, Vantage offers a varied pricing and fee schedule depending on user priorities. The straight-through processing order execution (STP) account and Islamic account incur no commissions with spreads that start at as low as 1.4 pips. There is a small administration fee assessed on each trade for Shariah-compliant Islamic account holders. On the https://limefx.club/ other side, the ECN account types feature raw spreads from 0.0 pips that incur commissions of $3 per trade for the lower tier account and $2 per trade for the higher tier account. Vantage is an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start trading.
Is Vantage Markets a Regulated Broker?
Vantage is recommended for traders who want to keep up-to-date about unfolding market developments and leverage these opportunities by making rapid investment decisions. Its PRO Tools provides the latest news, trading signals, and analyst views for 35,000 securities, delivering significant value for traders who prefer wide access to information. Accordingly, the platform is ideal for intermediate and advanced traders. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.