The broker provides traders with institutional-level trading through its deep FX liquidity pools with inter-bank market access. This is a more advanced trading platform introduced by MetaQuotes in 2010 to take your forex trading to the next level. In addition to offering all of the features of MT4, the MetaTrader 5 trading platform comes with more advanced capabilities, such as 21 timeframes and nine chart types. Furthermore, the platform’s addition of a two-position accounting system — netting and hedging — allows traders to maintain complete risk management control of their accounts in their way. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
I’m confident that both beginners and experienced traders will be catered to when it comes to charting and analysis 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. For example, traders can earn V-points in the Vantage Rewards scheme which can be redeemed for cash, deposit rebate vouchers, lucky draws, profit boosters and more. When I used Vantage, I found that clients registering with the offshore entity can access several bonus deals and promotional offers.
Vantage Promotions
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. 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. From the table above, the spreads offered by Vantage FX Standard STP Account are a bit higher than those offered by the big names in the industry — LimeFX and Fusion Markets. Asktraders is a free website that is supported by our advertising partners.
Traded Instruments
Importantly, as you can see from my comparison of other brokers below, Vantage also holds its own in terms of access to the best trading platforms. My assessment found that fees at Vantage are competitive, especially in the higher account tiers. The best part is that you only need $50 to access raw spreads in limefx review the ECN account, but there are commissions to be aware of. I also like that all accounts are compatible with the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as the broker’s full range of assets. This ensures that beginners won’t miss out on the opportunity to trade on the same platforms as experienced traders.
What did our traders think after reviewing the key criteria?
- Yes, Vantage offers a decent mobile app which offers access to account management features and trading tools whilst on the move.
- Past performance is no indication of future performance and tax laws are subject to change.
- Reputable multi-asset broker, client accounts are independently managed and audited periodically.
Currently, Vantage FX offers 50 share CFDs from the US stock exchanges, over 70 share CFDs from the UK and European markets, and 50 share CFDs from the Australian market. You can speculate on some of the largest companies from the United States, the UK/Europe at $6 and €10 per trade, respectively. MT5’s addition of a two-position accounting system (netting and hedging), allows traders to maintain full risk management control of their account, in their own way. At Vantage, they understand how important the management of risk is and they don’t want clients’ trading platform to be an unwanted restriction to achieving their goals. If you choose to open a Vantage trading account, you will be able to trade energy markets on MT4 or MT5 with ease. Energy traders take advantage of fluctuations in the price of a certain specialised set of commodities markets such as oil, gas, gasoline and heating oil.
The platform is replete with a suite of advanced trading tools, such as technical indicators, order management, custom watchlists, trading signals by Trading Central, alerts, news calendars, and more. It is available as a mobile app that is compatible with Android and iOS devices and can be downloaded from the respective app stores. Vantage FX provides traders with the MT4 trading platform, an advanced trading platform that was introduced in 2005 by MetaQuotes.
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 allows traders to trade the world’s most liquid Stock Exchange indices — S&P 500, DAX, FTSE, DJ30, and more — through the MT4 and MT5 trading platforms. limefx company reviews Thanks to the broker’s oneZero™ MT4 Bridge, traders can enjoy the fastest execution speed. The prices of all Vantage FX Indices are based on the underlying price of the index’s corresponding stock market. Vantage FX offers access to the most liquid global FX markets, allowing traders to trade over 40 forex pairs.
Compare Trading Instruments
To compare the trading platforms of both Pepperstone and Vantage, we tested each broker’s trading tools, research capabilities, and mobile apps. The account allows its users to take advantage of the lowest costs while capitalizing on the fastest execution speeds. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.