Overall, these account options allow traders of all experience levels to pick the one that aligns with their preferences and trading style. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Since 2011, FX Empire has developed a detailed methodology for evaluating CFD brokers, involving over 250 variables across nine crucial categories.

This social trading platform lets you view professional traders and choose who to follow, copying their trades to reduce the effort you need to put in. Swap-free trading accounts are available for either Standard STP or RAW ECN accounts, allowing Islamic clients to trade in confidence. Our Vantage FX broker review team appreciates that not only does the broker offer Islamic accounts, but that it displays the certificates of Sharia compliance on its website. Vantage FX has several account types, each with its own structure for trading fees. This allows you to choose whether you prefer competitive spreads and no commission fee or extra-tight or even zero spreads and commissions. Vantage FX offers a comprehensive trading experience with a strong focus on security, mulitiple trading options, competitive fees, exceptional support, and user-friendly technology.

Payment Options and Withdrawal Times

Let us start with the Raw ECN Account round turn commission rates based on the available account currency options for Vantage customers, with calculations for standard, mini, and micro lot trading. Vantage offers multilingual, round-the-clock customer support through a global network of experts. Traders can access help via live chat, phone calls and Vantage’s Help Center or directly contact regional offices. Vantage provides user-friendly trading platforms, including MT4, MT5 and the Vantage App. Offering Forex Trading, Indices Trading and Commodities Trading, Vantage FX uses a custom developed OneZero™ MT4 bridge, which is able to feed a vast amount of FX liquidity into MT4.

Commissions and fees

Vantage FX offers a slightly limited range of financial instruments compared to other similar brokers. The account-opening and verification process at Vantage FX is seamless, fully digital and accounts are ready within 24 hours, which is about the industry average. Australian traders will be trading with Vantage Global Prime Pty Ltd, which is licenced and regulated by the Australian Securities and Investment Commission (ASIC). Knowing that your money is protected by the ASIC, CIMA, and VFSC gives you peace of mind and increases your trust in your Lunar Capital. As we reach the end of our Vantage FX, we hope we’ve given you enough data for informed decisions.

Moreover, withdrawals in the UK usually cost £5, although there is a free option too. However, traders must note that transactions via certain payment processors may incur fees, which do not depend on the broker. 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 broker provides traders with MT4 and MT5 demo account, which traders can use to practice their trading strategies on over 180 financial instruments without risking real money. Reputable multi-asset broker, client accounts are independently managed and audited periodically.

You can also use trading signals from Trading Central, custom watchlists, and take advantage of the news calendar and alerts. The application also lets you open your account and take care of fund management. The application includes technical indicators, including Bollinger bands, moving averages, and MACD. Vantage FX offers three trading platforms, depending on where you’re located. A trading platform is simply a software interface that allows you to place trades. Trading platforms often come with charting, research, and order processing tools, too.

Likewise, professional clients registering with Vantage Global https://lunarcapital.net/ Prime LLP, regulated by the FCA, are also allowed identical margins. On the contrary, retail clients coming under the Financial Conduct Authority are only eligible for margins as low as 3.33% in the major FX pairs. In volatile products like cryptocurrencies, the margins can rise as high as 50%. In our review of Australia’s best CFD broker, we analyzed all the primary features of the MetaTrader 4 demo platforms along with the additional tools offered by Vantage FX. 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.

Both Swap-Free Standard STP and Swap-Free RAW ECN accounts are designed for traders who are unable to receive or pay swaps due to religious beliefs. While this account type does not incur any swaps or interest charges on overnight positions, the account holder is charged an administration fee on trading positions. Beware of Vantage PAMM account Manager user name is “Steady Growth” he’s amateur trader under Kaltoire Group on myfxbook. He blocked me from all over telegram signal groups and deleted our chats.

$10 No Deposit Bonus – Open a Live STP account, $10 Bonus is automatically added to your account

Here are some of the support options to get in touch with the ASIC regulated forex broker. The SmartTrader is useful for both beginners and experienced traders to monitor and execute trading decisions based on the vital market-moving tools, including the market sentiment indicator. Vantage FX offers more than 180 CFD products across all the major asset classes.

Vantage vs Pepperstone Instruments Selection Comparison

• Vantage FX offers access to the most liquid global FX markets, allowing traders to trade over 40 forex pairs.
• For further trading ideas, news of promos or tutorials, Vantage FX has a social media presence across YouTube, LinkedIn, Twitter and Facebook.
• For the purposes of this review, we found customer support via live chat extremely responsive and polite.
• These tools provide multiple charts, indicators, drawing tools, and alerts to help traders make informed decisions.
• South African traders will trade with Vantage Markets (Pty) Ltd an authorised financial service provider regulated by the South African Financial Sector Conduct Authority(FSCA).

But, if you are keen on the MT5, download the platform and request the broker for a USER ID/PW to access the trading terminal. While the MetaQuotes software comes loaded with several features and trading signals, Vantage FX has included its own set of cutting edge tools to enhance the trading efficiency of clients. Some of the exclusive trading tools are freely accessible by all clients, while some are only for Pro clients, or clients who bring in a specific minimum initial deposit. The Vantage Group of Companies was incorporated in 2009 by a team of financial market professionals with experience in forex, finance, and technology. An STP/ECN broker, Vantage FX offers two accounts with minimum deposits linked to tighter spreads and lower trading costs. The commission-free Standard Account requires a minimum deposit of 200 GBP but spreads start at 1.2 pips on the EUR/USD.

• With Vantage FX, you can start copy trading as low as $50, and if the seasoned investors profit, you’ll profit too.
• You can speculate on some of the largest companies from the United States, the UK/Europe at $6 and €10 per trade, respectively.
• Vantage FX facilitates the process of opening your trading account, so you can immediately start trading forex and CFDs.
• Moreover, the broker provides you with various risk management tools and investor compensation (in some jurisdictions).

Guide to Forex Trading Regulation

All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn’t imply direct instructions for investing. To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page. However, it might take some time before you receive a reply to your email.

Trading Hours

Most other good brokers have an average trading cost of 9 USD per lot of EUR/USD traded. For example, you can trade with the Standard STP Account with spreads from 1.0 pips and no commission. Compared to other brokers, some investors believe that Vantage FX has a limited product range as it only offers forex and CFD trading.

Vantage FX’s financial institutional partners calculate the daily released rates using risk-management analysis. As a result, each forex currency pair has its forex swap charge, and interest is paid on currency sold and received on currency bought. For the purposes of this review, we found customer support via live chat extremely responsive and polite. Vantage FX really shines with the number of social trading platforms available, however, these are affiliate partnerships. Vantage FX’s mobile trading apps are excellent compared to other brokers. Vantage’s range of financial instruments for CFD trading includes Forex, share CFDs, commodities (energies, metals, and softs), indices, and cryptocurrencies.