The Raw account and Pro ECN offer attractive pricing, especially for experienced investors looking for ultra-tight spreads with low commissions from $3 per side. Based on my tests during normal trading hours, the Standard Account offers an indicative spread of 1.4 pips on the EUR/USD, which is reasonable though not the lowest. With that said, the commission-free trading model will serve new traders looking for straightforward pricing. When I used Vantage, I found that clients registering with the offshore entity can access several bonus deals and promotional offers. Choosing a broker that is licensed by a trustworthy regulator should be a top priority.
These visually display the overall sentiment ratio of long and short positions at Vantage. After rigorously exploring Vantage’s platform, I found the research tools to be fairly comprehensive. Ultimately, I think the app will work well for beginners or anyone looking to stay up to date with market events whilst on the go. In terms of the look and feel, I personally find trading on this software a more enjoyable experience than MT4 and MT5. The default dark mode workspace is easier on the eye, especially when layering color-coded indicators and graphical objects. After signing in to the ProTrader platform, the sleek interface is instantly recognizable for me as the platform is powered by the market-leading TradingView.
However, the high minimum deposit requirement can be too costly for some traders to start. Also, professional accounts usually lack protections like negative balance protection, which are mainly offered to retail traders. Vantage provides one standard account type, featuring floating spreads starting at 1.0 pips, and two ECN account types that offer raw spreads with fixed commissions. I evaluated Vantage’s trading fees across various asset classes and found them to be below the industry average.
Does Vantage Offer Low Fees?
The broker does not charge dormant accounts with an inactivity fee. With zero commission on US stocks and offering raw spreads, Vantage is particularly advantageous for trading share CFDs. I concluded that Vantage is great for day traders and long-term investors. It offers a mix of investments, from safer options like ETFs and bonds to riskier ones like stock CFDs and cryptocurrencies. The broker offers a smooth financing experience through various deposit and withdrawal options.
How To Open A Vantage Account
- In addition to all the other account features available, Vantage has also got a number of other bonus features that make an account with it even more appealing.
- Choosing a broker that is licensed by a trustworthy regulator should be a top priority.
- I would also like you to close positions internally by phone or chat in emergency situations.
- However, I am not a fan of the ads, and it is still a long way off from competing with the best mobile apps in the industry.
In this limefx official site Vantage review, I share the key findings from my comprehensive assessment of the broker. I evaluate the firm in all the important categories, including regulation and trust, investment offering, trading fees, account options, and platform functionality. I also compare Vantage to alternatives and explain what could be improved. Captial.com is one of the biggest online brokers available and is certainly very trusted.
I was able to access convenient account management features, as well as trade monitoring. As for accessibility, I’m pleased to see that Vantage offers both the web and desktop versions of the platforms. It’s easy to access all options from the client dashboard limefx forex broker under the ‘Downloads’ tab.
Problem with customer support
✅Precious Metals – Traders can access eight precious metals, including gold and silver. ✅Submit your application for evaluation; you will receive your login credentials via email if approved. ✅You will be taken to an online application form where you may enter personal information such as your complete name, email address, country of residence, and phone number. Indeed, they are licensed by several authorities, including ASIC in Australia and the FSCA in South Africa, ensuring a safe trading environment. Nonetheless, the client area does include the TradingView-powered sentiment indicators which are very useful.
What happens if I get a margin call from Vantage Markets?
However, this is standard practice and Islamic accounts avoid this charge, though an admin fee is levied instead. As expected, wire transfers are processed within 1 – 2 business days for domestic transfers and 2 – 5 business days for international transfers. The website has been translated into German, Chinese, Indonesian, and more. Still, you can only expect some supported languages from an Australian broker. From our experience, support for Vantage Markets is lightning fast. The broker is regulated by the Australian regulator ASIC, the Cayman Islands Monetary Authority CIMA, and is audited by KPMG (auditing firm).