Vantage Review 2024: Pros & Cons

This is good for accessing the platform on any device, even if it is not your own. The web trader keeps the same intuitive interface and majority of functions as the desktop platform. MT4 offers 9 different chart timeframes and 3 different chart types (line, bar and candlesticks). You can load charts of all trading instruments in multiple windows and customise them to suit your preferences.

  1. The AI buzz meter shows the volume of social media chatter and news about your favourite assets so you don’t miss a thing.
  2. It makes the whole process simple, with the broker providing you with everything needed.
  3. 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.
  4. Each year, we collect thousands of data points and publish tens of thousands of words of research.
  5. All of the broker’s platforms are equipped with extensive trading support, ensuring that all its users are kept up to date about the markets.

This isn’t really a major drawback for me as I prefer the wide-screen functionality that you get on the desktop and web platforms. The only downside is that you don’t get access to a library of additional indicators or trading robots. With this in mind, I think ProTrader terminal is a better choice for intermediate traders or those who aren’t interested in exploring automated trading features. The MetaTrader platforms come with some of the most comprehensive libraries of technical indicators and drawing tools. Vantage FX is a CIMA regulated Forex broker, providing traders with access to the global Forex market through top tier FX liquidity providers.

It is also worth noting that the broker’s customer service team is contactable during trading hours, 24-hours a day, 7-days a week to ensure timely support. Overall, the broker’s trading platforms operate flawlessly, and we did not encounter any issues when testing their functionality. The range of platforms offered by the broker is among the best in the industry. All of the broker’s platforms are equipped with extensive trading support, ensuring that all its users are kept up to date about the markets. Another unique feature of Vantage is the PRO Trader Tools available to clients who fund accounts in excess of US$1,000. These tools help investors track over 35,000 tradable assets from around the world.

Forex trading from 0.0 pips

The broker’s proprietary copy trading platform is ideal for copy traders looking for additional perks. While I rate the competitive ECN accounts, I think it’s a shame that some serious traders will miss out on the best trading conditions in the Pro ECN solution. The minimum deposit is pretty steep at $10,000 – more than other pro-level accounts I have reviewed. Helpfully for Islamic investors, a swap-free trading solution is available. Additional account options include joint accounts, company trading accounts and trust trading accounts (either as individuals or as a partnership).

The Vantage ecosystem is not only a place for you to invest in financial assets, but a place for you to learn, explore and connect with other like-minded investors. At Vantage, they hold themselves to the highest regulatory and security standards so you can invest through them with absolute peace of mind. I have found them a dream to deal with so far and can highly recommend them for trading online. They really go above and beyond to ensure that they are implementing the latest innovative technologies to remain at the forefront of the online brokerage industry.

Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. It only took a few minutes to download and sign in and then you can chat with other traders and mirror strategies in a few clicks. Experienced traders will also appreciate the free forex VPS, as well as various advanced plugins for the MetaTrader and ProTrader platforms. For an alternative trading experience, I think the ProTrader is a compelling option. It features a modernized interface with an impressive suite of technical tools.

These indicators can be used as part of an existing trading strategy and to compliment the built in MT4 indicators. All of the indicators can easily be installed into the MT4 platform and customised. This tool allows users to put real time account data into excel for comparing, analysing and creating rules. This allows you to trade whilst on the go from anywhere in the world where you have an internet connection. All of the main MetaTrader features are available through the mobile application (no automated trading) and it can be downloaded for free from the relevant app stores.

Before you trade, AskTraders.

Another thing that stands out for me is the level of customizability that I get with the MetaTrader suite. Both platforms feature flexible charts and market watch windows which can be re-sized to my preferences. I can also have multiple charts open simultaneously, which is ideal for active traders. MT4 and MT5 are hugely popular trading terminals that offer powerful charting tools and customizable layouts.

Funding Methods

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. They provide you with access to over 300+ financial instruments on multiple limefx courses scam asset classes including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, ETFs & CFDs. This is a generous selection that should meet the needs of more retail traders. You can find major currency pairs, popular cryptos and shares of the largest companies.

If you have any previous experience of similar trading platforms, then using it shouldn’t be too much of an issue. The website itself is well laid out, and a useful search bar allows you to pull up any information you might be searching for in an instant. The trading experience via the MetaTrader 4 and MetaTrader 5 platforms is very much what you have come to expect. The MetaTrader 5 platform in particular has really been streamlined with this latest update. The WebTrader platform and the proprietary mobile app are both similarly easy to use, and beginner traders shouldn’t have an issue getting used to them.

The tool allows you to follow other strategies in a user-friendly dashboard. Looking at the negatives, the user experience of the client dashboard isn’t as seamless as other brokers in my view. Traders can access a free demo account at Vantage which gives you $100,000 in virtual funds to practice with.

If you are a beginner than there is a limited amount of educational content for you to peruse at your leisure. Finally, you can choose from a convenient selection of funding options but crypto funding is not yet supported. In addition to the auto trading features in the MetaTrader 4 and MetaTrader 5 apps, Vantage also provides users of the platform with access to ZuluTrade and Myfxbook AutoTrade tools. These additional tools are a great way of adding some social and automated trading features to your trading account. The Myfxbook AutoTrade tool allows you to seamlessly integrate copy trading into your Vantage investment account by connecting you to a growing network of over 90,000 forex traders. Similarly, ZuluTrade integrates into your Vantage trading account and gives you instant access to a network of over 10,000 professional day traders.

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