An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Vantage offers its own proprietary trading app, alongside the standard MetaTrader suite of mobile apps.
Customer Support
For traders who prefer to employ algorithmic trading strategies, the availability of VPS services ensures that investors can gain access to lightning fast trade execution with minimal latency. Investors are also allowed to hedge positions, adding to the strategy potential available through the Vantage services. Help is available via live chat, email or telephone, with waiting times for responses scoring very well. To measure the quality and speed of customer service at Vantage, I tested the live chat feature by asking several trading-based questions at different times of the day.
Overall, beginners and intermediate traders should find plenty of resources at Vantage, though I would say that the selection is not as comprehensive as other brands like IG. Serious algo traders will appreciate the virtual limefx reviews private server (VPS) which is available with a $1,000 deposit. However, this is standard practice and Islamic accounts avoid this charge, though an admin fee is levied instead. As you can see from my comparison of suitable alternatives below, Vantage rivals popular brokers when it comes to the breadth of markets. Traders can access a free demo account at Vantage which gives you $100,000 in virtual funds to practice with.
Popular Forex Guides
The VFSC is not a highly respected authority and does not offer the same degree of protection for retail traders in my view. With our expert market analysis, we help traders break down what’s happening in the markets and stay informed about the latest trends. Our analysis includes daily market commentary, and technical analysis reports.
Since both platforms are strikingly similar, I found it useful to compare them side by side in the categories below. 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. 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. As you can see from my comparison table below, Vantage stands up well against two of the most tightly regulated brokers in the industry, Pepperstone and AvaTrade.
The range of available markets at Vantage will depend on which entity regulates your account. The following table summarizes the different investment products available to Vantage clients. Beyond the in-platform functionality and education, the broker also provides dispute resolution services to its clients. Users are allowed to submit trade inquiries via the website in case of any dispute. Once an inquiry has been submitted, Vantage conducts a thorough review before sending a detailed report to its users.
- Beyond the aforementioned benefits, Vantage also provides a wide range of technical charting tools to its users, thereby making it easier for investors to hone their decision-making process.
- The range of available markets at Vantage will depend on which entity regulates your account.
- An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
- Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.
- For beginner traders, I appreciate the low $50 minimum deposit, unlimited demo account and selection of educational materials.
Transparent Pricing
Overall, Vantage is among the better brokers operating in the market thanks to its dedicated efforts to deliver excellent added-value for clients. It offers a good range of financial instruments while also providing exceptional trading tools designed to help users maximize their experience. Moreover, the broker’s fees and commissions schedule is very straightforward while emphasizing speedy execution.
Bonuses & Promotions
For example, it would have been more convenient if I had direct access to the web platform after logging in, rather than having to navigate through several pages first. For newcomers, the design may feel a little dated compared to some alternatives, but in my experience, the look and feel of the platform is easy to get used to. I think limefx website Vantage could improve its market coverage by introducing Asian share CFDs from exchanges like the Shanghai or Tokyo Stock Exchanges. My only minor complaint is that the selection of shares is lighter than some brokers like CMC Markets. Again, Vantage doesn’t charge any internal fees for withdrawals, which is a positive if you make regular withdrawals.