For beginner traders, I appreciate the low $50 minimum deposit, unlimited demo account and selection of educational materials. The in-house platform is easy to use and there are hundreds of popular assets to trade. In this Vantage review, I share the key findings from my comprehensive assessment Lunar Capital cheating of the broker.

Forex Fees

This fee is relatively standard in the industry but may be a consideration for traders who do not trade frequently. Vantage have partnered with Trading Central to provide daily market commentary, global financial news, and in-depth market analysis, conveniently accessible from the Vantage app. Whether you are a scalper, swing trader, or trade long term, the ProTrader platform is designed for traders of all styles. Because markets move 24 hours a day, 5 days a week the broker understands how important it is for Forex traders to be able to access the market anywhere, anytime. MT5 offers a full set of trading orders for flexible Forex, Commodities and Indices trading, with access to Vantage is liquidity provider’s market depth at your fingertips. MT5 allows you to see where the big orders are sitting on the price ladder and lets you plan your trading accordingly.

Assets & Markets Details

The MT4 platform offers Forex traders the most powerful charting platform on the market. Widely accepted as the industry benchmark in retail Forex trading platforms, MT4 is by far the most popular platform for charting out there today. Vantage’s mobile app offers excellent functionality for account management and trade monitoring.

Vantage Non-Trading Fees

• These platforms allow traders to follow and copy the trades of experienced traders automatically.
• Since both platforms are strikingly similar, I found it useful to compare them side by side in the categories below.
• The broker offers a variety of featured trading ideas and comprehensive market breakdowns.
• This allows traders to speculate on the price movements of digital assets alongside traditional financial instruments.

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 the ECN account, but there are commissions to be aware of. I feel the Vantage Rewards scheme will be most valuable for active traders, though I strongly urge traders to approach any financial incentives with caution. Robinhood popularised commission-free trading and made investing accessible to a new generation. With its robust trading platform, low fees, and access to financial advisors, it’s ideal for hands-on and hands-off investors alike. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking.

Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. However, we do note that negative balance protection is not automatically applied by the broker’s offshore entity. The $50 starting deposit, low fees, unlimited demo account, copy trading and educational resources will suit beginners. For us, the fee rebates and perks through V-points will be the most useful for active traders. There is a free calculator on the broker’s website that traders can use to calculate margin, profit and swap/interest before taking financial risk when trading forex.

Trade Commodities CFDs

Gain fast and stable access to your MT4 & MT5 trading account from any web browser window wherever you may need to manage trades from. MT5 allows traders to use more timeframes on an unlimited number of charts in their watch list. Have you ever wanted to see how your trading strategy would run off the 12-minute charts, but been restricted by MT4’s limited timeframe capabilities? With 21 timeframes and one-minute history of quotes available on MT4, moving to MT5 is the smart choice for flexibility. MetaQuotes has integrated all of the features that have made MT4 the excellent Forex trading platform that it is, and then improved on them. The web platform is accessible directly through browsers, eliminating the need for downloads.

Commissions and fees

• Makret Buzz is also really good if you’re a news trader and the so called Featured Ideas aint bad for sparking the trading juices though the setups aren’t right for my ultra- short term game.
• Vantage is trustworthy based on my thorough background checking and research.
• For beginners, the Standard STP account is commission-free with spreads starting at 1.0 pip.

We always recommend that users approach forex trading with a sensible risk management strategy. Vantage is a highly-rated forex broker with a good variety of assets, useful tools and low fees. However, there is no guarantee of making money when trading forex online regardless of the broker you trade with. Given its large user base, reputation and regulatory oversight – we consider this a trustworthy forex broker.

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. Looking at the negatives, the user experience of the client dashboard isn’t as seamless as other brokers in my view. 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.

Additionally, he was unaware that Vantage offers civil liabilities insurance through Lloyd’s. Vantage also provides free Virtual Private Server (VPS) hosting for low-latency trading. Traders can use it to achieve stable internet connectivity and ultra-fast order execution speeds averaging 5 milliseconds. The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action. Vantage’s MT5 platform is available on Windows and Mac and supports 52 languages, including English, French, Spanish, German, Arabic, Chinese, and more.

In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. All three available platforms—MT4, MT5, and ProTrader— support one-click trading. Scalpers can also use Vantage’s free Virtual Private Server (VPS) hosting for low-latency trading. The broker’s clients can use VPS and add-ons for MT4 and MT5 regardless of the size of the deposit.

MetaTrader 4

And, you can also test your portfolio on a demo account to find the right traders to suit your needs. Vantage additionally provides their clients with a variety of useful trading tools. Some of the tools made available by Vantage include trading signals, market news, trade analysis and much more. The all-in-one trading app also features fast account opening and in-built funds management for easy deposits and withdrawals. 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.

Many Forex traders use VPS technology to ensure that their Expert Advisors (Forex trading robots) can run non-stop. If you maintain a minimum account balance of $1,000, you can apply for a free forex VPS. Choose the professional traders you wish to follow and diversify your Forex trading risk around multiple strategies. Professional traders and money managers may opt for the PRO ECN Account, crafted for high-volume trading with advanced features and premium execution. For clients with specific religious beliefs, the Swap-Free Account provides an option to trade without swap fees, aligning with Shariah law. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today.

The Raw ECN profile is a better fit for experienced traders looking for ultra-low spreads and a competitive commission. Every broker review undergoes a rigorous self-testing process, where our analysts actively trade on the platforms under review. This hands-on approach allows us to assess the broker’s performance across key areas such as execution quality, platform usability, fee structures, and customer support. By engaging with the platforms ourselves, we provide insights that are both practical and trustworthy. At MarketBulls, our commitment to delivering accurate, reliable, and comprehensive reviews is at the core of everything we do. Our testing methodology is designed to provide traders with insights that are grounded in real-world experience, thorough analysis, and a deep understanding of the financial markets.

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. As expected, wire transfers are processed within 1 – 2 business days for domestic transfers and 2 – 5 business days for international transfers. As for licensing, I’m glad to see that many clients will be registered under tier-one-regulated entities. Founded in 2009, the broker’s long history is a great sign of a well-established business with strong credentials. The firm’s notable https://lunarcapital.team/ reputation is also reinforced by its collection of prestigious awards. Additionally, I didn’t find a history of scams or malpractice at Vantage during my research.