This includes a ‘refer a friend’ scheme, an active trade programme, a 50% deposit bonus, and a rebate scheme. The ‘refer a friend’ scheme is potentially lucrative and gives you the opportunity to earn a $150 bonus for every successful referral – this also gives them a $100 sign-up bonus. The active trader promotion offers users who open a Standard STP account funded by at least $10,000 the opportunity to earn bonuses based on their account activity. The welcome bonus provides a bonus of 50% on deposits of up to $500 for users signing up to the Vantage account. Vantage clearly takes customer satisfaction and loyalty very seriously, as these bonus schemes are among the best we have come across. In particular, it’s great to see Vantage offering promotions and bonuses for both new and experienced users of the platform.

Alternative Brokers

I was pleased to find no deposit or withdrawal charges, keeping costs down. 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.

This makes Vantage a good option for global traders and those with less starting capital. The Standard STP account is my pick for beginners – commission-free trading is available with floating spreads from 1.0 pip. According to its website, Vantage is founded on the values of accountability, transparency, reliability, integrity and trust. As such, it is quite clear that Vantage takes its regulatory obligations seriously, making this broker one of the safest around. It upholds the highest standards of regulation and compliance as required by the terms of its licence, with client funds kept under tightly controlled accounts that are kept segregated and tightly audited. Currently, the National Australia Bank acts as its custodian bank and it is regulated by the Cayman Island Monetary Authority (CIMA).

Vantage Forex Calculators

1. Finally, Vantage FX partners with CellXpert, which makes it possible for CPA Partners to make use of the latest marketing tools available.
2. These trading platforms can be great if you find an impressive trader and you’re confident they have a good strategy and legitimate edge, but our advice is to always be skeptical when following other traders.
3. Novice traders can use the platform’s demo account to practice trading in a risk-free environment, without risking their own money.

The Vantage economic calendar is provided by MetaQuotes and lets you track the latest market events. The calendar displays the dates and times of releases, the impact level expected, the country affected and the forecasted/previous/actual results of the release. The mini terminal is for traders who require extra speed when entering or exiting positions as it enables trading with complex order types in just one click, directly from the chart. This tool allows users to put real time account data into excel for comparing, analysing and creating rules. The correlation trader lets you quickly and easily compare the correlation between different markets and timescales.

ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. For the Raw ECN account, Vantage FX charges a commission of $3 per side for each standard lot traded.

MetaTrader

With 21 timeframes and one-minute history of quotes available on MT4, moving to MT5 is the smart choice for flexibility. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. Swap free Islamic accounts that comply with Sharia law are available upon request. It is great that they cater to Muslim traders who cannot pay interest due to religious beliefs. In addition to this, there are two consistent oscillators (one slow, one fast) that are also harvested from the analysis to help support trading decisions.

Forex Categories

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. If you are a serious Forex trader, and want to keep your MetaTrader 4 platform running 24 hours a day, a virtual private server (VPS) is ideal. A VPS uses an external server to manage your trading connectivity ensuring that the MT4 platform is running 24 hours a day and is not subject to downtime caused by electrical or computer problems. 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.

The Vantage Partnership Program stands out as a premier opportunity for affiliates and introducing brokers looking to capitalize on the dynamic forex market. No, there are no setup fees to join the Vantage Partnership Program, and there is no cap on the commissions you can earn, providing flexibility and transparency. The minimum deposit required to open an account with Vantage Markets is 50 USD. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.

Considering the negatives, though, it is a shame that the broker’s global entity, Vantage Global Limited, is regulated offshore by the Vanuatu Financial Services Commission (VFSC). The VFSC is not a highly respected authority and does not offer the same degree of protection for retail traders in my view. 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. The AutoTrade service is an online FX trade copying platform with over 90,000 FOREX traders. Connect a Vantage account with AutoTrade to auto copy and trade with access to in-depth analysis and statistics. 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.

Vantage provide you with a good selection of trading tools to assist with your day trading. The broker also offers an economic calendar, forex education, trading tools, forex analysis, forex market news, forex trading strategies and client sentiment data. However, it may lack a variety of in-house content compared to some other forex brokers. Vantage also offers competitive trading conditions, including low spreads, high leverage, and fast execution speeds. The broker offers a range of account types to suit different traders’ needs, including standard accounts, Islamic accounts, and professional accounts.

I always would prefer to use my own strategy and depend on nobody but myself. I like to know how and why each trade is taken, rather than follow another trader and hope for the best. The MT5 web trader provides the same functionality as MT5 desktop without you needing to download or install any limefx scam additional software.

I contacted customer support, first I was chatting with a bot, I asked if I could speak to a live agent and was promptly placed in a queue. The live agent, Mohamed was really helpful and gave me all the answers I needed, thank you for the 5 star service. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.

Vantage FX is one of the few brokerage houses that has been operating for a decade now. However, all these years bought several controversies for the broker, whether it’s related to changing its brand name to Vantage Markets or halting clients’ withdrawals all of a sudden. CPA Affiliates get complimentary access to CellXpert, via the Vantage FX partnership with that state-of-the-art marketing platform. The partnership is available for both corporate clients and individuals worldwide. Becoming a CPA Affiliate is another method of increasing revenue with Vantage FX. Affiliate partners earn commissions on referrals and also receive exclusive access for highly personalized and targeted marketing products.

Coupled with powerful trading tools, Vantage stands out as a broker committed to maximizing trader benefits and ensuring a rewarding trading journey. The Deposit Bonus provides new traders with a 10% rebate on their first USDT deposit, up to $10,000, allowing them to boost their trading capital from the start. With further incentives like earning V-Points for trading and access to exclusive trading tools, Vantage creates an environment where clients can reap rewards while trading effectively.

I’m confident that both beginners and experienced traders will be catered to when it comes to charting and analysis tools. 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. Based on my tests during normal trading hours, the Standard Account offers an indicative spread of 1.4 pips limefx website 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.