Vantage FX India Review 2023 Testimonials, User Ratings & copy trading

Although the standard account does not attract a commission, the spreads when using this account are significantly higher than in the other account options offered by Vantage. For example, on a standard account, the starting spread when trading forex is 1.4 pips. As such, If you intend to trade more actively and deposit a larger amount of capital into your trading account you may be better served by opening a Raw or Pro account. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Vantage FX keeps the trading costs low by offering tight spreads from 0.0 pips if you use the raw ECN account. They understand that customers want to maximise their profits as much as possible in this highly liquid forex market. You may be asking, “is Vantage FX good to trade with?” especially as their minimum deposit amount is higher than the average. It’s similar to asking, is Robinhood good because of their payment options and minimum deposit amounts.

Inactivity fees

It is also widely recognised for its fast execution speeds, range of charting tools, algorithmic trading, and customisability. For traders that trade in large volumes , it is better to open an account denominated in USD at a digital currency bank, especially for trading on assets such as the EUR/USD. This is because when trading a USD quoted currency pair with a GBP account, there will be a small conversion fee for every trade made. Vantage FX offers a wide range of payment methods, while and deposits are free, some withdrawal methods incur a fee. Those afraid to risk real money on trading will be glad to learn that Vantage FX has introduced an unlimited MT4 demo account. Traders can test strategies and analyse data on over 300 instruments.

Zuluhttps://traderoom.info/, DupliTrade, and Myfxbook AutoTrade are the three auto trading platforms. On the other hand, Vantage should completely integrate trading and research into its customer portals and trading platforms. You might also improve Vantage’s service by expanding the breadth of in-house content.

Users can find out the available deposit and funding methods from the client’s portal on the broker’s website. However, the funding methods vary based on the base currency pairs and residency of the account holders. The users need to deposit the funds when trading CFDs only through their individual account bearing their name; no third-party payment methods are allowed on the platform. The pro ECN account is a step up from the raw ECN as it is targeted to professional traders and investors who use high volumes at a time. It has the most advanced trading features to benefit any high rolling forex trader.

The customer service is shocking

Soft commodities are an exciting new market that Vantage FX traders now have access to through their MT4 and MT5 platforms. This commodity class is a robust market full of large buyers and sellers of the physical assets that back the futures market. CFDs are complex instruments and come with a high risk that can result in the loss of your invested capital.

Forex trading, also called currency or FX trading, involves the currency exchange market where individuals, companies and financial institutions exchange currencies for one another at floating rates. The decision about which platform to choose will depend on what a client would like to trade, therefore it will be one of the criteria when choosing a broker too. Vantage FXcan be summarised as a credible and that is very competitive in terms of its tradingfees.

Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. 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.

Can you open an account?

In addition, in this Vantage FX trading review, we discovered a deposit bonus offer. It entitles customers to a 50% credit bonus on their first deposit up to £500 credit in your base currency. You can also get an additional 10% bonus for deposits over £1000. New customers have to create a live account, opt into the promotion, and deposit their funds into the account to qualify for this. Vantage FX’s MT4 app allows traders to work from anywhere, with nine timeframes and 30 indicators.

Nevertheless, we received relevant answers and the staff was very helpful. The major difference is that you can set alerts and notificationson the desktop trading platform, in the form of mobile push and email notifications. To set email or mobile notifications, you must enter your email address and mobile MetaQuotes ID .

How we ranked fees

Vantage also developed a proprietary mobile trading platform, Vantage App. Vantage ProTrader powered by TradingView offers another alternative for manual traders to consider. Vantage FX offers several channels like live chat, email, and telephone to let users connect to the customer service team. According to the various Vantage FX reviews, the live chat system is the fastest channel except during the peak business hours when the traders’ queries tend to pile up.

• From any page on the Vantage FX website, you can click on the Chat button in the lower right corner of the screen to begin a live chat.
• Developed by MetaQuotes, once connected to the deep liquidity forex market, our Vantage FX review UK found MT4 a powerful tool for traders.
• We are committed to help you resolve this issue as swiftly as possible and would like to invite you to contact us directly via phone, live chat or email at

This may influence which products we review and write about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. This article provides a list of best forex indicators for traders who want to make consistent profits.

You should consider whether you understand how this vantage fx reviewsduct works and whether you can afford to take the high risk of losing your money. Forex broking has been on the rise since online brokerage started gaining momentum. Online platforms offer a plethora of trade benefits for users even though there is a high risk of losing money in forex.

For example, it took us a while to figure out how to add an asset to our watchlist. In this case, Vantage’s support team will contact you with the required forms. Vantageforex fees are low, mostly similar to the fees charged by its main competitors.

Other brokers that don’t charge a minimum deposit or are considerably lower usually attract new customers to compete with the competition. An STP/ECN broker, Vantage FX offers two accounts with minimum deposits linked to tighter spreads and lower trading costs. The commission-free Standard Account requires a minimum deposit of 200 GBP but spreads start at 1.2 pips on the EUR/USD. Trading conditions improve significantly on its Raw ECN Account, which has a 0 pip spread and an extremely low commission, but a minimum deposit of 500 GBP. Overall, it is very clear that Vantage FX is a well-trusted broker offering an excellent all-around service to traders.

• The stability of your business depends on the amount of capital that you allow to keep your business running.
• Three account types are available, with a $200 minimum deposit for a standard trading account.
• It allows you to understand the platform in more detail and test any strategies to see how it would be when you eventually use your own money.
• Opening a Vantage FX account is specifically designed to be incredibly simple.
• There is a rebate plan which is applied on Standard Accounts and provides $2 AUD cash rebates (up to 10% of the initial deposit).
• There are several account options available, including an unlimited demo account that you can use to get a feel for their platform.

Raw and Pro ECN accounts are designed for experienced traders who pursue high liquidity and ultra-low spreads. To open a Standard STP or Raw ECN account, you need $50, while Pro ECN account is designed for traders with high volume, which requires an account opening amount of $10,000. Vantage provides a diverse range of trading instruments to cater to the different trading needs of its clients.

How to open your account

These fees can significantly affect your profitability and so should be carefully scrutinised. As you can see from the table above, the trading costs on the Raw and Pro accounts are lower than those on the Standard Account and lower than those of other brokers. Most other good brokers have an average trading cost of 9 USD per lot of EUR/USD traded. If you are a Money Manager, run a service/ Pamm/Mam service you simply cannot afford to hold them on their platforms.

After more than a month emailing the support email for assistance, they have not helped me at all. Their customer support just keeps replying saying they are reviewing the case. Vantage Market is the worst trading platform I’ve ever seen, literally go to any other platform. Vantage Markets is a MetaTrader broker founded in 2009 and regulated by ASIC , FCA , and CIMA .

Vantage uses the world-famous MT4 and MT5 trading platform to allow traders to have user-friendly access to global markets. Furthermore, the company has provided a comparison between MT4 and MT5 platforms that might help traders have a broader view. Vantage started its business operation in 2009 to offer trading to retail forex traders to experience an unparalleled trading experience. The main aim of the company is to provide a transparent trading environment in the forex market.

There are 3 main types of trading accounts at Vantage , which differ in their pricing structure and the spreads provided. Thank you for taking the time to leave us with your feedback, and we are sorry to hear that you have had a less than satisfactory experience with us. Our team has been notified of your situation and your case has been escalated. Should you need any further assistance in the meantime, do feel free to reach out to us at any point via phone, live chat or email at This means you will have full access to two of the most highly acclaimed trading platforms in the industry. Also available is the Vantage FX Pro ECN account though this is very much suited to more experienced traders with a minimum deposit of $20,000 and lower trading costs to match.

The simple account type offers STP execution and not very tight spreads. There is a rebate plan which is applied on Standard Accounts and provides $2 AUD cash rebates (up to 10% of the initial deposit). The standard account offers also a free VPS under a certain policy.

We ranked Vantage’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. Based on my personal experience, I have not encountered any issues with depositing or withdrawing funds from Vantage, which contradicts the negative reviews I had read earlier. When considering the use of Vantage, I initially consulted Trustpilot and came across negative reviews that expressed concerns about difficulty withdrawing funds.