Vantage Markets (ex VantageFX) Review
Table of Contents
1. About Vantage Markets
Vantage Markets is a Global financial broker that allows you to trade various financial instruments, such as stocks, forex, commodities, and cryptocurrencies. You can access global markets with low fees, fast execution, and advanced tools. Whether you are a beginner or a professional trader, Vantage Markets has something for you. You can choose from different account types, leverage options, and trading strategies. You can also benefit from educational resources, market analysis, and customer support. Vantage Markets is regulated by reputable authorities and ensures the security of your funds and data. With Vantage Markets, you can take advantage of the opportunities in the financial markets and achieve your trading goals.
2. Vantage Markets Review in a nutshell
| Regulation | ASIC, FCA, VFSC, CIMA |
| Foundation year | 2009 |
| Headquarters | Australia |
| Trading Platforms | MT4,MT5, Trader pro, Vantage app |
| Max Leverage | 1:500 |
| Min Deposit | $50 |
| Deposit Options | Wire transfers, credit/debit cards, Union Pay, Skrill, Neteller, AstroPay, fasapay, JCB. |
| Website Languages | English, French, German, Italian, Spanish, Vietnamize, Korean, Chineze, Arabic, Polish +others |
| Support | 24/5 |
| Products | CFDs on Forex, Indices, Commodities, ETFs, Shares, Crypto |
| Demo account | Yes |
| Education | Yes |
3. Regulations
Vantagemarkets is regulated in different jurisdictions by various regulators. The main regulations are with Australian Securities and Investments Commission (ASIC) and Financial Conduct Authority (FCA)
Vantage is a trading name of Vantage Global Prime LLP is authorised and regulated by the Financial Conduct Authority. FRN: 590299
Vantage Global Prime Pty Ltd trading under Vantage, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 428901
Other regulations include Cayman Islands Monetary Authority (CIMA) and Vanuatu Financial Services Commission (VFSC).
Vantage International Group Limited trading under Vantage, is authorised and regulated by the Cayman Islands Monetary Authority (CIMA) with SIBL number 1383491
Vantage Global Limited is authorised and regulated by the VFSC under Section 4 of the Financial Dealers Licensing Act [CAP 70] (Reg. No. 700271).
4. Trading Products
In our Vantage Markets review we will see what Vantage Markets offers in products for trading. that wil be more than 2100 instruments.
Forex, Indices, Commodities, stocks, ETFs and Cryptos. Depending on your country of residence, there are several differences in the conditions of trading ( spreads, leverage, available products etc)
| Product | Options | Leverage (up to) | Spreads from |
|---|---|---|---|
| Forex | 40+ pairs | 1:500 | 0.1 pips |
| CFDs on indices | 15+ indices | 1:500 | 0.004 |
| CFDs on Commodities | 20+ commodities | 1:500 | 0.007 |
| CFDs on Stocks | 500+ | 1:500 | Low commission |
| CFDs on ETFs | 60 | 1:500 | Low commission |
| CFDs on Bonds | 7+ |
5. Accounts
The are 4 account types available at Vantage
Standard: This is the most basic account type, suitable for beginners and casual traders who want to access the global markets with low spreads and commissions. You can trade over 180 instruments, including forex, indices, commodities, and cryptocurrencies, with a minimum deposit of $200 and a leverage of up to 1:500.
Raw: This is the account type for more experienced and active traders who want to enjoy ultra-low spreads and fast execution. You can trade the same instruments as the Standard account, but with a lower minimum deposit of $100 and a commission of $3 per lot per side. You also get access to advanced tools and features, such as Autochartist and VPS.
Pro: This is the account type for professional and high-volume traders who want to take advantage of the best trading conditions and services. You can trade the same instruments as the Raw account, but with a higher minimum deposit of $20,000 and a commission of $2 per lot per side. You also get access to premium benefits, such as a dedicated account manager, priority support, free wire transfers, and invitations to exclusive events.
Islamic: This is the account type for traders who follow the Islamic faith and want to trade in accordance with the Sharia law. You can trade the same instruments as the Standard account, but without any interest or swap charges. You also get access to Islamic-friendly features, such as no rollover fees, no hidden fees, and halal trading products.
As you can see, Vantage Markets offers a range of account types to cater to different trading styles and goals. To open an account with Vantage Markets, simply visit their website and fill out the online registration form. You can also contact their customer support team if you have any questions or need assistance.
For more on the accounts you can visit their website
6. Trading Platforms
Vantage Markets offers four main trading platforms for its clients: MetaTrader 4, MetaTrader 5, WebTrader, and Vantage App. Each platform has its own features and advantages, depending on your preferences and goals.
MetaTrader 4 (MT4) is one of the most popular and widely used trading platforms in the world. It offers a user-friendly interface, advanced charting tools, custom indicators, automated trading systems, and access to a large community of traders and experts. You can download MT4 for Windows, Mac OS, iPhone, Android, or use it directly from your web browser.
MetaTrader 5 (MT5) is the latest version of the MetaTrader platform, with enhanced functionality and performance. It supports more markets, more order types, more indicators, more timeframes, and more analytical tools than MT4. It also allows you to trade stocks and ETFs directly from the platform. You can download MT5 for Windows, Mac OS, iPhone, Android, or use it from your web browser.
WebTrader is a web-based platform that allows you to trade from any device with an internet connection, without downloading or installing anything. It is compatible with Windows, Mac OS, Linux, and all major browsers. It offers a similar interface and features as MT4 and MT5, such as 30 indicators, 24 technical analysis tools, 9 timeframes, and one-click trading.
Vantage App is a proprietary mobile app that gives you access to your trading account anytime, anywhere. It is available for iOS and Android devices and has a sleek design and intuitive navigation. It allows you to trade over 1,000 instruments across forex, commodities, indices, and stocks CFDs. It also provides you with market news, analysis, alerts, and rewards.
In addition to these four platforms, Vantage Markets also offers three social trading platforms: ZuluTrade, MyFXBook, and DupliTrade. These platforms allow you to copy the trades of other successful traders or share your own trades with others. You can choose from thousands of verified strategies and portfolios and diversify your trading experience.
As you can see, Vantage Markets has a variety of trading platforms to suit different types of traders. Whether you prefer a desktop or a mobile platform, a manual or an automated trading system, a solo or a social trading environment, you can find what you need with Vantage Markets. To start trading with Vantage Markets today, simply register an account, fund it using one of the many payment options available, and choose your preferred platform.
7. Education / Tools
If you are interested in learning more about trading and investing, you might want to check out the educational tools available from Vantage markets. Vantage markets is a leading online broker that offers a variety of products and services for traders of all levels. Here are some of the educational tools that you can access from Vantage markets:
Webinars: Vantage markets hosts regular webinars on various topics related to trading and investing, such as market analysis, technical indicators, risk management, and more. You can join these webinars live or watch them on demand at your convenience.
E-books: Vantage markets provides a range of e-books that cover the basics of trading and investing, as well as more advanced strategies and techniques. You can download these e-books for free and read them on any device.
Videos: Vantage markets has a library of videos that explain different aspects of trading and investing, such as how to use the trading platform, how to place orders, how to use leverage, and more. You can watch these videos anytime and anywhere.
Articles: Vantage markets publishes articles on its blog and website that offer insights and tips on trading and investing, such as market news, trends, analysis, forecasts, and more. You can read these articles online or subscribe to their newsletter to receive them in your inbox.
Courses: Vantage markets offers online courses that teach you the skills and knowledge you need to become a successful trader or investor. You can choose from different levels and topics, such as beginner, intermediate, advanced, forex, stocks, commodities, etc. You can enroll in these courses for free and learn at your own pace.
These are some of the educational tools available from Vantage markets that can help you improve your trading and investing skills and knowledge. You can access these tools from their website or mobile app. You can also contact their customer support team if you have any questions or need any assistance.
8. Why Vantage Markets
If you are looking for a reliable and trustworthy broker to trade forex, CFDs, stocks, commodities, cryptocurrencies and more, you might want to consider Vantage Markets. I will explain why Vantage Markets is a good choice for your trading needs and what benefits they offer to their clients.
Vantage Markets is a regulated and licensed broker that operates in over 180 countries and has more than 300,000 active traders. They have been in the industry since 2009 and have won several awards for their excellence and innovation. They offer competitive spreads, fast execution, low commissions, high leverage and various account types to suit different trading styles and preferences.
One of the main advantages of Vantage Markets is their advanced trading platform, which is powered by MetaTrader 4 and MetaTrader 5. These are the most popular and widely used trading platforms in the world, with a user-friendly interface, powerful tools, indicators, charts and automated trading features. You can access the platform from any device, including desktop, web, mobile and tablet. You can also use Vantage Markets’ own web-based platform, which is compatible with any browser and has a sleek design and intuitive functionality.
Another benefit of Vantage Markets is their educational and analytical resources, which can help you improve your trading skills and knowledge. They offer free webinars, ebooks, videos, articles, tutorials and market news on various topics related to trading. You can also access their daily market analysis, economic calendar, trading signals and technical analysis tools to stay updated on the market trends and opportunities.
Vantage Markets also provides excellent customer support, which is available 24/5 via phone, email, live chat and social media. They have a team of professional and friendly agents who can assist you with any queries or issues you might have regarding your account or trading. They also have a comprehensive FAQ section on their website that covers most of the common questions and problems.
In conclusion, Vantage Markets is a broker that offers a high-quality trading experience with a range of features and benefits that can enhance your trading performance and satisfaction. Whether you are a beginner or an expert trader, you can find a suitable account type and platform that meets your needs and goals. You can also enjoy their educational and analytical resources, as well as their customer support service. If you want to start trading with Vantage Markets, you can open a free demo account or a live account with a minimum deposit of $200.
9. Pros and cons
Pros of Vantage Markets:
- Low spreads and commissions: Vantage Markets offers competitive pricing on its trading products, with tight spreads starting from 0 pips on major currency pairs and low commissions starting from $3 per lot round turn on ECN accounts.
- Fast execution and no requotes: Vantage Markets uses advanced technology and infrastructure to ensure fast and reliable order execution, with no requotes or slippage under normal market conditions.
- Multiple account types and platforms: Vantage Markets caters to different types of traders, from beginners to professionals, by offering various account types and platforms. You can choose from Standard, Raw ECN, Pro ECN, or Islamic accounts, and trade on MetaTrader 4, MetaTrader 5, or WebTrader platforms.
- Excellent customer service and education: Vantage Markets provides 24/5 customer support via phone, email, live chat, and social media. You can also access a range of educational resources, such as webinars, videos, articles, and ebooks, to improve your trading skills and knowledge.
Cons of Vantage Markets:
- Limited regulation and protection: Vantage Markets is regulated by the Vanuatu Financial Services Commission (VFSC), which is not a reputable or strict regulator in the industry. This means that Vantage Markets does not offer high levels of investor protection or compensation schemes in case of insolvency or misconduct.
- High minimum deposit and withdrawal fees: Vantage Markets requires a minimum deposit of $200 to open an account, which is higher than some other brokers. Additionally, Vantage Markets charges withdrawal fees for some payment methods, such as bank wire transfers and credit/debit cards.
- Restricted access for some countries: Vantage Markets does not accept clients from certain countries or regions, such as the United States, Canada, Japan, Iran, Iraq, North Korea, Syria, and Cuba. This limits the availability and diversity of its client base.
Conclusion:
Vantage Markets is a decent broker that offers a variety of trading products and services at competitive prices. However, it also has some drawbacks that might deter some traders from choosing it as their broker. Ultimately, the decision depends on your personal preferences and risk appetite. You should always do your own research and due diligence before opening an account with any broker.
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Disclaimer: Please note that reading this review and other brokers reviews is just one of the many tools available to help you make informed decisions when it comes to investing your money. However, it is important to keep in mind that these reviews may be biased or influenced by the reviewer’s personal experiences or interests. It is always advisable to conduct thorough research and consider multiple sources of information before making any investment decisions. Additionally, investing always carries risk and past performance is not a guarantee of future results. As such, please consult with a qualified financial advisor before making any investment decisions.
About the Vantage Markets reviewer: He is experienced in the industry but not a professional writer. Doing this Vantage Markets review was one of the first writting gigs hopefully one of many.
For any comments on this review / suggestions / fact checking please contact us via email at info@fxcryptoblog.com