When it comes to topping up and withdrawing from your account, the options available are very much industry standard. Domestic fast transfers are also available for those who are located in Australia. Additionally, Vantage also supports a number of electronic transfer methods, including Neteller, Skrill and FasaPay. Generally speaking, Vantage will not apply any additional fees, though this may depend on your bank.

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Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. The Vantage Group of companies is regulated by financial bodies in a number of jurisdictions across the globe. VantageFX supports MetaTrader 4, MetaTrader 5, and their proprietary platform, Vantage App. Exchange Traded Funds (ETFs) were another option, which is a great way to pursue a specific trading or investing theme. For example, if you’re bullish on agricultural stocks, you may choose to purchase an agricultural ETF.

1. Traders can access a free demo account at Vantage which gives you $100,000 in virtual funds to practice with.
2. When compared to the industry averages, Vantage has a reasonably competitive system of fees and commissions in place.
3. The biggest difference is that the account isn’t offered to Australian traders, and comes with a $10,000 USD minimum account opening amount.
4. Get access to international share markets including US, Europe, Australia and Asia.
5. Whilst you clearly won’t get the same experience as the desktop platform, you will get an abundance of real-time data and forex market research straight from the palm of your hand.
6. The welcome bonus provides a bonus of 50% on deposits of up to $500 for users signing up to the Vantage account.

What can you trade?

While not entirely unique, the VantageFX demo account has no expiry date (some brokers limit the account to 30 days) which is a good thing as you will not be pressured to sign up before you are ready. All-in-all, to keep it simple, for most traders, you’ll be choosing between a standard account and a raw ECN account and most of the time this will be the RAW ECN account. We took a look at the accounts VantageFX has to offer and like the fact they have a range of accounts for different trading styles. Of particular interest to us is the Cent Account since not many traders have this type of account (even if this is only available for traders in South Africa). Ross Collins, our chief researcher tested the Raw Account Spreads for 20 MT4 brokers for RAW-style accounts and found Fusion Markets and LimeFX to be among the top choices for tight spreads. At this time, we haven’t tested the spreads with VantageFX ourselves but when we do, we will update this page.

Fees & Costs

For instance, Debit/Credit Card withdrawal can only be used for accounts that made deposits using a Debit/Credit Card. Some exciting features you will enjoy from this platform include three real-time chart types with nine timeframes, good drawing tools, various technical indicators, and more. This is because an equivalent trade on a zero spread account with Fusion Markets will incur a $4.50 commission per round turn, which is, at present, among the most competitive offers within the industry.

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There are excellent diversification opportunities, especially the bond and ETF offerings, which aren’t available at many alternatives based on testing. As expected, wire transfers are processed within 1 – 2 business days for domestic transfers and 2 – 5 business days for international transfers. Founded in 2009, the broker’s long history is a great sign of a well-established business with strong credentials. The firm’s notable reputation is also reinforced by its collection of prestigious awards.

Social trading is a great way to learn from the top traders in the industry, so it’s great to see Vantage supporting it so well. The platform is replete with a suite of advanced trading tools, such as technical indicators, order management, custom watchlists, trading signals by Trading Central, alerts, news calendars, and more. It is available as a mobile app that is compatible with Android and iOS devices and can be downloaded from the respective app stores. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.

As with many other mobile apps I’ve tested, you cannot run any detailed technical analysis in the Vantage app since it doesn’t offer any indicators or drawing tools. This isn’t really a major drawback for me as I prefer the wide-screen functionality limefx company reviews that you get on the desktop and web platforms. The MetaTrader platforms come with some of the most comprehensive libraries of technical indicators and drawing tools.

Master the art of trading as you delve into our comprehensive curriculum, perfect for aspiring traders eager to learn online trading from. You can invest in the likes of Tesla, Netflix, Meta, and other listed companies through shares CFD. Get access to international share markets including US, Europe, Australia and Asia. Trade gold and silver, the world’s most popular precious metals, which have historically been used as a hedge against inflation and a store of value during uncertain economic times. As such we may earn a commision when you make a purchase after following a link from limefx company reviews our website. Versus, comparison pages of alternative online brokers to Vantage FX are listed below.