Three account types are offered with the minimum deposit for a Standard trading account being $200. Their Raw ECN account require a $500 minimum deposit, and they have 0.0 spreads. Technically speaking, you can fund your trading account with just $50.

This ensures that beginners won’t miss out on the opportunity to trade on the same platforms as experienced traders. The Standard STP account is my pick for beginners – commission-free trading is available with floating spreads from 1.0 pip. 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. All forms of payment have no additional costs for deposits; however, customers are still responsible for whatever fees their banks may levy.

How long does it take to withdraw money from an account at Vantage?

Vantage incorporates the popular MetaTrader 4 and MetaTrader 5, along with the ProTrader platform. MetaTrader affords easy order execution, though its rugged design makes it somewhat difficult to execute probing technical analysis. In comparison, ProTrader features advanced charting capabilities and various tools for market analysis. It interoperates with the broker, allowing traders to use various instruments across FX, indices, and commodities. The platform caters to experienced traders and offers automated trading systems and copy trading services. This broker offers Islamic Account variations in Standard STP and Raw ECN for traders seeking swap-free trading while adhering to Islamic financial rules.

MetaTrader 5

DupliTrade is an automated trading platform that replicates skilled traders’ activities. ✅Select your desired account type (individual, joint, or corporate), base currency, and leverage level, considering your trading expertise and risk tolerance. Yes, they emphasize support for two-factor limefx authentication (2FA), which adds a degree of protection to client accounts during login operations.

Vantage App

For secure online trading, broker regulation is required by most traders. The company must have an official license (through licensing/regulation) from a government agency to offer financial products. Official laws are always subject to specific criteria and rules that a broker must adhere to. In case of violation of these rules, an immediate withdrawal of the regulation and license threatens. The regulation thus creates a high limefx company reviews degree of trust between the trader and the broker. Fraud can be completely ruled out with an utterly regulated offerer to 99%.

Demo Account

Hicham the Engineer talked me through everything step by step and was very patient. Vantage has one Tier-1 and one Tier-2 regulation and complies with most of the essential safety requirements. Overall, I assessed the broker to meet the industry safety standards. Vantage operates under four entities regulated in various jurisdictions, including ASIC in Australia and the FSCA in South Africa. Based on my research of Vantage’s legal documents, I assessed that the broker complies with most safety regulations.

1. Another thing that stands out for me is the level of customizability that I get with the MetaTrader suite.
2. After entering your personal data, the email address must be confirmed.
3. Official laws are always subject to specific criteria and rules that a broker must adhere to.
4. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.

Yes, they offer a WebTrader platform that allows traders to trade straight from their web browsers, eliminating the need for downloads. ZuluTrade’s integration with this broker showcases its commitment to offering new trading solutions and expanding its product range. Vantage Social Trading platform combines community and trading, fostering a platform for traders to discuss tactics, ideas, and transactions. This broker uses MetaTrader 4 (MT4), a user-friendly trading platform with analytical capabilities and automated trading using Expert Advisors (EAs). ✅ Deposit funds into your new trading account by your preferred method (bank transfer, credit/debit card, or e-wallets).

A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. Please note that ‘round-turn’ means that half of the fixed rate is paid whenever an order is opened, and the other half is paid when the position is closed. I determined that Vantage’s commission rate meets the industry average.