This extensive range supports the implementation of a broad spectrum of trading strategies. Vantage provides free VPS hosting for accounts with a minimum $1000 balance and a monthly trade volume of at least $0.5 million. Broken down by asset class and compared to the industry average, Vantage charges low spreads on currency pairs, shares CFDs, indices, and cryptocurrencies, and low-to-medium spreads on commodities.

Trade Commodities CFDs

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. While we haven’t tested the spreads with this account, Ross Collins, our chief researcher tested the spreads with for standard account for 20 other MT4 brokers. 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.

Before you trade, AskTraders.

Ross Collins, our chief researcher tested the spreads for 20 MT4 brokers for RAW-style accounts and found Fusion Markets and IC Markets 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. VantageFX like many brokers, provide their average spreads on their website. Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares. Forex markets are always traded as currency pairs where a forex trader will always buy or sell one currency in terms of another. An example of one such trade would be a EUR/USD buy trade, meaning buying EUR and selling USD.

What funding options does each broker offer?

However, payments to and from overseas banking institutions may attract intermediary transfer fees from either party independent of Vantage FX. Vantage FX’s financial institutional partners calculate the daily released rates using risk-management analysis. As a result, each forex currency pair has its forex swap charge, and interest is paid on currency sold and received on currency bought. From the table above, the spreads offered by Vantage FX Standard STP Account are a bit higher than those offered by the big names in the industry — IC Markets and Fusion Markets.

1. The broker aims to provide retail and professional clients with unrivaled trading conditions.
2. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
3. To this, we will also say that if you are in Australia or the UK, VantageFX is a broker of worthy consideration because in addition to good spreads, the commissions are some of the best we have seen.
4. With our RAW ECN account, traders can experience some of the lowest trading costs in the industry.
5. Additionally, Vantage FX’s traders can trade with the mobile versions of the MT4 and MT5 trading platforms.

Your account should reflect your goals, needs, and ambitions on the market. You should take into consideration several factors, such as whether the account type has a minimum deposit requirement, limefx courses scam its spreads and commissions, the execution method, and more. The broker’s regulation by ASIC indicates a reputable broker that keeps to regulatory and ethical requirements.

Can I trust TopFX?

As a platform primarily dedicated to forex and forex CFD trading, the forex trading on offer is generally pretty solid. Vantage gives users instant access to deep liquidity on the live currency markets across over 40 currency pairs. While quite limited when it comes to the more exotic currency pairs, all of the major currency pairs that you could hope to trade are covered. Generally speaking, the spreads on offer are very competitive and trades are executed incredibly quickly. Vantage is a no-dealing desk trader and offers STP and ECN forex trading accounts.

If you’re located in Australia, the UK, or South Africa, your account will be regulated by your country’s regulatory body. 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. We could easily trade crude oil, natural gas, Brent crude, and even more exotic options like low sulfur gasoil.

All of the deposit options come with zero fees from VantageFX themselves, but some options may have fees from a specific bank or financial company. Like with most brokers, a demo account is available so you can test out the platform and the broker before committing. 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.

These commissions can be as low as AUD 2 and GBP 2 round-turn per 100k lot for clients in Australia and the UK respectively which is truly impressive. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

By the Financial Conduct Authority (FCA) under Vantage Global Prime LLP, for institutional clients. Vantage also has an entity that holds regulatory status with the Cayman Islands Monetary Authority (CIMA), and by the Vanuatu Financial Services Commission (VFSC) in Vanuatu. Finally, the broker has bagged several industry awards from CV Magazine, Fintech Awards, The Forex Awards, IB Times Trading Awards, and more. Some of the awards include Financial Trading Services Provider of the Year, Financial Trading Services Provider of the Year, Best ECN Broker, Best Customer Support, and Best Forex Education Asia Pacific. Forex Swap rates are affected by market conditions and the interest rate of the affiliated countries of the chosen Forex currency pair. Vantage Group of companies is authorized and regulated in various jurisdictions.

You should consider whether you understand how CFDs and Spread Bets work and whether you can afford to take the high risk of losing your money. Vantage FX offers access to the most liquid global FX markets, allowing traders to trade over 40 forex pairs. The broker provides traders with institutional-level trading through its deep FX liquidity pools with inter-bank market access. Vantage FX offers ECN spreads for the Raw ECN and Pro ECN account types, but the Standard STP account has marked-up spreads. The commission fees are competitive, and there are no additional fees on top of overnight financing charges.

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. So, the Pro ECN Account is the cheapest of the three accounts, which is why it is offered to high-volume traders. There are mini-course-like articles https://limefx.vip/ that offer an introduction to forex trading and information like how to set up the MT4 trading platform. In terms of where your funds are held, Vantage holds client funds in top-tier banks, and in trust accounts as funds that are separate from company funds. There is also the Vantage App, which is essentially a branded version of the MT5 mobile app.

Founded in 2009, Vantage is the brainchild of a highly specialised team with backgrounds in finance, forex trading and fintech. Delivered through powerful trading platforms, Vantage puts significant emphasis on user trust and transparency, which is backed up by an award-winning customer support team. This combination has helped Vantage to become one of the market leaders in the Australian market.