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. Vantage offers its own proprietary trading app, alongside the standard MetaTrader suite of mobile apps. Vantage has built a decent foundation for a new mobile trading application with its Vantage App. However, I am not a fan of the ads, and it is still a long way off from competing with the best mobile apps in the industry.
Advanced Trading Tools & Features
If you’re just starting out, or you only going to take the occasional trade, the standard account is probably right for you. Since this account uses micro-lots rather than standard lots for trading, your required capital (and therefore risk) is far lower. With this in mind, we think this account is a good alternative to a demo account if you want to practice trading with real cash rather than virtual cash.
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- In addition to the MetaTrader 4 and MetaTrader 5 platforms, which have basically become industry standard by now, Vantage also gives you access to a proprietary Vantage App and a WebTrader app.
- One of Vantage FX’s VPS partners is ForexVPS, which allows users to simply log in to their servers through any stable desktop or mobile device.
- In terms of the look and feel, I personally find trading on this software a more enjoyable experience than MT4 and MT5.
- The Myfxbook AutoTrade tool allows you to seamlessly integrate copy trading into your Vantage investment account by connecting you to a growing network of over 90,000 forex traders.
- Then we had to provide details about our address and whether we’re a US resident for tax purposes.
Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice. Please consider contacting a professional advisor if you require any financial assistance. BestBrokers.com does not assume liability for the financial losses our readers can potentially incur while trading with the online brokers we shortlist. Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk. It is, therefore, unsuitable for those who lack proficiency and sufficient experience.
The MetaTrader 5 platform in particular has really been streamlined with this latest update. The WebTrader platform and the proprietary mobile app are both similarly easy to use, and beginner traders shouldn’t have an issue getting used to them. When compared to the industry averages, Vantage has a reasonably competitive system of fees and commissions in place.
Data safety
DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have experience trading with Vantage please share your personal review of the broker and what you think are strong and weak points. Please note, some markets may only be available via CFDs or other derivatives.
Ease To Open An Account
However, CFTC regulation is absent; therefore, Vantage FX cannot provide its services to citizens or residents of the United States. This average customer rating is based on 3 Vantage customer reviews submitted by our visitors. Overall, beginners and intermediate traders should find plenty of resources at Vantage, though I limefx courses scam would say that the selection is not as comprehensive as other brands like IG.
Additional account options include joint accounts, company trading accounts and trust trading accounts (either as individuals or as a partnership). There are also professional accounts with increased leverage, but fewer safeguards. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as limefx courses scam CFDs.