For UK clients, both the Vantage Prime and the Vantage Prime Pro accounts can be opened with £2,000. Vantage FX has also won an impressive range of industry awards, which shows that you are trading with an accomplished and reputable firm. Awards include Financial Trading Services Provider of the Year from CV Magazine 2019 and, in 2018, the broker was the Fintech Awards winner for Financial Trading Services Provider of the Year. It also earned the same honor from both the Global 100 and the Fintech Awards in 2017. If you are registering with Vantage FX from the UK, you can also choose between a commission-free account or a Pro account that charges from £1.50 per 100k traded.
Vantage’s Mobile Trading Platforms
So, the Pro ECN Account is the cheapest of the three accounts, which is why it is offered to high-volume traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Yes, Vantage allows hedging, enabling traders to open multiple positions in the same or opposite directions to manage risk effectively.
Smart Trader Tools
Vantage FX offers swap-free trading on both the Standard STP and Raw ECN accounts. Both Swap-Free Standard STP and Swap-Free RAW ECN accounts are designed for traders who are unable https://worldtradex.blog/ to receive or pay swaps due to religious beliefs. While this account type does not incur any swaps or interest charges on overnight positions, the account holder is charged an administration fee on trading positions. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.
Vantage Rewards Loyalty Program
- Verification of the account requires providing documents that prove identity.
- Vantage FX does not accept third-party payments, so all funds deposited into your trading account must be under the same name as your Vantage FX trading account.
- It provides you with access to all the features of those platforms, and your Vantage FX account, without requiring a download.
- While partners may pay to provide offers or be featured, they cannot pay to alter our recommendations, advice, ratings, or any other content.
- AutoTrade is a popular FX copy trading platform with which Vantage collaborates.
- DupliTrade allows Vantage clients to duplicate the trades of experienced proprietary traders.
Vantage Global Prime, the UK arm of the broker, offers two account types; Vantage Prime and Vantage Prime Pro. All account types provide access to all available instruments and platforms. The Myfxbook AutoTrade service mirrors accounts, letting you copy the trades of top systems. You can choose from more than 90,000 forex systems, and you’ll also have the ability to customize and manage the copied trades. It only takes 30 seconds to connect your Vantage FX account and get started.
How to open an account
Trading platforms often come with charting, research, and order processing tools, too. Vantage FX provides research primarily from third-party content providers such as Trading Central. The broker also has some basic features, such as an economic calendar and client sentiment data. Still, Vantage FX lacks a variety of in-house content besides its daily videos, compared to other forex brokers.
This is open to all clients, provided that you have a minimum balance of $1,000 in your account. The Vantage FX application is a proprietary trading platform that lets you trade on the go, accessing share CFDs, indices, commodities, and forex pairs. There are versions available for both Android and iOS, and it provides access to full trading functionality. Vantage FX offers negative balance protection, a crucial feature for limiting losses.
This service is an attractive addition to Vantage’s trading capabilities and can be especially useful for those who use automated trading strategies. With Vantage, you can trade United State socks commission-free from anywhere in Thailand, the Philippines or elsewhere. Vantage allows you to trade the stocks of the biggest companies in the US, UK, EU, and Australia via CFDs. Stocks represent partial ownership of a company and trading them allows you to buy and sell shares of major companies like Tesla, Apple, Alphabet and Meta.
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Diverse account types, especially Cent accounts can trade most assets. Unlike other brokers that charge fees for deposits, and on inactive accounts, Vantage FX does not generally charge any non-trading fees. However, a 25 USD fee is charged for withdrawals via bank wire transfer. Energy commodities are some of the most important commodities in the world because they are used to power the economy. Vantage FX allows you to trade the energy markets via https://worldtradex.site/ the MT4 and MT5 trading platforms. The CFD broker offers the most popular energy commodities, such as crude oil, natural gas, gasoline, and heating oil, allowing you to take advantage of fluctuations in the prices of those commodities.
Vantage offers access to fixed-income bond trading, including US 10-year Treasury bonds. Vantage FX has received many awards for its service, trading experience, regulation and innovation. There are also written tutorials of the platforms for those who learn better by reading. These include step-by-step written instructions for installation and a basic overview.