A $4.0 commission for a 1 Lot trade on the Pro account is very competitive. 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. ETFs track the performance of a pool of underlying assets – including commodities, stocks, currencies, indices and more.
Other trading platforms
I am loving Vantage Markets.My experience in trading has been awesome the few weeks I have traded here.The welcome bonus on first deposit is a huge boost real deal. Love it.One thing I would like improved is response period when chatting support. The time I needed help, it a bit more time, like 2 to 3 hours before I was attended to.Otherwise, I have no issue. I am new to trading and to Vantage, I had some questions I couldn’t find the answers to in the app. I contacted customer support, first I was chatting with a bot, I asked if I could speak to a live agent and was promptly placed in a queue.
This regulation across multiple jurisdictions give me the confidence that they are a broker who I can trust with my funds. Therefore, I can trade without worrying if they will keep my funds safe and secure. I would always limefx scammers prefer to use a regulated broker although I am aware that unregulated brokers can sometimes offer certain products and services that a regulated broker cannot.
Vantage offers a broad range of energy commodities, providing traders with access to the highly liquid global energy markets. Our energy trading options include popular commodities, such as crude oil, natural gas, and Brent oil. Demo accounts are available to test the different trading platforms and conditions before opening a real account.
Past performance is no indication of future performance and tax laws are subject to change. The information in this website is general in nature and doesn’t take into account your or your client’s personal objectives, financial circumstances, or needs. Please read our legal documents and ensure you fully understand the risks before you make any trading decisions.
You can get a demo account with nearly all brokers but I always feel it can be a good way to test the service of a particular limefx scam broker to get a rough idea of what to expect. The RAW ECN account is for traders who need deep liquidity and tighter spreads. The minimum deposit required is $500 with variable spreads starting from 0 pips and commission from $3. The forex market is the largest in the world in terms of volume with a daily turnover of more than $4 trillion. When trading forex you are speculating on the price of one currency against another as forex markets are traded as currency pairs. If a trader was buying the USD/JPY currency pair, they would be buying USD and selling JPY.
This may not make a great difference if you are holding positions for days, weeks or months. However, it can have a big impact on scalpers who hold trades for a few seconds or minutes. In this instance, even the smallest differences in price can have a significant impact on results. Leading multi-asset CFD broker, Vantage Markets (or “Vantage”), marks its 15th anniversary today, celebrating 15 years of innovating the ultimate… People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Finally, the broker has bagged several industry awards from CV Magazine, Fintech Awards, The Forex Awards, IB Times Trading Awards, and more.
Payment from joint bank accounts or credit cards is accepted if the trading account holder is one of the beneficiaries. With a Vantage FX MT4 or MT5 trading account, traders can seamlessly open short-term or long-term position trades in physical gold and silver. Also, they can trade in both long and short directions and can hedge their physical positions whenever they see the market turning. You will see that there is a good variety of convenient methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit card and online payment systems such as Neteller and Skrill.
One of the worst brokers support they…
I have always received top class support but think it would be great if they could increase working hours to weekends as well. Traders are ranked by ZuluRank, a proprietary performance evaluation algorithm and accounts can be fully managed through the account management suite which has advanced risk management features such as ZuluGuard. It should be noted that historical performance is by no means any guarantee of future performance. From my experience, I have been let down by copying traders on ZuluTrade. I always would prefer to use my own strategy and depend on nobody but myself.
- They can also help you with trading platforms through the 1 on 1 support they offer using the TeamViewer screenshare software.
- This way, the risk of fraudulent behavior by the brokerage is kept at a minimum.
- Vantage have a variety of educational materials in their free education library for all trader skill levels covering both basic and advanced trading concepts.
- The web trader keeps the same intuitive interface and majority of functions as the desktop platform.
- From the above, we can see a mark-up spread of about 1.1 pips to the average spread on Vantage FX’s Standard Account to cover the costs of trading the EUR/USD pair.
- NAB are amongst the 4 largest financial institutions in Australia and have a huge market capitalisation with millions of customers, constantly ranking in the top list of the safest banks in the world.
Withdrawal fees
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. I like it when a broker gives us the choice as we all have our own strategies. The main differences between the accounts are the minimum deposits, spreads and commissions.
Key Pros and Cons
I think it is a great addition that every broker should offer to clients. You can customise it according to your own strategy and automatically scan thousands of instruments for possible signals. There is no need to sit around watching charts all day when you have a tool that will do all of the leg work for you. Libertex also have Trading Central if you want to consider an alternative option. The correlation trader lets you quickly and easily compare the correlation between different markets and timescales. You can compare key figures such as net profits for each symbol and also place, manage and close orders directly from the charts.
The minimum deposit required is $200 with variable spreads starting from 1.4 pips. You can open trades with pip-perfect precision with multiple order types and view important data including the pip and trade value in dollar values. Furthemore, you can set the GMT of your trading charts to your local time, or to the opening hours of your favourite instrument. You can view prices in real time, open, amend and close positions straight from your mobile devices. I am a big fan of trading apps as they allow me to keep track of the markets and any positions at a time that works for me without needing to load my computer.
Vantage have a wide variety of news resources in their News Centre to help keep you up to date with the latest market happenings. There is a mixture of news analysis and discussions covering both technical and fundamental analysis. It should be mentioned that the articles are not as frequently updated as some other online brokers. Clients can use the tool to find out what drives the global markets with access to all the latest news coverage, media content, and price events across all markets. The AI buzz meter shows the volume of social media chatter and news about your favourite assets so you don’t miss a thing.
The broker charges a commission of $3.0 per lot per side ($6 round trip) on the Raw ECN account and $2.0 per lot side ($4 round trip) on the Pro ECN account. Also, the absence of an FCA regulation indicates that UK-based are not covered under the Financial Services Compensation Scheme (FSCS) if the broker fails to meet its financial obligations in the United Kingdom. Note that Vantage FX does not offer its services to residents of specific areas such as North Korea, Japan, the United States, and other regions. Vantage is proud to be a partner of Mclaren in their Extreme E journey – a partnership built based on sustainability and performance. 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. Leverage on the volatility of the largest stock market indices in the world like SP500, DAX, NAS100, and DJ30.
The MT4 trading signals will send you an alert when there is a potential trade opportunity on a specific trading instrument. These signals can be copied directly onto your trading account although you should be aware of the risks when copying other traders’ signals. MT4 is one of the most widely used trading platforms in the world which I like for its user-friendly interface and quick learning curve.