Soft commodities refer to commodities that are grown rather than mined. When trading soft commodities CFDs, traders will have to consider factors including weather conditions, global demand, and geopolitical events that impact their production. 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. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
Our reviewers were happy to find that Vantage FX offers a wide range of research and analysis tools. There is a Smart Trader Tools Package with an alarm manager, correlation matrix, correlation trader, Excel RTD link, market manager, mini terminal, sentiment trader, session map, and trade terminal. The broker also offers an impressive suite of Pro Trader Tools, such as Market Buzz, Featured Ideas, Economic Calendar, and Analyst Views. 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.
Competitive Spreads
- It provides a trusted trading ecosystem and a faster and simpler trading platform that enables clients to take advantage of trading opportunities.
- The broker also takes various security measures, such as guaranteeing absolute transparency and maintaining segregated client funds.
- Around 57% of all reviews on the platform have a 5-star rating, with 26% of all reviewers giving the broker a 1-star score.
- The welcome bonus provides a bonus of 50% on deposits of up to $500 for users signing up to the Vantage account.
Will continue use vantagefx as it considering the best broker I trade with so far. 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. Vantage FX does not charge any internal fees for deposits or withdrawals.
Telephone calls and online chat conversations may be recorded and monitored. 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.
Index CFDs
ETFs track the performance of a pool of underlying assets – including commodities, stocks, currencies, indices and more. Start trading popular ETFs like the SPDR S&P 500 ETF and Invesco QQQ Trust. Learn all about trading with Vantage Academy and get the latest financial news plus in-depth market analysis.
For those trading outside of the UK, you can get started with as little as $200, making this broker highly accessible. As you review Vantage FX forex broker’s account types, however, you will notice that each has a different minimum deposit. RAW ECN Accounts have a minimum deposit of $500, and PRO ECN Accounts have a minimum of $20,000. The last account type is much less accessible, but it is specifically designed that way to appeal to those with higher trading volumes. The platform is replete with a suite of advanced trading tools, such as technical indicators, order management, custom watchlists, trading signals by Trading Central, alerts, news calendars, and more.
Which broker has lower costs, Pepperstone or Vantage?
- Likewise, professional clients registering with Vantage Global Prime LLP, regulated by the FCA, are also allowed identical margins.
- The information contained on this website is of a general nature only.
- You can open a demo account, chat with customer support, make deposits and withdrawals and more.
- In our extensive top forex broker review, we analyzed the range of markets, trading platforms, trading conditions, education/support, and what makes Vantage FX a good CFD broker.
- The application includes technical indicators, including Bollinger bands, moving averages, and MACD.
ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Both brokers have an excellent track record spanning 15+ years, segregate client deposits from corporate funds, and offer negative balance protection. Vantage is also a member of the Hong Kong-based Financial Commission and has a $1,000,000 per client insurance policy.
Commissions and fees
The inclusion of MetaTrader platforms helps the broker appeal to a wider audience, as it’s software that most traders are familiar with. Beginning with the positives, the top CFD broker is one of the safest in the industry, authorized and regulated by multiple tier-I watchdogs. Clients registering with the forex broker have the choice of 180+ products comprising spot and derivatives, all accessible on the MT4 & MT5 platforms. Besides, investors interested in social trading can access the broker’s ZuluTrade and MyFXBook auto-trading features to copy the strategies of successful traders. In addition to the auto trading features in the MetaTrader 4 and MetaTrader 5 apps, Vantage also provides users of the platform with access to ZuluTrade and Myfxbook AutoTrade tools. These additional tools are a great way of adding some social and automated trading features to your trading account.
You can go long or short, and hold on to your positions as long as you like without the hassles of closing out your open positions before the expiry date or rolling over to the next contract. BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. Worldtradex website Prior to dabbling into margin trading, each reader should take the time to determine their individual investment goals, risk tolerance, and level of expertise. 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.
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. Buy or sell the world’s most highly traded precious metals — gold and silver. Read our full explanation and accounting of our research and testing process to learn more about how we test. Use our country selector tool to view available brokers in your country.
Here are some of the support options to get in touch with the ASIC regulated forex broker. Beware of Vantage PAMM account Manager user name is “Steady Growth” he’s amateur trader under Kaltoire Group on myfxbook. He blocked me from all over telegram signal groups and deleted our chats. I knew there would be some trading loses but not in 4 days risking all funds. He promises you that your account will be safe because he will use proper money management with 20% drawdowns.
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. As you review Vantage FX’s fees and spreads, you will notice that the forex broker is highly competitive when it comes to both trading and non-trading fees.
Market news feeds are incorporated into the primary trading platforms, letting you review Vantage FX instruments and news in one place. This type of news feed is found on the MetaTrader platforms as well as the Vantage FX application. The ability to trade share CFDs with Vantage FX provides plenty of opportunities for diversification, thanks to the global market access. As a UK client you can trade 8 share CFDs (including big brands like Microsoft and IBM), whilst as an international client you can over 100.
The application includes technical indicators, including Bollinger bands, moving averages, and MACD. The SmartTrader is useful for both beginners and experienced traders to monitor and execute trading decisions based on the vital market-moving tools, including the market sentiment indicator. The margins generally depend on the Vantage subsidiary with whom you open your account. Clients of Vantage International Group Limited coming under Vantage FX are eligible for the least margins, starting at 0.2% for FX instruments. Likewise, professional clients registering with Vantage Global Prime LLP, regulated by the FCA, are also allowed identical margins. On the contrary, retail clients coming under the Financial Conduct Authority are only eligible for margins as low as 3.33% in the major FX pairs.
Some exciting features you will enjoy from this platform include three real-time chart types with nine timeframes, good drawing tools, various technical indicators, and more. This is unlike most financial firms that would charge a certain sum on trading accounts after a prolonged period of inactivity. Finally, let us compare Vantage FX Standard Account average spreads with those other major brokerages offer on the three most actively traded Forex pairs. So, the Pro ECN Account is the cheapest of the three accounts, which is why it is offered to high-volume traders. As a multi-award-winning CFD broker, Vantage delivers a superior trading experience, recognised by respected financial institutions and publications.
