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Vantage Markets broker review 2023 ++ Scam or not? Test

They have a generous selection although not quite up there in terms of quantity when compared to IG who have over 17,000 to choose from. However, if you are looking to trade forex, cryptos and major stocks, then they should have plenty of choice. 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.

  • Finally, to keep yourself updated on the latest company events or market news, you can get in touch with the CFD broker via its social media platforms – Facebook, LinkedIn, Twitter and YouTube.
  • They offer different types of customer support including, live chat, email and phone service.
  • Vantage Markets clients have various options to fund a trading account, including domestic bank transfers, international bank transfers, Skrill, Neteller, Credit/Debit card payments, and more.
  • I found the customer support to be prompt, polite and efficient.
  • VT Markets has a registered head office in Australia with two regional offices – one in the Cayman Islands and the other in Taipei.

My primary goal was to withdraw my money, but that’s when the nightmare began. They persistently pressured me to pay for the bonuses injected into my trading account, promising it would all be returned. It took months until I reached out to 𝐑𝐞𝐜𝐨𝐮𝐩𝐚𝐢𝐝-𝐨𝐫𝐠, who, in collaboration with my bank, successfully recovered all my losses from this fraudulent company.

Coming to the trading platform, VT Markets offers the Standard MT4 terminal. You can access live news, an economic calendar, and all the other features of MT4. For social trading enthusiasts, VT Markets provides access to multiple social trading platforms such as ZuluTrade, Myfxbook AutoTrade and DupliTrade. There are a few different account types to choose from that we discovered in this review of Vantage FX, similar to what we found in our EightCap review UK. We briefly mentioned the demo account that allows you to practice your skills before depositing real funds.

AutoTrade is an account mirroring service where you can copy trades from other forex trading systems. Whether you are a scalper, swing trader, or trade long term, the ProTrader platform is designed for traders of all styles. Featuring 12 different chart types from traditional candlesticks to Renko and Kagi, as well as multiple timeframes and a variety of chart layouts, you can monitor the markets like a professional. The MT5 mobile application is freely available to download on both Android and iOS devices. You can access your trading account to manage positions and analyse the markets whilst on the go.

The only way around these restrictions is to trade with a broker that doesn’t have FCA regulation, which of course means less protection. But I’m quite curious about what payment options are available at FXOpen? Sorry, guys, even though it’s a little off topic, this can also be one of my considerations in choosing the right trading broker.

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It isn’t currently possible to contact VT Markets support via phone. More detailed issues can be addressed using email and it is possible to use Live Chat to request a call from a dedicated account manager. MetaTrader platforms have been operating for decades and are a finely tuned operation.

Depending on your chosen forex trading strategy, you could take advantage of the different share CFDs on Vantage FX. This includes if you want to watch short-term price movements by using day trading strategies. Or long-term price movements and generating profit in the long run. You will get advanced tools and research from the mT4 and MT5 platforms whether you’re a manual trader or have help from an automated trading bot. Vantage FX keeps the trading costs low by offering tight spreads from 0.0 pips if you use the raw ECN account. They understand that customers want to maximise their profits as much as possible in this highly liquid forex market.

What is Vantage Markets? – The company presented

They also offer services designed for both beginners and professionals with access to Forex ECN trading, as well as CFD trading on Indices, Commodities, and U.S & Hong Kong Shares. Those instruments are available to trade on MetaTrader 4, MetaTrader 5, MetaTrader WebTrader, CHARTS by TradingView, Mobile Apps, either for Mac, PC, iOS, or Android. There are also social trading platforms such as MyFXbook and Zulutrade. Overall, Vantage is a multi-regulated CFD broker with a great choice of industry leading platforms and very powerful trading tools. There is everything you would need to conduct professional market analysis.

Forex Brokers

The broker offers a range of trading services with low initial deposit amounts. As one of the good advantages, Vantage Markets is available in many countries, so traders can sign in also with the lowest spreads. Vantage Markets Forex grants traders access limefx courses scam to the global Forex market through top-tier Forex liquidity providers. Nevertheless, the broker offers its services globally and carries out local entities with the purpose to support traders in the UK, Australia, and other international destinations.

Liquidity providers contributing to the deep institutional liquidity pool include some of the world’s largest institutions such as J.P. Morgan, HotSpot FX, National Australia Bank (NAB), Citibank, BNP Paribas, HSBC, Royal Bank of Scotland (RBS), Credit Suisse, Goldman Sachs, Bank of America, UBS and more. They have some of the best liquidity providers that I have seen from any broker. Compared to other brokers from Australia and already regulated (Pepperstone, Thinkforex, IC Markets) Vantage FX is less well known. Previously, the Australian broker had been recognized at the Transform Awards Asia 2021, an APAC awards program that recognizes excellence and innovation in brand development. While Vantage has been operating in the APAC region for a number of years, that hasn’t made the company self-satisfied.

Reputable brokers need to be licensed and regulated to ensure the safety of their sites. To find out if this broker is regulated and legit, check out our review of Vantage FX. The email response times can vary from a response within 30 minutes, or you may have to wait up to two days. The times can change depending on your issue, but you will receive a response. In addition, if you don’t mind waiting for an answer, this could be the most appropriate customer support method for you.

Our analysts reported that some of the data fields took a little bit of getting used to at first, but the whole process sped up and took less than four minutes to complete. For international applicants, any Photo ID other than passports must be notarized. Make sure that the Photo ID shows your name, plus either your date of birth or full residential address. The notarized document must also contain a statement similar to “I certify that this copy is a true copy of the original document”.

Trading Platforms – Desktop and app versions of Vantage FX

As a result, it was no surprise that opening up the trading dashboard was easy to do and we were able to navigate to the trading monitors to start booking trades. VT Markets does well to provide a step-by-step guide on how to proceed and we received the login information within seconds of the account being opened. The log-in details to the MT platforms are different to the login details of your VT Markets account, so they need to be stored safely. All new users are then https://limefx.group/ required to verify their email address and after that login details and passwords relating to the new account are sent via email. The time interval between the broker receiving and authorising the account was impressively short, which meant we were able to move on to live trading relatively quickly. It is also important to know which kind of account and platform you want to sign up to, as the registration process includes a section where those decisions are input.

Inactivity fees

Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. Multi-asset broker Vantage has been ed as APAC (Asia-Pacific) Best Trading Service Provider at the ADVFN International Financial Awards 2022. The panel of judges rated Vantage’s products and services as the best in the traditional financial and fintech industries.

Vantage Live Account Opening Requirements

I fell like Vantage pays affiliate people, They share with each other my money! I also think Vantage might know this is happening for a lot of clients. I had hope to get something out of it because I have video of my “Trade history” which shows my very Big loss. I just wanted basic investment which triggered my move to Alsymeta, what I saw was quite exceptional to whatever I have seen before them. Vantage Markets is legitimate because of its multi-award-winning customer service, which you may contact by phone, email, or live chat.

In summary, Vantage Markets stands for a professional trading experience at low fees. Vantage stands for transparent trading on the financial markets. This can only be said of some brokers and is very difficult to recognize, especially for beginners. The strengths of Vantage Markets are transparent order execution and liquidity delivery. This means that the broker is connected to a network of large liquidity providers. The liquidity providers are transparently visible on the homepage.

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