It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. According to its website, limefx reviews Vantage is founded on the values of accountability, transparency, reliability, integrity and trust. As such, it is quite clear that Vantage takes its regulatory obligations seriously, making this broker one of the safest around.
Best Forex Brokers in the UK for 2024
- As with other ECN brokers, Vantage FX uses top-tier liquidity providers (LPs) to ensure deep liquidity, fast trade execution speeds, and tight interbank RAW ECN spreads that start from just 0 pips.
- Vantage FX’s financial institutional partners calculate the daily released rates using risk-management analysis.
- Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.
- If you’re located in Australia, the UK, or South Africa, your account will be regulated by your country’s regulatory body.
We think you will agree that commissions with VantageFX are very good when you see our Commission Fees results. As such we may earn a commision when you make a purchase after following a link from our website. 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. Looking at the negatives, the user experience of the client dashboard isn’t as seamless as other brokers in my view.
Popular Forex Broker Reviews
Vantage gives users instant access to deep liquidity on the live currency markets across over 40 currency pairs. While quite limited when it comes to the more exotic currency pairs, all of the major currency pairs that you could hope to trade are covered. Generally speaking, the spreads on offer are very competitive and trades are limefx broker reviews executed incredibly quickly.
To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.
Other trading platforms
Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Beyond the tight spreads and commission, VantageFX is a relatively generic broker offering MT4 and MT5 with a good range of CFD trading products. Vantage FX allows traders to trade the world’s most liquid Stock Exchange indices — S&P 500, DAX, FTSE, DJ30, and more — through the MT4 and MT5 trading platforms.
Mobile trading
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. Trade forex currency pairs, one of the most traded financial markets globally. VantageFX offers Standard STP, Raw ECN, and Pro ECN accounts, each tailored to different trading needs with varying spreads and commissions. The firm offers MT4, MT5, and TradingView-based platforms, which in our opinion is exactly what the average retail trader should be using. The Vantage platform also has trading tools, such as the sentiment indicators which are graphics showing whether Vantage clients tend to be long or short in a particular market. Firstly, there’s MetaTrader4 (MT4), which is the industry standard work-horse software.
Domestic fast transfers are also available for those who are located in Australia. Additionally, Vantage also supports a number of electronic transfer methods, including Neteller, Skrill and FasaPay. Generally speaking, Vantage will not apply any additional fees, though this may depend on your bank. A full list of fees is readily available and easily accessed via the homepage – simply click on the payment options icon at the bottom right-hand corner of the homepage. In our experience, both deposits and withdrawals to the platform are processed quickly with minimal delay. Overall, the writer of this Vantage review found that using the platform is relatively simple.
