Everything you need to know about Vantage
Vantage asks for the lowest fee when it comes to Forex. In addition, the non-trading fee is also quite nominal, but is it worth the hype? Is it a scam, or is it real?
Today we will be reviewing Vantage FX, which has been widely popular as it is a trading platform that operates on a low fee and is affordable by everyone. But, most people consider Vantage FX a scam due to these low rates in terms of Forex and non-trading fee. However, we aim to understand all dimensions of Vantage FX to understand it is worth the hype or is it just a scam?
Vantage FX is one platform that serves international customers through Forex brokers. But, the question arises are these Forex brokers trustable?
We all know that Vantage broker is an International trading platform with International brokers and CFDs. Vantage FX has been operational since 2009, and it fulfills the customers' demands. The brokers of Vantage accept traders from all over the world.
Although Vantage FX provides scope for transparent trading, we can not say that all brokers are genuine on this platform, especially it is hard to determine if you are a beginner.
However, Vantage FX comes with advantages and disadvantages which will become a part of the discussion.
| Pros of Vantage FX | Cons of Vantage FX |
|---|---|
| + Vantage FX comes with a regulatory status as it has been approved by 1 tier and 3 tier jurisdictions.> | - The budget investors require an initial deposit of 20,000 $. |
| + It is an insured platform which is created for regulatory coverage. | - To gain access to trading tools an initial deposit of 1000 $ is required. |
| + Vantage is an integrated platform which helps to make this platform a Meta trader suite. | - To become an active trader you would need an initial deposit of 10000$. |
| + It also offers smart trade add-ons which becomes perfect for trading. | |
| + However, Vantage has also been ranked as the best Meta Trader Brokers. |
By evaluating the pros and cons of Vantage we can say that Vantage is a secure platform which works on the principles of trading which has been approved by authorities and regulatory. On the other hand, Vantage FX requires a sufficient deposit before active trading which is not affordable by everyone.
Yes, we can say that Vantage FX is trusted because it has been approved by 1 tier and 3 tier jurisdictions, which means it has been regularized. It also means that Vantage FX comes with average risk involving safe brokers.
We can say that Vantage FX is a market maker because it asks for low requirements compared to ECN brokers. However, market makers usually come with low rates because they target many traders. Similarly, Vantage has a low fee and low trading rates to involve more people.
It is important to discuss Vantage FX commissions and fees because we aim for a comprehensive review that will clear all your doubts about Vantage.
However, the trading costs usually depend on the type of account you open with Vantage. In addition you can open 3 types of accounts on Vantage which are as follows:
The best part about Vantage is that the account pricing falls similar to the average value in the trading industry, which means that the pricing is fair. We will explain them to you to better review and understand these accounts.
The standard accounts on the Vantage list spread of 1.22 pips on Euro or USD.
The RAW account on Vantage comes with average spreads of 0.15 pips and an additional commission of 3$, which makes it 6$ on round turns.
The best thing about the Pro account is the competitive price strategy. However, it offers a per side commission of 2$, making 4$ for round turns.
Most importantly, the active trader's account offers a commission from 2$ - 8$ on a standard lot. However, the smallest lot starts with 10,000 $, and it tends to require equity of 300,000 $.
The Vantage pricing strategy is as follows:
| Description | Vantage |
|---|---|
| Minimum Deposit | The minimum deposit for Vantage is 200$. |
| Spread Standard | Average spread is 1.22. |
| VIP discounts | Yes |
| Agency Broker | Yes |
| Market Marker | Yes |
One of the best and most convenient things about Vantage is that they offer trading apps that are easier to use, and even beginners can start trading by using their apps. Although you might experience ad interruption sometimes, it is worth it because it makes trading easier and hassle-free. These applications are available on the Play Store and Apple app store and are compatible with both operating systems.
Vantage comes with two mobile applications, which are as follows:
As discussed earlier, these mobile applications are easy to use and beginners can also start trading due to the simplicity of this application.
Vantage also allows charting for five frames and comes with great indicators. You can also tap on these charts to enter a full screen, and you can easily use multiple indicators at a time.
These applications are available on the Play Store and Apple app store and are compatible with both operating systems. You would not experience any lag or interruption except for ads in these applications.
One of the significant things you need to consider is trust and safety, however to ensure that Vantage is a trustable and safe platform you need to evaluate the licensing. However, Vantage FX is trusted because it has been approved by 1 tier and 3 tier jurisdictions, which means it has been regularized. It also means that Vantage FX comes with average risk involving safe brokers.
Customer support tends to be an important feature of Vantage, and they offer trusted support available 24 hours, making it convenient for the traders. You can easily enquire about an issue and learn why your withdrawals are delayed. It turns out to be a convenient and reliable application.
Here is a complete guide to get started with Vantage.
You can start trading with Vantage, but before that you need to look into the following things:
RAW ECN, Meta Trader 4, Meta Trader 5, unlimited demo accounts, Swap free, deposit, withdrawals.
Vantage offers the following instruments for trading:
Spreads and commissions, trading hours, swap rates, oil roll over, slippage, dividend adjustments, and corporate actions.
You will also find some promotions at Vantage such as refer a friend, active trader program, and deposit bonus.
Vantage FX also offers social trading which includes:
The best part of Vantage FX is that you can analyze the market with market news , also you can use the economic calendar and sentiment indicators for further analysis.
Not only this, you can now partner with vantage with introducing brokers, CPA affiliate programs, hybrid partners, and white label.
Vantage seems to be a perfect platform for trading because it offers different types of accounts that individuals can create without any hassle. We can also say that Vantage also comes with unlimited demo accounts where you can prepare yourself for trading.
Not only this, Vantage comes with two different applications compatible with android and IOS, making it a perfect choice for everyone. You will also notice that Vantage offers a complete learning suite where you can learn and analyze trading without a second thought.
We also believe that Vantage is not a scam because it is standardized by jurisdiction, and it won’t become a cause of fraud; however, you will find various brokers, and you need to analyze which broker will suit your requirements.
However, Vantage offers high-end security, and the brokers are also regulated with the help of higher authorities. In addition, all the client funds are kept in the Australian bank, which means that all your money is secure, and it reduces the chances of theft and fraud to a significant extent. We can also say that Vantage is one of the safest and secure platforms for trading.
You also need to follow some conditions if you want to start trading on Vantage, which is as follows:
Once you want to join Vantage, you would need an initial deposit of 200$, with other words: $200 minimum deposit, and then you can open an account of your choice, which includes the standard account and other accounts.
However, we can say that Vantage is a perfect and flexible platform which will reduce your trading hassle by using a simple application which comes with a user-friendly interface and complete guidance regarding to trading. It is a perfect learning platform for beginners which will help you earn a lot of money. The best way to get started with Vantage is to learn and then earn for the best response. You will certainly fall in love with trading experience Vantage provides because it is easy and convenient. The withdrawals and payouts are easy and are processed within business hours.
We will recommend that beginners test Vantage first with demo accounts so that you can pursue trading after learning it. You will also come across market analysis and news, which will help you predict future trends.
Now, let us discuss Vantage withdrawals. Vantage offers seamless payouts, and vantage withdrawals and deposits are quite similar and convenient. However, you will notice that withdrawals at Vantage are processed within business hours. In addition, the maximum time of a payout would be three days, the withdrawals would be processed within 24 hours, and the process would be quite smooth and seamless. As a beginner, you would not face any difficulty due to the easy interface and great user-friendly experience. Customer support tends to be an important feature of Vantage, and they offer trusted support available 24 hours, making it convenient for the traders. You can easily enquire about an issue and learn why your withdrawals are delayed. It turns out to be a convenient and reliable application.
We tried to highlight all dimensions of Vantage FX, and we can conclude and say that Vantage is legit and it is not a scam.
You may experience that the deposit terms are high, but all these deposits are secured and are deposited in the bank of Australia so that the users are aware of their money. Also, the chances of frauds and scams using this application are low because it is regularized platform and maintains a standard.
However, Vantage offers unlimited advantages and features which are as follows:
After evaluating all the features of Vantage FX, it is a perfect platform for traders and beginners. You will not regret using this platform because it comes with an exceptional secure suite that you will love. We have not found any feature which makes it a scam, so you can start trading without a second thought.
However, we will recommend you to use a different approach towards and Vantage and learn trading on the unlimited demo accounts, so that you do not face any lose.
Lastly, you can also conduct your research to be 100% sure before depositing your amount while creating a new account on Vantage. It is always a better option to research and then makes your decision for the best outcomes.
We hope that this guide will be a game-changer for your trading experience. Stay tuned for more updates regarding Vantage here. Get the best out of Vantage and start your trading journey from scratch. We can say that Vantage is one of the best multi-broker platforms that you can find in 2022!
So, get started today, and learn & earn!
Visit Vantage FX View Current Promotion