✅You will be taken to an online application form where you may enter personal information such as your complete name, email address, country of residence, and phone number. Indeed, they are licensed by several authorities, including ASIC in Australia and the FSCA in South Africa, ensuring a safe trading environment. Overall, they are considered a low risk, with an overall Trust Score of 90 out of 100. This broker is licensed by two Tier-1 Regulators (highly trusted), one Tier-2 Regulator (trusted), zero Tier-3 Regulators (average risk), and one Tier-4 Regulator (high risk).
What are the conditions for Traders of Vantage Markets?
Based on our research, based on our conclusion they are a trustworthy multi-asset broker that provides a range of account options to suit various trading styles. Having more than ten years of experience, their main focus is on transparency, operational efficiency, and competitive features. In addition, commissions, margin calls, and leverage may vary depending on account type and location. The broker advises traders to understand their account conditions and follow all trading requirements. They charge traders a currency conversion fee when they use a different currency than their account base currency, covering the cost of changing deposits or withdrawals.
- Depending on the chosen withdrawal method, it may take 1-7 business days to receive your funds.
- A VPS uses an external server to manage your trading connectivity ensuring that the MT4 platform is running 24 hours a day and is not subject to downtime caused by electrical or computer problems.
- This means there is no conflict of interest between the broker and the trader.
- Both regulators require brokers that they license to comply with KYC (Know Your Client) and client protection protocols.
Pros and Cons
My only minor complaint is that the selection of shares is lighter than some brokers like CMC Markets. It’s also good to see that bank transfers, cards and some e-wallets are fee-free. As for licensing, I’m glad to see that many clients will be registered under tier-one-regulated entities.
What are the typical spreads for major forex pairs at Vantage Markets?
January 2024 they introduced the new social trading from Pelican called Vantage Plus. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
Bonuses & Promotions
Trading conditions always come first as far as value is concerned, and Vantage have quite a solid thing going in this regard. Its execution speeds are said to be superb as well as is its market coverage. Its execution speeds are said to be superb as well as is its market coverage (it includes several cryptocurrencies in addition to the regular lineup of tradable assets). In addition to that, the site delivers a few other reasons why one should trade there, in a special section. Another such problem was that Vantage allowed the famous fraudster to act as an IB for the operation for some time, although he was warned about this.
Contacting customer support
We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. This service is an absolute train wreck, they’ve totally screwed up my finances and are somehow holding onto my money. If you’re into dealing with chaos and empty promises, then go right ahead.
The information to be included ranged from basic address details to information about how much trading experience new users have and the source of funds that will be used to trade the markets. A quick look at their Trustpilot page shows that the company is known for losing customers’ money. There are also claims of unethical behaviour from their admin staff and accounts of people ceasing trading on their platforms due to concerns of suspicious activity. The company is known to pay for negative reviews to be removed on the site Forex Peace Army, which has aroused suspicions that the positive reviews being placed on their site are in fact fake. It offers a portfolio of strategy providers verified for high-performance standards.
Vantage has built a decent foundation for a new mobile trading application with its Vantage App. However, I am not a fan of the ads, and it is still a long way off from competing with the best mobile apps in the industry. It’s not very often I feel compelled to write a review however the service that I have been receiving from vantage, specifically Anai has been nothing less than outstanding.
The analysis of “Vantage broker review” segments across several platforms indicates a recurring pattern of conduct that traders should exercise prudence against. Vantage additionally provides their clients with a variety of useful trading tools. Some of the tools made available by Vantage include trading signals, market news, trade analysis and much more. MT5’s addition of a two-position accounting system (netting and hedging), allows traders to maintain full risk management control of their account, in their own way.
Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive limefx forex broker research and decades of collective experience covering the forex industry. The range of available markets at Vantage will depend on which entity regulates your account.
On request, however, self-programmed tools can also be added to the software. The broker is regulated by the Australian regulator ASIC, the Cayman Islands Monetary Authority CIMA, and is audited by KPMG (auditing firm). Vantage Markets is an international Forex broker, with headquarters in Australia, and offices in three other countries. They are licensed and regulated in Australia by ASIC and in United Kingdom by the FCA.
Vantage Markets (or Vantage) is an award-winning multi-asset broker offering clients access to trade CFDs on Forex, Commodities, Indices, Shares, ETFs, and Bonds. With over 13 years of market experience and regulated in multiple jurisdictions, Vantage provides a trusted trading ecosystem that empowers clients to seize trading opportunities. I can tell that the bad reviews are from the ones that support different brokers, my experience instead is really good, really easy to use, user friendly and had no problems until now. No matter how much money you make they will pay and the withdrawal usually takes like 2 days no matter how much it is.
My favorites are the Market Buzz AI news tool and the Analyst Views feed with live trade set-ups. The platform’s social trading features allow you to build a following and earn commissions on copied trades. I https://limefx.biz/ found that there are five levels (Explorer to Legend), with better returns as you attract more traders. The broker’s proprietary copy trading platform is ideal for copy traders looking for additional perks.