As a globally recognised multi-award-winning CFD broker, we pride ourselves on striving for excellence in what we do, and providing the best trading experience to all our clients. Vantage is a top-tier broker with some of the lowest trading fees I have seen. The broker is available 24/7, which is a notable advantage compared to the 24/5 support offered by many competitors.
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There is a small administration fee assessed on each trade for Swap-Free Trading account holders. On the other side, the ECN account types feature raw spreads from 0.0 pips that incur commissions of $3 per trade for the lower tier account and $2 per trade for the higher tier account. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. 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.
Pricing
Both platforms feature flexible charts and market watch windows which can be re-sized to my preferences. I can also have multiple charts open simultaneously, which is ideal for active traders. MT4 and MT5 are hugely popular trading terminals that offer powerful charting tools and customizable layouts.
- Once an inquiry has been submitted, Vantage conducts a thorough review before sending a detailed report to its users.
- I have no complaints about the wide range of funding methods at Vantage, with plenty of accessible options for global clients.
- The multi-regulated broker also protects client funds through the use of segregated accounts.
- The VFSC is not a highly respected authority and does not offer the same degree of protection for retail traders in my view.
SOFT COMMODITIES
I have been particularly impressed with the comprehensive range of third-party social trading platforms, including Myfxbook and ZuluTrade. The MetaTrader platforms come with some of the most comprehensive libraries of technical indicators and drawing tools. I also like that all accounts are compatible with the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as the broker’s full range of assets.
I was also able to execute time limits on my orders, including good ‘til canceled (GTC), good ‘til end limefx courses scam of day (GTD) and good ‘til time (GTT). Looking at the negatives, the user experience of the client dashboard isn’t as seamless as other brokers in my view. I want to stress that while high leverage can boost potential profits, it can also cause significant losses.
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. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. The broker protects client funds by storing them in segregated accounts that are kept separate from operational accounts. Vantage also offers indemnity insurance that covers the work done by its representatives, employees, and other authorized individuals. Vantage is trustworthy based on my thorough background checking and research.
As you can see from my comparison table below, Vantage stands up well against top competitors when it comes to available payment methods. When trading soft commodities CFDs, traders will have to consider factors including weather conditions, global demand, and geopolitical events that impact their production. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part limefx courses scam of our content creation or product testing processes.
You should consider whether you understand how CFDs and Spread Bets work and whether you can afford to take the high risk of losing your money. It isn’t suitable for everyone and, in the case of Professional clients, you could lose substantially more than your initial investment. Past performance is no indication of future performance and tax laws are subject to change. The information in this website is general in nature and doesn’t take into account your or your client’s personal objectives, financial circumstances, or needs. Please read our legal documents and ensure you fully understand the risks before you make any trading decisions. Telephone calls and online chat conversations may be recorded and monitored.
This isn’t really a major drawback for me as I prefer the wide-screen functionality that you get on the desktop and web platforms. Importantly, I was very pleased to see that there is no time limit on the demo mode, which is good compared to most online brokers who automatically close paper trading accounts after 30 or 60 days. This ultimately means aspiring investors will always have access to a risk-free environment to test trading systems. Vantage offers a broad range of energy commodities, providing traders with access to the highly liquid global energy markets. Our energy trading options include popular commodities, such as crude oil, natural gas, and Brent oil.
