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 executed incredibly quickly. Vantage is a no-dealing desk trader and offers STP and ECN forex trading accounts. To compare the trading platforms of both Vantage and VT Markets, we tested each broker’s trading tools, research capabilities, and mobile apps. To compare the limefx courses scam trading platforms of both Pepperstone and Vantage, we tested each broker’s trading tools, research capabilities, and mobile apps. Gain instant access to the world’s most liquid Stock Exchange Indices through your MT4 and MT5 trading platforms.
Amazing Customer Support
The MetaQuotes WebTrader platform for MT4 and MT5 offers clients a robust method to trade directly from their browser, and it’s compatible across Windows, MacOS, and Linux operating systems. The MetaTrader 5 platform (MT5 platform), is the next generation of Forex trading platform to roll off the production line at MetaQuotes. MT5 is the direct successor the most well known and most popular Forex trading platform, MetaTrader 4 (MT4) and to take your Forex trading to the next level, you need to make the upgrade too. Whatever your market of choice, the correlation between FX markets and stock Indices is powerful. Enhance your trading capabilities and possible even improve your trading success rate by gaining exposure to these markets.
Is Vantage Good For Day Trading?
The MetaTrader 4 Platform (MT4) is the most popular online Forex trading terminal in the world. With one simple MetaTrader 4 login, you will be able to access your MT4 trading account anywhere, anytime. By providing traders fast and stable access to their FX trading accounts, this assures they have access to their MT4 trading account when an opportunity arises. Vantage is considered a leader in implementing smart Forex trading solutions.
Popular Forex Guides
The platform’s social trading features allow you to build a following and earn commissions on copied trades. I found that there are five levels (Explorer to Legend), with better returns as you attract more traders. As with many other mobile apps I’ve tested, you cannot run any detailed technical analysis in the Vantage app since it doesn’t offer any indicators or drawing tools.
It’s easy to access all options from the client dashboard under the ‘Downloads’ tab. Another thing that stands out for me is the level of customizability that I get with the MetaTrader suite. Both platforms feature flexible charts and market watch windows which can be re-sized to my preferences.
Additional account options include joint accounts, company trading accounts and trust trading accounts (either as individuals or limefx reviews as a partnership). There are also professional accounts with increased leverage, but fewer safeguards. 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 can deposit using bank wire transfers, credit/debit cards and e-wallets such as Skrill, Neteller and AstroPay.
- After signing in to the ProTrader platform, the sleek interface is instantly recognizable for me as the platform is powered by the market-leading TradingView.
- The VFSC is not a highly respected authority and does not offer the same degree of protection for retail traders in my view.
- 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.
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. Since both platforms are strikingly similar, I found it useful to compare them side by side in the categories below. The $1.50 commission per side per lot in the Pro ECN account is particularly competitive, though note that this comes with a $10,000 minimum deposit and is therefore best for active, high-volume traders. Based on my tests during normal trading hours, the Standard Account offers an indicative spread of 1.4 pips on the EUR/USD, which is reasonable though not the lowest. With that said, the commission-free trading model will serve new traders looking for straightforward pricing.
All information on The Forex Geek website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold The Forex Geek and any authorized distributors of this information harmless in any and all ways. You can get daily market updates from the brokers website with charts and technical/fundamental analysis to help inspire trade ideas. Learn to trade forex with tutorials and courses in the Vantage trading academy which is free to access from the brokers website.
Can I trust Pepperstone?
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. Gain access to the Vantage cloud based, original MetaQuotes WebTrader Platform. Gain fast and stable access to your MT4 & MT5 trading account from any web browser window wherever you may need to manage trades from. While retaining the familiar look and feel of MT4, MetaTrader 5 truly is a next generation Forex trading platform. Trading on MetaTrader 5 with your Vantage account can help you to gain your trading edge.
ProTrader Tools
Whether you’re in your heated home trading from your desktop PC, or you’re driving in the car that is literally fuelled by the energy market that you’re trading, with Vantage you never have to miss an opportunity. Energy traders take advantage of fluctuations in the price of a certain specialised set of commodities markets such as oil, gas, gasoline and heating oil. Vantage offers its own proprietary trading app, alongside the standard MetaTrader suite of mobile apps. Vantage has built a decent foundation for a new mobile trading application with its Vantage App.
The firm also uses important safety measures including segregated client accounts. The competitive pricing in the ECN accounts, additional tools and the rebate scheme also make Vantage a good option for more experienced, high-volume traders. In addition, the VPS and access to the MetaTrader software will serve algo traders. Similarly, ProTrader users can also access a range of tools for just a $200 minimum deposit, making this a more accessible option for newer traders looking to upgrade their package. My favorites are the Market Buzz AI news tool and the Analyst Views feed with live trade set-ups.
Looking at the negatives, the user experience of the client dashboard isn’t as seamless as other brokers in my view. I was pleased to find no deposit or withdrawal charges, keeping costs down. There are also no inactivity fees, which is a bonus for casual investors.