Spread betting accounts do not have commission costs in addition to the spread. All-in-all, to keep it simple, for most traders, you’ll be choosing between a standard account and a raw ECN account and most of the time this will be the RAW ECN account. We took a look at the accounts VantageFX has to offer and like the fact they have a range of accounts for different trading styles. Of particular interest to us is the Cent Account since not many traders have this type of account (even if this is only available for traders in South Africa). Ross Collins, our chief researcher tested the Raw Account Spreads for 20 MT4 brokers for RAW-style accounts and found Fusion Markets and LimeFX limefx company reviews to be among the top choices for tight spreads. At this time, we haven’t tested the spreads with VantageFX ourselves but when we do, we will update this page.

There’s an easy-to-use economic calendar, which is very useful for staying up to date with announcements that could move the markets. In general, the customer service team seemed patient with the rather advanced questions we threw at them. If they didn’t know an answer off-hand, they would take a moment and then send us a bunch of information that would likely help us with our inquiries. These are via live chat on the website, via email, via phone, and by connecting with the company’s Telegram chatbot. There were also bond CFDs, allowing us to speculate on interest rate changes. It was very simple to bring up price quotes for products like the 10-year German government bond.

Index CFDs

For those who are looking to learn as they go, Vantage offers a dedicated Academy packed with market analysis articles, trading guides, platform tutorials and webinars. Serious algo traders will appreciate the virtual private server (VPS) which is available with a $1,000 deposit. In addition to copy trading features, Myfxbook Autotrade offers journal features where you can keep track of your trading history.

All withdrawal requests are processed via the payment method that was used to make a deposit. For instance, Debit/Credit Card withdrawal can only be used for accounts that made deposits using a Debit/Credit Card. One of Vantage FX’s VPS partners is ForexVPS, which allows users to simply log in to their servers through any stable desktop or mobile device. The broker offers access to ForexVPS free of charge for clients that have a minimum balance of $1000. This is unlike most financial firms limefx broker reviews that would charge a certain sum on trading accounts after a prolonged period of inactivity. This is because an equivalent trade on a zero spread account with Fusion Markets will incur a $4.50 commission per round turn, which is, at present, among the most competitive offers within the industry.

Best Forex Brokers Ukraine

Vantage FX offers ECN spreads for the Raw ECN and Pro ECN account types, but the Standard STP account has marked-up spreads. The commission fees are competitive, and there are no additional fees on top of overnight financing charges. 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. I recommend the Raw ECN or Pro ECN accounts, as these offer ultra-tight spreads. The availability of the MetaTrader platforms and VPS also means that active day traders using automated systems are catered for. Looking at the downsides for day trading, execution speeds at Vantage aren’t the fastest.

Bonuses & Promotions

The application allows you to place trades, follow market news and create watchlists, but I learned that it isn’t the best for serious charting and technical analysis. Energy commodities are some of the most important commodities in the world because they are used to power the economy. Vantage FX allows you to trade the energy markets via the MT4 and MT5 trading platforms. The CFD broker offers the most popular energy commodities, such as crude oil, natural gas, gasoline, and heating oil, allowing you to take advantage of fluctuations in the prices of those commodities.

You can invest in the likes of Tesla, Netflix, Meta, and other listed companies through shares CFD. Get access to international share markets including US, Europe, Australia and Asia. Trade gold and silver, the world’s most popular precious metals, which have historically been used as a hedge against inflation and a store of value during uncertain economic times.

Learn to Trade

1. 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.
2. Of particular interest to us is the Cent Account since not many traders have this type of account (even if this is only available for traders in South Africa).
3. The deposit options are especially good for traders in Australia, with a number of instant or completely fee-free options.
4. Just a couple minutes after we’d started the process, we were picking our desired currency to keep our account in, and the specific account type we wanted to open.
5. However, payments to and from overseas banking institutions may attract intermediary transfer fees from either party independent of Vantage FX.

For traders in Australia, you should strongly consider using Vantage’s raw ECN account as commission rates are extremely competitive. We looked through the company’s trade ideas articles which largely had generic market information with some basic technical analysis for certain CFDs and currency pairs. There are mini-course-like articles that offer an introduction to forex trading and information like how to set up the MT4 trading platform.