Vantage Markets Review 2024

Vantage Markets is an award-winning and multi-asset broker that’s designed to give an effortless trading experience to help traders capitalize on market opportunities. With over 10 years of experience operating in the financial space, the platform has plenty to offer both as a broker and a trading ecosystem.

In our Vantage Markets review, we’ll be exploring the platform’s trading instruments, tools, account types, and other key features to help investors decide whether or not Vantage is the right platform for them.

Your capital is at risk.

Tradable Assets

The Vantage trading platform lets users open positions from over 1,000 trading instruments including ETFs. Just like how some of the best trading platforms support opening multiple trades for a diverse portfolio, Vantage Markets offers many tradable assets to provide different winning opportunities to investors. Here are some of the financial instruments supported on the platform.

Forex CFDs

Forex trading involves the price speculation between two currencies where a trader buys or sells one currency against another. These forex pairs are the base of exchange and are responsible for over $6 trillion worth of currencies being traded everyday.

Vantage Markets gives traders access to over 40 forex pairs from some of the most liquid and global forex markets. On Vantage Raw ECN accounts, forex spreads start at 0.0 pips and are usually as low as 0.1 pips for major pairs like EUR/USD, USD/JPY, and GBP/USD. Spreads will vary as market conditions change.

Commodities CFDs

One of the first things you’ll know when learning how to trade commodities is that commodities can be divided into two groups: hard commodities and soft commodities. Vantage offers traders both types of commodities from metals like gold and silver to farmed cocoa and cotton.

Users can open up to 500:1 leverage for gold and silver positions on Vantage Markets while other metals like platinum and palladium can be leveraged at 20:1. For all soft commodities, the maximum leverage available is 20:1.

Some of Vantage’s soft commodity contracts are the following:

• Cocoa-C (US Cocoa – Cash)
• Coffee-C (Coffee Arabica – Cash)
• Cotton-C (Cotton – Cash)
• OJ-C (Orange Juice – Cash)
• Soybean-C (Soybean – Cash)
• Sugar-C (Sugar Raw – Cash)
• Wheat-C (US Wheat – Cash)

Indices CFDs

Rather than trading individual companies, indices let investors speculate on the price movements of entire industries which also lets them take more diversified positions. At Vantage, users can trade the most popular indices such as SP500, NASDAQ 100, DJIA, and the FTSE 100.

Up to 500:1 leverage can be used when trading most of the popular indices on Vantage through both the MT4 and MT5 trading platforms.

Shares CFDs

As one of the more popular trading instruments, share CFDs are usually offered at low commissions which is exactly how Vantage Markets provides its stocks. Users can trade stocks of companies from the United States, Europe, and Australia including some of the best new stocks to buy. Up to 20:1 leverage can be used when trading share CFDs.

Your capital is at risk.

Vantage Markets Fees & Commissions

Vantage Markets has been able to offer its users plenty of value by keeping its fees to a minimum. Not only are there different account types to suit the different types of traders and their trading costs, but various non-trading fees are also low. 

Vantage Markets Trading Fees

Here is a table summary of the various trading fees with the Vantage broker.

Vantage Markets Non-Trading Fees

Currently there aren’t any internal fees when it comes to withdrawing and depositing in Vantage Markets . Fees that arise from transferring of funds usually come through the international bank and not the platform itself. Other fees like subscriptions or inactivity fees which other brokers often have are non-existent with Vantage.

Vantage Markets Trading Platforms

Vantage Markets account holders have a variety of trading platforms to choose from. Whichever platform an investor chooses all boils down to preference as each program has its own advantages and disadvantages. Here are the main platforms integrated with Vantage Markets.

• MetaTrader 4 – MT4 is one of the most popular forex trading platforms and is probably the most well known. It’s used by many brokers for its range of trading tools, speed in trade executions, and utility. One reason why users would choose to trade with MT4 is the ability to use trading bots like Expert Advisors (EA) that open positions without human intervention.

• MetaTrader 5 – Traders would choose MT5 over MT4 as its a faster and more upgraded version of its predecessor. Additionally, users of this platform enjoy a broader range of markets which include cryptocurrencies.  Furthermore, MT5 has more timeframes at 21 compared to MT4’s 9.

• ProTrader – Vantage’s ProTrader platform is a browser-based trading client powered by popular online charts website TradingView. Hundreds of well-established trading indicators combined with over 50 technical tools are available for the user for a more in-depth analysis at different market opportunities.

Notably, Vantage Markets also uses WebTrader, a trading platform that can be accessed via web browser to open both MT4 and MT5 accounts. The Vantage Markets app is another popular platform that lets traders gain access to global markets on the go. It is available on the App Store and Google Play store.

Is Vantage Markets User-Friendly?

Almost a year ago, Vantage Markets was known as Vantage FX and underwent a rebranding to not only establish itself as a multi-asset broker, but as an entire trading system as a whole. Today, the platform is much more inclusive and user-friendly which means it has lowered the barriers for new traders to enter.

From being able to create an account in just five minutes to giving access to a demo account to anyone without signing up, Vantage has completely put itself out there for traders of any skill level to use. 

The goal of the Vantage ecosystem is not limited to just giving users the opportunity to invest. Vantage Markets aims to be a place where traders can be better educated with the market as well as grow and connect with other investors. This is reflected in one of its more user-centric features which is the social trading or copy trading league.

Your capital is at risk.

Vantage Markets Charting and Analysis

Many brokers showcase all the charting and analysis features they offer, but Vantage Markets takes this one step further and has complete guides on the different trading tools under its belt. Smart Trader Tools is a package for MT4 and MT5 platforms under Vantage Markets accounts that shows some of the best tools to use for market analysis. Aside from a written user guide to these tools, an entire video guide is also available.

As learning and market education is one of the main goals of the Vantage Markets ecosystem, it’s no surprise that the platform has many different programs that give its users better insights. Vantage hosts live webinars with varying topics from market outlooks, trade setup guides, and live analyses.

Vantage Markets Account Types

There are three main account types to choose from at Vantage. These different account types stand to benefit different kinds of traders based on the level of experience, trading volume, and size of portfolio. 

Standard STP Account – For beginners, the Standard STP Account is recommended as the trading experience is simple, and positions can be opened without commissions. Standard STP Account holders can still use both MT4 and MT5 platforms with leverage of up to 500:1. Spreads start from 1.0 pip.

Raw ECN Account – More experienced traders will find a lot of value with the Raw ECN account type since these accounts have market access to more liquidity. These accounts do have commissions that start from $3.00 per lot per side but the upside to this is having extremely low spreads. When trading, Raw ECN Account holders can expect spreads starting from as low as 0.0 pips.

Pro ECN Account – The Pro ECN Account is tailored towards professional traders who are looking to trade in high volume. Account holders have access to some of the best liquidity providers that allow for the lowest spreads that Vantage Markets can offer. With just a $1.50 commission per standard lot per side, the Pro ECN account starts its spread at 0.0 pips.

Vantage Markets Payment Methods

Payment Methods are one of the most important features of any broker and can make or break the experience of its users. Even if a broker offers a wide variety of payment methods, the speed of transactions is also important for investors.  Vantage offers a wide range of payment methods which are mostly instant and are available 24/7. These payment methods include:

• Credit/Debit Card (Visa & MasterCard)
• Skrill/Moneybookers
• SticPay
• Neteller
• Broker to Broker Transfer
• Fasapay Deposit
• Bitwallet Deposit
• Cryptocurrency Deposit
• Astropay Deposit
• Perfect Money

Your capital is at risk.

Vantage Markets Customer Support

With Vantage’s goals of expanding as a trading ecosystem comes the broker’s commitment to good customer support. They offer 24/7 support in the form of live chats with agents and can offer calls for accounts depending on the case. From our Vantage Markets review, we found the live support to reply within minutes and answer our queries just as quickly.

How to Start Trading with Vantage Markets 

With all of the important features covered in this Vantage Markets review, let’s look at a step-by-step guide on how to start trading with Vantage Markets .

Step 1: Register with Vantage Markets 

Enter the Vantage site and click on the ‘live account’ button at the top right of the page next to ‘demo account’. Users will then have to fill in their details such as name, country, cellphone, and email. After this, the page will redirect to more online forms which require the user to fill up more KYC details such as address and occupation.

Step 2: Verify Account

After completely filling up the forms, Vantage registrants will be asked to verify their accounts with both Proof of Identity and Proof of Residency documents. The former can be a government ID such as a passport or driver’s license while the latter can be a utility bill, bank statement, or residence certificate. 

Step 3: Deposit Funds

Now that the account has been fully verified, users will have to deposit funds to their accounts before they can start live trading. All account types require a minimum deposit of $50. Vantage Markets offers several deposit methods such as: bank cards, wire transfers, Neteller, and more.

Step 4: Start Trading

Now that the account has been fully verified and funded, users can create a live account and start trading. Simply log in to the live account that was just created (either for MT4 or MT5) and use the login credentials to access the trading platform. From here, users only need to locate their financial instrument and open a position.

Your capital is at risk.

Conclusion

In many aspects, Vantage Markets has gone the extra mile to make a significant difference in the trading experience for its users. Aside from holding itself to one of the strictest regulatory and safety standards, the platform has also opened itself to operations in over 170 countries.

By prioritizing an effortless trading interface, good channels for market education, and a plethora of platforms to use, Vantage stands to benefit traders regardless of experience level. If you’re in the market for a secure yet high performance broker with some of the lowest spreads, check out Vantage Markets in the link below.

Your capital is at risk.

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