FSCS protection is not dependent upon the depositor’s place of residence, but where the bank, building society or credit union holds the deposit. Vantage has no withdrawal fees for credit/debit cards and electronic wallets. The first international bank withdrawal each month is free of charge; all further withdrawals within the month carry a 20 currency unit fee ($20, €20, etc.). A bank transfer can take several business days, while payment with a credit/debit card is instant.

Then it’s just a case of choosing a trading platform, from MT4, MT5, and ProTrader. The reality is that all three of these platforms are aimed at intermediate to advanced traders. For those unaware of these platforms, they are used by hundreds of online brokers. MT4 and MT5 come packed with advanced features, including customized charts, bespoke order types, and technical indicators. What’s more, users can deploy automated trading robots via MT4 and MT5. Vantage Markets is also one of the best day trading platforms for cryptocurrencies.

Vantage Overview

The liquidity providers are transparently visible on the homepage. Large, well-known banks (HSBC, Bank of America, UBS, and more) are among them. I am Kevin Berry, an internationally recognized financial advisor. With my team, we provide independent reviews about online stockbrokers, financial funds, and other projects about investments.

Now that the account has been funded, the next step is to choose a suitable trading platform. We discussed the various account types earlier in this Vantage Markets review. Irrespective of where the trader is from, all Vantage Market clients must go through a traditional KYC process. This requires the client’s personal information and verification documents – including a government-issued ID. Multiple contact methods are available, including live chat. Additionally, Vantage Markets can also be contacted via telephone and email.

These are only required when upgrading to a real-money account. However, after upgrading to a full account, the demo account can be used without any restrictions. As we mentioned earlier, China Union Pay comes with a deposit fee of between 1.3% and 2.5%. While all other supported payment methods are processed fee-free. That said, withdrawals made with a debit/credit card are processed fee-free.

Great Trading App

THEN AGAIN they gave me ANOTHER ECN account with LDN server…. It was really riduculous experience and wasted so much time for such an easy request… CUSTOMER SERVICE BETTER BE IMPROVED..I have never had such a poor experience just to set up the account …

In case of significant problems, the support can access your computer via external software (Teamviewer). Vantage stands for transparent trading on the financial markets. This can only be said of some brokers and is very difficult to recognize, especially for beginners. The strengths of Vantage Markets are transparent order execution and liquidity delivery. This means that the broker is connected to a network of large liquidity providers.

According to their website, more than 900,000 customers are registered on their site. Don’t forget to read our full review on Лайм ФХ before you test it out. Another advantage of the broker is that there are no fees on the withdrawal. However, there may be fees charged by your personal bank for an international wire transfer.

• There’s even a handy search bar that clients can use to find answers to more complex queries.
• For Vantage Markets, the safety of client funds is essential.
• In addition, the broker asks you to verify the account with appropriate documents before the first deposit.
• Not only is Vantage Markets suitable for forex traders, but it also provides options for those looking to invest in commodities, stocks, ETFs, cryptocurrencies, and indices.

I often began to see negative reviews about Vantage Markets on the Internet. Vantage Markets can be a good broker only if you live in Australia or the UK. Once your account has been verified by Vantage Markets you can deposit funds into your account via a myriad of payment methods.

A trader can choose between Vantage Markets software and MetaTrader. Besides, the broker supplies both the fourth and fifth versions. Vantage Markets platform is not so popular, while MetaTrader is a Forex industry standard. You need to indicate your first and last name, contact details, place of residence, date of birth, number of identification documents.

How Long Does The Broker Work?

Moreover, the broker does not charge any fees for depositing funds in the platform. Finally, it offers a 50% deposit bonus to its users along with volume rebates and other rebates. Alternatively, Vantage Markets also offers a web-based platform called ‘WebTrader’, which integrates directly with clients’ MT4/MT5 accounts.

Vantage Markets offers a seamless account opening experience across both desktops and mobiles. But first, users will need to spend some time deciding which account to open. This can be confusing for beginners, considering the sheer number of accounts and pricing structures to choose from. Unlike many CFD trading platforms, Vantage Markets does not implement inactivity fees. First, the Cent account offers spreads from 0.0 pips and commissions of between $0 and $3. The commission varies depending on the pair being traded.

• 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.
• Additionally, there are dozens of languages to choose from such as Chinese and English.
• In the following section, we will introduce you to the features and functions of the trading platform.
• Investors are also allowed to hedge positions, adding to the strategy potential available through the Vantage services.
• The liquidity providers are transparently visible on the homepage.

While we were unable to locate your specific case, we wish to further discuss and resolve any issues as swiftly as possible. Beyond the in-platform functionality and education, the broker also provides dispute resolution services to its clients. Users are allowed to submit trade inquiries via the website in case of any dispute. Once an inquiry has been submitted, Vantage conducts a thorough review before sending a detailed report to its users. Vantage was conceived in 2009 and is currently owned and overseen by Vantage International Group Limited. At present, this online trading ecosystem is home to more than 130,000 active client accounts.

From low commissions and market-leading spreads to social and copy trading capabilities, it’s hard to find fault with this free trading platform. Hi Ashley, Thank you for taking the time to leave us your review. We are sorry to hear that you had a less than satisfactory experience with us.

Do note that while swap-free accounts do not attract overnight financing – wider spreads will be charged. Swap fees will limefx forex broker be payable on all positions kept open overnight. This is a form of interest that is paid when trading leveraged CFDs.

Unfortunately use to be good broker now…

This broker has also been regulated

by

ASIC, VFSC, CIMA and FCA. AM GLAD ABOUT THE SUCCESS STORY I GAINNED FROM https://limefx.biz/ FINANCE CHARGE BACK,A bunch of scammers. Until, I got some people involved(Finance charge back via google).

Alieto Guadagni has a doctorate in economics from the University of Chile. In 1993, Guadagni was appointed an official ambassador of Brazil. To conclude, this article has covered everything there is to know about Vantage Markets, highlighting why this broker is considered one of the top options for those interested in CFD trading. Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. In addition to Skrill, Neteller, BPay, Poli, credit cards, debit cards, and UnionPay transfers, Vantage Markets now accepts bank wire transfers, local bank transfers, and credit and debit cards.

For example, react to the go-to exciting market news or simply control your portfolio. Positions can be opened and closed in a few seconds via smartphone. Our main mission is to tell the truth about companies which offer people to make a profit from their investments and financial deposits.