Founded in 2009, Vantage is the brainchild of a highly specialised team with backgrounds in finance, forex trading and fintech. Delivered through powerful trading platforms, Vantage puts significant emphasis on user trust and transparency, which is backed up by an award-winning customer support team. This combination has helped Vantage to become one of the market leaders in the Australian market.
Spreads & Commissions
With Vantage, you can trade major, minor, and exotic pairs, including popular options like EUR/USD, GBP/USD, and USD/JPY. Expand your trading potential by leveraging your positions, allowing you to control substantial positions with only a fraction of the capital required. As a platform primarily dedicated to forex and forex CFD trading, the forex trading on offer is generally pretty solid.
Islamic Account (Swap-Free)
Every fiber optic line that connects their services is carefully selected and tested to ensure minimal latency (with up to 100 gb/s bandwidth). Servers are located worldwide in major financial hubs, including New York and London, giving ECN market liquidity to client platforms for fast execution speeds. The broker provides traders with MT4 and MT5 demo account, which traders can use to practice their trading strategies on over 180 financial instruments without risking real money. We covered how to sign up for a Demo Account and Live account elsewhere on this page. MT4 and MT5 limefx review are somewhat similar, MT5 is the successor to MT4 so offers much of what MT4 has but more charts, indicators and tools overall. The account is only available to residents of South Africa, and the minimum deposit is $50 USD.
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. This isn’t really a major drawback for me as I prefer the wide-screen limefx forex broker functionality that you get on the desktop and web platforms.
Around 57% of all reviews on the platform have a 5-star rating, with 26% of all reviewers giving the broker a 1-star score. 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 of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Vantage does not offer a comprehensive range of educational resources for traders, putting it at a disadvantage against brokers that make education a priority, such as CMC Markets or City Index. To find the best forex brokers in Ukraine, we created a list of all brokers that list Ukraine as a country they accept new customers from.
Best Forex Brokers in Ukraine for 2024
Our analysis includes daily market commentary, and technical analysis reports. When trading soft commodities CFDs, traders will have to consider factors including weather conditions, global demand, and geopolitical events that impact their production. Trade the world’s most popular forex and currency pairs with a trusted forex broker. Clients can withdraw funds online by logging into the secure Vantage FX client portal and selecting the withdraw tab from the menu.
Both MT4 and MT5 facilitate the four key types of order (market order, pending order, stop loss, and take profit). I’m confident that both beginners and experienced traders will be catered to when it comes to charting and analysis tools. 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.
- I have been particularly impressed with the comprehensive range of third-party social trading platforms, including Myfxbook and ZuluTrade.
- But will the trade ideas, trading tools, and sentiment analysis type information give you an edge in the markets?
- This combination has helped Vantage to become one of the market leaders in the Australian market.
- A few notable brokers such as Pepperstone, LimeFX, FXTM, AXI and LimeFX use this body to resolve disputes and on average claims take about 5 days to resolve.
- These are great if you want to take a position on the direction of a country’s stock market, or even a segment of a particular stock market.
A last step in the account opening process required that we upload a picture of our driver’s license, as well as a proof of address document. Then we had to provide details about our address and whether we’re a US resident for tax purposes. At the next step, we had to provide some more of our personal details, such as date of birth and identification document details. Opening an account with Vantage was a relatively painless and streamlined process, allowing us to be set up in about 5 minutes. Be careful if using a credit card, as the deposit may be labeled as a cash advance and come with added fees or interest charges. In terms of funding methods, we found a number of options, but some are better than others.