Opening an account with Vantage FX
Setting up and funding a forex trading account is quick and easy with Vantage FX, typically completed in under 5 minutes. All accounts offer leveraging of up to 500:1, giving clients the access to the industry standard of leverage. Vantage FX do not have a minimum deposit to open or maintain an account, and typically leading brokers have no minimum deposit for opening an account. They have a clean and easily navigated website, that is very transparent about their fees, regulation and cost structure.
What Do They Offer? Vantage FX Broker Review
Vantage FX offer 13 different deposit methods and accept deposits in 8 base currencies, and do not charge any fees for deposits and withdrawals. They offer a number of instant transaction methods such as credit card withdrawals/deposits, Fasapay, or Paypal across USD, AUD, GBP, EUR, and CAD as well as numerous other base currencies.
Vantage FX has high quality service, with call support teams active 24/5, live chat support and email support. 24/5 client support is the industry standard, and Vantage FX is certainly an industry competitive forex broker with their customer support.
Vantage also support their clients in trading with a variety of institutional smart trader tools, such as a correlation matrix, a session map, MT4 mini terminal and alert manager. These smart trader tools offer traders an additional edge in the markets. In addition, Vantage FX offers clients trading signals via email, providing trade ideas for their traders to improve their profitability. Vantage also offer education articles, from forex basics to analysis and psychology.
As previously mentioned Vantage FX offer an impressive product portfolio. They provide access to markets across Forex, indices, energy, soft commodities, metals, US share CFD’s and HK Share CFD’s.
Vantage also offers extreme precision on trade execution with up to 100gb/s bandwith, minimizing slippage for traders.
Cost Of Trading With Vantage: Vantage FX Fees, Spreads and Commission
The industry standard commission is $3.5 per side, per lot. Vantage FX is industry leading with commissions of only $3 a side. Whilst saving only $1 a round trip per lot doesn’t sound like a big deal, it is essential for traders to minimize their costs to improve their profitability in the financial markets. Whilst being an industry leader with their commissions, Vantage is also a leading broker with their low spreads, offering spreads from 0.0. Vantage FX is one of the lowest trading-cost Forex Brokers on the market. In addition, Vantage have no hidden fees, and are very transparent about all costs of trading with them. Considering the friendly price tag it is clear the see why Vantage FX is one of our top 5 brokers.
Our experience with Vantage FX was very positive. We were impressed with the lower commissions and range of tradable products specifically. We found the live spreads to be market competitive, and trading conditions to be of good quality. Overall we were highly impressed with trading conditions, the website and customer support.