Licensed to operate in Australia under Vantage Global Prime Pty Ltd, Vantage is an ASIC-regulated broker. Credit/debit cards, BPAY, POLi, JCB, China Union Pay, Neteller, Skrill, AstroPay, Broker to Broker, FasaPay. The funding methods’ availability depends on the selected account currency and contracting entity. Your account will not be charged an inactivity fee if it remains dormant. However, ASIC can provide advice and assistance to Australian customers.
It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check https://limefx.name/ if MAM accounts are available with Vantage FX or LimeFx or alternative. Trading on your mobile with Vantage FX and LimeFx can be very useful. If you are not near your desktop computer, you will probably be near and have access to your phone and Vantage FX and LimeFx mobile trading apps.
These are important factors to bear in mind when selecting a trading platform because they help to keep your trading costs as low as possible. Besides being able to select between a dummy (practice) and a live account, traders may open an individual standard or RAW ECN account. Other account options include joint accounts, company trading accounts and Trust trading accounts (either as individuals or as a partnership).
Hi I have requested withdrawal of…
Vantage is primarily a forex broker with some CFD and cryptocurrency instruments. In addition, you can also open swap-free or Islamic STP and ECN accounts. In the case of swap-free accounts, if you hold your leveraged position overnight, instead of overnight interest you are charged an administrative fee. To read much more details about the broker’s services and features, expand on the sections below.
They should improve in the swiftness of deposit and withdrawal. It is the brand name of the Vantage International Group which is regulated by the Cayman Islands Monetary Authority (CIMA). Before it is known as Vantage Markets as today, they used to be MXT Global in 2009 and Vantage Markets Pty LTD in 2015. This broker has also been regulated
ASIC, VFSC, CIMA and FCA.
– In this review, you can read about my personal experiences with the leveraged derivatives online broker. Find out about the conditions for traders and find out if investing your money there is worthwhile. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. When it comes to non-trading fees, Vantage offers very competitive fees including no deposit or withdrawal fees, as well as no inactivity fees. It is important to note that when it comes to withdrawing money from your account it needs to go to a bank account in the same name as your verified Vantage Markets trading account.
A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.
Hi Antonio, thank you for leaving us with your feedback and we are delighted to hear that you have had a positive experience with us. Should you need any further assistance, we invite you to contact us via phone, live chat or email at Dear Matthew,Thank you for taking the time to leave us a review and for recommending us, we truly appreciate it! We’re happy to have you with us and are glad that you are enjoying our services.
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- A day’s chart includes technical insights, overnight headlines, the day ahead, and key takeaways from major economic events.
- Spreads remain consistently low, starting at 0 pips, and commissions are just $1.5 per round turn lot traded.
There are also social trading platforms such as MyFXbook and Zulutrade. Vantage FX is a forex and CFD broker regulated by the Cayman Islands, Australian financial authorities and the Vanuatu Financial Services Commission. Vantage’s non-trading fees are very favorable (e.g. there is no inactivity fee). Opening an account at Vantage is a very rewarding experience as the process is super fast (less than 5 minutes) and fully digital. The broker offers a great variety of deposit and withdrawal options, most of them free of charge.
Since you are trading virtual funds, there is no risk involved, but you can replicate a real trading environment. In addition, there is no obligation to make a real deposit, so it’s a great way for new limefx review traders to learn a platform. Many respected organizations and publications recognize Vantage as a premium forex broker. The company has achieved several awards in different categories due to this.
Users can access more than 1000 forex, commodities, indices, and share CFDs from the comfort of their own homes. Moreover, keen forex traders can identify global market volatility with daily forex signals. Vantage FX and LimeFx offer low deposits and access to a selection of market insights and news resources.
Social Copy Trading
Before we conclude the article, we would like to introduce you to the alternatives to Vantage Markets in case you feel like you need a different fit for you. There are enough drawing tools available for technical analysis. In this software, you will find everything you need to perform a professional analysis. Also, additional add-ons or indicators can be added to improve the charting.
- Still, you can only expect some supported languages from an Australian broker.
- Vantage FX allows retail traders to trade the following assets Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing on the Vantage FX MT4 trading platforms.
- Traders looking to get started with Vantage Markets can create an account in minutes using the platform’s fully-digital sign-up process.
- A bank transfer can take several business days, while payment with a credit/debit card is instant.
Clients can trade using MT4 and MT5 through a desktop app, mobile app, or the dedicated ‘WebTrader’ browser platform. This means clients can benefit from a minimum trade size of just 0.01 lots and use up to 21 timeframes on MT5. There’s even scope to use ‘Expert Advisors’, which can automate the trading process.
Official laws are always subject to specific criteria and rules that a broker must adhere to. In case of violation of these rules, an immediate withdrawal of the regulation and license threatens. The regulation thus creates a high degree of trust between the trader and the broker.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Both Vantage FX and LimeFx do offer clients limit orders. Both Vantage FX and LimeFx do offer clients stop losses. Have you ever heard of the expression ‘to hedge ones bets’? Hedging means not speculating solely on
the outcome of one event, as holding all your assets in one place could be risky.
As a beginner, you will find a lot of material in the form of a course, ranging from market terminology to technical and fundamental analysis. On the Vantage website, traders can access the Daily Market Update. A day’s chart includes technical insights, overnight headlines, the day ahead, and key takeaways from major economic events.
Click on the instrument, and an order box will appear, in which you can choose your order type, set your LimeFx amount, and create a stop-loss/take-profit level. Once you’re happy with everything, confirm the position, and the trade will be executed immediately. All payment methods are free to use, apart from China Union Pay, which is accompanied by a 1.30%-2.50% fee (based on the deposit amount). Some methods, such as Skrill and Neteller, may have costs that the provider itself charges. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.
The broker is duly registered in Vanuatu as recorded in VFSC website. The customer service representative is a little bit late in their reply but that’s alright as they might have too many clients to attend to. Those talking about not taking money probably are scammers and those that dont comply with AML… Vantage Markets is a brokerage company offering trading services for clients
Australia, Vanuatu, Cayman Islands and United Kingdom.
Demo trading accounts are a big plus for Vantage FX and LimeFx as it shows they are interested in their customers. Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively. Conversely, when the market takes a downturn, it can be disastrous for your LimeFxs. The most effective LimeFx portfolios cover potential risks and encompass many businesses and stocks. The Vantage FX online trading platform gives traders from all over the world access to over 247
financial instruments including over 2,250 available instruments.