The welcome bonus provides a bonus of 50% on deposits of up to $500 for users signing up to the Vantage account. Vantage clearly takes customer satisfaction and loyalty very seriously, as these bonus schemes are among the best we have come across. In particular, it’s great to see Vantage offering promotions and bonuses for both new and experienced users of the platform.

Best Forex Brokers in the UK for 2024

To measure the quality and speed of customer service at Vantage, I tested the live chat feature by asking several trading-based questions at different times of the day. I received helpful and friendly responses to my queries within 1 minute limefx forex brokers reviews each time. The broker is available 24/7, which is a notable advantage compared to the 24/5 support offered by many competitors. Experienced traders will also appreciate the free forex VPS, as well as various advanced plugins for the MetaTrader and ProTrader platforms.

While the broker’s research and educational offerings continue to expand, Vantage has a ways to go if it wants to compete with the best brokers in those categories. The SSMCS was established in 1995 and is responsible for monitoring state regulation of securities and the stock market. For a historical breakdown, here’s a link to the National Securities and Stock Market Commission webpage on Wikipedia. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.

Pro ECN Account

It is important to note that between 74-89% of retail investors lose money when trading CFDs. These products may not be suitable for everyone, and it is crucial that you fully comprehend the risks involved. Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. Yes, VantageFX provides a free demo account with virtual funds, allowing traders to practice and refine their strategies without risking real money.

Before you trade, AskTraders.

1. The fees you get charged on trades will vary depending on which of the three account types you have, with the Standard STP account offering zero-commission trades.
2. If you’re just starting out, or you only going to take the occasional trade, the standard account is probably right for you.
3. We think you will agree that commissions with VantageFX are very good when you see our Commission Fees results.
4. With this in mind, I think ProTrader terminal is a better choice for intermediate traders or those who aren’t interested in exploring automated trading features.
5. The amount of leverage that you’re offered depends on a number of things including which product you want to trade, your account type, and which government body regulates your particular account.

I was able to access convenient account management features, as well as trade monitoring. As for accessibility, I’m pleased to see that Vantage offers both the web and desktop versions of the platforms. It’s easy to access all options from the client dashboard under the ‘Downloads’ tab. 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.

With Vantage FX, you will enjoy the benefit of super-fast trade execution and interbank grade RAW ECN spreads with no dealing desk intervention. The broker offers institutional trading conditions to retail traders, operating a true ECN/STP model of execution that offers transparency and helps to build trust. As with other ECN brokers, Vantage FX uses top-tier liquidity providers (LPs) to ensure deep liquidity, fast trade execution speeds, and tight interbank RAW ECN spreads that start from just 0 pips.

Again, Vantage doesn’t charge any internal fees for withdrawals, which is a positive if you make regular withdrawals. It’s also good to see that bank transfers, cards and some e-wallets are fee-free. As for licensing, I’m glad to see that limefx official site many clients will be registered under tier-one-regulated entities.