Traders can quickly open multiple order types, close individual or all orders, create templates for frequently used functions, quickly modify orders, set alarms and more. The alarm manager can be set to send you alerts and notifications of specific activities and also perform automated actions on your behalf. There are 6 types of alarms, alerts vis email, popup, sounds, SMS and twitter broadcasts.
It contains trading setups which can be used to compliment your own trading strategy. There is an inbuilt alert system to keep track of price movements and a built-in economic calendar to keep track of the latest financial news all within the platform. The MQL5 editor lets you programme your own custom indicators and automated trading strategies whilst multi-currency back testing on tick data is possible. I always like to see how a strategy may have performed in the past by running it over historical data.
- The broker protects client funds by storing them in segregated accounts that are kept separate from operational accounts.
- In addition to the MetaTrader 4 and MetaTrader 5 platforms, which have basically become industry standard by now, Vantage also gives you access to a proprietary Vantage App and a WebTrader app.
- Overall, the broker’s trading platforms operate flawlessly, and we did not encounter any issues when testing their functionality.
- It is simple enough for those of you who are novice traders whilst having enough advanced functionality for the more experienced traders amongst you.
- The MT5 web trader runs directly in most popular web browsers so you can access your account from any location at any time, provided there is an internet connection.
I like that I can follow multiple instruments at the same time with different strategy templates. It isn’t suitable for everyone and, in the case of Professional clients, you could lose substantially more than your initial investment. Past performance is no indication of future performance and tax laws are subject to change. The information in this website is general in nature and doesn’t take into account your or your client’s personal objectives, financial circumstances, or needs. Please read our legal documents and ensure you fully understand the risks before you make any trading decisions. 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.
Stock Trading
There is no need to sit around watching charts all day when you have a tool that will do all of the leg work for you. Libertex also have Trading Central if you want to consider an alternative option. If you sign up to one of their preferred VPS partners and trade a minimum of 10 standard lots per round turn per month then you are eligible for https://limefx.name/ the free VPS service. It is an invaluable tool that lets me run automated systems on multiple instances of the MT4 platform 24/7. The sentiment trader tool displays the current sentiment of Vantage traders on selected instruments. The AutoTrade service is an online FX trade copying platform with thousands of traders all over the world.
Other trading platforms
Once an inquiry has been submitted, Vantage conducts a thorough review before sending a detailed report to its users. No, Vantage is an ECN/STP broker, which means it sources quotes from several external liquidity providers with no dealing desk intervention. Vantage is trustworthy based on my thorough background checking and research. The broker’s global user base, strong regulatory oversight and collection of industry awards are reassuring. The firm also uses important safety measures including segregated client accounts.
$0 Commission
For newcomers, the design may feel a little dated compared to some alternatives, but in my experience, the look and feel of the platform is easy to get used to. I think Vantage could improve its market coverage by introducing Asian share CFDs from exchanges like the Shanghai or Tokyo Stock Exchanges. My only minor complaint is that the selection of shares is lighter than some brokers like CMC Markets. There are excellent diversification opportunities, especially the bond and ETF offerings, which aren’t available at many alternatives based on testing. Again, Vantage doesn’t charge any internal fees for withdrawals, which is a positive if you make regular withdrawals.
STP & ECN Forex Accounts – No Dealing Desk
Generally speaking, Vantage will not apply any additional fees, though this may depend on your bank. A full list of fees is readily available and easily accessed via the homepage – simply click on the payment options icon at the bottom right-hand corner of the homepage. In our experience, both deposits and withdrawals to the platform are processed quickly with minimal delay. Start trading your Vantage account from the world-famous TradingView style chart with the exclusive ProTrader platform. MT5 has 21 timeframes compare to MT4’s 9 timeframes as well as support for more order types and additional built in technical indicators for further market analysis. The netting and hedging position accounting system lets traders maintain full risk management control of their account.
Yes, Vantage offers a decent mobile app which offers access to account management features and trading tools whilst on the move. The application allows you to place trades, follow market news and create watchlists, but I learned that it isn’t the best for serious charting and limefx scam technical analysis. I like it when a broker gives us the choice as we all have our own strategies. The main differences between the accounts are the minimum deposits, spreads and commissions. Either way, the accounts are similar to what you will find from most brokers.
Vantage have teamed up with MetaQuotes to provide you with free access to a large number of MT4 signals. The MT4 trading signals will send you an alert when there is a potential trade opportunity on a specific trading instrument. These signals can be copied directly onto your trading account although you should be aware of the risks when copying other traders’ signals. This package from Vantage contains tools to improve your MT4 platform and take your trading to the next level. It is free to all traders who open a Vantage live account and deposit a minimum of at least $1,000.