WikiFX Reviews Vantage in Depth

In this article, we'll look in-depth at Vantage, examining its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX aims to provide you with the information you need to make an informed decision about using this platform.

Background:

Vantage or Vantage Markets, is a brokerage firm based in Sydney, Australia, established in 2009, previously operating under the name MXT Global. Currently, Vantage is a member of Vantage Global Prime Pty Ltd.

Vantage serves over 50,000 active trading clients globally through its operations in 172 countries, which include more than 30 offices and 1,000 employees.

Vantage has increased the number of CFDs it offers, and it now offers up to 57 currency pairs, 26 global indices, 51 ETFs, 22 commodities, and 800+ share CFDs.

Residents of certain nations, including those in Canada, China, Romania, Singapore, the United States, and nations on the FATF and EU/UN sanctions lists, are not eligible for Vantage services.

Types of Accounts:

Vantage offers 3 different types of accounts with up to 1000x leverage, while spreads start from as low as 0 pip. The minimum amount required to open an account with Vantage is $50 with $0 deposit fees. This applies to all of the accounts. Swap-free Islamic accounts are also available for Muslim traders upon request.

Deposit and Withdrawals:

Vantage provides a range of deposit and withdrawal options to its customers, including bank transfers, credit/debit cards (Visa, Master, M, AstroPay), e-Wallets (Neteller, Skrill, fasapay), UnionPay, etc.

Australian Dollar, US Dollar, Euro Dollar, British Pound Sterling, New Zealand Dollar, Singapore Dollar, Japanese Yen, and Canadian Dollar are among the base currencies that Vantage customers may deposit money in.

There are no commissions or handling costs associated with the deposit or withdrawal processes at Vantage. However, any transaction costs or commissions levied by a third-party payment system provider should only be covered by the user.

Trading Platforms:

Vantage provides a range of trading platforms, including:

• Vantage App: This is the carefully curated mobile app from Vantage, which offers both iOS and Android users a comprehensive and user-friendly trading and investment platform.

• Vantage ProTrader Platform: Leveraging TradingView technology, the Vantage ProTrader platform gives all users access to hundreds of the most widely used indicators, more than 50 technical drawing tools, and a full suite of tools for performing in-depth market analysis, including the most well-liked trading systems and strategies. Users of the Vantage ProTrader trading platform can gain access to a number of technical oscillators and indicators.

• MT4 trading platform (PC, mobile, web): This is the most common trading platform within the industry. By using the Vantage MT4 trading platform, traders can take advantage of the global forex market, achieve a steady and continuous increase in trade execution speed, and obtain transparent quotes for a variety of trading products.

• MT5 Trading Platform (PC, Mobile, Web): Users trading on Vantage's MT5 platform can activate all EA and trading signals, as well as use the hedge position feature.

• Beyond the Signals market on MetaTrader, Vantage provides a selection of three social copy trading platforms. This trio of auto-trading platforms consists of ZuluTrade, DupliTrade, and Myfxbook's AutoTrade (please note that these platforms are not accessible in Australia).

WikiFX also verified the stability of Vantages trading environment:

Research & Education:

Vantage's Learn Forex Trading section offers a comprehensive educational experience comprising 37 detailed learning modules. Alongside platform tutorials, Vantage offers an extensive video library, consisting of more than 130 videos from Trading Central's Pro Trader series. This content caters to a broad audience, from beginners seeking brief introductory clips to those interested in more in-depth exploration of advanced forex and CFD concepts across various markets, including cryptocurrencies.

Furthermore, Vantage maintains several YouTube channels, each housing an extensive collection of instructional videos conveniently organized into dedicated playlists. Additionally, Vantage consistently produces and shares multiple webinars each week, among which are its “Masterclass” videos, covering a diverse array of trading topics.

Customer Service:

Vantage provides round-the-clock customer support in multiple languages through email at support@vantagemarkets.com, web forms, live chat and phone (+1 345 7691640).

Conclusion:

To summarize, here‘s WikiFX’s final verdict:

WikiFX, a global forex broker regulatory platform, has given Vantage a WikiScore of 8.55 out of 10, indicating that it is a highly reliable broker in the forex trading industry.

WikiFX has also verified the legitimacy of the licenses that are held by Vantage.

WikiFX visited the business premise of Vantage in Australia and found that it is indeed legitimate.

In conclusion, Vantage is a good and safe choice for traders.