The default dark mode workspace is easier on the eye, especially when layering color-coded indicators and graphical objects. After signing in to the ProTrader platform, the sleek interface is instantly recognizable for me as the platform is powered by the market-leading TradingView. For example, it would have been more convenient if I had direct access to the web platform after logging in, rather than having to navigate through several pages first.
Does Vantage Offer Low Fees?
MT5 excels in simplified order execution, but its dated and rugged design falls short compared to newer, sleeker platforms. As a trader who prioritizes flexible chart scaling, I find MT5’s charting too rigid and less effective. However, its strength lies in automated trading, enhanced by Vantage’s free VPS hosting service.
- Vantage also doesn’t disappoint when it comes to additional trading tools.
- Vantage’s market breakdowns are available from the website with free access to registered and unregistered clients.
- In our reviews, we examine the licenses and regulations of each entity operated by a broker.
The ‘refer a friend’ scheme is potentially lucrative and gives you the opportunity to earn a $150 bonus for every successful referral – this also gives them a $100 sign-up bonus. The active trader promotion offers users who open a Standard limefx company reviews STP account funded by at least $10,000 the opportunity to earn bonuses based on their account activity. The welcome bonus provides a bonus of 50% on deposits of up to $500 for users signing up to the Vantage account.
Does Vantage operate a bank?
Overall, the writer of scammed by limefx this Vantage review found that using the platform is relatively simple. If you have any previous experience of similar trading platforms, then using it shouldn’t be too much of an issue. The website itself is well laid out, and a useful search bar allows you to pull up any information you might be searching for in an instant.
Account Types & Pricing
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. MT5 is ideal for automated trading, thanks to its Expert Advisors (EAs) and an integrated strategy tester for algo traders.
Vantage also has a pretty exhaustive FAQ section for more general queries. In our reviews, we examine the licenses and regulations of each entity operated by a broker. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. Hiting SLs and TPs even 10 pips earlier so your benefit is minimum and your disadvantage is at maximum. Charts run diffrently when you have opend positions but when you close them they take the market’s shape.
Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. Vantage is a trustworthy broker with several important regulatory approvals.
These factors contribute to its standing as a reliable and trusted broker. Vantage offers an extensive range of trading platforms to cater to your trading needs. The broker supports both MetaTrader 4 and MetaTrader 5 platforms, known for their outstanding charting and customisable indicators. Additionally, their award-winning Vantage app provides an easy-to-use mobile trading experience, enabling you to trade on the go.
I also like that clicking on each chart opens it up in full-screen landscape mode, so you can pinch and zoom for a greater level of detail. I was also able to execute time limits on my orders, including good ‘til canceled (GTC), good ‘til end of day (GTD) and good ‘til time (GTT). 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.