Vantage FX Review

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4.5/5
Leverage up to 1:500
$250 Minimum deposit
Perfect for knowledgeable traders
OPEN ACCOUNT *Risk is involved with all trading actions
Pros
  • You can choose between different cryptos to trade
  • The app is user friendly
  • This robot works very well in both desktop and mobile devices
  • Organizations regulate it
Cons
  • Fees can vary depending on the currency you use
  • Some people have limitations when they access its features

Ever since Vantage started, it has quickly grown to be one of the brokers that changed the narrative for traders. Anyone who wants to change the direction of their investment journey can give it a try and see if it works for them.

It’s an immensely user-friendly platform with various options, which has made it the favorite of many traders. Organizations regulate the app, and on its website, you can check all its legal documents if you want to feel sure of what you’re working with.

Even though Vantage might sound like the ideal app for you right now, it’s likely that you won’t know until you evaluate all its features, and that’s what this guide is for. It helps you learn why it’s a one-of-a-kind app and whether or not it’s the one you should use.

Is Vantage a Good Option for you?

Thinking ‘Can I trust Vantage?’ is completely normal because there are numerous options out there, and some advertise being the perfect solution for all your trading needs but are actually not helpful at all. Having a small degree of skepticism is healthy, especially considering that you’re using your funds to possibly change your future.

On the one hand, Vantage has numerous positive reviews, and many people know this broker. In fact, its website mentions that it’s much more than that because it brings communities together, especially when you want to improve as an investor.

The website itself is intuitive and very appealing to the eye, and it offers essential information you might want to know, such as the legal documents that regulate the app. All of this is crucial if you want to trust the robot, so having it nearby is an advantage.

Research shows that no users say that Vantage is a scam robot. Instead, people mention that it’s a legit platform that could help you with your trades since it offers various alternatives you can assess before choosing the right one for your needs.

Due to all of the previously mentioned factors, it’s fair to say that Vantage is a legit platform for trading. You don’t have to fear when you open an account and start enjoying its benefits because it’s safe and trustworthy.

Is Vantage Regulated?

One of the most crucial aspects of trusting a robot is being able to determine if organizations regulate it or not since this helps you decide if it’s legit.

Fortunately, the Australian Securities and Investments Commission regulates this Sydney-based app, so you don’t need to worry about its legitimacy. In the case of Vantage International Group and Vantage Global Limited, the following entities regulate it:

  • Cayman Islands Monetary Authority
  • Security Investments Business Law
  • VFSC

Now you have a clear idea of the organizations in charge of regulating Vantage. Furthermore, the robot is partners with the National Australian Bank and the Commonwealth Bank of Australia.

A lot of people, however, don’t understand what it means when they find out that organizations regulate a specific trading app. Overall, what you must know is that these entities provide guidelines for the app to follow, and if it does, the platform is allowed to operate in specific places.

Knowing all this information is a fantastic asset for traders because of various reasons. On the one hand, you can find out more about the organizations, which, in turn, can help you feel more confident about using this app because it allows you to be secure and trust specific entities.

At the same time, organizations that regulate robots make their tech experts include some features. As soon as you start scrolling through the website, for example, you must be able to access a disclaimer with the risks of using the app, which should appear before you even open your account.

If there are no disclaimers or if the robot simply guarantees that there are no risks at all and that you can only improve your trading journey overnight, this might be an indicator that the app is a scam. However, this is not something you should worry about with Vantage since you get all the information you need from the beginning.

Leverage has its limitations when entities regulate robots, and this is very convenient for you as well. It allows you to protect your capital, which of course, is something you might be interested in.

When a broker (or in the case of Vantage, a useful, innovative app) works with several legal entities, you have to verify your identity when you open an account for the first time. This might not seem like much, but it helps prevent severe issues, including money laundering.

Traders who look for a robot to help them with their process are often confused and don’t know where to start, especially if they’re beginners. When you’re barely getting to know the cryptocurrency world, you might not know which apps to choose, so wondering whether or not Vantage is the right one for you is a valid question.

Vantage is the ideal app for anyone who wants to invest in cryptos and Forex. Even though numerous advanced traders can take advantage of its benefits, if you’re a beginner, you can also enjoy its features.

The primary reason why it might be ideal for you is that it’s a straightforward and user-friendly platform. If you take a look at the website, this might not surprise you since the site itself is visually appealing and intuitive.

Additionally, with Vantage, you get numerous alternatives to choose from, such as various tools, cryptos you can invest in, etc. Since you have different options, you can evaluate each one and choose the best one for you.

Even so, you must keep in mind that trading itself comes with risks. You are prone to make mistakes from time to time, and even if you don’t, there are things you are not able to control.

Traders cannot control what happens to the market, for example. What you are responsible for is what you do and how much you learn about your field in order to diminish the risks. If you know how to conduct a well-thought-out market analysis, for example, you have better chances at making intelligent choices.

Using any trading app means you must understand that your choices are yours. At the same time, you should always remember that you can’t control everything. If you choose Vantage, you can benefit from the different features it offers, its functionality across various devices, and so on, but in the end, you’re the one who’s responsible for your trading path.

Vantage Trade Experience

To evaluate Vantage’s trade experience, you must consider different aspects. Firstly, its dashboard. This robot has one of the most intuitive and user-friendly dashboards you might find out there, which is why it’s ideal for both beginners and advanced traders.

Moreover, trading with Vantage allows you to access numerous tools and options. Some examples include timeframes, charting tools, MACD, Moving Averages, and other indicators.

You can also use other tools such as trading signals, reading the news portal, setting up alerts, and much more, which help you with your journey as a trader.

Trading with Vantage also means you get access to more than 400 instruments as soon as you open an account with the app. In other words, you are able to quickly go through different commodities, currencies, and other tradable instruments.

Some people need to spend a lot of time registering when they’re using a new trading app, but this is not necessarily the case with Vantage. The robot offers a quick option to open a new account, and it also includes easy-to-use buttons for both withdrawals and deposits.

Since Vantage partnered with Trading Central, it always offers you top news on innovative market trends, the latest stories, and so on. Although this is not as important for some people, you should keep in mind that trading crypto is partly about being able to follow the latest trends in the industry, so having access to this is a huge advantage.

Commissions and Fees

Although you now understand some essential aspects of trading with Vantage, knowing more about the app’s commissions and fees is as crucial since it helps you know whether or not this is the right robot for you.

To get started with Vantage, you need to make a minimum deposit of $50, which is immensely low compared to most apps. In this industry, the average is often $250, so Vantage definitely gives you the chance to get started without having to spend a huge amount of money.

The CFD fees completely depend on the cryptos you are planning to trade, so they might change. Compared to other options, these fees are high, so keep that in mind when you’re comparing the pros and cons of this app.

One of the best advantages of using this robot is that there are no withdrawals or inactivity fees. Unlike other options, you don’t need to pay extra when you’re retiring funds or when you’ve been inactive, which might help you save a lot of money.

With Vantage, Forex fees are very low, and that might be more convenient for you if you focus on Forex more than CFD.

How to Open an Account with Vantage

Now that you know so much about Vantage, you should know whether or not it’s the right platform for you. Luckily, you don’t need to do much to open an account as long as you put in the correct information and are patient. or

Firstly, you must choose the type of account you want to open and fill out some information. As it was mentioned before, there is a quick option if you want to register fast. However, there are other alternatives as well.

Once you send your application in, you must wait until your account gets approved. Then, you must fund your account, and to do this, you can choose between various methods.

Lastly, you get to access more than 400 options for trading. Although this might overwhelm you at first, you can quickly get used to having so many options and choosing the best one depending on your goals and needs.

Demo Account

There is no information on the website about a demo account, but the registration process is straightforward and does not cost anything. Thus, you can always try to open a regular account and see if you’re convinced by the app’s look and features.

Vantage Education

The website is immensely straightforward to use, and it offers a lot of varied information in different formats. On the one hand, you can read the instructions, which are to the point and simple to understand.

However, you can also play the YouTube videos on the website or directly look for them on YouTube, which is a more visual strategy if you prefer this formatting regarding learning about new trading apps.

Lastly, Vantage has existed since over 10 years ago, so the app is on all social media. All you need to do is find its official accounts and start following them!

Vantage Customer Service

Customers say that the Vantage team is always ready to answer questions, and you can consult all-important doubts via phone call. Email and live chat options are also available if you prefer to text.

Conclusion

Vantage is a legit trading app with various features and an intuitive dashboard. It’s one of the best robots you can use if you want to make more intelligent trading choices.

Furthermore, it gives you more than 400 options to choose from, as well as fantastic characteristics.