Vantage
Ida Hermansen April 20, 2020 10:00 AM
Vantage FX will appeal to traders who value low trading costs and use indicators to make trading decisions. Be aware that Vantage FX's financial instruments are somewhat limited compared to other similar brokers. An STP/ECN broker, Vantage FX offers three accounts with minimum deposits linked to tighter spreads and lower trading costs. The commission-free Standard Account requires a minimum deposit of 200 USD but spreads start at 1.0 pip on the EUR/USD. Trading conditions improve significantly on its Raw ECN and Pro Accounts, which have 0 pip spreads and reasonable commissions, but minimum deposits of 500 USD and 20,000 USD, respectively. CFD's available at Vantage FX include Forex, indices, energies, metals, shares, and cryptocurrencies, but there are a limited number of assets per class which may leave more experienced traders dissatisfied. Vantage FX is great for trading platform choice though, with MT4, MT5, and the Vantage FX app in addition to three social trading platforms.