Vantage
Ida Hermansen April 20, 2020 10:05 AM
Vantage 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 offers two 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 Account, which has a 0 pip spread and an extremely low commission, but a minimum deposit of 500 USD. These trading costs are some of the lowest in the industry. CFDs available at Vantage 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 is great for trading platform choice though, with MT4, MT5, and the Vantage app.