As you probably know, it takes a trained eye to alert a legitimate forex trader to a scam. Well, we have been around for a while, and by leveraging our in-depth knowledge and experience in this field, we have compiled a list of the best forex traders.
Now, the best way to make the most of this platform is to understand your type of trader. Once you know where your interests are and how much money you have, you will be better able to choose the trading platform that is right for you.So, ask yourself the following questions to help you decide which forex trader you should turn to. Is this your first time, or are you a veteran trader? Beginner traders are best suited for forex brokers with an easy-to-use platform and rich educational resources.
The forex trader you choose will also be determined by the amount you have to invest. If you have no money, you will need a trader who does not require a minimum deposit. In general, you need to find a merchant with fees and charges you can manage - the lower, the better.
If your tastes go beyond forex, the traders in our review today also offer other financial instruments. Therefore, you can choose the one that suits you best.
Trading Forex Platform Vantage FX, Best for Beginners
Brand Overview
Founded in 2009, Vantage FX is in the business of helping its clients achieve their financial ambitions. This platform provides access to the forex trading market via the MT4 and MT5 trading platforms. It is also constantly improving and evolving to meet the demands of a dynamic market.The main value of Vantage FX is full transparency. Vantage FX works hard to earn clients' trust by serving them with integrity in an industry that may seem quite opaque. Clients who trade with Vantage FX know they stick to high quality. They are highly organized and vetted, so clients can sleep with their eyes closed when investing with this company.
Opening an account is very easy with Vantage FX. Just select the account you want to open and then apply. You will be verified almost instantly, after which you can fund your account and start trading immediately.
Vantage FX gives you access to over 300 financial instruments. So you definitely have a field day.
Positive
- Affordable cost
- very organized
- Safe and transparent platform
- MT4 and MT5 platforms are available with fiber optic network for increased speed
- Good for beginners
- Traders get welcome bonus
- Fast Trade Execution
counter
- Limited Product Offer
Highlights
Vantage FX is safe: Vantage FX uses separate accounts to keep its clients' funds at the National Australia Bank (NAB). By the way, NAB is one of the largest banks in Australia and one of the safest in the world, serving more than 12 million customers.Brokers are also highly regulated and fully transparent regarding their regulatory information. You can find everything you need to know about this topic on their website. We should mention that Vantage FX also has professional indemnity insurance, which is a huge plus.
Excellent Trading Platform: Vantage FX offers both MT4 and MT5 trading platforms. It also goes a step further by providing a fiber optic network so that users can take full advantage of the capabilities of the MT4 trading platform. With Vantage FX, you will execute trades with lightning speed and transparent prices, regardless of asset class.
MT5 is an upgrade to MT4, and offers more features than MT4. For example, hedging and scalping are available. Plus it's much faster than MT4.
Fees and Fees: Vantage FX offers spreads as tight as 0 pips depending on the account type. For RAW ECN accounts, you earn 0.0 pips. But for a standard STP account, the spread is up to 1.0 pips.
Users do not need to pay any withdrawal or deposit fees. However, you may still have to pay third-party deposit and withdrawal fees.
Wide range of financial instruments: Vantage FX offers a fairly wide selection of financial instruments. You get 41 currency pairs, 17 commodities, and 15 indices, which is more than enough for beginners but might take advanced traders.
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