The Australian online broker Vantage offers 500 leverage and 0 spread for its users. The platform offers more than 400 financial instruments, including forex, cryptocurrencies, commodities, indices, stocks and ETFs.
Last year, the broker changed its name from “Vantage FX” to just “Vantage” as the platform expanded its offerings beyond forex trading and even added copy trading and training.
During 2022, Vantage received 13 different awards, ranging from local achievements to international recognitions. These include the Best Broker in Australia and Best Mobile Trading App awards from the Ultimate Fintech Awards 2022. With over 10 years of experience in the financial markets, Vantage takes a simple and effective approach to give its users a better experience by capitalizing on market opportunities. The broker has more than 50,000 active clients and offers its trading services in more than 170 countries.
Advantages of CFD trading
One of the main advantages of trading with a contract for difference (CFD) is having a higher leverage. This is particularly advantageous for day trading, as traders open and close their positions in a very short period of time. This gives them greater potential for gain, but also increases the risk of large losses.
Another advantage of CFDs, this time on the broker’s side, is the possibility of allowing clients to speculate on the prices of the main world markets. Since CFDs allow traders to buy or sell a trading instrument without owning the underlying asset itself, brokers can provide access to a wide range of markets.
At Vantage, forex, stocks, commodities, indices and cryptocurrencies are all traded using CFDs. This is why the maximum leverage is 500:1, especially for assets such as metals and currency pairs. In addition, the broker complies with the highest security standards for the peace of mind of its investors.
Why trade with Vantage?
Vantage is compatible with several trading platforms, which gives its users the opportunity to choose the one that suits them best. The broker offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, ProTrader from TradingView, and its own Vantage mobile app.
Additionally, users can open three main types of real accounts on Vantage. The best for beginners is the STP Standard account, which has no commissions on trades, while the ECN Raw and Pro accounts, which offer 0 spread, are recommended for experienced investors.
Vantage also offers swap-free accounts that are halal or Shariah-compliant for traders who cannot pay swap due to their religious beliefs.
Recently, Vantage launched the V Social Trading app, a social trading platform that allows clients to automatically copy trades and signals from professional networks. This gives new traders the opportunity to make money from the positions of expert investors who also get a percentage of the profits.
Other social trading partnerships with Vantage are: ZuluTrade, MyFxBook Autotrade, and DupliTrade.
Another feature of Vantage’s ecosystem that will benefit newbie traders is the broker’s education page which offers live webinars every week. As Vantage continues to expand into different regions, the company is looking to continue expanding through partnerships and value-added features.
David Shayer, CEO of Vantage UK, said: “We have long believed that the world of trading should be more accessible – and not just for experienced traders…We are now able to offer our existing clients, new and future a user-friendly, all-in-one platform where they can execute trades, copy and learn from some of the best investors in the world, and contribute to a growing community of energetic and innovative traders.”
