Compare Pepperstone vs Vantage for Account Types, Fees & More

It successfully combines professional-grade features with pricing that appeals to retail traders. Lunar Capital offers a wide range of assets to help traders diversify portfolios. It also offers competitive spreads and commissions on different account types but there are trading restrictions on clients from different countries like the US and Canada.

However, investors’ protection is only available in the UK, which makes the platform less appealing to some global clients. At the same time, if you’re a seasoned investor, you can become a signal provider for other traders to copy. You’ll have another stream of income through shared profits and it will help establish your reputation in the market. Copy trading allows beginner traders to copy the moves of more seasoned investors. It provides unlimited access to the best trading strategies and practices to help you become a better investor. The Pro account changes a $1.50 commission and the Raw one changes a $3 commission per lot trade.

With a minimum trading size of just 0.01 lot per trade, 1,000+ assets to choose from, and a variety of base account currencies, Vantage offers excellent trading conditions. When it comes to the Vantage FX Web Platform, the web platform comes in 39 languages, supports all the order types, including one-click order placements from multiple windows in the workspace. Also, as in the desktop terminal, clients can monitor three chart types in nine-time frames, and the technical tools comprise 30 in-built indicators, 24 graphic objects. The web terminal has reliable data protection, and clients can trade on all the browsers without the need to download the application. Also, all client funds are in segregated trust accounts and come under negative balance protection.

Please consider contacting a professional advisor if you require any financial assistance. BestBrokers.com does not assume liability for the financial losses our https://lunarcapital.net/ readers can potentially incur while trading with the online brokers we shortlist. Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk.

Vantage vs Pepperstone Deposit and Withdrawal Methods Comparison

The broker does not charge handling fees for deposits or withdrawals, though third-party banking fees may apply. Transaction times vary but typically take less than three business days to complete. Pepperstone is a great fit for a wide range of traders, including those focused on automated trading, copy trading, scalping, and high-volume strategies. Scalpers, in particular, benefit from Pepperstone’s 99.8% fill rate and ultra-fast order execution speeds averaging around 30 milliseconds. Competitive spreads on both the Standard and Razor accounts make it easier for traders to pursue profitability.

Vantage has never let me down since i started using their services, good spead, no manipulation, easy withdrawals and tight security on platform usage. Will continue use vantagefx as it considering the best broker I trade with so far. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.

Vantage FX provides a good selection of market analysis materials, but these are all curated by third-party providers.

Vantage Fx’s educational materials are comprehensive and well-presented, but not as good as the best Forex brokers in this space. Clients with a minimum balance of 1,000 USD will be able to opt into the Vantage FX free VPS promotion. Traders will be able to select their preferred VPS provider, send Vantage FX the receipt, and they will refund the account. Vantage FX offers a wider range of base currencies compared to other similar brokers.

• For instance, Debit/Credit Card withdrawal can only be used for accounts that made deposits using a Debit/Credit Card.
• Below, you can check out the trading costs for several popular currency pairs with the Standard STP account of Vantage, which uses a 0-commission pricing model.
• However, it does not publish its average spreads or swap rates on its website.
• Unlike other brokers that charge fees for deposits, and on inactive accounts, Vantage FX does not generally charge any non-trading fees.

Meet the Experts Behind Our Unbiased Reviews

The good news is that this is the most popular precious metal for trading, as it provides you with a safe haven in times of market volatility. MetaTrader 5 is a popular option for more experienced Vantage FX clients as it is a next-gen platform. You can use it to view as many as 21 timeframes and three chart types.

Vantage Overnight Funding Costs

However, the representative struggled with more complex topics, such as the broker’s execution model. It offers MT4 and MT5, enhanced with a powerful suite of 28 custom indicators and Expert Advisors (EAs). The broker also supports the seamless cTrader and TradingView platforms. CTrader is optimized for both copy and automated trading, while TradingView offers over 150 analytical tools and advanced charting capabilities. Copy trading is available through both Pepperstone Copy Trading and cTrader Copy. Pepperstone has also developed a proprietary mobile app with a sleek, user-friendly design and solid functionality.

Trusted Brokers

Clients registering with the forex broker have the choice of 180+ products comprising spot and derivatives, all accessible on the MT4 & MT5 platforms. Besides, investors interested in social trading can access the broker’s ZuluTrade and MyFXBook auto-trading features to copy the strategies of successful traders. The mobile app supports all the order types and MetaTrader 4 execution modes, including three chart types in nine-time frames- M1, M5, M15, M30, H1, H4, D1, W1, and MN. Vantage FX offers ECN spreads for the Raw ECN and Pro ECN account types, but the Standard STP account has marked-up spreads.

Theeducation and training section is well-suited for traders of all levels. In addition to Vantage’s spreads and commissions, traders must be familiar with the broker’s overnight funding costs. They are also known as swap rates or the rollover interest rate for keeping positions active overnight. The broker’s regulation by ASIC indicates a reputable broker that keeps to regulatory and ethical requirements.

• Vantage provides traders with a handy video tutorial on how to sign up for Forex VPS directly from their MT4 account.
• Vantage accepts payments via bank transfer, bank cards, various e-wallets, and crypto wallets.
• Raw ECN Accounts pay commissions of $3.00 per lot per side to compensate for the lower spreads.
• Overall, I rank Pepperstone and Vantage as equally secure and trustworthy.
• Vantage FX offers three account types; Standard, RAW ECN, and PRO ECN.

African Markets

As you copy-trade, you’re working according to a pre-calculated risk that another investor studied. This way, you can trade safely until you’re confident about your abilities. Moreover, it’s like a free lesson that allows you to hone your trading skills. Founded in 2009, Vantage FX has been a forex and CFD broker for 13 years. It operates in 30 locations and is available in 172, so you’ve got your trading needs covered wherever you go.

He learned to use the platform’s educational resources to level up his game and that becoming a good broker is a journey of learning and growth—a lesson you should learn too. I remember one time when I ran into one investor who was just using Vantage FX for the first time and he was impressed with their ECN conditions. I met him six months later at a trading conference, and he was still satisfied but maybe not as impressed as he used to be. For general inquiries, you can check the help center, contact live chat, or send an email to email protected. There’s also a dedicated email for complaints and another for affiliate programs.