Vantage Account Types Introduction
Vantage Markets is a popular broker that offers a variety of account types to suit the needs of different types of traders, the following is a guide to account selection.
Standard STP Account
Ideal for novice traders looking for easy, direct access to the markets, the Vantage Standard STP account gives you access to institutional-grade spreads, greater market depth, increased price transparency, and a dark liquidity pool for greater liquidity. Best of all, trades executed through the standard STP account are processed through the Equinix fibre optic network, allowing them to be executed at lightning speed.
Another advantage of this account is that there are no commissions, only spreads. Even so, you don't have to worry about spreads, as Vantage has handpicked the best liquidity providers to offer the lowest spreads in the industry. You can also link your account to the MetaTrader platform so you can manage your trading from any device, including PCs, web traders, and mobile phones.
Below are details of Vantage's standard STP accounts:
| Minimum deposit | $50 |
| Maximum Leverage | Up to 500: 1 |
| Minimum transaction size | 0.01 Hands |
| Deposits | $0 |
| Spread | 1.From 0 o'clock |
Raw ECN Accounts
The Vantage Raw ECN account is very popular among traders because it offers deep liquidity and extremely low spreads. With this account you will have the opportunity to take advantage of the institutional grade liquidity offered by some of the largest banks and institutions to trade without spread mark-ups and for a small commission.
Overall, this account is particularly suited to experienced traders looking to make significant profits at the lowest possible cost, offering flexibility, transparency and the freedom to execute trades wherever and whenever you want, and you'll also enjoy instant execution via the broker's customised fibre-optic network that connects to all of the Equinix servers.
Below are the details of the Vantage Raw ECN account:
| Minimum deposit | $50 |
| Maximum Leverage | Up to 500: 1 |
| Minimum transaction size | 0.01 Hands |
| Deposits | 3 per hand per side.00 美元 |
| Spread | 0.From 0 o'clock |
Pro ECN Accounts
The Vantage Professional ECN account is the most advanced trading account offered by the broker, with features that are mainly popular with large traders, professionals, money managers and algorithmic traders. With this account, all clients can take advantage of the highest execution speeds while getting the lowest costs, useful for both automated and manual trading.
On top of this, professional traders can enjoy the sheer transparency of the pricing system, and Vantage ensures that they only work with the best major banks and liquidity providers in order to offer their clients the best trading conditions, so there is no need to worry about extremely high spreads or unexpected hidden costs.
Below are the details of the Vantage Professional ECN account:
| Minimum deposit | $10,000 |
| Maximum Leverage | Up to 500: 1 |
| Minimum transaction size | 0.01 Hands |
| Deposits | 1 per hand per side.50美元 |
| Spread | 0.From 0 o'clock |
Swap-Free Accounts
In addition to regular trading accounts, Vantage offers SWAP-free trading accounts for traders who are unable to earn or pay SWAP due to religious beliefs.Vantage has two types of SWAP-free accounts, the SWAP-free Standard STP account and the Original ECN account. Both essentially have the exact same conditions as a regular account, except that the trader is exempt from SWAP fees.
Vantage SWAP-free accounts allow traders to enter the market and trade with a broker's liquidity pool without paying SWAP on overnight positions under Shariah law. Instead of paying SWAP fees, traders must pay a management fee for their positions, which is automatically deducted from their account balance.
The management fee itself consists of a fee set by the liquidity provider plus the broker's internal processing fee, which tends to vary as the fees charged by the liquidity provider are variable. All management fees are calculated at 00:00 platform time and collected at 1:00am platform time.
Free Unlimited Demo Account
Last but not least, Vantage also offers its clients a free, unlimited demo account. As the name suggests, this account is a demo account, so you will not be able to trade with real money and execute real trades. Demo accounts are considered a great way to practice trading before taking real risks in the real market, and some traders also like to use them to explore trading platforms and test their options. When you are ready, you can always switch to a real live trading account.
How to choose the best account?
When choosing a trading account, it's best to reflect on yourself and figure out what you need. If you are a novice trader or are trading online for the first time, then a Vantage Standard STP account may be ideal, with direct access to the market and the ability to execute trades without commissions and with only small spreads.
On the other hand, if you are an experienced trader, you can choose between a raw ECN account and a professional ECN account: the former allows you to trade at a lower cost, while the latter is perfect for opening large orders.
If you're still unsure, you can head over to the official Vantage website and check out the rest of the broker's features, and don't forget to read the terms and conditions and consider the risks of trading before opening an account.
Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
