How to Trade on Vantage: A Step-by-Step Guide

Vantage offers a user-friendly platform for trading Contracts for Difference (CFDs) on a wide range of markets, including forex, commodities, indices, and more. CFDs allow traders to speculate on the price movements of financial instruments without owning the underlying asset. With tight spreads, fast execution, competitive pricing and multiple account types, Vantage stands out as an excellent choice for both beginners and experienced traders alike. 

In this article, we will walk you through the simple steps of creating an account with Vantage and show you how to get started with trading. 

Start Trading with Vantage 

Let’s break down the steps you need to start trading with Vantage. 

Creating an Account 

Before you can start trading, you will need to open a Vantage live account. 

When you create a new trading account, it will be added to your Client Portal. There is no fee for creating a new trading account. Your Client Portal will be automatically created with your trading account, so there’s no need for you to register for one separately.  

Here’s how to create a new trading account:  

1. Click on the Client Portal from the Vantage homepage. 

2. Click on Open Live Account in the Home tab. 

3. The next screen presents the following settings: 

a. Select a trading platform of either MT4 or MT5. 
b. Choose an account type 
c. Choose an account currency  
Note: It is not possible to change the account currency once set. 

4. Once done, click Submit. 

5. Your new trading account will show up under the Home tab. 

Congratulations, you’ve successfully created a new trading account. To start trading, you’ll need to fund your trading account, explained next. 

Funding Your Account 

At Vantage, you can fund your account by making a deposit with your preferred funding method with $0 deposit fees. Depending on your region, you can choose from various payment methods, including bank transfers, credit cards, and digital wallets such as Apple Pay, Google Pay, Neteller, Skrill, and more. 

Simply follow these steps to fund your account: 

Desktop version 

1. Log in to the Client Portal.  
2. Click the Deposit button located in the top right corner of the Client Portal. 
3. Here, you will be able to see all the available deposit methods in your registered region, including the respective processing times and commission fees, if applicable. 

To deposit via the Vantage App, simply follow these steps: 

1. Log in with your Vantage account credentials.  
2. Tap on the Wallet icon (alternatively, tap on Profile and select Deposit). 
3. Select your preferred Payment Method. 
4. Fill in the amount you wish to deposit. 
5. Tap on the Pay Now button. 
6. You will be redirected to the payment methods’ site to complete the payment. 

Understand the Account Types 

Vantage provides a variety of account types tailored to suit different trading strategies and preferences. Each account offers unique features to help you maximise your trading potential. 

Furthermore, you can manage multiple accounts simultaneously, giving you the flexibility to switch between different trading approaches as needed. Here’s a quick overview to help you choose the account that best fits your trading style. 

RAW ECN 

A RAW ECN account offers traders access to live market conditions, providing a clearer view of pricing without interference. Ideal for experienced traders, this account at Vantage delivers ultra-low spreads and high-speed execution, with access to raw, unaltered prices on currency pairs. 

Advantages of the Vantage RAW ECN Account 

• Industry-low commissions: Benefit from ultra-low spreads and commissions, with just USD$3.00 per standard lot, per side. Vantage links you to top-tier liquidity, ensuring some of the most competitive pricing in the forex market. 

• Flexible leverage: With a minimum deposit of USD$50, access leverage options customised to your trading style. Enjoy spreads starting from 0.0 pips on major pairs and trade with precision in a live environment. 

This account type is for experienced traders seeking access to deep market liquidity and industry-low commissions. 

Standard STP 

The Vantage Standard STP Account offers access to a wide range of markets, providing transparent pricing and fast, commission-free* trading. Powered by Equinix Fibre Optic Network, it aims to provide efficient performance with low latency. 

Advantages of the Vantage Standard STP Account 

• Zero commission: Trade with no commission fees* and benefit from competitive floating spreads. Vantage’s top-tier liquidity providers aiming to provide deep market access, allowing you to enjoy highly competitive pricing and reduced trading costs.  

• Fast execution and competitive spreads: Benefit from efficient order execution with competitive spreads, designed to enhance your trading experience. This can lead to a faster order fulfilment and reduced slippage. 

*Other fees may apply.   

If you’re just beginning your trading journey, this account is the ideal choice. It offers a more straightforward trading experience, making it easier for you to navigate your trades as you learn. 

Premium Account 

The Vantage Premium Account  is designed for professional traders who need optimal trading conditions. It offers minimal commissions, spreads starting from as low as 0.0 pips, and a highly reliable real-time connectivity, making it ideal for experienced and institutional traders, such as hedge fund managers. 

Advantages of the Vantage PRO ECN Account 

• Ultra-low commissions and spreads: Benefit from some of the lowest commissions in the industry at just USD$0.75 per lot per side, with spreads starting from 0.0 pips. The Premium Account is perfect for day traders and expert advisors seeking tight spreads and reduced costs. 

• Transparent pricing and deep liquidity: Enjoy access to a consolidated liquidity pool, ensuring competitive spreads and transparent pricing, with no hidden fees. This allows for efficient trading and reduced transaction expenses. 

This account type is ideal for professional traders who trade in high volumes. 

COMMISSIONS AND SPREADS COMPARISON 

	Standard STP	RAW ECN	PREMIUM ACCOUNT
Spreads	From 1.0 pip	From 0.0 pip	From 0.0 pip
Minimum deposit	$50	$50	$25,000
Commission	$0	From $3.00	From $0.75

Navigating the Trading Platforms 

Choosing the right trading platform is crucial for a smooth and efficient trading experience. Vantage offers a range of powerful platforms, each tailored to meet the needs of different trading styles and strategies.  

Whether you’re a beginner or a seasoned trader, these platforms provide the tools and features necessary to trade effectively across a variety of markets. Here’s a breakdown of the platforms you can access through Vantage. 

MetaTrader 4 (MT4) 

The MT4 platform offers traders a flexible trading system equipped with market analysis tools and customisable charts. Its strength lies in the ability to automate trading through Expert Advisors (EAs), enabling traders to design and execute their strategies with enhanced precision and efficiency. 

MetaTrader 4 Features: 

• Execute trades efficiently with 3 execution modes, 2 market orders, 4 pending orders, and 2 stop orders. 

• Access 30 built-in technical indicators and over 2,000 free custom indicators for detailed market analysis. 

• View charts across 9-time frames, from one minute (M1) to monthly (MN). 

• Create your own Expert Advisor (EA) with MQL4 language, a complete environment for developing, testing, and optimising algorithmic trading programs. 

• Test trading strategies using historical data through back testing. 

MetaTrader 5 (MT5) 

As a multi-asset platform, MetaTrader 5 (MT5) boasts advanced features that enhance your trading experience. With Vantage, you can leverage the latest version of MT5, which supports all Expert Advisors (EAs), signal trading, and the ability to hedge positions. 

 MetaTrader 5 Features: 

• Utilise over 44 graphical objects, including geometric shapes, channels, Gann, Fibonacci, and Elliott tools, to enrich your charting. 

• Access 38 built-in technical indicators and more than 2,000 free custom indicators for thorough market analysis. 

• Enhance your trading insights with 21 timeframes, enabling detailed examination of quote dynamics and the merging of indicators across different periods. 

• Create your own Expert Advisor (EA) using the robust MQL5 language for automated trading. 

• Test trading strategies efficiently with parallel processing capabilities. 

TradingView 

TradingView is a powerful charting and analytical platform used by over 50 million traders worldwide, fostering a vibrant community of market enthusiasts. The platform serves as a premier destination for retail investors, offering advanced charts, a comprehensive analytical suite, and a social network for traders—all in one place. 

By connecting your Vantage account to TradingView, you can seamlessly combine Vantage’s competitive offerings with TradingView’s trading and social features. 

TradingView Features: 

• Experience over 15 interactive chart types with 90+ drawing tools and extensive customisation options. 

• Access watchlists, screeners, and live news alongside charts and the order panel for real-time insights. 

• Benefit from 100+ pre-built indicators for popular strategies, with thousands more available from the community. 

• Trade directly from the charts using fast drag-and-drop execution or the responsive order panel. 

• Dive into over 100 fundamental ratios, financial statements, and valuation analyses to research trading opportunities. 

• Simulate trading setups and test various strategies using historical data for detailed performance reports. 

Vantage App 

The Vantage App, available for both iOS and Android devices, provides traders with seamless mobile access to a wide range of tradable assets. Experience advanced trading tools integrated into an intuitive, user-friendly charting interface right from your mobile device. 

Vantage App Features: 

• Access to over 1,000 tradable instruments on-the-go. 

• Stay informed with daily market commentary, global financial news, and comprehensive market analysis. 

• Practice trading and refine your strategies using the Demo Account, which offers $100,000 in virtual credit. 

• Explore copy trading to replicate the strategies of high-performing traders within the app. 

• Access live webinars and send questions directly to our professional educators for real-time support. 

Selecting the Right CFD Product 

At Vantage, you can gain access to 1,000+ Contracts for Difference (CFDs) across various asset classes. Each product offers unique advantages, allowing you to diversify your trading portfolio and capitalise on market opportunities.  

Understanding CFD Categories 

Vantage provides a variety of CFD products, including forex, indices, commodities, shares and more. Forex CFDs allow you to trade major, minor, and exotic currency pairs with low spreads and high liquidity. Indices CFDs give you exposure to global stock markets, while commodities like gold, oil, and silver enable you to trade essential raw materials.  

Within each CFD category, you gain the flexibility to go long or short, depending on market conditions, enabling you to trade in both rising and falling markets. 

Factors to Consider for Successful CFD Trading 

Before selecting a CFD product, consider key factors such as your risk tolerance, market knowledge, and trading objectives. For example, forex may be more suitable for traders who prefer high liquidity and short-term trading, while commodities or indices may appeal to those looking for longer-term positions or diversification. 

Additionally, understanding leverage and how it affects your exposure is critical in CFD trading. Vantage offers flexible leverage options to help you manage risk and optimise your trades based on your personal strategy. 

Executing Your First Trade 

Now it’s time to place your first trade. Executing a trade with Vantage is straightforward, thanks to the platform’s intuitive interface and efficient order management tools. Here’s a simple guide to help you get started. 

Basic Order Types 

When placing a trade, understanding the basic order types is essential. Vantage platforms allow you to execute different order types depending on your trading strategy: 

• Market Orders: A market order executes immediately at the best available price. It’s used when you want to enter or exit a trade quickly. 

• Limit Orders: A limit order is placed to buy or sell at a specific price or better. It gives you more control over the price but may not execute if the market doesn’t reach your specified level. 

Setting Stop-Loss and Take-Profit Orders 

Manage risk effectively by setting stop-losses and take-profit orders. A stop-loss order closes your trade automatically when the price falls below or goes above (depending on whether you’re going long or short) one you specify, limiting your losses should the market move against you. Conversely, a take-profit order closes your position when the market hits your desired profit level, locking in your gains. 

By using these tools, you can ensure disciplined trading and limit potential losses in volatile market conditions. 

Learn Trading with Vantage Academy 

Improve your trading skills and knowledge with the Vantage Academy. Access a wealth of educational resources, including articles, webinars, and courses designed for traders at all levels. Whether you’re a beginner or looking to refine your strategy, Vantage Academy offers valuable insights to enhance your trading performance. 

Articles 

Build confidence with in-depth articles and beginner-friendly guides that break down complex trading concepts. 

E-Books 

Expand your knowledge with a variety of free trading e-books, packed with valuable insights, expert tips, and strategies designed to help you trade more effectively. 

Webinars 

Stay ahead of the curve with live sessions hosted by seasoned traders, providing actionable insights on the latest market trends. 

Accessing 24/7 Customer Support 

At Vantage, providing exceptional customer support is a top priority. Our dedicated support team is available 24/7 to assist you with any questions or concerns you may have. Whether you need help with your account, platform setup, or general inquiries, you can easily contact our support team via email at [email protected] 

Unlock your trading potential with Vantage’s wide range of account types and industry-leading platforms. Whether you’re just starting or looking to elevate your strategy, Vantage has the tools and support to help you succeed. 

Open a live account today and start trading with confidence on a platform trusted by traders worldwide. 

CFDs and Spreadbets are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.5% of retail investor accounts lose money when trading CFDs and Spreadbets with this provider. You should consider whether you understand how CFDs and Spreadbets work and whether you can afford to take the high risk of losing your money.