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Click Here To See FAQ
What is a live trading account?
A live trading account is an account a trader can use to access the financial markets and start trading with real money. With Vantage, a live account gives you access to 1,000+ financial derivatives products like forex, indices, stocks, ETFs, bonds, and more.
How do I open a live trading account?
Complete the application form and submit the required documentation for the proof of identity as well as a proof of address issued in your name. Once approved, your new account details will be emailed to you.
What’s the difference between a demo and live trading account?
While demo and live account may provide similar trading experiences, the trading environment can still be differ. The demo accounts are predominantly used for familiarising yourself with the trading platform and for educational purposes only. For example, a demo account also comes with $100,000 worth of virtual trading credits for you to practise trading. On the other hand, live trading accounts not only allows you to hold a position, but also access to trade CFDs on global markets. We do not guarantee that the product specifications and performance on a demo account will be the same as that of a live account.
What documents do I need in order to open a live account?
To open a live trading account, Vantage requires documents to be submitted alongside your application as proof of identity. You can upload a clear picture of the required documents by using a smartphone, digital camera or scanner. The required documents can include: Current valid passport (showing the first page of the local or international passport, where the photo and the signature are clearly visible); or Driving license which bears a photograph; or National identity card (showing both front and back pages); Documents proving current permanent address (such as utility bills, bank statements, etc.) containing the client’s full name and place of residence. These documents should not be older than 3 months from the date of filing.
How long does it take to open a live trading account with Vantage?
The online forms that are required to be submitted are simple and quick to fill in. If you submit the form along with the required proof of identity documentation, your account will be ready and you can start trading within 24 hours. You may reach out to our support team at [email protected] if your live account is not ready after 24 hours.