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As Vantage continues to shift activity to MT5, it was crucial to add assets and products to the platform to satisfy its complete client base.
As clients seek exposure to regulated markets, the broker expands its product offering to cover currencies, commodities, shares, and indices. New markets improve trading capabilities for clients and attract traders wishing to diversify.
MetaTrader 5, the successor to MT4, includes capabilities only available on institutional platforms. Brokers have been sluggish to offer this feature-rich online trading platform. The rising list of forex brokers that launched MT5 lately addresses the chicken-and-egg conundrum, where no brokers offered it since traders are unfamiliar with the new generation. No brokers offered MT5, thus traders didn't demand it.
New Vantage logo
'Vantage FX' became 'Vantage' last year to reflect its business shift. Rebranding revealed the Australia-based company has become a global financial services supplier.
Vantage said the new name better reflects its mission as it expands beyond retail FX trading to become a multi-asset provider. The broker offers Forex, Indices, Shares, Commodities, and Cryptocurrencies CFDs.
Vantage said it wanted to speed business development in new financial industries to serve worldwide clientele.
Vantage is a multi-regulated broker with ASIC, FCA, and CIMA licenses (Cayman Islands). The corporation claims $200 billion in monthly trading volume.
As market uncertainty and volatility remain high, retail trading remains healthy.
Vantage and other brokers saw some of their busiest trading days ever this quarter as traders hedged and repositioned portfolios amid market turbulence. The ongoing spread of the coronavirus increased trade volumes across retail and institutional platforms, albeit it slowed in the second quarter.
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