FAQs

• 1

  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 products like forex, indices, stocks, ETFs, bonds, and more CFDs. Unlike demo accounts or practice accounts that allow you to practise trading with virtual funds, live accounts require you to deposit real money to start trading.

• 2

  What are the advantages of opening a live trading account?

  A live account allows you to trade the financial markets using real money. With a live trading account, you can also start trading US shares with $0 commissions.

• 3

  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 licence 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.

• 4

  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 support@vantagemarkets.com if your live account is not ready after 24 hours.

• 5

  What’s the difference between a demo and live trading account?

  While demo accounts and live accounts may provide similar trading experiences, demo accounts are predominantly used for familiarising yourself with the trading platform and for educational purposes only. Our demo account comes with $100,000 worth of virtual trading credits for you to practise trading, so you can build up your confidence before dabbling in the live markets. Live accounts allow you to start trading the live financial markets, with real money.