Vantage expands MT5 offering with access to new stocks

abdelaziz Fathi

ASIC-regulated foreign exchange brokerage Vantage has expanded its service offering and trading products by incorporating new markets, namely 14 exchange-based stocks on MetaTrader 5.

As Vantage continues to transfer activity to the MT5 terminal, it was imperative to increase the base of assets and products into the platform, in order to accommodate its entire client base.

The broker broadens its product line, which also includes currencies, commodities, equities and indices, as clients’ desire to garner exposure to regulated markets has been increasing. The inclusion of new markets not only helps expand trading capabilities for its clientele but also attracts more traders that are looking to diversify their trading options.

MetaTrader 5, successor to the popular MT4, offers forex traders many features that were previously only available on institutional level platforms. While this feature-rich online trading platform has been around for a while, brokers have been really slow to begin offering it. However, the growing list of forex brokers that launched MT5 recently resolves the chicken and egg dilemma, where there were no brokers offering it because traders are not familiar with the new generation. On the other hand, traders were not demanding it because no brokers were yet offering MT5.

Vantage to reflect new business identity

Earlier last year, ‘Vantage FX’ has become ‘Vantage’ to reflect the culmination of its extensive business transformation. The rebranding showed that the Australia-headquartered company has evolved into an all-encompassing, global financial services provider.

At the time, Vantage said the new corporate name better encompass what it does, as it broadens its reach beyond retail FX trading to become a multi-asset provider. The brokerage firm currently offers CFDs on Forex, Indices, Shares, Commodities, and Cryptocurrencies.

Vantage also cited the reason for the amendment as an attempt to further accelerate business development in new financial fields to serve clients with a global presence.

Established in 2009, Vantage is a multi-regulated broker that has regulatory licenses from ASIC (Australia), FCA (UK), and CIMA (Cayman Islands). The company claims an average trading volume of $200 billion that exchange hands on its platform each month.

Retail trading business continues to be quite robust throughout the year as market uncertainty remains high and volatility is likely to remain elevated.

Vantage and other brokers have experienced some of their busiest ever trading days this quarter as traders flocked to hedge and reposition their portfolios amid volatility on global markets. The continued spread of the coronavirus prompted massive increases in trading volumes across all retail and institutional platforms, as seen in their monthly updates, although it took a step back in the second quarter.

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