Vantage Introduces Copy Trading App to Traders in the UK

Vantage, a Sydney-headquartered multi-asset broker, has introduced V Social, its social trading product, to audiences in the United Kingdom.

Vantage described V Social as a professional 'social network' that enables traders to auto-copy signals, execute trades, chat and analyze performance.

Vantage announced the launch of V Social in the country in a statement released on Friday.

David Shayer, the UK CEO of Vantage, noted that the broker wants to make trading accessible to “the thousands of young ambitious traders newly entering the post-pandemic space.”

He noted that this group represented a huge opportunity for the company which emerged as the fastest growing broker in the UK after its rebranding in 2021.

The broker, which embraces retail and professional traders, said it built V Social in partnership with Pelican Trading, an app that enables traders to chat and trade on the same platform.

“We have long believed that the trading world should be more accessible, not just for experienced traders. And, [we] were thrilled to discover a like-minded partner in Pelican,” Shayer said.

The CEO said that Vantage is now able to offer “existing, new, and soon-to-be clients a user-friendly, all-in-one platform.”

“Beginner traders have the opportunity to subscribe to and copy the signals of expert traders, who in return benefit from increased status and a portion of profits,” the Australian broker said.

According to the press statement, Vantage hopes that the social trading platform will help attract new market entrants to its brokerage services.

Recent Moves

Meanwhile, Vantage recently engaged popular YouTuber, Supercar Blondie, to launch its environment, social and governance (ESG) programme.

“The partnership will focus on driving innovation for electric vehicle production, promoting gender equality and putting a spotlight on climate change,” Vantage said in a statement.

Additionally, Vantage recently added 14 US share contracts for difference (CFDs) to its portfolio.

The share CFDs included US companies such as Disney, Cisco, Exxon, McDonald’s Corporation and Intel, among others.