Vantage FX Review

Vantage FX

Vantage FX

www.vantagefx.com

  • Leverage: 1:500

  • Regulation: ASIC, FCA, CIMA

  • Min. Deposit: 200 US$

  • HQ: Australia

  • Platforms: MT4, MT5, MarketTrader

  • Found in: 2009

Vantage FX Licenses 

  • Vantage Global Prime Pty Ltd - authorized by ASIC (Australia) registration no. AFSL No. 4289017
  • Vantage International Group Limited - authorized by CIMA (Cayman Islands) registration no. 1383491 
  • Vantage Global Prime LLP - authorized by FCA (UK) registration no. 590299

Top 3 Forex Brokers

  1. VantageFX Pros and Cons
  2. Is Vantage FX safe or a scam?
  3. Trading Platforms
  4. Trading Fees
  5. Spread
  6. Leverage
  7. Deposits and Withdrawals
  8. Conclusion

What is Vantage FX?

Vantage FX was founded in 2009 by a specialized team with a background in Finance, FOREX and Technology. The main idea was to create an environment and help worldwide traders to pursue financial goals, thus the broker mainstay at transparent trading, leading market platforms, execution speed, and technology solutions.

With its head office in Sydney, Australia vantage forex granting traders access to the global Forex market through top-tier FX liquidity providers. Nevertheless, the broker offers its services globally and carrying out local entities with the purpose to support traders in the UK, China, and other international destinations.

Vantage FX Pros and Cons

Vantage FX is a reliable broker due to its regulation by top-tier FCA and ASIC. Vantage FX is a popular brand with good trading technology, range of instruments and low variable spreads. There is excellent variety between available platform including MT4 and MT5, investment account also MAM accounts.

On the other hand, the education section could be better, also Vantage FX might be more suitable for traders with experience.

Vantage FX Review

10 Points Summary
🏢 HeadquartersAustralia
🗺️ RegulationASIC, FCA, CIMA
🖥 PlatformsMT4, MT5, MarketTrader
📉 InstrumentsCurrency pairs FOREX, Commodities, Indices, and Crypto
💰 EUR/USD Spread1.4 pips
🎮 Demo AccountProvided
💳 Minimum deposit200$
💰 Base currenciesSeveral currencies offered
📚 EducationIncluded with analysis and research
☎ Customer Support24/5

What type of broker is Vantage

Being a Vantage FX client you get super-fast Forex trading execution, as well as interbank grade RAW ECN spreads through STP execution. vantage forex understands that it is crucial to keep trading costs as low as possible, therefore they source institutional grade liquidity directly from the world’s largest banks and institutions to the MT4 platform.

Awards

Overall, the broker’s proposal indeed promising a low, which was also recognized worldwide for its strives by a number of highly respected organizations and publications for its superior offering and service level.

Vantage FX awards

Is Vantage FX safe or a scam

Vantage FX provide a transparent and secure forex trading environment for all clients, dut to its top-tier regulation by ASIC.

Vantage FX fully complies with strict financial regulations in each entity it serves, which includes set of regulations from the Australian Securities and Investment Commission (ASIC) and holding their license for operation. In addition, Vantage FX UK entity holds a reputable FCA (Financial Conduct Authority) license that oversees the Forex and trading industry though a set of sharp rules and obligations towards safety.

Vantage FX licenses

Also, Vantage FX serves additional entity that serves global clients from its offshore branch based in the Cayman Islands. Of course, we never recommend trading with offshore brokers, however, since Vantage FX following also reputable licenses from ASIC and FCA it means the broker is sharply regulated in terms of its operation.

In accordance with ASIC and FCA Regulatory Guides, the company provides Professional Indemnity Insurance in place which covers the work done by their representatives, employees and authorized representatives.  Moreover, the broker is also strictly audited by auditors and keep all clients’ funds in segregated trust accounts along with compensation schemes in case of insolvency to ensure money is protected.

Leverage

Due to multiple regulations from various jurisdictions, Vantage FX broker falls under particular regulatory restrictions which may apply differences between the offered leverage. Therefore, trading through the Australian or global entity of Vantage FX you may enjoy high leverage levels up to 1:500 for major currency pairs.

  • Having an account with UK Vantage FX traders falling under ESMA regulatory restrictions and a maximum possible leverage is set to a 1:30 for Forex instruments and even 1:10 for commodities.

Trading Instruments

The market range includes the trade of 70 Currency pairs FOREX, Commodities, Indices, and Crypto on MT4/MT5. What is interesting Vantage FX offers a comprehensive solution for Cryptocurrencies while traders having an option to choose from Bitcoin with leverage 1:5, Bitcoin Cash 1, Dashcoin, Litecoin, Ethereum, Ripple through variable spreads and margin percentage up to 50%.

Account types

Vantage FX broker brings an offer through three main types of accounts that diverse by the options either with costs built on a commission basis or only through the spread. Accounts accessible from both platforms MT4 and MT5, with leverage depending under which entity you trade, thus which regulation is applicable.

Islamic accounts or Swap-free are available at the broker too, to those who are following the Sharia rules and require specific trading conditions.

Vantage FX accounts

Fees

Vantage FX are mainly based on a spread or commission for ECN account, also consider funding fees and other fees like inactivity. See fee table below.

Spreads

Vantage FX spread its level depends on the trading account you choose, while Standard account has slightly higher spreads or ECN account with a raw spread offering. See below a comparison of spread in Standard account below, for instance also well compare fees to another popular broker LCG.

Another cost, which you should take into consideration is an overnight fee or swap rate which is paid in case the position is held longer than a day.

FeesVantage FX Fees
Deposit fee
Withdrawal fee
Inactivity fee
Fee ranking
AssetVantage FX SpreadsFXTM Fees1.5 pips
EUR USD Spread1.5 pips3 pips
Crude Oil WTI Spread9 pips5 pips
Gold Spread1.5 pips45

Vantage FX spread

Deposits and Withdrawals

Vantage FX clients having various options to fund a trading account, a number of ways including domestic bank transfers, international bank transfers, BPAY, Skrill, Neteller, Broker to Broker transfer, POLi, fasapay, and online credit or debit card payments.

VantageFx minimum deposit

Minimum deposit for VantageFX Standard account is 200$ as a start, which is a good option for the beginer or regular size traders.

VantageFX minimum deposit vs other brokers

VantageFX Most Other Brokers
Minimum Deposit $200 $500

Withdrawal

Withdraw funds on VantageFX supporting various payment options and Vantage FX does not charge internal fees for electronic deposits or withdrawals. Some additional methods may charge fees important to note with your payment provider in case any charges are waived for processing.

Vantage FX deposit

Trading Platforms

As for the trading software, vantage forex with its robust technological solution for trading chooses reputable Forex trading platforms that together with powerful execution making trading truly comprehensive.

All trading accounts are accessible across all devices and all offered platforms, as one of the main aims to have fast and stable access to the trading account. This includes the enhanced MetaTrader 4, MetaTrader 5, WebTrader and multiple mobile trading apps for iPhone and Android devices.

The MT4 or MT5 as a market-leading platforms available with advanced features for the trader’s good, while EAs are allowed for all styles of automated traders, with Trading Central opportunities, Indicators and Signals, and in addition Free VPS for 10 standard FX lots per month. The multi-account managers having the opportunity to customize needs and requirements through MAM or PAMM offering.

Vantage FX platform

Furthermore, Vantage offers a designed by ChartIQ fully-featured HTML5 trading platform – MarketTrader that is accessible from any browser and can be traded using clients’ existing mt4 logins.

Social Trading

In addition, Vantage FX brings an opportunity to automate trading through MyFXBook AutoTrade that is one of the trusted social trading services and ZuluTrade as one the most popular among the traders’ social trading platform.

Vantage FX social trading

Conclusion

Overall the Vantage FX continually strives to evolve their offering to ensure the delivery of service that is better for anything else on the market. But as an ECN and STP broker, the company stands for strong reputation and integrity which guarantees all traders trading on the real Interbank Forex market that ensures that Vantage FX is never the counter-party to the trade. The traders of any level can find their benefits with Vantage FX, either the beginning traders, since the opening of the account is an easy process with a quite small deposit requirement and trading options to choose from, along with provided education.

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