Vantage FX Review


Vantage FX is a well-established broker since 2006. Vantage FX has headquarters in Australia, Cayman Islands and United Kingdom. They are generally well-suited for Vantage FX to provide their Forex/CFD trading services to global clients.


This broker has also been regulated by ASIC #ACN 140 903 886, Cayman Islands Monetary Authority 1383491, FCA (UK) 501057 and Vanuatu Financial Services Commission 700271. Simple yet detailed information upon this broker can be seen below.


Company Information

Website
www.vantagefx.com

Established
2006

Country
Australia, Cayman Islands and United Kingdom

Regulation
ASIC #ACN 140 903 886
Cayman Islands Monetary Authority, 1383491
FCA (UK), 501057
Vanuatu Financial Services Commission, 700271

Features

Interest rate on funds

Bonus offers

Trading contests

Free education

Personal manager

Trading by telephone

PAMM accounts

MAM accounts

Segregated accounts

Managed accounts

Affiliate program

Islamic accounts available



Account Information

Apart from the forex demo account, this broker offers Standard, RAW ECN and PRO ECN. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Vantage FX is up to 1:500. Meanwhile, you can open an account with a starting capital of $200

If you want to look for further information about this broker's offered account(s), please take a look at the list below.


Minimum Deposit

$200

Maximum Leverage

1:500

Spread

Fixed and Variable

Commission

$2


Minimum Deposit $200

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Pending orders

Mobile trading

Instruments Traded

Besides lots of currency pair, Vantage FX also offers some instruments you would like to trade on, such as Forex, CFD, Indexes and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:500

Indexes
1:200

Cryptocurrencies
1:5


Minimum Deposit $500

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, Vantage FX also offers some instruments you would like to trade on, such as Forex, CFD, Indexes, Binary options and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:500

Indexes
1:200

Binary options

Cryptocurrencies
1:5


Minimum Deposit $20000

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, Vantage FX also offers some instruments you would like to trade on, such as Forex, CFD, Indexes and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.


Forex
1:500

Indexes
1:200

Cryptocurrencies
1:5

Payment Methods

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Vantage FX also provides payment with Credit/debit cards and UnionPay



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, Vantage FX offers you MetaTrader 4 (Limited with 30 days), MetaTrader 5 and WebTrader.

Customer Support

Do you have any question or find any trouble related to Vantage FX? If you do, you should reach Vantage FX's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Arabic
Chinese
English
French
German
Indonesian
Japanese
Malay
Thai

Office
Support

Email
Support

Call
Support

Chat
Support

Extensive Review

Vantage FX was founded in 2009 in Australia. It is the brand name of the Vantage International Group which is regulated by the Cayman Islands Monetary Authority (CIMA). Before it is known as Vantage FX as today, they used to be MXT Global in 2009 and Vantage FX Pty LTD in 2015. The Vantage Group also operates other companies such as Vantage Global Prime, which is regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA).

According to the broker’s website, Vantage FX adds further protection to clients by segregating client funds and holding their funds with Australia’s National Australia Bank (NAB). NAB is one of the 4 largest financial institutions in Australia as well as the Top 20 safest banks in the world. Thus, clients don't need to worry about saving their funds at Vantage FX.

With Vantage FX, traders will experience super-fast trade execution, as well as interbank grade and RAW ECN spreads. When combined, these elements offer clients a true institutional trading experience, across a wide range of trading instruments. They also offer services designed for both beginners and professionals with access to Forex ECN trading, as well as CFD trading on Indices, Commodities, and U.S & Hong Kong Shares. Those instruments are available to trade on MetaTrader 4 and MetaTrader 5, either for Mac, PC, iOS, or Android. There are also social trading platforms such as MyFXbook and Zulutrade.

By registering in Vantage FX, traders will have access to an impressive range of educational materials and research tools including MT4 SmartTrader Tools, a wide variety of promotional trading offers and rebate programs, as well as access to accounts with up to 500:1 leverage. Vantage FX provides research in the form of technical and fundamental analysis on its blog from in-house staff as well as guest writers. There is also an economic calendar powered by MQL5 from MetaQuotes. For clients who deposit at least $1,000, Vantage FX offers a suite of plugins for MT4 branded as MT4 SmartTrader Tools, developed by FX Blue LLP.

As an authorized representative of Vantage Global Prime, the broker caters to retail traders under the Vantage FX brand and offers access to the following instruments:

  • 40 currency pairs, which are the most liquid global forex market currencies.
  • 50 highly liquid US Share CFDs in some of America’s largest companies such as Apple, Google, Coca-Cola, and more.
  • 50 biggest companies listed on the Hong Kong Stock Exchange to trade on.
  • 15 most liquid Indices from across the globe, including the S&P 500, DAX, FTSE, DJ30, and more.
  • 17 commodities, either soft commodities or precious metals.

Clients can open accounts in VantageFX and deposit funds in 8 base currencies: AUD, USD, EUR, GBP, NZD, SGD, JPY, and CAD. They also provide clients with convenient deposit and withdrawal methods through local and international bank transfers, credit/debit cards, and e-payment.

Overall, Vantage FX is valued to be proper for retail traders with small deposits who like the max leverage thresholds. In terms of pricing, the broker's commission-based Raw ECN account is the clear choice for cost-sensitive traders as it features a lower all-in cost compared to its Standard account offering.



FAQ About Vantage FX

Is Vantage FX a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Vantage FX is a good broker for you or not by reviewing the criteria. In general, Vantage FX provides trading service in Forex , CFD , Indexes , Cryptocurrencies and Binary options . As for the payment methods, you can choose between Credit/debit cards, FasaPay, Neteller, Skrill, UnionPay and Wire transfer. The customer support is available via Email, Live chat, Office, Phone and Skype.


What is the minimum deposit for Vantage FX?

The starting capital in Vantage FX is $200.


Is Vantage FX regulated?

Vantage FX is regulated by ASIC #ACN 140 903 886, Cayman Islands Monetary Authority 1383491, FCA (UK) 501057 and Vanuatu Financial Services Commission 700271. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is Vantage FX legit?

Vantage FX is a brokerage company offering trading services for clients since 2006 with offices in Australia, Cayman Islands and United Kingdom.


Give Your Review and Rate This Broker



2 Reviews


Sabro Richardson

Jul 15 2020

The broker has got both advantages and disadvantages. rnExcellent executions and investment opportunities are advantages in my opinion and these advantages actually make me keep working with the broker. Copy-trading allows diversifying the risks, so I constantly monitor the rankings in a search of new systems and promising traders. rnThe disadvantage in my opinion is the focus on new traders. They've got a lot of educational programs, and obviously spend a lot of money on these free opportunities to learn trading that they offer to their cusotmers. These money could be used to offer better variety of trading accounts types and minimizing trading costs.

Paul Wilcox

Jun 25 2020

I want to share my little joy, not so long ago I started to get stable and now I feel like a real trader, who can create a long-term action plan and develop on the market. As for my broker, I can only say good things, because it offers extremely low spreads and access to two terminals at once - MT4 and MT5, so you can choose the best option for yourself. Besides, they quickly withdraw money without excessive commissions, so you don't have to worry about getting your money.