Broker «Vantage FX» Review

Vantage FX3 min read

Broker Review

Vantage FX is a leader among Australian Forex brokers and gives traders the ability to access the Forex markets, Indices, Commodities and Stocks CFDs. Vantage FX is an ASIC regulated Forex broker, providing traders access to the global Forex market through top-tier liquidity providers. With Vantage FX, orders are executed at the speed of light, without any lags, and traders get low spreads. Together, these characteristics offer an institutional grade trading experience in all financial instruments.

Platforms

Usability

Assets

Users rating11 Votes

Pros Broker

Multiple account types

Low spreads and fees

Social and copy trading available

Transparent Forex rebate program

Cons Broker

Limited crypto available

Limited education

No bonus offer

Not regulated in Europe

Overall Broker Rating

Visit Broker

Vantage FX

Review of the company

Vantage FX was opened in 2009, registered in Australia. The headquarters is located in Sydney, in other states there are no representative offices. The brand is owned by Vantage Global Prime Pty Ltd. and is regulated by ASIC, AFSL, CIMA. Over the 10 years since the opening, broker has won 15 awards in its industry. Vantage FX provides its online trading services to private and institutional clients. The reason for this is the continuous improvement of the service. Vantage FX is considered a very attractive Forex broker. High reliability and investment security, low trading spread. There are analytical services, including instruments.

Trading platforms

Vantage FX allows forex traders to make quick operations in the forex market, as well as interbank RAW ECN transactions. Combined, these elements offer customers real institutional trading. Traders can trade in the Forex market through stable and popular trading platforms. This includes advanced MetaTrader 4/5, WebTrader, and several mobile app for iPhone and Android devices.

Vantage FX offers direct access to the highly liquid Forex market, in partnership with major liquidity providers who can guarantee the most transparent and accurate execution for orders in the Forex market. With large trading volumes, the broker can provide the best ECN liquidity for its traders.

ZuluTrade allows Vantage FX customers to access the various strategies and methods used by successful traders. Thanks to this, they can copy such a technique or strategy to increase their success through the Zulutrade Social Trading Platform.

Trading assets

The company has a solid portfolio of assets and has 200 items. It includes stocks, currency pairs, raw materials, indices. A search engine is provided on the platform, so it’s easy to find a suitable trading tool. The broker tries to satisfy customer requests, so he gradually replenishes the list of assets so that traders do not go to competitors.

Best Forex Broker

Vantage FX is recognized by many reputable organizations and publishers around the world as a premium Forex broker. Vantage FX has received awards in various fields for its ability to provide Forex trading services. Indices and products, such as Monthly Finance Awards, as the Financial Services Provider of the Year in 2018 and 2017, Best ECN Broker 2016, etc.

Low spread

Vantage FX provides a relatively low trading spread compared to other Forex brokers, starting at 0.0 pips. This is very good for investors who are clients of the company.

Customer support

Vantage FX customer support is available around the clock from Monday to Friday with local phone numbers in Australia, Canada, China and UK. To open a new account, a support group is available Monday through Friday from 9:00 to 17:00, AEDT. The team is also available via email, fax and chat on the website.

Deposit & withdrawal

Like most other brokers, Vantage FX offers to replenish accounts through bank cards, Bank Wire Transfe and electronic currencies Skrill / Moneybookers, Neteller, FasaPay. There are also ways available only to residents of Australia – BPAY and POLi Payments. The withdrawal of funds is carried out in the same ways as replenished. The withdrawal time is up to two days and the broker does not charge a commission for transfers.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Broker Screenshot

Full Broker Name

Vantage Global Prime Pty Ltd.

Deposit

Country

Founded

$/€/£ 200

2009

Basic Information

Help Broker Country

Not all brokers offer their services to traders in each individual country in the world, and you need to make sure that any broker in which you «open an account» is fully licensed and regulated by the licensing authority of your country. The United States, Japan, the United Kingdom, Switzerland, Australia and the Eurozone offer strong regulation that you can trust. If you choose a broker based outside of these zones, make sure that the broker is regulated by proper regulation bodies.

This broker is located in: Australia

Country: Australia

Help Main Type of Broker

Broker - is a company that provides its customers with the opportunity to trade in the foreign exchange and other markets.

Market Maker (MM) - most often these brokers do not send orders to the interbank market, but only enter into transactions with the client, of course, they take prices from this market, that is, they create their own market.

Dealing Desk (DD) - a dealing desk broker is a market maker. Market makers typically offer fixed spreads and may elect to quote above or below actual market prices at any time.

No Dealing Desk (NDD) - an NDD forex broker provides direct access to the interbank market; it can be an STP or STP+ECN broker.

Straight Through Processing (STP) - its feature is to offer its participants entry / exit to the real exchange market and market prices, and they also have the right to execute orders immediately without involving the Dealing Center.

Electronic Communication Network (ECN) - provides a trading place where all participants (banks, market participants and traders) trade against each other by bidding within the system.

Direct Market Access (DMA) - technology of access to the market directly, bypassing the broker. DMA offers better execution transparency: orders are sent to the market and are being filled according to available quotes provided by liquidity providers.

Type of Broker: ECN/STP

Help Main Regulations

National Futures Association (NFA) - is a national futures organization that controls financial companies in the United States.

Financial Conduct Authority (FCA) - is an independent non-governmental financial regulator controlled by the UK Treasury.

Bundesanstalt für Finanzdienstleistungsaufsicht (BAFIN) - is the German Federal Financial Supervisory Authority, which is the central authority over financial markets and companies located in that country.

Markets in Financial Instruments Directive (MiFID) - is a special EU directive developed by the FCA to monitor financial transactions in the 27 member states of the European Union.

Cyprus Securities Exchange Commission (CySEC) - state regulatory body of investment and currency organizations in the Republic of Cyprus. As Cyprus is a member of the EU, the work of the Cyprus Commission is carried out in full accordance with the approved EU standards (MiFID European Directive).

Australian Securities Investments Commission (ASIC) - it is an Australian securities regulator that oversees the activities of financial markets.

Swiss Financial Market Supervisory Authority (FINMA) - is the Swiss government body responsible for financial regulation.

Regulation(s): CIMA, ASIC, AFSL

Help Main Types of Platforms

MetaTrader - is the most popular and widespread trading platform. Millions of traders around the world trade on it.

WebTrader - is a terminal for online trading in an Internet browser. WebTrader is developed on the basis of MetaTrader and can work separately as an independent trading system.

cTrader - is designed for trading on the ECN market and uses STP and NDD technologies, which guarantees the broker's non-interference in the trading process.

NinjaTrader - is a high-end platform for professional trading in both currencies and stocks, futures and other exchange-traded instruments.

MirrorTrader - is a trading platform that provides unique tools for trading: real-time signals, charts, indicators, oscillators and various helpers for studying the chart.

xStation - is a multi-functional trading platform, perfect for manual traders, hedge fund managers and social traders.

SIRIX WebTrader - is a trading platform provides instant access to global financial market trading (Forex and CFD) and a social network of traders.

Trading Platform(s): MetaTrader 4, MetaTrader 5, WebTrader, Mobile, ZuluTrade, Myfxbook

Help Main Types of Assets

Currency Pairs (Forex) - the foreign exchange market is the largest financial market in the world, with thousands of related participants.

Contract for Difference (CFD) - an agreement between two parties, commonly referred to as “buyer” and “seller”, to pay each other the difference between the price of opening a position and the closing price of a position on a traded instrument.

Exchange Traded Funds (ETF) - are a type of investment fund that tracks underlying assets like indices, bonds, commodities and divides ownership of those assets into stocks.

Stock Market Indices - are financial instruments that represent the value of the underlying publicly-traded companies.

Equities - also known as stocks, are stocks that are owned by state-owned companies. Within this asset class, there are further differences between stocks with large, medium and small capitalization.

Options - this is a type of contract that provides the right to buy or sell a certain amount of an asset at a certain price on a pre-defined time.

Crypto - works exactly the same way as the classic version of the contract for difference in prices (CFD).

Types of Assets: Forex, CFDs, ETFs, Indices, Stocks, Commodities

Help Accout Currency

A foreign exchange account, or Forex account, is used to hold and trade foreign currencies. Typically, you open an account, deposit money denominated in your home country currency, and then buy and sell currency pairs. Your purpose, of course, is to make money on your trades.

Accout Currency: USD, EUR

Trading Сonditions

$/€/£ 200 Minimum Deposit:

$/€/£ 0.01 Minimum Trade:

Yes Demo Account:

No Crypto Trading:

Yes Social Trading:

Yes Analytics:

No Education:

1:500 Maximum Leverage:

Yes Allows Scalping:

Yes Allows Hedging:

0.00 - 1 pips Average Spreads:

Payments Method

VISA Mastercard Bank Transfer Skrill Neteller PayPal UnionPay FasaPay POLi BPAY

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