VantageFX Review

MIN. DEPOSIT $100
Up to 500:1
Up to 10% BONUS
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VantageFX
Up to 10%
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Overview

Company Information Vantage FX is one of the well-recognized providers of financial service on a global scale. The company was founded in 2009, and it’s based in Sydney, Australia, but… more

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Details

BrokerVantageFX
Website URLhttps://www.vantagefx.com/
Founded2009
HeadquartersSydney, Australia
Support Number1300 945 517 (AU); +61 2 9279 2652 (International)
Support Emailsupport@vantagefx.com
Support TypesPhone, Live Chat, E-mail
LanguagesEnglish, Chinese
Minimum 1st Deposit$100
Minimum Trade Amount0.01 lots
BonusUp to 10%
PayoutUp to 500:1
Free Demo AccountYes
Regulated Yes
RegulationAustralian Securities and Investment Commission (ASIC).
Account TypesStandard STP, Raw ECN
Deposit MethodsMasterCard, Visa, Poli, Bank Transfer, BPay, Skrill, Neteller
Withdrawal MethodsMasterCard, Visa, Poli, Bank Transfer, BPay, Skrill, Neteller
Types of AssetsForex, Indices, Commodities, Binary Options
Account CurrencyAUD, USD, EUR, GBP, SGD, JPY, NZD, CAD
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Company Information

Vantage FX is one of the well-recognized providers of financial service on a global scale. The company was founded in 2009, and it’s based in Sydney, Australia, but it also has offices in the UK. It is regulated by the FCA under the registration number of 501057 and on the Australian side, Vantage FX is under strict supervision by ASIC registration number of #ACN 140 903 886. As one of the most technologically advanced brokers from the industry, Vantage FX employs extremely fast fiber optic network for its order execution system, which results in extra fast speed. Combined with the traditional ECN business model, the online broker offers an excellent advantage for its clients over many other brokers. Vantage FX won various awards over the years. Some of the most reputable ones are Best Forex Broker South East Asia by IB Times Trading Awards in 2011, Best Forex Broker Australasia, World Finance Foreign Exchange Awards in 2012, and BEST ECN / STP Forex Broker in 2015. The Australian company is also involved in the education of their new clients. Numerous learning materials and webinar archives are available for every registered user, which makes Vantage FX a perfect place for novices in the world of financials trading.

 

Trading Information

Traders will be delighted to learn that the Australian brokerage company offers excellent trading opportunities to its clients. They can quickly pick from numerous financial instruments with the most popular ones. There are over 40 different FX pairs available, as well as eight world stock exchange indices, ten commodity variations, and over 120 binary options. The spreads are tight and variable on most products. EUR/USD spread start from 0.5 pips and usually stays at one pip. There is a minimum lot size of 0.01, a stop-out level of 50% and margin call level set to 80%. Leverage can go up to 1:500. Vantage FX encourages all strategies and tactics that traders usually use, such as scalping, hedging, and algorithmic trading. The Australian online broker offers two different account types – Standard STP and Raw ECN. As their names state, those account types use different order execution model, which results in various trading conditions for the clients. STP model employs spreads, and the ECN model uses commission that usually starts from $3 per lot.

 

Trading Platforms

Vantage FX provides an extensive range of trading platform that will probably fit every trader’s need. Of course, the online broker offers MetaTrader 4 as the most preferred choice in the industry. It’s one of the best solutions out there with tons of indicators, extensions, tools and other helpful gadgets. MetaQuotes’ product is available on many devices and platforms, such as mobile apps, web-based software and desktop versions for Mac and Windows. The company also allows traders to use their MAM/PAMM trading platform developed according to the needs of the clients. Binary options can be traded through a separate web-based program, which is highly efficient and intuitive. Social trading is also part of the offering, and Vantage FX makes sure to offer alternatives. ZuluTrade and MyFXBook are the two supported platforms when it comes to this new trend in trading.

 

Security and Customer Services

The Australian provider of financial instruments takes security very seriously. The whole website and all the integrated platforms are protected by a strong SSL encryption certified by DigiCert Inc. The company also has enhanced servers protection, which ensures smooth and fast trading for its clients. When it comes to funds handling, Vantage FX assures us that it follows the best practices in the sector. All the money are held in segregated accounts with one of the largest banks in Australia – National Australia Bank (NAB), rated AA according to independent sources.

 

Customer services can also be rated as exemplary. The support team responsible for all the client communication is extremely helpful and polite. There are various ways to contact them. Every client can get in touch via phone, live chat, email or one of the social media channels. The website of the broker supports Chinese, but it’s the only language available.

 

Deposits and Withdraws

Deposits and withdraws with Vantage FX are handed through some of the most reliable payment methods. Both local and international bank transfers are available as well as cards funding. The popular e-wallet systems can also be used as an alternative. You can easily review them in the table. Accounts can be opened with various globally used currencies, such as EUR, USD, GBP, JPY, AUD and more. Withdraws are processed extremely fast and most of the time on the same business day (if only the request were submitted before 02:00 GMT). If any client tries to cash out more than $5000 or the full balance, the online broker will attempt to contact the account owner and verify the action.

 

Deposit Bonus and Loyalty Programs

Vantage FX is one of the international broker, which offer almost any promotion type to their clients. From competitions with money and item prizes to various rebate and affiliate bonuses. One of the most exciting promotions is the 8.88% p.a. Interest Rate. It’s a unique advantage for the active Forex traders, who can benefit from their free trading balance and receive the lucrative interest rate. The Forex Rebates offered by the Australian brokerage company also present excellent conditions. Deposits over $1000 can get 10% extra funding and additional $2 per lot. There are no waiting times, time restrictions and limits on that promotion, which makes it beneficial for the active customers. Many other special bonuses and events are held by Vantage FX on a regular basis, so make sure to check them frequently.

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