Min. Deposit $200
Leverage 500:1 Platforms MT Mobile, WebTrader, MT5, MT4, Myfxbook
Company Information
Broker’s name VantageFX
Headquartered in Australia
Founded in 2009
Accepts US Clients ✖✖
Regulation ASIC
Website www.vantagefx.com
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.
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.
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%.
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.
Account Types
The account types offered by Vantage FX are the Standard STP (Straight Through Processing) and the RAW ECN (Electronic Communications Network). There is also a Professional ECN account and a free demo version. The difference between STP and ECN is that with STP, the broker routes your orders directly to the market, there is no dealing desk. With ECN, it acts as a hub which is the liquidity source.
STP Account
Requiring a minimum deposit of $200, the Standard Account offers you spreads starting from 1.4 pips with zero commission charged. You have access to trade in 40 different FX currency pairs and leverage of up to 1:500. You can enjoy social and mobile trading and choose from a choice of platforms to execute your trades.
RAW ECN Account
For a minimum deposit of $500, you can open a RAW ECN account which will give you excellent spreads form 0 pips although you will pay a commission of $3 per lot per side. Again, there are 40 currency pairs to trade in and a choice of MT4 platforms. The minimum trade size is 0.01 lot, and you can enjoy leverage of up to 500:1 although the standard is 1:100.
Pro ECN Account
The Professional ECN account is for those with more substantial trading requirements who wish to trade in higher volumes. A minimum deposit of $20,000 is needed to open a Pro ECN, and you will enjoy spreads of 0 pips with a $2 commission per lot per side. As with all accounts there is a choice of base currencies to trade in.
Demo Account
Whatever type of trader you are and however large or small your volumes, everyone can benefit from using the free demo. It is easy to sign up for and only requires a name, email address and telephone number. You can also use Facebook and LinkedIn logins to open the account. This is the perfect opportunity to practise trading and get familiar with the platform either on desktop or mobile.
Deposit and Withdrawals
There are no fees for deposits to Vantage FX. Funding options include credit or debit cards, bank wires via international SWIFT or Australian banks, BPAY (in Australia), POLi Payments (in Australia), Skrill/Moneybookers, Neteller, broker to broker transfers, and FasaPay.
As is standard, withdrawal requests must use the same method as your deposit up to the original amount deposited. After this amount, you can select another withdrawal method from the same options as deposits.
Vantage FX Bonuses
Vantage FX now offers a unique feature that helps active forex traders, an 8.88 percent cash bonus on the account balance. Those who move their account to Vantage FX or sign up for an account will earn an extra 8.88 percent cash bonus in their available balance. Traders get to opt in to receive this 8.88 percent cash bonus and in either case, you get the same trading conditions, without spread markups.
To receive the cash bonus, you just need to meet the minimum monthly trade volume, which depends on your account balance and whether you have a RAW ECN or Standard STP account. Residents of China should note that this interest promotion is not offered in that region.
There is currently a total of eight forex promotions from Vantage FX, including the 8.88 percent cash bonus, forex rebates, Smart Trader Tools, free forex VPS, a 50 percent welcome bonus, email forex signals, the Active Trader Program, and MT4 Indicators.
The forex VPS means that traders do not have to rely on their own internet connection to make trades. The welcome bonus can be up to 50 percent and depends on your initial deposit.
If you deposit $300, you get a bonus of $150, which increases to $200 for deposits of $400 and $250 for deposits of $500. Deposits over $500 also get a bonus of $250.
Trading Tools
Vantage FX offers a Smart Trader Tools Package that helps the MT4 platform rival even highly advanced institutional trading platforms available, helping retail traders get the same benefits as institutional traders.
This package includes an Alarm Manager with six types of alarms and alerts via pop-up, email, SMS, and Twitter as well as a Correlation Matrix, Correlation Trader, Excel RTD Link, Market Manager, Mini Terminal, Sentiment Trader, Session Map, and Trade Terminal.
This Smart Trader Tools Package is free for anyone who meets the minimum deposit of $1,000.
Traders can also take advantage of daily forex signals sent right to their inbox thanks to the Vantage FX partnership with Trading Central. This includes Technical Analysis as well as forex signals, with as many as two emails each day covering 70 tradable markets.
You can also view as many as 9 timeframes with up to 3 chart types. The Active Trader Program provides new and existing clients with a cash rebate when they meet the minimum deposit requirement.
Those who opt for ECN trading can take advantage of automated trading, including Expert Advisors. There is also the previously mentioned free forex VPS, so you can ensure your MT4 platform runs 24/7.
The economic calendar from Vantage FX lets you view upcoming events that will impact the market, including their location, the currency affected, and the predicted impact. You can also utilize Client Sentiment indicators.
Are Vantage FX’s Spreads Competitive?
Vantage FX always strives to offer low spreads that are industry leading. This is possible thanks to the number of liquidity providers that Vantage FX works with as well as the fact that feeds come from up to 70 institutions.
The typical spreads for Standard STP Accounts are from 1.4 for EUR/USD, from 1.6 for GBP/USD, from 1.4 for AUD/USD, and from 1.5 for USD/JPY.
For RAW ECN Accounts, these spreads go from 0.1, 0.6, 0.4, and 0.5, respectively.
PRO ECN spreads tend to go from 0.0, 0.5, 0.3, and 0.4, respectively.
Education
Vantage FX provides an extensive selection of educational tools to help forex traders of all skill levels. There is a step-by-step guide for Learn to Trade Forex, including a market overview, market analysis, and trading psychology.
You can also attend one of the broker’s regular webinars that are led by experienced market strategists and professional traders, look at the MT4 user manuals or comprehensive MT4 video tutorials, or view the MT4 SmartTrader Tools videos to make the most of the MT4 SmartTrader Tools Package.
ZuluTrade for Social Trading➦➦
Social trading is made possible at Vantage FX thanks to the ZuluTrade platform. For the uninitiated, social trading gives you the great opportunity to follow professional traders and take advantage of their experience.
The broker uses the leading social trading platform ZuluTrade, which allows customers to find more than 10,000 successful traders in the ZuluRank database. You can view and compare their performance, which is ranked based on different parameters.
There is one very useful tool for simulation as well. It enables you to test the performance of your chosen traders in advance. The customization options allow you to stay in full control of your account at times. Lastly, the Margin-Call-o-Meter significantly improves your risk management.
Choose the professional traders you wish to follow and diversify your forex trading risk around multiple strategies. Based on the performance of the traders you follow, your trading account will be an exact mirror of the performance of some of the brightest and most talented Forex traders within the social trading industry. All this streamed directly into your Vantage MT4 trading account.
All this streamed directly into your Vantage MT4 trading account.
Conclusion of the Vantage FX Review – Trusted Forex Broker or not?
In summary, Vantage FX is among the best brokers on Earth. This company can be very interesting for beginners or advanced. In particular, the provider is recommended for traders who want transparent and secure trading.
The broker offers you the options you need for professional trading. From my experience, there are no disadvantages here except the language barrier English. Vantage FX stands for a reputable and trustworthy broker with a large and favorable trade offer for international traders.
If you need a high level of leverage and want to trade tight spreads, you should switch now or open your first trading account.
The advantages of Vantage FX:
Regulated and safe Forex Broker
Real ECN Trading
The best trading conditions for Forex
Very fast execution
Reliable support and service
No hidden fees
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