Review of Vantage FX
Vantage FX Broker Overview
Looking for a reliable forex broker that offers excellent customer service and competitive trading conditions? Look no further than Vantage FX broker. They offer a wide range of products and services to traders of all levels and their team of experts is available 24/7 to provide support and guidance. With Vantage FX international, you can rest assured that your trading experience will be safe, secure, and profitable. It is hard to find a forex broker that is both reliable and trustworthy. But, with Vantage FX, you can be sure that you are dealing with a company that has a proven track record. Established in 2009, Vantage FX is one of the longest-running forex brokers in the forex trading industry.
Let's dive into vantage FX review.
When it comes to forex trading, there are a lot of different brokers to choose from. Finding the best forex broker is a daunting task and it is more tough and time consuming if you are new to forex trading. But, to save your time on research, one broker that you may want to consider is Vantage Forex.
Vantage is a forex broker that is based in Australia. It is regulated by the Australian Securities and Investments Commission (ASIC). The company offers a variety of account types, including a demo account, which is perfect for those who are new to Forex trading.
With more than 13 years of experience in the financial markets, Vantage is one of the largest online foreign exchange companies available in 172 counties. Their mission is to provide their traders with innovative, cost-effective solutions to their financial needs. Whether it’s strategic advice, tax efficiency advice, or a full-service budget conversion, Vantage FX is here to help you achieve more financial success.
With their simple Vantage FX MT4 platform and other customized apps, you can have access to more than 400 instruments from all over the world.
Vantage Broker Review 2023 Quick Summary
|🏢 Headquarters||Sydney, London|
|🗺️ Regulation||ASIC, FCA, Cayman Islands Monetary Authority (CIMA), Vanuatu Financial Services Commission (VFSC)|
|🖥 Platforms||Vantage App, MetaTrader 4, Vantage FX, MetaTrader5, Pro Trader, Web Trader|
|📉 Instruments||Forex, Indices, Metals, Soft Commodities, Energies, Share CFDs|
|💳 Minimum Deposit||$200|
|💰 Deposit Methods||EFT, Bpay, POLi Payment, Visa, JCB, China Union Pay, Neteller, Skrill, AstroPay, FasaPay|
|📱 Mobile Trading||Available|
|🌍 Web Trading||Available|
|💵Minimum Trade Size||0.01|
|🎢 Maximum Leverage||1:500|
|☎ Customer Support||24/7|
Vantage FX Broker Review: Regulation
Vantage FX broker is regulated by the Australian Securities and Investments Commission (ASIC) and is a member of the Australian Financial Services License (AFSL). These regulations enforce the brokers to keep segregated account for the traders. So, this means that, Vantahe FX keeps all client funds in segregated accounts. Hence, the client’s fund remain separate from the company's operating funds. ASIC is a well-respected and well-known regulator and is considered to be one of the most stringent regulators in the world.
Additionally, Vantage FX international undergoes a yearly audit by an independent accounting firm. This audit verifies that all client funds are accounted for and that Vantage FX is in compliance with all regulations. The accounting firm also issues an annual financial statement, which is available to clients upon request.
To operate in Europe Vantage FX broker has the license from Financial Conduct Authority (FCA) in the UK.
Also, Vantage FX international has regulatory status from the Cayman Islands Monetary Authority (CIMA) and Vanuatu Financial Services Commission (VFSC).
Being one of the pioneer companies, Vantage FX broker has engineered platforms that are quickly becoming the central hub for many varieties of traditional and alternative assets. Their diverse customer base includes individuals, commercial clients, and institutions such as banks and investors.
Vantage FX Review: Trading Instruments
A forex trader's arsenal is not complete without the right trading instruments. Different markets require different tools, and at Vantage FX, they offer a comprehensive range of tradable assets. Vantage clients can trade Forex, commodities, indices, and stocks, all with the safety and security that comes with a regulated broker.
- Forex: Vantage FX offers 40+ forex pairs, with the spread as low as 0.0 pips through Raw ECN accounts.
- Metals: Metal trading is a great way to invest your money to get high return on investment if you know what you are doing. Vantage offer Gold trading with 500:1 leverage, Silver with 100:1 leverage, and Copper with 50:1 leverage.
- Energies: Energy trading is a new and growing market. In this market, brokers trade energy commodities such as oil, natural gas, and coal. The market is growing because of the increasing demand for energy commodities and the improving technology that allows for more efficient trading. Vantage offers Oil, Natural Gas, Gasoline, Gasoil, Oil Cash trading with 0.1 lot and different leverages.
- Soft Commodities: The Vantage FX soft commodities include coffee, cocoa, cotton, orange juice, and sugar. They are considered to be soft because they are not as hard or as valuable as other commodities, such as precious metals. These commodities are often used to trade against each other to create hedges.
- Share CFDs: CDFs are Contracts for Difference and are very popular in the Forex Market. They offer a very efficient way to trade the markets and offer a high degree of flexibility. Vantage FX offers 50 US stocks, UK and European companies, and Australian stocks.
- Indices: You can trade short or long from different indices from different top indices in the world such as S&P 500, FTSE 100, Dow Jones Industrial Average, and more.
Vantage FX Review: Deposit and Withdrawals
Vantage FX review suggests that depositing and withdrawing money from your Vantage FX broker account is easy. You can choose from a variety of payment methods, including local and international EFT, Bpay, POLi Payment, Visa, JCB, China Union Pay, Neteller, Skrill, AstroPay, and FasaPay. However, the minimum deposit and trading amounts may vary depending on the methods and forex brokers account types.
Overall, the minimum deposit for Vantage FX international is $200 for all the account types. Usually, there are no fees from Vantage on deposit, but you will get a 50% vantage FX bonus. Different payment channels may charge you such as Neteller, Skrill, and some banks. However, the brokerage doesn’t offer vantage FX no deposit bonus.
You can use different methods for withdrawals, but sadly Vantage FX doesn’t offer instant withdrawals. They also put a limit on withdrawals in some cases. Besides, you will also get no-limit withdrawal options depending on your location.
Vantage FX Trading Platforms
With the Vantage FX, you will mainly trade via MetaTrader 4 Vantage FX and MetaTrader 5 while you will also get Vantage App, ProTrader trading platform, and Webtrader.
Vantage FX MT4
MetaTrader 4 is a popular forex trading platform. It offers traders a variety of features, including charting tools, technical indicators, and order management systems. Vantage FX MetaTrader 4 also allows traders to automate their trading strategies by using robots or Expert Advisors.
MetaTrader 4 also offers a number of built-in tools and indicators that can help traders make better decisions about where to invest their money.
Using the MetaTrader 4 Vantage FX, you can trade on 9 different time frames, while accessing 40 Currency Pairs, 13 Indices, 20 Commodities, and 100 Share CFDs.
MetaTrader 5 offers traders the ability to trade currencies and CFDs. The platform is user-friendly and has a variety of features that traders can use to make informed decisions about their trades. Some of the features offered by MetaTrader 5 include charting capabilities, technical indicators, and the ability to open and close trades.
Vantage MetaTrader 5 (MT5) offers a multiple range of tools and features for traders of all skill levels. It allows you to trade on multiple markets simultaneously, use automated trading strategies, and benefit from real-time market data and news.
Vantage MT5 will give you all the options you are having on MT4, except a number of timeframes. Vantage MT5 will get you access to 21 different timeframes.
Vantage FX broker has their very own mobile app for the traders. The app will provide an easy way to access the traders’ info as well as offer trade on the go. Further, the -time market data will also be accessible on Vantage App for phones.
The Vantage FX app is available for both iOS and android devices including iPhone, iPad, Tablets and can be downloaded from the App Store or Google Play
The Vantage ProTrader platform is a web-based trading application that offers a wide range of features for traders of all levels of experience. The platform is powered by TradingView, which is a leading provider of financial graphics and analysis tools. With ProTrader, traders can access a library of the most popular indicators and 50 drawing tools, as well as real-time market data and news.
The platform is designed for both professional and individual traders and offers an intuitive interface, real-time market data, and powerful analytical tools. Moreover, the platform also offers an extensive set of order management features, including conditional orders and automated trading capabilities. You don’t need to download any software as ProTrader is a web based platform.
Vantage offers a web trading platform through MetaTrader 4 and MetaTrader 5. You can get access to these platforms using any browser securely from anywhere. Whether you have Windows, MAC, or Linux, you can access Vantage WebTrader from any of these systems.
Vantage FX Account Types
Vantage FX offers a range of account types to cater to the needs of its clients. And it can be very tough to identify the best account type for you. Hence, we will explore the different Vantage account types and help you to identify which one is best for your needs.
Standard STP Account
The first account type is the Standard account, which is considered as perfect for beginners who are just starting to enter or try to kick off in the forex market. It has a low minimum deposit requirement and offers 1.0 spreads with a 0.01 lot minimum trade size. However, the commission is $0 for a standard account, while the Vantage FX minimum deposit is $200.
This account is ideal for traders who want to benefit from low spreads and fast execution speeds. The Standard STP account is also backed by 24/7 customer support and a wide range of trading tools and features.
With the help of RAW ECN, advanced traders can trade with deep liquidity and razor-sharp spreads. Moreover, it allows traders to trade with deep liquidity in a wide range of markets. It also includes support for all major currency pairs with a currency conversion option.
You can set a limit order and then execute it at any time. It also offers an advanced trading tool with the possibility to set stop loss levels and take profit/loss with a fixed amount of capital. RAW ECN trades are done with leverage options up to 500:1 while the spread is 0.0 pips meaning that you can execute orders as much as the Vantage FX leverage allows.
The main goal of the RAW ECN account is to minimize the slippage that often occurs during rapid-fire orders. However, you are subject to charge commission from $3.00 per lot per side while the Vantage FX minimum deposit is $500 for RAW ECN.
This account is mainly targeted for the money managers and professional traders who are involved with trading high volume. It offers traders the ability to manage their accounts with a unique set of tools. It is an automated trading system for the traders that let the traders to trade even if they are not in their desk.
The minimum deposit for Pro ECN is $20,000 with up to 500:1. Trade at 0.0 pips while the commission is $2.00 per lot per side.
A swap-free Forex account does not incur swap charges for holding positions overnight.
This type of trading account is popular among Muslim traders, who follow religious beliefs that prohibit the earning or paying of interest.
While all three accounts have different Vantage FX spreads, minimum deposit, and commission, you will get 44 Currency pairs, 16 Indices, 19 Commodities, and 226 Share CFDs on all accounts.
Vantage offers different tools to ease the trading for their clients. Let's have a look at these tools briefly.
Smart Trader Tools
The smart trader's tools using MT4 and MT5 will boost your trading. You can boost your trading using the alarm manager, correlation trader, correlation matrix, market manager, Excel RTD link, mini terminal, Session Map, Sentiment Trader, and Trade Terminal.
Vantage Forex calculators
The Vantage forex calculators are not just useful for traders. They can also be used by anyone who wants to analyze the market and make decisions based on their findings. The best part is that most of the time, you can even use the calculators to make real-time profits. The main advantage of Vantage Forex is that it allows users to view charts and indicators in their own time. This feature is something that not many trading tools provide today.
Free Forex VPS hosting
VPS hosting provides the convenience of having your own virtual server while keeping your costs low. You must need a VPS server to keep your MetaTrader platform running all day long. Using Vantage VPS hosting make sure that you are not wasting money on hosting services that you don't need.
Pro Trader Tools
Vantage has a separate set of tools for the Pro Traders. With the Pro Trader, you will get Market Buzz with coverage of 35,000+, features, Ideas, Economic Calendar, Analyst views, and more. However, you will need to deposit a minimum of $1000 to get access to the Pro Trader tools.
Vantage FX Reviews: Education
Forex education is important to traders of all levels of experience. In order to be a successful trader, you need to first learn the basics of forex trading and then continue to educate yourself on the ever-changing market. Therefore, Vantage FX broker offers a variety of educational resources, such as webinars, videos, e-books, and tutorials, to help traders learn about forex trading and the markets.
The main goal of these materials is to help traders understand how the Forex market works and how they can make money trading currencies. Vantage also offers unlimited demo accounts. As a result the traders can initiate unlimited practice trading without risking real money.
Vantage FX Review: Customer Support
As a forex trader, it is important to find a broker that provides quality customer support. Vantage Forex is one of the most reliable brokers in the industry and offers excellent customer support. Their customer support team is available 24/7 and can be reached via phone, email, or live chat.
Overall, Vantage FX broker seems to be a reliable and trustworthy broker that offers a variety of features and services to its clients. It is a regulated forex broker that offers a number of benefits to traders, including quality customer service, access to a wide range of markets, and fast execution speeds. If you're looking for a reliable broker with a variety of features, Vantage FX may be a good option for you.
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