Vantage FX Review
Vantage FX was founded in 2009 as MXT Global, before rebranding as Vantage FX Pty Ltd (Vantage FX) in 2015. In our Vantage FX review, we learned that it is part of Vantage Global Prime Pty Ltd, which owns the Australian Financial Services License from the Australian Securities and Investment Commission.
Vantage FX is mainly a MetaTrader best forex broker. They offer a popular platform package—MetaQuotes Software Corporation, which includes MT4 andMT5, designed these packages. As a representative of Vantage Global Prime, the broker manages currency pairs and 24 CFDs on global indices, energies, metals, and bitcoins.
The Vantage FX International presence reaches far and wide.
Regardless of the platforms, the transaction costs in this system depend on the open account. Our Vantage FX review shows us they have accounts that include standard STP account with no commission and a Raw ECN account based on commissions.
Vantage FX Deposit and Withdrawal
Vantage FX allows you multiple ways for you to fund the trading accounts you use, such as bank wire transfer, credit card, PayPal, Neteller, Skrill, China Union Pay, and others. Among the options you will get, they have some instant options and commission-free options.
They also allow deposits in multiple currencies. As a client, you can access the deposit options from a secure client area. The withdrawal options are in the same place too.
According to the website run by Vantage FX broker, they do not charge any internal fees for deposits or withdrawals. All withdrawals are processed between Monday and Friday from 9 am to 7 pm AEST.
Vantage FX Bonus
Currently, Vantage FX review shows that they have a wide range of bonuses and promotions for beginners and professional traders. While the bonuses and promos change over time, they have a dedicated webpage that details all the current promotions they are running at any given time.
Some of the bonuses include:
- 50% bonus, claimed through depositing funds in the STP account, fill in a form and be credited with a 50% bonus of up to $250. You can convert it to real equity when trading.
- 88% cash bonus for active traders.
- 10% trading credit for all deposits between $1000 and $200,000
Find the rest of the details by visiting the site.
Vantage FX MT4
Our Vantage FX review tells us that they have MT4 and MT5. All of them are available for Windows, Mac, Android, and iOS users. Users can access the MT4 and MT5 platforms as well as social trading platforms like MyFXbook easily.
All of the platforms have unique features that make them worth using for any traders.
Vantage FX Account Types
According to the Vantage FX review research we have done, they have three main types of live trading accounts called Standard STP, Raw ECN, and Pro ECN. With these, you will also get the swap-free Islamic accounts and use of MT4 unlimited demo trading account.
There is a lot to consider before you settle on one. So, look through all of them and find the one that works best for you.
Vantage FX Spreads
This system includes typical spreads of 1.4 pips on EUR / USD on the standard account. For Raw ECN accounts, typical ranges are 0.1 pips with a commission of $ 3 per page ($ 6 per turn).
Vantage Customer Support
In a Forex Review, 129 telephone customer service tests take place within three months. The collected data has an institutional level. Each test will come with three questions. This is a test for each of them. The network organizer indicator for the overall experience is also provided.
Customer funds in such brokers are available in separate accounts. This means that a company cannot just take a deposit and spend it as it wishes - there are strict rules related to all transactions. Also, all FCA brokers must participate in the Financial Services Compensation Scheme (FSCS).
Vantage FX Details Overview
|Established: 2009||Website: https://www.vantagefx.com|
|Address: Level 29/31 Market Street, Sydney, NSW, 2000, Australia.||Minimum to Open Live: $200|
|Prohibited Countries: Afghanistan, Albania, Belarus, Bermuda, Bosnia and Herzegovina, Canada, Central African Republic, Christmas Island, Congo, Croatia, Cuba, Eritrea, Guinea Bissau, Iran, Iraq, Japan, Lebanon, Libya, Montenegro, Myanmar, New Zealand, North Korea, North Macedonia, Russia, Serbia, Sierra Leone, Slovenia, Somalia, South Sudan, Sudan, Syria, Tunisia, Ukraine, USA, Virgin Islands, Yemen, and Zimbabwe.||Regulators: Australian Securities and Investments Commission, The Cayman Islands Monetary Authority and Financial Conduct Authority.|
|Minimum Trade Size: 0.01||Regional Offices: Australia.|
|Maximum Leverage: 1:500||ECN: Yes.|
|Mobile Trading: Available||Currencies: 45+|
|Trading Platforms: MT4 and MT5.||Cryptocurrencies: 5+|
|Robots: Available.||CFD: 135+|
|Scalping: Allowed||Web Trading: Available|
|Deposit Methods: Bank Wire, VISA, MasterCard, BPAY, FasaPay, MobilePay, Neteller, Poli, Skrill, Transfer from Existing Broker, UnionPay.||Withdrawal Methods: Bank Wire, VISA, MasterCard, FasaPay, Neteller, Skrill, UnionPay.|