Vantage FX, The Regulated Australian Forex Broker: Review

Vantage FX, The Regulated Australian Forex Broker: Review title=
3.4/5
Vantage FX is one of the leading Australian brokers recognized globally for offering a suite of services for traders, including Forex trading, Cryptocurrency trading, indices and CFDs.
Min. deposit
$200
Demo account
Yes
Currency
AUDCADEURGBPJPYUSD
Supported languages
Eng
Active
Yes
Payment Methods
AstroPayBPAYCredit CardDebit CardJCB CardNetellerPOLiSkrillSwiftVisaWire Transfer
Instruments
CFDsCommoditiescryptocurrenciesForexindicesshares
Min. trade price
0.01 Lots
Regulated By
ASICCIMAFCA
MetaTrader 4
Yes
MetaTrader 5
Yes
cTrader
No
OmniTrader
No
AlgoTrader
No
TradingView
Yes
Trading Central
No
Autochartist
No
eSignal
No
STP Account
No
ECN Account
Yes
DMA Account
No
MAM Account
Yes
PAMM Account
Yes
LAMM Account
No
Demat Account
No
Mobile Apps
iOS, Android and Windows
Margin Trading
Yes
Volatility Index
No
Spot Trading
Yes
Perpetual Swaps
No
ELWs
No
REITs
No
AI / Machine Learning
No
Robo Advisor
No
P2P Trading
No
Negative Balance Protection
No
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Managed Accounts
No
Market Maker
No
Auto Trading
Yes
Social Trading
Yes
Copy Trading
Yes
Trade Signals
Yes
Islamic Account
Yes
Guaranteed Stop Loss
No
Commodities
GasolineGoldSilver
Forex Trading
Reliable and affordable trading since 2009. Join over 900,000 others trading on 1000+ CFD products. Trade Forex CFDs from 0.0 spreads on our RAW account through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account less than 2 minutes.
Forex GBPUSD Spread
0.0 via ECN
Forex EURUSD Spread
0.0 via ECN
Forex EURGBP Spread
0.0 via ECN
Forex Assets
1000+
Crypto Lending
No
Crypto Staking
No
Crypto Mining
No
Crypto Auto Market Maker
No
Ladder Options
No
Boundary Options
No
Show all >>

* The amount that will be credited to the account in the case of a successful deal

*General Risk Warning: Your capital might be at risk

Trustpilot Real Time Reviews

Star

The Trustpilot rating is 3.4,
according to 2011 reviews

4.5 Stars
Liam
Liam
stars
de
All in all I am very with this Broker, good support and service ... and I had never problems with Deposit and Withdrawals.

View all

Farnaz Photoshoot
Farnaz Photoshoot
stars
gb
Perfect broker, everything such as the customer service, adding my deposit to my balance and also withdrawal was done promptly.

View all

Mateos Lazari
Mateos Lazari
stars
dk
Have been using for some time and my experience are positive 1 it’s a real broker and they have never been scammed me since now and negative the withdrawal are not too fast takes 2 to 5 working days and are not so fast responding the bank about your founds thing that makes you feel scared. The app is a. Bit challenged when is time to open or close a transaction at list by the phone I haven’t used it yet on a computer, the app is slow and sometimes it takes a few seconds to open or close a transaction that can cost you money. I hope my review can help people want to use the app and the company to try to work on and make it better. I wish everyone one to grind it up and rich on top the money and wealth 📈

View all

Andre P
Andre P
stars
pt
I trade in many firms, and what is important for me is reliable platform, serious people around, a good support system, money getting in and out only for my credentials on bank, and this broker does it all. I take money in 2 days max... i transfer in 1 day max. Honestly is one of the best for me... 5 stars. Those talking about not taking money probably are scammers and those that dont comply with AML...

View all

Keith
Keith
stars
gb
I have only been with Vantage for a couple of weeks, but I have been trading for many years and have used many brokers. My experience so far has been great. I wish I would have used this broker years ago. 1. Giving you a top-up credit to help with margin on your deposit, excellent. 2. Leveridge, excellent. 3. Spreads, excellent. 4. Games you can play to receive winnings or offset losses, excellent! I have had to call Vantage twice since joining and both times it has been perfectly fine. Vantage seems to be a lot more supportive of their clients' needs than other brokers I have experienced.

View all

SerajBD
SerajBD
stars
ae
Vantage is a reputable broker and along with promos, they also have one of the lowest trading costs. I just opened a PRO ECN because of their low commissions in addition to tight spreads. Opening accounts and customer service... both are very quick. They also offer TradingView pro access for free if you meet certain volume per month. Highly recommended

View all

Content

Vantage FX is one of the leading Australian brokers recognized globally for offering a suite of services for traders, including Forex trading, Cryptocurrency trading, indices and CFDs.

Founded over ten years ago in 2009 and available in over 172 countries, the company has remained committed to helping traders have a seamless and effortless trading experience using its platform.

In addition, Vantage follows the laws of the several locations where it is present. There are currently over 400 tradable instruments on its platform. Several agencies across the world regulate the company.

There are several account currencies, including the major fiats, AUD, USD, GBP, EUR, and CAD. With a minimum deposit of $50, you can get started. Depending on the instruments you trade, there are different leverage sizes, and the spread ranges from 1.4 pips (Standard STP) to 0.4 pips (ECN).

Vantage FX users are distributed globally, with a majority of its traders coming from France, Thailand and the United Kingdom, representing 22.5%, 8.55%, and 8.17%, respectively, with traders from other countries representing 60.76%. Maintaining a solid standpoint and integrity to its clients as a trusted broker.

Special Note: CFDs are complex instruments that can turn an investment into a huge loss in no-time due to leverage. An astonishing 75% of retail investor accounts globally lose money through CFD trading with this provider, so you need to be sure about your understanding on how it works and if you’re prepared to lose your investments before dabbling into it.

Pros and Cons of Vantage FX

Pros and Cons of Vantage FX

Every exchange has its pros and cons that define it. There isn’t an absolute app; instead, Vantage FX outperforms in certain areas.

Pros and Cons of Vantage FX

Pros:

  1. There are up to 1000 tradable symbols, including currency pairs and contracts for differences for users.
  2. Vantage FX is highly regulated with licenses from top-tier regulatory agencies.
  3. Excellent Integration of trading view into its MetaTrader Suite.
  4. Free Trading signals for every trader and multiple social copy-trading platforms.

Cons:

  1. Vantage doesn’t offer in-depth education and research for its users with little or no knowledge.
  2. Investors with a low budget can’t access a pro ECN account, which requires a minimum deposit of $20,000.
  3. Withdrawals of funds are very slow and require users to agree to certain terms and conditions.
  4. Traders on standard accounts do not qualify for rebates except if they deposit $10,000 and above.
  5. Compliance with international and national laws for most customers.
Further reading

Vantage FX Security & Regulation

Vantage FX Security & Regulation

According to Jeff Bezos “A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.”

VantageFX ensures to have a smooth operation and maintain its reputation by keeping all aspects of its brand standard like with Users security. Vantage FX is considered for its relative security level and how it has been able to preserve and maintain it for over a decade.

Login into the platform is a one-step procedure that authenticates Users. There’s an added level of confidence for every user; knowing the tiers of security and regulatory agencies they comply with is essential.

At the moment, Vantage FX has registered under four notable global regulatory agencies; they are ASIC (Australian Securities and Investments Commission) license 428901—an independent commission of the Australian Government tasked with Financial Conduct Authority (FCA) license 590299—is a financial regulatory body in the United Kingdom;

the Vanuatu Financial Services Commission (VFSC) permit No. 700271—is the financial regulatory authority of Vanuatu; the Cayman Islands Monetary Authority (CIMA) license number 1383491—is the primary financial services regulator of the Cayman Islands.

These agencies combined to protect the interest of every trader, maintain an efficient market and keep things orderly for everyone with an account. Although Vantage is not publicly traded on any exchange.

Further reading

Users Education and Training

Users Education and Training

Vantage FX doesn’t prioritize training users, which reflects its lack of comprehensive educational material to help traders, especially those with a bit of knowledge or users who prefer education resources.

Compared to counterparts in the industry, there is a vast and noticeable gap. These resources include technical and fundamental analysis classes around topics like the Double EMA.

The learning center includes a library of over 130 videos from the Pro Trading series, covering the simple aspect to the more complex part of CFD, forex and cryptocurrency. However, there are no comprehensive resources on both simple and complex trading, an example is volume based analysis.

Further reading

Account Types

Account Types

Vantage Fx has three different account types for users to select; the standard STP, RAW ECN and Pro ECN.

Account Types

Each of these different account types has its requirements and benefits. However, trading terminals and leverage are the same regardless of the account type chosen.

Standard STP:

Vantage considers this the best account type for traders willing to test the water of live accounts. There are 400 traceable assets on an STP account. To get started, traders are required to deposit a minimum of $50, and you’ll get a leverage of up to 500:1 on each trade placed.

Finally, your standard STP account can be easily linked with Vantage MetaTrader apps (MT4 & MT5), and there are no commissions attached.

Raw ECN:

Vantage Raw ECN was created to further transparent trades and give access to cost-effective Forex trading solutions and an opportunity to trade on Institutional-grade liquidity. Commissions here are as low as $3. There are over 1000 asset classes to be tradeable here with a minimum trading deposit of $50.

Pro ECN:

This account is strictly created for professional traders, money managers, and algorithmic traders. The benefit of this is the extra low commission fee of just $1.50. There are over 1000 classes of tradable on this account type. You’re required to make a minimum deposit of $10,000.

Further reading

Tradable Assets

Tradable Assets

There are several markets available for traders using Vantage; the number you find available is subject to the regulator you’re registered to.

The Vantage Australian brand has 257 markets, while the Cayman brand has approximately 201 markets. These markets include Forex Trading for Spot CFDs, social/copying trading, and cryptocurrency (CFDs).

International and US stock trading (non-CFD) is unavailable on Vantage FX. In addition, there’s no trading of physical cryptocurrency except for cryptocurrency CFD.

Further reading

Trading Platforms

Trading Platforms

Vantage has approached this in a completely different style. Asides from its trading app, there’s the inclusion of different MetaTrader suites. The Vantage App and the MetaTrader apps (MT4 and MT5) are available on iOS’s App Store and Android’s Google Play.

The trading platform comes with the added benefit that sets Vantage apart. For example, while using the chart, traders have 15 drawing tools and 30 trading indicators to select from. There’s the watchlist that accommodates a total of seven fields.

Vantage has also joined forces with AutoTrade to allow you to copy from only successful Forex traders. The three auto-trading platforms available are ZuluTrade, DupliTrade, and Myfxbook’s AutoTrade.

Further reading

Withdrawal And Deposit

Withdrawal And Deposit

Making withdrawals and deposits on Vantage FX is easy and secure, making the entire process perfect for every user.

Withdrawal And Deposit

Depositing on Vantage doesn’t require a fee or attract any charges. However, there are specific exceptions like broker-to-broker transactions and depositing Via China Union Pay. Some of the most common methods of payment outside of credit or debit cards include bank transfers or electronic wallets such as Union Pay, Bitwallet, Cryptocurrency, Skrill, Neteller, Fasapay, Astropay, BPAY, etc.

Withdrawing also follows the same principle of depositing; there are no withdrawal fees for credit or debit cards and electronic wallets. There’s an exception for international bank withdrawals, which after the first withdrawal, subsequently becomes charged.

Further reading
Frequently Asked Questions (FAQs)

Frequently Asked Questions (FAQs)

How Reliable Is Vantage?

Vantage is highly dependable, integrating trading view, meta trader and other terminals platform. It has regulatory status with regulators aimed at safeguarding users and holds indemnity insurance that serves as immunity from loss of funds.

To wrap it up, Vantage is recognized for its excellent client satisfaction scores and has won a series of awards for this. Vantage has consistently proven its reliability over the last 12 years of existence with no issues.

How To Use Vantage? 

Getting started and using Vantage has been oversimplified for anyone. Once you’ve signed on to the platform following the prompt, you can access different trade assets, including forex, CFDs, cryptocurrencies and indices.

In addition, you have access to trade from either the web or your mobile device. Also, the integration of trading terminals, such as trading view and Zulu trade, makes it superb. Are you worried about  your funds’ safety? Well, you shouldn’t. Vantage has regulatory status in different regulatory bodies.

Final Thoughts

Overall, Vantage among its pair appears to be a seamless and easy-to-use trading platform, allowing beginner traders to smoothly understand how to use the platform and professional traders who require tools that vantage provides. You don’t have bother about the risk of losing funds trading with the broker.

It is one of the best international brokers. Different types of assets, convenient and reliable platform, favorable trading conditions. Want to know more? Click here.

Further reading