Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

Vantage FX Review

4.43
14 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

Vantage FX general information

Founded in: 2009 year
Headquarters:
Australia
Minimum Deposit: 200 $
Website: go.vantagefx.com/visit/?bta=37604&brand=vantagefx
Website languages:
English, Vietnamese, Indonesian, Spanish, Chinese, Malay, Thai
Execution model:
ECN
Deposit currency:
USD, EUR, JPY, GBP, AUD, CAD, NZD, SGD
Support languages: English
Regulated by: ASIC (Australia)
Mobile trading: iOS, Android
Types of offered accounts:
Unlimited Demo Accounts, Demo accounts (with a time limit), Standard Accounts, ECN accounts, STP accounts, Swap free accounts, Segregated accounts
Trust management: PAMM, MAM
Autotrading: Zulutrade
Affiliate program: 1

Vantage FX Forex broker description

Pros

  • Easy and fast account opening

  • Supports multiple trading platforms

  • Low trading fees

  • 50% welcome bonus

  • Regulated in multiple jurisdictions

Cons

  • Not competitive for traders with low investment

  • Limited offering of tradable instruments 

  • Restrictive leverage caps kick in at $5,000

  • Unavailable to US residents



Unique Selling Points

  1. Best broker for high-volume traders

  2. 50% Deposit Bonus: Vantage FX offers up to $20,000 on deposits. To qualify, the deposit must be a minimum of $500. Note that the deposit bonus is non-withdrawable. However, you can withdraw profits made using the deposit bonus.

  3. Flexibility: Clients can access 1000+ trading instruments via the Vantage desktop and mobile app.

  4. Resources: The broker offers educational resources and guides to beginners. They also offer market analysis and trading tools for novice and professional traders.


Introduction

Vantage FX (Vantage Markets) has been an online forex and CFD trading services provider for over a decade. The Sydney broker offers hundreds of trading instruments in various asset classes ranging from currency pairs to stocks and indices. They operate in 172 counties and have offers in 30 locations globally. 

Vantage Market offers a wide range of services and supports many trading platforms. However, it is most suited for large-volume traders due to its partnership with top-tier liquidity providers, competitive rates, and swift order execution. 

This Vantage FX broker review further explains all you need to know about this broker. 


Supported Countries

Vantage FX offers forex and CFD trading platforms and services to traders and investors in 172 countries. Even so, residents of Canada, China, Romania, Singapore, and the United States are restricted from using the broker's services.

Moreso, the broker does not offer services to residents of certain jurisdictions on the Financial Action Task Force (FATF), European Union (EU), and the United Nations (UN) sanctions lists. 

At the time of writing, the countries on the FATF blacklist are the Democratic People's Republic of Korea, Iran, and Myanmar.

You should check the EU, UN, and FATF sanction lists to ensure your current country of residence is not on the list. If it is, you have to move to an authorized location to access any Vantage FX platform or services.


Customer Service Rating

Vantage FX is rated "average", with a 3.5 score based on 1923 reviews. Most negative reviews centered on the company's slow response to customer support and withdrawal requests. 

However, they commended the support team's effectiveness despite the long waiting times. Other users lauded the broker for their reliable copy trading service. There is room for improvement in handling withdrawal requests and turnaround times when contacting customer support.


Vantage FX Trading Platforms

Vantage Markets supports MetaTrader 4 and MetaTrader 5 Traders can access these platforms directly by downloading the M4 or MT5 on their devices (smartphones and PCs) or using the Vantage app, ProTrader, or WebTrader.

  • Vantage App: The Vantage is available for Android and iOS devices and offers an easy way for traders to access hundreds of currency pairs, indices, share CFDs, and other trading instruments. It is equipped with investing and trading tools such as technical indicators, trading signals, technical charting, order management, customer watchlist alerts, and trading signals. It also supports account opening and funds management. The minimum deposit via the app is $50.

  • ProTrader: Powered by TradingView, the ProTrader app offers low spreads, up to 500:1 leverage, and access to hundreds of trading instruments. It also supports the most popular indicators, in-depth market analysis tools, and over 50 technical drawing tools. The Vantage ProTrader app offers precision charging for scalpers, swing traders, and long-term traders. It offers 8 timeframes and up to 12 chart types. The built-in market news headlines will also help you stay updated on the latest news for over 1000 trading instruments.

  • WebTrader: Traders who want to use the MT4 or MT 5 platform without downloading installation files can access these platforms via the Vantage WebTrader platform. The cloud-based trading platform offers fast and stable access to MT4 & MT5 trading accounts from Chrome, Mozilla Firefox, Internet Explorer, Opera, or Safari browser. It is compatible with Windows, MacOS, and Linux operating systems.

  • MetaTrader 4 (MT4): The MT4 trading platform is a trader's favorite for trading forex. It also supports other trading markets, such as CFDs and Commodities. Vantage partners with MetaQuotes and deep liquidity pools to provide enriched functionality for clients using the MT4 platform. The platform offers swift execution speed, transparent pricing, abundant chart options, chart studies, and indicators. It also has the Expert Advisors (EA) feature for those who want to set up automated trading and copy trading for those who want to mimic the trading patterns of other traders. The platform is accessible by mobile apps, web browsers, and PC applications.

  • MetaTrader 5 (MT5): The MetaTrader 5 (MT5) platform is the direct successor of the MetaTrader 4 (MT4) trading platform. It is designed to offer an excellent trading experience for forex and futures trading. Its features include signals trading, Expert Advisors (EA), copy trading, and the capability to hedge positions. Vantage also leverages its partnership with MetaQuotes and its New York server to offer swift trade executions to their clients when they trade on MT5. The platform supports unlimited charts, low spreads, an inbuilt system of alerts, and backtesting algorithms. The platform is available on all popular operating systems.


Type of Trading Accounts on Vantage FX

Vantage FX offers three types of accounts: RAW ECN, Standard STP, and Pro ECN. They also off a swap-free variation of the Standard STP and RAW ECN accounts

  • RAW ECN account: This account offers spreads from 0.0 and up to 500:1 leverage. The minimum deposit amount is $50. It is a cost-effective option for people who want to trade forex on institutional-grade liquidity from the world's largest institutions. There is a small $3.00 commission per standard lot per side. Traders with this account have access to 1000+ tradable assets, complete transparency, and competitive spreads. There is 24/7 customer support, 9 funding options, and support for 13 platforms across multiple devices.

  • Standard STP Account: The Vantage Standard STP Account is perfect for beginners transitioning from demo trading to a live trading environment. It offers institutional grade spreads, consistent pricing transparency, and low spreads. It is also commission free. Like other accounts, clients using the Standard STP Account can access 1000+ tradable assets and up to 500:1 leverage.

  • PRO ECN Account: The Vantage PRO ECN account is perfect for fund managers, professionals, with unparalleled execution speed, and extra-tight spreads. It has a low $1.50 commission per standard FOREX lot per side. This account helps traders and money managers to keep trading costs low while enjoying exceptional speed and reliability. This account is available to clients using the MT4 and MT5 trading platforms. Note that the minimum deposit requirement for the PRO ECN account is $10,000.

  • Swap-free Standard STP and RAW ECN accounts: Swap-free accounts are ideal for traders who want to adhere to Islamic financial rules. These accounts do not incur swap fees or offer interest charges for overnight positions. Instead, the account holders pay an administration fee on positions deducted from their account's balance. All the other features and trading conditions of the Standard STP and RAW ECN accounts apply.


Trading Denominations on Vantage FX

There are 7 distinct base currencies in which Vantage FX broker accounts can be denominated. These denominations include AUD, USD, GBP, EUR, SGD, CAD, and PLN. Note that the PLN denomination is not available for the PRO ECN accounts.


Company Structure

Vantage is a privately owned trading services firm founded in 2009. It is regulated in various jurisdictions under various subsidiaries such as the Vantage International Group Limited, Vantage Global Limited, and Vantage Global Prime Pty Ltd,

The broker has more than 30 global offices worldwide, and its headquarters is in Sydney.


Vantage FX Licenses and Regulatory Compliance

Vantage FX is regulated in different jurisdictions under its subsidiaries, Vantage Global Prime Pty Ltd, Vantage International Group Limited, Vantage Global Limited, and Vantage Markets (Pty) Ltd.

  • Vantage Global Prime Pty Ltd is registered in Australia (ACN 157 768 566) and regulated by ASIC (AFSL No. 428901).

  • Vantage International Group Limited is registered in the Cayman Islands and is regulated by the Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL) number 1383491.

  • Vantage Global Limited is authorized and regulated by the VFSC (Reg. No. 700271) and registered in Vanuatu.

  • Vantage Markets (Pty) Ltd is registered and regulated by the Financial Sector Conduct Authority ("FSCA") of South Africa under license number 51268.


Vantage FX Customer Protection 

Vantage FX is subject to the Financial Commission, an international organization that resolves financial market disputes. As a member of The Financial Commission, Vantage Markets is a party to the Compensation Fund, which serves as insurance for its clients. Clients can get up to €20,000 per client from The Compensation Fund if the broker does not comply with any judgment of the Financial Commission that favors the client.


Trading Information

Vantage FX provides traders access to the global markets and distinct trading features that create a smooth trading experience. The broker offerings feature 1000 plus trading instruments and various deposit and withdrawal options.


Tradable Instruments

Tradable instruments on Vantage FX trading platforms include

  • 49 Currency pairs

  • 25 Indices

  • 51 ETFs

  • 22 Commodities

  • 800+ Share CFDs 


Vantage FX Leverage

Vantage offers a standard 100:1 leverage. This leverage can go up to 500:1 for approved accounts. Clients must submit applications or contact the broker to increase their forex leverage.


Deposits and Withdrawals on Vantage FX

Vantage FX does not charge commissions for deposits and withdrawals.


Deposits

Vantage enables clients to deposit funds for free in AUS – Dollars, USD – United States Dollar, EUR – Euro, GBP – British Pound Sterling, NZD – New Zealand Dollar, SGD – Singapore Dollar, JPY – Japanese Yen, CAD – Canadian Dollar. However, the involved bank or financial services provider may charge you a fee. As a sign of goodwill, the broker may also cover fees charged by the services provider by reimbursing them to your trading account. 

Vantage does not allow third-party deposits, so you need to ensure that the name on your funding source, such as a bank account, must be the same as the exact name of your Vantage trading account.

At this time, Skrill/NETELLER is not available to residents of Åland Islands, Guinea, Saint Pierre and Miquelon, Anguilla, Kiribati, Saint Vincent and the Grenadines, Bhutan, Liberia, Solomon Islands, Burundi, Mali, South Georgia and the South Sandwich Islands, Cook Islands, Marshall Islands, St. Kitts and Nevis, Equatorial Guinea, Mauritania, Svalbard and Jan Mayen, Fiji, Montserrat, Timor-Leste, French Guiana, Niue, Vanuatu, Gabon, and Papua New Guinea.

Furthermore, Kazakhstan, Latvia, Russia, or Vietnam residents cannot deposit via Neteller.

Deposit Method

Processing Time

Minimum Deposit

Fees

Available currency

Domestic EFT

1-2 business days

$50

$0

AUD

Domestic Fast Transfer

(Australia Only)

Up to a few hours, during AEST Business hours

$50

$0

AUD

International EFT

2-5 business days

$50

$0

AUD, USD, GBP, EUR,SGD, JPY, NZD, CAD

Credit/Debit Card

(Visa and MasterCard)

Instant

$50

$0

AUD, USD, GBP, EUR,SGD, JPY, NZD, CAD

JCB

Instant

$50

$0

JPY

China Union Pay

Instant

$50

1.30% - 2.50%

USD

Neteller

Instant

$50

Subject to Neteller's fees

AUD, USD, GBP, EUR, SGD

Skrill

(Moneybookers)

Within 24 business hours

$50

Subject to

Skrill's fees

USD, EUR, GBP, CAD

AstroPay

Instant    

$50

$0

USD + Most local currencies

Broker-to-Broker

Transfer

2-5 business days

$50

Subject to bank transfer fees

AUD, USD, GBP, EUR,SGD, JPY, NZD, CAD

FasaPay

Instant

$50

$0

USD

Thailand Instant Bank Wire Transfer

Instant

$50

$0

USD


Withdrawals

Vantage does not charge international fees for withdrawals. However, overseas banking institutions may charge intermediary transfer fees, which will be the client's responsibility.

Vantage does not deposit funds to third parties accounts. And withdrawal must first go to the funding source of origination before other methods. For instance, if a deposit is made via card, the deposited funds must be returned to the card. Excess amounts may then be withdrawn via other methods.

Withdrawal Method

Maximum withdrawal amount

Minimum withdrawal amount

Credit Card

Depends on how much you deposit with your card

No limit

International Bank Transfer

No limit

No limit

Thailand Local Bank Transfer

8,500 USD

15 USD

Malaysia Local Bank Transfer

2,300 USD

15 USD

Vietnam Local Bank Transfer

13,000 USD

15 USD

Indonesia Local Bank Transfer

3,500 USD

15 USD

Philippines Local Bank Transfer

1,900 USD

1 USD

Nigeria Local Bank Transfer

4,800 USD

1 USD

India Local Bank Transfer

2,700 USD

10 USD

Laos Local Bank Transfer

14,000 USD

20 USD

UnionPay/MobilePay

4,500 USD

45 USD

Astropay

10,000 USD

5 USD

FasaPay

25,000 USD

0.1 USD

Skrill

No limit

No limit

Neteller

500,000 USD

No limit

Sticpay

300,000 USD

No limit

Bitwallet

No limit

1 USD

Cryptocurrency-USD/BTC

No limit

10 USD

Perfect Money

No limit

0.01 USD/EUR


Vantage FX Trading Education and Training

Vantage FX offers a variety of educational resources. These include Webinars, Academy, and a course on Forex trading. 

  • Webinars: Vantage FX offers educational webinars for traders to brush up on their teaching techniques and gain market insights. The webinars are organized weekly and available to all new and existing Vantage clients. They include insights on the latest market events, trading and chart analysis techniques, the latest tools for traders, and upcoming trading opportunities. Trading professionals host them. There are recordings of each webinar for those who miss the live sessions.

  • Academy: The academy offers insightful articles on trading platforms and trading markets. It also includes topics on market liquidity, fundamental analysis, and financial news.

  • Forex course: The Forex course serves as an introduction to those willing to learn about forex trading. It includes three modules: Forex Market Overview, Forex Market Analysis, and Forex Trading Psychology.


FAQs

Is Vantage FX a Scam?

Vantage FX is not a scam. It is regulated in several jurisdictions.

How do I open a Vantage FX forex trading account?

Visit Vantage FX and select "Live account" from the menu at the top of the page. 


Conclusion

Vantage FX offers a vast array of trading instruments and tons of currency pairs. Their attractive commissions, bonus policy, and swift process of processing deposits and withdrawal make it a great broker for everyone. Although famous as a forex broker, they offer trading instruments in all major asset classes.

In addition, they offer copy trading services, support algorithmic trading and hedging, and offer sophisticated trading tools.

Trading accounts of Vantage FX

  • Standard STP
  • RAW ECN
Trading platforms: MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile
Minimum Deposit : 200 $
Deposit currency :
USD - US Dollar
EUR - Euro
JPY - Japanese Yen
GBP - British Pound
AUD - Australian Dollar
CAD - Canadian Dollar
NZD - New Zealand Dollar
SGD - Singapore Dollar
Trading instruments:
Forex1:500
Number of currency pairs: 38
  • AUD/CAD
  • AUD/CHF
  • AUD/JPY
  • AUD/NZD
  • AUD/SGD
  • AUD/USD
  • CAD/CHF
  • CAD/JPY
  • CAD/SGD
  • CHF/JPY
  • EUR/AUD
  • EUR/CAD
  • EUR/CHF
  • EUR/GBP
  • EUR/JPY
  • EUR/NZD
  • EUR/SGD
  • EUR/USD
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/JPY
  • GBP/NZD
  • GBP/SGD
  • GBP/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/SGD
  • NZD/USD
  • SGD/JPY
  • USD/CAD
  • USD/CHF
  • USD/CNH
  • USD/JPY
  • USD/NOK
  • USD/SEK
  • USD/SGD
CFD's1:500
Amount of assets : 56
  • Indices
  • Products
Metals1:500
  • Gold
  • Silver
Energy sources1:500
  • Oil
Cryptocurrencies
Stop Out:
50 %
Minimum position size:
0.01 лотов
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
80 %
Phone trading:
No
Trading platforms: MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile
Minimum Deposit : 500 $
Deposit currency :
USD - US Dollar
EUR - Euro
JPY - Japanese Yen
GBP - British Pound
AUD - Australian Dollar
CAD - Canadian Dollar
NZD - New Zealand Dollar
SGD - Singapore Dollar
Trading instruments:
Forex1:500
Number of currency pairs: 38
  • AUD/CAD
  • AUD/CHF
  • AUD/JPY
  • AUD/NZD
  • AUD/SGD
  • AUD/USD
  • CAD/CHF
  • CAD/JPY
  • CAD/SGD
  • CHF/JPY
  • EUR/AUD
  • EUR/CAD
  • EUR/CHF
  • EUR/GBP
  • EUR/JPY
  • EUR/NZD
  • EUR/SGD
  • EUR/USD
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/JPY
  • GBP/NZD
  • GBP/SGD
  • GBP/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/SGD
  • NZD/USD
  • SGD/JPY
  • USD/CAD
  • USD/CHF
  • USD/CNH
  • USD/JPY
  • USD/NOK
  • USD/SEK
  • USD/SGD
CFD's1:500
Amount of assets : 56
  • Indices
  • Products
Metals1:500
  • Gold
Energy sources1:500
  • Oil
Cryptocurrencies
Stop Out:
50 %
Minimum position size:
0.01 лотов
Execution type:
Market Execution
Swap Free:
No
VIP Account:
No
Spread type:
Fixed
Decimal places:
5 characters
Margin Call:
80 %
Commission:
$6.00 per lot
Phone trading:
No

Contacts of Vantage FX

Headquarters
Australia , Sydney, NSWMarket Street, 31
show on the map
+61 2 9279 2652Телефон штаб-квартиры

Recent customer reviews of Vantage FX

Kai Pearson 06 December 2022

Advantages: Adjustable leverage Unlimited number of demo accounts

Disadvantages: None

Comment: It was interesting for me to try working with the Ctrader terminal. Before this broker, I tried to work through ctrader, but I still had no luck with execution. It was slow and stupid. My colleagues praised and talked about the uniqueness of the terminal, and I decided to try it one last time. It turned out that the terminal really works with this broker with a bang"! Not a single question arose about trading, but I was a little upset by the speed of processing the withdrawal request. In principle, I was 97% satisfied with trading with this broker!"

Comment
Add a COMMENT
Fletcher Soto 04 October 2022

Advantages: High level of user data security Access to a wide range of modern financial instruments The ability to conduct advanced technical analysis of the market Working on a demo account

Disadvantages: None

Comment: It turned out to triple the deposit on the demo account. Inspired. I decided to open a real one. I don't have much money, but I was able to put in $400. Immediately went into negative territory. There was an impression that everything was somehow unreal. Probably because of the fear of losing their blood. But over the last two transactions, I have returned almost everything that I lost and now I have almost the same amount in my account as at the start. I'll say this: they don't drain it on purpose, all that they lost is the result of confusion and wrong actions. I don't have a lot of experience, and that's how I earn it, on my mistakes. But when I gathered my thoughts, I calculated everything correctly - everything was successful, the transactions made a profit, which I am very happy about. I hope I will be able to achieve good results as well as on the demo and not only increase the depot, but also earn steadily.

Comment
Add a COMMENT
Aldrich Gardner 09 September 2022

Advantages: Favorable trading conditions A large selection of ways to deposit / withdraw funds High-quality technical support Simplicity and convenience High-quality analytics and training Affiliate Program Demo account

Disadvantages: Failures in the operation of terminal

Comment: The broker has no restrictions on trading with different Expert Advisors. I used completely different strategies, in this respect I am very comfortable with them. The broker is suitable for scalping, there are no problems with the execution of orders. I am happy with the cooperation. I wish you good luck!

Comment
Add a COMMENT

Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.