Unique Selling Points
Best broker for high-volume traders
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.
Flexibility: Clients can access 1000+ trading instruments via the Vantage desktop and mobile app.
Resources: The broker offers educational resources and guides to beginners. They also offer market analysis and trading tools for novice and professional traders.
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.
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.
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.
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 on Vantage FX trading platforms include
49 Currency pairs
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.
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.
1-2 business days
Domestic Fast Transfer
Up to a few hours, during AEST Business hours
2-5 business days
AUD, USD, GBP, EUR,SGD, JPY, NZD, CAD
(Visa and MasterCard)
AUD, USD, GBP, EUR,SGD, JPY, NZD, CAD
China Union Pay
1.30% - 2.50%
Subject to Neteller's fees
AUD, USD, GBP, EUR, SGD
Within 24 business hours
USD, EUR, GBP, CAD
USD + Most local currencies
2-5 business days
Subject to bank transfer fees
AUD, USD, GBP, EUR,SGD, JPY, NZD, CAD
Thailand Instant Bank Wire Transfer
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.
Maximum withdrawal amount
Minimum withdrawal amount
Depends on how much you deposit with your card
International Bank Transfer
Thailand Local Bank Transfer
Malaysia Local Bank Transfer
Vietnam Local Bank Transfer
Indonesia Local Bank Transfer
Philippines Local Bank Transfer
Nigeria Local Bank Transfer
India Local Bank Transfer
Laos Local Bank Transfer
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.
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.
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.