Beginner’s Guide to Vantage FX Review 2022

Vantage FX is a leader among Australian Forex brokers and gives traders the ability to access the Forex markets, Cryptocurrencies, Indices, Commodities and Shares CFDs.

The company has received consistent recognition as a secure, safe forex broker that provides highly transparent access to the markets.

Vantage FX was founded back in 2009 with the founders consisting of a highly specialized team with experience in technology, forex, and finance. The goal behind Vantage FX was to assist clients with pursuing financial goals by providing powerful trading platforms, transparent forex market access, award-winning customer service, and exceptional execution speed.

Vantage FX prides itself on delivering better service and access to the forex markets than competitors, both for retail and professional traders. Additionally, Vantage FX strives to enhance its offerings, ensuring it remains superior to the competition in terms of service.

Vantage FX Review

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Risk Warning : Trading derivatives and forex carries a high level of risk to your capital and should only be traded with money you can afford to lose. Ensure you read the documents on our Legal Page (including FSG, PDSs and Terms & Conditions), and seek independent advice, to fully understand the risks,before deciding to trade. The information in this website is of a general nature only and the advice has been prepared without taking account of your objectives, financial situation or needs.

Vantage FX at a Glance

BrokerVantage FX
RegulationASIC (Australia)
Minium Balance$200
Demo Account
Yes
Asset CoverageCFDs,Forex, Cryptocurrency, Shares, Commodities, Indices
Leverage500:1
Trading PlatformsWeb, Mobile, MT4, MT5, ZuluTrade

Trust & Transparency

Vantage FX makes transparency a priority, particularly given that the forex industry is frequently cloudy. Because of this, the company goes above and beyond to ensure it is fully available to meet the needs of clients and continue delivering reliable and exceptional services.

Additionally, Vantage FX believes that trust must be earned, something the company feels helps differentiate it from competitors. To earn that trust, Vantage FX always actively promotes integrity and ethical practices and offers the best possible services.

Vantage FX also places a focus on maintaining its reputation of delivering integrity. To do so, the company matches its interests with those of clients, so everyone works toward the same goal. At the same time, the company also holds itself fully accountable for its offerings, which allows Vantage FX to ensure that it never compromises its exacting standards.

Vantage FX Advantages

When creating its services, Vantage FX asked itself what traders want from a forex broker. Based on that question, it chose what to include and what values or features to strive toward.

Vantage FX is transparent with strong regulation, lets clients trade on the powerful MetaTrader 4 and MetaTrader 5 platforms, and offers lightning-fast trading execution. It also offers the ability to trade forex, commodities, cryptocurrencies, and indices.

https://www.youtube.com/watch?v=v-30h0RbaXY

Vantage FX has raw ECN spreads from 0.0, offers exclusive FX promotions, has a leverage of up to 500:1, and has earned numerous awards. There is no conflict of interest since traders get true STP/ECN execution that does not involve a dealing desk.

Additionally, Vantage FX prides itself on using top-tier liquidity providers so clients have access to deep institutional liquidity pools.

Vantage FX Licenses & Regulators

Vantage FX is regulated by ASIC (Australian Securities and Investment Commission) as a leading forex broker based out of Australia. As such, the company upholds the highest standards for compliance and regulation from ASIC.

As part of the ASIC regulation, Vantage FX clients can rest easy thanks to Professional Indemnity Insurance that covers the work done by employees, representative, and authorized representatives of Vantage FX.

Vantage Global Prime Pty Ltd CAN 157 768 5661 has Vantage FX Pty Ltd CAN 140 903 886 as an Authorized Representative (with number 343547). Additionally, Vantage Global Prime is regulated and authorized by ASIC and has the Australian Financial Services License number of AFSL 428901.

Vantage FX Standards

The standards that Vantage FX follows due to its ASIC regulation are considered a regulatory benchmark globally, giving clients a great deal of confidence. Additionally, KPMG strictly audits Vantage FX. KPMG is a network of a global nature that includes professional firms that provide audit services as well as those of an advisory nature and tax services.

KPMG annually audits the Vantage FX financial reports and Australian Financial Services License. Additionally, KPMG conducts quarterly reviews of controls over the client money, with all reviews and audits following the auditing and assurance standards of Australia.

Furthermore, Vantage FX segregates all client funds in a trust account that the National Australia Bank holds. This allows for further protection for the funds as the National Australia Bank is AA rated and among the four largest financial institutions in the country. It also consistently ranks among the top 20 safest banks in the world.

Vantage FX Liquidity Partners

To ensure clients always have the best possible liquidity, Vantage FX has 14 different liquidity partners.

These include KCG Hotspot, J.P. Morgan, NAB, CitiBank, Westpac, Nomura, BNP Paribas, HSBC, RBS, Credit Suisse, Goldman Sachs, Bank of America, Societe Generale, and UBS. Overall, Vantage FX has more than 30 liquidity providers.

Vantage FX Account Signup

Opening a Vantage FX account is specifically designed to be incredibly simple. You can begin live trading within minutes. Begin by filling out the online application and then fund the account using your choice of ten different funding methods. From there, you can start trading global markets.

Types of Accounts

Vantage FX offers three main types of accounts: Standard STP, Raw ECN, and PRO ECN, with the second being an incredibly popular option.

  • A Standard STP Account is the ideal choice for beginner traders in search of no commissions and direct, simple access to the market.
  • RAW ECN Accounts are ideal for more experienced traders who need deep liquidity and spreads that are razor sharp.
  • PRO ECN Accounts are ideal for professional traders or money managers that trade with high volumes.

Regardless of account type, Vantage FX clients get access to MetaTrader 4, MetaTrader 5, WebTrader, and mobile apps for trading platforms. In terms of markets, all clients can access 40 currency pairs, 13 indices, and 20 commodities.

As the name implies, the Standard STP account uses STP as the execution type. This account can use the following base currencies: AUD, CAD, GBP, EUR, JPY, NZD, SGD, and USD.

There is a minimum balance of $200 and a minimum trade size of 0.01 lot. The leverage for Standard STP Accounts is up to 500:1 and the spreads start at 1.4 pips. There are no commissions and lot rebates are $2.00 AUD each.

Meta Trader

Given the name, RAW ECN accounts follow the ECN execution type. It offers the same eight base currencies and does not offer $2.00 AUD per lot rebates.

The spreads are from 0.0 pips and the commission is $3.00 per lot per side. The minimum trade size is still 0.01 lot and the minimum balance is $500. PRO ECN Accounts limit base currencies to AUD, CAD, EUR, GBP, and EUR.

There is no $2.00 AUD per lot rebate and commissions are $2.00 per lot per side. Spreads still start at 0.0 pips with a leverage of up to 500:1. While the minimum trade size remains 0.01 lot, the minimum balance is $20,000.

It is possible to change your account type at a future date. Log in and make sure that your account has the minimum balance for your desired type of account. From there, close any open trades you have. At this point, you can contact Vantage FX support to upgrade your account.

Vantage FX Islamic Accounts

Vantage FX also offers an Islamic Account for Muslim traders to utilize so they can enjoy a swap-free account. This account was specifically designed for those forex traders who cannot pay or receive swaps due to religious beliefs.

The account type is fully compliant with Sharia law and Sheikh Hasan Qamra, the Chairman of the Sharia Supervisory Board, fully certified The Islamic Account from Vantage FX. This is unique as Vantage FX is the only forex broker that is officially Sharia compliant.

Vantage FX Demo Accounts

Vantage FX does offer a demo account and it takes less than 30 seconds to sign up for one. Additionally, those who already hold a live account with Vantage FX can take advantage of an Unlimited MT4 and MT5 demo account.

This is designed to ensure that all Vantage FX clients feel confident using their chosen trading platform. This is also a useful feature for testing out a new trading strategy in a risk-free manner, so you can potentially adjust your current strategy and improve future earnings.

The unlimited demo account also includes on-demand access to price data from Vantage FX.

Deposit and Withdrawals

There are no fees for deposits to Vantage FX. Funding options include credit or debit cards, bank wires via international SWIFT or Australian banks, BPAY (in Australia), POLi Payments (in Australia), Skrill/Moneybookers, Neteller, broker to broker transfers, and FasaPay.

As is standard, withdrawal requests must use the same method as your deposit up to the original amount deposited. After this amount, you can select another withdrawal method from the same options as deposits.

Vantage FX Deposits

Vantage FX Bonuses

Vantage FX now offers a unique feature that helps active forex traders, an 8.88 percent cash bonus on the account balance. Those who move their account to Vantage FX or sign up for an account will earn an extra 8.88 percent cash bonus in their available balance. Traders get to opt in to receive this 8.88 percent cash bonus and in either case, you get the same trading conditions, without spread markups.

To receive the cash bonus, you just need to meet the minimum monthly trade volume, which depends on your account balance and whether you have a RAW ECN or Standard STP account. Residents of China should note that this interest promotion is not offered in that region.

Signup Bonus

There is currently a total of eight forex promotions from Vantage FX, including the 8.88 percent cash bonus, forex rebates, Smart Trader Tools, free forex VPS, a 50 percent welcome bonus, email forex signals, the Active Trader Program, and MT4 Indicators.

The forex VPS means that traders do not have to rely on their own internet connection to make trades. The welcome bonus can be up to 50 percent and depends on your initial deposit.

If you deposit $300, you get a bonus of $150, which increases to $200 for deposits of $400 and $250 for deposits of $500. Deposits over $500 also get a bonus of $250.

Vantage FX Forex Rebate Program

With the Vantage FX Forex Rebate Program, clients receive rebates daily in the form of cash that is instantly sent to their MT4 trading account. This program applies to Standard STP Accounts and makes it possible to receive $2.00 AUD for every standard FX lot.

The program is transparent, showing your earned rebates that you can then withdraw or trade whenever you want. To take advantage of the rebate program, you should deposit a minimum of $1,000, which will let you earn as much as 10 percent of the deposit back via rebates.

The rebate program also applies to future deposits higher than $1,000.

Forex Rebates

Trading Platform

Vantage FX uses the MetaTrader 4 and MetaTrader 5 platforms, the best-respected and most popular platforms in the world of forex trading. These platforms are available in 32 different languages with 24/5 market hours.

It also includes forex signals and other features. MetaTrader platform is available via desktop downloads for Windows and Mac, mobile applications, and there is also a WebTrader interface if you prefer that.

Meta Trader Setup

There is also support for MAM/PAMM, MyFXBook AutoTrade, and ZuluTrade. The Vantage FX MAM/PAMM solution allows for unlimited trading accounts, with an allocation speed of 5 milliseconds per account, multiple allocation methods, partial close orders, Expert Advisors, all trading styles, and other features. Zulu Trade offers social trading and MyFXBook AutoTrade offers automated trading.

Assets Coverage

The focus of Vantage FX is forex trading, where you will find more than 40 forex pairs available, along with the ability to use up to 500:1 leverage.

Vantage FX also offers access to 10 world stock exchange indices with a focus on the most liquid indices and a leverage of up to 200:1.

Commodities trading from Vantage FX includes a maximum volume of 20 lots traded for precious metals, a leverage of up to 100:1 on energy markets, and margins from 1 percent on soft commodities markets.

Those interested in cryptocurrency trading can trade Bitcoin with a leverage of up to 5:1, Bitcoin Cash with a 2:1 leverage and contract volume of 0.01, and Dashcoin with up to 50 contracts per trade. There is also trading for Litecoin, Ripple, and Ethereum.

Finally, you can trade U.S.-listed share CFDs with up to 50 U.S. blue-chip companies, from $6 per trade and a leverage of up to 20:1.

Trading Tools

Vantage FX offers a Smart Trader Tools Package that helps the MT4 platform rival even highly advanced institutional trading platforms available, helping retail traders get the same benefits as institutional traders.

This package includes an Alarm Manager with six types of alarms and alerts via pop-up, email, SMS, and Twitter as well as a Correlation Matrix, Correlation Trader, Excel RTD Link, Market Manager, Mini Terminal, Sentiment Trader, Session Map, and Trade Terminal.

This Smart Trader Tools Package is free for anyone who meets the minimum deposit of $1,000.

Traders can also take advantage of daily forex signals sent right to their inbox thanks to the Vantage FX partnership with Trading Central. This includes Technical Analysis as well as forex signals, with as many as two emails each day covering 70 tradable markets.

You can also view as many as 9 timeframes with up to 3 chart types. The Active Trader Program provides new and existing clients with a cash rebate when they meet the minimum deposit requirement.

The Meta Trader Interface

Those who opt for ECN trading can take advantage of automated trading, including Expert Advisors. There is also the previously mentioned free forex VPS, so you can ensure your MT4 platform runs 24/7.

The economic calendar from Vantage FX lets you view upcoming events that will impact the market, including their location, the currency affected, and the predicted impact. You can also utilize Client Sentiment indicators.

Are Vantage FX’s Spreads Competitive?

Vantage FX always strives to offer low spreads that are industry leading. This is possible thanks to the number of liquidity providers that Vantage FX works with as well as the fact that feeds come from up to 70 institutions.

  • The typical spreads for Standard STP Accounts are from 1.4 for EUR/USD, from 1.6 for GBP/USD, from 1.4 for AUD/USD, and from 1.5 for USD/JPY.
  • For RAW ECN Accounts, these spreads go from 0.1, 0.6, 0.4, and 0.5, respectively.
  • PRO ECN spreads tend to go from 0.0, 0.5, 0.3, and 0.4, respectively.

Education

Vantage FX provides an extensive selection of educational tools to help forex traders of all skill levels. There is a step-by-step guide for Learn to Trade Forex, including a market overview, market analysis, and trading psychology.

You can also attend one of the broker’s regular webinars that are led by experienced market strategists and professional traders, look at the MT4 user manuals or comprehensive MT4 video tutorials, or view the MT4 SmartTrader Tools videos to make the most of the MT4 SmartTrader Tools Package.

Trading Servers

To help ensure its quick execution times and excellent service, Vantage FX also uses high-end trading servers. The broker has live trading servers in New York and London, allowing easy access to two of the world’s major financial hubs. The trading servers allow for sourcing ECN market liquidity and streaming that liquidity into the MT4 accounts of clients.

The decision of where to place the servers was not taken lightly. Vantage FX dedicated resources and time into researching the location to maximize the advantage of the trading servers for clients. That led to the decision to have the servers in both London and New York.

Vantage FX also constantly works on enhancing its trading network made up of data centers and servers, which includes updates to the physical locations and hardware. This is one of the many ways that Vantage FX aims to maintain its industry-leading position and maximize its strength. Thanks to the carefully planned trading servers, Vantage FX clients can appreciate stable and super-fast trading conditions unlike those from competitors.

Other Technology

Vantage FX also has a strategic partnership with Equinix for a fiber optic network solution that connects its trading servers to the world. That partnership’s fiber-optic network helps guarantee the lightning-fast execution for every trade and gives Vantage FX a further advantage.

The main points of the fiber optic server network are in New York and London, which account for live servers 1 and 2. There are data centers in Sydney, Guangzhou, Kuching, and Tianjin.

Those who are interested in statistics will want to know that Vantage FX is stable at 99.99 percent of MT4 uptime and has improved the execution speed by 78 percent. Vantage FX carefully tested each fiber optic line that connects the servers to ensure minimization of latency. This allows for the quickest execution speeds for every client.

The goal is to make it possible for clients to realize new possibilities, ignite execution speed, and accelerate performance. This is all done with as much as 100 GB/S of bandwidth.

Vantage FX uses a oneZero MT4 Bridge, which is a next-generation price aggregator that connects Vantage FX’s dark liquidity pool with the client’s MT4 platform. This oneZero MT4 Bridge is actually the only existing solution of a technically advanced nature that can handle the vast number of market orders that require execution and do so at high speeds.

Thanks to this technology, Vantage FX can execute as many as 500,000 trades per millisecond and process as many as 150 unique price feeds at speed.

Vantage FX uses Intel Xeon E7 Processors that feature Turbo Boost Technology to ensure the oneZero MT4 Bridge runs at the maximum possible speed. That helps clients receive the quickest access to global markets, with a core speed of 18 and frequency of up to 3.2 GHz.

Vantage FX Partners

Vantage FX has several partners that it maintains and develops relationships with to enhance the offerings and services available to clients. These partnerships are designed to maximize data resources as well as trading methods that are at the disposal of clients.

One of the partners is the previously mentioned oneZero, a partnership that provides Vantage FX with crucial trading technology, including the oneZero MT4 Bridge platform.

This platform has reliable IT infrastructure, reliable technical support, proven liquidity, and a low-latency trading environment. It is fully customized with scaling designed to serve Vantage FX clients via the increase in liquidity options as well as the lightning-fast execution of trades.

With the oneZero Liquidity Bridge, Vantage FX can manage its trading platform via an intuitive front end that offers extensive flexibility in terms of the ways that the broker offers spreads, integrates with post-trade processors, aggregates liquidity, and configures pricing.

Partners

Another partner of Vantage FX is MetaQuotes, which was established in 2000 and is a leading forex trading platform provider. This is the company responsible for the immensely popular and useful MetaTrader 4 platform, which has helped it earn the reputation as a leading developer for software applications designed for exchanges, banks, and forex brokers.

This partnership with MetaQuotes lets Vantage FX clients get access to the most popular trading platform solutions. At the same time, it also gives clients the ability to enjoy stable and super-fast access to the MT4 forex trading account that you cannot get with another broker.

Trading Central is another partner of Vantage FX and this company delivers research that combines forex signals, mathematical indicators, and a chartist approach for assessing price targets and directional moves. Its methodology is unique, and a team of trading experts and portfolio management experts manages it.

Trading Central’s methodology is award-winning, supplying complex content and a format that clients find intuitive to understand and implement. This is a useful partnership for Vantage FX clients as the most prestigious financial institutions around the world rely on Trading Central for investment strategies for forex, indices, commodities, and more. Trading Central is also a world-renowned benchmark for Technical Analysis.

Finally, Vantage FX partners with CellXpert, which makes it possible for CPA Partners to make use of the latest marketing tools available. CellXpert lets affiliates of Vantage FX server their ads, manage their campaigns, track conversions, and optimize performance in a single, convenient package. This partnership helps ensure that CPA Partners have all the tools needed to enhance productivity and revenue.

Vantage FX Awards

Over the years, Vantage FX has earned honors around the world from respected publications and organizations for premium level service and vast offerings.

  • Finance Monthly honored Vantage FX as the Financial Trading Service Provider of the Year in 2017 as well as 2018 in its Fintech Awards, showing that the broker not only surpasses the competition but does so consistently.
  • Vantage FX is a true ECN broker, and as such, it takes pride in the awards for ECN brokerage services that it has received. The RAW ECN account from Vantage FX has earned honors for its lowest commissions, most transparent trading conditions, and tightest spreads.
  • The Forex Awards honored Vantage FX with the title of Best ECN Broker 2016, Best IB Broker 2016, and Best Customer Support 2016.
  • The Forex Awards 2016 honored Vantage FX as the Best ECN/STP Broker.
  • The Global 100 2017 honored Vantage FX as the winner.

Awards

  • Going back further, in 2012, Vantage FX earned honors from the DealMakers Annual Banking Awards for Best Forex Broker and Forex Execution House South East Asia.
  • The same year, World Finance honored the broker during its Foreign Exchange Awards and the IBTIMES Trading Awards awarded Vantage FX for Best Forex Execution in Asia-Pacific.
  • In 2011, the IBTIME Trading Awards honored Vantage FX with an Excellence Forex Award as a Forex Broker Australia and with a Best Forex honor for Forex Broker South East Asia.
  • Also in 2011, the Smart Investor Blue Ribbon Awards labeled Vantage FX as Recommended for Forex.
  • The broker also was a winner at the 2011 IAIR Awards and a finalist for Best Forex Broker from The Bull.

Vantage FX IB Program

The Vantage FX IB Program stands for Introducing Broker and is designed to help corporate clients and individuals by providing a method of earning revenue of an ongoing nature via client trading activity.

IBs are rewarded with competitive rebates. According to Vantage FX, this broker’s IBs tend to have a greater income than those from other brokers thanks to the award-winning customer service, superior IB infrastructure, transparent IB reporting, and strong brand reputation of Vantage FX.

IB partners can earn rebates on 120 tradable assets and trade on the two most popular platforms, MT4 and MT5.

Vantage FX CPA Affiliates

Becoming a CPA Affiliate is another method of increasing revenue with Vantage FX. Affiliate partners earn commissions on referrals and also receive exclusive access for highly personalized and targeted marketing products.

CPA Affiliates get complimentary access to CellXpert, via the Vantage FX partnership with that state-of-the-art marketing platform. The partnership is available for both corporate clients and individuals worldwide.

Competitors

Vantage FX is in competition with our similar brokers which have covered before, as follows:

Vantage FX Customer Support

From any page on the Vantage FX website, you can click on the Chat button in the lower right corner of the screen to begin a live chat.

You can also call Vantage FX via the phone number conveniently displayed at the top of any page on the website. Vantage FX also has a support email address. The broker always aims to respond to messages within 24 hours.

Customer Support

For added convenience, there are specific phone numbers for those in Australia, the UK, China, Canada, and International, as well as a fax number.

Additionally, those in Sydney can visit the Vantage FX head office. There is an additional office in Melbourne and both offices have their addresses and phone numbers clearly displayed on the Contact Us page of the Vantage FX website and within your client area.

Conclusion

Vantage FX is an Australian broker that focuses on forex trading but also offers trading of other assets, including cryptocurrencies, share CFDs, indices, and commodities.

This broker is regulated by ASIC and has a strong reputation that should inspire confidence in clients. There are several account options available, including an unlimited demo account that you can use to get a feel for their platform.

Vantage FX have a leverage cap in place at $5000 which might put off larger investors but it does have a low deposit requirement of just $200 which is lower than other brokers of this type. Vantage FX also blocks clients from the USA so customers from there will need to find another broker to accommodate them.

You can have confidence in trading with VantageFX, they are a large established company, well regulated so your funds are safe there.

The range of trading platforms is solid, you can trade on the web, mobile, Meta Trader and ZuluTrade.

Visit VantageFX

Risk Warning : Trading derivatives and forex carries a high level of risk to your capital and should only be traded with money you can afford to lose. Ensure you read the documents on our Legal Page (including FSG, PDSs and Terms & Conditions), and seek independent advice, to fully understand the risks,before deciding to trade. The information in this website is of a general nature only and the advice has been prepared without taking account of your objectives, financial situation or needs.

Vantage FX

Pros

  • ASIC-Regulated
  • Low Deposit Requirement
  • Award Winning Broker
  • Meta Trader 4 & 5

Cons

  • Cap on Leverage
  • USA Not Accepted

Source: https://blockonomi.com/vantage-fx-review/