Vantage FX (Vantage Markets) is one of Australia’s leading Forex brokers, headquartered in Sydney. Founded in 2009, the exchange is slowly gaining popularity and interest in this competitive field.
The exchange offers different solutions for investors on diverse platforms so that they can access their accounts and execute trades properly. Orders are executed quickly and thanks to quality customer support, traders can enjoy a professional environment at a lower cost than other brokers.
Vantage FX (Vantage Markets) always maintains transaction costs at a competitive level. ECN accounts currently offer attractive spreads, ideal for scalping. The broker offers the trade of Forex and CFD pairs on commodities, indices, stocks, and cryptocurrencies, if you are looking for a reliable place to trade then this is the perfect choice for you.
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Is Vantage FX reputable?
Currently, Vantage FX consists of 3 entities that are regulated companies in different jurisdictions. Specifically:
Vantage FX PTY LTD is licensed by ASIC – Australian Securities and Investments Commission, license number 140 903 886.
Vantage Global Prime LLP is authorized and regulated by the FCA – UK Financial Conduct Authority, license number 590299.
Vantage International Group Limited is authorized and regulated by the Cayman Islands Monetary Authority.
With such a legal record, investors can rest assured that their interests will be guaranteed by these agencies. Vantage FX also separates the client’s account from the company’s account and deposits it in National Australia Bank, ensuring maximum security for investors’ deposits. To provide the best service to clients all over the world, Vantage FX has cooperated with many liquidity providers, creating the best trading environment for investors.
Vantage FX trading account types
Vantage Fx floor currently offers 3 types of trading accounts, namely: STP Standard and Raw ECN, and Pro ECN. Which, Raw ECN account is the most popular account, most chosen by traders, and Pro ECN has been removed, with traders who have traded with this account before, still able to continue trading.
-The Standard STP account is the perfect account type for new traders who want simple, direct market access without commissions.
-RAW ECN accounts are designed for experienced traders to have the opportunity to trade at extremely attractive rates, directly from the world’s largest banks and institutions, with no modifications, for only a small amount of money. very small commission 3 USD/lot/1 way.
-The PRO ECN account is designed for professional traders and fund managers with high trading volumes. With the high liquidity offered by the world’s largest banks, the PRO ECN account offers unparalleled speed and stability to professional forex traders.
Leverage, commissions, and spreads
Spread
Vantage’s data sources come from 70 institutions that are leading banks and liquidity providers. This variety allows the broker to offer industry-leading spreads from as little as 0.0 pips on RAW ECN accounts and 1.0 pips on Standard STP accounts.
| Standard | Raw | Pro | |
| EURUSD | 1.4 | 0.0 | 0.0 |
| AUDUSD | 1.6 | 0.5 | 0.5 |
| GBPUSD | 1.4 | 0.3 | 0.3 |
| USDJPY | 1.5 | 0.4 | 0.4 |
Commission
Only applicable on Raw ECN and Pro ECN accounts. At Vantage FX, a commission will be charged for forex transactions and the fee will vary according to the base currency of the trading account. With USD, the fee will be 6 USD/lot/transaction (Raw ECN) and 3.5 USD/lot/trade (Pro ECN) or with EUR it will be 5 EUR (Raw ECN) and 3 EUR (Pro ECN), …
Lever
The maximum leverage at Vantage FX is 1:500. This is an average ratio compared to the average in the market, many exchanges now allow trading with leverage up to 1: several thousand, however, high leverage always comes with great risks.
The maximum leverage ratio depends on each product type, specifically as follows:
Forex is 1:500
Metals: gold is 1:500, silver is 1:100 and copper is 1:50
Index: up to 1:333
Stock is 1:20
Energy: 1:20 or 1:100 depending on the type of product
Agricultural products are 1:50 (cocoa, coffee), 1:33 (sugar, cotton, orange juice)
Vantage FX trading products
Vantage FX offers investors hundreds of trading instruments in a variety of product groups such as forex, metals, indices, stocks, energies, and agricultural commodities.
Forex: includes 41 currency pairs, including majors, crosses, and exotics – pairs that combine a major and a small economy currency or emerging like USD/TRY, EUR/TRY…
Metals: gold, silver, and copper are 3 metals that are allowed to be traded on this exchange.
Indices: provides 15 stock indexes from the US, UK, Japan, Germany, Italy, France… some famous indexes in the world such as Nasdaq 100, Dow Jones 30, S&P 500, DAX30…
Stocks: more than 100 famous stocks listed on US and Hong Kong markets.
Energy: including crude oil (US oil, UK oil), natural gas, gasoline…
Metals: gold, silver, and copper are 3 metals that are allowed to be traded on this exchange.
Indices: provides 15 stock indexes from the US, UK, Japan, Germany, Italy, France… some famous indexes in the world such as Nasdaq 100, Dow Jones 30, S&P 500, DAX30…
Stocks: more than 100 famous stocks listed on US and Hong Kong markets.
Energy: including crude oil (US oil, UK oil), natural gas, gasoline…
Agricultural products: at Vantage FX, investors can trade the following agricultural products: coffee, cocoa, sugar, cotton, and orange juice.
With such a product portfolio, it is probably enough to meet the trading needs of investors. However, if Vantage FX can offer more cryptocurrencies, it will be more complete because this is a product that is receiving the attention of many traders in the market.
Trading Platform at Vantage FX
Vantage FX offers both MetaTrader trading platforms, the MT4 and MT5 platforms. Investors can trade all account types on one of these two platforms and can trade all products available at the exchange with the same trading conditions, only different support features. trading support that each platform offers.
Deposit and withdraw at Vantage FX
Vantage FX offers a variety of deposit and withdrawal methods, including wire transfer, Visa/Master cards, Paypal, Neteller, Skrill, and fasapay, in addition, this forex broker also allows investors. implement a broker-to-broker transfer method.
Recharge
- All deposit methods are free of charge
- Minimum deposit is 200$
- The maximum deposit is 10,000$
- Deposit processing time is usually instant, for bank transfers it takes 1-2 days, and switching from one broker to another takes 2-5 days.
Withdraw money
- International wire transfer is charged 20$ per withdrawal, other forms are not charged.
- No minimum withdrawal is required
- It can take 3-5 days for the money to return to your account
REGISTER AN ACCOUNT AT VANTAGE
Overview of the Vantage FX exchange
- Licensed by reputable forex regulatory bodies
- Diverse trading products
- Diversified trading accounts, classified by investors
- Good trading platform, providing many good support tools
- Trade with no commissions (Standard STP) or competitive fees (Raw ECN)
- Low spreads
- Offers a variety of deposit and withdrawal methods with no fees (except wire transfer)
- Many attractive promotions