October 4, 2019
Vantage FX broker review: trading conditions and company advantages

Vantage FX is a Forex ECN and CFD broker headquartered in the Cayman Islands, offering more than 120 traded assets on currencies, indices, commodities, and CFDs on U.S. and Hong Kong stocks on metaTrader platform for Mac, PC, iOS and Android.

Vantage FX was founded in 2009 in Australia and is a trademark of The Vantage International Group, which is regulated by the Cayman Islands Monetary Authority (CIMA) and advertises the segregation of customers' funds that are stored in Australian National Australia Bank (NAB) with an AA rating.

The broker offers services designed for both beginners and professional traders with access to Forex ECN trading.

The broker's advantages include:

  •       Forex ECN Trading.
  •       The U.S. and Hong Kong share CFDs.
  •       Separated customer funds at National Australia Bank (NAB).
  •       Unique bonuses and promotional offers.

Broker's regulation

Vantage FX is regulated by the Cayman Islands Monetary Authority (CIMA) under the name Vantage International Group. Vantage Group is also regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA). However, Vantage FX is not regulated by the British or other European regulator, which means that they do not fall under the recent ESMA rules and actually have the ability to offer bonuses and promotions, as well as trade with higher leverage.

Basic information about broker's conditions

Vantage FX offers more than 120 traded assets covering Forex ECN, indices, commodities and CFDs for U.S. and Hong Kong stocks. A wide range of asset and product classes is available for trading with Vantage FX.

Trading costs, such as spreads and commissions, vary depending on the type of account and the trading platform used. Vantage FX offers three main types of real-time trading accounts called Standard STP, Raw ECN and Pro ECN. The broker also offers Islamic accounts without swaps and a free MT4 demo account.

All accounts are available on MetaTrader 4 and MetaTrader 5 trading platforms for Windows, Mac, Android and iOS operating systems. The biggest differences between the three trading accounts are the minimum balances required for Pro ECN, which requires a minimum deposit of $20,000, for a raw ECN $500 and for a standard STP of just $200.

Users can also choose between free trading accounts or lower spreads with commission trading. To open a real or demo account, users simply need to go to the Vantage FX homepage and select a "Real Account" or "Demo Account" located in the top right corner.

Vantage FX offers traders several ways to top up their trading accounts, such as bank transfer, credit card, Paypal, Neteller, Skrill, China Union Pay and others.

According to the broker's website, Vantage FX does not charge any internal commissions for input and withdrawal. All withdrawal requests are processed Monday through Friday from 9 a.m. to 7 p.m.

Vantage FX customers have access to MetaTrader 4 and MetaTrader 5 trading platforms for Windows, Mac, Android and iOS. Users can also access the MT4/MT5 Web Trader platform, as well as the Social Trading platforms MyFXbook and zulutrade.

Customers trading with Vantage FX are offered a unique set of additional products to help them trade. They include:

  •   MT4 Smart Trader Tools. In this toolkit, customers can access six types of alarms, a correlation matrix, graphic market reviews, advanced order types, and a sentiment-defining tool. However, customers must have a real Vantage FX account with a minimum amount of $1,000.
  •   MT4 indicators from Trading Central. Customers can get free access to Trading Central indicators and signals, including adaptive convergence/divergence signals of MT4, Analyst Opinion and Adaptive Candlesticks. However, as stated above, customers must have a real Vantage FX account with a minimum amount of $1,000.
  •   Social trading. Users can connect to popular social trading platforms such as zulutrade and MyFXbook to copy other traders or become signals provider themselves.

Vantage FX currently offers a wide range of bonuses and promotions for beginners and professional traders. Although bonuses and promotions may change over time, the broker has a dedicated web page detailing current promotions.

Based on our observations, the Vantage FX offering offers a wide range of products and tools that are suitable for both beginners and experienced traders. The three main types of trading account: Standard STP, Raw ECN and Pro ECN provide a full range of trading without commissions and commissions with various minimum deposits, providing flexibility for the trader.

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