Vantage FX began operations in 2009 and was founded by a team of specialists in finance, technology, and the Forex market. It provides assistance to clients in achieving their goals with transparent access to Forex and the ability to use the most modern trading platforms – MetaTrader4 and MetaTrader5.
To be clear, this is a VantageFX Review made by our professionals:
Over the years, vantage fx trading has received worldwide recognition and many awards in various categories. After 2 years of work in the market, the broker received the title Recommended for Forex and in 2019 was named the “Best Financial Services Provider of the Year”.
How Does Vantage FX Exchange Work
For trading, the broker suggests using the ZuluTrade, MT4 and MT5 platforms to choose from. The first platform is exclusively for social trading. The last two are presented in the form of applications that are available for installation on PCs and smartphones with Android and iOS.
Vantage FCC broker has the following types of accounts:
- RAW ESN
The minimum deposit is 500 dollars and a commission of 3 dollars.
- Standard STP
The minimum deposit amount is $ 200, no commission.
- PRO ECN
The deposit amount is not indicated, but the commission is up to 2 dollars.
The account is fully consistent with the Sharia, the minimum deposit is $ 200, no commission is charged.
For each account, the leverage can reach 1: 500, all depending on the type of asset used and the minimum transaction size is 0.01 lots. You can fund your account in euros, Japanese yen, Australian dollars, New Zealand dollars, US dollars, Canadian dollars, British pounds, and others.
How To Trade On Vantage FX
To create an account, you will need to click the “Live account” button and enter information about yourself. You will need to provide personal and contact information, country of residence and type of account.
Upon completion, you will be automatically transferred to another registration form at vantagefx.com. There, in addition to personal data, you will need to specify the account settings and passport data or ID-card data.
After completing the account creation process, it is recommended that you pass an account verification. According to Vantage FX users, this fixes a withdrawal problem.
Is Vantage FX Safe?
The broker currently has several branches that are regulated by CIMA, ASIC and the UK Financial Conduct Authority (FRN: 590299).
In addition, all customer funds are held in a separate account with the National Australian Bank, which is on the list of 4 most reliable banks in Australia. Trader reviews often indicate that its capitalization is $ 93 billion, which is why NAB is in the TOP-20 of the largest banks in the world.
Among the advantages of a broker can be called the fact that it is reliable and regulated by ASIC, provides the opportunity to trade binary options, has low spreads and supports for social trading. Of its drawbacks is the lack of localized support for traders from Southeast Asia.
In general, Vantage FX also offers traders with an excellent level of service and the platforms provided by the broker work quickly and reliably.