Summary

ProsCons
Well Regulated Broker Standard Account Spreads are high
Offers both MT4 & MT5 Platforms No Crypto Trading Options
Low commissions and account fees

Summary

Vantage FX is a globally regulated broker with licenses in the UK, Australia and the Cayman Islands. They have been operating since 2009 and have their headquarters in Sydney. They specialise in the MT4 and MT5 platforms and have an excellent selection of educational videos and trading tools to help clients get the most out these platforms. They also have low commission and account fees. However the overall selection of markets is not as comprehensive as some other brokers.

Regulation & Security
4.4
Markets
1.4
Account Types
3
Funding & Withdrawals
4
Pricing & Execution
0.9
Commissions & Fees
3.6
Platforms
4.1
Charts
3.9
Tools
2.8
Customer Service
3.9
Education Resources
4
Research & News
3.9

Regulation & Security

Website: https://www.vantagefx.com/

Trading Name: Vantage FX

Regulation: FCA | ASIC | CIMA

Risk Warnings: Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved.

Established: 2009

Number of Employees: N/A

Head Office Location: Sydney, Australia

Listed Company: Private

FBS Balance Protection: FSCS

Segregated Funds: Yes, National Australia Bank

Peer Review: Trust Pilot Excellent from 389 Review FXP 2.934 from 172

Summary

Vantage FX is a globally regulated broker with licenses in the UK, Australia and the Cayman Islands. They have been operating since 2009 and have their headquarters in Sydney. They offer FSCS for balance protection for all clients registered under FCA license. They have an excellent rating on Trust Pilot.

Rating

4.4

Markets

Market TypeNumber of MarketsLeverage
FX 40 Upto 100:1
Indices 13 Up to 20:1
Shares 220 Up to 20:1
Commodities 20 Up to 100:1

Summary

Vantage FX cover all the major FX, Indices and Commodities markets. They offer CFDs on the top 70 UK and EU companies and the top 50 AUS, HK and US Shares but the range is not that deep compared to some other broker.

Rating

1.4

Account Types

Account TypeMinimum Trade ValueMinimum DepositGuaranteed Negative Balance
Mini account
Standard account 0.01 per lot $200
Islamic account 0.01 per lot $500
Professional account 0.01 per lot $500
Corporate account
Demo
Social + Copy Trading ZuluTrade
Stock Broking Myfxbook
Ready Made Portfolios DupliTrade
Regular Saving Investment

Summary

Vantage FX offer three different type of accounts Standard STP, Raw ECN and Pro ECN. The Standard Account is best for new traders who want a low deposit account with no commissions but be aware the spreads are higher. The ECN accounts have lower spreads but clients pay a commission per trade. These accounts are better for higher volume traders. Vantage FX offer more social and copy trading opportunities than most other brokers with ZuluTrade, Myfxbook and Duplitrade.

Rating

3

Funding & Withdrawals

Credit cards Debit Cards Bank Transfer PayPal Skrill Payoneer Neteller Crypto Currencies

Withdrawals: Standard

Summary

Vantage FX offer a wide range of deposit methods and the standard withdrawal processes.

Rating

4

Pricing & Execution

Fixed or Variable Spread: Variable

Market Maker or ECN: STP/ECN

From v Average: Average

Major Markets

GBP/USD EUR/USD USD/JPY EUR/GBP FTSE100 Wall St German 30 US 500
From 1.6 From 1.4 From 1.5 variable 2.3 3.38 0.54 2.82
Apple Tesla Barclays BP Bitcoin Ether Brent Crude Oil Gold
variable variable variable variable N/A N/A 0.39 0.36

Summary

Vantage FX offer variable spreads so in times of high volumes you can pay very small spreads and visa versa in times on low volume you can pay much higher spreads. For Professionals and RAW ECN accounts traders will experience competitive spreads and only $3.00 commissions per standard lot, per side. The standard account has higher spreads.

Rating

0.9

Commissions & Fees

Overnight Financing Inactivity Fee Deposit Fee Withdrawal Charges CFD Commissions Guaranteed Stop Loss Phone Dealing Management Fees Share Dealing Costs Reinvestment Income Charge FX Charges Paper Statements
Yes No No No From $3 Yes No No From $6 N/A No N/A

Summary

Vantage FX don’t have any hidden charges or fees and are one of the few brokers who don't charge Inactivity, deposit or withdrawal fees.

Rating

3.6

Platforms

Desktop Mobile Trading MetaTrader 4 MetaTrader 5 Proprietary Platform

Summary

Vantage FX offer both the MT4 and MT5 platforms but do not have a proprietary platform.

Rating

4.1

Charts

Charting Indicators Charting Drawing Tools Trade From Chart Watchlists
57 31

Summary

Vantage FX have a good selection charting indicators and you can trade directly from the charts.

Rating

3.9

Risk Management Tools

Guaranteed stop-loss orders Market orders Partially close trades Limit and stop entry orders Take-profit orders Stop-loss orders Trailing stop-loss orders Boundary orders Automatic account close-out Complete close-out Last trade in first out Largest position margin first Largest position loss first Price Alerts One-click Execution OCO Orders

Summary

Vantage FX offer a basic level of risk management tools.

Rating

2.8

Customer Service

Phone Live Chat Email Forums FAQs Multilingual

Summary

Vantage FX have good customer service and offer live chat.

Rating

3.9

Education Resources

Demo account General educational articles General educational videos Dedicated Education Centre Seminar & Webinars Platform tutorial videos Trading Community
23

Summary

Vantage FX have a series of articles covering the basics of FX Trading. They also have 30+ free videos which includes an Introduction to Forex, MT4 – A Complete Guide, Introduction to Smart Trader Tools and the MT5 Complete Guide. For active clients they have Pro Trader course in portal with an additional 130+ video tutorials.

Rating

4

Research & News

Daily Market Commentary News Service Signals Research Technical Analysis Sentiment Analysis Economic Calendar Blogs

Summary

Vantage FX have a live news service and a daily market commentary, technical analysis and video updates.

Rating

3.9

If you have anything you wish to report good or bad about this platform please use Trust Pilot so other traders can see your experiences and the company’s responses