Vantage FX is the market leader among Australian Forex brokers, offering a diverse variety of goods to traders.
The business has been recognised on a consistent basis as a secure, safe forex broker with very transparent market access.
Vantage FX was established in 2009 by a group of highly skilled individuals with backgrounds in technology, forex, and finance. This broker’s mission was to help customers in achieving their financial objectives via the provision of sophisticated trading platforms, transparent forex market access, award-winning customer care, and lightning-fast execution.
Vantage FX Customer Support
This platform takes pride in providing superior service and access to the currency markets to both retail and professional traders. Additionally, Vantage FX tries to improve its services, ensuring that it surpasses its competitors in terms of client care.
To start a live conversation, go to any page on the Vantage FX website and click the Chat icon in the bottom right corner of the screen.
Vantage FX may also be contacted by telephone at the number shown at the top of any page on the website. Additionally, Vantage FX offers an email address for client assistance. Every attempt is made to reply to all messages within 24 hours.
There are phone lines for Australia, the United Kingdom, China, Canada, and International, as well as a fax number, for additional convenience.
Visitors to Sydney may also pay a visit to the headquarters of Vantage FX. A second office is located in Melbourne, and both offices’ addresses and phone numbers are prominently shown on the Vantage FX website’s Contact Us page as well as in your client area.
Vantage FX Tools and Software
Vantage FX provides a Smart Trader Tools Package that allows the MT4 platform to compete with even the most sophisticated institutional trading platforms, allowing retail traders to take use of institutional-level capabilities.
This package includes a Correlation Matrix, a Correlation Trader, an Excel RTD Link, a Market Manager, a Mini Terminal, a Sentiment Trader, a Session Map, and a Trade Terminal.
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Anyone who makes a minimum $1,000 deposit will get this Smart Trader Tools Package for free.
Additionally, traders may benefit from Vantage FX’s relationship with Trading Central, which provides daily forex advise through email. The service includes technical analysis and currency recommendations, with up to two emails each day covering 70 trading markets.
Additionally, you may see up to nine separate time periods and three alternative chart styles. Clients that achieve the minimum deposit requirement, both new and current, are eligible for a monetary reward via the Active Trader Program.
Those that trade ECN may benefit from automated trading tools such as Expert Advisors. Additionally, there is the free forex VPS stated before, which ensures that your MT4 platform is available 24 hours a day, seven days a week.
The Vantage FX economic calendar shows forthcoming events that will have an effect on the market, along with their location, currency implications, and expected impact. Another possibility is to use Client Sentiment Indicators.
Vantage FX Trading Interface
Vantage FX trades using the MetaTrader 4 and MetaTrader 5 platforms, which are two of the most widely used and recognised trading platforms in the forex industry. These platforms are accessible in 32 languages 24 hours a day, five days a week.
Additionally, it has other functions, such as forex signals. MetaTrader is available in a variety of configurations, including desktop software for Windows and Mac, mobile apps, and a WebTrader interface.
Copy Trading and Social Trading
Additionally, MAM/PAMM, MyFXBook AutoTrade, and ZuluTrade are supported. The Vantage FX MAM/PAMM system supports an infinite number of trading accounts, each with a 5 millisecond allocation speed, several allocation techniques, partial closure orders, Expert Advisors, and all trading styles. MyFXBook AutoTrade and Zulu Trade both provide social trading in addition to automatic trading.
Account Types and Fees
Vantage FX provides three account types: basic STP, raw ECN, and PRO ECN, the latter of which is the most popular.
Vantage FX customers, regardless of account type, have access to MetaTrader 4, MetaTrader 5, WebTrader, and mobile trading platforms. Clients get access to 40 currency pairings, 13 indices, and 20 commodities markets.
As implied by the account’s name, the execution type is STP. The following base currencies are supported by this account: AUD, CAD, GBP, EUR, JPY, NZD, SGD, and USD.
A minimum amount of $200 is required, as is a minimum transaction size of 0.01 lot. Standard STP Accounts provide up to 500:1 leverage and spreads as low as 1.4 pips. There are no commissions and the return on each lot is $2.00 AUD.
As the name implies, RAW ECN accounts use the ECN execution type. It includes the same eight base currencies as previously, but there are no $2.00 Australian dollar lot rewards.
Each side costs $3.00 per lot, with spreads starting at 0.0 pips. The minimum transaction value remains 0.01 lot, with a $500 minimum balance. PRO ECN Accounts are available only in the following base currencies: AUD, CAD, EUR, GBP, and EUR.
There will be no return on each lot of $2.00 AUD, and commissions will be set at $2.00 per lot each side. Spreads begin at 0.0 pips and leverage is available up to 500:1. While the minimum balance requirement has been increased to $20,000, the minimum trade size remains 0.01 lot.
You may change the kind of account you have at any time in the future. Log in and verify that your account balance meets the required minimum balance for the account type you’ve chosen. Following that, you should close any open transactions. Your account may now be upgraded by contacting Vantage FX customer service.
Vantage FX Regulation
ASIC regulates Vantage FX, a well-known forex broker headquartered in Australia (Australian Securities and Investment Commission). As a result, the business adheres to the most rigorous compliance and regulatory requirements set by ASIC.
Clients of Vantage FX may rest easy knowing that the business has Professional Indemnity Insurance, which protects the services performed by Vantage FX employees, agents, and authorised representatives in accordance with ASIC legislation.
Vantage Global Prime Pty Ltd CAN 157 768 5661 is represented by Vantage FX Pty Ltd CAN 140 903 886. (with number 343547). ASIC regulates and authorises Vantage Global Prime, which has the Australian Financial Services License number AFSL 428901.
Deposit and Withdrawals
Vantage FX offers totally free deposits. Credit or debit cards, international SWIFT or Australian bank wire transfers, BPAY (in Australia), POLi Payments (in Australia), Skrill/Moneybookers, Neteller, broker-to-broker transfers, and FasaPay are all acceptable methods of funding.
Withdrawal requests must be made in the same manner as deposits, up to the amount of the initial deposit. Once you’ve reached this amount, you may select another withdrawal method from the same list as for deposits.
Vantage FX offers totally free deposits. Credit or debit cards, international SWIFT or Australian bank wire transfers, BPAY (in Australia), POLi Payments (in Australia), Skrill/Moneybookers, Neteller, broker-to-broker transfers, and FasaPay are all acceptable methods of funding.
Withdrawal requests must be made in the same manner as deposits, up to the amount of the initial deposit. Once you’ve reached this amount, you may select another withdrawal method from the same list as for deposits.
Verdict
Vantage FX is a forex broker based in Australia that also trades cryptocurrencies, stock CFDs, indices, and commodities.
This broker is licensed by ASIC and has an excellent reputation, which should reassure customers. You may create a variety of account types, including an unlimited trial account to familiarise yourself with the site.
VFX has a leverage limit of $5,000, which may deter bigger investors, but it also has a modest deposit requirement of $200, which is lower than that of other brokers in this category. Additionally, Vantage FX does not accept clients from the United States, forcing residents of that country to choose another broker.
You may trade with VantageFX with confidence, since they are a well-established, well-regulated business that will safeguard your funds.
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