Vantage FX Guide – Read our In-Depth Vantage FX Review
This Vantage FX review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this Vantage FX review does not apply to US users.
If you're a new entrant in the realm of trading and brokerage, so many facts will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You'll get proficient at all of the concepts of broker as you continue trading. For starters, you have to choose the ideal broker who will be clear with you constantly.
Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program will create hefty returns. Vantage FX is one such stage that will take you along with your investment into great heights. It is crucial to understand about Vantage FX until you trust them with your money.
Our full Vantage FX Review covers all you will need to learn about trading using Vantage FX. A good broker can multiply your initial investments and provide you positive profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investing objectives.
There is no sure-fire method to ensure profits; thus, you must carefully analyze your broker before you choose them. It's a common misconception that all brokers will be the same, but that's not true. Wrong judgment, initially, can set your investments at risk.
Vantage FX is a broker that has paved its way successfully to the brokerage world. In this review, we have attempted to collate some of the vital facets of Vantage FX. This review will allow you to understand whether Vantage FX is a good fit for your own investments or not. We've tried to breakdown all of the qualities and charges for your advantage.
Vantage FX Review, Table Of Contents
- Who are Vantage FX?
- Benefits Of Trading With Vantage FX
- Everything you should know about trading with Vantage FX
- Is Vantage FX Safe To Trade With?
- Pro's & Con's Of Trading With Vantage FX?
- Compare Brokers Similar To Vantage FX
- Regulation And Licencing In More Detail
- Vantage FX Awards
- Minimum Deposit Required For A Live Account With Vantage FX
- Vantage FX Commission And Fees Explained
- Compare broker fees against Vantage FX
- Vantage FX Withdrawal Fees Explained
- Vantage FX Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Vantage FX?
- Alternatives To Vantage FX
- Frequently Asked Questions About Vantage FX
Who are Vantage FX?
Vantage FX is a foreign exchange broker headquartered in Australia and provides a range of instruments for trading. Since its start in 2008, Vantage FX has emerged as a top player in the industry of online broker. Vantage FX includes an extremely competitive and full-featured trading site that's focused on currency, indices, metals, shares, commodities.
Over the past 13 years, Vantage FX has grown into one of the leading online brokers.
After launching in 2008, their client base has become as large as 10,000+ clients.
Vantage FX is the favorite of many dealers.. Our Vantage FX review discovered that they are an superb choice for automated trading solutions. It is best suited for investors that are searching for an assortment of assets. Social and automated trading solutions are the heart at Vantage FX.
Technology plays a substantial role in Vantage FX. Vantage FX features trading on MT4. Vantage FX is fair, transparent, and also a well-regulated broker by the Australian Securities & Investment Commission (ASIC). Their outstanding array of resources will be beneficial for most traders. Third-party partnerships also provide in-house analysis.
The educational section at Vantage FX is quite insightful for new traders as it permits them to have a closer look in the financial markets. Vantage FX caters to all types of traders and are a must-have broker for almost any well-diversified approach to online trading.
If you feel that Vantage FX is not right for you then at the bottom of this Vantage FX review you wil find a lot of alternatives to Vantage FX.
Everything you ought to know about trading using Vantage FX
Vantage FX is a dynamic platform that offers various methods of online trading. These tools cover the monetary markets substantially. The Majority of the broker platforms offer fewer procedures than Vantage FX
If you want to exchange with Vantage FX, you'll need a minimum deposit of $200. This deposit is compulsory if you want to start trading using Vantage FX. This 2021 Vantage FX review will guide you easily about trading with them.
Vantage FX is as flexible as another broker platform. Vantage FX is ideal for traders who want a manageable range of low-cost services. The programs provided by Vantage FX are third-party, white-label offerings. All traders can select from MT4.
Together with everything, Vantage FX has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time over which a transaction must be kept open. The agents provide premium client service that rewards customers with advantages.
Many unethical brokers attempt to pressurise customers into bigger financing for premium services. Vantage FX, on the other hand, is more focused on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the further advantages will become available.
Vantage FX accounts are available globally and provides excellent service wherever they have clients. There are only a select few countries where Vantage FX accounts are not available. Traders in the following countries cannot open or use a Vantage FX account:
Is Vantage FX Safe To Trade With?
Launched in 2008, Vantage FX has been operating for 13 years, they have a head office in Australia.
Vantage FX is regulated by Australian Securities & Investment Commission (ASIC). These figures have rules that make sure that trading platforms have measures in place to maintain investor's assets procured. This means that Vantage FX users don't need to worry about their money as it's segregated and safely stored in banks that are established. SSL encryption simplifies each user's personal information as well.
You can make use of a choice for Two Factor Authentications (2FA) with Vantage FX for heightened security. An SMS with the verification code will be sent to a mobile phone. You'll be asked to enter this code to log in to your account.
Another concern with fiscal brokers is in regards to safety might be manipulation of trading. This is highly disadvantageous to consumers on those platforms. However, this is much more prevalent in the case of Market Maker brokers who compete with users on the stage.
Pro's & Con's Of Trading With Vantage FX
Every online trading platform has a few pros and cons Vantage FX review would be complete without having a balanced approach. This Vantage FX review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Vantage FX Pro's
- Vantage FX is trusted by 10,000+ clients
- Vantage FX doesn't charge withdrawal fees
- Vantage FX doesn't charge inactivity fees
- Vantage FX doesn't charge deposit fees
- Vantage FX doesn't charge CFD fees
- Vantage FX offer trading on MT4
- Vantage FX offer 247 trading instruments
- Vantage FX trades major forex pairs
- Vantage FX trades exotic forex pairs
- Vantage FX offers trading on cryptocurrencies
- Vantage FX can communicate in
Vantage FX Con's
- Vantage FX does not offer Negative Balance Protection
- Vantage FX does not offer Guaranteed Stop Loss
- Vantage FX doesn't trade minor forex pairs
Vantage FX Review - Compare Brokers Similar To Vantage FX
|Vantage FX||CM Trading||Finpro||Personal Capital|
|Regulated By||Australian Securities & Investment Commission (ASIC)||Financial Sector Conduct Authority (FSCA)||Unregulated||Unregulated|
|Find Out More|
|Risk Warning||Your capital is at risk||Losses can exceed deposits||Your capital is at risk||Your capital is at risk|
Vantage FX Review - Regulation And Licencing In More Detail
Vantage FX is regulated by Australian Securities & Investment Commission (ASIC).
Vantage FX, as a business, has a powerful collection of rules for ensuring honest trading on its own platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, client information is never to be shared with some other institutions or individuals. Including credit history and other financial information.
Vantage FX Review - Awards
- At the time of writing this Vantage FX review, they had not received any awards.
Vantage FX Review - Minimum Deposit Required
The minimum deposit you must deposit to begin on Vantage FX is $200. This is an adequate amount for people just beginning. You can create more advanced deposits as you go along. However, ensure you understand how to make the most of your money before investing larger amounts.
Vantage FX Review - Commission And Fees Explained
Vantage FX is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. That is, an internet broker is not necessarily influenced by the number of customers they have.
But this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are primarily three types of penalties for this purpose.
The first kind of fees to look out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In such cases, you're paying a spread, financing speed, or a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people that are billed when you hold a leveraged position for longer than daily.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake on your account. They're charged for surgeries like depositing money, not trading for long periods, or withdrawals.
Generally, Vantage FX does not charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, for example daily or weekly trading.
However, non-trading fees billed by Vantage FX are relatively higher. As a result, you are charged more for non-trading actions on your trading account, like withdrawal and deposits. These are not about the purchase and sale of resources.
This Vantage FX review breaks down each of the applicable non-trading fees for you in detail.
Compare broker fees against Vantage FX
|Vantage FX||CM Trading||Finpro||Personal Capital|
Vantage FX Review - Withdrawal Fees ExplainedVantage FX doesn't charge withdrawal fees
Withdrawal of money is possible at any time from the Vantage FX account. It's possible to draw sums up to the amount of your account balance, keeping aside the perimeter utilized. 1 thing to remember is that you don't necessarily need to have any cash in your accounts.
Moreover, the withdrawn money will be moved directly to the account you use to create deposits. Thus, if you used a credit card for deposits, the withdrawn money is going to be sent into the card. Vantage FX will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing cash in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you're choosing to withdraw in.
Vantage FX Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of those buzzing questions which run through your head while open an account with Vantage FX. An inactivity fee is an amount charged to registered traders who haven't engaged in buying or selling for some time. The period regarded as inactive is determined by the agent.
The inactivity fee also differs from 1 agent to another and is not standardized. If a traders account does not have a buying or selling transaction, it's maintained by the broker as an inactivity fee. The traders need to pay this fee under conditions and terms that they had agreed while enrolling.
Vantage FX doesn't charge inactivity fees so you are free to use your account as needed
Even if no charges have been implied by Vantage FX, it is better that you close the account if you're inactive. Inactivity fees aren't just charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee is contingent upon the type of account you have chosen. The inactivity fee is exposed to many conditions and needs to be revealed clearly by the agent beforehand.
Vantage FX Review - Deposit Fees Explained
When you transfer money into your trading account from your bank account, a deposit fee can be charged by the broker. Most agents don't charge too much money for this operation.
Vantage FX doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the Vantage FX trading platform is simple. You just have to complete a single-user profile questionnaire to begin depositing money into your trading account. You will have to provide an identity proof and proof of residency to deposit substantial sums.
Vantage FX Review - Compare Broker Deposit Methods
|Vantage FX||CM Trading||Finpro||Personal Capital|
What Can You trade With Vantage FX?
Note: Vantage FX provides a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered may be different based on the country of residence of the client.
Vantage FX has a wide variety of over 247 instruments available for you to trade with.
If trading currency pairs is of interest to you then Vantage FX offer over forex pairs.
Compare Vantage FX, CM Trading, Finpro & Personal Capital below.
Alternatives To Vantage FX
If, after reading this Vantage FX review, Vantage FX does not meet your requirements check out these Vantage FX alternatives.
We've scoured the web to find the best alternatives to Vantage FX. Click the links below to learn more.
Frequently Asked Questions about Vantage FX
Can I try Vantage FX before I buy?
Yes, you can most definitely try Vantage FX before you buy. Vantage FX offers demo accounts for the convenience of new traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.
If you sign up to get a demonstration account on Vantage FX, you will set out using a decent amount of virtual currency. It's to establish a sense of safety and confidence in you before you decide to spend your own money.
With this virtual Vantage FXdemo account, you can experiment in any way, to whatever period you wish. You can also open positions, examine different trading approaches, and much more.
Vantage FX specifies on its official site that you are able to trade real time stocks with your demo account.
Is Vantage FX safe?
It is possible to drop all of your worries since we believe that Vantage FX is perfectly safe to use. It's in compliance with all the rules of Australian Securities & Investment Commission (ASIC).
Even so, Vantage FX does not provide assured stop-loss protection.
Why does Vantage FX ask for my passport?
The reason that Vantage FX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Vantage FX has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Vantage FX must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Vantage FX?
The process to start trading withVantage FX is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Vantage FX website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Vantage FX is $200. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with Vantage FX.
The best way to kickstart your trading career with Vantage FX is to open a demo account facility before risking any real money
What funding methods do Vantage FX accept?
There are multiple ways to fund your accounts with Vantage FX. The process is effortless and quick, with different payment methods at your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You have to keep in mind that PayPal is not available in all country. The currencies Vantage FX
Is my money safe with Vantage FX?
Yes, your money is safe and secure with Vantage FX. As you already know, Vantage FX operates with good conformation to. It has established plenty of measures to protect all its investors.
Vantage FX protects its clients' private and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you wish to further safeguard your accounts, you can empower Two-Step Verification also. It takes an SMS affirmation that you access your accounts.
Is Vantage FX trading good?
Yes, trading via Vantage FX is a nice and good experience indeed. It is an excellent and intuitive platform with useful features for your ease. In addition, you could also obtain access to a huge collection of educational tools and assistive material to kickstart your trading experience.
If you are still skeptical, you can open a eToro demo account and evaluate the credibility of the platform on your own.
Which Countries does Vantage FX support?
Vantage FX operates around the world. However, due to regulations there are some countries that Vantage FX can't accept clients resident in
Is Vantage FX legit?
Vantage FX is a legit company headquarted in Australia since 2008. They are regulated by Australian Securities & Investment Commission (ASIC). Vantage FX is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Vantage FX a good broker?
Vantage FX is an excellent broker, and its users may vouch for this. The highlight of the platform is its fast order execution on trades.
You'll discover the clean design of this platform along with the admirable features that a pleasure to work with.
Is Vantage FX a trustworthy broker?
Yes, Vantage FX is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for Vantage FX?
The minimum deposit to open a live account with Vantage FX is $200
How long do Vantage FX withdrawals take?
Normally, withdrawal of money from Vantage FX is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Vantage FX to show in your bank account.
Are Vantage FX regulated?
Vantage FX are regulated by Australian Securities & Investment Commission (ASIC)
Is Vantage FX a market leading broker?
Vantage FX is currently one of the business leaders. It supports over 10,000+ registered customers and over 13 years of experience on its record. They're among the world's leading trading platforms and a prominent figure in the Fintech revolution.
It majorly owes this status to its incredible platform and broad selection of resources plus tools so that you may invest in capital markets.
Is Vantage FX a con?
No, Vantage FX is not a con. They are regulated by Australian Securities & Investment Commission (ASIC) and must adhere to their rules. Thus, it is safe to say that Vantage FX is not a scam.
Can you make money with Vantage FX?
Using Vantage FX, several traders earn a great deal of cash. But typically, through consistent trading, you also can create between 2% - 10% profit a month.
This may seem to be a little number, but within the year, this adds to a substantial amount of gains. Even though Vantage FX supply you all the tools to earn money, they can't guarantee you will profit.
Does Vantage FX have fees?
Yes. To start trading with Vantage FX, you have to deposit $200. Particular commissions while trading additionally applies. Any processing fees from your bank might have to be incurred by you.
When was Vantage FX founded?
Vantage FX was founded in 2008 in Australia. Vantage FX is regulated by Australian Securities & Investment Commission (ASIC).
How many people use Vantage FX?
Vantage FX is a globally recognised agent with 10,000+ customers.
Where is the Vantage FX head office?
Vantage FX has its head office in Australia
Does Vantage FX offer negative balance protection?
No. Vantage FX does not provide negative balance protection. If your balance is negative, Vantage FX suggests that you promptly contact client services. For this, you are able to correct any imbalances within your account.
Does Vantage FX offer guaranteed stop loss?Vantage FX regrettably, doesn't offer guaranteed stop loss. Vantage FX gives a chance to its dealers to close their trade at their given price. Apart from this, Vantage FX does not provide guaranteed stop loss.
Does Vantage FX allow scalping?Yes, Vantage FX do permit scalping. Many traders throughout the world select Vantage FX for their services that are trading. They offer trading on MT4 which allow this.
Does Vantage FX allow hedging?
Yes, Vantage FX does allow hedging.
Can you trade energies with Vantage FX?
Yes, you can trade energy stocks with Vantage FX
Can you trade agricultural shares with Vantage FX?
Yes, you can trade agricultural stocks with Vantage FX
Can you trade cryptocurrency with Vantage FX?
Yes, you can trade cryptocurrency with Vantage FX
Can you trade metals with Vantage FX?
Yes, you can trade metals with Vantage FX
Can you trade UK Shares with Vantage FX?
Yes, you can trade UK shares with Vantage FX
Can you trade US Shares with Vantage FX?
No, unfortunately you cannot trade US shares with Vantage FX
Can you trade Japanese Shares with Vantage FX?
No, unfortunately you cannot trade Japanese shares with Vantage FX
Can you trade German Shares with Vantage FX?
Yes, you can trade German shares with Vantage FX
Does Vantage FX accept bank transfers?
No, Vantage FX does not accept bank transfers.
Does Vantage FX accept credit cards?
No, Vantage FX does not accept credit cards.
Does Vantage FX accept PayPal?
No, Vantage FX does not accept PayPal.
Does Vantage FX accept Skrill?
No, Vantage FX does not accept Skrill.
Does Vantage FX accept Payoneer?
No, Vantage FX does not accept Payoneer.
Does Vantage FX accept Neteller?
No, Vantage FX does not accept Neteller.
Does Vantage FX offer Live Chat customer support?
No, Vantage FX does not offer customer support through live chat.
Does Vantage FX offer phone customer support?
No, Vantage FX does not offer customer support over the telephone.
Does Vantage FX offer email customer support?
No, Vantage FX does not offer customer support through email.
What languages can Vantage FX communicate in?
Vantage FX has the ability to communicate and support customers who speak:
Does Vantage FX have a wikipedia page?
No, Vantage FX does not have an official wikipedia page.
Does Vantage FX offer demo accounts?
Yes, Vantage FX offers demo accounts so you can learn their systems before risking any real money.