Vantage FX Review

Vantage FX is a fully regulated CFD broker established in 2009 by Vantage International Group Limited. It offers a variety of asset classes including Forex, indices, energies, commodities, metals and shares CFDs with over 300+ instruments to trade.

Along with connecting traders to a variety of asset classes, Vantage FX also stands out for providing customers with industry-standard trading platforms, exceptional trade execution speed and an award-winning 24/7 customer support service.

Vantage FX Broker Details

BrokerVantage FX
Established2009
Head Office7 Bell Yard, WC2A 2JR. London, UK.
RegulationsASIC, FCA, CIMA, VFSC
Publicly ListedNo
Broker TypeSTP, ECN
Product OfferingForex, CFD
Trading PlatformsVantage FX app, MetaTrader 4, MetaTrader 5, ProTrader
Asset ClassesForex, Indices, Energy, Commodities, Metals, Shares CFD
Minimum Deposit$200
Account CurrenciesEUR, USD, GBP
Maximum LeverageProfessional – 1:500
Retail – 1:30
Pricing ModelSpreads and Commissions
Lot SizesMini, Micro, Standard.
Account Funding &
Withdrawal Methods
Bank Transfers, Card Payments (Credit & Debit Cards) and E-Wallets (Skrill, Neteller)
Demo AccountAvailable
ScalpingYes
HedgingYes

Vanatage FX License and Regulations

Vantage FX is authourised and regulated across multiple jurisdictions by top tier financial regulatory bodies around the world, making it a safe broker to trade with. The regulatory bodies under which Vantage FX is regualted include the;

  • Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL) number 1383491,
  • VFSC under Section 4 of the Financial Dealers Licensing Act [CAP 70] (Reg. No. 700271),
  • Australian Securities and Investments Commission (ASIC), AFSL no. 428901 and
  • Financial Conduct Authority, FRN: 590299.

Vantage FX Account Types

Vantage FX provides clients with different account types, designed with different conditions, in other to meet different trading requirements. This makes it easy for traders to choose an account type that best suits their trading style and needs.

The account types offered by Vantage FX includes;

  • Standard STP Account
  • Raw ECN Account
  • Pro ECN Account

Standard STP Account

The Standard STP Account is the perfect account type for novice traders who want simple, direct market access with no commissions.

Account TypeStandard STP Account
Trading PlatformMetaTrader 4, MetaTrader 5, Web Trader, Mobile Apps.
Range Of MarketsCurrency Pairs, Indices, Commodities, Shares CFDs
Minimum Deposit$200
Minimum Trade Size0.01Lot
Spread From1.0 Pips
Commission$0
Account Base Currencies$ AUD, $ USD, £ GBP € EUR, $ SGD $ CAD, $ NZD ¥ JPY, $ HKD

Raw ECN Account

The Raw ECN Account is suitable for experienced traders who require deep liquidity and razor-sharp spreads going as low as 0.0 pips, with a commission of $3.00 per standard lot per side.

Account TypeRaw ECN Account
Trading PlatformMetaTrader 4, MetaTrader 5, Web Trader, Mobile Apps.
Range Of MarketsCurrency Pairs, Indices, Commodities, Shares CFDs
Minimum Deposit$500
Minimum Trade Size0.01 Lot
Spread From0.0 Pips
CommissionFrom $3.00 per standard lot per side
Account Base Currencies$ AUD, $ USD, £ GBP € EUR, $ SGD $ CAD, $ NZD ¥ JPY, $ HKD

Pro ECN Account

The Pro ECN Account is tailored for professional traders and money managers who consistently trade high volumes. This account type provides traders with deep liquidity and ultra-low spreads going as low as 0.0 pips, along with a very low commission of$2.00 per standard lot per side.

Account TypePro ECN Account
Trading PlatformMetaTrader 4, MetaTrader 5, Web Trader, Mobile Apps.
Range Of MarketsCurrency Pairs, Indices, Commodities, Shares CFDs
Minimum Deposit$20,000
Minimum Trade Size0.01Lot
Spread From0.0 Pips
CommissionFrom $2.00 per standard lot per side
Account Base Currencies$ AUD, $ USD, £ GBP € EUR, $ SGD $ CAD, $ NZD ¥ JPY, $ HKD

Vantage FX Asset Class

Vantage FX provides traders with a wide range of asset classes includingcurrency pairs, indices, energies, commodities, metals and shares CFDs, with over 300+ instruments available to trade.

Asset ClassNo. Of Assets
Currency Pairs44
Indices16
Commodities19
Shares CFDs226

Vantage FX Pros & Cons

PROS
  • Fast and easy account registration process.
  • Highly regulated, with regulations from top tier regulatory bodies such as ASIC (Australia), FCA (United Kingdom) and CIMA.
  • Low cost FX trading.
  • Access to industry leading trading platforms such as MetaTrader 4 and MetaTrader 5.
  • Sophisticated mobile apps with extensive functionalities.
  • Low commissions and consistently competitive spreads.
  • Ultra-low spread going as low as 0.0 pips on Raw ECN and Pro ECN Account.
  • Transparent fee structure, with no hidden charges.
  • Low latency and fast order execution speed.
  • No inactivity fee charged.
  • Unlimited demo accounts.
CONS
  • Average Stocks CFDs trading fee.
  • Does not accept clients from the US.