VantageFX review summary

Background

Vantage FX is one of the leading providers of Forex trading services in Australia. Clients can enjoy lightning-fast trades on MetaTrader 4 and MetaTrader 5. Vantage FX is renowned for its wide range of Forex trading services. At the time of writing, this online brokerage offered 40+ Forex pairs, including major pairs, minor pairs and exotic currency pairs. Clients can enjoy deep liquidity and trades with spreads from as little as 0.0 pips.

Popular currency pairs include EUR/USD, AUD/USD, GBP/USD, and USD/JPY. Additional benefits for Forex traders include high leverage (500:1). The no dealing desk accounts at Vantage FX offer full transparency of services in a global network of FX trades. There are 2 unique account types available to traders including ECN accounts and RAW accounts. Over three dozen currency pairs are available from Monday through Friday across multiple Forex markets.

Account Types

StandardRaw ECNPro ECN

Trading Platform/Software

Vantage FX provides multiple software platforms for Forex traders. These include MetaTrader 4 and MetaTrader 5. MetaTrader is also available for Mac. Several other options are also available such as MarketTrader, WebTrader, Mobile Trading Apps, MAM/PAMM, ZuluTrade, and MyFXBook, and DupliTrade AutoTrade. These trading platforms and the software that they run on are geared towards lightning-fast trades, stability, and maximum functionality. Among the many benefits of using this software are the following:

  • Tight spreads on Forex pairs
  • Dozens of FX trading options (major, minor and exotic pairs)
  • Full mobile functionality for Android smartphones and tablets, as well as iOS devices
  • Wide range of trading tools including complimentary FX VPS, EAs, economic calendars, Forex signals, MT4 indicators, FX sentiment indicators, Pysquation, and more.

Deposit Options

Deposit options at Vantage FX include a number of credit cards, debit cards, bank wire transfer methods and e-wallets. Popular options include: Bank Wire Transfer: Australia, Bank Wire Transfer: International Swift, Visa, MasterCard, BPAY, POLi, Skrill, NETELLER, and Broker to Broker Transfer. Deposit options are available in multiple currencies including: AUD, NZD, USD, SGD, EUR, JPY, and GBP.

Markets

Besides FX currency pairs, multiple other markets are currently supported including indices trading, commodities trading and cryptocurrency trading. The following financial instruments are available under each category:

Forex trading – AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/SGD, AUD/USD, CAD/CHF, CAD/JPY, CAD/SGD, GBP/CHF, GBP/CAD, GBP/AUD, EUR/USD, EUR/SGD, EUR/JPY, EUR/CHF, GBP/JPY, GBP/NZD, NZD/CAD, NZD/JPY, NZD/USD, USD/CAD, USD/SGD, USD/NOK, USD/CNH, USD/CHF and many others.

Indices trading – SPA200 DAX30, SP500, FTSE 100, ASX S&P 200, China A50, Hang Seng Index, NASDAQ 100 and others.

Commodities – gold, silver, oil, natural gas, and soft commodities.

Cryptocurrencies – Bitcoin (BTC)

Customer Support

By clicking on the ‘Contact Us’ button, traders can easily get in touch with Vantage FX support. The following contact information is available:

  • VFX Clients telephone number for Australia 1 300 945 517
  • VFX Clients telephone number for international clients +44 2080 363 883
  • New clients can contact support via telephone at +44 2080 363 883, or email accounts@VantageFX.com
  • Head Office – Vantage FX PTY LTD, AC and 140903886, AFS license #428901
  • Melbourne office – telephone +61390933460
  • Social Media – Facebook, Twitter, LinkedIn, G + and YouTube

Vantage FX support representatives work hard to respond to trader queries in a timely fashion. Live chat functionality is an effective way to contact customer support as an existing client, or for general inquiries. Live chat is powered by ZenDesk.

Safety

Multiple safety protocols are in place to protect clients. These include segregated bank accounts (client funds are kept separate from company funds with National Australia Bank), ASIC regulation, MT4 and MT5 trading platforms, KPMG audit services, indemnity insurance, full transparency, and PWC accounting services. Vantage FX does not offer dealing desk execution, and Vantage FX does not offer requotes.

Ease of Use

Vantage FX offers forex traders complete transparency in all dealings. Besides FX trading, there are multiple other assets to trade include commodities, cryptocurrency, indices and more. Each category of financial instruments is listed clearly on site, and drop-down menus make it easy to use this broker. Multiple tools are provided, including a comprehensive education section for newbies and established traders. The presence of a demo account is a great way to learn to trade online, before you switch to a real money account.

Final Thoughts

Vantage FX offers MT4 and MT5 for Mac, PC, and mobile access to the currency markets. These world-class trading platforms are the gold standard in the FX industry. Vantage FX is easy to use, and there are plenty of bonuses and promotional offers to keep clients happy.

Overview

Data Retrieval Date: December 9, 2022

Contact Details

Deposit details

Markets

Instruments:

Forex,
Commodities,
Stocks,
Indices,
Bonds,
Futures,
Options,

Pairs Offered:

Broker Filters

Minimum deposits
$0$500
Withdrawal Fee
$0$150
Max Leverage
1:11:1001
Broker Types:
Accepts US Clients:
Inactivity Fee:
Account Fee:
Bank Transfer:
Credit/ Debit Card:
Electronic Wallets:

Broker Filters

Minimum deposits
$0$500
Withdrawal Fee
$0$150
Max Leverage
1:11:1001
Broker Types:
Accepts US Clients:
Inactivity Fee:
Account Fee:
Bank Transfer:
Credit/ Debit Card:
Electronic Wallets:

Broker Filters

Minimum deposits
$0$500
Withdrawal Fee
$0$150
Max Leverage
1:11:1001
Broker Types:
Accepts US Clients:
Inactivity Fee:
Account Fee:
Bank Transfer:
Credit/ Debit Card:
Electronic Wallets: