Vantage FX


Vantage FX Review 2020 – A Must Read before Sign Up

vantagefxWhen it comes to forex trading, the most important step is choosing the right broker for you, which is not only safe but also offers useful and convenient trading options. A CIMA regulated forex broker, Vantage FX offers access to the global forex market to traders via top-tier FX liquidity providers. You can experience fast trade execution with Vantage FX, with a vast range of trading instruments. Traders can access the markets of Vantage FX through the MetaTrader 4 and MetaTrader 5 platforms, as well as WebTrader and several mobile trading apps for Android devices and the iPhone.

 


 
vantagefx overview
VantageFX Website

Overview:

  • Minimum Deposit: 200$
  • Maximum Leverage: 500:1 (T&Cs Apply)
  • Tradable Assets: Cryptocurrencies, CFDs, stocks, indices, commodities
  • Regulated by: CIMA
  • Demo Account: Yes

Note: Your capital is at risk


 

 

Vintage FX License and Regulation

Going by the trading name Vantage FX, Vantage International Group Limited is regulated and authorised by CIMA (Cayman Islands Monetary Authority. Its SIBL (Securities Investment Business LAW) number is 1383491. Vantage FX ensures to follow and meet strict capital requirements, as well as employ internal procedures including regular staff training, strict auditing procedures, risk management, and financial compliance. By complying with the strict financial regulations set out by CIMA, the broker aims to offer fair and transparent access to global forex markets.

 

Registration

The registration process on Vantage FX is fast and easy. To register, you have to visit the official site of the broker.

  1. The first step is choosing an account type. If you are a beginner, then it is recommended to open a demo account first.
  2. You will find the “Demo Account” option at the top of the homepage. Click on it.
  3. You will be redirected to the application form. Fill up this form with your first name, last name, country of residence, phone with international code and email. Then the form can be submitted.
  4. You may also sign up with Google+, Facebook, or LinkedIn.
  5. Similarly, to open a live account, choose the option “Live Account” on the homepage.
  6. The page will redirect you to the application form. Apart from the other details like a demo account, you must choose your account type here. It can be an individual account or a company account.
  7. Then, you can click on “Open Live Account.” Keep in mind that a live account cannot be opened using any other sign-in option.

 

After you are registered with Vantage FX, all you must do is fund the account with an extensive range of funding methods. Then, you are all set to access more than 180 instruments on MT4 or MT5, and trade.

 

Vantage FX Account Types

There are three different types of accounts on Vantage FX. You may choose from:

  • Standard STP: This account is ideal for beginners who want simple and direct market access without any commission. The execution type is STP. The minimum deposit for this account is $200. Spreads from 1.4 pips, the commission is $0. Standard STP account is eligible for promotional credit bonuses.
  • RAW ECN: RAW ECN is the most popular account on Vantage FX. It is designed perfectly for experienced traders that require razor-sharp spreads and deep liquidity. The execution type is ECN. You will have to deposit minimum $500 to trade with this account. The spreads from 0.0 pips, commission is $3.00 per lot per size. RAW ECN is not eligible for promotional credit bonuses.
  • PRO ECN: This account is tailored for professional traders and money managers who are into trading high volume. The execution type of this account is also ECN. Minimum balance on this account is $20,000. Spreads from 0.0 pips, the commission is $2.00 per lot per size. PRO ECN is also not eligible for promotional credit bonuses.

vantage accounts

 

Common features of all three accounts

  • Platform: You can trade with all accounts on MetaTrader 4 and MetaTrader 5 platforms.
  • Platform choices: Apart from MT4 or MT5 for Mac, traders can also choose WebTrader or mobile apps.
  • Range of markets: 40 currency pairs, 20 commodities, 13 indices, and 100 share CFDs.
  • Minimum trade size: 0.01 lot.
  • Leverage: Up to 500:1. (T&Cs Apply)
  • Account base currencies: AUD, USD, GBP, EUR, SGD, and CAD.

 

Trading Conditions

The minimum deposits for the different types of accounts are as follows:

  • Standard STP - $200
  • RAW ECN - $500
  • PRO ECN - $20000

 

The minimum Trade size (Investment) for all three accounts is fixed at 0.01 lots.

 

VantageFX Spreads and fees

Spreads for the Standard STP, RAW ECN and PRO ECN accounts starts from 1.4 pips, 0.0 pips and 0.0 pips respectively.

There is no commission charged for trading in the Standard STP Account. The RAW ECN and PRO ECN Accounts charge a commission of $3.00 per lot per side and $2.00 per lot per side, respectively

 

Instruments

Vantage FX Forex trading

The world’s largest financial market, the forex market has a daily turnover of $4 trillion in average. It leaves an impact on every transaction taking place in all tradable markets, including stock markets, futures and bonds. All companies, banks and governments participate in this market. The trading activities create volatility and traders earn profits consistently. Vantage FX offers seamless 24-hour access to traders so they can exploit the volatility in global markets. The broker’s website is structured to contain a plethora of content under the Education and News menu tabs. You may learn about the opportunities offered by the forex world by going through them. With this broker, you can access more than 40 forex pairs to trade.

 

Vantage FX Indices trading

Vantage FX provides traders with instant access to the most liquid stock exchange indices in the world. Due to the link to Vantage FX’s OneZero MT4 Bridge and unparalleled access to the deepest liquidity, you get the fastest execution speed. The Vantage FX indices pricing is according to the underlying price of the corresponding stock market of the index, which offers truly transparent pricing to traders. Gain access to 15 major stock markets with Vantage FX.

 

Vantage FX Energy Trading

Energy traders depend on price fluctuations of commodities markets like oil, gas, heating oil, and gasoline. Energy commodities are considered most important markets because the assets are parts of our everyday consumption.

 

Vantage FX Soft Commodities Trading

An exciting new market, soft commodities market plays a key role in the liquidity of global futures markets. Soft commodities are the assets that are not mined but grown, such as cocoa, coffee, cotton, orange juice, and sugar. Due to food and clothing production, soft commodities will always be required by people. Take advantage of the market by accessing it through MTS or MT5 platforms with Vintage FX.

 

Vantage FX Precious Metals Trading

Precious metals have a high economic value because they are rare. So, they are used a lot as commodities investment instruments. This market is a safe option during tough economic conditions, so, it is a wise decision to take long term position trades in this market of gold, silver, and copper with a Vantage FX MT4 trading account.

 

Vantage FX CFDs Trading

Apart from these, traders can also trade CFDs with Vantage FX. On Vantage FX’s trading platforms, you can trade US share CFDs, HK share CFDs, UK and EU share CFDs, and AU share CFDs.

 

Trading Platform Review

As mentioned earlier, you can trade on MetaTrader 4 or MetaTrader 4.

  • Vantage FX MetaTrader 4: It is the most popular forex trading platform. M offers a wide variety of customized indicators and EAs. The number of timeframes on MT4 is 21. The forex robots are MQL4 based.
  • Vantage FX MetaTrader 5: It is the next generation MetaQuotes trading platform. The number of timeframes on MT5 is 9. Forex robots are MQL5 based.

 

Common features of trading platforms

  • Account type: RAW ECN, Standard STP, and Islamic.
  • Platform Access: Desktop, WebTrader, and Mobile.
  • Hedging: Yes
  • Scalping: Yes

 

 

Vantage FX Webtrader Platform (MT4 and MT5)

By accessing Vantage FX cloud-based original MetaQuotes WebTrader platform, traders gain fast and stable access to their MT4 and MT5 trading account. You do not need to download or install this desktop version to your computer. You can access it from any web browser window to manage trades. All you need is a secure internet connection and you can access from a PC or MAC by using your Chrome, Mozilla Firefox, Opera, Internet Explorer, or Safari browser.

vantagefx webtrader

 

Social Trading with Zulutrade

Through the Zulutrade social trading platform, you get access to a wide range of professional trades and profitable trading systems. It offers many exciting features such as ZuluRank, ZuluGuard, Simulation, Customization settings, Risk Management, and Automator. After opening a Vantage FX live account, fill out the ZuluTrade Opt-In form. Thus, you can link the live account to ZuluTrade.

 

MAM/PAMM

Vantage FX offers a multi-account manager solution that you can customize according to your trading requirements. The broker is in a partnership with MetaFX and the superior MAM console has been created that takes care of trade management excellently. Professional money managers partner with Vantage FX for their MAM/PAMM solution.

 

Vantage FX App – Mobile Trading with Vantage FX

Apart from the web version, you can also trade by using official MetaTrader mobile apps offered by Vantage FX. It provides you with the advantage to trade from anywhere, anytime. The apps are available on all mobile platforms. You can download them from the following links:

iPhone

 

Android phone

 

iPad

 

Android tablet

 

 

Deposits and Withdrawals

VantageFX provides a host of convenient deposit and withdrawal methods which users can use according to their convenience. This includes credit cards, online payment systems such as Skril and Neteller, as well as bank wire transfers. The availability of these methods may vary from country to country.

Certain payment methods have some additional fees that the user might be charged for. Withdrawal requests are usually processed within 2 working days. However, the withdrawal time can vary, depending on the method and payment provider chosen. Some methods may be instantaneous, while others, such as bank transfers can take a few business days to clear.

It is also to be noted that there are certain transaction limits, requirements and restrictions associated with some payment systems, which are usually highlighted on their respective websites. Removing limits on particular methods may require a user to verify their accounts in some countries. Both the VantageFX trading account, as well as the funds deposited into the trading account should be under the same name for a user.

VantageFX offers options for users to open accounts in different national currencies such as USD, EUR, AUD, GBP, SGD, NZD, CAD and JPY. This is convenient for traders, as they can avoid unnecessary fees for currency conversion.

vantagefx payment methods

 

VantageFX Demo Account

VantageFX provides demo accounts for users. This can be extremely useful, especially for novice traders, who can test the different trading platforms and get accustomed to a live real-time trading environment before they open a real account.

To open a demo account, users simply have to navigate to the blue “demo account” tab on the top right hand corner of the official website, to get started. The process is simple and fast.

 

Note: Your capital is at risk

 

Education

Do you need help with trading?

Vantage FX has an “Education” section for traders on the homepage of the official website. You can find this section under the “Clients” menu. From this section, you can learn forex. There are MT4 and MT5 manuals as well. You may also watch the video tutorials on MT4 and SmartTrader tools.

 

Vantage FX Bonus and Special Offers

Promotions

  • Refer a friend and earn a $150 bonus + $100 for your friend. (T&Cs Apply)
  • You can earn rebates with the active trader promotion.
  • Claim up to 50 % welcome bonus on the first deposit. (T&Cs Apply)
  • Get forex signals in your inbox via email.
  • Join the Vantage FX rebate program for a 10% bonus. (T&Cs Apply)

 

Note: Your capital is at risk

 

Free tools

  • MT4 SmartTrader tools
  • Trading signals
  • Forex VPS
  • Economic Calendar
  • Forex Sentiment Indicators
  • PRO Trader Tools

 

 

VantageFX Customer Service and Support

VantageFX offers global customer support via email, online chat and telephone on a 24/5 basis. Their responsive customer support system has won several accolades in the past. In addition to this, VantageFX’s customer service team can also help users on a one on one basis, via the TeamViewer screen share software.

 

Conclusion: Should I trade with Vantage FX?

A forex market is a place where traders can earn huge profits, but you must always keep in mind that risks will always be there. It is necessary to select a broker that offers a safe platform to trade, so you do not have to end up losing money. Vantage FX is an excellent broker regulated by CIMA, and if never lets you miss out on opportunities with its mobile apps. So, if you are a beginner in forex trading and looking for a broker, then Vintage FX is a good option for you.

 

 

Best features of Vantage FX

        VantageFX
  • Commission free accounts
  • MT4 Smart Trader tools
  • MAM/PAMM
  • ZuluTrade
  • ECN/STP
  • Trading Central
  • Professional indemnity insurance
  • Strict Regulations
  • Segregated client funds

 

 

 

Q&A – Vantage FX Questions

1. Is Vantage FX Scam or legit?

Vantage FX is a regulated broker under CIMA. So, it is a genuine and safe place to trade.

2. Where is the Vantage FX Login?

On the top right corner of the homepage, you can find “Client Portal”. You can log in by clicking on it..

3. Is a Vantage FX download version available?

Yes, you can download official MetaTrader mobile apps of Vantage FX from Apple Store and Google Play Store for iOS and Android..

 

Note: Your capital is at risk