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Vantage FX Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.vantagef..., the company's legitimate regulatory information AustraliaASICMarket Maker (MM), United KingdomFCAStraight Through Processing (STP), Cayman IslandsCIMAStraight Through Processing (STP) to enhance the security of the company's address 7 Bell Yard, Holborn, London WC2A 2JR, UK

Vantage FX Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Vantage Global Prime LLP.
Abbreviation
Vantage FX
Company employee
--
Customer Service Email Address
support@vantagefx.com
Contact Number
+44(0)20 7043 5050
Company address
7 Bell Yard, Holborn, London WC2A 2JR, UK
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Registered inUnited KingdomRegulatory statusNo effective regulation at presentYear(s) of incorporation2-5 yearsMarket instrumentsCurrency pairs, stocks, commodities, precious metals, energies, indices...Minimum initial deposit$200Maximum leverage1:30Minimum spreadFrom 0.0 pipsTrading platformMetaTrader5, MetaTrader4, proprietary platformDeposit and withdrawal methodsCredit/debit cards, skrill, neteller, netellerCustomer ServiceE-mail/phone number/address/live chatFraud allegationsYes Vantage FX Information Vantage FX is a financial trading platform registered in the United Kingdom. Established 2-5 years ago, it currently operates without effective regulatory oversight. The platform provides access to a wide range of market instruments, including currency pairs, stocks, commodities, precious metals, energies, and indices. The minimum initial deposit required to start trading is $200, and the maximum leverage offered is 1:30. Traders can benefit from spreads starting as low as 0.0 pips. Vantage FX supports multiple trading platforms, including MetaTrader 5, MetaTrader 4, and its proprietary platform. For deposits and withdrawals, users can utilize credit/debit cards, Skrill, and Neteller. Customer service options include email, phone support, address details, and live chat. Regulatory Status Regulatory AgencyCurrent StatusLicense TypeRegulated ByLicense No.Australia Securities & Investment Commission (ASIC)Suspicious CloneMarket Making (MM)Australia000428901Financial Conduct Authority (FCA)Suspicious CloneStraight Through Processing (STP)United Kingdom590299Cayman Islands Monetary Authority (CIMA)Suspicious CloneStraight Through Processing (STP)Cayman Islands1383491 Pros and Cons Pros:Wide range of trading instruments including forex, commodities, indices and stocks.Several trading platform options, including MetaTrader4, MetaTrader5, ProTrader and social trading.Low spreads and competitive commissions on the raw account.Three account types to suit traders' needs.A good selection of deposit and withdrawal methods.Offers educational resources to help traders improve their skills.Quality customer service and multilingual support.Regulated by the FCA in the UK, which provides a certain level of confidence and security. Cons:Not regulated by major regulators outside the UK.The standard account has wider spreads and higher commissions.Deposits in cryptocurrencies are not accepted.The maximum leverage of 1:30 is relatively low compared to other brokers. Market Instruments Vantage FX offers a wide variety of instruments for its clients, including forex, commodities, indices and stocks. This dimension allows traders to diversify their portfolio and take advantage of opportunities in different markets. However, it is important to note that some instruments may have higher spreads and commissions than others, which could affect the profitability of trades. In addition, the level of leverage and volatility of some instruments can be risky for less experienced traders.Spreads and Commissions Vantage FX offers competitive spreads on all its accounts, allowing traders to keep transaction costs low when trading the financial markets. In addition, the company does not charge commissions for deposits and withdrawals, making it easy and cost-effective for clients to manage their accounts. Order execution without requotes is also guaranteed, which means that trades are executed at the price requested by the client without delays. However, on some accounts, Vantage FX charges commissions, which can increase costs for traders trading high volumes. In addition, the company charges inactivity fees if an account has no activity for an extended period of time and there are also overnight swap rates for positions held open overnight. Trading Accounts Vantage FX offers three account types to suit different trading needs. The Premium Account is designed for high-volume traders, featuring razor-sharp spreads starting at 0.0 pips with commissions from $0.75 per lot. It requires a minimum deposit of $25,000 and supports base currencies in USD, GBP, EUR, and HKD. The RAW Account is the best choice for competitive spreads, offering 0.0 pips with commissions from $1.00 per lot. This account has a lower minimum deposit of $50 and also supports USD, GBP, EUR, and HKD as base currencies. For commission-free trading, the STANDARD Account provides spreads starting at 1.1 pips with no additional trading costs. It requires a minimum deposit of $50 and supports the same base currencies. Account TypeSpreadsCommissionMinimum DepositBase CurrenciesPremium AccountFrom 0.0 pipsFrom $0.75 per lot$25,000USD, GBP, EUR, HKDRAW AccountRazor sharp (0.0 pips)From $1.00 per lot$50USD, GBP, EUR, HKDSTANDARD AccountFrom 1.1 pips$0 (No commission)$50USD, GBP, EUR, HKDTrading Platform Vantage FX offers a wide selection of trading platforms for its clients, including the popular MetaTrader4 and MetaTrader5, as well as the ProTrader platform and the social trading feature. Each platform has its own advantages and disadvantages, allowing traders to choose the platform that best suits their needs and preferences. The platforms also offer a wide variety of technical analysis tools to help traders make informed decisions and maximize their trading opportunities. In addition, the social trading feature allows traders to follow and copy the trades of other successful traders. Deposit and Withdrawal Vantage FX offers its clients a wide variety of deposit and withdrawal options, including credit cards, e-wallets and wire transfers. In addition, it does not charge commissions for deposits and withdrawals. Deposits are usually processed quickly, while withdrawals can take up to 5 business days to process. One drawback is that cryptocurrency deposits and withdrawals are not accepted, and debit cards are not accepted for deposits. There are also limitations on the maximum size of deposits.Customer Service Vantage FX offers competent and dedicated customer service, which is available 24 hours a day, 5 days a week. Customers can communicate with customer support via email, telephone and live chat. The availability of an international phone number is a great advantage for customers from all over the world. In addition, the FAQ section of the website is very useful for those seeking answers to common questions. However, the lack of customer service support on weekends and the absence of support in other languages may be disadvantages for some customers. In addition, there is no information on the availability of specialized technical support for customers who may need specific help in this area.Conclusion In conclusion, Vantage FX is a brokerage firm that offers a wide range of financial instruments and several trading platform options. They offer a variety of account types, including a RAW account for those looking for tight spreads and fast execution. However, as an unregulated company, this may be a drawback for some traders looking for greater security in their investment. The maximum leverage offered is up to 1:30, which is relatively low compared to other brokers. Despite having limited educational resources, they have excellent customer service available through different communication channels.

Rating Index

How to login to Vantage FX?
Vantage Fx Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Vantage Fx Account Registering for a Vantage Fx account is a straightforward process that allows you to access various trading opportunities. Below are the d

  

Vantage Fx Broker - Complete Information Guide

  

1. Broker Overview

  Vantage FX, officially known as Vantage Global Prime Pty Ltd, was established in 2009 and has since become a prominent player in the online trading industry. The company is headquartered in Sydney, Australia, with additional offices in various global financial hubs, including the Cayman Islands and Vanuatu. Vantage FX operates as a privately-held company, ensuring a focus on delivering exceptional trading services without the pressures of public trading.

  The broker caters to a diverse clientele, including retail traders and institutional investors, providing access to a wide range of financial markets. Over the years, Vantage FX has achieved significant milestones, including multiple industry awards for excellence in customer service and trading conditions. The company has developed a reputation for transparency and reliability, which has attracted over 50,000 active clients worldwide.

  Vantage FXs business model primarily revolves around retail forex trading, offering services such as Contracts for Difference (CFDs) on various asset classes, including forex, commodities, indices, and shares. With a commitment to providing a superior trading environment, Vantage FX leverages advanced technology and partnerships with leading liquidity providers to enhance the trading experience for its clients.

  

2. Regulation and Compliance Information

  Vantage FX is regulated by multiple authorities, ensuring a high level of oversight and compliance with international financial standards. The broker is authorized by the following regulatory bodies:

  • Australian Securities and Investments Commission (ASIC): License number AFSL 428901.
  • Financial Conduct Authority (FCA): License number FRN 590299.
  • Cayman Islands Monetary Authority (CIMA): License number SIBL 1383491.
  • Vanuatu Financial Services Commission (VFSC): Registration number 700271.
  • Financial Sector Conduct Authority (FSCA): License number 51268.

  These licenses provide Vantage FX with the ability to operate in various jurisdictions while adhering to strict regulatory requirements. The funds of clients are held in segregated accounts at reputable financial institutions, ensuring their safety and security. Additionally, Vantage FX participates in investor compensation schemes, providing further protection for clients in case of insolvency.

  The broker complies with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring clients to provide identification and proof of residence during the account opening process. This commitment to compliance enhances the overall trustworthiness of Vantage FX as a reliable trading partner.

  

3. Trading Products and Services

  Vantage FX offers a comprehensive range of trading products across various asset classes, catering to the diverse needs of its clients. The available products include:

  • Forex: Over 40 currency pairs, including major, minor, and exotic pairs, are available for trading. Vantage FX provides competitive spreads, starting from 0.0 pips on certain accounts.
  • CFDs: The broker offers CFDs on indices, commodities, and shares. Clients can trade 15 major indices, including the S&P 500 and FTSE 100, as well as various commodities such as gold, silver, and oil.
  • Shares: Vantage FX provides access to over 300 share CFDs from major global markets, allowing traders to speculate on price movements without owning the underlying assets.
  • Cryptocurrencies: While direct cryptocurrency trading is not offered, Vantage FX allows clients to trade CFDs on popular cryptocurrencies, providing exposure to this rapidly evolving market.

  The broker continuously updates its product offerings, ensuring that clients have access to the latest financial instruments and trading opportunities. With a focus on both retail and institutional clients, Vantage FX also offers white-label solutions and asset management services for professional investors.

  

4. Trading Platforms and Technology

  Vantage FX supports multiple trading platforms to accommodate the diverse preferences of its clients. The primary platforms offered include:

  • MetaTrader 4 (MT4): Known for its user-friendly interface and extensive functionality, MT4 is one of the most popular trading platforms globally. Vantage FX enhances MT4 with a suite of smart trader tools, providing traders with advanced features for market analysis and order execution.
  • MetaTrader 5 (MT5): As the successor to MT4, MT5 offers additional features such as more timeframes, advanced charting capabilities, and improved order management options. Both platforms are available for desktop, web, and mobile devices, ensuring traders can access their accounts anytime, anywhere.
  • ProTrader: Powered by TradingView, this proprietary platform offers advanced charting tools, market analysis, and a user-friendly interface, making it suitable for both novice and experienced traders.
  • WebTrader: For those who prefer a browser-based solution, Vantage FX provides a web version of MT4 and MT5, allowing for seamless trading without the need for software downloads.

  Vantage FX utilizes high-end technology infrastructure, including servers located in major financial hubs like New York and London, to ensure low latency and fast order execution. The broker also offers VPS hosting services for clients who require uninterrupted trading capabilities, particularly useful for algorithmic trading strategies.

  

5. Account Types and Trading Conditions

  Vantage FX offers several account types to cater to different trading styles and experience levels:

  • Standard STP Account: Ideal for beginners, this account requires a minimum deposit of $200 and offers spreads starting from 1.4 pips with no commissions. It provides access to all available instruments and leverage of up to 1:500.
  • Raw ECN Account: Designed for more experienced traders, this account requires a minimum deposit of $500 and offers spreads starting from 0.0 pips with a commission of $3 per lot per side. It provides access to institutional-grade liquidity and fast execution speeds.
  • Pro ECN Account: Tailored for professional traders and money managers, this account requires a minimum deposit of $20,000 and offers spreads starting from 0.0 pips with a lower commission of $2 per lot per side. It is suitable for high-volume trading and provides priority support.

  All account types come with negative balance protection, ensuring that traders cannot lose more than their initial deposit. Vantage FX also offers swap-free accounts for clients who adhere to Islamic finance principles.

  

6. Fund Management

  Vantage FX provides a variety of deposit and withdrawal options, ensuring a seamless funding experience for clients. The available payment methods include:

  • Deposit Methods: Clients can deposit funds using various methods, including bank transfers, credit/debit cards (Visa and Mastercard), and e-wallets such as Skrill, Neteller, and PayPal. The minimum deposit for the standard account is $200, while the raw ECN account requires a minimum deposit of $500.
  • Withdrawal Methods: Withdrawals can be made via the same payment methods used for deposits. Vantage FX processes withdrawals within 24 hours, but the time taken for funds to appear in the client's account may vary depending on the chosen method. International bank transfers may incur a fee of $20 for each withdrawal after the first free withdrawal of the month.
  • Processing Times: Deposits via credit/debit cards and e-wallets are typically instant, while bank transfers may take 1-5 business days. Vantage FX does not charge any internal fees for deposits or withdrawals, although third-party processing fees may apply.

  Vantage FX ensures that all client funds are held in segregated accounts with reputable financial institutions, providing an added layer of security and peace of mind for traders.

  

7. Customer Support and Educational Resources

  Vantage FX offers robust customer support options to assist clients with their trading needs. The available support channels include:

  • Live Chat: Accessible 24/5, the live chat feature provides immediate assistance for general inquiries and technical support.
  • Email Support: Clients can reach out via email for more detailed questions or concerns. The support team typically responds within a few hours.
  • Phone Support: Available during business hours, clients can contact Vantage FX's support team for urgent matters.

  The broker also provides a variety of educational resources to help traders enhance their knowledge and skills. These resources include:

  • Webinars: Regularly scheduled webinars cover various trading topics, market analysis, and strategies.
  • Video Tutorials: A collection of instructional videos guides users on how to navigate the trading platforms and utilize available tools effectively.
  • Market Analysis: Daily market updates and analysis are provided to keep traders informed about market trends and potential trading opportunities.

  While Vantage FX offers a solid foundation of educational materials, some users have noted that the range of resources could be expanded to better support novice traders.

  

8. Geographic Coverage and Restrictions

  Vantage FX operates globally, offering its services to traders in numerous countries. However, there are specific regions where the broker does not provide services, including:

  • Restricted Countries: Vantage FX does not accept clients from the United States, Canada, China, Romania, Singapore, and several others. Additionally, clients from countries on the Financial Action Task Force (FATF) blacklist are also restricted.
  • Regional Offices: Vantage FX has established offices in various countries, ensuring localized support for clients in different regions.

  The broker's commitment to regulatory compliance means that it adheres to the legal requirements of the jurisdictions in which it operates, providing a secure trading environment for its clients.

  In conclusion, Vantage FX is a well-regulated broker that offers a diverse range of trading products and services. With competitive trading conditions, advanced trading platforms, and a commitment to customer support, Vantage FX stands out as a reliable choice for traders seeking a professional trading experience.

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Latest Reviews

Mayaz Ahmad

Mayaz Ahmad

Bangladesh

A client of Vantage FX has alleged that this broker charged him withdrawal fees everytime he has withdrawn from his account. He recommended others not to trade with this broker.

Exposure

2021-06-21

Vantage FX Forex Broker has an overall rating of 1.49, Regulatory Index 0.00, License Index 0.00, Business Index 6.81, Software Index 4.00 Risk Control Index 0.00.
Vantage FX