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Vantage FX Forex Broker provides real users with * positive reviews, 1 neutral reviews and 3 exposure review!

Vantage FX Broker Review

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Vantage FX Review 4

Latest All(4) Neutral(1) Exposure(3)
Neutral

I traded with this fake vantage FX mistakenly one year ago, and I thought it was the real one. I came to realize that something went wrong when I began to trade with horribly huge spreads, the eurusd pair 300 pips, and I got panic then. These uneducated people helped nothing but constantly asked me to put down more and more.

李德财
2023-03-20
Exposure
Scam

I deposited on Vantage FX but my account did not receive it.

FX1287812672
2021-09-07
Exposure
Lots of complaints.

A client has reported this broker's unethical activities of closing out his trades without his knowledge. He also reported the broker's unresponsive client services.

Mayaz Ahmad
2021-07-27
Exposure
Lots of Complain.

A client of Vantage FX has alleged that this broker charged him withdrawal fees everytime he has withdrawn from his account.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.

Mayaz Ahmad
2021-06-21

  

Vantage Fx 2025 Review: Everything You Need to Know

  Vantage Fx has established itself as a reputable player in the online trading landscape, offering a diverse range of trading options for both novice and experienced traders. With robust regulatory oversight and a variety of account types, Vantage Fx presents a compelling choice for those looking to engage in forex and CFD trading. However, user experiences vary, with some highlighting excellent customer support and trading conditions, while others express concerns over withdrawal processes.

  Note: It is important to recognize that the trading conditions and offerings may differ significantly based on the regulatory entity under which a trader operates, thus affecting overall user experiences.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 8
Tools and Resources 7
Customer Service and Support 6
Trading Setup (Experience) 7
Trustworthiness 8
User Experience 6
Overall 7.0

  How We Rated the Broker: Ratings are based on a comprehensive analysis of user experiences, expert opinions, and factual data collected from various sources.

  

Broker Overview

  Founded in 2009 and headquartered in Sydney, Australia, Vantage Fx (now known as Vantage Markets) has grown into a multi-asset broker regulated by several reputable authorities, including the Australian Securities and Investments Commission (ASIC) and the UK's Financial Conduct Authority (FCA). The broker offers a range of trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), enabling access to numerous asset classes such as forex, commodities, indices, and share CFDs.

  

Detailed Breakdown

  

Regulated Geographical Areas

  Vantage Fx operates globally, with regulatory oversight from multiple jurisdictions. The broker is regulated by:

  • ASIC (Australia)
  • FCA (UK)
  • CIMA (Cayman Islands)
  • VFSC (Vanuatu)
  • FSCA (South Africa)

  

Deposit/Withdrawal Currencies/Cryptocurrencies

  Vantage Fx supports multiple base currencies for trading accounts, including AUD, USD, GBP, EUR, SGD, and CAD. However, cryptocurrency deposits and withdrawals are not currently accepted.

  

Minimum Deposit

  The minimum deposit requirement varies by account type:

  • Standard STP Account: $50
  • Raw ECN Account: $500
  • Pro ECN Account: $20,000

  

Bonuses/Promotions

  Vantage Fx offers several promotional incentives, including a 50% deposit bonus for new clients (up to $500) and various trading rebates for active traders. However, these promotions may not be available to clients in all regions.

  

Tradable Asset Classes

  The broker provides a wide array of tradable instruments, including:

  • Over 49 currency pairs
  • 25 indices
  • 51 ETFs
  • 22 commodities
  • 800+ share CFDs

  

Costs (Spreads, Fees, Commissions)

  Vantage Fx's cost structure is competitive, particularly for the Raw ECN account, where spreads can start from 0.0 pips with a commission of $3 per lot per side. The Standard STP account features spreads starting from 1.4 pips with no commission.

  

Leverage

  The leverage offered varies by jurisdiction:

  • Up to 1:500 for international clients
  • Limited to 1:30 for clients under FCA regulation

  

Allowed Trading Platforms

  Vantage Fx supports several trading platforms:

  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)
  • ProTrader (powered by TradingView)
  • WebTrader
  • Social trading platforms like ZuluTrade and Myfxbook AutoTrade

  

Restricted Regions

  Vantage Fx does not accept clients from several countries, including the United States, Canada, and China, due to regulatory restrictions.

  

Available Customer Service Languages

  Customer support is available in multiple languages, including English, Chinese, Arabic, Spanish, Vietnamese, Indonesian, Malay, and Thai.

  

Repeated Ratings Overview

Category Rating (out of 10)
Account Conditions 8
Tools and Resources 7
Customer Service and Support 6
Trading Setup (Experience) 7
Trustworthiness 8
User Experience 6
Overall 7.0

  

Detailed Breakdown of Ratings

  

Account Conditions (8/10)

  Vantage Fx offers a variety of account types, catering to different trading needs. The minimum deposit is relatively low at $50 for the Standard STP account, making it accessible for new traders. However, the higher minimum deposit for the Pro ECN account could be a barrier for some.

  

Tools and Resources (7/10)

  While Vantage Fx provides several tools, including smart trader tools and access to educational resources, users have noted that the educational offerings could be more comprehensive. The integration of Trading Central is a plus, but more in-house content would enhance the overall experience.

  

Customer Service and Support (6/10)

  Customer service experiences are mixed. While some users report quick and effective support, others have expressed frustration with the speed of response, particularly regarding withdrawal requests. This inconsistency affects the overall rating for customer service.

  

Trading Setup (7/10)

  The trading experience on Vantage Fx is generally positive, with fast execution speeds and a variety of platforms. However, some users have reported issues with slippage and execution during volatile market conditions, which could be a concern for scalpers.

  

Trustworthiness (8/10)

  Vantage Fx is well-regulated by reputable authorities, providing a level of safety for traders. The presence of negative balance protection is also a significant advantage, ensuring that traders cannot lose more than their deposited funds.

  

User Experience (6/10)

  The user experience is generally satisfactory, but some users have noted that the platform could be more intuitive. The mobile app is functional but has been criticized for being cluttered with advertisements.

  In conclusion, Vantage Fx presents a solid option for traders looking for a regulated broker with a diverse range of trading instruments and competitive pricing. However, potential clients should be aware of the varying user experiences and consider their individual trading needs before opening an account. The Vantage Fx review highlights both the strengths and weaknesses of the broker, making it essential for traders to conduct thorough research before proceeding.

Vantage FX review