Vantage FX Review 2019 | Is Vantage FX a Scam or Legit Forex Broker?

Read our Vantage FX review to find out if Vantage FX is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.

Average broker rating

3.7/ 5

Rating breakdown

Protection & Regulations
60% Complete (danger)
3.0/5
Trading platforms
100% Complete (danger)
5.0/5
Tradable Products
100% Complete (danger)
5.0/5
Deposit and withdrawal
100% Complete (danger)
5.0/5
Trading Fees
20% Complete (danger)
1.0/5
Support
60% Complete (danger)
3.0/5
Vantage FX
Vantage FX Overview

Vantage FX is a Forex ECN and CFD broker headquartered in the Cayman Islands, offering 120+ tradable assets across Currencies, Indices, Commodities and U.S and Hong Kong Share CFDs on the MetaTrader platform for Mac, PC, iOS and Android and other social trading platforms.

# Broker's Features VANTAGE FX Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review Vantage FX.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Vantage FX offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Crypto, Futures.

Tradable Products: Vantage FX offers 120+ tradable assets covering Forex ECN, Indices, Commodities and U.S and Hong Kong Share CFDs.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Vantage FX is ECN, STP.

Features: Vantage FX offers additional unique trading products such as social trading options, MT4 Smart Trader Tools and MT4 indicators from Trading Central.

Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Vantage FX recommended minimum capital is $200.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Vantage FX is regulated by ASIC, CIMA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Investor Protection & Regulations: Vantage FX is authorised and regulated by the Cayman Islands Monetary Authority (CIMA) under the name Vantage International Group.

Languages Available: Next lets have a look at each broker's different Language options. Vantage FX offers Chinese, English, Thai, Vietnamese.

Payment methods: Next lets have a look at each broker's payment options. Vantage FX offers Credit Card, Neteller, Skrill, Wire Transfer different payment methods for each account types.

Deposit and withdrawal: Vantage FX offers multiple ways for traders to fund their trading accounts such as bank wire transfer, credit card, Paypal, Neteller, Skrill, China Union Pay and more.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Vantage FX makes MetaTrader 4, MetaTrader 5, myFXbook, Zulutrade available to clients.

Web & Desktop Trading Platforms: Clients of Vantage FX have access to the MetaTrader 4 and MetaTrader 5 trading platforms for Windows, Mac, Android and iOS. Users can also access the MT4/MT5 Web Trader platform, as well as social trading platforms MyFXbook and Zulutrade.
Mobile Trading Platforms: Vantage FX offers the MetaTrader 4 and MetaTrader 5 mobile trading apps for iOS and Android operating systems.

Other

Trader Education
Vantage FX offers trader education material on their dedicated Forex Education page where users can access an impressive Forex Education Academy and a wide range of videos on using MT4 and MT4 and the MT4 Smart Trader Tools.

Promotions
Vantage FX offers an impressive range of bonuses and promotions such as Trading Credit, an Active Trader Program, a 50% Deposit Bonus, a 10% FX Rebate Bonus and an 8.88% Cash Bonus, among others.

Support
Vantage FX offers 24 hours a day, 5 days a week support through a variety of mediums including phone, email, live chat and remote TeamViewer in English, Mandarin, Thai and Vietnamese.

Final Thoughts
Vantage FX offers a wide range of research tools and market analysis and commentary through Forex News, Forex TV and a dedicated Technical Analysis page, although it is not regularly updated.

Trading Experience
The variety of trading accounts, trading platforms, trader education and research tools offers unique benefits to both beginner and professional traders.

People Also Asked

Is Vantage FX regulated?
Yes, Vantage FX is regulated by top-tier regulators, ASIC, CIMA inclusive.
Where is Vantage FX based?
Vantage FX is based in , Australia
How does Vantage FX make money?
Vantage FX charges a spread between the bid price and ask price. It does NOT charges a commission.
How do I deposit in Vantage FX account?
With Vantage FX you can deposit money via the following means; Credit Card, Neteller, Skrill, Wire Transfer.
How do I withdrawal in Vantage FX account?
Vantage FX lets you request a withdrawal of funds from your account via the following means; Credit Card, Neteller, Skrill, Wire Transfer.
What is the minimum deposit for Vantage FX?
Vantage FX has $200 minimum deposit.
What are the available account base currencies with Vantage FX?
Vantage FX trading accounts are offered in N/A. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in Vantage FX?
Vantage FX has a maximum leverage is 1:500 for professional traders.
How do I open an account with Vantage FX?
Opening an account with Vantage FX is a three-step process. First fill out the registration form, second is to send verification details to the verification department and lastly is to fund your account.
Does Vantage FX use MetaTrader?
Vantage FX platforms: Yes, Vantage FX use MetaTrader as well as the following platforms: MetaTrader 4, MetaTrader 5, myFXbook, Zulutrade
What type of broker is Vantage FX?
Vantage FX appears to be a ECN, STP broker which offers market access to a variety of traders.
Does Vantage FX accept US clients?
No
Does Vantage FX offers Islamic accounts ?
Yes
What financial instruments can I trade?
You can trade a wide variety of instruments with Vantage FX: You can trade a wide variety of instruments with Vantage FX: Currencies, Commodities, Indices, Stocks, Crypto, Futures