■ Foundation: VantageFx was found in 2006
■ Headquarters: VANTAGEFX is based in Sydney, Australia and maintains offices also in London, UK
■ US Residents: VANTAGEFX forbids US traders -NO-
■ Regulated: VANTAGEFX is regulated by ASIC Australia (ACN 140 903 886)
■ Client Account Segregation: via the National Australian Bank (NAB) -indemnity insurance policy ($20 million) with Lloyds of London
■ Web-Site Languages: English, Chinese, Japanese
■ Customer Support: 24/5 via Phone, LiveChat, Skype and eMail {English, Chinese, German, Czech, Dutch, Malay, Africans}
VANTAGEFX TRADING INFO SUMMARY
■ Broker Type: ECN / STP
■ Trading: Forex, 3 Precious Metals, Crude Oil and 8 Indices
■ Platforms: MetaTrader-4, MetaTrader-5, WebTrader, PAMM/MAM, MyFXBook Autotrader
■ Server Time Zone: GMT+3
■ Demo Account: -YES-
■ Min. Spread on EUR/USD: 0.6 pip (ECN PRO) plus trading commissions $6/full traded lot
■ Leverage: Leverage up to 30:1
■ Scalping: is fully allowed –YES-
■ Minimum Account: $100 for Standard STP Account and $500 for Raw ECN Account
► VantageFx Demo Accounts | ► VantageFx Real Accounts
TRADING ASSETS
VantageFx offers the following Financial Instruments:
- 40+ Forex Pairs
- 3 Precious Metals (Gold, Silver and Platinum trading)
- Crude Oil Trading
- 8 major Stock Indices (traded also on MT4)
VANTAGEFX SPREADS & LEVERAGE
These are the VantageFx spreads and trading commissions on RAW ECN Accounts
■ VantageFx offers EURUSD at 0.6 pip typical spread, plus commissions $6/ full traded lot
■ VantageFx offers USDJPY at 0.4 pip typical spread, plus commissions $6/ full traded lot
■ VantageFx offers GBPUSD at 1.2 pip spread plus commissions $6/ full traded lot
Leverage when trading with VANTAGE FX can be up to 30:1 (all account types)
L MORE REVIEWS • COMPARE • BROKERS
□ Forex Brokers Comparison
□ CFD Brokers
□ Expert Advisors (EAs)
► IC Trading Review
► FXOpen Review
► FP Markets Review
► IC Markets Review
► RoboForex
► FBS Review
► TitanFx Review
► FXDD Review
VANTAGEFX TRADING PLATFORMS & MOBILE
VantageFx provides the classic MT4 for PC, Mac, and Linux, MT4 PAMM, plus mobile traders.
■ MetaTrader-4
■MetaTrader-5
■ WebTrader
■ PAMM Platform
■ MyFXBook AutoTrade (Social Trading)
■ Mobile Traders (apps for iPhone and iPad, plus apps for Android and Android Tablet)
VANTAGEFX NEW ACCOUNT INFORMATION
VantageFx Account Types:
VantageFx offer two (2) basic Account Types plus MAM/PAMM accounts.
VantageFx Account Types | Standard | RAW ECN | |
Execution Type | STP | ECN | |
Minimum Deposit | $100 | $500 | |
Account Currencies | EUR, USD, GBP, AUD, JPY, SGD | ||
Minimum Trade Size | 0.01 Lot | ||
Trading Commissions | No Commissions | $6 / rounded lot | |
Spreads (minimum) | 1.6 PIP | 0.4 PIP | |
10% Rebate | Yes ($2 AUD / lot) | No | |
Trading Leverage (max) | 30:1 | ||
Automated Trading, Scalping, and Hedging | Yes | ||
Free VPS (under policy) | Yes | No | |
► VantageFx Real Accounts |
VantageFx Fund Methods:
■ Wire transfers (Client deposits are held in National Australia Bank -AUD, USD, GBP, EUR, SGD, JPY, NZD)
■ Credit Cards (Mastercard, Visa -AUD, USD, GBP, EUR, SGD, JPY, NZD)
■ MoneyBookers Skrill (USD, GBP, EUR)
■ BPay (Australian Traders, AUD)
■ Neteller (USD, GBP, EUR, SGD, AUD)
- MAM/PAMM uses three (3) allocation methods (a lot, percentage, equity)
- Unlimited number of trading accounts per manager
- STP execution on manager's account
- Full trading orders (Take-Profit, Stop-loss, and Pending orders)
- Supports scalping and hedging on managed accounts
- Supports automated trading and EAs on managed accounts
- Monitor live Profit & Loss and Order Management
VantageFx Rebate Program
Vantage FX provides a rebate program on all Standard Account Types. You receive rebates based on your trading volumes. Vantage Fx offers a rebate of $2.00 AUD per standard traded lot. This rebate amount is in the form of cash and it is paid directly, on a daily basis, into any trader’s MT4 account. These are the basic features of the VantageFx rebate plan (read carefully our note in the end):
- $2.00 AUD per standard traded lot
- Cash rebate paid daily
- Paid directly into any trader’s MT4 account
- No widening of the spread
TradingCenter's Note: The Vantage Fx rebate plan is based on your initial deposit, and rebates can’t exceed 10% of the amount you have deposited. Also, the VantageFx Rebate plan is not applied on Raw ECN accounts.
CORPORATE & CONTACT INFORMATION
Corporation: VantageFx is a trading name of Vantage Fx PTY LTD Headquarters: Phone Customer Support (24/5):
VANTAGEFX REVIEW PROS AND CONS (According to competition)
VANTAGEFX REVIEW PROS & CONS |
|
VantageFx Review PROS |
VantageFx Review CONS |
√ Relative Tight spreads and $6/lot trading commissions √ ECN execution (connects with Equinix servers) √ Automated Trading, Scalping, and Hedging √ MAM / PAMM Accounts √ Social Trading via MyFxBook √ Regulation and Client Bank Account Segregation √ 10% Rebate Plan |
X Limited selection of financial assets other than Forex X Raw ECN Accounts get no Rebates and no free VPS |
VantageFx Review Conclusions:
Vantage Fx is an ECN/STP Forex broker based in Australia. Vantage FX was found in 2006 and maintains offices in Sydney and London. It is regulated by the Australian ASIC. The broker segregates client funds from corporate funds via the Australian National Bank. Also, there is a $20 million insurance plan with Lloyd's of London. Overall as concerns safety of money, we may conclude that Vantage Fx is a safe place to trade.
Vantage Fx provides two main account types. The simple account type (Standard Account) offers STP execution and not very tight spreads. There is a rebate plan which is applied on Standard Accounts and provides $2 AUD cash rebates (up to 10% of the initial deposit). The standard account offers also a free VPS under a certain policy. You may open a Standard Account with $100. The other account type, RAW ECN, offers tight spreads and real ECN execution. There are no rebates in the RAW ECN account and no free VPS. You may start a RAW/ECN account with $500. The available fund methods include Wire, Cards, Neteller, BPay and Skrill, and Vantage Fx supports also 6 different account currencies.
The platforms offered by Vantage Fx include mainly MT4, MT5, and WebTrader. Social trading is available via the MyFxBook and mobile trading is available for iOs and Android (different versions for Smartphones and Tablets). Scalping and automated trading are fully allowed. The Financial instruments available by VantageFx include 40+ Forex pairs, Gold, Silver, Platinum, Crude Oil, and 8 Stock Indices. Vantage Fx provides also MAM/PAMM accounts with some advanced features including the allowance for scalping and EAs.
Overall, VantageFx is a good choice for day-traders, and scalpers offering relatively tight spreads and fast execution. It is also a fair choice for all those wanting their funds traded by professionals via managed MAM/ PAMM accounts.
► VantageFx Demo Accounts | ► VantageFx Real Accounts
L MORE REVIEWS • COMPARE • BROKERS
□ Forex Brokers Comparison
□ CFD Brokers
□ Expert Advisors (EAs)
► IC Trading Review
► FXOpen Review
► FP Markets Review
► IC Markets Review
► RoboForex
► FBS Review
► TitanFx Review
► FXDD Review