VantageFX Review – is VantageFX Scam or Legit Broker?

Vantage FX

3.2

Rating

3.2/5

Pros

  • ASIC law
  • 500:1 Leverage
  • Spread as much as 0.0
  • 100% security and safety
  • MT4 and MT5 for Mobile, Mac and PC

Cons

  • Many generous promos have died
  • Limited Account Profiles (Just 2)
  • High Leverage on Standard Accounts
  • Limited Financial Instruments
  • Limited Deposit/Withdrawal options

Vantage FX is an Australian-based Forex brokerage. It’s owned and run by Vantage FX PTY Limited, together with complete regulation and licensing thanks to ASIC. In addition, Vantage FX maintains a segregated account for customers together with National Australia Bank, an AA-rated bank association. Client safety is guaranteed by means of KPMG auditing, and there’s additional indemnity insurance according to ASIC regulatory guide RG 126 department 912B.

Overview/ desktop

Vantage FX is one of the top providers of Forex Currency trading services in Australia. Customers may enjoy lightning-fast trades on MetaTrader 4 and also MetaTrader 5. Vantage FX is famous because of its wide assortment of Forex trading products and services. During writing, this internet brokerage offered 40 Forex pairs, for example, big currencies, minor pairs along with exotic money pairs. Customers may enjoy deep liquidity and trades together with spreads from as few as 0.0 pips.

Popular currency pairs incorporate EUR/USD, AUD/USD, GBP/USD, along with USD/JPY. Supplemental profits for Forex traders consist of top leverage (500:1). The no coping desk balances in Vantage FX offer full transparency of services at an international system of FX trades. There are just two specific account styles out there to traders involving ECN accounts along with RAW accounts. Over three dozen money pairs is found from Monday through Friday across multiple Forex marketplaces.

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Account Types

There are just two main account type s in Vantage FX. These contain the Live Account, and also the Demo Account. FX traders may start a live account in less than five minutes, simply by submitting some details such as for example: before all else name, last name, telephone number, email and individual/company, hope or self-managed Super finance. Further details have to be accompanied by confirmation of data. The FX demo accounts additionally take a registration, but as soon as you’ve entered your account information, you’ll be ready to go.

Trading Platform/ applications

Vantage FX supplies multiple application platforms for Forex traders. Included in these are MetaTrader 4 along with MetaTrader 5. MetaTrader can also be readily available for Mac. Many Other options are also available for example MarketTrader, WebTrader, Mobile Trading Apps, MAM/PAMM, ZuluTrade, along with MyFXBook AutoTrade. These trading platforms and also the applications they operate are intended for lightning-fast trades, equilibrium, and greatest functionality. At profits of utilizing this program would be the next:

  • Tight spreads on Forex pairs
  • Dozens of FX trading options (major, small and exotic pairs)
  • Full cellular performance for Android tablets and smartphones, in Addition to iOS apparatus
  • Wide selection of trading applications including free FX VPS, EAs, economical calendars, Forex signs, MT4 indicators, FX opinion signs, Pysquation, and much more.

Deposit options

Deposit options at Vantage FX comprise quite a few charge cards, bank cards, bank wire transfer procedures and E-Wallets. Popular options include: Bank Wire Transfer: Australia, Bank Wire Transfer: International Swift, Visa, MasterCard, BPAY, POLi, Skrill, NETELLER, and Broker to Broker Transfer. Deposit options are readily available in a number of currencies including AUD, NZD, USD, SGD, EUR, JPY, and GBP.

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Markets

Besides FX currency pairs, multiple different marketplaces are supported for example indices trading commodities trading and cryptocurrency trading. The next financial tools are available under every class:

Forex Currency trading – AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/SGD, AUD/USD, CAD/CHF, CAD/JPY, CAD/SGD, GBP/CHF, GBP/CAD, GBP/AUD, EUR/USD, EUR/SGD, EUR/JPY, EUR/CHF, GBP/JPY, GBP/NZD, NZD/CAD, NZD/JPY, NZD/USD, USD/CAD, USD/SGD, USD/NOK, USD/CNH, USD/CHF and Many More.

Indices – SPA200 DAX30, SP500, FTSE 100, ASX S&P 200, China A50, Hang Seng Index, NASDAQ 100 and many others.

Commodities – silver, gold, oil, gas, and tender commodities.

Cryptocurrencies – Bitcoin (BTC)

Bonuses

There are just 8 Forex promotional supplies offered at Vantage FX. These comprise:

  • MT4 indexes
  • 8 8% money bonus
  • FX rebates
  • Smart Trader Tools
  • Free Forex VPS
  • Psyquation Training
  • Email FX Signals
  • MarketTrader Forex Signals

Vantage FX presents multiple different promotional supplies including a $100 friend referral bonus, and the Kaizen $1000 credit lien advertising, the 500 questionnaire promotion, along with others. Information on these promotional supplies is found via the voucher page.

Customer Support

By clicking the ‘Contact Us’ button, then traders can very quickly obtain in touch with Vantage FX support. This contact information is obtained:

  • VFX Clients phone number for Australia Inch 300 945 517
  • VFX Clients phone number for Global customers 61 28999 2044
  • New customers can get assistance via phone 61289992046, or email [emailprotected]
  • Head Office – Vantage FX PTY LTD, AC and 140903886, AFS permit #428901
  • Melbourne workplace – phone 61390933460
  • Social Media – Facebook, Twitter, LinkedIn, G and YouTube

Vantage FX service agents work hard to answer trader inquiries in a timely way. Live discussion functionality is definitely an efficacious means to get support being a present client, or to general queries. Live discussion is powered by ZenDesk.

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Safety

Multiple security protocols are set up to safeguard customers. These generally include segregated bank account (client funds are kept different from company financing together with National Australia Bank), ASIC law, MT4 and MT5 trading programs, KPMG audit solutions, indemnity insurance policies, full transparency, along with PWC bookkeeping services. Vantage FX will not offer coping workplace implementation, also Vantage FX will not offer requotes.

Ease of Use

Vantage FX offers forex traders absolute transparency in all transactions. Besides FX trading, you can find various different shares to trade comprise commodities, cryptocurrency, indices and more. Each kind of financial tool is recorded obviously onsite, and dropdown menus make it effortless to employ this broker. Numerous tools are given, for example an extensive education section for novices and recognized traders. The current presence of a demonstration account is an excellent way to figure out how to trade on the web, until you turn to some real money accounts.

Final Thoughts

Vantage FX provides MT4 and MT5 for both Mac, PC, and phone access into the money marketplaces. These world wide trading programs are the golden standard from the FX market. Vantage FX isn’t hard to use, also there are many bonuses and promotional supplies to maintain customers contented.

Internet Site:
www.vantagefx.com
Telephone:
1300 945 517
Legislation:
ASIC (Australia)
Pairs provided:
AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/SGD, AUD/USD, CAD/CHF, CAD/JPY, CAD/SGD, GBP/CHF, GBP/CAD, GBP/AUD, EUR/USD, EUR/SGD, EUR/JPY, EUR/CHF, GBP/JPY, GBP/NZD, NZD/CAD, NZD/JPY, NZD/USD, USD/CAD, USD/SGD, USD/NOK, USD/CNH, USD/CHF
Minimum Deposit:
$200
Spreads From:
0.0 PIPs
Max Leverage:
500:1
Markets:
FX, indices, commodities, and Cryptocurrency