Vantage FX
Overall Rating:★ ★ ★ ★ ★ (4.4 / 5)
Introduction★ ★ ★ ★ ★ (5/5)
Licensing & Regulation★ ★ ★ ★ ★ (5/5)
Mobile Trading★ ★ ★ ★ (4/5)
Brand & Functionality★ ★ ★ ★ (4/5)
Registration Process★ ★ ★ ★ ★ (5/5)
Depositing Process★ ★ ★ ★ (4/5)
Product Offering★ ★ ★ ★ (4/5)
Trade Execution★ ★ ★ ★ (4/5)
Banking★ ★ ★ ★ (4/5)
Customer Support★ ★ ★ ★ (4/5)
Trading Tools★ ★ ★ ★ ★ (5/5)

Broker Information

User Rating
Vantage FX
4.7 (93.33%) 3 vote[s]
Leverage 1:500
Instruments 120
Platforms iOS App, Android App, Windows Phone App, MT4, MT5, Native Web Platform
Account Types Standard STP, Raw ECN, Pro ECN
Account Currency AUD, USD, GBP, EUR, SGD, JPY, NZD, CAD
Commissions -
Founded 2009
Customer Support -
Min Funding $200
  • ASIC
Funding Methods
  • VISA
  • Vantage FX
  • Vantage FX
  • Vantage FX


★ ★ ★ ★ ★

Vantage FX established in 2009, due to its major success became one of the major Australian based forex brokers. Adhering and operating in accordance with the strictest regulatory jurisdiction, the company continues to thrive in offering international traders the ability to access shares CFDs, commodities, indices, cryptocurrencies and forex markets. Vantage FX has also received several recognitions as a safe and secure forex broker, providing investors with transparent services.

What is most important to Vantage FX is to provide its clients with both transparency and trust, while the company actively promotes ethical practices and is passionate about offering exceptional services. The company is also known for matching its client interests and working as a team to reach the same goal. Unlike other brokerages, Vantage FX provides clients with a cash bonus and registering a new account is fast, while assistance is always available.

Licensing & Regulation

★ ★ ★ ★ ★

Trading as Vantage FX, Vantage FX PTY Limited is registered in Australia and in accordance to the regulatory guidelines of the Australian Security and Investment Commission, all client-funds are kept in a segregated National Australia Bank account. Vantage Global Prime Pty Limited is authorised and regulated by the Australian Financial Services, while the work done by employees, and authorised representatives are covered by Professional Indemnity Insurance in accordance with the ASIC Regulatory Guide. The list of liquidity includes major brands such as UBS, Bank of America, Credit Suisse, J.P. Morgan, Westpac, RBS and HSBC.

Mobile Trading

★ ★ ★ ★

Vantage FX provides traders fast access on the go via the official MetaTrader mobile apps, which include both the MetaTrader 4 and MetTrader 5 apps available on Android and Apple platforms. The stability of the apps ensures traders have real-time access to view prices and place forex trades, cancel, open, close or amend pending orders directly from their mobile devices. All forex trades balances are synced and kept up-to-date across the MetaTrader platforms.

Brand & Functionality

★ ★ ★ ★

Vantage FX received honours from some of the most respected organisations and publications for their exceptional services as well as vast offering and was awarded in 2017 and 2018 as the Financial Trading Service Provider of the Year and the Fintech Awards is a testament that the broker consistently surpasses the competition. As a true ECN broker, Vantage FX also received ECN awards for outstanding brokerage services, while its RAW ECN account’s low commissions received honours for offering the tightest spreads and transparent conditions. Vantage FX also earned the 2016 title as the Best IB Broker, 2016 ECN Broker of the Year and Outstanding Customer Support offered in 2016. Apart from being honoured as the Best STP/ENC broker the company was also the winner of the Global 100 in 2017.

Registration Process

★ ★ ★ ★ ★

Vantage FX utilises an exceptionally user-friendly design, which ensures registering a new account is fast and easy, which allows new traders to trade within minutes. The online and mobile application requires a few basic details while traders have a choice of three different account types, including the PRO ECN, RAW ECN and Standard STP.

The Standard STP account caters best to the needs of clients new to trading and in need of easy, direct access with no commissions. The RAW ECN is the most popular choice, and this option is perfect for experienced trader searching for razor-sharp spreads and deep liquidity. The PRO ECN account is preferred by professional traders interested in high volumes trading.

All Vantage FX clients have access to the brokers WebTrader, MetaTrader 4 and five apps and can access twenty commodities, thirteen indices and forty currency pairs. The STP execution type is used by the Standard STP account allowing the client to choose from a variety of currencies including USD, SGD, NZD, JPY, EUR, GBP, CAD and AUD. The minimum trade size is 0.01 lot, while the minimum balance is $200 and the leverage for the account is up to a maximum of 500:1, with spreads starting from 1.4 pips, lot rebates are $2.00 AUD, and there are no commissions. A live account offers instant access to 8 promotions, including a 50% welcome bonus, free forex VPS, rebates, smarttrader tools, an active trader program, email forex signals, 8.88% cash bonuses as well as MT4 indicators.

In catering for Muslim traders, Vantage FX also offers Islamic accounts providing traders with the chance to enjoy swap-free accounts. Designed for traders unable to receive or pay swaps the account is compliant with Sheikh Hasan Qamra and Sharia Law, while the accounts are fully certified by the Sharia Supervisory Board, chairman.

The Vantage FX Demo account registration takes only thirty seconds and enables new clients to test new trading strategies in a risk-free manner that could also improve future earnings since the demo account is unlimited and include price data from Vantage FX on-demand.

Depositing Process

★ ★ ★ ★

While funding options made available by Vantage FX include debit cards, credit cards, bank wires via Australian banks or international SWIFT, POLi, BPAY Australia, Neteller, Skrill, FasaPay and broker to broker transfers, there are no fees payable on any deposits. Withdrawal requests are processed via the same method that was used for funding the account up to the deposited amount, and any additional amount can be requested via any of the listed withdrawal options.

Product Offering

★ ★ ★ ★

Vantage FX focusses on forex trading providing members to access to over forty forex pairs as well as the uses of up to 500:1 leverage, plus ten indices focussed on liquid indices and 200:1 leverage. The commodities trading includes a volume of up to 20 lots for precious metals with a leverage of 100:1 and margins from 1% on the soft commodities markets.

Traders interested in trading cryptocurrencies have access to Bitcoin with up to 5:1 leverage, a leverage of 2:1 with Bitcoin Cash and a 0.01 contract volume, up to 50 contracts per trade is offered with Dascoin. Trading opportunities also include Ripple, Litecoin and Ethereum as well as CFDs with up to 20:1 leverage from $6 per trade.

Trade Execution

★ ★ ★ ★

Aiming to provide industry-leading low spreads, possible due to the number of liquidity providers working with the company, Vantage FX’s Standard STP accounts spread starts at 1.4 USD/EUR, 1.4 for USD/AUD, 1.5 for JPY/USD and 1.6 for USD/GBP. For ECN RAW accounts spreads starts from 0.1 to 0.6, while the commission rates are displayed on the website.


★ ★ ★ ★

Funding your Vantage FX account is fast, and the list of secure payment options includes debit and credit cards accepting CAD, NZD, JPY, SGD, EUR, GBP, USD and AUD, bank wire transfers via International SWIFT accepting NZD, JPY, CAD, GBP, USD, EUR and AUD, bank wire Australia accepting AUD. POLi payments available to Australian traders only via AUD, Skrill accepting EUR, GBP and USD as well as Neteller with currencies accepted including SGD, EUR, AUD, GBP and USD. Broker to broker transfers is possible in NZD, SGD, GBP, JPY, EUR, USD and AUD, while FasaPay payments are offered in USD.

No internal fees are charged by Vantage FX for electronic withdrawals or deposits, although NAB transacts payments such as MasterCard, and Visa payments do incur fees, while international as well as third-party payment are subject to conversion and transfer fees.

Customer Support

★ ★ ★ ★

Every page on the Vantage FX website offers a chat button enabling traders to have instant access to live chat. The support team can also be contacted via the phone numbers indicated on the website, while support is also available via email and response is within 24 hours. While Vantage FX can also be followed via social media forums including YouTube, Google+, LinkedIn, Twitter and Facebook.

Trading Tools

★ ★ ★ ★ ★

The smart trader tools package offered by Vantage FX that assists its MT4 platform competes with the most advanced trading platforms while it provides retail traders with the same benefits as enjoyed by institutional dealers. An Alarm Manager is included in the package with several types of alerts and alarms offered via email, pop-up, Twitter, SMS and Correlation Trader, Market Manager, Correlation Trader, Sentiment Trader, Excel RTD Link, Mini Terminal, Trade Terminal and Session Map. The package is free once the minimum deposit of $1,000 is made.

MT4 trading accounts with Vantage FX enable traders to take advantage of forex signals send directly to their inbox. Using the trading signals enables you to monitor successful traders, and due to rigorous testing by the developers, the pre-approved signals provide secure and credible information that protects users from any signals that could lead towards losses. Up to 9 timeframes can be viewed, and daily emails cover around seventy tradable markets, while the active trader program offers existing and new clients a cash rebate once the minimum required deposit is made. ECN trading includes automated trading options as well as advisors, while the free forex VPS ensures that the MT4 platform is available 24/7. The Vantage FX economic calendar provides information regarding upcoming events, the currency that is affected, their location as well as the predicted impact that could affect the market.