9 /10
Overall Rating

Vantage FX Review

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Is Vantage FX a reliable Forex broker? At AtoZMarkets.com, we have a readers-first policy. Thus, we always put our readers’ safety as a priority in our business line. We will never just satisfy ourselves with a broker’s public information. Therefore, we use direct interaction with the broker, public opinion analysis, live and demo account testing, and even the accuracy of the price chart.

Vantage FX is a specialized team that offers traders access to global CFD and FX markets. With the world-class MT4 and MT5 trading platform, you can enjoy the exceptional execution speed and some of the lowest spreads in the industry. Furthermore, the award-winning customer service is also a reason to trade with this broker. 

However, there is more to know about this broker. Is it wise to make an account here? Continue reading AtoZ Markets’ full Vantage FX broker review to learn more.

Overview

Company
9 /10
Trust
9 /10
Trading Platform
9 /10
Account Types
9 /10
Costs
8 /10
Customer Support
9 /10
Regulation
8 /10

Company

9 /10

Vantage FX started its business operation in 2009 to offer trading to retail forex traders to experience an unparalleled trading experience. The main aim of the company is to provide a transparent trading environment in the forex market.

Many respected organizations and publications recognize Vantage FX as a premium Forex broker. As a result, the company has earned several awards in different categories. In the award-winning MetaTrader 4 and MetaTrader 5 platform, Vantage FX has been able to provide service as more than just a Forex broker.

The company won the Finance Monthly 2019, 2018 and 2017 Financial Trading Services Provider award. The main core strength of this broker is that it provides an ECN trading platform where traders can enjoy a hassle-free trading environment.

The company has a RAW ECN trading account with razor-sharp spreads from 0.0 pips and extremely low commissions that make it one of the most competitively priced brokers in the industry. As a Forex trader, finding a broker with a low cost and maximum benefits is important. Vantage FX offers institutional grade liquidity from the world's largest banks and financial institutes directly into MT4 and MT5. Therefore traders can have the absolute best bid and ask price from the available price. 

Vantage FX

Pros and Cons

Pros

  • World-class MT4 and MT5 trading platform.
  • Social trading through ZuluTrade, DupliTrade, and MyFXBook auto trade.
  • Spreads from 0.0 pips.
  • Built-in economic calendar and forex sentiment indicator
  • The award-winning broker provides a RAW ECN and PRO ECN account.

Cons

  • The minimum deposit is $200.

Trust

9 /10

Vantage FX keeps clients' funds in a segregated account with AA rated National Australia Bank (NAB). NAB is one of the four largest financial institutions in Australia, with a market capitalization of $93 billion. NAB is among the top 20 safest banks in the world, with more than 12 million customers.

We have found that the company complies with the financial regulations set out by the Cayman Islands Monetary Authority during our review. Moreover, Vantage FX has Professional Indemnity Insurance in place, covering the work done by company representatives. 

Besides regulation, Vantage FX is transparent by showing its regulation information publicly on its website. Furthermore, trading conditions and trading costs are also publicly mentioned on the website in the trading conditions section.

Trading Platform

9 /10

Vantage FX uses the world-famous MT4 and MT5 trading platform to allow traders to have user-friendly access to global markets. Furthermore, the company has provided a comparison between MT4 and MT5 platforms that might help traders have a broader view.

Vantage FX MT4

The MetaTrader 4 Platform (MT4) is the most popular online Forex trading terminal in the world. This platform is connected to the custom made oneZero™ MT4 Bridge offers extensive liquidity.

 

Vantage FX has worked hard to create a fiber-optic network and servers to leverage MetaTrader 4's Forex trading potential. As a result, traders might gain an edge on global Forex markets with substantial improvements in execution speed and a transparent price feed across all asset classes.

Other features of Vantage FX’s MT4 are mentioned below:

  • Custom charting for flexible trading
  • Available on every trading account.
  • With the Vantage FX, MT4 traders can access 40 Currency Pairs, 13 Indices, 20 Commodities, and 100 Share CFDs.
  • Nine timeframes.
  • Scalping and hedging opportunity.

Vantage FX MT5

Metatrader 5 is a more advanced trading platform than MetaTrader 4. MetaTrader 5 is an industry-standard platform offered by the most trusted Forex brokers, and Vantage FX is one of them.

When you open an account in Vantage FX, you will get access to the latest MetaTrader 5 platform with all expert Advisors and signals. Furthermore, you will be able to hedge your positions with this trading platform.

Moreover, Vantage FX uses the MT5 Equinix server in New York. This location works as a primary liquidity provider because you will be able to get faster trade execution than the other brokers MT5.

Other features of Vantage FX MT5 is mentioned below:

  • Custom charting for flexible trading
  • Available on every trading account.
  • With the Vantage FX, MT4 traders can access 40 Currency Pairs, 13 Indices, 20 Commodities, and 100 Share CFDs.
  • MQL4 based auto trading opportunity.
  • 21 timeframe
  • Scalping and hedging opportunity.

Vantage FX Social Trading

Vantage FX has opportunities for people who are not into trading. Social trading is becoming popular day by day and creating a bridge between traders and non-traders. Vantage FX offers social trading opportunities through ZuluTrade and MyfxBook.

ZuluTrade

Vantage FX clients can access a vast pool of professional traders and profitable trading systems through the ZuluTrade.

You can choose professional traders to whom you will allow to trade for you. Based on the performance of the traders you follow, your trading account will be a mirror of the performance of the profitable traders through the ZuluTrade platform. All trading activities will be copied through your Vantage MT4 trading account.

MyFXBook Autotrade

MyFXBook is a social trading platform where professional traders publish their trading ideas. Moreover, traders can apply for auto trade, and based on the trading performance MyFXBook allows them to copy trades.

In the MyFXBook trading platform, there are more than 90,000 profitable forex trading systems to copy trades from.

Account Types

9 /10

Vantage FX has three account types that include both ECN and STP platforms. Traders from beginner to advanced levels have access to one of the most transparent trading environments in the industry.

Let's have a look at a short glimpse of Vantage FX account types:

Vantage FX Account

Vantage FX Raw ECN Trading Account

Vantage FX has introduced the next generation RAW ECN trading environment, which gives you the most cost-effective Forex trading solution available across the Forex trading industry. You can trade forex on institutional grade liquidity directly from the world's largest banks and institutions with no spread mark-up.

  • Platform- : MetaTrader 4 and MetaTrader 5
  • Execution Type-: ECN
  • Range of Markets-: 40 Currency pairs, 13 Indices, 20 Commodities, 200+ Share CFDs
  • Platform Choices-: MT4 / MT5 for Mac, WebTrader, Mobile Apps
  • Minimum deposit-: $500
  • Minimum Trade Size-: 0.01 lot
  • Leverage- : Up to 500:1
  • Spreads- : from 0.0 pips
  • Commission- : $3.00 per lot

Vantage FX Standard STP Account

This trading account is ideal for traders ready to move into the live trading environment. Through this trading Account, you will gain direct access to institutional grade spreads and dark liquidity pools for increased liquidity. Other features are mentioned below:

  • Platform- : MetaTrader 4 and MetaTrader 5
  • Execution Type-: STP
  • Range of Markets-: 40 Currency pairs, 13 Indices, 20 Commodities, 200+ Share CFDs
  • Platform Choices-: MT4 / MT5 for Mac, WebTrader, Mobile Apps
  • Minimum deposit-: $200
  • Minimum Trade Size-: 0.01 lot
  • Leverage- : Up to 500:1
  • Spreads- : from 0.0 pips
  • Commission- : No

Vantage FX Pro ECN Account

The Vantage FX PRO ECN account is designed to give professional traders, money managers and algorithmic traders unparalleled execution speed and extra-tight spreads, all with just $2.00 commission per standard FX lot, per side.

  • Platform- : MetaTrader 4 and MetaTrader 5
  • Execution Type-: ECN
  • Range of Markets-: 40 Currency pairs, 13 Indices, 20 Commodities, 200+ Share CFDs
  • Platform Choices-: MT4 / MT5 for Mac, WebTrader, Mobile Apps
  • Minimum deposit-: $20,000
  • Minimum Trade Size-: 0.01 lot
  • Leverage- : Up to 500:1
  • Spreads- : from 0.0 pips
  • Commission- : $2.00 per lot

Besides these trading accounts, Vantage FX has Islamic trading accounts for shariah compliance. In the Islamic accounts, there is no interest or swap taken.

Costs

8 /10

Vantage FX offers feeds from 70 institutions on its MetaTrader 4 and MetaTrader 5 trading platforms. This company provides variable spreads starting from 0.0 pips in its RAW ECN trading account and 1.0 pips in Standard STP account.

A comparison between the spread is mentioned below for major currency pairs. 

On the other hand, Vantage FX does not charge any fees for deposits or withdrawals. However, traders might have to pay the third party deposit or withdrawal charge.

Customer Support

9 /10

Vantage FX FAQ section covers most of the trading related questions. Moreover, the FAQ section has three categories: company-related, trading platform related, and trading related.

Furthermore, Vantage FX has a live chat option where traders can ask any trading and company-related questions.

During our review, we have found the live chat as fast and effective. Other contact information is mentioned below:

  • Phone (International): +442080363883
  • Email: support@vantagefx.com

Physical Address: 4th Floor The Harbour Centre, 42 N Church St, George Town, Cayman Islands

Regulation

8 /10

Vantage FX is a trading name of Vantage International Group Limited. Vantage International Group Limited is authorized and regulated by Cayman Islands Monetary Authority (CIMA), Securities Investment Business LAW (SIBL) number 1383491.

Regulators require licensed financial services providers to meet strict capital requirements and follow and employ internal procedures, including risk management, regular staff training, financial compliance and strict auditing procedures.

Conclusion

Vantage FX is the right broker for those who seek a platform that can provide a hassle-free transparent trading experience. During our review, we have tested the pricing and MT4 data and found it transparent. As a Raw ECN broker, there are only a few brokers that can provide services like Vantage FX.

Based on the AtoZmarkets review, Vantage FX is secure and safe for investing. However, you are recommended to test the broker with a smaller deposit or demo account before making any substantial investment.

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