Vantage FX Review

Want to see if Vantage FX is a legit broker? Is it safe to trade? It spread is high or low? How long to deposit or withdraw funds?

We provide answers to all the questions in this Vantage FX Review.

We checked all Vantage FX licenses and regulations to see if Vantage FX scam or safe. We compared Vantage FX fees like spread & commission from its live account to over 150 brokers, required time for deposit & withdrawal and many more findings all in this review.

What is Vantage FX

Vantage FX is Australian Forex and CFD broker, established in 2009.

The broker started in Australia under regulation by high trusted ASIC, and further expanded to UK obtaining FCA regulation, also running two offshore entities in Vanuatu and Cayman Islands for global operations.

Vantage FX highlights

🗺️ Regulated in	Australia, UK, Vanuatu, Cayman Islands
🛡️ Is Vantage FX safe to trade	Yes
💵 EUR/USD spread	1.4 pips
🏦 Deposit	Bank Wire, Cards, Skrill, Neteller
💰 Minimum deposit	US$200
🏦 Withdrawal	Bank Wire, Cards, Skrill, Neteller
💻 Trading platform	MT4
💳 Trading markets	Forex, CFDs on Indices, Metals, Energies, Shares
📈 Number of product	300+
📉 Live chat response	Instant and relevant answers

Regulation

License and regulation are keys to security. There are two facts checked, the broker’s license and its background, second how are you protected if something goes wrong.

Is Vantage FX legit

Vantage FX is fully legit and is regulated by two top-tier authoritites with highest trust Australian Securities and Investments Commission (ASIC),  and FCA in the UK.

Two international entities based in offshore Vanuatu and Cayman Islands are not regulated by registered according to local laws.

Vantage FX licenses and status

Entity	Registered in	Regulator	License no.	Status
Vantage Global Prime Pty Ltd	Australia	Australian Securities and Investments Commission (ASIC)	AFSL No. 4289017	Currently Regulated
Vantage Global Prime LLP	UK	Financial Conduct Authority (FCA)	590299	Currently Regulated
Vantage International Group Limited	Cayman Islands	Cayman Islands Monetary Authority (CIMA)	1383491	Currently Regulated
Vantage Global Limited	Vanuatu	Financial Service Comission (VFSC)	Reg. No. 700271	Registered

Is Vantage FX safe

Vantage FX is considered safe because it is regulated by several reputable authorities including ASIC and top-tier FCA.  

Vantage FX operates 4 entities and is regulated by 2 regulators with high requirements and regulation, plus two entities are registered in offshore zones.

The matter of entity applies regulatory measures, protection of the clients and differences between audit controls.   

Vantage FX compensation scheme

Entity	Compensation Amount	Negative Balance Protection
Vantage Global Prime Pty Ltd	No compensation	Yes
Vantage Global Prime LLP	£85,000	Yes
Vantage International Group Limited	No compensation	No
Vantage Global Limited	No compensation	No

We recommend to register account with Australia or UK entities as we consider these regulations the best

Vantage FX provides negative balance protection for retail trader accounts. However, offshore entities does not require this measure, also risks are much higher due to low regulations.

Markets and Products

At Vantage FX you can trade good variety of products including Forex, CFDs on Indices, Oil, Metals, Commodities and Shares.

Cryptocurrencies are also now missing from the trading portfolio, also range of instruments is different in each subsidary.

Binary Options

Binary Options were available for trading in Vantage FX at its beginning, however now broker does not offer Binary Options trading due to its high risks.

Markets	Instruments
Forex	44
Indices	16
Commodities	19
Cryptocurrencies	–
Shares	226

Account types

Vantage FX offers three account types, Standard STP, Raw ECN and Professional Account, that differ in pricing model, included benefits and trading deposit.

Login

Login VantageFX is on main page of the relevant subsidiary website, there are four domains operated by Vantage FX.

	Standard STP	RAW ECN	Professional ECN
Minimum Deposit	200 USD/EUR/GBP	500 USD/EUR/GBP	500 USD/EUR/GBP
Spreads From	1.2 pips	0.0 pips	0.0 pips
Commissions	Zero Commissions	1$ per lot per side	£1.00 per lot per side

Fees and commissions

We ranked Vantage FX fee levels low and average based on Live Account Spreads and compared to 150 brokers in our database.

The spread we collected for popular instruments from 6 markets and over 150 brokers

Markets	Instruments	Low	Average	High
Forex	EUR/USD	0.1-0.9	1-1.5	1.6 or higher
Indices	US 500	0.1-0.4	0.5-1.4	1.5 or higher
Commodities	Gold	0.1-0.4	0.5-2	2.1 or higher
Stocks	Tesla	0.1-0.5	0.6-1	1.1 or higher
ETFs	US Russell 2000	0.1-0.4	0.5-1.4	1.5 or higher
Cryptocurrencies	Bitcoin	0.1-0.5%	0.6-0.9%	1% or higher

Spreads

Vantage FX fees are different in each account type.

ECN Pro account fees are very good and competitive we got 0.1 for EURUSD plus 1$ commission per side.

Spreads only Standard STP account fees are based on variable tight spreads with no commission charges. On our test trades the spreads were average levels for Forex and low for Indices compared to industry benchmarks and low for Forex.

Markets	Instruments	Standard account	Other brokers’ avg spread
Forex	EUR/USD	1.5	1-1.5
Indices	US 500	0.3	0.5-1.4
Commodities	Gold	1.1	0.5-2
Stocks	Tesla	6$ per order	0.6-1
ETFs	US Russell 2000	–	0.5-1.4
Cryptocurrencies	Bitcoin	–	0.6-0.9%

Other Fees

Vantage FX has low non-trading fees. There is no fee for deposit, or withdrawals, or inactivity fee.

Trading Conditions

The trading conditions at Vantage FX are good, but different in each entity. Almost all trading strategies are allowed including scalping and hedging.

Trading Conditions	Yes/No
Hedging Allowed	Yes
Scalping Allowed	Yes
Change Leverage Allowed	Yes

For hedging, there is no time limitation for keeping positions.

Scalping is allowed, Vantage FX cooperating with VPS service providers, Expert Advisors (EAs) trading has no restrictions.

Social trading is also offered via ZuluTrade, DupiTrade and MyFXBook for international traders.

Leverage                                       

Vantage FX Leverage and the change of leverage maximum levels depending on the entity regulations and goes up to 1:500.  

Deposit

Vantage FX charges no deposit fees. You can choose your preferred currency and use various methods like bank transfer, credit cards, and e-wallets, beware the range is different for each subsidiary, international traders can use a way more alternative methods.  

A bank transfer usually take several business days, and payments with credit/debit cards and e-wallets are instant.

Deposit Method	Funding Time	Fee
Bank Wire Transfer	2-5 business days	0$
Credit / Debit Card	Instant	0$
Skrill, Neteller	Instant	0$

Minimum Deposit

The minimum deposit requirement is 200$, AUD, GBP or currency you denominate your account for Standard STP Account. ECN account will require at least 500$.   

Withdrawal

Vantage FX covers fees for withdrawals, typically Vantage FX process withdrawals to either Credit Card or via Bank Wire transfer as the most trusted options.

Withdrawals are processed within 2 days by the broker, plus additional days for money to appear on your account due to payment providers.

Withdrawal Method	Withdrawal Time	Fee
Bank Wire Transfer	1-3 Working Days	Free
Credit Cards	1-3 Working Days	Free

Bonus

Vantage FX offers bonuses solely though international entities, since regulations does not restrict promotions.  You can sign for Welcome Bonus, Refer a Friend program, Active Trader Program and get FX Rebates of 10%.

Trading Platform

Vantage FX mainstays solely on MetaTrader software.

MT4

Vantage FX MetaTrader4 is supporting multiple languages and available in each Vantage FX entity proposal, covering Desktop versions for Windows, Mac, and Mobile Apps for Android and IOs.

MT5 is offered to Australian clients and for international proposal, also including social trading capabilities.

Research and Tools

Vantage FX research tools are also different in each entity. Youcan use Economic Calendar, Forex Calculator, MT4 Smart Trader and Sentiment Indicators available either on the platform or via the website.

However, we found that international proposal offers a way ore tools including also Pro Trader tools and additional features available via the MT5 platform, plus daily market analysis.  

Vantage FX research tools are available in different places:

• Trading platforms
• ‘Clinets’ section on the website

Education

Vantage FX education content is informative and organized. But similarly to tools and overall proposal education is much more detailed for International clients.

You can learn via trading videos, Manuals, Tutorials and Daily market Update by inhouse specialists. UK clients, however, can only get manuals.

Vantage FX education offering:

• Demo account
• Trading videos, articles
• Manuals
• Copy Trading and Social Trading, Daily Outlooks – international proposal
• ‘Client’ section on Website

Demo Account

Demo account is offered on free basis and available for all platforms and account types depending on the entity conditions.

Customer Service

Vantage FX customer service is good, Live agents are helpful supporting various languages and available 24/7, we also got fast answer via the Live Chat.

Customer Support available by:

• Live chat
• Telephone
• Email

Vantage FX live chat is fast speed, Chat agents available on the platform, mobile app and website

Question Asked	We asked about ECN trading connection.
Time of Reply	We were connected to customer support Live Chat almost instantly
Quality of Reply	The answer was good, refereeing to relevant entity conditions

Conclusion

Vantage FX is a safe broker to trade. The company is regulated by trustable ASIC in Australia and top-tier FCA. Vantage FX offers good flexibility between account types, pricing models, also costs are low.

The negative points is that international proposal offered by offshore entities is a way more reach with more tools included, better education and platform selection. Nevertheless, it is recommended to open accounts with regulated subsidiaries as they are more trustable.

We recommend Vantage FX for traders who look for true ECN connections with low costs