logo |

News

    Home   >     Industry    >     Vantage FX    >     Main body

    Vantage FX:Vantage FX-Some Important Points about This Broker

    Abstract:Vantage FX was founded in 2009 by a highly professional team with extensive experience in finance, forex, and technology, and is based in Sydney, Australia. The company currently holds a full license from the Australian Securities and Investments Commission (license number: 428901), an STP license from the UK Financial Conduct Authority (license number: 590299), and an STP license from the Cayman Islands Monetary Authority (license number: 1383491).

      General Information & Regulation

      Vantage FX was founded in 2009, is an online broker, owning several entities under different regulation. Vantage International Group Limited trading under Vantage FX, is authorised and regulated by the Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL) number 1383491; Vantage Global Prime Pty Ltd trading under Vantage FX, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 428901 and is located at level 29, 31 Market St, Sydney, New South Wales, 2000, Australia; Vantage Global Limited is authorised and regulated by the VFSC under Section 4 of the Financial Dealers Licensing Act [CAP 70] (Reg. No. 700271).

      Vantage FX does not offer our services to residents of certain jurisdictions such as North Korea, Japan, United States and some other regions.

       Market Instruments

      Vantage FX offers investors a wide range of trading instruments, including Forex, Indices, Energy, Soft Commodities, Precious Metals, US Equity CFDs, UK & European Equity CFDs, Australian Equity CFDs.

      Minimum Deposit

      There are three trading accounts on offer on the Vantage FX platform: the Standard, the Raw and the Pro accounts. The minimum intial deposit requirement to start a standard account is $200, in line with the sector standard. The pro account requires a relatively high deposit of $20,000, which seems designed for seasoned traders to have a try.

    image.png

      Vantage FX Leverage

      Vantage FX, as a typical Australia broker, can offer the maximum trading leverage of up to 1:500. However, inexperienced traders are advised not to use such high leverage level in case of heavy fund losses.

      Spreads & Commissions

      When it comes to the core part of the forex trading-spread, it varies depending on various account types. The EURUSD spread in the standard STP account start from 1.4 pips, 1.6 pips on GBPUSD, 1.4 pips on AUDUSD, and 1.5 pips on USDJPY, with no additional commissions. The spreads in the Raw account and the Pro account are almost the same, with the EURUSD pair from 0.0 pips, GBP/USD from 0.5 pips, with an additional commissions required, USD currency with a commission of $6 round turn per lot, GBP currency with a commission £5 round turn per lot.

    image.png

      Vantage FX Trading Platform

      Vantage FX offers traders the most popular online forex trading terminals on the market- MT4 and MT5 trading platforms. MT4 trading platform from VANTAGE FX comes with a wide range of powerful chart types and supports desktop, web, and mobile devices, etc. MT5 offers a full suite of trading needs, including forex, commodities, and indices, with all quotes from liquidity providers at your fingertips. MT5's two account types (Equity and Hedge) make it easier for traders to manage their accounts in the way they want.

      Deposit & Withdrawal

      Vantage Fx offers several flexible deposit options, mainly Domestic EFT (AUD), Domestic Express Transfer (for Australia only), International EFT (AUD, USD, GBP, EUR, SGD, NZD, CAD), BPAY (for Australia only), POLi Payments (for Australia only), VISA/ MASTERCARD credit/debit card (supports AUD, USD, GBP, SGD, JPY, NZD, CAD), JCB (JPY), China UnionPay (USD), Skrill & NETELLER (AUD, USD, GBP, SGD), Broker Interchange, FasaPay (USD), Thai Bank Instant Wire Transfer (USD) Vantage FX does not charge any internal fees for any deposits/withdrawals. However, outgoing and incoming deposits from foreign banking institutions may be subject to brokerage fees for either party, these fees are not controlled by Vantage FX, and the user is responsible for the costs incurred.

      Customer Support

      In terms of customer support, Vantage FX provides email, telephone and live chat for traders. Moreover, they are also some social media platforms, including Twitter, Linkedin and Facebook.

    image.png

    United Arab Emirates Dirham

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United Arab Emirates Dirham
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.