Vantage FX is an extremely reliable and trustworthy long established broker that offers a range of exciting bonuses for its clients at its own discretion. Their software is second to none and is cutting edge while remaining user friendly enough for both beginners and experienced traders to use. Their customer support team can be contacted by a wide range of methods including the convenient live chat option which is available 24 hours a day 5 days per week however their choice of options is somewhat more limited than that offered by many other brokers and there are no stocks available for trading.
Vantage FX is a reliable licensed broker which specialises in Forex but also offers binary options trading. Offering a choice of two types of accounts, this is a highly ranked broker which offers unparalleled transparency and a high level of performance. This broker offers a cutting edge trading platform with access to mobile trading apps and an unmatched execution speed.
Vantage FX is a regulated and licensed broker by ASIC so clients can have complete peace of mind that their details and financial information is in safe hands. All client funds are kept in segregated accounts and the site is strongly protected by SSL encryption for added security against cybercrime. This is an award winning broker established in 2009 and is owned and operated by Vantage Global Prime Pty Ltd based in Australia. Unfortunately, Vantage FX is unable to accept any traders from the United States due to its compliance with ASIC regulations which expressly forbids this.
Vantage FX only offers around 50 assets for trading including:
Currencies – 40
Commodities – 5
Indices – 10
Bonuses & VIP Programs
Vantage FX offers a range of interesting and profitable promotions for its clients at the broker’s discretion for time to time. Some of these promotions include free gadgets such as free iPhones or Android devices, a free VPS package, free access to the news terminal, cash bonuses, Refer A Friend bonuses, Forex rebates.
Vantage FX offers a convenient 100% internet based trading interface which allows seamless and speedy access as well as fast trade execution without the need for any installations or downloads of memory intensive software. This also means that traders are not tied to their PC and can access their trading account and place trades from any internet enabled device as long as they are connected to the web from any location in the world and at any time. They also have a mobile app for iOS and Android tablet and smartphone users which gives seamless access to the trading platform wherever the client goes to allow them to take full advantage of trading conditions at any time.
Deposits and Withdrawals
Vantage FX offers several payment options for making account deposits and withdrawals. These include:
- Bank transfer
Standard accounts require a minimum deposit of $100 while Raw ECN accounts require a minimum deposit of $1000. Withdrawal requests are usually processed on the same day and funds are often received within 1 working day. No fees are charged on any deposits or withdrawals although international bank transfers may incur a banking transaction fee.
The Vantage FX client support team can be contacted via several methods to respond to queries and to resolve any issues which may occur.
- Live Chat
- Telephone (5 phone numbers for offices in the UK, Australia, China, Canada, International client)
- Email (2 addresses including support and new accounts)
There is a useful frequently asked questions section to address any basic enquiries commonly posed by new clients.
Support is available 24 hours a day 5 days a week and the website is available in 5 languages – Spanish, English, Chinese, Malay and Thai.
Extra Features and Resources
Vantage FX offers its clients excellent educational resources to help them to learn more about trading binary options. There are manuals and video courses available to clients at all levels of experience as well as webinars. There are several other excellent special features available through this broker including access to trading signals, an economic calendar and expert advisors.
If you are considering choosing Vantage FX as your preferred binary options broker, there are a number of positive factors to consider, however there are also some disadvantages too:
- Cutting edge trading software that is suitable for use by both experienced and novice traders
- 100% online trading interface requiring no installations or downloads
- Instant customer support via the live chat facility
- Multilingual website
- Strong SSL encryption
- Regulated by ASIC
- Access to tools such as trading signals, expert advisors and economic calendar
- Educational resources
- Two account types
- 24 hour customer support 5 days a week
- VIP accounts with extra benefits
- Bonuses available
- Mobile trading app available for iOS and Android users
- No support available at weekends
- No stocks available for trading
- US traders are not accepted
Can I trade with Vantage FX using my mobile device?
Increasing numbers of traders are choosing to execute trades from their mobile devices like smartphones and tablets on a regular basis, so companies like Vantage FX are mobile optimising their platforms to ensure that they offer seamless access to trading accounts and trade executions from any internet enabled device through the provision of a 100% web based platform. As no software needs to be downloaded or installed, it is possible to use the online trading interface on any type of Android or iOS device from anywhere in the world. Vantage FX also have their own mobile app for iOS and Android users which can be downloaded free of charge enabling convenient on the move access to trading accounts.
Does it cost anything to register with Vantage FX?
It does not cost the client anything to register with Vantage FX and there are no hidden costs or fees to worry about.
Which currencies can I open a Vantage FX account in?
There are several different currencies that you can use to open your Vantage FX account. These include:
- US Dollar
- Pound Sterling
- Australian Dollar
- Canadian Dollar
- Japanese Yen
- New Zealand Dollar
- Singapore Dollar
Once you have selected a trading currency you will be unable to change to a different one at a later time.
What account types are offered by Vantage FX?
There are 2 account types offered by Vantage FX including:
- Standard STP – requires a minimum deposit of $100 – offers a $2 AUD rebate per lot and gives access to social trading
- Raw ECN – requires a minimum deposit of $500
Does Vantage FX offer educational resources?
There are many excellent educational resources offered by Vantage FX so whether you are a brand new trader or an experienced investor there are manuals, webinars and videos to help you to maximise your profits.
What kinds of free tools are available from Vantage FX?
Vantage FX offers its clients a wide range of free resources and tools that enable them to make the most of the trading opportunities on offer. Clients have access to SmartTrader tools with its many excellent benefits, free trading signals, expert advisors and an economic calendar to allow them to plan their trades with a better knowledge. There is also free news and financial information available through the broker’s website to inform clients’ trading more effectively.
Can I open a demo account?
A demonstration account is a great idea for allowing potential clients to try out all of the features of the Vantage FX trading platform. For novice traders, this is an invaluable facility to allow them to learn all of the basics of trading without having to worry about risking any of their own funds while those who have more experienced can use the demo account function to try out a range of new strategies without risk. Vantage FX offers a free demo account to potential clients with up to $50,000 of virtual funds.
I am from the USA can I register with Vantage FX?
Unfortunately due to being an ASIC regulated broker Vantage FX are unable to accept any traders from the USA at the present time.