At this point, you can contact Vantage FX support to upgrade your account. The spreads are from 0.0 pips and the commission is $3.00 per lot per side. The minimum trade size is still 0.01 lot and the minimum balance is $500. Opening a Vantage FX account is specifically designed to be incredibly simple. Begin by filling out the online application and then fund the account using your choice of ten different funding methods.

ATFX Broker Review: Is it Safe? Complete Guide With Pros & Cons

Use our international search tool to find a broker that accepts clients from your country. Vantage FX does not charge any internal fees for deposits or withdrawals. vantage fx However, payments to and from overseas banking institutions may attract intermediary transfer fees from either party independent of Vantage FX.

Trading Platforms

The account provides straightforward access to the broker’s dark liquidity pools which can help boost your liquidity. To help ensure its quick execution times and excellent service, Vantage FX also uses high-end trading servers. The broker has live trading servers in New York and London, allowing easy access to two of the world’s major financial hubs. The trading servers allow for sourcing ECN market liquidity and streaming that liquidity into the MT4 accounts of clients. Vantage FX prides itself on delivering better service and access to the forex markets than competitors, both for retail and professional traders.

Desktop Trading Platforms

Lastly, we have the Pro ECN account, which is extremely similar to the Raw ECN type. The biggest difference is that the account isn’t offered to Australian traders, and comes with a $10,000 USD minimum account opening amount. The advantage of this account is the higher leverage you can trade with but you will need to prove you meet the eligibility requirements set by the FCA. For absolute beginners in South Africa, or traders with minimal capital, there is a Cent Account (sometimes called micro-lot account), which is a trading account that is measured in cents, instead of dollars.

Demo Account

You can elect for an electronic funds transfer from an Australian Bank, or a BPay transfer, which will be fee-free but take a couple of days. Probably a better method would be to use a PayID transfer which should be close to an instant deposit. Be careful if using a credit card, as the deposit may be labeled as a cash advance and come with added fees or interest charges. If you do take up a swap-free account, do note that swap costs are replaced with a daily administration charge so one could argue this account is not a true sharia law compliant Islamic account.

Standard STP Live Accounts

Our simple and intuitive trading platform allows you to trade over 300 different CFDs on instruments no matter where you are. Our ultra-fast execution, stable performance, and round-the-clock dedicated customer service support, ensures that with Vantage, you have the edge to trade better on market opportunities. If you’re a complete beginner and want to learn how to trade, you can find better educational options elsewhere. But, if you somewhat know what you’re doing, Vantage offers competitive spreads and commissions. The firm offers MT4, MT5, and TradingView-based platforms, which in our opinion is exactly what the average retail trader should be using. But will the trade ideas, trading tools, and sentiment analysis type information give you an edge in the markets?

Desktop platforms

Those who join Vantage FX face the option to trade with hard commodities such as natural sources of energy and precious metals, both of which boast a very high economic value. Such commodities are considered a haven for investors and traders alike, especially during periods of difficult economic conditions. While the broker’s research and educational offerings continue to expand, Vantage has a ways to go if it wants to compete with the best brokers in those categories. We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

With the Vantage FX Forex Rebate Program, clients receive rebates daily in the form of cash that is instantly sent to their MT4 trading account. This program applies to Standard STP Accounts and makes it possible to receive $2.00 AUD for every standard FX lot. The standards that Vantage FX follows due to its ASIC regulation are considered a regulatory benchmark globally, giving clients a great deal of confidence. KPMG is a network of a global nature that includes professional firms that provide audit services as well as those of an advisory nature and tax services. We spare no expense in building a powerful and nimble trade platform, creating highly efficient processes, so you can enjoy a smooth and efficient trading experience.

When all of that was complete, we were ready to deposit funds into the account. Up next, we had to share some basic details regarding our trading history and experience. Next, we had to share details of our employment status and financial position. Vantage is required to do this due to regulatory KYC (Know Your Client) processes. If you’re a rank beginner, you’ll probably find some of the articles useful for learning the terminology and basic concepts. Outside of these hours, we would sometimes run into a chatbot on live chat, or deal with a customer support representative who seemed less knowledgeable than their Australian counterparts..

With more than 10 years of market experience and headquartered in Sydney, Vantage now has over 1,000 staff across more than 30 global offices. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He https://forexbroker-listing.com/ has a Masters and Commerce degree and has an active role in the fintech community. A last step in the account opening process required that we upload a picture of our driver’s license, as well as a proof of address document. Then we had to provide details about our address and whether we’re a US resident for tax purposes.

While the account creation is swift (can be completed within 5 minutes), it may take up to 24 hours to get your trading account verified. Upon verifying your account, you will have to fund your account using any of the available payment methods before you can start trading. However, CFTC regulation is absent; therefore, Vantage FX cannot provide its services to citizens or residents of the United States. Finally, Vantage FX partners with CellXpert, which makes it possible for CPA Partners to make use of the latest marketing tools available. CellXpert lets affiliates of Vantage FX server their ads, manage their campaigns, track conversions, and optimize performance in a single, convenient package. This partnership helps ensure that CPA Partners have all the tools needed to enhance productivity and revenue.

He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. In our analysis of 23 international regulators across 62 of the best forex brokers, FOREX.com is considered Highly Trusted, with an overall Trust Score of 99 out of 99.

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Vantage FX incorporates the latest innovative technologies to make trading faster and easier for their clients. They partner with Equinix, enabling them to provide a diverse network of servers linked by fiber optics.

It is available as a mobile app that is compatible with Android and iOS devices and can be downloaded from the respective app stores. CFDs and Spread Bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.5% of retail investor accounts lose money when trading CFDs and Spread Bets with this provider.

You can deal with various financial instruments on your desktop computer, Mac laptop, Android or iOS-based mobile devices. Foreign exchange is the most liquid market in the world, with a daily turnover of more than $4 trillion. All banking institutions, global companies, and country governments participate in this liquid market.

1. The partnership is available for both corporate clients and individuals worldwide.
2. In terms of where your funds are held, Vantage holds client funds in top-tier banks, and in trust accounts as funds that are separate from company funds.
3. You can also call Vantage FX via the phone number conveniently displayed at the top of any page on the website.
4. We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
5. It was very simple to bring up price quotes for products like the 10-year German government bond.
6. Vantage FX is transparent with strong regulation, lets clients trade on the powerful MetaTrader 4 and MetaTrader 5 platforms, and offers lightning-fast trading execution.

Vantage FX dedicated resources and time into researching the location to maximize the advantage of the trading servers for clients. That led to the decision to have the servers in both London and New York. Vantage FX uses the MetaTrader 4 and MetaTrader 5 platforms, the best-respected and most popular platforms in the world of forex trading. These platforms are available in 32 different languages with 24/5 market hours. Vantage FX does offer a demo account and it takes less than 30 seconds to sign up for one. Additionally, those who already hold a live account with Vantage FX can take advantage of an Unlimited MT4 and MT5 demo account.

Residents of China should note that this interest promotion is not offered in that region. Vantage FX also offers an Islamic Account for Muslim traders to utilize so they can enjoy a swap-free account. This account was specifically designed for those forex traders who cannot pay or receive swaps due to religious beliefs. It offers the same eight base currencies and does not offer $2.00 AUD per lot rebates. Furthermore, Vantage FX segregates all client funds in a trust account that the National Australia Bank holds. This allows for further protection for the funds as the National Australia Bank is AA rated and among the four largest financial institutions in the country.

At the same time, you will benefit from the fast execution of your quotes, super-sharp spreads, and transparent pricing. The latter is based on the underlying prices of the indices’ stock markets. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe.