VantageFX Review: Know Everything About This Australia-based Global Forex Broker

Vantage was founded in 2009. It is a global CFD and forex broker based in Australia. It is regulated by many well-known authorities, including the Australian Securities and Investments Commission (ASIC), The Vanuatu Financial Services Commission (VFSC), and the Financial Conduct Authority (FCA). To know more about this broker you should read our VantageFX review.

Being regulated by multiple top-tier authorities, Vantage is a safe option. It provides traders access to the global forex market. Traders prefer Vantage because it ensures a fast and secure trading experience. Additionally, it offers a wide range of tools and instruments for trading. This makes it a great platform for beginners as well as experienced traders.

VantageFX Trading Platforms

Vantage operates on a global level. It serves traders from major countries such as South Africa, the United Kingdom, India, Hong Kong, Germany, and Australia. It also accepts traders from countries like France, Sweden, Thailand, Norway, UAE, Luxembourg, Qatar, Denmark, and Italy.

Previously, VantageFX was not available in Canada and the U.S. However, things have changed and now traders from these countries have access to VantageFX trading platforms.

It doesn’t matter what type of account you have with Vantage, you will still have access to the global forex market through its MetaTrader 5 and MetaTrader 4 platforms.

The advantage of these platforms is that they give you a fast trading experience. It is available in multiple languages and can be accessed from any device from any location. It offers 24 hours market service.

VantageFX Fees

Vantage is known to offer low brokerage fees. It has flexible pricing and charges based on the type of account you have.

Compared to other global FX brokers, the fees charged by Vantage are relatively low. This is what draws more clients to the site.

For clients with a Pro ECN account, the spread starts from 0.0 pips while the commission rate is $2 per side.

If you are a Raw ECN account holder, you will have to pay $3 per side as commission. For STP account holders, they don’t need to pay any commission.

VantageFX Mobile App

Vantage has not one but three mobile apps for trading. It offers different mobile trading apps for Android, Blackberry, and iOS users. Traders can download the app for free from the app store of their phones.

With Vantage mobile trading apps ensures real-time trading. It allows you to set profit and loss margins to make well-informed decisions.

The apps are user-friendly and feature a clean interface. Usually, mobile trading apps are complex. But Vantage has made sure to make the apps simple to use and easy to understand.

VantageFX is best for traders who want to start small. It provides value to traders and offers services at a low cost.