Vantage FX Review – Key Points, Open Account, and More

Editorial Team
vantage-fx-review

Vantage FX is a multi-regulated ECN digital broker that offers a variety of trading platforms and account styles to meet the needs of various traders. Vantage FX provides investors with award-winning customer support, a wide variety of trading options, trading instruments, educational resources, and simple ways to finance their trading accounts. Our online broker analysis team has discussed some of the most critical things for you to remember when selecting the right broker for your online trading interests in this comprehensive Vantage FX study.

VANTAGE FX – OVERVIEW:

Vantage FX is a licenced online trading platform that was established in 2009 that provides global trading conditions to retail clients all over the world in a straightforward true ECN/STP atmosphere with no dealing desk interference. They offer over 300 trading options across various asset groups, including Forex, commodities, virtual currency, stocks, shares, indices, metals, energies, exchange-traded funds (ETFs), and CFDs. 

Vantage FX is an electronic communication network (ECN) broker that uses top-tier liquidity providers (LPs) for organisational liquid assets to guarantee quick deal implementation and strong interbank RAW ECN spreads starting at just 0 pips. J.P. Morgan, Hot Spot FX, National Australia Bank (NAB), Citibank, BNP Paribas, HSBC, Royal Bank of Scotland (RBS), Credit Suisse, Goldman Sachs, Bank of America, UBS, among others are some of the liquidity suppliers contributing to the deep institutional liquidity pool.

Vantage FX clients can exchange the markets on a laptop, internet, or mobile device using a range of 15 trading platforms, including the common Meta Trader 4 (MT4) and Meta Trader 5 (MT5) systems. Based on your portfolio assets, you will get up to 1:500 leverage. There are no credit fees, a minimum deposit of $200, and a variety of options to finance your account. Vantage FX uses cutting-edge technology that they are constantly working to improve and refresh to stay ahead of the competition. 

They have a relationship with Equinix that allows them to have a diversified network of servers that are connected by fibre optics. Per fibre optic cable that links their services is hand-selected and tested to make sure low latency and up to 100 gb/s bandwidth. Databases are based in massive economic centres around the globe, such as New York and London, to provide ECN market liquidity directly to client platforms for quick execution.

Vantage FX has established and maintained relationships with several major financial institutions to provide customers with a robust brokerage platform. The OneZero Liquidity Bridge allows Vantage FX to handle trading platforms from an elegant front end that provides a great deal of versatility about how they customise rates, bid spreads, aggregate liquidity, and connect with post-trade processors, thanks to its partnership with Meta Quotes. Trading Central provides clients with industry-leading trend insight, while cell expert provides affiliates with cutting-edge targeting resources.

VANTAGE FX – COUNTRIES, COMPLIANCE AND REGULATION:

The Vantage Group is made up of a variety of entities that are licenced and regulated in different countries. They should satisfy strict capital standards and follow internal processes such as risk control, routine employee training, financial enforcement, and stringent auditor’s report as regulated financial services companies. The Cayman Islands Monetary Authority (CIMA), under the Securities Investment Business Law (SIBL) number 1383491, has approved and supervised Vantage International Group Limited, operating as Vantage FX. With licence number 429801, Vantage Global Prime Pty Ltd, operating as Vantage FX, is supervised by the Australian Securities and Investments Commission (ASIC).

With licence number 590299, Vantage Global Prime LLP is licenced and controlled by the Financial Conduct Authority (FCA) in the United Kingdom. Vantage FX keeps customer assets isolated from the firms in consolidated accounts with Australia’s AA-rated National Australia Bank (NAB). This is done to make sure that customer funds aren’t used for anything else, including company expenses. NAB is one of Australia’s four biggest financial institutions, with a market capitalization of $93 billion and over 12 million clients. It is consistently ranked in the top 20 safest banking institutions on the planet.

Vantage FX provides professional indemnity protection to protect the work of its members, staff, and other authorised representatives. They are also subjected to rigorous audits daily. Customers from most nations can trade with Vantage FX, except for citizens of certain jurisdictions such as the United States, North Korea, and a few others. Due to legal requirements, some Vantage FX broker functions and products listed in this Vantage FX report may not apply to traders from specific countries.

VANTAGE FX – TRADING PLATFORMS:

Vantage FX offers several common trading channels, including Meta Quotes’ Meta Trader 4 (MT4) and Meta Trader 5 (MT5). Meta Trader is available for free on the desktop (Windows/Mac), web, and smartphone (iPhone/iPad/Android/Tablet). Many of the applications are updated at the same time, allowing users to access, control, and close positions in real-time from a variety of devices. Vantage FX, the broker’s own smartphone trading app, is also available.

1. META TRADER 4 (MT4):

MT4 is one of the most popular trading platforms in the world, thanks to its simple layout and quick learning process. It is easy to use for new traders while also providing sophisticated functionality for more seasoned traders. The OneZero TM MT4 Bridge, which links MT4 to their deep liquidity pools, has improved performance on the Vantage FX MT4. They’ve collaborated with Meta Quotes to make sure their fibre optic infrastructure and databases are getting the most out of the system’s features.

2. META TRADER 4 WEB PLATFORM:

Vantage FX offers the MT4 online trader, which helps you to use the app without having to install or update any extra applications in most common web browsers. The online trader has the same user-friendly interface and features as the desktop platform.

3. META TRADER 4 MOBILE APPLICATION:

Both Android and iOS versions of MT4 are available for download. This encourages merchants to sell from anywhere in the world with an internet connection when on the move. The smartphone application includes all of the standard Meta Trader functionality and can be installed for free from the appropriate app stores. Users may use their mobile devices to display pricing in real-time, access, change, and close positions. The trades in your account are synced through all Meta Trader sites.

4. META TRADER 5:

Though MT4 is still the most common trading platform, its replacement, MT5, adds some new features while keeping the same intuitive understanding and functionality. To further boost execution levels, Vantage FX has their MT5 Equinix server NY4 based in New York, close to their key liquidity providers. In comparison to MT4, MT5 has 21 timeframes, as well as help for more order forms and other built-in technical metrics for demand forecasting. For level 2 pricing, you can see industry depth. Traders can have complete risk management oversight of their accounts using the netting and hedging position accounting scheme.

5. META TRADER 5 WEB PLATFORM:

The MT5 web trader offers the same features as the MT5 desktop version without any need to install or update any new applications. Since the MT5 web trader constantly runs in most common web browsers, you can reach your profile from anywhere at any time, as long as you have access to the internet.

6. META TRADER 5 MOBILE APPLICATION:

For all Android and iOS platforms, the MT5 smartphone application is free to download. You will monitor your trades and examine the markets when on the go by logging into your trading account. The smartphone version has access to the majority of the features of the MT5 desktop platform.

7. VANTAGE FX APPLICATION:

The Vantage FX App gives you access to international markets and helps you to exchange at any moment, from anywhere. It gives investors access to a wide range of FX pairs, commodities, indices, stock CFDs, and more from their mobile devices. The Vantage FX App comes with a range of trading and investment options and is readily accessible to both iOS and Android users.

VANTAGE FX – TRAINING AND EDUCATION:

The Vantage FX webpage ‘learn forex’ segment features a concise guide to buying and selling the forex market, including topics such as what it is, how to perform market research, trading philosophy, and more. The guide is shown in an incredibly simple step-by-step format with accompanying photographs. Instructional tips and videos for using the Meta Trader platforms can be found in parts of the Vantage FX website. These tutorials include everything from the fundamentals of Meta Trader to more sophisticated custom metrics.

Vantage FX’s News Centre contains a wide range of news services to keep investors well abreast with the current industry developments. There’s a blend of technical and fundamental research, as well as news analysis and debates. It’s worth noting that the posts aren’t updated as much as those of several other web brokers.

VANTAGE FX – ACCOUNTS AND EXPENSES:

Vantage FX offers several trading accounts to meet the demands of various traders. The minimum balances spread, and fees are the key distinctions between the portfolios. Before starting a real account, demo accounts are useful in assessing the various trading sites and conditions. On-demand, swap-free Islamic accounts that follow Sharia law are open.

Traders that want direct market entry, higher spreads and no fees can use the Standard STP account. With variable spreads beginning at 1.4 pips, a minimum deposit of $200 is expected. Traders who require deep liquidity and tighter spreads should use the RAW ECN account. The minimum investment is $500, with variable spreads beginning at 0 pips and commissions beginning at $3. Professional traders and fund managers who want to exchange large amounts will benefit from the PRO ECN. The minimum payment is $20,000, with variable spreads beginning at 0 pips and commissions beginning at $2.

VANTAGE FX – ACCOUNT OPENING:

To create a trading account with Vantage FX, fill out the online request form in just a few minutes. All you have to do now is fill out your contact information and confirm your email account. After that, you must upload evidence of identity (e.g., citizenship or a driver’s licence) as well as proof of residence (e.g., utility bill). After the accounts team has checked your records, you can finance your account using your favourite form and begin trading online. When filling out a broker application, you must read all of the broker’s terms, conditions, and policies thoroughly. Proceed only after you have thoroughly comprehended and agreed to them.

CONCLUSION:

Vantage FX is a multi-regulated ECN online broker that offers a variety of trading platforms and account styles to meet the needs of various traders. They offer a diverse range of trading options spanning many asset groups. There are some other trading instruments used for doing market research and collecting trading signals. Customer service is timely, courteous, and effective, and there is a wide range of funding options.

FREQUENTLY ASKED QUESTIONS:

1. IS VANTAGE FX REGULATED?

The Cayman Islands Monetary Authority does control Vantage FX (CIMA).

2. WHERE IS VANTAGE FX BASED?

Level 4, 42 N Church St, George Town, Cayman Islands is where Vantage FX is headquartered.

3. HOW DOES VANTAGE FX MAKE MONEY?

Vantage FX makes money from premiums, swaps, and fees on some financial goods and instruments, including the fact that the broker sells a range of trading accounts.

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