Vantage FX Review – Is Vantage FX Scam?
Vantage FX offers standard and pro accounts for investors who want to participate in forex trading. It is a legitimate ECN broker with very low fees and is regulated by ASIC. You can deposit with a credit card, Neteller, Skrill, and bank transfers. However, you must note that Skrill and Neteller are available only in the UK and may take up to five business days to process.
vantage fx standard account vs vantage fx pro account
Vantage FX offers both a standard account and a pro account for investors. Both offer their clients various services and are suited to different traders. The Pro account is designed for professional traders and money managers who trade large volumes. It has access to MetaTrader 4, MetaTrader 5, WebTrader, and mobile apps. In addition, traders can trade in various base currencies, including 40 currency pairs, 13 indices, and 20 commodities.
VantageFX offers trading services to traders from many countries. It is a reliable company that provides a range of trading instruments, deposits and withdrawals, and customer support. It offers a variety of payment methods, such as Credit/Debit cards, Neteller, Skrill, and AstroPay. Its customer support is available via live chat and phone.
Vantage fx is a genuine ECN broker.
There are several advantages to trading with a genuine ECN broker. Not only are they compliant with regulatory bodies, but they also provide a secure and safe trading environment. Plus, they have a global presence, connecting traders from different parts of the world. They also offer negative balance protection, meaning you can never lose more money than you deposit with the broker. Another benefit is their segregated account service, which ensures your funds are safe if the broker goes bankrupt.
Vantage FX’s trading platform provides access to more than 100 financial instruments, including 70 currency pairs and six cryptocurrencies. It can also support most types of trading, including scalping, hedging, and Expert Advisors. The company also offers Metatrader4 and MarketTrader, two popular platforms for trading. Traders can also use the ZuluTrade social trading network to copy the trades of other traders. In addition, Vantage FX’s Raw account comes with lower spreads and faster execution speed. You can even enjoy free VPS hosting with a Vantage FX raw account.
Vantage fx offers very low fees.
Vantage FX is a broker focusing on transparent trading in the financial markets. The company’s strengths lie in its liquidity delivery and order execution. In addition, it is a true ECN broker with a large network of banks and liquidity providers. As a result, its fees are low and cater to traders of all experience levels.
Traders who are not yet confident in their trading skills may consider using a demo account. Demo accounts are ideal for testing new trading strategies or markets without risking real money. Vantage FX offers unlimited demo accounts that can be used for free. The company’s demo accounts are also useful when testing new strategies, markets, and trading conditions.
Vantage FX offers three different account types, starting at $ 200 for a Standard STP account. The company also offers accounts with higher leverages and low commissions. The STP account requires a minimum deposit of US Dollars 200. If you’re interested in opening a RAW ECN account, you can deposit as much as $ 500. Traders can also open a PRO ECN account with a minimum deposit of US Dollar 20,000.
ASIC regulates vantage fx
Vantage FX is a registered foreign exchange broker and falls under the ASIC’s regulatory framework. The firm provides professional indemnity insurance and segregated trust accounts for its clients. It also complies with ASIC safety protocols. In addition, it has additional indemnity insurance that protects its clients in the event of insolvency.
Vantage FX has evolved into a global financial services provider and has expanded its services beyond retail FX trading. This includes CFDs on stocks and indices, precious metals, soft commodities, etc. Although it started as an Australian brokerage, the firm has expanded to serve users worldwide and accepts traders worldwide.
The company offers a wide selection of CFDs, including over 70 currency pairs, ten stock indexes, six cryptocurrencies, and soft commodities. Its trading spreads are competitive with the industry average but higher than many other brokers. Vantage FX also offers a guaranteed no-spread markup account, which means there are no commissions to pay. In contrast, its Standard account does not charge a commission but applies a spread markup to every trade. As a result, the spreads on the Raw ECN and Standard accounts are low, starting at 0.0 pips, with the latter offering a larger spread of up to 1.0 points.
KPMG audits vantage fx
Vantage FX is one of Australia’s leading Forex outfits and adheres to international financial regulatory benchmarks. Its clients’ funds are held in segregated accounts at NAB National Australian Bank, a Tier 1 capital institution. KPMG regularly audits its operations and finances. Moreover, Vantage FX was named “Financial Trading Services Provider of the Year” by the renowned Finance Monthly magazine.
Vantage FX offers various payment options, including credit cards, debit cards, bank wire transfers, and e-wallets. In addition, its customer service staff is available around the clock. The company also offers multiple currency pairs, including USD/CAD and USD/SGD.
Comments are closed, but trackbacks and pingbacks are open.