Vantage FX Broker Review 2020

Are you looking to know everything about VantageFX Broker? This is a complete review of the VantageFX Forex trading broker. Get unbiased customer reviews, ratings, and many more. Let's rock and roll below!

Vantage FX: Best Australian-Leading Forex Broker

The company is consistently securing the place as the most “Safest Place” for the investors because it provides you high transparent access to the market.VantageFX Broker is an award-winning company for providing the best Customer Service and exceptional execution speed.

Service information

Demo Account Yes
Minimum Deposit $200
Max Leverage 1:500
Spreads from 0.01
Type of Broker ECN
Tradable Assets Currencies, Gold, Silver, Stock Indices, Oil, Other Commodities and Cryptocurrencies
Deposit Options Bank Wire, VISA, MasterCard, BPAY, FasaPay, MobilePay, Neteller, Poli, Skrill, Transfer from Existing Broker, UnionPay and Cryptocurrency

Company information

Established 2009
Regulated by ASIC, CIMA, FCA
Telephone +44 2080 363 883
Customer Support 24/7 in 14 languages


A lot of people don’t know the previous name of “VantageFX Broker.”

It was founded back in 2009 as an MTX Global Company, but later on, they have changed the name to VantageFX Broker after getting licenses from (AFSL) Australian Financial Services License and (ASIC) Australian Securities and Investment Commission.

"They have access 180+ FX, Commodities, Indices & Share CFDs from MT4/MT5"

With great services overall, we aren’t hesitating to say that “they are the most “Reputable and Esteemed” service providers among their competitors. Additionally, they are enhancing their services and offerings to ensure that they remain two-steps ahead of their competitors all the time.

If you want to know why they are the best in the business? Read the complete review!

#VantageFX Broker Regulation

VantageFX Broker is our personal pick when it comes to suggesting you the best brokers and all because of good reasons.

They are regulated by (ASIC) Australian Securities and Investment Commissions and considered as the leading Broker in Australia. They also have got a license from (AFSL) Australian Financial Services License, and their license number is 428901.

You can invest here without any problem because they have been under the watching of the “Strictest” authorities in the world. Let’s now talk about the types of accounts they are dealing with:

#VantageFX Broker Account Types

There are two types of Account that VantageFX Broker is offering to you:

  • Standard STP Account
  • Raw ECN Account
  • Pro ECN Account
  • Islamic Account

Depending upon how you want to invest in the “Trading” and how you’d like to process things up, VantageFX Broker offers the account both for the beginners and Professionals.

Both the accounts come up with more than 40 currency pairs with 6 index and 7 commodities markets. With these two accounts, you’ve got the authority to access all the trading platforms like MT4 and MT5 and also have the CFDs as well.

Let’s break down the details of three types of accounts in an informational table:


Standard STP





$3 Per Lot

$2 Per Lot


Up to 500:1

Up to 500:1

Up to 500:1

Minimum Deposit




Rebate Per Lot








Spread Starting At

1.0 Pips

0.0 Pips

0.0 Pips

Free 30-Days Demo




 They do have an Islamic account as well; if you don’t want to deal with any interest rate, you can open up the Islamic account. There are two types of Islamic account and we noted all-important Islamic trading materials in the below table:


Islamic Standard STP

Islamic Raw ECN


$3 Per Lot
Leverage Up to 500:1 Up to 500:1
Minimum Deposit $200 $500
Rebate Per Lot $2 $2
Fees None None
Spread Starting At 1.4 0.0
Free 30-Days Demo Yes Yes

#VantageFX Broker Trading Platform

There are two trading platforms that VantageFX Broker deals with:

  • MetaTrader 4
  • MetaTrader 5
  • Mobile Trading App

They both have different qualities and let’s break down the advantages of both of them:

MetaTrader 4
  • It provides you the facility of Real-time market access and grade liquidity
  • It has automated trading options for the Professional Investors
  • Security is Great, and It will provide you peace of mind
  • Technical and Fundamental Analysis Tools
MetaTrader 5
  • Provides you a very powerful trading system with features like; Separate Trading, Account Orders, Executions and Market Depth
  • You’ll be able to predict the future’s price of the assets with the help of “Android, IOS, and Web Applications.”
  • It provides you Forex VPS (Virtual Private Hosting Service) to maximize the executions
Mobile Trading App
  • The new milestone unlocked, Vantage FX App is now offering mobile trading that will be easy, powerful access, and many more. 
  • This mobile trading App provides excellent service and products can enhance the client's trading experience simple and quick.
  • This exciting app has so many features that offer quick and easy account opening, funds management for fast deposits and withdrawals, and a feature-packed agile trading platform.

pros & cons - Trading Platform



You’ll get Reports of your account daily

The design still needs a lot of improvement

You can customize (Charts and Workspace) with the help of instruments

You won’t be receiving price alerts

Two-Steps Verification is available to make the security tighter


Important Things Of VantageFX

It’s time to talk in detail about the “Critical Things” related to VantageFX Broker because without this information; you won’t be able to know about the platform.

Let’s talk about it!

#VantageFX Broker Spread

There are two types of account that VantageFX Broker is dealing with:

  • Standard
  • Raw

They both have different spreads- you’ll get 1.4 pips of spread for EUR/USD in the standard account, whereas you’ll have a typical spread of 0.1 pips along with $3 per lot commission. If we compare the pricing of VantageFX with other brokers, then it lies under the category of “Average Industry Pricing.”

#Execution Time

There are basically two types of execution that VantageFX Broker works on:

  • Instant Execution
  • Market Execution

Instant Execution: Instant execution is a type of execution where the client has to decide the price and volume before placing the order. The order shall be executed right after you set the prices, and you can get the benefits of the “Market Situation.”

But, market execution is completely different from Instant Execution.

Market Execution: In the market execution, you just have to specify the volume only before placing the order and have to execute the trading at a price offered by the Broker. The main difference between Market and Instant Execution is that; the client doesn’t reject the order in-case of price changes in the Market Execution.

So, you can go both ways depending upon your needs and wants.

#Commission and Fee of VantageFX Broker

The Commission and Fee are totally dependent on which account you are going to open for your needs. When opening the account, you need to ask the “VantageFX” to highlight all the Commissions and Fees for the Standard and Raw Account.

Have a look at the table below:

You can’t consider the Fee and Commission of VantageFX Broker as “Excellent,” but it is fairly average pricing, and that might be because “A lot of brokers are dealing with this pricing” right now.

pros & cons - Fees and Commission



The Trading Fee is Low

Financing fee for the CFDs is relatively high

The Forex Fee is Low


Low-Non Trading Fee


#Leverage of VantageFX Broker

The answer is pretty simple because they are offering you the leverage of 1:500 for both the accounts. The minimum deposit is $200 with no deposit fee, and the opening of the account is pretty straight forward, which we will discuss down below.

#Customer Service VantageFX Broker

The customer support service is pretty awesome, and they offer you the customer support service 24/5 to ensure you get your problems solved within no problem. The majority of the time, you don’t need the help of customer support because they already made hundreds of videos that solve different problems.

Additionally, they also have a FAQ section on their website where you can just put your question and get the answer in microseconds.

As we are done with the critical information regarding the VantageFX, it’s time to discuss “How to open an account and How can you withdraw your profited money.” Scroll down to check everything out!

How to open an Account

To open the account on VantageFX, you simply need to follow the instruction given below. There’s no rocket science involved in it:

  1. To open the account, you need to head towards the official website of the VantageFX by Clicking Here
  2. Now click on the “Live Account,” and they will redirect you to the page containing the form for opening the account. Don’t worry, the form is super easy, and you can have a glance at the form down below:
  3. Now, fill the information that they have asked you to enter and then click on “Open Live Account,” you’ll then have to head towards your email and click on the confirmation email to make your account go live
  4. You’re not done here because they will ask you for your; Home Address, Credit Card Information, Identity Card, and Possibly a Selfie to make sure that you’re not a fake “Identity.”
  5. Now you’re done, and you can start trading without any problem!

Pros & Cons - Opening the Account



Opening the account is easy

The deposit fee for the RAW account is pretty high as compared to other Broker

The process is fully digital


The deposit fee is low


Let’s now head towards “How to withdraw the funds.”

How to withdraw profited money?

Just like other brokers, they have made it easy to “Deposit/Withdraw” the profited money, but before you withdraw the money, you need to login to your account.

  1. On opening the account, you need to head directly towards the “Funds Tab” and then click on withdraw button
  2. Enter the details there; they accept Credit Card, Bank Transfer, PayPal, Skrill, and China Union Pay
  3. Select the payment method that you want to use and enter all the details they will ask you for
  4. You’re done!

Note* They withdraw/deposit requests should be made on the working days; otherwise, you’ll have to wait for the business days to come and process your money.

Pros & cons - Withdraw money



A lot of payment gateways are available for withdraw/depositing of money


There’s no withdrawal fee and deposit fee


No complications are involved in the process


Let’s now compare it with IC Markets.

Comparison of IC Markets vs. vantage fx

We are breaking down the information in a table, and you then choose “Which Platform is suitable for you.”


IC Markets

Trust Score: 80

Trust Score: 79

Founded in: 2007

Founded in: 2009

Publicly Traded: No

Publicly Traded: No

Tier-1 Licenses: 1

Tier-1 Licenses: 2

Tier-2 Licenses: 1

Tier-2 Licenses: 0

Tier-3 Licenses: 1

Tier-3 Licenses: 1

Authorized by EU: No

Authorized by EU: No

So, that’s the basic comparison of “VantageFX and IC Markets,” and if you want to find everything in detail, then we have already covered the IC Markets Broker chapter, just head towards our blog and enlighten yourself.

Advantages and Disadvantages of VantageFX Broker

Yes, this phase is important too because you’ll get to know the Advantages and Disadvantages of “VantageFX Broker” over other brokers. Let’s talk about it!


  • It is regulated by the ASIC in Australia
  • They have some attractive set of promotions
  • It is completely appealing to the new customers
  • They have already launched Bitcoin as CFD
  • They offer your ChartIQ Platform


  • There’s no value for the experienced traders- they focus on the new ones more
  • Limited Trading Instruments
  • The leverage Caps is Restrictive which kicks in at $5000

So, these are the Advantages and Disadvantages of the “VantageFX Broker,” and you can choose the Broker on the basis of the above analysis.

It’s time to talk about the Bonuses, Promotions, and Contest of the VantageFX to help you know what extra’s they are offering to you.

Vantage fx's all Bonuses, Promotions, and Contests

They do have some bonuses programs and let’s break them down:

  • You’ll get a 50% welcome bonus on depositing up-to $500.
  • For each of the lots traded, you’ll get $2, and you can convert it in the “Real Cash.”
  • If you’re using the “VantageFX Broker” for ages and looking for the bonuses too, then you can enjoy a 10% bonus on depositing $10,000 in your account.
  • You'll get a few bonuses from opening an account through Vantage mobile trading app.

    VantageFX App

In short* The more you deposit, the more bonus you get.


In order to participate in the contests, you need to keep yourself updated with the “News” section of the website and subscribe to the “Newsletter.” Currently, there’s no contest going on, and we will update you once they come up with any update.

VantageFX Broker is continuously working on improving the user experience, and all the new customers must try this place to get started with the “Forex World.” They still need to provide more benefits to the “Professionals” as they are focusing only on the newbie. But still, we would recommend you this place because it’s worth it.

frequently ask questions

Dr Trader is NOT able to help you with the registration (proof of identity and address), the deposit by Credit Card or Bank Transfer or PayPal and the signing of the participation contract. You need to contact the chat (blue bubble at the bottom right of the screen) of the customer support available 24 hours a day from Monday to Saturday.

YES, you can add capital at any time. The robot will automatically take into account your new capital when opening new trades.

Vantage Fx does not charge any fees when depositing money. However, it is possible that your bank will take them. We recommend that you deposit if possible by Credit Card to minimize this risk and from an online bank. Also, should this be the case, Vantage Fx will reimburse bank charges up to 1% of the deposit amount. To obtain this refund, you must apply for it at

Regarding withdrawals, it is no longer possible to make credit card withdrawals on Vantage Fx. The 1st withdrawal by bank transfer of the month is 10€. You will need to charge 20€ for the following ones.

To make a withdrawal from VantageFX is pretty simple.

  • Log into Vantage FX client portal
  • Select the withdraw tab from the menu
  • Select the withdrawal method
  • Enter the amount

Someone who would tell you otherwise would be a liar!

Risk 0 does not exist in Forex and CFDtrading.

The robot is there to control the risk, not to make it disappear. That is why, even if his role is to make you end the day in a positive way, there will be days when we will do 0 and even others when we will be negative. It is necessary to know sometimes to take a loss in order not to let it increase.

In any case, it is almost impossible for your capital to disappear overnight. If this goes wrong you will see a gradual and successive decline in your capital over several days, weeks or even months.

However, it should be kept in mind that the Forex market is a high-risk investment and that you should never gamble all your savings or the money you need to live on.

As past results are not predictable of future performance, we cannot guarantee you constant and positive profitability.

Yes, Vantage FX offers ECN Accounts in retail and professional types with the following features.

  • Minimum deposit: $500 for retail traders, $20,000 for professional traders
  • Minimum trade size: 0.01 for both
  • Leverage: up to 500:1
  • Platform: MT4, MT5, Webtrader, Mobile App.

Since the company’s inception in 2009, Vantage FX has offered retail Forex trading clients an unparalleled Forex trading experience. We pride ourselves on our ability to provide absolutely the most transparent Forex trading environment, allowing you to exploit your Forex trading edge.

After asking ourselves what it is that traders want when choosing a Forex broker, we have built Vantage FX from elements which clearly define the ideal Forex broker for your seamless and profitable Forex trading:

Vantage FX Group of companies is authorized and regulated in various jurisdictions.

  • Vantage International Group Limited: is authorised and regulated by the Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL) number 1383491
  • Vantage Global Prime Pty Ltd: is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 428901
  • Vantage Global Prime LLP: is authorised and regulated by the Financial Conduct Authority, FRN: 590299