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Vantage FX AU logo

Vantage FX AU Review

By:
Jitan Solanki
Updated: Jun 16, 2021

“Vantage FX is a brand name of Vantage Global Prime Pty Ltd, an entity authorised and regulated by the Australian Securities & Investments Commission (ASIC). The broker offers the ability to trade on more than 300+ financial CFD instruments across Forex, Stocks, Indices, Commodities and Cryptocurrencies through the powerful CHARTS by TradingView Web platform and the MetaTrader 4 and MetaTrader 5 platforms.”

Vantage FX was founded in 2009 and is a Forex and CFD broker authorised and regulated by the Australian Securities & Investments Commission (ASIC). The broker also has three other entities each authorised and regulated in their own jurisdictions including by CIMA, VFSC and the FCA.

The broker provides the ability to trade on more than 300+ financial CFD instruments covering Forex, Stocks, Indices, Commodities and Cryptocurrencies through the powerful CHARTS by TradingView Web platform and the MetaTrader 4 and MetaTrader 5 platforms. It should be noted that Vantage FX is also one of the only brokers to currently offer CHARTS by TradingView.

Users can choose from two main account types with very competitive spreads on both – Standard and Raw as well as a demo account for both. Standard accounts offer commission-free trading with slightly larger spreads whereas Raw accounts are commission-based but have spreads from 0.0 pips. Share trading is commission-based across both account types.

There is a variety of funding methods available including debit/credit card, bank wire, BPAY, Poli Payments, JCB and more. The majority of the deposit and withdrawal methods are fee-free, however, certain payment methods do incur charges.

The broker offers a wide variety of trading features and research materials that includes Technical Analysis Market Widgets, MT4/MT5 Smart Trader tools, News and Trading Ideas as well as Market Buzz, Analyst Views, Featured Ideas and an Economic Calendar provided by Trading Central.

The educational material also contains a Learn Forex guide, MT4 and MT5 Videos and Manuals, and tutorials on using the Smart Trader Tools and Premium Trader Tools. The broker also offers multilingual 24/5 customer support through Live Chat, Email and Phone.

Pros: Cons:
  • ASIC regulated.
  • 300+ financial CFD instruments.
  • Commission-free trading available.
  • One of the only brokers to offer CHARTS by TradingView.
  • Multilingual customer support.
  • The ASIC entity does not accept clients outside of Australia.

 

Vantage FX AU Main Features

☑️ RegulationsASIC (Australia)
🗺 Supported Languages
Chinese, English, French, Spanish
💰 ProductsCrypto, Currencies, Indices, Commodities, Stocks
💵 Min Deposit$200
💹 Max Leverage
1:500 (ASIC)
🖥 Trading Desk Type
📊 Trading PlatformsMT4, MT5
💳 Deposit Options
Bpay, Broker to Broker, Credit Card, Debit Card, Wire Transfer
💳 Withdrawal Options
Bpay, Broker to Broker, Credit Card, Debit Card, Wire Transfer
🤴 Demo AccountYes
🗓 Foundation Year2009
🌎 Headquarters CountryAustralia
Risk DisclosureCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Vantage FX AU Full Review


Review sections


Vantage FX AU Video Review

Investor Protection & Regulations

“Vantage FX is the brand name of Vantage Global Prime Pty Ltd and is authorised and regulated by the Australian Securities & Investments Commission (ASIC).”

Vantage FX is the brand name of Vantage Global Prime Pty Ltd and is authorised and regulated by the Australian Securities & Investments Commission (ASIC), as shown on the regulator’s register below:

The broker does have other entities each authorised and regulated in their own jurisdictions:

  • Vantage International Group Limited – authorised and regulated by the Cayman Islands Monetary Authority (CIMA).
  • Vantage Global Limited – authorised and regulated offshore by the Vanuatu Financial Services Commission (VFSC).
  • Vantage Global Prime LLP – authorised and regulated by the Financial Conduct Authority (FCA).

The broker provides further security of client funds by following the below regulatory requirements:

  • Holding funds in a segregated account from company funds.
  • Offering a negative balance protection policy.

Tradable Products

“Vantage FX offers the ability to trade on more than 300+ financial CFD instruments covering Forex, Stocks, Indices, Commodities and Cryptocurrencies.”

Vantage FX offers the ability to trade on more than 300+ financial CFD instruments covering Forex, Stocks, Indices, Commodities and Cryptocurrencies. Below is a list of just some of the available markets for trading:

Forex Stocks Commodities
EURGBP Apple Copper
GBPAUD Facebook Crude Oil
USDJPY Visa Gold
AUDUSD Netflix Brent Crude
EURUSD Indices Cryptocurrencies
EURJPY API 200 Bitcoin
NZDUSD SP 500 Litecoin
GBPJPY DJ 30 Ethereum
GBPUSD DAX 30 Bitcoin Cash

* Details regarding the available assets are taken from the Vantage FX website and trading platform and are correct at the time of this review. You can find a more detailed list here.

Trading costs such as spreads and overnight funding (swap) rates vary depending on the account type opened and instrument being traded and are covered further down this review.

Account Opening

“Vantage FX offers two main account types – Standard and Raw as well as a demo account.”

Vantage FX offers two main account types – Standard and Raw as well as a demo account. The main features of each account are summarised in the below table:

Standard Raw
Min. deposit $200 $500

Average Spreads

from

1.4 Pips 0.0 Pips
Commissions $0 $1 per lot per side
Leverage* Up to 1:30 Up to 1:30
Execution Type Instant Execution Instant Execution
Minimum Trade Size 0.01 lot 0.01 lot
Account Base Currencies

$ AUD / $ USD

£ GBP / € EUR

$ SGD / $ CAD

$ NZD / ¥ JPY

$ HKD

$ AUD / $ USD

£ GBP / € EUR

$ SGD / $ CAD

$ NZD / ¥ JPY

$ HKD

*Professional clients can access leverage up to 1:500. Leverage amounts may also differ with the CIMA and VSFC entity.

Users can open a new account in just a few steps, as described below:

  1. Sign Up: Name, email, country of residence, contact number and account type.
  2. Personal Details: Date of birth, nationality, address.
  3. Employment: Questions relating to employment status, industry, annual income and savings.
  4. Account Configuration: Choose a trading platform and account type.
  5. Verify Identity: Submit proof of identity (ID or passport) and residence address (utility bill or bank statement – not more than 3 months old).
  6. Suitability Questionnaire: Questions to test trading and product knowledge.

The client portal is shown below:

Vantage Global Prime Pty Ltd does not offer services to residents outside Australia.

Deposit & Withdrawals Options

“Vantage FX offers clients the ability to deposit and withdraw funds using a variety of methods including debit/credit card, bank wire, BPAY, Poli Payments, JCB and more.”

Vantage FX offers clients the ability to deposit and withdraw funds using a variety of methods including debit/credit card, bank wire, BPAY, Poli Payments, JCB and more. The main funding methods available are shown in the below table.

Method Processing Time Fees Available Currencies
Domestic EFT 1-2 business days $0 AUD
Domestic Fast Transfer (Australia Only) Up to a few hours, during AEST Business hours $0 AUD
International EFT 2-5 business days $0, Subject to bank transfer fees AUD, USD, GBP, EUR,SGD, JPY, NZD, CAD
BPAY (Australia Only) 1-2 business days $0 AUD
POLi Payments (Australia Only) Within 24 business hours $0 AUD
Credit/Debit Card (Visa and MasterCard) Instant $0 AUD, USD, GBP, EUR,SGD, JPY, NZD, CAD
JCB Instant $0 JPY
China Union Pay Instant 1.30% – 2.50% USD
Broker-to-Broker Transfer 2-5 business days Subject to bank transfer fees AUD, USD, GBP, EUR,SGD, JPY, NZD, CAD

The broker’s website states withdrawals are processed Monday to Friday 9 am -7 pm (AEST). Requests received after 7 pm will be processed on the next business day. Although Vantage FX does not charge for the majority of withdrawals there are charges for certain methods such as International Telegraphic Transfers which attract a minimum bank processing fee of 20 units of the account base currency. All fees are detailed clearly on the broker’s website.

Clients can deposit and withdraw funds through the client portal.

Web & Desktop Trading Platforms

“Vantage FX is one of the only brokers to offer CHARTS by TradingView, a powerful in-browser trading platform offering extensive analysis and drawing tools. The broker also provides access to the popular MetaTrader 4 and MetaTrader 5 platforms for Web, PC and MAC. ”

Vantage FX is one of the only brokers to offer CHARTS by TradingView, a powerful in-browser trading platform offering extensive analysis and drawing tools. The broker also provides access to the popular MetaTrader 4 and MetaTrader 5 platforms for Web, PC and MAC.

The platform features are highlighted below:

Vantage FX WebTrader

  • No download needed
  • 100+ technical indicators
  • 50+ intelligent drawing tools
  • Multi-timeframe analysis

Vantage FX MetaTrader 4

  • Fully customisable
  • Advanced charting capability
  • Automated Trading (desktop only)
  • Interactive Charts

Vantage FX MetaTrader 5

  • 21 timeframes
  • Market depth
  • 80+ trading indicators
  • 3,200+ professional trading signals.

A screenshot of the CHARTS by TradingView platform is shown below and is covered in more detail in the video review.

Mobile Trading Platforms

“Vantage FX offers the ability to trade on the go via the Vantage FX app as well as the MetaTrader 4 and MetaTrader 5 apps for Android and iOS devices.”

Vantage FX offers the ability to trade on the go via the Vantage FX app as well as the MetaTrader 4 and MetaTrader 5 apps for Android and iOS devices. All app download links can be found in the Google PlayStore or Apple AppStore.

The Vantage FX mobile trading app provides a range of different features including:

  • Trade and manage your account on the go
  • 9 time-frames
  • Custom watchlists
  • Global market news on the go

The Vantage FX mobile trading app is covered in more detail in the video review.

Trading Features

“Vantage FX offers various Technical Analysis Market Widgets, MT4/MT5 Smart Trader tools and Sentiment Indicators.”

Vantage FX offers various Technical Analysis Market Widgets, MT4/MT5 Smart Trader tools and Sentiment Indicators. The Technical Analysis Market Widgets provide Buy, Sell and Neutral signals for various markets including Forex, Indices, Commodities and Share CFDs. This service is provided by Trading View and can be accessed from the client portal.

The MT4/MT5 Smart Trader tools are designed to be used with the MetaTrader desktop platforms and include a Market Manager, Mini Terminal, Sentiment Trader and Trade Terminal. This package of tools can also be downloaded from the client portal.

The broker’s website also features a simple sentiment tool that displays overall long and short positions of the Vantage FX book for Forex, Indices and Commodity markets.

Commissions & Spreads

“Trading costs with Vantage FX vary depending on the market being traded and the account type opened but are very competitive. Standard accounts are commission-free with slightly larger spreads whereas Raw accounts are commission-based but with lower spreads. Commissions are charged on share trading across both account types.”

Trading costs with Vantage FX vary depending on the market being traded and the account type opened. Standard accounts are commission-free with slightly larger spreads whereas Raw accounts are commission-based but with lower spreads. Commissions on share trading also vary by geographical location and are charged across both account types.

The below table shows the average spreads for each account:

Market Standard Raw
EURUSD from 1.4 from 0.0
GBPUSD from 1.6 from 0.5
AUDUSD from 1.4 from 0.3
USDJPY from 1.5 from 0.4
Commissions $0 $1 per lot per side

The below table shows the commission charges for share trading:

Market Fees
US Share CFDs 6 USD per trade per side
UK and EU Share CFDs 10 EUR per trade per side
AU Share CFDs 8 AUD per trade per side

Overnight funding or ‘swap’ fees are also charged on positions that remain open overnight (22:00) GMT. If positions are being held over the weekend a three-day ‘swap’ charge will be charged on Wednesdays.

The broker does not charge any inactivity account fees.

Bonus & Promotions

“In accordance with regulatory restrictions, Vantage FX (Australia) does not offer any bonuses or promotions.”

Customer Support

“Vantage FX offers multilingual 24/5 customer support via Live Chat, Email and Phone. Users can also download TeamViewer for 1-on-1 remote support.”

Vantage FX offers multilingual (English, Spanish, Chinese, French) 24/5 customer support via Live Chat, Email and Phone. Users can also download TeamViewer for 1-on-1 remote support.

After testing the Live Chat function, we were greeted by an agent after 10 seconds who answered our question promptly, as shown below:

Research

“Vantage FX provides market research through News and Trading Ideas as well as through a variety of Premium Trader tools provided by Trading Central which include Market Buzz, Analyst Views, Featured Ideas and an Economic Calendar.”

Vantage FX provides market research through News and Trading Ideas as well as through a variety of Premium Trader tools provided by Trading Central which include Market Buzz, Analyst Views, Featured Ideas and an Economic Calendar. The main research available is explained below:

  • News and Trade Ideas: Provides the latest important news stories across global markets as well as a comprehensive analysis of the current week and the week ahead.
  • Market Buzz: An AI news desk providing the latest news coverage, media content, and price events across more than 35,000 tradable assets.
  • Analyst Views: Top-down research provided by senior analysts and automated algorithms.
  • Featured Ideas: Access technical and fundamental trade ideas with backtested strategies, custom filters, real-time trade setups and more.
  • Economic Calendar: Keep up to date with current and future economic events and data releases.

Trader Education

“Vantage FX provides access to a range of educational articles including a Learn Forex guide, MT4 and MT5 Videos and Manuals, and tutorials on using the Smart Trader tools and Premium Trader tools.”

Vantage FX provides access to a range of educational material including a Learn Forex guide, MT4 and MT5 Videos and Manuals, and tutorials on using the Smart Trader tools and Premium Trader tools.

The Learn Forex section is suitable for beginner traders and covers the basics of currency trading. The topics are divided into three main sections – a Forex Overview, Forex Market Analysis and Forex Trading Psychology.

The broker also provides numerous tutorials on MT4 and MT5 as well as on the Smart Trader tools and Premium Trader tools. However, the tutorials on the Premium Trader tools are for live account holders only.

Trading Experience

“Vantage FX offers a simple, yet competitive offering to trade on more than 300+ financial CFD instruments covering Forex, Stocks, Indices, Commodities and Cryptocurrencies. The broker is also one of the only brokers to offer CHARTS by TradingView, a powerful web-based trading platform.”

From our observations, Vantage FX offers a competitive trading offering to trade on 300+ financial instruments covering Forex, Stocks, Indices, Commodities and Cryptocurrencies. Users can access all markets through CHARTS by TradingView, one of the most powerful web-based trading platforms currently available or through the popular MetaTrader 4 and MetaTrader 5 platforms for Web, PC and MAC.

There are two account types to choose from – Standard and Raw. Standard accounts are commission-free with slightly larger spreads and Raw accounts are commission-based with spreads from 0.0 pips. However, share trading is commission-based across both account type and charges vary depending on the geographical location.

There are also great trading features and research materials available including Trading View’s Technical Analysis as well as Trading Central’s Market Buzz, Analyst Views, Featured Ideas, an Economic Calendar and Premium Trader Tools.

FAQ

Is Vantage FX regulated?

Vantage FX is the brand name of Vantage Global Prime Pty Ltd and is authorised and regulated by the Australian Securities & Investments Commission (ASIC).

Where is Vantage FX based?

Level 29, 31 Market St, Sydney NSW, 2000 Australia.

How does Vantage FX make money?

Vantage FX makes money through spreads, commissions and swaps on certain tradable asset classes and trading accounts.

How do I deposit in an Vantage FX account?

Funds can be deposited into a trading account via debit/credit card, bank wire, BPAY, Poli Payments, JCB and more.

What is the min. deposit for Vantage FX?

The minimum deposit is $200.

How do I withdraw money from Vantage FX?

Withdrawals can be made from Vantage FX via debit/credit card, bank wire, BPAY, Poli Payments, JCB and more.

What is the max leverage in Vantage FX?

The maximum leverage offered by Vantage FX is 1:30 for retail clients.

How do I open an account with Vantage FX?

An account can be opened at the click of a button on the Vantage FX website and can be done in just a few steps.

Does Vantage FX use MetaTrader?

Yes, MetaTrader 4 and MetaTrader 5.

Conclusion

“Vantage FX is a brand name of Vantage Global Prime Pty Ltd, an entity authorised and regulated by the Australian Securities & Investments Commission (ASIC). The broker offers the ability to trade on more than 300+ financial CFD instruments across Forex, Stocks, Indices, Commodities and Cryptocurrencies through the powerful CHARTS by TradingView Web platform and the MetaTrader 4 and MetaTrader 5 platforms.”

Vantage FX was founded in 2009 and is a Forex and CFD broker authorised and regulated by the Australian Securities & Investments Commission (ASIC). The broker also has three other entities each authorised and regulated in their own jurisdictions including by CIMA, VFSC and the FCA.

The broker provides the ability to trade on more than 300+ financial CFD instruments covering Forex, Stocks, Indices, Commodities and Cryptocurrencies through the powerful CHARTS by TradingView Web platform and the MetaTrader 4 and MetaTrader 5 platforms. It should be noted that Vantage FX is also one of the only brokers to currently offer CHARTS by TradingView.

Users can choose from two main account types – Standard and Raw as well as a demo account. Standard accounts offer commission-free trading with slightly larger spreads whereas Raw accounts are commission-based but have spreads from 0.0 pips. Share trading is commission-based across both account types.

There is a variety of funding methods available including debit/credit card, bank wire, BPAY, Poli Payments, JCB and more. The majority of the deposit and withdrawal methods are fee-free, however, certain payment methods do incur charges.

The broker offers a wide variety of trading features and research material that includes Technical Analysis Market Widgets, MT4/MT5 Smart Trader tools, News and Trading Ideas as well as Market Buzz, Analyst Views, Featured Ideas and an Economic Calendar provided by Trading Central. The educational material also contains a Learn Forex guide, MT4 and MT5 Videos and Manuals, and tutorials on using the Smart Trader Tools and Premium Trader Tools.

The broker also offers multilingual 24/5 customer support through Live Chat, Email and Phone.

  • ASIC regulated.
  • 300+ financial CFD instruments.
  • Commission-free trading available.
  • One of the only brokers to offer CHARTS by TradingView.
  • Multilingual customer support.

See Vantage FX AU Full Information

Headquarters Country
Australia
Foundation Year
2009
Regulations
ASIC (Australia)
Publicly Traded
No
Number Of Employees
200+
Trading Desk Type
Trading Platforms
MT4, MT5
Restricted Countries
Afghanistan, Albania, Belarus, Bermuda, Bosnia and Herzegovina, Burundi, Canada, Central African Republic, China, Congo, Cuba, Cyprus, Eritrea, Guam, Guinea, Guinea-Bissau, Iran, Iraq, Japan, Lebanon, Libya, Mali, Montenegro, Myanmar, North Korea, Puerto Rico, Sierra Leone, Singapore, Somalia, South Sudan, Spain, Sudan, Syria, United States, Venezuela, Yemen, Zimbabwe
Supported Languages
Chinese, English, French, Spanish
Min Deposit
$200
Max Leverage
1:500 (ASIC)
Deposit Options
Bpay, Broker to Broker, Credit Card, Debit Card, Wire Transfer
Withdrawal Options
Bpay, Broker to Broker, Credit Card, Debit Card, Wire Transfer
Crypto
Bitcoin, Bitcoin Cash, Ethereum, Litecoin
Products
Crypto, Currencies, Indices, Commodities, Stocks
Demo Account
Yes
OCO Orders
Yes
Offers Hedging
Yes
Automated Trading
No
API Trading
No
Guaranteed Stop Loss
Yes
Guaranteed Limit Orders
Yes
Guaranteed Fills / Liquidity
Yes
Economic calendar
Yes
Trading From Chart
Yes
One-Click Trading
Yes
Expert Advisor
No
Social Trading
No
Autochartist
No
Trading Signals
Yes
Platform Languages
Chinese, English
24 Hours Support
Yes
Support During Weekends
No
Live Chat
Yes
Daily Market Commentary
Yes
News (Top-Tier Sources)
Yes
Webinars
No
Deposit Fee
No
Withdrawal Fee
No
Inactivity Fee
No

About the Author

Jitan SolankiWookiee of Wit

Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.

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