Vantage FX Trading Account – Review, Types, Process, Benefits, Charges & more
Last Updated Date: Nov 16, 2022Check out Vantage FX Trading Account here.
Vantage FX is a broker in Australia that claims to offer fast and easy access to international forex markets through top–tier liquidity providers.
The company was established in 2009. It was initially known as MTX Global, and in 2015 the company rebranded it to Vantage FX Pty Ltd. traders can access a wide range of markets through the broker’s MetaTrader 4 & MetaTrader 5 platforms and WebTrading.
The traders choose the broker without any second thoughts as it offers instant trade execution besides competitive pricing.
Additionally, spreads for the Vantage FX Online Trading start at 0.0 pips. The combination of these elements provides a world-class trading experience to traders.
The traders can get a hand on their Vantage FX trading account using various mobile trading apps for both ios and android phones.
Vantage FX Trading Account and Benefits
Vantage FX trading account is one of the best market offerings, which allows users to trade on the stock market in no time.
Trading accounts are likely to be a gateway of trading for the forex market. They are similar to stock market gateways.
The best of all is that traders can get a demo account also if they are new to stock trading. The trading account considers the needs of all the brokers no matter if they are beginners or otherwise.
The broker offers traders access to platforms that allows them to indulge in buying and selling foreign currencies.
For speculation purposes, traders can access the market 24*7. The broker also offers services to institutional traders and huge companies, including investment banks.
Currently, Vantage FX is also a Vantage Global Prime Pty Ltd member, which features an Australian Financial Services License (AFSL) besides the Australian Securities and Investment Commission.
Even though the platform is designed only for the Australian target audience, brokers across the globe access it.
The broker has earned a plethora of awards for its splendid trading services.
Fill up the Form – Open Forex Trading Account Now!
Find Trading Account Services of other Forex Brokers
Vantage FX Trading Account Charges
| Trading Account Charges | |||
| Account Type | Standard STP | RAW ECN | PRO ECN |
| Initial Deposit | $200 | $500 | $20,000 |
| Spread | 1.4 pips | 0.0 pips | 0.0 pips |
| Commission | $0 | $3 | $2 |
| Leverage | 500:1 | Its 500:1 | 500:1 |
There are several trading charges which traders need to pay in line with the orders they place.
The costs vary from account to account, so traders need to explore all the arrangements before choosing one.
Traders need to pay a minimum deposit for all the bills that Vantage FX offers.
They can select the account as per their budget. There is no maximum deposit applicable on the Vantage FX trading account, so traders don’t stress.
Additionally, traders need to pay some commission charges per lot, and they vary from version to account.
The traders also have to pay some spread charges, which are likely to depend on the account type.
For the majority of the accounts, the spread charges are generally not applicable, but traders can check them accordingly.
Furthermore, traders need to check the pricing and trading instruments they can trade with.
There are also some terms and conditions which traders need to check while they open an account with a broker.
Types of Vantage FX Trading Account
| Types of Trading Account | |
| Trading Desk Type | ECN, STP |
| Min Deposit | $200 |
| Maximum Leverage | Up to 1:500 |
| Mini Account | No |
| Premium Account | Yes |
| DEMO ACCOUNT | Yes |
| Islamic Account | Yes |
| Segregated Account | Yes |
| Managed Account | No |
| Institutional Account | No |
| Suitable for beginners | Yes |
| Suitable for professionals | No |
| Suitable for scalping | Yes |
| Suitable for daily trading | No |
| Suitable for Weekly trading | No |
| Suitable for swing trading | Yes |
The Vantage FX offers at least three types of trading account, including Standard STP, Raw ECN, and PRO ECN.
The majority of the traders choose the Standard STP account as it has a minimum deposit of $200. Additionally, the account is suitable for beginners who don’t have a huge budget.
It means the performance is ideal for traders who wish to jump into the live trading environment.
The account tends to give direct access to institutional level spreads besides dark liquidity pools for increased liquidity.
The account also offers a fantastic market depth besides consistent pricing levels. The best part is that there is no commission applicable and traders need to pay spreads of just 1.4 pips.
Know more about Vantage Fx Trading Account
The RAW ECN trading account is suitable for experienced traders. The minimum deposit here is $500.
The traders don’t need to pay spreads here, while they have to pay a commission of $3 per lot.
On the flip side, the PRO ECN account is suitable for professional traders or even money managers who can afford trading at high volumes.
The minimum deposit applicable here is $20000. The Vantage FX trading account is indeed class apart as it gives traders a unique execution speed besides extra tight spreads. The commission applicable per lot is only $2.
There is no minimum spreads here.
Besides demo accounts, traders can also open professional and joint accounts. Traders can choose the account type as per their needs and budget.
Vantage FX Account Opening and Trading Process
The Vantage FX trading account opening process is not only simple but also feasible.
It is pretty similar to the stock trading process where traders need to open an account and use some trading platforms to trade by just downloading them.
Traders need to follow some basic pointers and open the account.
Open Vantage FX trading account
- Firstly traders need to open a demo account to start Vantage FX online trading.
- Once they head to a demo account, traders will see a popup form, which they need to submit as per their convenience.
- Besides, traders need to also align with the EKYC process where they need to submit some documents.
- Lastly, once the company verifies the account, they will open an account and give them the login details.
Vantage FX login process
- Traders can go for web trading or use the online-based web trading platform by just logging in.
- On the flip side, the traders are also free to use the mobile app if they wish to trade on the go. They can download the app from the respective app or play store by using the login details.
Download and setup process
- In case if traders wish to use the trading terminal, they can always consider MT4 and MT5.
- The traders can download the terminal as per their needs or the app from the app store.
- The login process is the same for the app and terminals; traders just need to put in their login details.
- Traders can learn the trading basics by opening the demo account and know how they can place orders.
- While placing orders, traders can buy or sell currencies.
Find Different Trading Account Types of Forex Brokers
Vantage FX Trading Account – Features
| Trading Features | |
| Educational Services | Yes |
| Social Trading / Copy Trading | Yes |
| Trading Signals | Yes |
| Email Alerts | No |
| Guaranteed Stop Loss | No |
| Guaranteed Limit Orders | No |
| Guaranteed Fills / Liquidity | No |
| OCO Orders | No |
| Trailing SP/TP | No |
| Automated Trading | Yes |
| API Trading | No |
| VPS Services | Yes |
| Trading From Chart | Yes |
| Interest On Margin | No |
| Offers Hedging | Yes |
| Offers Promotions | Yes |
| One-Click Trading | Yes |
| Expert Advisors | Yes |
| Other Trading Features | No |
When it comes to features, traders must know that Vantage FX offers a plethora of features that make trading easy for them.
Besides hedging, traders can also connect with expert advisor facilities, which help traders to gain some confidence.
The broker also provides educational materials to traders so they can learn about the trade.
There are some trading signals also available which allow traders to make a perfect trading decision.
Above all, the automated trading feature makes trading quite simple for traders.
Check out Online Trading Services of FOREX Brokers
Vantage FX Trading Account – Conclusion
After learning the essential brief about the broker, the traders can make an informed trading decision.
Traders can use the data strategies to move ahead with their trading journey. To make the right trading decision, the traders need to select the perfect forex broker.
When traders are confused, they can explore all the trading accounts available here.
They can choose the trading account based on their goals and budget. They can select a version that aligns with their needs.
Trading is relatively easy here as traders offer a plethora of perks and features.
Vantage FX Online Trading – FAQs
Here is the list of FAQs related to the Vantage FX Online Trading:
Does Vantage FX provide Online Trading?
Yes, the traders can avail of online trading here through demo or trading account.
The traders can choose from the several trading accounts available here.
The broker has something for everyone, irrespective of the fact one is a beginner or professional.
What are the Commission Charges in Vantage FX?
The commission isn’t an obligation for traders as it mainly depends on the account type that traders choose.
If traders choose a standard account, they don’t need to pay any commission, while for RAW ECN and PRO ECN, traders need to pay $2 or $3 per commission.
Does Vantage FX provide Demo account Trading?
Yes, Vantage FX provides demo account trading to traders.
The demo account allows traders to gain some trading experience.
Once traders get trading confidence, they can start trading on the live performance.
Is trading Free at Vantage FX?
Yes, trading is accessible for traders if they choose a demo account.
But if traders choose the live trading account, the traders need to maintain some minimum account balance.
Besides that, traders also need to pay spreads and commissions to trade here.
When choosing a trading account, traders need to consider all the factors and charges so they can switch seamlessly.
Does Vantage FX provide Spot Metals Trading?
Yes, Vantage FX broker allows trade to spot metals; besides that, traders need to trade in several currency pairs.
It is constant for almost all account types as the price attached with the spot metal is likely to vary, so traders need to check before deciding anything.
What are Spot Metals Trading Charges at Vantage FX?
The spot metals trading charges are likely to be different for all accounts.
Traders can check the price depending on the spot metals they choose.
What is Spread at Vantage FX?
The spreads are different for all accounts. For some accounts like Raw ECN and PRO ECN, there aren’t any spreads applicable.
But if traders choose standard account traders to choose, they need to pay spreads of around 1.4 pips.
Besides spreads, traders also need other charges, including commission and minimum account balance.
The costs tend to vary for all accounts, so traders need to consider them before choosing an account.
Is Vantage FX safe for trading?
Yes, Vantage FX is relatively safe for trading as millions of traders across the globe choose the broker.
The customer base is quite ideal, which makes trading prompt for traders.
Ideally, the best of all is that traders are pretty satisfied here.
They don’t need to stress here as traders offer impressive features and perks, making trading easy for traders.
Does Vantage FX provide Trading Tips?
Yes, traders can avail themselves of some trading tips from Vantage FX brokers.
The trading tips are likely to depend on the account type traders choose.
The traders can also perform some analysis on their investment options.
The traders can also avail themselves of expert advice if they feel they are stuck somewhere.
Fill up the Form – Open Forex Trading Account Now!
Most Read Articles