Vantage FX was founded in 2008 to be a transparent forex broker and has grown to include 44 forex pairs and 290 CFDs (including cryptocurrency, shares, commodities and indices).
As a broker, Vantage FX is well-regarded and considered safe thanks to regulation by ASIC and the FCA.
Vantage FX offers access to the markets through the popular MT4 and MT5 platforms, and a feature-stuffed mobile app.
There are three account types:
- Standard STP. Perfect for novices, this is a no-commission account that works across all trading instruments, with a minimum spread of 1.4 pips. The minimum deposit is $200.
- Raw ECN. Designed for more experienced traders, this account charges commission at $3 per lot per side but the spreads start at 0.0 pips. The minimum deposit is $500.
- Pro ECN. This is for professional, high volume traders, and offers commission at $2 per lot per side, with spreads from 0.0 pips. The minimum deposit is $20,000.
Vantage FX is seen as a good, reliable broker that offers social and copy trading – without being prohibitively expensive in terms of non-trading costs or commission.
For traders looking to deal exclusively in forex, the Vantage FX offering is limited but well-crafted. There is no proprietary platform, but users can trade on MetaTrader 4 and 5.
Social and copy trading is available with ZuluTrade, DupliTrade and the myfxbook AutoTrade, and with both MT4 and 5 Expert Advisors can be used for algorithmic trading.
For beginners, there is not much education available with Vantage FX, so it might be more suitable for a trader that has some experience, and the research provided is mostly from third party sources. Vantage FX has a YouTube channel and there are daily trading videos posted there.
Vantage FX allows for fast executions and is transparent on pricing, with good customer service.
