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.
The CFDs offered by Vantage FX are largely based around blue chip companies in the EU, UK and US.
There are more than 70 EU/UK company shares available as CFDs, with a minimum trade of 10 Euros (For UK/EU Shares CFD) and a minimum trade commission of 6 USD (for US shares CFD), and these can be traded on the MetaTrader 5 platform.
VantageFX offers 1:20 leverage for all shares CFDs
There are more than 50 US companies available as share CFDs, which can be traded on MetaTrader 4 and 5.
Deposits are free, and withdrawals are too (for withdrawals to electronic wallets or credit/debit cards).