📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses

Promotions

⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here

Best Brokers

1st Place

2nd Place

3rd Place

4th Place

5th Place

Vantage FX Account Types

Vantage FX_Account Types

 

Overall Rating

4.7/5

Rated #66 of
Recommended FX Brokers

💰Minimum Deposit

USD 200

🌐 Regulators

VFSC 

📱 Trading Desk
MetaTrader 4 and MetaTrader 5
Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Vantage FX provides three different account types, namely the Standard STP account, the Raw ECN account, and the Pro ECN account. Each account type has its own set of conditions for commission, fees, margin calls, leverage, and minimum deposits.

Vantage FX is a well-regulated, reputable ECN and STP broker based in the Cayman Islands, Australia, and the UK with respective regulation through FCA and ASIC with Vantage International Group regulated by CIMA and SIBL.

Vantage FX has been in operation since 2009 and offers traders flexible, powerful trading platforms to suit the varying trading needs and objectives of different traders along with offering flexible account types with competitive trading conditions.

Vantage FX not only provides award-winning customer service, but a range of trading products along with various trading tools, educational resources, and reliable, and convenient trading account funding methods.

The offer from Vantage FX includes a transparent and true ECN and STP environment with the absence of dealing desk intervention. There are more than 300 financial instruments offered across a variety of asset classes.

Vantage FX provides institutional grade liquidity which ensures fast trade execution speeds along with tight interbank raw ECN spreads which start from 0.0 pips. Some of Vantage FX’s liquidity providers include J.P Morgan, HotSpot FX, Goldman Sachs, and more.

 

Vantage FX Account Types

Vantage FX provides three main accounts that each has unique trading conditions and serve the purpose of providing traders with a dynamic trading experience and environment along with being the best pricing schedule.

 

Vantage FX account types include:

  • Standard STP account
  • Raw ECN account, and
  • Pro ECN account.

 

Standard STP Account

The Vantage Standard STP account caters especially to beginner traders who need simple and direct market access without being subjected to commissions charged on trades.

 

The Vantage FX Standard STP account has the following features:

  • A minimum deposit of US Dollar 200.
  • Access to MetaTrader 4 and MetaTrader 5 through which trades can be executed, amidst other functions.
  • STP Execution on trades.
  • The range of markets includes 40 Forex pairs, 13 indices, 20 commodities, and 100 Share CFDs.
  • The minimum trade size is 0.01 lot.
  • Traders have access to leverage up to 1:500.
  • Spreads start from 1.4 pips.
  • Commission-free trading.
  • Traders using this account are eligible for promotional credit bonuses.
  • The account base currency options are AUD, USD, GBP, EUR, SGD, and CAD.

 

Raw ECN Account

The Vantage FX ECN account type is designed for traders who are more experienced and who require deep liquidity along with razor-sharp spreads.

 

The Vantage FX Raw ECN account has the following features:

  • A minimum deposit of US Dollar 500.
  • Access to MetaTrader 4 and MetaTrader 5 through which trades can be executed, amidst other functions.
  • ECN Execution on trades.
  • The range of markets includes 40 Forex pairs, 13 indices, 20 commodities, and 100 Share CFDs.
  • The minimum trade size is 0.01 lot.
  • Traders have access to leverage up to 1:500.
  • Spreads start from 0.0 pips.
  • Commissions of US Dollar 3.00 per lot per side charged on trades.
  • The account base currency options are AUD, USD, GBP, EUR, SGD, and CAD.

 

Pro ECN Account

The Vantage FX Pro ECN account has the following features:

  • A minimum deposit of US Dollar 20,000.
  • Access to MetaTrader 4 and MetaTrader 5 through which trades can be executed, amidst other functions.
  • ECN Execution on trades.
  • The range of markets includes 40 Forex pairs, 13 indices, 20 commodities, and 100 Share CFDs.
  • The minimum trade size is 0.01 lot.
  • Traders have access to leverage up to 1:500.
  • Spreads start from 0.0 pips.
  • Commissions of US Dollar 2.00 charged per lot per side.
  • The account base currency options are AUD, USD, GBP, EUR, SGD, and CAD.

 

Demo Account

Vantage FX offers traders the option of opening a Demo Account which can be utilized in various ways, including, but not limited to the following:

  • A practice account for beginner traders who wish to improve their trading skills and experience in a risk-free environment using virtual funds.
  • Traders who are evaluating and comparing brokers who would like to explore Vantage FX’ trading conditions in a risk-free environment, and
  • Traders who wish to test their trading strategies in a mimicked live trading environment without risking their capital.

 

Vantage FX’s demo account signs up is fully digitalized and hassle-free. It can be done within a few minutes and as soon as the trader is registered, demo trading can commence once the trading platform dedicated to the demo account has been downloaded on either:

  • Desktop PCs that use Linux, Windows, or macOS, or
  • Mobile devices such as tablets and smartphones that run Android or iOS operating systems.

 

Alternatively, traders can easily access the trading platforms from their web browser and use their credentials to sign into their Vantage FX Demo Account using the demo designated trading platform’s WebTrader.

 

Islamic Account

The purpose of an Islamic Account is that it caters specifically to Muslim traders who strictly follow Sharia law, which prevents its followers from paying any interest, such as overnight fees, which is seen as wasteful or exploitive.

Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this account allows exemption from such fees or interest, should they hold positions open for longer.

 

Vantage FX offers Muslim traders the option of converting either the Standard STP or the Raw ECN Account to that of an Islamic Account as Vantage FX holds certifications of Sharia compliance in these two accounts.

When trading with Vantage FX and converting either of these two accounts, Muslim traders are exempted from swaps or interest charges on overnight positions but there are administration fees chargeable on positions deducted from the trading account balance.

 

Muslim traders can expect the following trading conditions, depending on the live trading account converted:

  • Access to over 300 tradeable financial instruments.
  • Access to trade Gold or Silver is made possible through the partnership between Vantage FX and the Australian Gold and Silver Exchange, or AGSX.
  • Access to trade in Oil without accruing either positive or negative swaps.
  • Access to 13 global indices without being charged for swaps, but with an administration fee which is charged when trading indices.
  • Access to over 40 Forex pairs.
  • Access to the US and Hong Kong Share CFDs through MetaTrader 4 and MetaTrader 5.
  • Access to leverage up to 1:500.
  • Spreads from 0.2 pips on EUR/USD depending on the market conditions.

 

The diversity provided by these accounts ensures that traders have access to a trading environment that is competitive and cost-effective in terms of trading and non-trading costs.

Vantage FX traders are given the edge they need to facilitate their trading activities regardless of their level of skills, knowledge, and experience.

 

Overall Rating

4.7/5

Rated #66 of
Recommended FX Brokers

💰Minimum Deposit

USD 200

🌐 Regulators

VFSC 

📱 Trading Desk
MetaTrader 4 and MetaTrader 5
Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Vantage FX’s accounts are designed to facilitate all styles of trading.

Now that you know what to expect in terms of the accounts offered by Vantage FX, let’s look at some of the pros and cons of trading with them.

 

Pros and Cons

✔️Pros ❌Cons
Well-regulated US Clients not allowed
ECN/STP execution model Restricted leverage of 1:30 for FCA clients
Over 300 financial instruments offered Fixed spread accounts not offered
The commission-free trading account offered
MetaTrader 4 and MetaTrader 5 supported
MAM and PAMM accounts offered
Social Trading offered

 

Vantage FX provides traders with competitive and comprehensive trading conditions, tailored to the needs of various traders despite their level of understanding and expertise.

To conclude this article, here is a brief overview of Vantage FX containing all essential information:

 

Vantage at a Glance

Broker’s Name Vantage FX
Headquartered Cayman Islands, Australia, United Kingdom
Year Founded 2009
Regulating Authorities FCA, ASIC, CIMA, SIBL
Countries not accepted for trade United States
Islamic Account (Swap Free) Yes
Demo Account Yes
Institutional Accounts Yes
Managed Accounts Yes
Maximum Leverage 1:30 for EU clients, 1:500 for others
Minimum Deposit US Dollar 200
Deposit Options
  • Bank Wire Transfer
  • International EFT
  • Credit/Debit Cards
  • UnionPay
  • Neteller
  • Skrill
  • Fasapay
  • Broker-to-Broker, and more.
Withdrawal Options
  • Bank Wire Transfer
  • International EFT
  • Credit/Debit Cards
  • UnionPay
  • Neteller
  • Skrill
  • Fasapay
  • Broker-to-Broker, and more.
Platform Types Accounts: MetaTrader 4 and MetaTrader 5

Social Trading: ZuluTrade, MyFXBook AutoTrade

Mobile App: Vantage FX App

OS Compatibility Web browsers, Windows, macOS, Linux, Android, iPhone, tablets, iPads
Tradable Assets Forex, indices, energies, soft commodities, special metals, CFDs on shares
Languages supported on Website English, French, German, Italian, Spanish, Vietnamese, Portuguese, Indonesian, Korean, Japanese, Arabic, Thai, Indonesian, Simplified Chinese
Customer Support Languages Multi-lingual
Customer Service Hours 24/5

 

Conclusion

Vantage FX offers three flexible account types that accommodate all styles of trading and these accounts can also be used as demo accounts or Islamic accounts.

To find out more about Vantage FX, read one of the articles below.

 

Good luck with your trading!

 

You might also like: Vantage FX Sign up Bonus

You might also like: Vantage FX Demo Account

You might also like: Vantage FX Fees and Spreads

You might also like: Vantage FX Minimum Deposit

You might also like: Vantage FX Islamic Account

 

FAQs

Trading Environment

How many instruments can I trade with Vantage FX?

You can trade the following instruments:

  • Forex
  • Indices
  • Energies
  • Soft Commodities
  • Special Metals
  • CFDs on shares
  • Energies

Which platforms are supported by Vantage FX?

All account types have access to MetaTrader 4 and MetaTrader 5. Vantage FX also features its own mobile app and supports social trading through ZuluTrade and MyFXBook AutoTrade.

Does Vantage FX offer leverage?

Yes. Vantage FX offers maximum leverage of 1:30 to EU clients, and 1:500 for others.

What spreads can I expect with Vantage FX?

Spreads from as little as 0.0 pips on the Raw ECN and Pro ECN Accounts.

Does Vantage FX charge commission?

Yes. Commissions of US Dollar 2 are charged per lot per side when using the Pro ECN Account and US Dollar 3 when using the Raw ECN Account.

Are there additional charges on the Islamic account?

Yes. There are additional commission charges on some financial instruments.

Is Vantage FX regulated?

Yes. Vantage FX is regulated by FCA and ASIC, with Vantage International Group regulated by CIMA and SIBL.

Is Vantage FX a recommended forex trading broker for experts and beginners?

Yes. Vantage FX caters to both beginners and experts.

What is the overall rating out of 10 for Vantage FX?

9/10.

 

Accounts

What is the difference between a demo and a live trading account?

A Demo Account is a risk-free account that is funded by virtual money and allows traders to either practice trading, explore the broker’s offering, or test trading strategies in a mimicked live trading environment.

Does Vantage FX offer a demo account?

Yes.

For how long is the demo account valid?

The generally accepted duration of the demo account is 30-days.

Does Vantage FX offer the option of an Islamic Account?

Yes. The option for converting a live trading account is available on the Standard STP and Raw ECN Accounts.

Which live trading accounts does Vantage FX offer?

  • Vantage FX offers the following trading accounts:
  • Standard STP Account
  • Raw ECN Account, and
  • Pro ECN Account.

What are the available deposit currencies for a live trading account?

  • AUD
  • USD
  • GBP
  • EUR
  • SGD, and
  • CAD

 

Deposits and Withdrawals

What is the minimum deposit for Vantage FX?

US Dollar 200.

How do I make a deposit and withdrawal from Vantage FX?

  • Bank Wire Transfer
  • International EFT
  • Credit/Debit Cards
  • UnionPay
  • Neteller
  • Skrill
  • Fasapay
  • Broker-to-Broker, and more.

Does Vantage FX charge withdrawal fees?

No.

How long does it take to make a withdrawal?

This will depend on the method through which withdrawals are made along with the process involved and generally it can take between one and several business days.

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

You might also like

FINEXO Review

Overall, FINEXO is fully regulated by top-tier regulators. It has a trust score of 60 out of 100 and is considered a low-risk trading partner.