VantageFX is an international Forex broker, that is licensed and regulated by ASIC Australia and CIMA in the Cayman Islands. Official Website: VantageFX.com.
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VantageFX Broker Review
Forex traders can use the MetaTrader 4 or the new and powerful, MetaTrader 5 (MT5) trading platform. You will find the desktop, web-trader and mobile trading apps. They have many solutions for managed accounts, automated trading, and signals. Social trading is offered via service providers like ZuluTrade and Myfxbook.
At Vantage FX, you can choose to trade with either ECN or STP execution depending on your needs, and the commissions and spreads adjust accordingly. Leverage offered goes as high as 500:1.
The minimum deposit for a Standard trading account is $200. Raw ECN account types require a $500 minimum deposit, and they have 0.0 spreads. Start trading with a Free Demo account, signup here.
VantageFX License & Regulations
When investors research an online CFD broker, there are many factors they take into account. The main item that we look for to determine if a broker is a legitimate broker or a scam is, are they licensed and regulated by a financial regulatory agency?
- Vantage Global Prime is authorised and regulated by the Australian Securities and Investments Commission (ASIC), with AFSL license number 428901.
- Vantage Global Prime LLP is regulated by the FCA (Financial Conduct Authority) FRN 590299 in United Kingdom.
- Vantage International Group Limited is regulated by the Cayman Islands Monetary Authority (CIMA).
Owned and operated by Vantage Global Prime Pty Ltd, they are located at: Level 29, 31 Market Street, Sydney NSW 2000 Australia. Their phone numbers are; Australia: +61289992046, United Kingdom: +442080363883, Canada: (888) 442-4106 and International: +61 2 8999 2044. Customer Support Email is [email protected].
Trading with a broker that is licensed by ASIC is always going to be a wise choice. You know that your funds are secured, and that they follow the laws of Australia.
You can read more about licensed Forex brokers, see here.
Compare CFD Forex Brokers
There are hundreds of online brokers all competing for your business. Depending on your style of trading, you may like the offering of these brokers.
BDSwiss is a European licensed broker with a good reputation. They have a nice trading platform in addition to the standard MT4.
A nice feature of this broker is their Telegram Channel, where analysts provide Real Time Trade Alerts, learn more.
If you are currently using this broker, please share your experience with other investors in the comment section below.