Vantage Review


Vantage FX is a broker based in Australia, and it offers people access to the global market. It is known to feature CFDs and Forex trading, as well as some of the most popular trading platforms on the planet. But despite these aspects and the fact that it isn’t exactly the newest broker on the market, you may have issues trusting it. The company claims to be the best Forex broker, but this is not enough to convince you they are safe.

Since researching on your own can take a very long time, we decided it would be better if we offered you all the necessary information. So, in this review, you are going to learn about the pros and cons of Vantage FX, what it has to offer and what its safety level is. Let’s get to it!

Who Is Vantage FX for?

Vantage FX is ideal for users who are looking for quick deposits and withdrawals. On the platform, you can make a deposit and start trading right away, and after withdrawing funds, you won’t have to wait for ages for the transaction to take place. The account opening process is easy and quick too. Individuals looking for a larger base currency selection will also enjoy the platform because it has 9 base currencies.

Anyone who is just getting started in the trading world can also try out Vantage FX. Not only is there a free and unlimited demo account, but there are also various educational materials for them to use. The demo account can be used with no risks.

Things We Like

No inactivity fee is charged, and people have no withdrawal fee either. Besides, the trading fee class is low. We liked this because it makes the platform friendlier for those who aren’t lucky enough to have a higher income. Then, we were also amazed by the fact that the account opening process is incredibly fast and fully digital. Deposits and withdrawals are very quick, and you have different payment options to choose from.

On top of that, we love the fact that Vantage FX offers both MetaTrader 4 and MetaTrader 5 to their users. This way, traders will be able to use a popular and amazing platform that has great customizability and order confirmation. The customer service was a very pleasant surprise too. They are reachable through live chat, email, and telephone. They are able to provide relevant answers to any question.

Things We Don’t Like

While the customer service is good, we were disappointed to see that there is no 24/7 support, so you may not be able to talk to the Vantage FX team at any time. And while live chat and phone support generally come with fast responses, the same cannot be said about email communication. They take a little more than a business day to answer emails.

Also, the product selection is limited. Compared to other popular brokers, it lacks in this regard. We also discovered that investor protection only applies in the UK, which puts people from other countries at higher risk.

Pros / Cons
  • Account opening is very fast
  • The fees are low
  • Client funds are segregated
  • Easy and quick deposits and withdrawals
  • The customer service is not the best
  • Only UK users have investor protection
  • The product selection is very limited

Safety and Regulation

Vantage FX is a platform that brings negative balance protection to people. But this is only one aspect we know about safety so far. How secure is this platform? Vantage FX says that client funds are a very valuable thing and that they want to keep them safe. Are they doing it, though?

Who Is Vantage FX?

Vantage FX is a global broker that was founded in 2009. It offers CFD and Forex. It is well-known, especially in Australia and the UK. Vantage FX is based in Level 29, 31 Market Street, Sydney NSW 2000 Australia, but it allows people from multiple countries to trade.

People who use it can access the Forex trading markets through Meta Trader 4, Meta Trader 5, WebTrader, and several other apps that can be accessed through a smartphone. By many, Vantage FX is considered one of the very few true ECN brokers.

There are various live trading servers owned by Vantage FX that can be found in New York and London financial hubs. Using these trading servers, the ECN market liquidity can then be sourced and streamed into the MetaTrader 4 accounts of the users.

Is Vantage FX Regulated?

Vantage FX is a regulated platform. Actually, it is regulated by some of the largest authorities in the world. These include the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cayman Islands Monetary Authority (CIMA), and the Vanuatu Financial Services Commission (VFSC). So, since they are regulated, it shows that there is some security so people can start trading on the platform.

A lot of companies nowadays are not regulated, and the saddest thing is that they somehow manage to attract users. This can increase the likelihood of scams and other dangers. Luckily, this isn’t the case for Vantage FX as they are regulated.

Vantage FX Licenses

  • Vantage FX international – authorized by Cayman Islands Monetary Authority (CIMA) license number 1383491
  • Vantage FX (Australia) – authorized by Australian Securities and Investments Commission (ASIC) license number 428901
  • Vantage FX (UK) – authorized by Financial Conduct Authority (FCA) license number 590299
  • Vantage FX (Vanuatu) – Authorized by Vanuatu Financial Services Commission (VFSC) license number 700271

Is Vantage FX Safe or a Scam?

For the most part, Vantage FX is considered safe, mainly thanks to the experience it has on the market, its regulations, and the negative balance protection.

However, investor protection is only available in the UK. Not to mention that the platform isn’t listed on the stock exchange, and it doesn’t have a banking license either. These things are quite concerning to see and show that Vantage FX is not exactly the safest out there.

Countries It Accepts Clients from

Vantage FX accepts clients from various countries. Users can join from Australia, the UK, UAE, Saudi Arabia, France, India, Norway, Sweden, Germany, Hong Kong, South Africa, Singapore, Denmark, Luxembourg, and many others. There are a few exceptions, though, such as the U.S.


Vantage FX was able to win several awards over the years. Some notable awards include Financial Trading Services Provider of the Year – Australia, Excellence in Customer Service, Best MT4/MT5 Broker & Lowest Trading Costs, and Best ECN/STP Broker.

Range of Offerings and Products

On Vantage FX, you can trade CFDs and Forex. So, anyone interested in these products can use the platform. There are 16 stock index CFDs, 46 currency pairs, 16 commodity CFDs, 210 stock CFDs and 6 cryptos.

Unfortunately, many other assets are not offered by the platform, like ETFs or real stocks.

Leverage Offered

Vantage FX offers multiple levels of leverage. Their Forex leverage starts at 100:1 and the highest one is up to 500:1. But this is only available for accounts and/or funds that have approval for leverage higher than 100:1.

Trading Platforms

Vantage FX has a desktop, web, and mobile platform available, and it also works with MT4 and MT5.

The web trading platform is great. It has order confirmation, amazing customizability, and a clear fee report. The downsides are that there are no price alerts, the design is not that great, and it lacks a 2-step login.

The Desktop platform is similar to the web one. It has similar customizability and fee reports, but it comes with price alerts, and it works a bit smoother. Still, it has no 2-step login.

Meanwhile, the mobile platform has a 2-step login, as well as a good search function. It looks amazing and it’s user-friendly. It has no face ID login or price alerts, though.

Account Types

There are three main types of accounts offered by the platform, respectively Standard STP, Raw ECN, and Pro ECN.

Demo Account

A demo account is offered as well. It allows you to simulate real money and trade with no risks. It’s a great learning experience for users.

Deposits and Withdrawals

You can make deposits using cards, bank transfers, or e-wallets. The transactions are fast and there is no deposit fee. International bank withdrawals may have a high fee, though.

What Is Vantage FX Minimum Deposit?

The minimum deposit is $200, which is a bit higher than other platforms.


You can do withdrawals using the same methods you use for deposits. This allows you to choose a convenient option.

Vantage FX Promotions

Vantage FX may have certain promotions sometimes. They have 50% deposit bonuses based on how much you deposit at first. You can even claim up to $20,000 in bonuses.

Client Support and Education

Not only is there a demo account, but you also have many video tutorials and webinars to learn from. Educational videos are offered as well, and the same goes for educational texts.

Verdict – Overall Rating

Vantage FX is great for both beginners and professional traders. Unfortunately, it is not the safest platform, and it only offers Forex and CFDs. So, you must be ready to accept these facts if you sign up on Vantage FX.


All brokers listed on our website are regulated by at least one financial regulator and have never been reported as a scam. Our reviews and overall scores are based on the key areas above, in a combination with our opinion and commentary.

The reviews are shared and discussed with the brokers, but the authors of our website always have the final word. Furthermore, we always strive to keep the information on our website updated and relevant for our readers.

What helps us stand out is that we always test our brokers with an anonymous live account, to ensure we deliver the most accurate information and experience to our readers. Finally, our reviews and evaluation are always independent of any financial compensation we may receive from the brokers.

Risk Disclaimer

There is a very high degree of risk involved in trading securities.

With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more at Wikipedia.

All investments involve risks and are not suitable for every investor. The value of securities may fluctuate and as a result, clients may lose more than their original investment. The past performance of a security or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against the loss, in a down market.

There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing. More details here.

Looking for more information on brokers and trading? Have a look at our trading guides:

Review Sources


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Vantage FX is a regulated Forex broker, providing traders with access to the global Forex market through top-tier FX liquidity providers.

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