Vantage FX is one of the leading forex brokers from Australia. Offering trading services, Forex, Cryptocurrencies, Indices, Commodites and CFDs have earned a reputation as a safe broker. It also provides transparent market access. The Vantage FX broker is a brand name of the Vantage International Group, regulated and licensed by the CIMA (Crayman Islands Monetary Authority) and is one of the brokers that separate client funds with national banks. AA-rated National Australia Bank (NAB), but if being a subnet broker, Vantage FX Australia still holds an Australian ASIC license
What is Vantage FX?
The Vantage FX broker was founded in 2009. The founders are a group of people with experience in Forex and finance technology. The main objective is to help clients trade with good platforms. Have transparent market access Providing good customer service and speed in managing trade orders The main clients are both retail and professional traders. It was previously regulated and licensed by the ASIC, but has been discontinued for customer service outside Australia. So they changed to a regulated and licensed broker. CIMA has partnered with liquidity providers such as KCG Hotspot, JP Morgan, NAB, CitiBank, Westpac, Nomura, BNP aribas, HSBC, RBS, Credit Suisse, Goldman Sachs, Bank of America, and UBS. Vantage FX broker offers two types of accounts (the minimum capital of this broker varies by geography):
Stadnard STP accounts do not have commissions. For traders starting to deposit a minimum of 50 dollars, the order management model is STP. The specification starts at 1.4 pips.
RAW ECN accounts have a commission of 6.00 USD per lot, with a minimum deposit of 50 USD. The order management model is ECN. The spread starts at 0.0 pips.
Other conditions for both accounts are not different. Leverage up to 500 products for trading. There are Forex, Indices, Commodities, Cryptocurrencies. Providing trading via the Metatrader 4 or Metarder 5 platform.
Advantages of Vantage FX brokers
STP and ECN trading conditions
Liquidity is good because it works with many liquidity providers.
Smart Trader Tools Free is a trading tool for Metatrader 4.
There are many products to trade on every account. Not limited to some accounts
Separate client funds with the National Bank of Australia (NAB).
Have insurance policy to protect the customer’s investment
For Thai people to withdraw money via Thai banks online straight away
Disadvantages of Vantage FX brokers
Not regulated and licensed by the British FCA (Financial Conduct Authority).
Not regulated and licensed by the Australian ASIC (Australian Securities and Investmnts Commission) (except Vantage FX Australia for Australian traders only) because it is now a license of the CIMA (Crayman Islands Monetary Authority).
Reliability of Vantage FX Brokers
The Vantage FX broker has been in the market for a long time and is considered another famous forex broker in Australia since 2009. The client’s funds are kept separately at the Australian National Bank. That is a leading bank of the World Bank Is considered one of the safest brokers in the world. Validated by KPMG. Serving Forex, Indices, Commodities, Metals, Energies and Cyrptocurrecies. And cooperate with many liquidity providers such as KCG Hotspot, JP Morgan, NAB, CitiBank, Westpac, Nomura, BNP aribas, HSBC, RBS, Credit Suisse, Goldman Sachs, Bank of America, and UBS to create good trading conditions for clients in Liquidity