Vantage FX Review

Vantage FX
Exclusive Promotion: Get a $75 Cash Bonus ( min.deposit $500)
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Overview

Page Contents1 Trading Platform: 100/1001.1 Binary Options1.2 Forex Trading2 Types of Accounts / Demo : 100/1003 Assets Offered for Trading: 100/1004 Minimum Deposit Requirements, Offered Bonuses/Promotions : 90/1004.1 Exclusive Promotion/Bonus5… more

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Details

BrokerVantage FX
Website URLwww.vantagefx.com
Founded2009
HeadquartersSydney, Australia (Vantage FX Pty Ltd )
Support Number13009455172 ( Australia ), 442071008625 ( UK ), 4007209515 ( China ), 18884424106 ( Canada )
Support TypesPhone , Email , Live Chat
LanguagesEnglish , Chinese , Español
Trading PlatformTech Financials ( Web ) / MT4 Platform ( Download )
Minimum 1st Deposit$100 AUD
Minimum Account Size$100 AUD
Minimum Trade Amount$10 AUD
BonusExclusive Promotion: Get a $75 Cash Bonus ( min.deposit $500)
Max. Payout85%
Leverage500:1 ( Forex )
Demo infoFrom 0.0 pips ( Forex )
Free Demo Account Open Demo
Regulated Yes
RegulationASiC ( AFSL No.428901 )
Deposit MethodsCredit / Debit Cards , Bank Wire , BPAY , Poli , Skrill , Neteller , Broker to Broker transfer
Withdrawal MethodsCredit Cards , Bank Wire , BPAY , Poli , Skrill , Neteller
ProductsForex Trading and Binary Options Trading
Number of Assets+100
Types of AssetsCurrencies, Stocks, Indices, Commodities
Binary Options TypesHigh / Low , One Touch , Boundary , Short Term
Australian Regulated Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score50/100

Pros

  • Get a $75 Cash Bonus *
  • AU Regulated Broker
  • Free Demo Account
  • Min. Deposit of only $100 AUD
  • Up to 85% Payout ( Binary Options )
  • Up to 500:1 Leverage ( Forex )
  • 24 Hours support from Sydney office
  • Powerful MT4
  • Security: All clients's funds are held in a segregated account in NAB
  • Over 100 assets to trade

Cons

  • Few languages available

Full Review

Latest Vantage FX review: June 6 2017

Important Notice to Australian Traders:

Vantage FX  is not a recommended broker.

Check our list of regulated brokers accepting customers in Australia.

Vantage FX, an award winning forex broker, is one of the prominent Australian brokers that has recently introduced binary options trading to the Australian market. Their mother company is Vantage FX Pty Ltd (ACAN 140 903 886) and they are regulated by the Australian Securities and Investment Commission (ASIC) under AFSL No 428901.

Vantage FX Review - Binary Options & forex

Since inception, Vantage FX has primarily focused on providing traders access to the global foreign exchange market via their relationship with top tier banking partners and liquidity providers. With the introduction of binary options trading, they aim to bring the same quality of order execution and customer service to the niche target market in Australia.

Vantage FX operates from its office in Sydney located at Level 29, 31 Market Street, NSW 2000, Australia.

They have offices too in Melbourne and Wellington ( New Zealand ).

Trading Platform: 100/100

Binary Options

02_platform

Vantage FX offers a fully cloud based binary trading platform, which they provide by partnering with Tech Financial, a London Stock Exchange listed company.

02_platform_short-term

02-vantage-fx-chart

Tech Financial developed a cutting edge trading platform offers clients of Vantage FX to experience a seamless trading environment that involves no dealing desk of any kind. Furthermore, Vantage FX trading platform offers over 112 trading assets via its liquidity providers for binary options trading.

02_mobile_trading

In addition to the cloud based trading platform, Vantage FX also offers mobile apps that can be used by users to place trades via their brokerage account.

Forex Trading

Vantage FX provide several trading platforms to trade forex: Metatrader ( MT4 ) for Windows and Mac , Webtrader and Mobile apps.

The type of execution is: STP or ECN.

They offer a wide range of assets to trade including 40 currencies, 6 indices and 7 commodities.

The minimum trade size is 0.o1 lot with a leverage up to 500.1.

Types of Accounts / Demo : 100/100

Although Vantage FX offers a single binary options trading account, it incorporates all the features available for traders. For example, by opening a single binary options trading account, traders can access all 112 assets and trade various types of binary options, including, High/Low, One Touch, Boundary, and other Short Term options.

They also offer a demo account with $20,000 paper money that binary options traders can utilize to improve their trading skills prior to opening a live account.

Assets Offered for Trading: 100/100

Vantage FX offers a range of assets, including Forex, Indices, Stocks, and Commodities for binary options trading.

Under Forex, almost all major currency pairs are available, such as GBP/USD, GBP/JPY, EUR/JPY, USD/JPY, AUD/USD, NZD/USD, AUD/JPY, USD/CAD, EUR/GBP, AUD/NZD, AUD/CHF, EUR/AUD, GBP/AUD, NZD/CHF, GBP/NZD, USD/CHF, CAD/JPY, AUD/CAD, USD/MXN, CAD/CHF, CHF/JPY, USD/ZAR, USD/TRY, EUR/TRY, USD/NOK, EUR/NOK, EUR/CAD, EUR/ZAR, and USD/RUB.

Under indices, they offer some of the most popular international indices, including the Nikkei 225, Bombay 30, DAX 30 Future, FTSE 100 Future, DUBAI Index, NASDAQ 100, and S&P 500 Future. In addition to indices, Vantage FX has included a handful of individual companies for trading as well. For example, you can trade companies like Rio Tinto, Tata Motors, BP, Barclays, BBVA and more.

Under commodities, they have the largest collection of assets compared to other binary options brokers. They have almost covered all major commodities, including Oil, Gold, Silver, Platinum, Coffee, and Sugar. We were delighted to find that Vantage FX did not forget to include Bitcoin as an asset for trading, which is very rare among binary options brokers.

Minimum Deposit Requirements, Offered Bonuses/Promotions : 90/100

It is rather easy to start trading with Vantage FX, as they only require a $100 minimum deposit to start trading.

However, it is worth noting that you cannot trade lower than $10 per position and their maximum amount per trade would depend on the type of assets you are trading. Here is a summary of the maximum allowed amount per trade for different asset types:

04-maximu_amount

Exclusive Promotion/Bonus

Get a $75 Cash Bonus with a minimum deposit of $500.

Payout: 100/100

While Vantage FX has no fixed payout ratio and the payout depends on the type of assets and time, binary options traders can expect to get as high as 85% payout ratio.

Since Vantage FX’s trading platform will display the payout ratio based on the type of trade and selected asset, you would always know the exact payout ratio for each trade before executing the order.

Deposit and Withdrawal Methods: 100/100

You can easily fund you Vantage FX binary options trading account via popular banking channel, wire transfer and BPay.

They also accept popular e-wallet services like Skrill and Neteller. Besides, there is an option to fund your account via Credit/Debit cards (Visa/MasterCard) as well. However, please note that Visa and MasterCard payments may be subject to a small fee.

This platform don’t charge fees for deposits or withdrawals.

Customer support : 95/100

Vantage FX primarily serves the Australian market and they offer customer service over phone and email. You can reach their customer service via email at support@vantagefx.com

For more immediate need, you can call their customer support at 1300 945 517 during office hour during the work week (Monday to Friday).

Thet only provide support in English and Chinese.

Vantage FX review: Summary : 98/100

Over the last few years, the Australia’s financial regulatory authorities have welcomed brokers to introduce binary options products in the market. Vantage FX, being an experienced Forex broker, have seized this opportunity to offer quality options products for both Australians and global clients.

The low minimum deposit requirement of Vantage FX has attracted a large number of beginner traders, who wants to enjoy the secure trading environment, regulated by the ASIC. However, during our research for this review, we found that their trading platform offers features that are geared towards more experienced traders as well.

If you are looking for a well-regulated binary options broker in Australia, Vantage FX could be a good choice.

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John was born in Wollongong (NSW ) and studied at The London School of Economics ( England, UK ). Currently he lives in Sydney ( NSW ) and he works as financial market analyst.

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