VantageFX is an ASIC licensed and regulated Forex broker, located in Australia.
They are owned by Vantage Global Prime Pty Ltd located at Level 29, 31 Market Street, Sydney NSW 2000 Australia. Their phone numbers are: Australia toll free: 1300 945 517, UK: +44 207 100 8625, Canada: (888) 442-4106 and International: +61 2 8999 2044. Customer Support Email .
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. You can connect with service providers like ZuluTrade, MetaFX, and Myfxbook.
You can choose to trade with ECN or STP execution depending on your needs, and the commissions and spreads adjust accordingly. Leverage offered goes as high as 500:1.
Minimum deposit for a Standard account is $200. Raw ECN account types require a $500 minimum deposit, and they have 0.0 spreads.
Start trading with aFree Demo account,signup here.
When investors research an online 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 number428901.
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.
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.
BDSwissis 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.
PepperStoneis another popular broker, that is licensed in Australia and England,see here. They offer a variety of trading platforms, and competitive spreads,learn more.
If you are already investing with VantageFX, please share your review in the comment section below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 70-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.