General Information
Founded in 2009, VANTAGE GLOBAL PRIME PTY LTD (short for “Vantage Markets”) is an brokerage firm registered in Australia, offering its clients access to a wide selection of trading instruments. Vantage Markets does not offer our services to residents of certain jurisdictions such as North Korea, Japan, United States and some other regions.
Regulatory Information
This brokerage firm has three entities under regulation in their own jurisdiction:
Vantage International Group Limited authorised and regulated by the Cayman Islands Monetary Authority (CIMA), with Regulatory License Number: 1383491
Vantage Global Prime Pty Ltd regulated by the Australian Securities and Investments Commission (ASIC), AFSL No. 428901
Vantage Global Prime LLP authorised and regulated by the Financial Conduct Authority,(FCA), with Regulatory License No. 590299
Market Instruments
Vantage FX allows its clients to have access to a massive market. A wide range of trading instruments, including Forex, Indices, Energy, Soft Commodities, Precious Metals, US Equity CFDs, UK & European Equity CFDs, Australian Equity CFDs are available on this brokerage platform.
Account Types
Vantage Markets offers three tiered trading accounts to satisfy different traders trading skill and needs. Standard STP account idea for novice traders who want direct market access with no commissions applied. Raw and Pro accounts are designed for experienced traders who pursue high liquidity and ultra-low spreads. To open a standard account, you need at $200, and if you want to open a Raw account, $500 is required. Pro ECN account is designed for trader with high volume, which requires an account opening amount of $10,000.
Vantage FX Leverage
Vantage Markets, as a typical Australia broker, can offer the maximum trading leverage of up to 1:500，an genrous offering, ideal for professional and scalpers. However, inexperienced traders are advised not to use such high leverage level in case of heavy fund losses.
Spreads & Commissions
When it comes to the core part of the forex trading-spread, it varies depending on various account types. The EURUSD spread in the standard STP account start from 1.4 pips, 1.6 pips on GBPUSD, 1.4 pips on AUDUSD, and 1.5 pips on USDJPY, with no additional commissions. The spreads in the Raw account and the Pro account are almost the same, with the EURUSD pair from 0.0 pips, GBP/USD from 0.5 pips, with an additional commissions required, USD currency with a commission of $6 round turn per lot, GBP currency with a commission ￡5 round turn per lot.
Vantage Markets Trading Platforms
Vantage Markets offers traders the most popular online forex trading terminals on the market- MT4 and MT5 trading platforms. MT4 trading platform from VANTAGE FX comes with a wide range of powerful chart types and supports desktop, web, and mobile devices, etc. MT5 offers a full suite of trading needs, including forex, commodities, and indices, with all quotes from liquidity providers at your fingertips. MT5's two account types (Equity and Hedge) make it easier for traders to manage their accounts in the way they want.
Deposit & Withdrawal
Vantage Markets offers traders the most popular online forex trading terminals on the market- MT4 and MT5 trading platforms. MT4 trading platform from VANTAGE FX comes with a wide range of powerful cha offers several flexible deposit options, mainly Domestic EFT (AUD), Domestic Express Transfer (for Australia only), International EFT (AUD, USD, GBP, EUR, SGD, NZD, CAD), BPAY (for Australia only), POLi Payments (for Australia only), VISA/ MASTERCARD credit/debit card (supports AUD, USD, GBP, SGD, JPY, NZD, CAD), JCB (JPY), China UnionPay (USD), Skrill & NETELLER (AUD, USD, GBP, SGD), Broker Interchange, FasaPay (USD), Thai Bank Instant Wire Transfer (USD) Vantage FX does not charge any internal fees for any deposits/withdrawals. However, outgoing and incoming deposits from foreign banking institutions may be subject to brokerage fees for either party, these fees are not controlled by Vantage FX, and the user is responsible for the costs incurred.
Customer Support
In terms of customer support, Vantage Markets provides a professsional and dedicated customer carem, and they can be reached through email, telephone and live chat . Moreover, they are also some social media platforms, including Twitter, Linkedin and Facebook.
