Vantage (FX) Review

Vantage (FX) Review

Robert McDougall 

January 8, 2024


What is Vantage?

Founded in 2009, Vantage FX is an award-winning CFD broker that offers stocks, forex, indices, commodities, gold and cryptocurrencies. With over 500,00 global traders, Vantage FX’s RAW account option has some of the lowest spreads in the market, starting from 0.0 and at $2 per lot commission.

  • Web Address:
  • Countries of regulation: Cayman Islands, Australia, UK, Vanuatu
  • Mobile app available: Yes
  • Deposit Methods: Bank transfer, PayID, OSKO, Debit card, Online wallet
  • Trading Fees:  $2 commission per lot
  • Deposit Fees:  FREE
  • Products: 300+ CFD products over assets like gold, indices and shares
  • Trading Platforms: MT4/MT5, TradingView or phone app

My Overall Thoughts on Vantage FX

Vantage FX is an excellent CFD broker for Australians. It is a secure broker, registered with ASIC, that offers over 300+ CFD's covering a wide range of assets including gold, indices, shares and even Bitcoin. You can trade easily on your computer using the MT4 or MT5 platforms, or use their new TradingView platform. If you want to trade on your phone, there is also a user-friendly mobile app for iOS and Android.  

Vantage FX is low-cost, with FREE deposit and withdrawals, and a low fee charged on trades. They also look after their clients, with a helpful Live Chat support team providing assistance 24 hours a day on weekdays. If you're looking to get into the CFD trading market, Vantage FX is a broker you should consider. 

Key Features & Advantages of Vantage FX

Here are the best features offered by Vantage FX that set it apart from others:

What Services does Vantage FX offer?

Vantage FX is a global brand that offers its users access to over 300+ CFD products at extremely reasonable fee rates.

Low-cost CFD and forex broker:  Vantage FX charges ZERO deposit and withdrawal fees, and ZERO inactivity fees. Their trading fees for forex CFD are low, and the table below is a quick comparison of forex CFD fees between Vantage FX and some main competitors.

Open an account in under 5 mins Opening an account with Vantage FX is quite easy and straightforward, taking less than 5 minutes. Simply follow the prompts, fill out your personal details and verify your identity. You will need to provide basic details (name, residential address, email and phone), your experience in trading, and upload ID documents. If you are a non-Australian resident, or an Australian client without ID, then you also need to provide proof of address.

ASIC regulated and clients funds segregated:  Trust in your broker is one of the most important aspects when deciding where to trade. It doesn't matter how good the market is or how good your trades are if you can never access your funds. Vantage FX is regulated by ASIC so you know they are a legitimate and trustworthy broker. You can trade with peace of mind using Vantage FX, as they segregate client funds from their company's funds. This means there is no relationship between client accounts and the company's bank account, ensuring your funds can not be misappropriated or interfered with.

Trade at home with MT4/MT5, TradingView or use a mobile app:  Vantage FX offers a variety of trading platforms for its customers, so you can trade the way you like. If you prefer the classic MT4 platform, it is available for download onto your computer, or you can access it from within your browser if you prefer. MT5 is another platform offered by Vantage FX, which although not as popular as MT4, allows users to trade the full 300+ CFD range, and suits a certain clientele. MT5 is also downloadable or accessible within the browser.

Vantage FX also offers a new platform called Charts by TradingView, which is available in the browser and can be accessed with the user's MT4 or MT5 account. If you want to find out more about this platform, you can click here.

For those that like to trade on the go, the Vantage FX mobile app available for iOS and Android is the perfect solution. If you have already signed up to Vantage FX on your desktop, it is easy to link your account to the app.

MetaTrader 4 Download Application

Browser-based MetaTrader 4 platform

Browser-based MetaTrader 5 platform

Browser-based Charts by TradingView

Mobile app - Trades screen

Mobile app - Orders screen

300+ CFD's offered across assets like gold, indices and shares:  If you are looking for a broker that offers a wide range of CFD's, then Vantage FX is definitely one to consider. Their CFD's cover multiple asset classes, such as precious metals, soft commodities, energy commodities, forex, indices, US shares, UK & EU shares, AU shares, and even Bitcoin. The large offering of CFD's by Vantage FX is a great way for you to diversify your portfolio, all within the same platform.

24-hour support Monday to Friday:  Vantage FX has an amazing support team, with 24-hr phone support available Monday - Friday. There is also email and Live Chat support available if you prefer those options of contacting them.

I conducted a real test of the Live Chat support, and I was pleasantly surprised. I typed in my question in the Chat box, and within a few seconds, I was already talking to a real person. I was expecting to be faced with a bot, or be in queue for at least a few minutes. The Customer Support representative was polite and knowledgable and was able to assist me with my query.

Vantage FX Fees

Deposit Fees and Deposit Methods

Vantage FX charges ZERO deposit fees on any of its deposit methods. These are the currently accepted methods for depositing in Australia:

  • Credit or Debit Card
  • POLi
  • BPAY
  • Bank Transfer
  • Broker to Broker Transfer
  • Cryptocurrency Deposit

Vantage FX Withdrawal Fees

There are NO withdrawal fees on Vantage FX. 

Vantage FX Trading Fees

Vantage FX has low trading fees, their spread starts from 0.0 with $2 per lot commission on their RAW account. Take a look at the quick comparison table below which shows fees on Vantage FX along with some other brokers.

Pros and Cons of Vantage FX

  • Low-fee CFD provider ($2 per lot)
  • ASIC registered
  • 24/5 phone, chat and email support
  • 300+ CFD products offered
  • CFD trading carries risk
  • No equity (direct stock) trading

Vantage FX Trading Platforms:

Vantage Fx offers a few different platforms to trade on. If you like using your computer to trade, there are MT4 and MT5 platforms that can both be downloaded onto your computer, or used within the browser.

  • MT4 platform is the most popular platform, and offers trades on everything except AU share CFD's, EU & UK share CFDs.
  • MT5 platform provides full access to the entire 300+ CFD product range.

If you prefer to trade on your mobile, Vantage FX has their own app that is available to download on both iOS and Android. You can have one account that is linked to both your mobile and desktop so you can trade whenever and wherever you please.

Vantage FX Research and Education

Vantage FX offers excellent research tools and educational information to help their clients trade successfully. Every Monday, Wednesday and Friday they send news and trade ideas to Australian clients. Vantage FX also provides Premium Trader tools free of charge, these are listed below:

  • Market Buzz
  • Economic Calendar
  • Trading Central Featured Ideas
  • Analyst Views

Vantage FX offers complimentary Premium Trader Tutorials, with comprehensive educational information in video format, as well as MT4/MT5 SmartTrader Tools.

Is Vantage FX Legitimate and Safe?

I did a deep dive on Vantage FX and I can say I believe they are a legitimate broker that is safe to use. Vantage FX was founded in 2009 (meaning well over a decade in business), and is regulated by ASIC. They segregate their client funds to ensure no misappropriation of your money, and they hold licenses in FCA, VFSC, CIMA. All of these reasons make me very comfortable when using Vantage FX.


Vantage FX is a secure and highly-regulated broker that keeps their clients funds segregated. They have a range of trading platforms on both desktop and mobile, and offer over 300+ CFD's to trade. Combine all this with their zero deposit and withdrawal fees, and low trading fee and they become a top choice for beginner and experienced traders alike.

If you are a beginner to the world of forex trading, I suggest you also take a look at the best Aussie forex brokers. provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell forex, shares or any other financial products or use any specific broker. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us. 

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