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VantageFx Review
Overall, VantageFx is considered low risk, with an overall Trust Score of 90 out of 100. Vantage Markets is licensed by one Tier-1 Regulator (high trust), one Tier-2 Regulator (average trust), and two Tier-3 Regulators (low trust). Vantage Markets offers three retail trading accounts: Standard STP, Raw ECN, and PRO ECN.
- Lesche Duvenage
Jump to:
Overview
Regulation and Safety of Funds
Awards and Recognition
Account Types and Features
Account Registration
Broker Comparison
Trading Platforms
Range of Markets
Fees
Deposit and Withdrawels
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.7/5
Min Deposit
USD 50 / 1217249 VND
Regulators
VFSC
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
40
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
Vantage is a globally recognized multi-asset CFD broker that provides clients with a dynamic and efficient CFD trading service across various instruments, including Forex, Indices, Commodities, ETFs, and others.
One of Vantage’s distinguishing features is the availability of two mobile apps: the proprietary Vantage App and the well-known MetaTrader platform suite. In terms of trading conditions, Vantage offers competitive pricing, particularly for its PRO account, which has a $1.50 per side commission.
The requirements for opening a PRO ECN account with Vantage vary depending on the entity that regulates it. For example, its Australian entity has specific requirements for traders to meet.
Furthermore, Vantage emphasizes education and provides a wealth of resources for traders. The broker has hundreds of videos on YouTube, including “Masterclass” videos that delve into various trading topics.
Top 3 Vantage Markets User Reviews
- Hoang Jackson (September 2023) “The ProTrader platform requires improvement. I often find myself logged out, which poses challenges, especially when trying to place or exit trades.”
- Hien Taylor (September 2023) “My experience with Vantage has been positive. The customer service is efficient, and I’ve encountered no withdrawal issues. The execution of trading orders is commendable, and the price difference is exceptionally favourable.”
- Thanh Nguyen (August 2023) “I’ve been a dedicated user of Vantage Markets for the past year. Their platform and app are user-friendly and straightforward. Additionally, their pricing and spreads are reasonably priced.”
Advantages that Vantage Markets has over competitors
- It has regulatory status in one tier-1 jurisdiction, one tier-2 jurisdiction, and two tier-3 jurisdictions, making it a reliable forex and CFD broker.
- Indemnity insurance provides additional protection over and above any regulatory coverage.
- On its commission-based Raw ECN account, it offers competitive pricing.
- Multiple social copy-trading platforms are supported.
- TradingView platform integration.
- Smart Trader add-ons for MetaTrader are available.
- It provides various educational resources, such as webinars, video tutorials, and a knowledge base.
- Through MetaTrader, it offers a wide range of technical indicators, reports, and market analysis tools.
- Dependable customer service.
- Forex, commodities, indices, and cryptocurrencies are among the many trading instruments.
Who will Benefit from Trading with Vantage Markets?
Those who will benefit the most from trading with Vantage Markets include the following Vietnamese traders:
- Traders who want to benefit from a trusted trading ecosystem that enables them to achieve their own success in a faster and simpler manner.
- Traders who want to take advantage of the 24-hour market and high liquidity of forex trading.
- Traders who want to benefit from low trade costs and no commissions.
- Traders who want to use leverage to make returns from rising and falling markets potentially.
- Traders who prefer ECN trading and direct access to liquidity providers.
- Traders who use any trading strategy, such as scalping, intraday, medium-term, and long-term transactions.
- Traders who use expert advisors and automated trading.
- Traders who want to access professional services such as Market Buzz, Featured Ideas, and Analyst Views.
- Traders who want to trade a wide range of instruments, including forex, commodities, indices, and shares.
How does Vantage’s social trading platform stand out?
Vantage’s social trading platform has a more user-friendly interface and a broader selection of top traders to follow.
How does Vantage’s execution speed compare to competitors?
The broker has fast order execution, often outperforming many of its competitors.
VantageFx At a Glance
| 🏛 Headquartered | Sydney, Australia |
| 🌎 Global Offices | South Africa, Australia, Cayman Islands, Vanuatu |
| 🏛 Local Market Regulators in Vietnam | The State Bank of Vietnam (SBV) ) |
| 💳 Foreign Direct Investment in Vietnam | 22.40 Billion USD (Dec 2022) |
| 💰 Foreign Exchange Reserves in Vietnam | 85,801 million USD (Feb 2023) |
| ✔️ Local office in Hanoi? | No |
| 👨⚖️ Governor of SEC in Vietnam | SBV Governor, Nguyen Thi Hong |
| ✔️ Accepts Vietnamese Traders? | No |
| 📊 Year Founded | 2009 |
| 📞 Vietnam Office Contact Number | None |
| 📱 Social Media Platforms | Facebook YouTube |
| ⚖️ Regulation | CIMA, VFSC, FSCA, ASIC |
| 1️⃣ Tier-1 Licenses | Australian Securities and Investments Commission (ASIC) |
| 2️⃣ Tier-2 Licenses | Financial Conduct Sector Authority (FSCA) |
| 3️⃣ Tier-3 Licenses | Cayman Islands Monetary Authority (CIMA) Vanuatu Financial Services Commission (VFSC) |
| 🪪 License Number | Australia – AFSL 428901 South Africa – FSP 51268 Cayman Islands – 1383491 Vanuatu – 700271 |
| ⚖️SBV Regulation | None |
| ✔️ Regional Restrictions | United States, Canada, China, Romania, Singapore, etc. |
| ☪️ Islamic Account | Yes |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 3 |
| ✔️ PAMM Accounts | Yes |
| 💻 Liquidity Providers | KCG Hotspot, JP Morgan, NAB, Citibank, Westpac, Nomura, BNP Paribas, HSBC, Credit Suisse, Goldman Sachs, Bank of America, Société Générale, RBS, UBS |
| ✔️ Affiliate Program | Yes |
| 📱 Order Execution | Market |
| 📊 Starting spread | 0.0 pips |
| 📉 Minimum Commission per Trade | $3 round turn |
| 💰 Decimal Pricing | 5th Decimal after the comma |
| 📞 Margin Call | 80% |
| 🛑 Stop-Out | 50% |
| 📉 Minimum Trade Size | 0.01 lots |
| 📈 Maximum Trade Size | Unlimited |
| ✅ Crypto trading offered? | Yes (via Australian entity) |
| ✔️ Offers a VND Account? | No |
| 📉 Dedicated Vietnamese Account Manager? | No |
| 📈 Maximum Leverage | 1:500 |
| 📊 Leverage Restrictions for Vietnam? | No |
| 💳 Minimum Deposit (VDN) | USD 50 / 1217249 VND |
| ✔️ Vietnam Dong Deposits Allowed? | No |
| 📊 Active Vietnam Trader Stats | 90 million+ |
| 👥 Active Vietnam-based VantageFx customers | Unknown |
| 🔁 Vietnam Daily Forex Turnover | 9.9 billion USD (2019) |
| 💰 Deposit and Withdrawal Options | Domestic EFT Domestic Fast Transfer (Australia) International EFT Credit/Debit Card JCB China UnionPay Neteller Skrill AstroPay Broker-to-Broker Transfer FasaPay Thailand Instant Bank Wire Transfer |
| 💻 Minimum Withdrawal Time | Instant |
| ⏰ Maximum Estimated Withdrawal Time | 2 – 5 working days |
| 💳 Instant Deposits and Instant Withdrawals? | No |
| 🏛 Segregated Accounts with Vietnamese Banks? | No |
| 📱 Trading Platforms | MetaTrader 4 MetaTrader 5 ProTrader Vantage App Vantage Social trading ZuluTrade Myfxbook AutoTrade DupliTrade |
| 💻 Tradable Assets | Forex Indices Precious Metals Soft Commodities Energies ETFs Share CFDs Bonds Cryptocurrency CFDs (Australian entity) |
| ✔️ Offers USD/VND currency pair? | No |
| 📊 USD/VND Average Spread | None |
| ✅ Offers Vietnamese Stocks and CFDs | No |
| 💻 Languages supported on the Website | English, French, German, Italian, Spanish, Vietnamese, Korean, Mongolian, Arabic, Dutch, Estonian, Chinese, Thai, Portuguese, Malay, Indonesian, Russian, Polish |
| ☎️ Customer Support Languages | Multilingual |
| 👥 Copy Trading Support | Yes |
| ⏰ Customer Service Hours | 24/5 |
| 📞 Vietnam-based customer support? | No |
| 💸 Bonuses and Promotions for Vietnamese? | Yes |
| 📚 Education for Vietnamese beginner traders | Yes |
| 📱 Proprietary trading software | Yes |
| 🤝 Most Successful Trader in Vietnam | Most Successful unknown, but the top include Dao Thi Kim Ngan, Tran Minh Tuan, Pham Quoc Dat, etc. |
| ✔️ Is the broker a safe broker for Vietnam Traders? | No |
| 🎖 Rating for Exness Vietnam | 9 /10 |
| 🥇 Trust score for Exness Vietnamese | 90% |
| 👉 Open Account | 👉 Open Account |
Regulation and Safety of Funds
Regulation in Vietnam
Vantage Markets is not currently regulated by the State Bank of Vietnam (SBV). However, Vantage Markets’ global regulations are listed in the table below.
Global Regulations
| Registered Entity | Country of Registration | Regulatory Entity | Tier |
| Vantage Global Prime Pty Ltd | Australia | ASIC | 1 |
| Vantage Markets (Pty) Ltd | South Africa | FSCA | 2 |
| Vantage International Group Limited | Cayman Islands | CIMA | 3 |
| Vantage Global Limited | Vanuatu | VFSC | 3 |
Security while Trading
- Vantage Markets regularly undergoes third-party security audits to validate the effectiveness of its security protocols.
- Using two-factor authentication, the platform requires an extra layer of verification in addition to the password during the login process.
- Vantage Markets provides clients with transparent reporting features that allow them to monitor all activities and transactions in their accounts easily.
- As evidenced by online reviews and testimonials, user feedback generally reflects satisfaction with the platform’s security measures.
- Vantage Markets’ adherence to stringent security standards is ensured by oversight from prominent financial regulators such as the FCA, FSCA, CIMA, and VFSC.
- The platform uses industry-standard SSL encryption for all data transmissions, enhancing the security of personal and financial data.
- Vantage Markets takes the precaution of separating client funds from operational funds, which improves overall financial security.
Do any financial authorities regulate Vantage Markets?
Yes, the broker is regulated by several credible financial authorities, ensuring a safe trading environment.
What measures are in place against hacking or unauthorized access?
The broker employs multi-layered cybersecurity measures such as firewalls and SSL encryption to prevent unauthorized access.
Awards and Recognition
Vantage Markets received the following recent awards and recognition:
- Best CFD Broker – APAC in 2023, awarded by the Global Business and Finance Magazine.
- Best Affiliate/Introducing Broker Program in 2023, awarded by the Global Business and Finance Magazine.
- Best Online Trading Platform Globally in 2023, awarded by the Global Business and Finance Magazine.
- Best Multi-Asset Broker Globally in 2023, awarded by the Global Business and Finance Magazine.
- Best Trade Execution in 2023, awarded by the Global Forex Awards.
- Best CFD Trading Platform Globally in 2023, awarded by the International Business Magazine.
- Best Online CFD Trading Broker Globally in 2023, awarded by the International Business Magazine.
- Most Transparent Broker – MEA in 2023, awarded by Ultimate Fintech Awards.
- Best Trading Experience in 2023, awarded by the Ultimate Fintech Awards.
What notable awards and recognitions has Vantage Markets received in the financial industry?
The broker has been acknowledged with significant awards in the financial industry, highlighting its excellence in various categories such as online trading services, customer satisfaction, and technological innovations.
How does Vantage Markets’ recognition through industry awards contribute to its credibility and reputation?
The brokers recognition through industry awards significantly enhances its credibility and reputation as a prominent player in the financial services sector, emphasizing its dedication to delivering exceptional services and maintaining high industry standards.
VantageFx Account Types and Features
| 💻 Live Account | 💰 Minimum Dep. | 📊 Average Spread | ✔️ Commissions | 📈 Average Trading Cost |
| Standard STP | USD 50 / 1217249 VND | 1 pips | None | 10 USD |
| Raw ECN | USD 50 / 1217249 VND | 0.0 pips | $6 | 6 USD |
| PRO ECN | $10 000 / 243449978 VND | 0.0 pips | $3 | 3 USD |
Standard STP Account
Traders who choose the Vantage Standard STP Account can benefit from direct access to institutional grade spreads and deep liquidity pools, enhancing liquidity during real-time trading.
This account also ensures market depth, transparent pricing, quick execution, and narrow spreads without commissions. To achieve fast execution speeds, the Equinix Fiber Optic Network is utilized.
Raw ECN Account
The Raw ECN Account offered by Vantage delivers a highly efficient Forex trading option, providing traders with direct access to institutional-quality liquidity from some of the world’s foremost banks and financial institutions.
Furthermore, each trade incurs a nominal $3.00 commission without any additional spread mark-up.
PRO ECN Account
The Vantage PRO ECN account is designed for professional traders from Vietnam, including money managers and algorithmic traders. It grants them privileged access to top-tier liquidity channels offered by well-established providers.
This exceptional accessibility paves the way for trading in global markets at highly competitive rates, characterized by lightning-fast execution and minimal spreads. Notably, the commission rate for each standard forex lot per side is a mere $1.50.
Demo Account
Vantage Markets understands the time and effort required to master the skills for consistent Forex trading success. As a result, the standard 30-day MT4 or MT5 demo may fall short of providing traders with the necessary time to develop their skills.
Vantage has responded by introducing an exclusive broker feature that provides an unlimited MT4 and MT5 demo account. This allows traders to hone their skills until they are ready to enter the live trading arena.
Using this method, traders can hone their skills in a risk-free environment before moving on to live Forex trading. Traders can make informed decisions and access their unlimited MT4 or MT5 demo account today by choosing Vantage Markets, ensuring a smooth trading experience.
Islamic Account
Vantage Markets provides dedicated swap-free trading accounts to Vietnamese traders who adhere to religious beliefs prohibiting swap transactions. All Vantage account types, including Standard STP and RAW ECN, have access to these specialized accounts.
These swap-free options provide traders access to Vantage’s institutional-grade liquidity, which comes from well-known financial institutions and is seamlessly integrated into the MT4 platform.
The Vantage Markets Islamic Account includes several features designed specifically for Vietnamese traders:
- Precious Metals Trading: Traders using the Islamic Account can trade Gold and Silver CFDs without incurring swaps or interest fees, whether positions are held overnight or over the weekend.
- Interest-Free Indices: Muslim traders who use the Swap Account can trade 13 international indices without incurring swap fees.
- Vantage Swap-free Overnight: Positions held overnight in the swap-free account are not subject to swap or interest charges. Account holders instead pay an administrative fee calculated as a percentage of the value of their open positions.
Professional Account
Vantage Markets provides Vietnamese traders a PRO ECN Account with advanced features and highly competitive fees. The account is designed for seasoned traders and provides fast order execution and tight spreads starting at 0.0 pips.
It ensures 24/5 accessibility across all devices and high-quality liquidity through strategic partnerships with well-known banks and liquidity providers.
The account leverages Vantage’s robust fiber optic network and Equinix servers to provide real-time execution of significant trades without requotes, fulfilling the broker’s commitment to speed, dependability, and minimized trading costs.
Spread Betting Account
Vantage Markets does not offer spread betting to Vietnamese clients.
Base Account Currencies
The base account currencies available to Vietnamese include the following:
- AUD
- USD
- HKD
- GBP
- EUR
- SGD
- NZD
- PLN
- CAD
Basic Order Types
- Market Order – A market order can be either a buy or a sell order that executes at the current market price. This is the current price displayed on your platform’s chart. If you place a market order, you will be immediately entered at the best available price.
- Market orders are most effective when a trading opportunity requires prompt action. Click buy/sell at market to enter the trade immediately.
- Stop Order – A stop order can be either a buy or sell stop, depending on whether you wish to purchase above or below the market.
- This is useful for trading breakouts or trend continuation strategies when you want the market to continue moving in the same direction.
- Limit Order – Alternatively, if you believe the price will reverse when it reaches a certain price, you can place a limit order.
- Limit orders can be either buy or sell limits, depending on the market’s direction before your anticipated reversal.
- A sell limit is used to sell above the market, while a buy limit is used to purchase below the market.
Do all Vantage Markets account types support automated trading?
Yes, all account types support automated trading.
Can I switch between account types on Vantage Markets?
Yes, you can request an account type change if you meet the criteria for the account.
How to open a Vantage Markets Account – A Step-by-Step Guide
To open an account, Vietnamese can follow these steps:
Step 1 – Open up the Website.
Navigate to the website and select the “Live Account” option.
Step 2 – Insert your credentials.
Fill in Country, Email and Password with email verification code and click account.
Step 3 – Fill in more details.
Traders will will be taken to the next page they provided with more details to register successful. Then click next
Step 4 – Account Configuration
This will redirect the trader to a registration page where the trader can choose trading platform, choose account type and choose account currency. Then click Next
Step 5 – Account Opening Review
Wait for Vantage Markets to verify your account, which could take up to 24 hours.
How long does the account verification process take?
Vantage Markets strives for rapid verification, often within 24 hours, but this can vary depending on the clarity of the documents and the volume of applications.
Is there a demo account option available?
Yes, Vantage Markets provides a demo account option for traders to practice and become acquainted with the platform.
How to Close a VantageFx Account
To close a live trading account with Vantage Markets, Vietnamese traders can follow these steps:
Log in to the client portal and withdraw the entire balance from your account.
If the trader is a Vantage client who has died, email [email protected] and the client’s death certificate.
Wait for Vantage Markets to process your request to close your account. This procedure could take up to 24 hours.
How long does it take to process an account closure?
Account closures are typically completed within a few business days, though this can vary.
Why could Vantage Markets refuse an account closure request?
Refusals can occur due to open trades, pending withdrawals, or other account discrepancies.
VantageFx vs. Exness vs. FBS – A Comparison
| 🥇 VantageFx | 🥈 Exness | 🥉 FBS | |
| ⚖️ Regulation | CIMA, VFSC, FSCA, ASIC | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA | IFSC, CySEC, ASIC, FSCA |
| 📱 Trading Platform | MetaTrader 4 MetaTrader 5 ProTrader Vantage App Vantage Social trading ZuluTrade Myfxbook AutoTrade DupliTrade | MetaTrader 4 MetaTrader 5 Exness App Exness Terminal | MetaTrader 4 MetaTrader 5 FBS Trader CopyTrade |
| 💰 Withdrawal Fee | Yes | Yes | No |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Minimum Deposit | USD 50 / 1217249 VND | $10 / 244450 VND | $5 / 122525 VND |
| 📊 Leverage | 1:500 | Unlimited | Up to 1:3000 |
| 📊 Spread | From 0.0 pips | Variable, from 0.0 pips | From 0.0 pips |
| 💰 Commissions | From $3 | From $6 | From $0.1 per side, per lot |
| ✴️ Margin Call/Stop-Out | 80%/50% | 60%/0% | 40%/20% |
| 💻 Order Execution | Market | Market | Market |
| 💳 No-Deposit Bonus | No | No | Yes |
| 📊 Cent Accounts | No | Yes | Yes |
| 📈 Account Types | Standard STP Raw ECN PRO ECN | Standard Account Standard Cent Account Raw Spread Account Zero Account Pro Account | Cent Account Standard Account Pro Account |
| ⚖️ SBV Regulation | None | No | No |
| 💳 VND Deposits | Yes | Yes | Yes |
| 📊 Vietnamese Dong Account | No | No | No |
| 👥 Customer Service Hours | 24/5 | 24/7 | 24/7 |
| 📊 Retail Investor Accounts | 3 | 5 | 6 |
| ☪️ Islamic Account | Yes | Yes | Yes |
| 📉 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📈 Maximum Trade Size | Unlimited | Unlimited | 500 lots |
| 💰 Minimum Withdrawal Time | Instant | Instant | 15 to 20 minutes (maximum 48 hours) |
| 📊 Maximum Estimated Withdrawal Time | 3 – 5 working days | Up to 72 hours | Up to 7 days |
| 💸 Instant Deposits and Instant Withdrawals? | Yes | Yes | Instant Deposits |
Overall Rating
- 4.7/5
Min Deposit
USD 50 / 1217249 VND
Regulators
VFSC
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
40
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
VantageFx Trading Platforms
offers Vietnamese traders a choice between these trading platforms:
- MetaTrader 4
- MetaTrader 5
- ProTrader
- Vantage App
- Vantage Social trading
- ZuluTrade
- Myfxbook AutoTrade
- DupliTrade
MetaTrader 4
Vantage Markets provides the popular MetaTrader 4 (MT4) platform, which is used by traders all over the world. MT4 is well-known for its easy-to-use interface, advanced charting capabilities, and automated trading features.
Vantage Markets supports MT4 on desktop, web, and mobile devices, giving traders access to the platform from any location.
MetaTrader 5
Vantage Markets also provides the MetaTrader 5 (MT5) platform, the replacement for MT4. More advanced charting tools, more timeframes, and more order types are available in MT5. MT5 can also be accessed via desktop, web, and mobile devices.
ProTrader
Vantage Markets provides its proprietary ProTrader platform for professional traders. ProTrader includes advanced charting tools, customizable trading tools, and a variety of order types. ProTrader is available on both the desktop and the web.
Vantage App
The Vantage App, available on iOS and Android devices, is Vantage Markets’ proprietary trading app. The app offers real-time market data, advanced charting tools, and a variety of order types. The app, however, is still in development and may not be as feature-rich as other mobile trading apps.
Vantage Social trading
Vantage Markets facilitates social trading via third-party platforms:
including ZuluTrade, DupliTrade, and Myfxbook AutoTrade. These platforms enable traders to track and replicate the trades of other successful traders.
ZuluTrade
ZuluTrade is a social trading platform that allows traders to follow and copy successful trades. ZuluTrade is available on both desktop and mobile platforms.
Myfxbook AutoTrade
Myfxbook AutoTrade is a social platform allowing traders to follow and copy successful trades. Myfxbook AutoTrade is available for both desktop and mobile platforms.
DupliTrade
Vantage Markets’ DupliTrade is an additional automated trading platform with a diverse portfolio of vetted strategy providers. This is advantageous for Vietnamese traders looking to diversify their trading strategies.
The platform is compatible with MT4 and MT5, allowing you to select the most comfortable trading environment.
How does Vantage Markets ensure its platform’s stability and speed?
The broker invests in cutting-edge server technology and infrastructure to ensure fast order fulfilment and platform stability.
Can I use automated trading robots on Vantage’s platforms?
Yes, they support automated trading, particularly on platforms such as MetaTrader 4 and 5.
Trading App
Which Markets Can You Trade?
Vietnamese traders can expect the following range of markets:
- Forex
- Indices
- Precious Metals
- Soft Commodities
- Energies
- ETFs
- Share CFDs
- Bonds
- Cryptocurrency CFDs (Australian entity)
Financial Instruments and Leverage offered
| 🔨 Instrument | 💰 Number of Assets Offered | 📈 Max Leverage Offered |
| ➡️ Forex | 59 | 1:500 |
| ➡️ Indices | 25 | 1:500 |
| ➡️ Precious Metals | 8 | 1:50 |
| ➡️ Soft Commodities | 7 | 1:20 |
| ➡️ Energies | 7 | 1:20 |
| ➡️ ETFs | 51 | 1:33 |
| ➡️ Share CFDs | 800+ | 1:20 |
| ➡️ Bonds | 7 | 1:100 |
| ➡️ Cryptocurrency CFDs | 43 | 1:2 |
Can I trade cryptocurrencies with Vantage Markets?
Yes, the broker provides a variety of popular cryptocurrencies for trading.
How does Vantage Markets ensure fair pricing in all markets?
The broker obtains its pricing from various top-tier liquidity providers, ensuring competitive and transparent pricing.
Broker Comparison for a Range of Markets
| 🥇 VantageFx | 🥈 Exness | 🥉 FBS | |
| ➡️️ Forex | Yes | Yes | Yes |
| ➡️️ Precious Metals | Yes | Yes | Yes |
| ➡️️ ETFs | Yes | No | No |
| ➡️️ CFDs | Yes | Yes | Yes |
| ➡️️ Indices | Yes | Yes | Yes |
| ➡️️ Stocks | Yes | Yes | Yes |
| ➡️️ Cryptocurrency | Yes | No | Yes |
| ➡️️ Options | No | No | No |
| ➡️️ Energies | Yes | Yes | Yes |
| ➡️️ Bonds | Yes | No | No |
Trading and Non-Trading Fees
Spreads
The Vantage Feed includes both banks and liquidity providers. On the MT4 platform, users can access spreads from up to 70 institutions. As a result, Vantage can offer unrivalled spreads for RAW ECN accounts starting at 0 pips, while Standard STP accounts start at 1 pip.
Spreads for major Forex currencies could fall below 1 pip during periods of high liquidity.
Commissions
Trading commissions for a Raw ECN account are $3 per side for each lot or $6 for a round lot. If you choose to trade with the PRO ECN account, you will be charged a commission of $1.75 per side for each lot (or $3.5 for a round lot).
Overnight Fees
Transactions in forex with Vantage Markets settle within two business days, whereas cash indices and commodities settle at the end of each business day at midnight server time. Vantage does not provide physical delivery services.
Instead, at the end of the trading day, all open positions are rolled over to a new value date, incurring swap charges or credits. Special circumstances include tripled rollover fees for Forex positions held from Wednesday to Thursday.
In addition, there are three swap charges for holding cash indices and commodities over the weekend. Vietnamese traders must understand that overnight swaps do not apply to crude oil trading.
Deposit and Withdrawal Fees
Vantage Markets charges the following deposit fees:
- China UnionPay – 1.3% – 2.50%
charges the following withdrawal fees:
- Telegraphic Transfers – 20 USD.
- Neteller – 2% (Maximum 30 USD)
- Skrill – 1%
Inactivity Fees
Dormant accounts will not be charged inactivity fees.
Currency Conversion Fees
Currency conversion fees may apply if traders deposit or withdraw in currencies other than their account base currency.
Are the spreads fixed or variable at Vantage Markets?
The broker typically provides variable spreads that fluctuate depending on market conditions.
Is there a fee for depositing or withdrawing funds?
Yes, they charge deposit and withdrawal fees depending on the payment method chosen.
VantageFx Deposits and Withdrawals
offers Vietnamese traders the following deposit and withdrawal methods:
- Domestic EFT
- Domestic Fast Transfer (Australia)
- International EFT
- Credit/Debit Card
- JCB
- China UnionPay
- Neteller
- Skrill
- AstroPay
- Broker-to-Broker Transfer
- FasaPay
- Thailand Instant Bank Wire Transfer
Broker Comparison: Deposit and Withdrawals
| 🥇 VantageFx | 🥈 Exness | 🥉 FBS | |
| ⏰ Minimum Withdrawal Time | Instant | Instant | 15 to 20 minutes (maximum 48 hours) |
| 💳 Maximum Estimated Withdrawal Time | 3 – 5 working days | Up to 72 hours | Up to 7 days |
| 💰 Instant Deposits and Instant Withdrawals? | Yes | Yes | Instant Deposits |
Deposit Currencies, Deposit and Withdrawal Processing Times
| 💳 Payment Method | 💳 Deposit Processing | 💳 Withdrawal Processing |
| 💰 Domestic EFT | 1 – 2 days | 3 – 5 days |
| 💰 Domestic Fast Transfer (Australia) | A few hours | 3 – 5 days |
| 💰 International EFT | 2 – 5 days | 3 – 5 days |
| 💰 Credit/Debit Card | Instant | 3 – 5 days |
| 💰 JCB | Instant | A few hours |
| 💰 China UnionPay | Instant | A few hours |
| 💰 Neteller | Instant | A few hours |
| 💰 Skrill | 24 hours | A few hours |
| 💰 AstroPay | Instant | A few hours |
| 💰 Broker-to-Broker Transfer | 2 – 5 days | A few hours |
| 💰 FasaPay | Instant | A few hours |
| 💰 Thailand Instant Bank Wire Transfer | Instant | A few hours |
Is there a minimum withdrawal amount at Vantage Markets?
Yes, the broker has a minimum withdrawal amount that varies depending on the payment method used.
Are my funds safe during the deposit and withdrawal process?
Yes, they employs stringent security measures to ensure the safety and integrity of all financial transactions.
How to make a Deposit
To deposit funds to an account with Vantage Markets, Vietnamese traders can follow these steps:
Step 1. Log In
The first step is logging in to your VantageFx account
Step 2. Click on “Deposit Funds”
- Choose your preferred deposit method from the options available.
- Enter the desired deposit amount.
- To complete the transaction, follow the deposit method’s instructions.
It should be noted that Vantage Markets requires full account verification before allowing deposits. This means that traders must provide identification documentation in addition to the account opening application.
Once the account has been verified, traders can deposit funds and begin trading on their preferred platform.
According to Vantage Markets’ Deposit & Withdrawals Policy, deposits are generally processed instantly. However, depending on the deposit method, the time it takes for funds to appear in a trader’s account will vary.
Bank transfers, for example, may take longer to process than credit/debit card deposits or e-wallet transfers.
Is there an instant deposit option available?
Credit cards and e-wallets, for example, frequently result in instant deposits to your account.
What currencies can I deposit in?
The broker accepts deposits in various major currencies, giving traders worldwide flexibility.
How to make a Vantage Markets Withdrawal
To withdraw funds from an account with Vantage Markets, Vietnamese traders can follow these steps:
Step 1 . Log into the Client Portal.
Log into your trading account with your email address and password.
Step 2. Select the “Withdrawal”
- Select the “Withdrawal” option.
- Choose your preferred method of withdrawal from the available options.
- Enter the amount to be withdrawn.
- To complete the transaction, follow the instructions provided by the withdrawal method.
Withdrawals are generally processed within 24 hours, according to Vantage Markets’ Deposit & Withdrawals Policy.
However, depending on the withdrawal method, the time it takes for funds to appear in a trader’s account will vary. For example, bank transfers could take longer than credit/debit card withdrawals or e-wallet transfers.
Vietnamese traders should also be aware that withdrawals will only be processed between 9 am and 7 pm on working days (Mondays through Fridays).
Is there a minimum amount I can withdraw?
Yes, Vantage Markets has set minimum withdrawal amounts, which vary depending on the withdrawal method chosen.
Can I withdraw to a different payment method than the one I used for depositing?
No, withdrawals are generally processed using the same method as deposits, but exceptions can be made based on specific circumstances and regulations.
Education and Research
Education
offers the following Educational Materials to Vietnamese traders:
- Vantage Markets Academy
- Educational Webinars
- Forex Market guides and lessons
- MT4 and MT5 guides
Research and Trading Tool Comparison
| 🥇 VnatageFx | 🥈 Exness | 🥉 FBS | |
| ➡️ Economic Calendar | Yes | Yes | Yes |
| ➡️ VPS | Yes | Yes | No |
| ➡️ AutoChartist | Yes | No | No |
| ➡️ Trading View | Yes | Yes | No |
| ➡️ Trading Central | Yes | Yes | No |
| ➡️ Market Analysis | Yes | Yes | Yes |
| ➡️ News Feed | Yes | Yes | Yes |
| ➡️ Blog | Yes | Yes | Yes |
also offers Vietnamese traders the following additional Research and Trading Tools:
- Market News and Analysis
- Economic Calendar
- Sentiment Indicators
- MT4/MT5 SmartTrader Tools
- Calculators
- Forex VPS
- TradingView
- Trading Signals
- PRO Trader Tools
- PRO Trader Tutorials
- AutoChartist
- Trading Central
Are the educational materials suitable for both beginners and experienced traders?
Yes, the broker caters to traders of all skill levels, with foundational topics for beginners and advanced strategies for seasoned traders.
Can I access educational materials on mobile devices?
Yes, there educational content is accessible across devices, including mobile devices, allowing for on-the-go learning.
Bonuses and Promotions
Vantage Markets offers Vietnamese traders the following bonuses and promotions:
- As they engage in trading activities, Vietnamese traders can accumulate V-Points, which can be redeemed for various exciting rewards through Vantage Rewards.
- Vietnamese traders can receive a 50% bonus on their initial deposit and a 10% bonus on all subsequent deposits, up to a maximum of $20,000.
- By referring others to open accounts with Vantage Markets, Vietnamese traders can earn up to $100 for themselves and $50 for their referrals.
- TradingView offers to cover the monthly fee for Vietnamese traders with a minimum deposit and trade volume requirement.
- Vietnamese traders can claim their monthly VPS fee for free by meeting specific criteria, including a $1,000 minimum deposit and $1 million in closed trades.
- By engaging with ProTrader, Vietnamese traders can access specialized tools, market insights, and exclusive trade setups.
- Traders in Vietnam can receive daily forex signals from Trading Central by fulfilling a $500 minimum deposit requirement.
- A comprehensive suite of tools is at the disposal of Vietnamese traders to enhance their experience with MetaTrader 4 and 5.
- Vietnamese traders can receive a 5% rebate on their initial USDT deposit, subject to specific minimum trading volume conditions and capped at a maximum of $5,000.
- Vantage Markets offers Vietnamese traders a 100% rebate on overnight trading fees.
Are there any conditions attached to bonus offers?
Yes, bonuses frequently have trading volume or deposit requirements, so it’s critical to read the fine print before accepting any offer.
Are there any loyalty or VIP promotions for regular traders?
Yes, Vantage Markets appreciates its loyal customers and frequently provides VIP promotions, discounts, or special offers to them.
How to open an Affiliate Account
To register an Affiliate Account, Vietnamese traders can follow these steps:
Step 1. Visit the Website
Navigate to the Vantage Markets website and select the “partnerships” tab.
Step 2. SIGN UP NOW
Find the option to register as an affiliate and click the associated button to initiate the registration process.
Step 3. Complete the Registration
Complete the registration form with the required information. This includes your personal information, preferred payment method for affiliate commissions, and contact information.
Step 4. Confirmation
You will receive a confirmation. You will receive a email where to upload your documents.
It is important to note that Vantage Markets provides affiliates with various commission structures, including CPA, revenue share, and hybrid models. Affiliates can also gain access to various marketing materials and tools to assist them in promoting Vantage Markets to their target audience.
Are there any specific requirements to join the affiliate program?
While there are no hard and fast rules, having a relevant audience or platform, such as a financial blog or trading community, can be advantageous.
How does Vantage Markets compensate affiliates?
Typically, affiliates are compensated through commissions based on the trading activity of referred clients, as detailed in the affiliate agreement.
Vantage Markets Affiliate Program Features
Vantage Markets has an Affiliate Program through which affiliates can earn commissions by referring clients to the broker. The Vantage Markets Affiliate Program includes the following features:
- Single-Tier Commissions: The Vantage affiliate program provides single-tier commissions, which means affiliates earn commissions only on sales generated by them.
- Trading Instruments: Affiliates can provide clients access to over 1,000 tradable instruments.
- Quick and Simple CPA: The Vantage CPA Affiliate Program provides quick and simple CPA.
- Affiliates can use the CellXpert platform to manage their affiliate accounts and track their commissions.
- Affiliates have access to various marketing materials and tools to help them promote Vantage Markets to their target audience.
- Commission Structures: Vantage Markets provides affiliates with various commission structures, including CPA, revenue share, and hybrid models.
- Commissions are competitive: Affiliates earn up to $800 per referred client.
- Vantage Markets provides an affiliate tracking platform that provides affiliates with a unique tracking link to begin promoting Vantage Markets.
Are there performance-based incentives for top-performing affiliates?
Yes, the brokers frequently rewards top-performing affiliates with increased commission rates or special bonuses.
Who can I contact if I have questions or need assistance with the affiliate program?
This broker has dedicated affiliate managers to help with questions, optimization, and support.
Customer Support
| Customer Support | VantageFx Customer Support |
| ☎️ Telephone/WhatApp | 1300 945 517 |
| 🗺️ Website URL | https://www.vantagemarkets.com/ |
| [email protected] | |
| 🎓 Customer Service | 24/5 – from 00:00, Monday till 23:59,Friday (GMT+2) |
| 📍 Operating Hours | 24 hours, 7 days a week to assist |
How can I provide feedback or file a complaint with Vantage Markets?
You can provide feedback through the client portal, and any complaints should be directed to their dedicated complaints department.
Are there any self-help resources or FAQs available on the Vantage Markets website?
Yes, there website includes a comprehensive FAQ section and various resources to assist clients.
Top 10 Forex Brokers
Broker
Rating
Regulators
Min Deposit
Leverage
Website
Top 10 Forex Brokers
Broker
Rating
Min Deposit
Leverage
Our Verdict
According to our findings, Vantage Markets is a forex and CFD broker that provides a variety of trading instruments, account types, and platforms. Because the broker is regulated in multiple jurisdictions, it is a secure broker for trading forex and CFDs.
Vantage Markets accepts various deposit and withdrawal methods, such as bank transfers, credit/debit cards, and e-wallets, making it simple for traders to fund and withdraw funds from their accounts.
In addition, the broker provides a variety of bonuses and promotions, such as deposit bonuses and cashback rebates. Vantage Markets allows clients to use any trading strategy, including automated trading and offers ECN clients preferential terms.
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Conclusion
Our Review Methodology
For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.
Based on our findings, this evaluation comprises positives, disadvantages, and an overall score. We want to assist you in locating the ideal broker for your requirements.
Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.
Now it is your turn to participate:
- Do you have any prior experience with Vantage Markets?
- What was the determining factor in your decision to engage with Vantage Markets?
- Was it because of the minimum deposit, regulation, retail trading accounts, or other factors?
- Have you experienced issues with Vantage Markets, such as difficulty withdrawing funds, inability to verify regulations, unresponsive customer support, etc.?
Regardless, please share your thoughts in the comments below.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Has favorable trading and non-trading fees | The product portfolio is limited |
| The account opening process is extremely fast and fully digital | Vantage Markets’ investor protection is limited to the UK |
| There is a low minimum deposit requirement of $50 | Some users report issues with the Vantage Markets ProTrader platform |
| Has a range of resources that can help traders improve their knowledge and skills | There are some issues with the response time on email queries |
Frequently Asked Questions
What is the minimum deposit at Vantage Markets?
The broker requires a minimum deposit of $50.
What products can I trade with Vantage Markets?
The broker allows you to trade over 400 instruments, including Forex, Indices, Commodities, ETFs, and Stocks.
Is Vantage Markets regulated?
Yes, they are well regulated by ASIC in Australia, the FSCA in South Africa, the VFSC in Vanuatu, and the CIMA in the Cayman Islands.
Does Vantage Markets have VIX 75?
Yes, the broker provides VIX 75 as an indices CFD.
What are the trading fees at Vantage Markets?
The brokers RAW ECN accounts offer traders some of the industry’s lowest trading fees, starting at 0.0 pips EUR/USD.
Does Vantage Markets charge deposit fees?
Yes, they charge deposit fees ranging from 1.3% to 2.5% on China Union Pay.
How long does it take to withdraw from Vantage Markets?
Withdrawal can take a few hours or several days, depending on your preferred method.
Does Vantage Markets have Nasdaq 100?
Yes, the broker offers access to Nasdaq 100 via CFDs on Indices.
Does Vantage Markets offer customer support?
Yes, the broker provides dedicated customer support 24 hours a day, five days a week.
Is Vantage Markets Safe or a Scam?
The broker is extremely secure, with Tier-1, Tier-2, and Tier-3 regulation and an 83% trust rating.
What trading platforms does Vantage Markets offer?
They provide MetaTrader 4 (MT4), MetaTrader 5 (MT5), ProTrader, DupliTrade, and other platforms.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is volatile and may change anytime, even if the information supplied is correct when going live.
Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all Vietnamese investors.
Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.
Corporate Social Responsibility
This broker is a financial trading platform with broader social and economic objectives. The organization recognizes its capacity to effect significant change.
Despite the importance of profitability to any business, Vantage Markets prioritizes benefits for all stakeholders, as evidenced by several initiatives and projects.