VantageFX Review


Broker VantageFX
Website URL
Founded 2009
Headquarters iCount Building, Kumul Highway, Port Vila, Vanuatu
Support Number +44(0)20 7043 5050
Support Types Email, Live Chat
Languages English,
Trading Platform MT4 & MT5
Minimum 1st Deposit 200$
Leverage Up to 500:1
Spread From 0.0
Free Demo Account Yes
Regulated Yes
Regulation VFSC
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 90


  • ECN Forex Broker
  • MT4 & MT5 Trading Platform
  • 4.4 stars in Trust Pilot
  • Social Trading through ZuluTrade


  • Only 300 Trading Pairs
  • No EU license
  • Doesn't allow Expert Advisors

Is VantageFX among Top Forex Brokers? Is VantageFX a Scam?

Read this honest VantageFx Review and decide if this Broker is suitable for you.

VantageFX operates under the domain:



VantageFX is an ECN forex broker that started its operations in 2009 as MXT Global and was rebranded to VantageFX in 2015.

Today, VantageFx is a trademark of Vantage Global Limited.

The company is registered in Vanuaty (a small island located in the Pasific Ocean, near Australia, popular for its “offshore services to clients”), but offers its services to traders globally.

As of 2021, VantageFX is serving more than 50,000 active clients based at various locations around the world.

Regulations & Licenses

Vantage Global Limited is authorised and regulated by the VFSC under Section 4 of the Financial Dealers Licensing Act [CAP 70] (Reg. No. 700271).

Since VantageFx holds a Vanuatu license is regarded to be an offshore Forex Broker

The regulatory licenses acquired by VantageFX mean that the broker is following capital requirement regulations, complying with risk management procedures, maintaining strong internal controls, and conducting regular audits, which secures the interests of the clients.

Also, the company maintains a segregated account with National Australia Bank for holding the client’s funds. This ensures that the clients’ money is held securely and separately and not used for running the day-to-day operations of the company.

Account Types, Minimum Deposit & Leverage

VantageFX offers the following four types of accounts:

1- Raw ECN (The most popular option for traders)

2- Standard STP

3- Pro ECN

4- Islamic Account (For muslim traders that follow the rules of Sharia

Let’s discuss the features of each type of account.

1- Raw ECN

VantageFX is an ECN forex broker that passes the orders of traders straight to the liquidity providers (large financial institutions) and charges no spreads but with a fixed $3 commission per trade.

The broker provides leverage of up to 500:1, depending on the type of instrument traded. Traders can resolve their queries by contacting the customer support center that is available 24/5.

2- Standard STP

The Standard STP or Straight Through Processing account can be opened with a minimum deposit of $200. Like the Raw ECN account, the Standard STP account also passes on the orders of traders to the liquidity providers. In a Standard STP account, traders can get the market depth, fast execution of orders, and price transparency. VantageFX offers tight spreads on Standard accounts and does not charge Standard STP account holders any commissions on their trades. Standard STP account holders can get leverage up to 500:1, depending on the type of instrument traded.

3- Pro ECN

The Pro ECN account offers extra tight spreads from $0.00 with just $2 commission per standard forex lot. The account type is ideal for professional traders and fund managers who want to keep their trading costs low while executing orders at exceptional speed. The account allows traders to do manual, automatic, and high-volume trading with ease. Traders can open the Pro ECN account with a minimum deposit of $20,000.

4- Islamic Accounts

VantageFX offers two types of Islamic accounts: Islamic Standard STP account and Islamic Raw ECN account. The Islamic accounts are swap-free accounts for Muslim traders who don’t want to indulge in receiving or paying interest on overnight positions. Both accounts are Shariah-compliant and swap-free, with leverage of up to 500:1. The Islamic Raw account has a minimum balance requirement of $500, while the minimum deposit requirement for Islamic Standard STP is $200.

Trading Platform

VantageFX offers the following three trading platforms:

1- VantageFX App

2- MetaTrader 4

3- MetaTrader 5

Let’s discuss the features of each trading platform:

1- VantageFX App

VantageFX app is a mobile app that is available for both Android and iOS users. With the VantageFX app, traders can view 10 timeframes, use a range of technical indicators such as MACD, Moving Averages, Bollinger Bands, etc. Charting tools are also available on the app that lets traders understand and predict the price action. The app allows traders to access important news on the go, helping them make informed trades. Traders get 24/5 technical support should they face any issue with the trading platform.

2- MetaTrader 4 (MT4)

MetaTrader 4 is the world’s most popular forex trading platform. VantageFX has connected the platform with FX liquidity providers through the customized OneZero MT4 Bridge. The bridge enables fast execution of orders and seamless price feed. With the advanced charting features of MT4, traders can view charts of 9 different timeframes. Traders can choose from 300+ assets available on the platform for trading. MT4’s Expert Advisors allow traders to use automated or Algo trading, helping traders to do emotionless trading. MetaTrader 4 also allows expert traders to send trading signals to other traders, allowing them to copy their trades. With MT4, traders can place four types of pending orders and can apply 30 technical indicators to the price action charts. MT4 is compatible with Windows and macOS, as well as Android and iOS. A web version of MT4 is also available.

3- MetaTrader 5 (MT5)

MetaTrader 5, a successor of MetaTrader 4, is another popular trading platform among traders. With MT5, traders can place six different types of pending orders. The platform provides access to 38 technical indicators and 44 graphics objects. Traders can now view trading charts on 21 timeframes, enabling traders to analyze the price action from different perspectives. The economic calendar in MT5 allows traders to keep a close eye on the upcoming significant events that can move the markets. Traders can use MT5 for trading forex, options, stocks, bonds, futures, etc. MT5 is accessible on Windows and macOS, as well as on Android and iOS. A web version of MT5 is also available.

Check here more Brokers that offer MT4 – MT5 Trading

Copy-trading in VantageFx

VantageFX also offers social trading platforms that help traders copy trades of experienced traders. Traders can access ZuluTrade, MyFxBook Autotrade, and DupliTrade all providing social trading services. Traders can opt into the social trading platforms and start copying trades of experienced traders.

If you are looking for a better copy trading experience try out

Trading Instruments

VantageFX allows trading in forex (40+ pairs), indices (15 major stock exchanges), CFD commodities (Gold, Copper, Oil etc) and CFD Shares from Australia, UK and Europe. CFD Shares can be traded only in MT5.

The maximum leverage when trading CFD Shrares is 20:1. In contrast, maximum leverage can be 500:1 when trading Forex, or Gold.

🚀 Start a Trading Account Now in VantageFX

Restricted Countries

Traders from the following Countries Cannot Trade in VantageFX.

Australia, Afghanistan, American Samoa, Albania, Belarus, Bermuda, Bosnia And Herzegovina, Burundi, Canada, Central African Republic, China, Crimea, Cuba, Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia, Guam, Iran, Iraq, ISIL (Da’esh) & Al-Qaida & The Taliban, Japan, Lebanon, Libya, Mali, Montenegro, Myanmar, North Korea, Puerto Rico, Republic of Guinea, Republic of Guinea-Bissau, Sierra Leone, Sevastopol, Somalia, South Sudan, Spain, Sudan, Syria, United States of America, United States Virgin Islands, Venezuela, Yemen, and Zimbabwe.

🔎 VantageFX FAQ

1.) Is VantageFX Reliable?

Yes. VantageFX offers “fair trading conditions” to its clients


2.) What is VantageFX maximum leverage?

VantageFx Standard leverage is 100:1. Maximum VantageFX Leverage can be 500:1

If you need more leverage check FBS


3.) What is VantageFX minimum deposit?

  • 200$ in Standard STP Account
  • 500$ in Raw ECN Account


4.) Does VantageFX accept Traders From Australia? 🇦🇺

Not any more.

VantageFX used to be a great Australian Forex Broker, but with the latest ASIC Regulation Changes they do not accept Australian Traders anymore.

👉🏿 Check Here Forex Brokers that accept 🇦🇺 Australian Traders


5.) Does VantageFx accept Traders from  Nigeria? 🇳🇬

Yes. 🇳🇬 Nigerian Traders are Welcome!


6.) How many Trading Assets are available in VantageFX?

More than 300 trading assets (40+ forex pairs).


7.) Is VantageFX suitable for professional traders?

Yes. VantageFx is a trusted ECN Broker that accepts also high trading volumes.

VantageFX Review

  • ECN Forex Broker
  • MT4 & MT5 Trading Platform
  • Spreads from 0.0 pips
  • Lightning Fast Order Execution

VantageFX provides excellent trading features to its clients, the most important being the ECN quotation.

The company gives access to the latest trading platforms and also provides copy trading facilities through other apps such as ZuluTrade, MyFxBook Autotrade, and DupliTrade.

Traders can trade a wide range of instruments at low commissions.

Overall, VantageFX is a trusted forex broker suitable for retail and professional traders.

Visit VantageFX website

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Please ensure that you have read our Risk Disclosure and you have fully understood the risks involved.

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