Question 1

Is Vantage FX regulated?

Accepted Answer

Yes, Vantage FX is regulated by CIMA, FCA, and ASIC, which are regulatory bodies from the Cayman Islands, the UK, and Australia, respectively. As part of this regulation, the broker stores client funds in segregated accounts and prides itself on offering a high level of transparency.

Question 2

Is Vantage FX a scam?

Accepted Answer

No, Vantage FX is not a scam. The company offers highly reputable brokerage services, thanks to its regulation by three top tier authorities, number of awards and honors, and longevity. Moreover, the broker provides you with various risk management tools and investor compensation (in some jurisdictions).

Question 3

What is the minimum deposit at Vantage FX?

Accepted Answer

The minimum deposit at Vantage FX is $200, for international clients. International and Australian clients can open Standard accounts with just $200, RAW ECN with $500, and PRO ECN with $20,000. UK clients, on the other hand, must meet an initial deposit requirement of £2,000, no matter which account type they select. You can also open demo accounts without having to fund your account.

Question 4

Does Vantage FX charge commission?

Accepted Answer

ECN accounts at Vantage FX charge commissions, but Standard STP accounts do not. The commission for RAW ECN accounts is $3 per lot per side, which drops to $2 per lot per side for PRO ECN accounts, all of which are competitive figures. In the UK, only Vantage Prime Pro account holders are charged commissions, and these start at £1.50 per 100k traded.

Question 5

What Vantage FX account types are there?

Accepted Answer

Vantage FX offers three account types; Standard, RAW ECN, and PRO ECN. Vantage Global Prime, the UK arm of the broker, offers two account types; Vantage Prime and Vantage Prime Pro. All account types provide access to all available instruments and platforms. There are also demo and Islamic accounts.

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