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Vantage FX Review – Is it Legit? (October 2023)

Well-Regulated CFD Forex Broker with Hundreds of Assets to Trade and Low Fees

Reviewed By |

Overall Rating



Fees: Spread From 0 pips

Best For: CFDs Trading

Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This content is intended for information and educational purposes only and should not be considered investment advice or investment recommendation.

Vantage FX is a top forex broker with an excellent reputation around the world. The company has been in operation since 2009 and is based in Australia although they have now expanded to many locations and boast a worldwide trader base.

In this review, we will take a detailed look at the key aspects of Vantage FX to enable you to make the best-informed decision possible when choosing your next top forex broker.


  • Competitive spreads across several account types
  • Well-regulated in a number of countries
  • Both MT4 and MT5 trading platforms available
  • Excellent customer support in 5 languages


  • Slightly higher spreads on standard accounts
  • Quite limited asset selection with only CFD trading



Trust and security are of vital importance no matter who you are trading with, or in which market. With a forex broker, this is also the case and an area that Vantage FX clearly treats as a top priority to ensure you the best possible trading environment.

The broker has in place regulation from several well-respected regulatory bodies around the world. These include oversight from ASIC in Australia, the FCA in the UK, and offshore from the CIMA in the Cayman Islands, and VFSC in Vanuatu. This positions them well as a broker with top-tier regulation in place but also allows them to offer a degree of flexibility through the additional offshore regulatory bodies.

While trading at Vantage FX you will benefit from negative balance protection as a retail trader, meaning you can never lose more than you deposit. They also utilize segregated accounts so your funds are never put at risk by any company issues, and are part of the ICF program which provides compensation for UK traders of up to £85,000 if there are any financial problems or irregularities. Further support for their trusted reputation can be found in the fact that they are a multi-award-winning broker with a history of compliance dating back more than a decade.

Investment Products


When it comes to the available markets at Vantage FX the first point to note will be that they are a CFDs broker. This means that every asset listed is traded as a CFD and you will not be able to trade the real underlying asset. In total, you will find around 300 tradable assets at Vantage FX. This selection includes more than 40 forex currency pairs, 20 commodities, 10 indices, crypto assets, and over 200 stocks, again all traded as CFDs.

The exact breakdown of the assets you will have available to trade will depend on your Vantage FX account type choice. You have several account types to choose from that will depend on your trading profile and needs. Most popular of these choices are the Standard STP Account that has a minimum deposit of $200, more than 150 assets available to trade, and spreads starting from a variable 1.4 pips. Another great choice is the Raw ECN Account that provides for a lower spread from 0 pips but adds a commission from $3 per side to your trade and requires a $500 minimum deposit.

Also available is the Vantage FX Pro ECN account though this is very much suited to more experienced traders with a minimum deposit of $20,000 and lower trading costs to match. As an Islamic trader, you can also take advantage of the Vantage FX Islamic account which is fully Shariah Law compliant.

Commissions and Fees


As mentioned, the fees are very competitive at Vantage FX and where they start can depend on your account type choice. With the Standard STP account type, you will find a variable spread from 1.4 pips but you don’t need to worry about any commission.

If you are using the Raw ECN, or Pro ECN account, then your minimum spread will drop to a starting point of 0 pips depending on the assets you trade, but a commission will be added. This commission starts from $2 with the Pro ECN, or $3 with the Raw ECN Account.

In terms of other fees, deposits and withdrawals from the broker side are typically fee-free. The only exception here may be with certain eWallets but for the most part, there are no fees. Vantage FX also does not charge an inactivity fee as many other brokers do.

Trading Platforms


Vantage FX offers both MT4 and MT5 trading platforms across all mediums. This means you can have access to the webtrader, desktop, or mobile variations of these trading platforms through the broker. Both trading platforms are available across all account types for you to select.

This means you will have full access to two of the most highly acclaimed trading platforms in the industry. Both are award-winning for the function they provide and give you access to a unique blend of usability, combined with a technical depth and prowess that makes them suitable for new and experienced traders alike.

You will have access to dozens of charting tools and indicators across all variations of the platform that prioritizes the ability to customize your trading experience. On mobile, the platforms are equally as powerful with access to the same detailed functions in an easy-to-use app.



The broker provides an excellent selection of educational content for traders of all levels. This includes detailed guides, videos, and step-by-step tutorials on everything from how to get started in trading, to getting the most out of their trading platforms.

The section is also updated regularly with new content as it becomes available and this is a resource that Vantage FX clearly invests in to help you continue to grow and develop as a trader with them.

Customer Support


Vantage FX provides an excellent level of customer service to traders around the world. Support is available firstly through a range of helpful FAQs that can provide the answer to many of your questions. Beyond that, you have a support team available in 5 different languages.

You can contact the team in a number of convenient ways. This can be done through a web-based live chat service, email, or direct phone contact on several local numbers to you. The response provided is also very fast, knowledgeable, and professional at all times.



Overall, it is very clear that Vantage FX is a well-trusted broker offering an excellent all-around service to traders. They work hard to provide and maintain a very safe trading environment, and provide a good level of accessibility to traders at all levels with their competitive fees and minimum deposit requirements.

The broker operates at a very high standard across each area and it is clear that they continue to develop in line with your needs as a trader. This proactive mindset is something that undoubtedly sets them apart as an excellent choice both now and for the future as your next forex broker.

Click here to visit Vantage FX