Score

1.11 /10
Danger

Vantage FX

United Kingdom

Within 1 year

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index3.89

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Vantage FX · Company summary

Vantage Prime Limited (Vantage FX) Information

Founded in 2009 and with offices in Hong Kong, Vantage Prime Limited—often known as Vantage FX—was started Unregulated, the broker provides a wide choice of financial products for trading with an attention on swift execution and competitive spreads. It does, however, also have certain negatives, such requesting a very large deposit—$10,000 for a RAW account.

Vantage Prime Limited (Vantage FX) Information

Pros and Cons

ProsCons
Offers leverage up to 1:500Unregulated broker
Advanced MetaTrader 4 platform with oneZero™$10000 minimum deposits for MT4 RAW ECN
Competitive spreads as low as 0.0 pips

Is Vantage FX Legit?

Vantage FX is not a regulated broker, which calls questions regarding the operation transparency and fund security. Still, the broker has developed a solid name in the market.

Is Vantage FX Legit?

The official website of Vantage FX is set in 2009,and the status of it is “OK” now.

Is Vantage FX Legit?

What Can I Trade on Vantage FX?

Vantage FX provides access to over 50 tradable financial instruments, including major and minor currency pairs, commodities, indices.

Tradable InstrumentsSupported
Forex
Indices
Commodities
Metals
Equities
ETFs
Cryptocurrencies
What Can I Trade on Vantage FX?

Account Types

Vantage FX offers three main types of live accounts: MT4 Standard STP, MT4 RAW ECN (VIP), and a demo account. They do not offer an Islamic account.

Account NameKey InformationSuitable for
MT4 Standard STPLeverage: Up to 1:400Beginner and intermediate traders
MT4 RAW ECN (VIP)Leverage: Up to 1:400Professional and institutional traders
Demo AccountNo deposit required, Virtual funds for practiceNew traders
Account Types
Account Types

Vantage FX Fees

Vantage FXs fees are competitive compared to industry standards.

Vantage FX Spreads and Commissions:

Spreads vary depending on the account type. The Standard STP account offers spreads starting from 1.4 pips, while the RAW ECN account provides spreads as low as 0.0 pips with a commission.

ProductSpreadCommission
Forex0.0 pips (RAW ECN), 1.4 pips (STP)Varies per lot
Commodities0.0 pips (RAW ECN), 1.4 pips (STP)Varies per lot
Vantage FX Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
PC MetaTrader 4 (MT4)PCAll traders
MT4 WebTraderWeb BrowserTraders who prefer browser-based trading
MT4 Mobile ClientiPhone, iPad, AndroidTraders who need to manage trades on the go
Trading Server-High-frequency traders needing fast execution
TradingView--
MetaTrader 5 (MT5)--
Trading Platform

Customer Support

With just the most basic tools of communication—email and a physical address—Vantage Prime's contact options are somewhat constrained.Customers who would require more quickly available or easily accessible service will find this detrimental.

Contact OptionsDetails
Emailsupport@vantageprimemarkets.com
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressOffice 5, 8/F, Mega Cube, 8 Wang Kwong Road, Kowloon, Hong Kong
Customer Support

Promotion

With all qualified trading accounts included, Vantage FX runs a campaign whereby consumers can get electronics and appliances based on their deposit amount and trading volume.

Deposit AmountTrading VolumeRewards
$2,00020 lotsNot specified
$10,00050 lotsRedmi Xiaomi Mi 8kg Fully Automatic Washing Machine or Xiaomi Mi Air Purifier 2S
$20,000100 lotsAirPods 2nd Gen or Philips Sonicare Electric Toothbrush HX6871/HX6897
$30,000150 lotsXiaomi 4C 50-Inch 4K Smart TV or Ecovacs DE55 Robot Vacuum Cleaner
$50,000200 lotsXiaomi Ninebot Smart Balance Scooter or Nintendo Switch with Red and Blue Joy-Con
$100,000300 lotsApple iPhone 11 128GB Black
Promotion

The Bottom Line

Vantage FX is finest fit for experienced traders who can use its advanced trading methods and high leverage options. For individuals who give money security top importance, however, its unregulated nature begs problems. The key benefit of the platform is its low cost; its lack of control is its biggest drawback.

FAQs

Is Vantage FX safe?

No, Vantage FX is an unregulated broker.

Is Vantage FX good for day trading?

Yes, it offers low spreads and fast execution. They are ideal for day trading.

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