General Risk Warning: Before deciding to participate in the Forex trading market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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.
There are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. Intro Forex Brokers is not responsible for communication failures or delays when trading via the Internet. Intro Forex Brokers employs backup systems and contingency plans to minimize the possibility of system failure, and trading via telephone is always available.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. Intro Forex Brokers is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Intro Forex Brokers Review has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice.
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.
OctaFX does not and cannot guarantee the initial capital of the Clients' portfolio or its value at any time or any money invested in any financial instrument.
The Client should unreservedly acknowledge and accept that the client runs a great risk of incurring losses and damages as a result of the purchase and/or sale of any Financial Instrument and accepts and declares that they are willing to undertake this risk.
Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it.
One of the leading online brokers based in Australia, Vantage offers a range of trading services, enabling clients to access the international forex market. Benefiting from award-winning customer care and with a commitment to delivering fast transactions, Vantage is a significant player in the online broker arena.
Vantage Company Details
Vantage (Formerly Vantage FX) is the representative of Vantage Global Prime Pty Ltd. The company was set up in 2009 under the name of MXT Global, before being rebranded in 2015.
Registered in Australia, the site was designed primarily for an Australian audience. The brand has since grown however, and now boasts a global user base.
This is reflected in the firm being regulated in Australia via ASIC, but also by the FCA in the United Kingdom, as well as with CIMA in the Cayman Islands.
Vantage Trading Platforms
The site uses mainly MetaTrader software, giving users access to MT4 and MT5 as well as Markettrader, Webtrader (which doesn’t require a download), TradingView, apps for mobile trading, MAM/PAMM, Zulu trading and MyFXBook Autotrade.
The mobile app is available across platforms.
There is an emphasis on robot trading, where trades are made automatically within predetermined parameters.
The new MT5 platform enables many of the popular automated trading tools and add-ons made possible by the MetaTrader community.
Trading can be accessed either wholly online or through the 24/7/365 support team. They can be contacted by phone, email or live chat.
Overall the site is fast and fairly intuitive to use. Drop down tabs give easy access to the various features and markets available.
Vantage Assets & Markets
Traders on vantagemarkets.com are able to access 1000+ CFD instruments. This spans forex, indices, precious metals, soft commodities, energies, ETFs, and share CFDs. Cryptocurrencies can also be speculated on.
Vantage Spreads & Commission
Generally, Vantage is in line with most of the other key players in the online trading industry when it comes to spreads and commission rates. The Standard account does not attract a commission, but spreads are noticeably larger than those found in the Raw account (commission-based).
For the Standard account, an indicative spread of 1.4 (EUR/USD) is quoted. For the Raw account, forex spreads start from 0.0 pips, but commission is payable.
Demo and Islamic accounts are also available.
Leverage
For Vantage, leverage ratios start at 100:1, rising to a maximum of 500:1. Access to the higher levels of leverage is limited, with only some clients and accounts being eligible. Clients who wish to access higher levels of leverage need to apply directly to Vantage.
Ratios are broadly in line with what others are offering in the industry, but traders who prefer a higher risk approach may find the 100:1 restriction constricting on occasion.
Mobile Apps
The site gives users access to the official MetaTrader apps which are available in formats suitable for both Apple and Android devices. The apps allow traders to place forex trades and to see real-time prices in the same way as they can on a laptop or desktop computer.
Traders are able to edit pending orders through the app, which is synced with a trader’s other platforms to ensure seamless activity.
Deposit And Withdrawal Payment Options
Traders can deposit funds using: Mastercard; Visa; Swift; BPay; Skrill; Poli; Neteller. Funds deposited via a credit or debit card will normally be visible in the account and ready for use within sixty seconds. Bank wire transfer or BPay deposits will normally reach the account the day after they are deposited.
Withdrawals can be made either manually or online. Withdrawals are processed daily. In most cases, if the withdrawal request is received before 1200 AEST, the withdrawal will take place the same working day. For requests received after this time, or if the volume of requests is particularly high, the withdrawal will be processed the next working day.
For Australian clients, the funds should normally be in their bank accounts by the next working day. Overseas clients may have to wait several days for the money to reach their accounts.
Demo Account
A fully operation demo (practice) account option is available for forex trading.
Vantage Bonus Promotions
Vantage offers free education that covers the following topics: learn Forex; webinars; MT4 manuals; MT5 manuals; MT4 videos; MT4 smart trader videos.
In addition, traders can benefit from: the site’s Forex signals via email feature; tips to boost the trading account; trading signals; expert advisors; free Forex VPS; economic calendar; 50% welcome bonus; MT4 indicators; Forex sentiment indicators.
Vantage Regulation And Licensing
The company has a licence from ASIC, Australia’s regulatory agency for securities and investments. This is a trusted regulator and a good sign that the brokerage is legit. The company also holds a license with CIMA and the FCA.
Client funds are kept in segregated accounts.
Account Types
Besides being able to select between a dummy (practice) and a live account, traders may open an individual standard or RAW ECN account. Other account options include joint accounts, company trading accounts and Trust trading accounts (either as individuals or as a partnership).
In addition, there are also Islamic accounts (with no carryover) and Professional accounts, with increased leverage, but less regulatory protection.
Benefits
This site does have award-winning customer care, as well as an attractive set of promotions. It is particularly appealing to newer traders or those wishing to keep their levels of risk and investment at the lower end of the spectrum.
Drawbacks
Vantage doesn’t offer much added value for experienced traders or those wishing to adopt a higher risk strategy: experienced traders may find the upper limit of 1:100 leverage for most customers a burden.
Vantage Trading Hours
The site is open 24/7, with trading available when the relevant markets are open.
Contact Details
The support team can be contacted: by phone (1300 945 517); email: support@vantagefx.com; or live chat.
Safety and Security
The company operates a trader compensation scheme and has indemnity insurance. Clients’ funds are held in the National Australia Bank, in segregated accounts.
Is Vantage A Good Choice For Day Trading?
This is a reasonable platform for beginner traders or those who wish to trade relatively small amounts of money. Its additional partners (Zulutrade and ChartIQ) also provide added variety and value to traders.
The RAW account has an attractive rate of commission which can mean that it is more profitable to operate than the standard offering. Other than these features, there is little to distinguish it from many of the other trading sites which are available online.
More experienced traders may prefer to opt for a site which favours larger trades and a greater element of risk.
Accepted Countries
Vantage accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
Traders can not use Vantage from United States, Canada.
Before starting to trade, never invest too much money in one trade and always follow the rules of risk management. Focus on long-term profits instead of short-term trading. To make the right decisions, always follow financial news and events. It is necessary to create a clear trading plan and strategy and stick to it. Use technical analysis tools to support decision making. Focus on the difference between return and risk instead of just focusing on profit.
Avoid emotional pressure when trading and stay relaxed and patient. In addition, learn and constantly improve your skills and knowledge of Forex trading to achieve success in the field.
The above notes will help you get the best results when participating in forex trading and ensure that you minimize your risks and maximize your profits.