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