Review of famous forex brokers: Vantage FX

Such a business as online trading is practically independent of the location of its participants (except in some cases, it is more associated with legal nuances). That is why each new, promising broker registered, for example, in Cyprus, is of the same interest, as a trader from Indonesia and his colleague from England or Canada. But each of them has its own logic (algorithm) for choosing a brokerage company, and in some cases it is done intuitively and, sometimes, very successfully. But the foundation of this review is still rational methods. Therefore, we will leave magic, spells and intuition to all who sincerely believe that they are the main assistants in the implementation of financial transactions or when searching for a profitable broker. And we will compile a list of key questions that not only help to choose professional participants of the global financial market, but also provide an opportunity to avoid scammers in this industry. As an example, take the Australian broker Vantage FX. The main rules that we will follow are:

● no subjective ideas;

● use only valid information;

● compliance with international and national laws;

● mandatory and repeated verification of all reviews, reviews and comments;

● carrying out comparative characteristics of the data obtained with the official; information on the website of the brokerage company.

How does the Australian broker Vantage FX manage to attract traders, despite the huge competition in this line of business?

The represented global financial market participant was registered in 2009, in Sydney (Australia). In 2010, the broker became a subsidiary of Enfinium Pty Ltd, which did not affect the global plans and methods of the broker. Its main principles remained the same as before the change of legal status. These include: honesty, transparency, individual approach to each client and compliance with the law in all countries where they work. But, first of all, the laws and regulations of Australia are taken into account, which are fundamental, both for the broker himself and for his clients. A special place in this list is taken care of their traders.

Vantage FX Security

Regardless of how much you do online commerce, and on which web resources have already worked, registering a new account, you always need to know what conditions the service offers to ensure your security.

What can please in this plan please consider the trading platform?

● All customer finances are stored in separate accounts in reliable banks. The client can always refuse to work at a brokerage firm and take his deposit.

● Applications and proven platforms used by Vantage FX (MT 4/5, MetaTrader for Mac and others, including social sites), according to the project organizers, guarantee high transaction speed and reliable protection of personal data from fraudsters.

● Considering the above information, it can be concluded that the broker’s client has the opportunity to work like a normal investor. Trusting your money to professionals (first of all, PAMM accounts are used for these purposes).

● Broker allows traders to enter into financial transactions using mobile devices, anywhere in the world where there is Internet access. At the same time, the security of these operations is not inferior to normal transactions from a computer or laptop.

● For customer support and technical, financial or other issues, a round-the-clock support service is available (five days a week, except Saturday and Sunday).

And remained one of the most important issues of the topic.

Vantage FX Regulators

For an experienced trader who decides to register a login on Vantage FX, a mandatory item is the availability of authorization documents issued by authorized organizations. In this case, we are talking about ASIC (Australian Securities and Investments Commission). A quite authoritative institution that has a high rating not only in Australia, New Zealand or the Philippines, but also in Europe, America or Asia.

In less than 10 years of its existence, Vantage FX has received licenses in other organizations. But after all the calculations, the company’s management came to the conclusion that there is no point in paying money for a license to less reputable companies. By saving a relatively small amount on documents, the broker will lose much more. Therefore, the management brokerage firm focused on licenses from ASIC.

Training at Vantage FX

On the website of the brokerage firm there is a whole section dedicated to the education of future traders. Having carefully studied the information provided, you will master the necessary terminology, learn how the web platform presented on the website functions, what factors affect the value of assets, etc.

Many experienced users of Vantage FX claim that it is at this stage that you yourself can determine how such an activity corresponds to your desires, skills, temperament, etc. If concepts and definitions are not remembered, you have to do everything “through force”, then you should try your abilities in a different direction. But if excitement “wakes up”, it becomes interesting to you … There is a sense to risk. To get money, each time forcing yourself to do an unloved business, will never lead to anything good.

Considering the topic of training, it is necessary to mention the demo account prepared on Vantage FX. This tool allows you to practice exploring everything you need to trade online without spending a single cent of your own savings for this purpose. Fast, convenient, reliable, and most importantly – it is a very productive tool.

Conditions that must know, remember and comply with players Vantage FX

Even in ordinary life, when deciding on a job change, you always study the internal rules of the company, its orders, traditions, etc. Therefore, in order to get a complete picture of the broker presented, on the basis of reviews already prepared about Vantage FX, we will study these nuances with which many will have to face more than one month (and maybe even a year or two or more).

Vantage FX Trading Terms

● The minimum deposit amount is $ 100.

● The minimum bid is 0.01.

● Account currencies – Euro and US dollars.

● Commissions – provided.

● Leverage – 1: 100.

● Affiliate program – works.

● Insurance is provided.

Vantage FX Deposit and withdrawal of funds

In Australian users prepared about Vantage FX reviews, most traders do not complain about the number of ways to deposit or withdraw money in the online trading direction of interest. These include:

● Transfers of financial institutions.

● Plastic cards.

● SWIFT.

● Global Collect.

● Bpay.

And some others that may vary over a period of time.

Vantage FX Assets

The company in question deals mainly with traditional assets and instruments: currency pairs, energy raw materials, cryptocurrency and CFD contracts.