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Vantage FX review: Award winning, ECN forex broker

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Trade forex online with Vantage FX and take advantage of tight spreads, fast trade execution and 24-hour customer support.

Vantage FX is an ECN forex broker that has offered Australian traders direct access to international markets' liquidity pools since bursting onto the scene in 2009. Its fibre-optic network and MetaTrader 4 platform allows for tight spreads and lightning fast trade executions. Clients are also able to access their MT4 trading account through mobile applications for both iPhone and Android devices.

CFDs and forex are risky investment products and most clients lose money trading with this provider. Consider whether this is right for you before making a decision.

0.0 pips - 1.0 pips

Minimum Spreads for Major Currencies

40+ currency pairs, commodities, index CFDs, stock CFDs, metals, commodities, energy

Available markets

MetaTrader 4
MetaTrader 5



Type of brokerOnline
Available markets40+ currency pairs, commodities, index CFDs, stock CFDs, metals, commodities, energy
Minimum Spreads for Major Currencies0.0 pips - 1.0 pips
Leverage5:1 - 500:1
Minimum opening balanceAU$200
Minimum Trade Size0.01 lots
PlatformsMetaTrader 4
MetaTrader 5
SupportPhone, email and live chat

You need a minimum deposit of just $100 to open an account with Vantage FX and you can then trade 45 forex currency pairs, indices and commodities across global markets. Your single login even gives you access to several forex trading platforms, including MetaTrader 4, MetaTrader 5 and a number of web and mobile trading solutions.

Data indicated here is updated regularly
Name Product Minimum Opening Deposit Minimum Spreads for Major Currencies Commission Minimum Trade Size Platforms
Vantage FX (Standard STP Account)
0.0 pips - 1.0 pips
0.01 lots
MetaTrader 4
MetaTrader 5
Margin FX is a complex financial product and traders are at high-risk of losing all of or more than their initial investment.
Standard STP or raw ECN accounts available. Choose from 15 different trading platforms. A host of bonuses, rebates and promitions on offer to suite any trader.

Compare up to 4 providers

Disclaimer: CFDs and forex are complex financial products that come with a high risk of losing money. Most retail client accounts lose money trading CFDs and forex. Consider whether you can afford to lose your money.


Quick verdict

Good for
  • ECN forex broker
  • ASIC regulated
Not so great for
  • Forex trading carries risk

Who is Vantage FX?

Vantage FX is an Australian forex broker that provides fast and easy access to global forex markets through top-tier, liquidity providers. Established in 2009, Vantage FX offers fast trade execution and competitive pricing, with spreads starting from 0.0 pips.

Besides enhanced technology facilitating quick execution speeds, Vantage FX emphasises its commitment to transparent forex trading. Vantage FX is an ECN forex broker, meaning that they do not trade against their clients. If you choose to trade with Vantage FX, you can be assured that there is no conflict of interest.

Vantage FX + finder exclusive offers

If you choose to open a Vantage FX account through finder, you're able to gain access to exclusive offers that aren't available elsewhere.

8.88% cash bonus on your account balance

All active forex traders meeting the monthly volume receive an 8.88% interest payment deposited into their Vantage FX trading accounts. To receive your cash bonus, you must open and fund a Vantage FX account and meet the monthly volumes found on their website.

Rebates for active forex traders

To receive rebates of up to $8.00 per lot traded, you must open an account and deposit $10,000 or more. Then get in contact with the Vantage FX account support team and request to register for the rebate promotion. From here on, depending on the volumes that you've traded, you are eligible to earn rebates of up to $8.00 per standard forex lot traded.

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For full terms and conditions on both offers, check the Vantage FX website.

What are the key features of Vantage FX?

Here are some of the benefits of trading forex on MetaTrader 4 with Vantage FX.

ECN forex broker with no conflict of interest

Vantage FX is a true ECN forex broker. There is strictly no dealing desk intervention when it comes to executing trades. You can be assured that Vantage FX are not trading against your positions and that the prices you see are sourced from the interbank market via their top-tier liquidity providers. This means that they provide transparent access to global forex markets and allows you to cleanly maximise trading opportunities.

Australian regulated forex broker

Vantage FX is an Australian-regulated forex broker that complies with the regulations set out by the Australian Securities and Investments Commission (ASIC). If you choose to trade with Vantage FX, you can be assured that they have met their strict regulatory requirements, including the full segregation of client funds with the National Australia Bank (NAB).

Leverage options

Vantage FX clients can trade with leverage of up to 500:1. This means that with $1,000 you can speculate with up to $500,000 on forex, commodities and stock market indices markets, all via MetaTrader 4..

Uninterrupted market access

Vantage FX offer traders 24-hour access to world markets through the MetaTrader 4 platform. Thanks to a sophisticated fibre-optic network and the patented oneZero trading bridge, Vantage FX clients have access to international markets anywhere, any time. You can also access MetaTrader 4 via applications for Apple and Android devices.

Choice between two account types

Vantage FX offers two types of trading accounts: The Standard STP account and Raw ECN account. Standard STP accounts offer STP execution, tight spreads and a low minimum deposit of $100 to start trading, while the Raw ECN account is for active traders with larger accounts. With spreads as low as zero during peak times, traders instead pay a commission on each entry and exit.

We've compared each of the account types in more detail below.

What markets can I trade with Vantage FX?

Through the one MetaTrader 4 trading account, you're able to trade a number of different asset classes with Vantage FX.

Forex markets

Vantage FX gives clients access to global forex markets with tight ECN spreads and substantial liquidity. The MetaTrader 4 platform provides uninterrupted access to international forex markets, allowing you to take advantage of forex market trading opportunities as they arise.

Commodities markets

Clients can trade in metals and energy, including oil, gold, silver, platinum and palladium. You have 24-hour access to global commodities markets through the MetaTrader 4 platform, where you can speculate with trade sizes as low as 0.01 lot (constituting 10 barrels of oil or one ounce of gold). Uninterrupted access to commodities means you can trade with maximum leverage, even in oil and palladium markets, which are notoriously sophisticated and technical.

Indices markets

Vantage FX facilitates full access to eight world stock exchange indices, including the Nikkei, the Dow Jones and the London Stock Exchange. Coupled with the 24-hour access via the MetaTrader 4 platform, Vantage FX's oneZero trading bridge promotes more concise speculation and provides access to larger pools of liquidity.

Cryptocurrency markets

Vantage FX lets you speculate on bitcoin (BTC) by trading it as a contract for difference (CFD), without needing to actually buy the notoriously volatile cryptocurrency outright. If you're a crypto trader, it's worth considering that while Vantage FX can offer up to 500:1 leverage with other forex trades, no leverage is available for bitcoin trading. However, hedging is still allowed.

Which trading platforms can I use with Vantage FX?

Opening an account with Vantage FX gives you access to the world's most popular trading platform, MetaTrader 4 (MT4). This also includes access to MT4 via mobile apps, Mac devices, and the cloud based MT4 WebTrader platform.

You can also take advantage of social trading services like Myfxbook AutoTrade and ZuluTrade.

What account types can I choose at Vantage FX?

Depending on how and what you'd like to trade, Vantage FX caters to both retail traders and professional clients trading in higher volumes.

Both account types allow access to 40 different currencies, six index markets and seven commodities markets. You get access to all the available platforms, and you can trade cryptocurrency CFDs with both accounts.

Standard RAW
Commission $0$3 per lot
Leverage Up to 500:1Up to 500:1
Minimum deposit$100 (or equivalent)$500 (or equivalent)
Rebate per lot$2N/A
Spreads starting at1.0 pips0.0 pips
Free 30-day demoYesYes

What customer support options do Vantage FX offer?

If you need assistance with your account or if you have questions about trading with Vantage FX, you can check the website's FAQ and support pages. Here you'll find everything you need to know about which platforms to use, what and how you can trade and how to manage your Vantage FX account. If you still can't find the answer you need, customer support is offered 24 hours a day, Monday to Friday via phone, email and live chat.

The Vantage FX website also features an extensive education portal that is home to the Vantage FX Forex Training Academy. This provides detailed information on how to trade forex and the potential benefits, as well as regular webinars to help you increase your trading knowledge.

What are the spreads from Vantage FX like?

As Vantage FX are an ECN forex broker, spreads shown on their MetaTrader 4 platform are variable. Quotes are sourced from a list of top-tier liquidity providers and are continuously changing based on the current market conditions. For example, spreads are typically tighter during peak trading times like the London open.

Spreads on a Vantage FX Raw ECN account go as low as zero during these peak times and according to Myfxbook, are some of the tightest in the Australian forex broker industry.

What account or transfer fees do Vantage FX charge?

Clients should be aware that while Vantage FX doesn't charge deposit fees for electronic deposits or withdrawals, transfers and conversions to and from overseas banks might incur fees. Vantage FX also charges no account keeping, or inactivity fees. Clients are not charged membership fees, nor are they asked to pay exchange, regulatory or data fees.

As outlined above, you're able to choose between multiple account types featuring different spread only or commission based costs. Depending on your account size and trading volume, both can work out to be cheaper, so it's worth finding which is best for your particular circumstances.

The money in your Vantage FX account is held by NAB. While Vantage FX doesn't charge fees, NAB has its own fee schedule for credit and debit card deposits, withdrawals and SWIFT transactions.

What are the pros and cons of trading forex with Vantage FX?


  • Demo account. Before signing up for a live account, you can open a $50,000 demo account to test the Vantage FX system and its platforms.
  • High-tech platforms and speed. Vantage FX employs state-of-the-art fibre-optic technology for speedy execution and uninterrupted access to markets. Clients trade on MetaTrader 4, the world's most popular forex trading platform.
  • No conflict of interest. Instead of making money on the spread difference, ECN brokers like Vantage FX charge a commission for transactions, which makes it unethical for them to bid against their clients or engage in desk intervention.
  • No fees. Traders pay no account, exchange, regulatory or data fees.
  • 24-hour support. Vantage FX clients benefit from 24-hour support as well as a live chat option for immediate assistance.
  • No commission on the Standard account option. Clients with a Standard account don't pay commission on transactions.
  • Very high leverage on Standard account. Both account types allow traders to speculate with a maximum leverage of 500:1.


  • No US clients. Vantage FX can't accept clients based in the US, as American law prevents traders from trading with non-US brokers.
  • Only two account options. You only have two account options: Standard (straight-through processing) and RAW (electronic communications network).

How do I open an account with Vantage FX

It's quick and easy to open a live trading account with Vantage FX. Click one of the "go to site" buttons on this page and fill in the required information. You'll be asked to submit identification and then you should be ready to trade within 24 hours.

Opening an account requires a minimum of $100 for the Standard account and $500 for the RAW account. There is a deposit restriction of $1,000 (or equivalent) for opening an account, and any excess will be refunded. Vantage FX doesn't accept third-party payments.

Once approved, your account details will be emailed with you. The entire process can be completed within 24 hours.

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Vantage FX frequently asked questions?

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