The latest Forex broker that I’ve added to my site today is Vantage FX. It’s a white label partner of another Australian broker — GOMarkets. It’s a separate company regulated by ASIC, but in terms of the retail Forex services it doesn’t add anything new as a broker compared to GOMarkets. The only thing that’s making them worth adding to my site is their tools for developing, testing and hosting the expert advisors for the MetaTrader 4 platform. So, if you prefer automated trading then this broker has some positive features to offer, otherwise you won’t be too excited by the conditions:
- Leverage can be as high as 1:300.
- The minimum to start trading is $120.
- Spreads fluctuate between 1 and 2 pips for the EUR/USD currency pair.
- Expert advisor database, VPS hosting for MT4 and EA Test Lab.
- Trade gold and silver in addition to traditional Forex.
- No convenient ways to deposit/withdraw money.
If you have any questions or comments regarding Vantage FX, please, feel free to reply using the form below.
July 21st, 2010 at 12:37 pm
Vantage has a great trading tool – strategy builder. I setup an account and got access pretty quickly.
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October 24th, 2010 at 6:57 am
Your heading seems a little harsh. Vantage FX is a great Australian broker and I even received a funding credit with my first deposit. Funding can be done by credit card and my payment was accepted online.
This broker is a lot more stable than GO-Markets and my leverage is actually 500:1. Maybe you should update your inaccurate information.
Keep trading.
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admin Reply:
October 24th, 2010 at 8:37 am
Hey, there’s a date near the post. It was written more than 6 months ago, the company has changed since that time.
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February 8th, 2011 at 5:10 am
I have been with vantage FX for nearly a year. They phone back with any email enquiries promptly. Provide great assistance with modifying indicators and trading systems.
I would like to see a more fluid way of transfering money in and out of my VantageFx account.
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March 29th, 2011 at 8:46 am
These guys are pretty worrying, i funded my account made some money and sent thru my withdrawal 10 days ago and it still has not arrived. I get the feeling they are a very small shop with few staff.
I have reported them to ASIC as I really worried.
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admin Reply:
March 29th, 2011 at 1:00 pm
That’s very sad to hear. Please keep us updated of your situation.
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November 4th, 2011 at 3:13 am
As an Australian, only new to FX markets.
Who would you consider as the top 3 (in Australia), as an FX provider.
I’m looking to start trading with 5k?
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admin Reply:
November 4th, 2011 at 8:28 am
In no particular order: VantageFX, GOMarkets, SynergyFX.
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November 4th, 2011 at 3:50 am
I’ve been talking to a few F.X. providers with an understanding of trading the majors, particularly the EURO & AUD vs. USD. I end up talking to junior salesman and even worst senior sales managers, when I really want to talk to an experienced broker or ex trader. Any thoughts would be much appreciated.
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