VantageFX forex Broker

Company Enfinium Pty Ltd.
Founded in 2006
Online since 2006
Offices in Australia, United Kingdom
Payment options Credit Cards, Debit Cards and Wire Transfer
Demo Platforms Meta Trader 4 (Limited with 30 days)
Account currencies Australian dollar, Euro, Great Britain pound, Japanese yen, Singapore dollar, United States dollar
Currency pairs AUD/CAD  AUD/CHF  AUD/JPY

AUD/NZD  AUD/USD  CAD/CHF

CAD/JPY  CHF/JPY  EUR/AUD

EUR/CAD  EUR/CHF  EUR/GBP

EUR/JPY  EUR/NZD  EUR/USD

GBP/AUD  GBP/CAD  GBP/CHF

GBP/JPY  GBP/NZD  GBP/USD

NZD/CAD  NZD/CHF  NZD/JPY

NZD/USD  USD/CAD  USD/CHF

USD/JPY  USD/SEK  USD/SGD

Regulated by ASIC and FSA (UK)
US Traders welcome? No
Website available in (languages) Dutch, English, German
Support available in Afrikaans, Chinese, Czech, Dutch, English, German, Malay
Support methods Email, Live Chat, Office, Phone, Skype
Account Types (micro standard executive islamic) Standard
Minimum account size $1
Minimum position size 0.01 lot
Spread type Variable
Typical spread on EUR/USD, pips 1
Minimum spread on EUR/USD, pips 0.5
Scalping Encouraged
Expert advisors Encouraged
Trading instruments (GOLD; CFD, etc. and the leverage) Forex – 1:500
Trading platforms Meta Trader 4, MT4 Mobile (XOGEE)
Digits after the dot in quotes 5
Margin call level 80%
Stop-out level 50%
Number of currency pairs 30
Bonus offers Yes
Trading contests Yes
Free education Yes
Personal manager Yes
Trading by telephone Yes
MAM accounts Yes
Segregated accounts Yes
Managed accounts Yes
Affiliate program Yes
Hedging Yes
Overnight interest rates (swaps) Yes
Trailing stop Yes
Pending orders Yes
Mobile trading Yes
Automated trading Yes

vantage_fx_logoEnfinium Pty Ltd is known in the forex market by the name of VantageFX and has their office in Australia and United Kingdom. The company was founded in the year 2006 and started their internet based online trading service since then. They offer a host of features to their customers like bonus offers, trading contests, free education and personal manager. They offer PAMM, MAM, managed and segregated accounts to their clients. You also have the facility of putting the order through telephone. Affiliate program is also conducted for traders. Segregated account makes sure that the customer’s and the company’s funds are kept separate. They offer a number of tutorials to their customers which are available for free at the company’s website. The company is well regulated by ASIC, a regulating authority in Australia and FSA in U.K. You can have Euro, GBP, JPY, Singapore Dollar and USD as the account currencies. Their website is multilingual and is available in Dutch, English and German languages. Their customer support service is also multilingual and is available in 7 languages and can be reached through email, live chat, office, phone and Skype.

Demo account is made available to the customers for free of cost only for 30 days with Meta Trader 4 as the trading platform. For real trading they offer Meta Trader 4 and MT4 Mobile (XOGEE) as the trading platform. While the Meta Trader 4 is the most used trading platform in the forex market, MT4 Mobile is the version used for mobile trading. They offer only one type of account that is Standard account and the minimum deposit required to open an account with them is only $1 and the minimum position size is 0.01 lots. They also encourage the use of scalping and Expert Advisor for maximum profit. They have 30 currency pairs to trade in.

The reviews for VantageFX seem to be pretty good and they have many happy customers. Most of the reviews speak about their excellent customer support service and how responsive they are. Most of the traders have written that the execution of trade with VantageFX is very fast and that there is stability and security of funds. Many of the traders like their bonus offers and that they conduct training contests. Segregated accounts gives security to the trader’s fund as it is kept separate from the company’s fund. The minimum deposit required to open an account with them is just $1 which is liked by many small traders. They also encourage the use of scalping and Expert Advisor which is liked by many traders. A few of the cons is that they have very limited payment methods and lack of PayPal as one of the modes of payment. They allow trading only in forex and no other instruments. Some have mentioned that their trading platform can be spruced up a bit. However, the overall review is good and the average rating given to the company by its users is 3.4 out of 10.

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