Vantage FX Review
Enfinium Pty. Ltd is a well-known company in online Forex trading (as kown as Foreign Exchange trading), which owns a website named Vantage FX. As a result of incredible growth of binary options, Vantage FX couldn’t stand apart from this potential market so they decided to launch a binary trading platform under the management of the Australian Financial Service License. Placing a head-office in Sydney, Australia, Vantage FX binary options platform is free charge and linked with MetaTrader 4 (MT4) through a real-time dual way connection. Therefore, traders are able to merge binary options and margin FX trading with minimum effort under a single trading account. Working with Vantage FX Binary Options is needless to worry about our hard earn money since they are kept separately and securely in the National Australia Bank, which is AA rated.
Vantage FX Review – Trading Platform
MT4 2012 (Metatrader 2012) is the latest version allows trading binary options. Hence, you have to download the new version of Vantage FX’s MT4. This live platform is powered by TechFinancials, an expert in online trading platform allows you to deal in binary options without having to leave your MetaTrader 4. You will have the chances to improve your trading skills with an impressive range of easy-to-use tools.
Nowadays, most of business works could be solved only by a smartphone. Therefore, fast-thinking brokers like Vantage FX have made up plans without any delay to develop their platform for mobile phone with the sole purpose of attracting as many traders as they could. The original and the mobile platform of Vantage FX use the same storage of data, so you can use one account with the same information to log in on live platform as well as on the mobile.
The most helpful educational feature that can only found on MT4 but no other platform thanks to its collaboration with FX Copy. FX Copy is a new social trading network, where traders are free to discuss about every event of the market as well as their opinions about brokers. Participating in FX Copy social network is the best way to interact, learn and follow professional traders.
Vantage FX Review – Opening An Account
In order to familiarize to the operation, traders have options to open up a demo account to practice in realistic simulation before real trade. Besides a gift of $20,000 virtual money, a 30-day MT4 demo account holders have chances to access to MT 2012 as well as MT4 Classic and to download freely a MT4 user guide.
As easy as eating a candy, live trading account will be opened straightaway after filling out an online form. Live trading accounts have an allowance of download trading software for free.
Vantage FX Review – Accounts
Similar to the FX trading, traders of Vantage FX binary options platform are divided into 3 account types depends on their initial investment budget. They are MT4 Standard Live Account, Vantage Pro Trader MT4 Live Account and MT5 Live Account. Respectively, the minimum amounts to open such accounts are $500 and $2,000 and $3,000. Meanwhile, the investment amount spreads widely from $10 to $1,000.
Currently, there are 3 available different MT4 optional platforms for users of MT4 Standard Live Account and Vantage Pro Trader MT4 Live Account. Based on their preference, they can choose one platform among MT4 2013, MT4 Classic and MT4 for Mac.
As mentioned above, trading with Vantage FX is of no charge as well as no hidden commissions on winning trade, which means they do not benefit from client’s binary options trades. That’s the reason why they provide free service to both demo and live account holders of forex.
Vantage FX Review – Banking Options
There are various ways to make your deposit, you are able to choose your currency unit in USD, GBP, JPY, EUR, NZD, AUD and SGD. You can use a domestic bank transfer service through National Australia Bank, BPAY. You can also use MasterCard and Visa, international swift transfers as well as global collect payment gateway. So convenient that you can make your deposit from anywhere around the world as local bank transfers are acceptable in more than 50 countries.
Your live account will be granted a 10% extra bonus once you deposited $1,000; $2,000 or $3,000. Bonus cash could only be withdrawn when requirements are met. For example, when you deposit $3,000, you will receive $300 for bonus, which will be withdraw after 90 days with at least 60 lots on currency pairs were traded. Withdrawal conditions are available in detail on the term and policy of the company.
Vantage FX Review – Trading Instruments
The forex-binary options broker offers the following trading instruments:
• High/Low and Above/Below
• Touch/No Touch and High Yield Touch
• Boundary and High Yield Boundary
• 60 Seconds
Vantage FX Review – Payouts
Returns rate of in-the-money is 80%, higher than the average rates for traditional trades of the market. Meanwhile, 300% for high-yield trades is a little bit lower than offers of some other top binary options brokers like 24Option or StockPair.
Vantage FX Review – Assets Offered for Trading
Tradable assets of Stocks, Currencies, Indices and Commodities are listed below:
- Currency pairs: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/SGD, AUD/USD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, 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/NOK, USD/SEK and USD/SGD.
- Indices: DAX 30, S&P 500, FTSE 100, DJ 30, SPI 200 and Nikkei 225.
- Commodities: Silver, Gold/JPY, Oil, Gold, Gold/EUR, Gold/Silver and Copper.
- Stocks: Apple, Amazon, Facebook, NIKE, CITIGROUP, Amex, Baidu, Google, Coca-Cola, JPMorgan Chase, McDonalds, Microsoft, IBM, EXXON, ANZ, Sony, Sumitomo, ICICI Bank, Tata Motors Ltd., Vodafone, BP, Barclays, AXA, France Telecom, BNP Paribas, Societe General and Gazprom.
Vantage FX Review – Withdrawals
Payment transactions with overseas banking institutions might charge fees for intermediaries, but it’s completely free for internal. Withdrawals are also supported in bank wire transfers.
Vantage FX Review – Customer Support
24 hours in 5 days a week is more than enough for supporting staffs to solve all of emerging problems. Their service is available in multiple languages via live chat, phone and email.
Vantage FX Review – Pros and Cons
• Payout for in-the-money trades is very decent.
• Demo account available upon request.
• Binary Options trading through MT4.
• Able to trade both FX and Binary Options in one platform.
• U.S. traders not allowed.
• In comparison, quantity of tradable assets is fewer than some other brokers.
Vantage FX Binary Options: Conclusion
In consequence of long-time experiences as a broker in online trading business, Vantage FX owns a lot of ways to satisfy their customers, regardless they are novice or experts. Somehow, their secret weapons is hidden in every professional inch of their website, which is so attractive to us. Seriously, if you want to enjoy the advantages of binary options trading, don’t hesitate to start your career at Vantage FX platform.